Invest Wisely
THE Competition and Tariff Commission (CTC) has approved six acquisitions, including the acquisition of TrenTyre subsidiaries by farming implements manufacturer Zimplow Holdings. Zimplow intends to acquire 100% shareholding in Scanlink, … Read More
DIVERSIFIED industrial group, ART Corporation, has acquired Nampak’s shareholding in Softex under a US$4,8 million deal. The decision is in line with ART’s five-year turnaround strategy that has seen the … Read More
WILLDALE Transport Services (Willtrans) liquidator Phibion Gwatidzo is not suitable to hold the office of a liquidator, the High Court has ruled, relieving him of his duties for selling assets … Read More
Zimbabwean-born business mogul and Econet founder, Mr Strive Masiyiwa, who has reportedly attained British citizenship, has been named the first black billionaire in the United Kingdom. According to British newspaper … Read More
The Private Infrastructure Development Group’s (PIDG) long-term infrastructure debt business, the Emerging Africa Infrastructure Fund (EAIF) saw its loan book break through the US$1 billion mark in 2020, with Zimbabwe … Read More
CALEDONIA Mining Corporation says its local unit, Blanket Mine, posted a strong recovery in output last month producing 5 470 ounces of gold. In a performance update for the first … Read More
BIG manufacturers bounced back during the first quarter of 2021, with improving disposable incomes and an inflationary slowdown underpinning a faster recovery than previously projected. Last week’s updates provided a … Read More
The Zimbabwe Investment and Development Agency (ZIDA) has teamed up with the International Finance Corporation (IFC) in undertaking an investor confidence survey whose findings would be key in improving the … Read More
NATIONAL Railways of Zimbabwe (NRZ) chairman, Advocate Martin Dinha, says the company is working towards transforming its operations into a modern and world-class service that caters for both inter and … Read More
Masvingo City Council plans to establish a road port at Exor Service Station on the outskirts of the country’s oldest town in a move expected to bring order and sanity … Read More
