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Monthly Archives
Meikles Limited is embroiled in a serious boardroom wrangle following recent executive appointments, which could lead to costly legal battles and reputational damage. (more…)…
By Kudzanai Gerede Companies and Markets Editor THE recent uptick in foreign-owned companies leaving Zimbabwe presents a complex situation for the country’s investment profile but opens up new opportunities for local businesses, analysts say. (more…)…
THE Central Mechanical and Equipment Department (CMED) says it plans to introduce interest rates for clients who delay payments starting next year. (more…)…
Prisca Tshuma Staff Writer REGIONAL fast foods restaurants group Simbisa Brands (Simbisa)’s delivery channels are projected to anchor group sales growth in the current financial year, research firm Inter Horizons (IH) Securities has said. (more…)…
THE government has announced its commitment to implementing effective policy interventions to support local industries in a bid to create a fair business environment for all sectors, with a particular focus on small and medium enterprises (SMEs). (more…)…
Kudzanai Gerede Companies and Markets Editor WIDESPREAD staff rationalisation complemented by bank automation helped to boost Steward Bank’s half year (H1) profit for the period ended August 31, 2024 amid ongoing restructuring. (more…)…
Almot Maqolo Staff Writer STARAFRICA Corporation (StarAfrica)’s diesel consumption rose to 416 364 litres for the year ended March 31, 2024 (FY2024), representing a staggering 105 percent growth from 203 003 litres consumed in FY2023. (more…)…
Prisca Tshuma Staff Writer ZIMBABWE’S trade deficit grew to US$207,6 million in September 2024, marking a 4,2 percent increase from August’s figure of US$199,1 million, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). (more…)…
PPC Limited says an overall reduction in the group’s administration and other operating expenditure in South Africa and Botswana partially offset the weaker performance in Zimbabwean operations (PPC Zim). (more…)…