Steward Bank says it is cutting staffing levels, after the reconstruction of its holding company EcoCash and a shift to digital banking.
Bank CEO Courage Mashavave says the upgrade of its banking systems, which...
Zimbabwe sold more minerals in the first half of the year through the state marketing agency, but earned less for the exports, reflecting the impact of lower metal prices on world markets.
The Minerals...
A Supreme Court ruling against Delta, in a US$54.7 million dispute against tax agency Zimra, shows the damage caused by Zimbabwe’s rapid currency policy changes.
At the heart of the dispute are the many...
Zimbabwe’s largest gold producer is negotiating with potential partners for a US$150 million investment to boost production at its Shamva mine by 50%.
Kuvimba Mining House — 65% owned by the state sovereign wealth...
After competing hard in the soft drinks market, Varun Beverages is getting ready for a new fight - the competitive snacks business.
Varun Beverages announced on Monday an agreement with PepsiCo to manufacture...
Looking for one sure way to make money from the Government? Get a tender, get paid, and just don’t bother supplying the goods.
The Office of the Auditor-General (OAG) has just tabled the 2023...
Edgars says its plan to increase sales of locally made clothes in its stores is working, reporting volume strong quarterly growth from the Carousel manufacturing unit.
The company invested US$1 million into Carousel, hoping...
The Mutapa Investment Fund has received a 2023 dividend of ZiG31 million (US$2.2m) from the National Oil Infrastructure Company of Zimbabwe (NOIC), one of over 20 state companies that the sovereign wealth fund now runs.
Businessman Zed Koudounaris has spent nearly US$260,000 buying shares in Innscor over recent weeks, shoring up his position in the company that he founded.
Koudounaris has bought additional shares since May, when he added...
As Finance Minister Mthuli Ncube prepares his mid-term budget statement, miners are sounding alarm on the impact of government policy on an industry already bleeding from low metal prices.
In an appeal to Ncube,...
