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Business
Delta Shrugs-Off Lockdown Hangover With Stronger Q3 Performance
Alcohol and beverages producer, Delta Corporation Limited (Delta) overcame initial lockdown hangover when it grew its revenue by 77 percent for the quarter and 33 percent for the nine months ending 31 December 2020 as production volumes…
Blanket Mine Posts Record Gold Production In 2020
Caledonia Mining Corporation has recorded an unprecedented total of 57,899 ounces of gold production at its Blanket Mine in the year ended 31 December 2020.
This is despite setbacks caused by the COVID-19 pandemic which saw Zimbabwe…
First Mutual Properties Pays $7M Dividend
Shareholders of listed property investment firm, First Mutual Properties (First Mutual) are set for a ZWL$7.4 million dividend pay check valued at 0.5982 ZWL cents per share from profits for the quarter ended 30 September 2020 this month.…
Pensions Industry Buoyant After Strong Fourth Quarter Performance
MUTARE-The Insurance and Pensions Commission (IPEC) has reported a surge in membership for the pension sector in the third quarter of 2020, opening the year on a high.
In its third quarter report, IPEC said the pension sector recorded an…
Can Zim Economy Weather A Second Lockdown?
Resilience- is the best word that describes Zimbabwe’s economy since the turn of the millennium and under the current COVID-19 induced lockdown.
The unpleasant situation has watered down prospects of turning around fortunes of the…
Stanbic Appoints New Chief Executive
Financial services provider, Stanbic Bank has appointed its Chief Financial Officer, Solomon Nyanhongo as Chief Executive (CE) with effect from 1 January 2021, 263Chat Business has learnt.
Nyanhongo takes over from Joshua Tapambgwa who…
Stanbic Bank To Step Up COVID-19 Mitigation Measures Through Digitisation
Leading financial services institution, Stanbic Bank, is banking on its top-notch innovative mobile and internet platforms to ensure its clients are well served throughout the 30-day lockdown.
Having just been awarded Best Bank by The…
Econet Data Traffic Surges In Q3 As Remote Learning, Working Stokes
The country’s largest telecommunications firm, Econet Wireless Zimbabwe Limited (Econet)recorded a sharp increase in data usage during third quarter (Q3) ended 30 November 2020, owing to increased remote working and learning during the…
DPA installs electric vehicle charging stations across Zimbabwe
HARARE – Distributed Power Africa (DPA) has started deploying electric vehicle (EV) charging stations across Zimbabwe as a way of encouraging the uptake of environmentally friendly cars.
This follows the government’s commitment late last…
Prime Royal Allays Penhalonga Community Fears
MUTARE- An investor at the struggling Metallon Gold concern, Redwing Mine says it will commence full mechanized gold production following the signing of a seven year lease while allaying community concerns over environmental degradation.…