July 2024

Government’s delayed payments spell drought for SeedCo shareholders

SHAREHOLDERS of SeedCo Limited (SeedCo) are in for a dividend drought as management withheld the pay-out, alleging lack of free cash flow due to the government's delay in paying for the seed that was supplied the previous year. (more…)

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July 11, 2024

National Report

TelOne seeks long term funding for network upgrade

STATE-OWNED telecommunications company, TelOne is investing US$31,1 million this year in network and technology infrastructure enhancements amid widespread concerns over Starlink's expected disruption of its present business model. (more…)

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July 11, 2024

Zimra seizes US$700 000 contraband

THE Zimbabwe Revenue Authority (Zimra) has reported a significant increase in the interception of prohibited goods, seizing items worth US$725 423 in 2023 alone. (more…)

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July 11, 2024

Opinions

ZiG a spark of hope amid economic challenges

IN THE face of persistent economic headwinds, a beacon of hope has emerged in Zimbabwe, casting a promising light on the nation's economic future. (more…)

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July 11, 2024

Old Mutual bullish on Zimbabwe… eyes significant potential

OLD Mutual Limited says it sees significant potential in Zimbabwe, highlighting it as one of its biggest markets outside of South Africa. (more…)

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July 11, 2024

Lifestyle

Sleep could be boosted by saving small amounts

Saving money regularly can help improve sleep, a new report suggests.…

0 COMMENT
July 11, 2024

Tech

Tech giant Samsung workers to strike indefinitely

A union representing workers at South Korean technology giant Samsung Electronics has called on its roughly 30,000 members to go on strike indefinitely, as part of its campaign for better pay and benefits.…

0 COMMENT
July 11, 2024

ZERA approves 1 759 MW power projects

THE Zimbabwe Energy Regulatory Authority (ZERA) licensed 17 new power generation projects in 2023, with a combined capacity of 1 759,64 megawatts (MW) in a bid to address the country's persistent power woes. (more…)

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July 11, 2024

Sport

Thompson feels ‘wanted again’ after Warriors exit

Klay Thompson says his move to the Dallas Mavericks is a “fresh start” after a “tough” ending to his Golden State Warriors career. The 34-year-old ended his 13-year stay with the Warriors to join the Mavericks this week. Thompson, an 11th overall pick in the 2011 draft for the Warriors,…

0 COMMENT
July 11, 2024

Companies & Markets

Low-yielding exports choke Hippo Valley cash flows

SUGAR producer Hippo Valley Estates (Hippo) says its cash flows were subdued during the first half of the year to March 31,2024 after it was forced to redirect significant sugar stocks to low yielding export markets after losing domestic market share to cheap sugar imports. (more…)

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July 11, 2024

Sunday, 22 December 2024

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