World’s Oldest Head Of State Celebrates 4 Decades in Power
Cameroon's government and its supporters are holding events this week ahead of celebrations Sunday marking President Paul Biya's 40 years in power. Meanwhile, opposition...
Simbisa Brands places emphasis on customer count growth in 1Q23
Martha Kaunda
HARARE - New stores and increased footfall in existing stores saw Simbisa Brands increase its total customer count in the first quarter to...
Dairibord sales volumes down 7% in Q3 on slowing demand
Itai Ndongwe
HARARE - Slowing demand due to a tight liquidity squeeze in the economy saw Dairibord Zimbabwe report a 7% sales volume decline in...
Proplastics sees improved H2 on exchange rate stability and increased plant...
HARARE – Proplastics Limited expects profitability to improve by year-end on the stability in the exchange rate and increased plant capacity after recording losses...
Invictus shares rally again after latest drilling update
Itai Ndongwe
Invictus Energy (IVZ) shares were up 45.83 percent to 35 cents at midday AEDT on the back of today's news that it had...
200 babies born through IVF Zimbabwe programme
The in vitro (IVF) fertilisation programme which was reintroduced in Zimbabwe in 2016 by a team led by Dr Tinovimba Mhlanga has proved a...
Infrastructure order book drives Masimba to 70% Q3 revenue growth
Martha Kaunda
Masimba Holdings revenue in the third quarter to Sept 30, 2022 rose 70% driven by an improved order book in the roads and...
Contango raises £7.5mln placing to fund Lubu coal project
HARARE - The London-listed resource firm, Contango Holdings said it raised £7.5 million in an oversubscribed placing to fund its coke product and thermal...
Unki PGM production rises 41% in QSeptember
Itai Ndongwe
HARARE - Anglo American Platinum’s local Unki Mine’s platinum group metals (PGM) production for the third quarter to September 30, 2022 rose 41%...
Download: September Milk Production figures
Download: Milk production Figures Jan-September 2022 (1)
Talkmore Gandiwa
HARARE – Zimbabwe’s milk production in the nine months to September rose 16.04% to 66.84 million litres...
Afdis relaunches Gold Blend Black
Itai Ndongwe
HARARE - African Distillers a Zimbabwe Stock Exchange-listed company, relaunched a premium Gold Blend Black (GBB) last Friday last week, as it seeks...
IFC and Nespresso partner to support coffee farmers in Zimbabwe, Uganda
The International Finance Corporation and Nespresso on Thursday announced a new partnership to promote more sustainable, resilient, and inclusive livelihoods for coffee-growing communities in...
Zim adopting new Convention on Biological Diversity measures
Talkmore Gandiwa
Zimbabwe is in the process of adopting the new Convention on Biological Diversity measures which seeks to reduce the key pressures driving biodiversity...
ZIDA appoints Tafadzwa Chinamo as CEO
The Zimbabwe Investment Development Agency has announced Tafadzwa Chinamo as its new chief executive officer, effective November 1, 2022.
Chinamo, who was previously CEO of...
Govt launches US$20mln irrigation development fund for smallholder farmers
Talkmore Gandiwa
HARARE - Government has today launched a US$20 million small holder farmers irrigation development fund which is aimed at revitalising 18 rural irrigation...
Masimba posts solid H1 profit on firm order book
HARARE - Listed construction and industrial group, Masimba Holdings Limited widened its profit for the six months to June thanks to a strong order...
Chinese investors to establish US$2.8 bln battery metals park
Itai Ndongwe
Government has approved a proposal by Chinese investors to establish a US$2.83 billion battery-metals park that will process metals such as lithium, platinum,...
Contango sees increased inquiries for thermal coal at its Lubu coal...
HARARE - The London-listed company, Contango Holdings expects to deliver 10,000t of thermal coal and 10,000t of coking coal per month from its Hwange...
