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Business

Single Board for ZESA Subsidiaries

Government last week resolved to establish a single board to take charge of the Zimbabwe Electricity Supply Authority (ZESA) and its subsidiary companies including Zimbabwe Power Company (ZPC), Zimbabwe Electricity Transmission and…

Forex Premiums Choke RioZim

Zimbabwe Stock Exchange listed mining giant, RioZim Limited has reportedly failed to import key consumables and spares into the country due to lack of access to foreign currency resulting in the company opting to take the expensive route of…

Unifreight Declares US$300k Dividend

Leading transport and logistics company, Unifreight Africa Limited has declared a final dividend of USD$300 000 to be paid to its shareholders after recording a profit before tax from continuing operations of $ 2.148 Million for the year…

Zimpapers Newspaper Revenue Tumbles

Zimpapers 1980 Limited, newspaper division has recorded a three percent decline in revenue for the year ended 31 December 2017, despite the fact that $3.8 million profit was 44.9% better compared to the same period last year. According to…
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