Asset manager Imara merges with Kura Capital
(The Source)- Regional asset manager Imara Holdings has merged with Mauritius-registered fund, Kura Capital Limited in a deal that will see the creation of a pan-African fund manager with over … Read More
Category: Companies
Innscor grows FY profit 11pct to $34mln
(The Source) – Light manufacturing group, Innscor reported an 11 percent increase in net income to $33,69 million in the full-year to June, from $30,48 million in the prior year … Read More
EcoCash remodeled website now has increased utilities
No doubt that EcoCash has really grown and they have the stats to prove it. Techzim in June, wrote about the milestone growth of the EcoCash ecosystem, i.e. the merchants, … Read More
Cash shortage affects banking sector jobs
The switch to high-percentage electronic banking, fed by the prevailing cash shortage countrywide, is reportedly taking toll on job security in the banking sectors amid indications that several banks have … Read More
MonaChrome revival anchored on new investor
Chrome smelting company, MonaChrome Private Limited’s full scale revival, is now anchored on the payment of $4 million to its creditors by the new investor, NK Trading, after shareholders and … Read More
Reconstruction of Alaska Smelting Plant begins
Reconstruction of the Alaska Smelting Plant has started nearly two decades after the facility owned by the Zimbabwe Mining Development Corporation, stopped operations. Alaska was shut down at the turn … Read More
Illegal currency dealers counting losses
Some illegal currency dealers who stocked the US dollar over the weekend in anticipation of a monumental collapse of value of bond notes are beginning to count their losses as … Read More
Govt invests $5 million in reservoirs and boreholes
Government has invested $5 million in the construction of reservoirs and drilling of boreholes across the country to enhance water harvesting methods for irrigation to boost agriculture output and provide … Read More
RTG eyes sustained profitability
LISTED Hotel group Rainbow Tourism Group (RTG), sees sustained profitability into the future on stability stemming from cost cutting initiatives over the past five years and a soon to be … Read More
