TSL units in good volume growth in F21
TSL Limited increased revenue by 144.57% following improved performance of the agriculture-based units. The group achieved good volume growth across most business units during the...
Fresh calls for exporters forex retention review
HARARE: The foreign currency retention policy for exporters that has been subject to criticism for years is likely to spell further doom for local...
Ariston proposes 5.80 cents per share dividend
Staff Writer
Buoyed by 31% increase in revenue for the year 2021, Ariston Limited Holdings board has proposed a final dividend of 5.80 Zimbabwe cents...
Fastjet introduces Victoria Falls Maun flights
Fastjet Zimbabwe has announced the introduction of a service between the resort city of Victoria Falls and Maun in Botswana effective 30 June 2022.
In...
Invictus Energy receives dataset for Muzarabani project
Itai Ndongwe
Invictus Energy (IVZ) has received a 2D seismic dataset for its Cabora Bassa project in Muzarabani, Zimbabwe, which it owns and operates 80 percent...
ProDairy targets production increase at Mafuro as milk output increases 4% in F21
HARARE – Milk processor ProDairy, which is part of the Innscor Africa group says it is targeting an increase in raw milk intake this...
CAFCA budgets for near double increase in capacity, says fx allocation should be timeous
Tadiwa Musiyiwa
Cable manufacturer CAFCA Limited is set to adjust its budget to increase capacity by 90% from the current 250 tonnes.
In the company’s 2021...
ZRA cautions against power generation above 550MW at Kariba
Talkmore Gandiwa/Itai Ndongwe
The Zambezi River Authority has cautioned Zimbabwe and Zambia against generating power above the 550mW levels which were accorded to the two...
Global tourism grows 4% in 2021 but stays below pre-pandemic levels
Global tourism experienced a 4% upturn in 2021, compared to 2020 (415 million versus 400 million). However, international tourist arrivals (overnight visitors) were still...
Zim, China sign trade protocol for citrus exports
Christopher Mahove
Zimbabwe and China have finally signed the trade protocol for the export of citrus fruits to China which is expected to see a...
