AdvertisementsAFRICAN Sun Limited (ASL) says it has restructured its debt to manage its interest burden and allow the company to grow its business.Advertisements The restructuring of the company’s borrowing would …
finance
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AdvertisementsA FREEZE on bread prices by government last year has suppressed the profitability and viability of businesses in the baking industry, with major players like Innscor Africa reporting a decline …
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AdvertisementsZIMBABWE’S national voice traffic increased 14 percent to 1,05 billion minutes for the quarter to December 31, 2017 from 924,7 million recorded the previous quarter, the Postal and Telecommunications Regulatory …
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AdvertisementsNATIONAL Foods Holdings Limited board chairman, Todd Moyo, has expressed concern over the Grain Marketing Board’s (GMB) participation in the local commercial maize meal market. National Foods last week published …
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AdvertisementsTHE Ministry of Transport and Infrastructural Development says it is in the process of opening the country’s air space to allow more airlines to service domestic routes. The permanent secretary …
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Advertisements ZIMBABWE’S competitiveness as an economy and investment destination on the ease of doing business rankings will remain poor unless foreign investors are able to repatriate dividends, an official from …
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Advertisements THE depletion of banks’ nostros accounts, used to fund foreign payments, created serious settlement problems for international payments and resulted in most banks having a backlog for telegraphic transfers …
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AdvertisementsLISTED quick service restaurants group, Simbisa Brands, last week reported a 30 percent increase in revenues for the six months ended December 31, 2017, buoyed by growth in Zimbabwe and …
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AdvertisementsAXIA’S profit has suffered significantly after its board decided to change the accounting treatment of its subsidiary, Transerv, the company’s financials released last week show. The listed specialty retail, distribution …
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AdvertisementsTWENTY three accounts on the local cryptocurrency exchange, Golix, were hacked over the past three weeks, the exchange revealed in a statement on Tuesday.Advertisements Cryptocurrencies are decentralised digital cash systems …
