Stories

PPC Zimbabwe says it expects to increase exports into the region after commissioning a $85 million plant in Harare which will double the firm’s cement production capacity to 1.4 million…

The Zimbabwe Stock Exchange industrial index picked up by 2.39 percent to 123.22 points this week while the mining index gained by 5.96 percent to 35.72 points as local interest…

Tendai Biti sits in his office in a leafy Harare suburb, contemplating another collapse of the Zimbabwean economy. Thanks to a chronic shortage of United States (US) dollars, the country…

Beverage giant, Delta Corporation is likely to sell-off its sparkling beverages business, which bottles popular Coca-Cola brands, analysts say. Delta stands to lose a third of its business if The…

President Robert Mugabe’s term in power reportedly ends in 18 months but some of his lieutenants have already shipped their belongings abroad while others keep their bags packed ready to…

Horticultural firm, Nutriveg has been placed under final judicial management to help resuscitate operations and recover more than $11.7 million owed to its creditors. Nutriveg’s major creditor, MetBank voted to…

The Zimbabwe African National Union-Patriotic Front yesterday lifted its suspension on three former ministers and high-ranking party officials, Webster Shamu, Francis Nhema and Flora Bhuka. Secretary for Administration Ignatius Chombo…

The Insurance and Pensions Commission (IPEC) has deregistered two non-life insurance companies Heritage Insurance and Excellence Insurance for failing to meet the prescribed minimum capital threshold of $1.5 million. The…

Beverage manufacturer Delta Corporation yesterday reported revenue of $246.6 million, eight percent down on the prior year as most of its segments recorded lower volumes on the back of depressed…

Donald Trump has been elected the 45th president of the United States. Here's what his presidency could mean for Africa: Slowing economic growth Africa's economies are already struggling with the…