adminMeikles injects $4m into retail division…turns to hair and beauty salons to boost revenue
Oliver Kazunga Senior Business Reporter— ZIMBABWE Stock Exchange-listed Meikles Limited plans to inject about $4 million into its retail division and tap into the beauty and hair salon business to…
Lobels Byo attains 85pc capacity utilisation
Senior Business Reporter LOBELS Bread is operating at 85 percent capacity utilisation at its Bulawayo factory following the installation of a new and efficient $2 million production line in July.…
Cheap chicken imports hit poultry market
Charity Ruzvidzo Business Reporter ZIMBABWE Poultry Association chairman Solomon Zawe says local producers are struggling to find a market for the 7.4 million day-old chicks produced in June this year…
Pick n Pay earnings to go up 35pc after cost cuts
SOUTH Africa’s second biggest grocery firm, Pick n Pay Stores Ltd, said first-half earnings will increase as much as 35 percent as the company cut back on costs and improved…
SA appoints new central bank boss
SOUTH African President Jacob Zuma picked Lesetja Kganyago, the former director-general of the National Treasury who joined the Reserve Bank as a deputy governor in 2011, as successor to governor…
Zambia mining tax dispute simmers
ZAMBIA could simplify its fiscal regime for mining companies by scrapping corporate tax for the sector next year, a government source said on Friday, a move that comes against the…
Dick to call it a day
Ricky Zililo Senior Sports Reporter— FORMER national team and Bantu Rovers FC steely defender Herbert Dick, 35, will hang his football boots at the end of the season after 17…
Kelvin Kaindu finally tenders resignation
Ricky Zililo Senior Sports Reporter KELVIN Kaindu finally resigned as Highlanders FC head coach. The Zambian delivered his resignation letter to the club after office hours on Friday. As earlier…
‘Hwange Charferfly Golf tourney a big success’
Lovemore Dube Senior Sports Editor THE Charferfly Hwange Golf Open, which ended on Sunday after a gruelling three days in hostile weather conditions, has been described as a big success.…
AmaZulu win inspires Mugeyi
Aaron Dube in Johannesburg, South Africa AMAZULU assistant coach Wilfred “Silver Fox” Mugeyi’s credentials received a boost when he guided his side to a 3-2 victory over Bloemfontein Celtic at…