Browsing Category
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…
Econet gets licence to generate own power
Econet Wireless has obtained a licence to generate power to meet the electricity and energy needs at its Willowvale premises in Harare, according to a notice carried in the media.
The Willowvale complex is a major hub for Econet’s…
Food World Shares Profit With Ruwa Orphans
Local retail chain, Food World has donated goods worth over a thousand dollars to the Ruwa based Rose of Sharon orphanage promising to continuously donate part of their profits to the underprivileged in society.
In an interview with…
ZB Bank Introduces Branch Self-Service Centres
ZB Financial Holdings is on a drive to renovate its branches across the country in line with regional and international standards saying they want to provide their customers with world class financial services.
This comes after the group…
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…
‘Chaka-Chaya neEcoCash’ Promotion is Back!
The ‘Chaka-Chaya neEcoCash’ promotion is back, offering much bigger prizes and affording much more people the chance to win thousands of prizes, the company has said.
“There are over one million dollars’ worth of prizes to be won and more…
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…
Old Mutual Relaxes Terms For Housing Stands
With Zimbabwe among the largest informalized economies in the world, Old Mutual Limited has moved to tap into this largely un-banked community by scrapping the payslip requirement for its housing stands, Old Mutual Group Chief Executive…
Lafarge Cement Stocking Patterns Affected by Heavy Rainfall
Lafarge Cement Zimbabwe Limited has reported that heavy rainfall adversely affected their cement stocking patterns while partially contributing a four percent decline in full year sales to US$58.48 million from US$61.00 million in the prior…