Advertisements “The future belongs to leaders who can think like entrepreneurs—solving problems, creating opportunities, and driving meaningful impact.”Advertisements IN today’s competitive and rapidly evolving business landscape, organisations and communities alike must adapt to thrive. This requires a new kind of leader: the entrepreneurial leader. These individuals combine innovation, resilience, and a results-driven mindset to create…
Advertisements STIFFER competition from new entrants in the local aviation space adversely impacted Fastjet Zimbabwe’s top line, subsequently plunging it into a US$4 million loss in 2023, the company’s latest annual report shows.Advertisements According to the company’s delayed 2023 annual report, revenue rose marginally by 1,8 percent to US$50,9 million in 2023 from US$50 million…
Advertisements KHAYAH CEMENT is banking on the successful completion of talks with finance partners to unlock resources for the refurbishment of the kiln at its Manresa plant in Harare, which is central to its short-term recovery strategy.Advertisements The cement producer, formerly Lafarge Zimbabwe has been battling operational challenges for many years mainly due to persistent…
Advertisements SUBDUED prices of platinum group metals (PGMs) globally during the course of 2024 adversely impacted development of Karo Mining Holdings (Karo)’s platinum project owing to delays in funding workstreams, the company has reported.Advertisements Karo, a local subsidiary of South African based resource group Tharisa plc said the PGMs’ price environment necessitated a review of…
Advertisements THE restructuring at CBZ Holdings Limited (CBZ) which commenced last year following major acquisitions by the group is set to be concluded at the end of this month as it streamlines operations, a senior executive of the company has said.Advertisements The financial services behemoth owns subsidiaries in banking, insurance, investments, wealth management, mortgages, retail…
Advertisements NATIONAL Tyre Services (NTS) says it has resumed direct procurement of budget tyre brands from China as it seeks to improve product availability, market share retention and enhancing competitiveness.Advertisements The company reported a “slight decline” in new tyre volumes during the six months to September 30, 2024 owing to supply chain glitches.In a statement…
Advertisements Elton ManguwoStaff WriterAdvertisements WILLDALE Limited has issued a cautious guidance for the year 2025 anticipating a continuation of tight liquidity conditions which led to working capital constraints and production inefficiencies during the financial year ended September 30, 2024. The brickmaking concern was further hampered by poor cash generation with cash from operations dipping 18…
https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-312043.mp3?cb=1736359918.mp3Advertisements ZIMBABWE’s new gold production record of 36,48 tonnes in 2024, up 21 percent from 30,1 tonnes the prior year, should give a major boost to the country’s local currency — the ZiG — which is backed by a basket of minerals, mainly gold, analysts say.Advertisements Gold producers broke the national target of 35 tonnes…
Advertisements DAIRY farmers in Zimbabwe produced 104,63 million litres in the first eleven months of 2024, just 11 million litres shy of the target for the year, despite a challenging operating environment.Advertisements The country’s dairy industry experienced a resurgence, with August 2024 marking a record monthly high of 10,15 million litres, the highest output in…
Advertisements IMPROVED volume performance and cost cuts enabled sugar producing firm Star Africa Corporation (Star Africa) to return to profitability, shrugging off stiff competition from cheaper imported sugar flooding the local market, the company has said.In its interim results statement for the six months to September 30, 2024, company chairman Rungano Mbire said the group…
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