Stories

Botswana-listed retail group, Choppies says revenue at its Zimbabwe operations grew by 17 percent in full year ended June 30 despite a sluggish economy underlined by chronic shortages of cash.…

Simbisa Brands reported a net income of $6.3 million, up from $5 million last year driven by an eight percent growth in revenue.  Revenue grew from $146.6 million in the…

Listed beverages manufacturer Delta Corporation, (Delta), says it is set to acquire a controlling stake in Lusaka Stock Exchange-listed sorghum beer company, National Breweries Plc (NatBrew), from its parent firm,…

Zimbabwe’s tax agency says it anticipates to surpass the $3.7 billion revenue target by at least 15 percent, as it ups collection efforts.  In the half year to June 30,…

Movement for Democratic Change leader Morgan Tsvangirai returned home today after four weeks in South Africa. His spokesman LukeTamborinyoka said Tsvangirai’s return “has confounded morbid skeptics; some of whom had…

Malawi-based First Merchant Bank ( FMB) has received regulatory approvals to acquire an effective 42.7 percent shareholding in Barclays Bank Zimbabwe, completing its takeover of the bank. FMB holds considerable…

Predictions by renowned world economic bodies and the government point towards economic recovery in Zimbabwe at least over the next 3 years. Underlying this foreseen recovery is a projected sustained…

Movement for Democratic Change leader Morgan Tsvangirai was so dodgy about the succession issue that people must be wondering whether he has not muddied the waters just like the Zimbabwe…

Linguist and media critic Noam Chomsky has listed 10 strategies used by politicians to manipulate the people. Chomsky a professor at Massachusetts Institute of Technology might as well have been…

The Zimbabwe Stock Exchange market capitalization yesterday reached $14.01 billion with market turnover amounting to $30.4 million, the highest daily turnover since 2014. Econet, BAT and Delta had a combined…