Govt blames towns councils for segregation of duties
Reason Razao
HARARE - Government is set to drill 5 000 boreholes to address water shortages across the country as it claims that there is segregation of duties by town councils in providing tapped water.
Concerns...
Lockdown extended by two more weeks
HARARE (FinX) - President Mnangagwa has extended the lockdown by a further two weeks noting that while the rate of coronavirus infections had fallen, the numbers were still high to warrant easing of the...
Agriculture anchors Meikles’ Q3 earnings as exports trail
Tapiwanashe Mangwiro
Harare – Meikles Limited recorded impressive performances in the agriculture segment for the third quarter ended 31 December 2020, with bulk tea production volumes scaling up 41% in the quarter and 6% year...
Mash Holdings’ operating profit up 18.9% in Q1, Bluffhill project kicks off
HARARE – Zimbabwe Stock Exchange listed property investment and development company, Mashonaland Holdings’ operating profit surged by 18.9% due to revenue growth in the first quarter ending 31 December 2020. The operating profit margin...
Star Africa sales rise 65% in nine months to December
Reason Razao
HARARE - Starafrica Corporation Limited saw a 65% increase in sales volumes in the nine months to December 21, 2020 mainly due to production returning to normal after the company had a three-week...
Batteries continue to sustain Art’s performance
Davison Kaiyo
Harare – Zimbabwe Stock Exchange listed concern, ART Corporation, has recorded a 26% increase in revenue which was mainly driven by improved product availability and a 7% growth in exports.
The group’s performance was...
More COVID-19 vaccines for Zimbabwe
Staff Reporter
Russian diamond producer Alrosa PJSC will donate the Sputnik V coronavirus vaccines to Zimbabwe’s vaccination programmes.
Responding to questions from Bloomberg, Alrosa chief executive Sergey Ivanov confirmed that the vaccines would be delivered to...
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Cottco expects 27% reduced cotton intake to 85 000t
HARARE – Cottco Holdings says it expects reduced intake in the current season due to the late onset of the rains and the erratic...
