SEED Co Limited (Seed Co) reported a 59 percent decline in sales volumes in the first quarter to June 30, 2025 due to weaker export orders from the African region.The significant percentage change was attributed to a high base effect from the previous year. Last year, Seed Co’s maize seed sales outstripped the budget, benefitting…
PLASTIC pipes manufacturer Proplastics’ newly installed rooftop solar panels were able to cut by up to eight percent greenhouse emissions from operations on a year-on-year basis, its 2024 annual report shows.This environmental initiative is driven by the urgent need to combat climate change and marks a significant shift in the company’s operational strategy.Companies now view…
THE Bulawayo City Council (BCC) has partnered with BancABC to launch an online payment platform for ratepayers to decongest revenue halls and reduce queues. In a statement yesterday, the BCC said the payment platform enabled instant updating of consumer accounts upon payment. “This development aligns with the vision of being a leading, smart, and transformative…
Australian Nick Kyrgios says he will miss this year’s Wimbledon after suffering a “small setback” on his latest return from injury. Kyrgios, who was beaten in the 2022 final at the All England Club by Novak Djokovic, has played very little tennis over the past two years because of a troublesome wrist that required surgery.…
Block is launching a feature to allow businesses that use the company’s Square point-of-sale terminals to accept payment in Bitcoin, according to a statement from the company. The Bitcoin payments feature is expected to start rolling out in the second half of 2025 and reach all eligible sellers in 2026, subject to regulatory approvals, according…
McLaren’s Lando Norris set the pace in a largely unrepresentative first practice session at the Bahrain Grand Prix. Norris headed Alpine’s Pierre Gasly by 0.238 seconds with Ferrari’s Lewis Hamilton…
Rarely in the past decade and a half of Qatari ownership have Paris St-Germain entered the spring with this kind of confidence. On Saturday evening, the runaway Ligue 1 leaders wasted little time in dismantling a Lille side who also had a midweek Champions League tie to look forward to, scoring four goals in what…
TANGANDA Tea Company’s borrowings grew by 153,2 percent to US$6,52 million in 2024 against US$2,57 million in 2023 as the group pursued expansion initiatives.While increased borrowings may indicate confidence in future revenue streams, they also bring financial risks, particularly in the current volatile economic environment characterized by tight liquidity.In its 2024 annual report, group long-term…
By Marvelous Tapera THE introduction of new tax provisions under the Finance Act (No. 2 of 2024) marks a significant shift in the way Zimbabwe handles the taxation of its growing betting industry. The provisions, which impose taxes on both bookmakers and betting punters, reflect a broader trend of governments worldwide increasing their focus on…
INNBUCKS MicroBank Limited (Innbucks) posted a significant growth in revenue from customers’ loan payments ― more than doubling its topline while fees and commissions income also fared positively during the year ended June 30, 2024. In its delayed full year results, the group saw its interest income grow by an impressive 960 percent to ZiG96,4…
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