ED Plays Santa to Civil servants
Steven Mungate
President Emmerson Mnangagwa has dangled a carrot to struggling, underpaid civil servants through a special presidential bonus for 2022 as the country enters the election season.
Civil servants most of whom earn below ...
Mnangagwa To Officially Open New Parliament Building Next Week
President Emmerson Mnangagwa is expected to officially open the 5th session of the Ninth Parliament on the 23rd of November 2022. This was reviewed by the clerk of Parliament Mr Kennedy Chokuda in a...
Gates Foundation Pledges $7 billion For Africa
NAIROBI (Reuters) - The Bill & Melinda Gates Foundation said on Thursday it was committing $7 billion to Africa over the next four years, as Bill Gates warned that the Ukraine crisis was reducing...
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 parties are holding rallies calling for the 89-year-old Biya, the...
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 September by 36.2% to 14.38million.
According to the group, the store...
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 the third quarter to September.
Performance was affected by the changes...
Proplastics sees improved H2 on exchange rate stability and increased plant capacity
HARARE – Proplastics Limited expects profitability to improve by year-end on the stability in the exchange rate and increased plant capacity after recording losses in 1H22.
The group recorded an $ 89.7 million HY-22 loss...
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 reached a total depth of 3618 meters at the Mukuyu-1...
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 great success with 197 live births recorded so far and...
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 earthworks, mining and housing infrastructure.
In its latest trading update the...


















