PIPING products manufacturer, Proplastics, says its new investment of a 500mm production plant contributed 47 percent to total revenue during the half year ended June 30, 2023. (more…)
THE Zimbabwe Energy Regulatory Authority (Zera) says it expects a five percent annual increase in liquefied petroleum gas (LPG) usage despite a decline of 2,16 percent in the first half of the year. (more…)
Bindura Nickel Corporation (BNC) says it has committed US$34,43 million in the past three years towards mine closure plans and rehabilitation of mine areas being closed out. (more…)
COTTCO Holdings (Cottco) says it will set up a 60-tonne per day oil expressing factory in Gokwe, which is expected to support rural development. (more…)
GOLD deliveries to Zimbabwe’s sole buyer of bullion, Fidelity Gold Refinery, declined by 13,45 percent to 19,33 tonnes in the first eight months of 2023, latest statistics show. (more…)
STANBIC Bank has reported a 572 percent rise in its inflation-adjusted half-year profit, underpinned by the surge in foreign currency-denominated transaction volumes. (more…)
EMPOWER Bank says it will increase its foreign currency income generation going forward, despite recording the first six months of 2023 as the most difficult operating period in its five-year operating history. (more…)
Bindura Nickel Corporation (BNC) says it will be embarking on a solar power plant project as it seeks to transition to clean energy sources to reduce its carbon footprint. (more…)