TSL profit surges 45% on strong tobacco and logistics demand
DIVERSIFIED concern TSL Limited recorded a 45,25% increase in profit after tax to US$5,59 million for its half year ended…
Category: Companies
News and updates on specific companies and industries
CTC probes Unifreight’s Cheetah Express deal
THE Competition and Tariff Commission has launched an investigation into Unifreight Africa Limited’s proposed acquisition of an 86,67 percent shareholding…
ZimTrade seeks market opportunities in Namibia
ZIMTRADE has moved to unlock new export channels into Namibia, with leather and horticulture identified as priority sectors, following high-level…
Stability, currency trust propel industrial growth
THE Confederation of Zimbabwe Industries says 2025 was a good year for business due to policy consistency, macroeconomic stability and…
Zida unveils US$17m investment pipeline
The Zimbabwe Investment and Development Agency (Zida) has unveiled investment opportunities worth more than US$17 million in technology, gold mining…
South Africa’s IDC to gain stake in Hippo, Triangle under Tongaat rescue plan
South Africa’s state-owned Industrial Development Corporation (IDC) is set to gain exposure to Zimbabwe’s sugar industry after agreeing to become…
Turnall plans Bulawayo sheeting plant upgrade
BUILDING materials manufacturer Turnall Holdings plans to upgrade its Bulawayo sheeting plant to expand production capacity, improve operational efficiencies ahead…
Chivayo’s firm IMC wins US$2.9bn tender in Kenya
ZIMBABWEAN Businessman Mr Wicknell Chivayo’s company, IMC Construction Kenya, has won a tender to reconstruct and modernise the Jomo Kenyatta…
ZiG stability enhances growth opportunities — Delta
THE stable economic environment anchored by the Zimbabwe Gold (ZiG) has significantly enhanced long-term planning, savings and investment conditions for…
FIU moves to regulate Virtual Asset Service
ZIMBABWE has taken a major step towards regulating the rapidly growing virtual assets sector by introducing a framework for the…