Almot Maqolo, Staff Writer, Author at The Financial Gazette

TSL posts Q3 revenue growth

ZIMBABWE Stock Exchange-listed diversified company, TSL Limited (TSL) wants to intensively invest in its core business sectors of agriculture and logistics after realising significant revenue gains during the third quarter ended July 31,2024. (more…)

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September 19, 2024

Top Stories

ZBCA seeks more funds for projects

PLAYERS in the construction industry are pushing for an increase in budget allocation from the current two percent to at least 10 percent to unlock the sector's full potential. (more…)

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September 19, 2024

Top Stories

ACZ seeks US$30mln for airport extension

THE Airports Company of Zimbabwe (ACZ) is exploring financing options for a runway extension at Joshua Mqabuko Nkomo International Airport in Bulawayo to accommodate larger aircraft and improve aviation infrastructure. (more…)

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September 19, 2024

Top Stories

Authority move to improve airspace safety

THE Civil Aviation Authority of Zimbabwe (CAAZ) is working with industry stakeholders to mandate the installation of transponders on small aircraft to improve air traffic safety. (more…)

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September 19, 2024

Companies & Markets

NMB seizes property worth ZW$11,5bn from defaulters

NMB Bank Zimbabwe Limited (NMB) seized properties worth ZWL11,5 billion in 2023 as part of efforts to recover loans from defaulting clients. (more…)

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September 18, 2024

Top Stories

Air traffic surges 24pct in H1

PASSENGER traffic in Zimbabwe’s airports surged by 24,8 percent in the first half of 2024, reaching 1,02 million passengers compared to 820 667 during the same period in 2023, according to the Civil Aviation Authority of Zimbabwe (CAAZ). (more…)

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September 17, 2024

Companies & Markets

Kavango eyes stake in drilling company

LONDON Stock Exchange-listed Kavango Resources PLC (Kavango) is set to strengthen its position in the metals exploration sector by acquiring a 45 percent stake in its drilling partner, Equity Drilling Investment, for US$22 500. This acquisition aims to create a comprehensive supply chain solution for Kavango’s exploration activities…

September 16, 2024

National Report

Tariffs ‘threaten’ business competitiveness

THE Competition and Tariff Commission (CTC) has shifted its focus to tariff assistance in an effort to bolster local industry and enhance competitiveness, particularly for businesses that rely on imported raw materials. (more…)

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September 16, 2024

Companies & Markets

ZimAlloys turns to renewable energy

GWERU-BASED ferrochrome processor Zimbabwe Alloys Limited (ZimAlloys) says it is working on developing a 15-megawatt solar plant at its factory to alleviate the impact of power outages on its operations. (more…)

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September 15, 2024

Companies & Markets

OK Zimbabwe acts on supply chain risks

RETAIL giant OK Zimbabwe Limited (OK Zim) is strengthening its relationships with key suppliers to iron out conflict in base currencies of trade and prevent supply chain disruptions. (more…)

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September 12, 2024

Wednesday, 9 October 2024

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