Cables giant sets aside US$1m for plant, equipment purchase
Part of the company’s funding structure includes a US$878 284 drawdown from a US$1 million loan facility carrying interest of 11% per annum over 36 months.
By Blessed Ndlovu
34m ago
Commercial milk production surges
“March commercial milk production climbed six percent to 10.2 million litres, while April output grew five percent to 10.1 million litres,” the Zimbabwe Economic Review said.
By Kirsty Sibanda
41m ago
Old Mutual revenues hit near parity
The evolving revenue mix reflects Old Mutual’s push to build more resilient earnings in a volatile operating environment.
By Concilia Mupezeni
42m ago
Zimplats furnace maintenance hits Zim Q1 platinum output
The slowdown highlights the vulnerability of Zimbabwe’s platinum sector to operational disruptions at major producers.
By Mthandazo Nyoni
42m ago
Businesses warn against compulsory hiring of National Youth Service graduates
Zimbabwe has one of the youngest populations in Africa, with youths accounting for a significant share of the unemployed, according to official statistics and
By Mthandazo Nyoni
54m ago
Surviving corporate failure in a Vuca environment
The environment may be Vuca, but other entities are surviving. In fact, some may even be thriving.
By Trust Chikohora
1h ago
Banks push for lending revival as stability rekindles confidence
Banks have gone through years of cautious lending driven by runaway inflation, currency instability and persistent liquidity shortages.
By Blessed Ndlovu
1h ago
Towers without customers: NetOne LTE expansion and revenue it hasn’t found
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) quarterly reports confirm the build happened.
By Valentine Muhamba
1h ago
Premium
Tycoon haunts RBZ over closed Interfin bank — a decade on
BVI is a tax haven and Al Shams Global operates in Zimbabwe as a foreign company.
By Mthandazo Nyoni
1h ago
