Khayah slips into corporate rescue as US sanctions bite
“Creditors and other stakeholders shall be notified of further processes by the corporate rescue practitioner,” Khayah said.
By Business Reporter
6h ago
National Foods shareholders approve delisting, share buyback
National Foods last month announced that it would delist from the VFEX to streamline its operations and concentrate on long-term strategic objectives.
By TAFADZWA MHLANGA
22h ago
Mineral sales drop to US$2,6bn in 11 months
Growing geopolitical tensions in the Middle East and Europe, as well as major western nations facing inflationary pressures, led to volatile commodity prices.
By TAFADZWA MHLANGA
Dec. 23, 2024
Meikles dispute wipes off US$7,39m in shareholder value
The independent non executive directors that resigned are Rugare Chidembo, James Mushore, Stewart Cranswick and Simmon Hammond.
By Tatira Zwinoira
Dec. 23, 2024
Kavango eyes US$8m for Zim, Botswana operations
Kavango has three gold mining projects in Zimbabwe — the Nara Gold Project, Leopard Project and Hillside Project.
By Business Reporter
Dec. 23, 2024
Ecocash laments ‘challenges’
We sincerely apologize for the inconvenience caused by the system challenges to all our valued customers.
By Staff Reporter
Dec. 22, 2024
ICGZ honours governance champions
This award recognised company secretaries who have mastered complex legal and regulatory environments, making a demonstrable difference.
By Online Reporter
Dec. 21, 2024
Microfinanciers approve more loans based on movable collateral
PaR is a key financial metric used to measure the health of a loan portfolio, particularly in microfinance and banking.
By LEE MUSAIDZI
Dec. 13, 2024
Banking sector resilient, stable: Matshe
However, Matshe said as of September 30, 2024, all banking institutions were adequately capitalised.
By Tatira Zwinoira
Dec. 13, 2024
UNDP invests US$60m in solar, irrigation projects
He said the idea of the project was to have clinics operating throughout the day.
By TAFADZWA MHLANGA
Dec. 13, 2024
CBZ shifts focus after CTC blocks FMHL further share purchases
Nyazema said the group was actively raising additional funding to address liquidity challenges and stimulate economic activity.
By Ashton Ndakusiya
Dec. 13, 2024
Tanganda backpedals on ZSE delisting
This was after the firm lost tens of millions of dollars from its market capitalisation on the ZSE, since it listed on the bourse on February 3, 2022.
By Tatira Zwinoira
Dec. 12, 2024
Regulatory costs chokes industry, hinders competitiveness: CZI
He bemoaned the pressure being exerted on the formal sector due to smuggled and counterfeit products that are dominating the market.
By TAFADZWA MHLANGA
Dec. 12, 2024
Tongaat Hulett proceeds with debt-to-asset swap
The stakeholders include the lender group, the Industrial Development Corporation of South Africa Ltd and shareholder bodies.
By Tatira Zwinoira
Dec. 11, 2024
Microfinance sector must innovate: Banker
The banker’s call to action resonated deeply with attendees, as he highlighted the importance of adapting to the ever-changing landscape of the financial services sector.
By LEE MUSAIDZI
Dec. 11, 2024
Revisit export retention threshold: UNDP
Local exporters are required by law to surrender the remaining 25% to the Reserve Bank of Zimbabwe in exchange for local currency.
By TAFADZWA MHLANGA and TAKUDZWA MUNEMO
Dec. 11, 2024
National Foods to focus on cereals, biscuits and pasta lines
During the period under review, the group invested in advanced equipment and established its own manufacturing facilities for high-demand products.
By Tatira Zwinoira
Dec. 11, 2024
RTG underscores media role in environmental issues
Khumbula made the remarks at the recent 2024 Environmental Reporter of the Year Awards, hosted and sponsored by RTG and local environmental focused group, Environment Africa.
By Ashton Ndakusiya
Dec. 10, 2024
CTC blocks CBZ from upping FMHL’s stake
In a statement yesterday, CBZ Holdings said it “will no longer be proceeding with the mandatory offer to the minority shareholders in First Mutual Holdings Limited.”
By Tatira Zwinoira
Dec. 10, 2024
‘Electronic procurement systems enhance service delivery’
The annual event was held under the theme Procurement Excellence in the Digital Age.
By Blessed Ndlovu
Dec. 10, 2024
Incentivise informal sector: CZI
The informal sector is now estimated to make up between 60% and 70% of the economy, generating annual revenue of US$14,2 billion, according to the central bank.
By TAFADZWA MHLANGA
Dec. 10, 2024
Your Guide to Smarter Investments: How SIP and Mutual Fund Calculators Transform Planning
Calculators and generators have become user-friendly and accurate in today’s digital world.
By Newsday
Dec. 9, 2024
EcoSure toasts to a decade of transforming lives
EcoSure’s decade-long journey has been marked by relentless innovation.
By Staff Reporter
Dec. 9, 2024
ZimTrade targets youths in new export drive
To address financial barriers, ZimTrade partnered Ecobank to offer tailored financial packages and provided equipment and machinery as prizes to support youth businesses.
By Ashton Ndakusiya
Dec. 9, 2024
Local consortium seeks US$3 billion for power transmission project
Cross said the dispensation would allow it to service the external liabilities that would be created by their activities.
By Melody Chikono
Dec. 9, 2024
Southern Africa to benefit from new vehicle meant to unlock funding for mega projects
The composition reflects a more granular and well-diversified pool of assets to appeal to a broad spectrum of investors.
By Melody Chikono
Dec. 9, 2024
2024 Africa Investment Forum attracts US$29,2 billion
The AfDB boss said the AIF was a continuum and as the Africa Investment Forum Founding Partners.
By Melody Chikono
Dec. 8, 2024
Bitcoin breaches US$100K mark buoyed by Trump re-election
The re-election of Trump on November 5 has added US$1,43 trillion to cryptocurrency’s overall market capitalisation.
By Tatira Zwinoira
Dec. 6, 2024
