Government mulls diamond cutting college
Government will establish a diamond cutting and polishing college in Manicaland Province by next year using money it will get from selling gems that are being evaluated, a Cabinet Minister … Read More
Category: Companies
Dawn H1 PAT falls 80pct to $90k, revenue up
Listed property firm, Dawn on Monday reported an 81 percent drop in profit for the six month period to June 30, to $90,442 compared to $480,019 last year after an … Read More
Zimbabwe suspends duty on fertilised poultry eggs
Zimbabwe has suspended import duty on fertilized poultry eggs for a six month period in a bid to revive poultry production following successive outbreaks of Avian Influenza in the country … Read More
Simbisa FY PAT at $6,3mln
Simbisa Brands reported a net income of $6,3 million, up from $5 million last year driven by an eight percent growth in revenue. Revenue grew from $146,6 million in the … Read More
NTS to get more products from China
NATIONAL Tyre Services Limited (NTSL) will be doubling down products from China, which are at least 50% cheaper than those obtained from their usual suppliers in South Africa. NTSL experienced … Read More
Govt subsidy chokes Natfoods
NATIONAL Foods Holdings Ltd (Natfoods) has been negatively affected by the high price offered by the Grain Marketing Board (GMB) for maize, seeing its profit reduced to $13,7 million in … Read More
Govt offers sweetener to foreign airlines
THE government is considering waiving navigation and landing fees to lure new airlines into the destination, in an ambitious drive to grow the tourism sector. The tourism sector is considered … Read More
URL goes grocery, eyes regional markets
UNITED Refineries Limited (URL) has expanded its range as a food and grocery products manufacturer, focusing on servicing local, regional as well as international markets, an official has URL chief … Read More
fastjet rekindles growth plans
fastjet Plc will begin flying from Mozambique this year and expects to start internal South African services in 2018 as it rekindles growth plans put on hold as losses mounted. … Read More
Govt pays $5m to gold miners weekly
Government is shelling out US$5 million towards payment for gold delivered by small-scale miners, which is weighing down the availability for physical cash for ordinary citizens, a Cabinet minister has … Read More
