More heads to roll at NetOne

The board of Zimbabwe’s second largest mobile operator, NetOne,  today said it is implementing strategies aimed at transforming the state-owned telco from being perennially dependent on shareholder injections into a…

CABS asset base now $1billion

CABS houses in Budiriro- pic The Herald Zimbabwe’s largest mortgage lender, Central African Buildings Society (CABS) says its total asset base increased by 22 percent to $1 billion from $852…

Dairibord makes five-fold profit

Milk processor Dairibord Holdings is restructuring its operations to simplify the group structure, the company has said, and will deregister a number of its dormant companies to reduce costs. The…

Mimosa mine to change ownership

Aquarius Platinum, which jointly owns Zimbabwe’s Mimosa Mine in Zvishavane, on Thursday said South African regulators had approved the purchase of its entire shareholding by Sibanye Gold. The Bermuda registered…