Falcon Gold in financial distress as loss widens to $4,8m
PHILLIMON MHLANGA Troubled listed resources firm, Falcon Gold Zimbabwe, is in severe levels of financial distress due to worsening economic conditions in the country...
Govt starving forex earners
PHILLIMON MHLANGA
Government’s effort to stabilise foreign currency exchange rate isstifling the generation of forex as it is not...
‘Firms that produce for local market cannot have SEZ tax incentives’
STAFF WRITER
In a move likely to draw various interpretations about how government is co-ordinated among its ministries, Finance and Economic Development Minister Mthuli Ncube...
Q&A: Delta focuses on regional and exports strategy
Listed beverages manufacture Delta Corporation last week reported a 57 percent slump in lager beer volumes for the first quarter while carbonated drinks sales also...
Cambria wins High Court US dollar case
PHILLIMON MHLANGA
London-listed Cambria Africa PLC has won a legal case against Breastplate Services trading as Nemchem International over payment of outstanding shares obligation in United...
Zisco deal hangs in balance
TINASHE MAKICHI
The takeover of the Zimbabwe Iron and Steel Company (Ziscosteel) by a Chinese investor, Guangzhou R&FA, is standing on shaky ground following revelations...
Padenga proposes move to gold mining as Eureka desperately needs funding
HARARE – Listed crocodile skins exporter announced plans to acquire a 50.1% equity stake in Dallagio, a mining business which has interests in the...
Ex-BAT managing director Mlambo to chair ZimTrade board
Business Reporter
The ministry of Foreign Affairs and International Trade has appointed former British American Tobacco (BAT) MD Clara Mlambo to chair the nine-member board...
Cassava International launches convenient, all-in-one SASAI App in Zimbabwe
• Integrated App offers unique Pay, Chat and Explore features
Staff Writer
Cassava Fintech International (CFI), in partnership with its local subsidiary Cassava Smartech Zimbabwe, and...
Surface Wilmar to inject US$24m in Olivine plant upgrade
TINASHE MAKICHI
The country’s biggest cooking oil manufacturer, Surface Wilmar has put in place a revival plan for Olivine Industries, which will result in a...