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Wednesday, September 18, 2019
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From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.

Diamond mining firm targets nearly 500pc production increase to 10mln carats

Phillimon Mhlanga in Victoria Falls VICTORIA FALLS – The Zimbabwe Consolidated Diamond Company (ZCDC) plans to increase production of diamonds by 488 percent to 10...

FBC draws down $60 million AfreximBank facility

Tinashe Makichi HARARE - FBC Holdings has started drawing down on the $60 million Afreximbank facility through a structured arrangement that will hedge the bank...

Dawn Properties 5-month revenue grows 27%

HARARE - Increased property income largely from hotels and Timeshares drove Dawn Properties’ revenue for the five months of 2018 to $2.2 mln which...

Nicoz minorities approve FMH takeover

Taurai Mangudhla HARARE - Nicoz Diamond Insurance Limited (NDIL) minorities this morning unanimously approved a scheme of arrangement in which they will either receive ten...

IPEC tightens screws on insurance companies

Firms to get regulatory approval for new products Phillimon Mhlanga HARARE – The Insurance and Pensions Commission (IPEC) has directed all insurance companies to seek...

Old Mutual’s African & emerging markets arm lists on the ZSE as managed separation...

HARARE- Old Mutual plc today continued with its break-up plan by re-listing its financial services unit on the Johannesburg Stock Exchange. The financial services firm,...

General Beltings banks on mining success

Taurai Mangudhla HARARE - General Beltings Holdings (GBH) forecasts growth for its business buoyed by demand for its products from the mining sector. The business is...

CFI Holdings profit up 91% on good retail performance

Phillimon Mhlanga HARARE – CFI Holdings reported a 91 percent surge in profit to $2,1 million during the six months to March 31 2018 from...

Vast injects $60m into Eureka Gold, targets 140kg monthly gold production

Tinashe Makichi GURUVE – Eureka Gold Mine has been re-opened after a capital injection of $60 million and has plans to produce at least 140...

Zim, Rwanda perfomances drive PPC revenue growth

Business Writer HARARE - Stellar performances by Zimbabwe and Rwandan operations saw cement manufacturer, Pretoria Portland Cement (PPC)  record a seven percent growth in revenue  to R10,3...