Olivine in $24m expansion drive
Martin Kadzere Olivine Industries Ltd, a local unit of Wilmar International, has embarked on a $24 million plant upgrade, as it seeks to expand its food portfolio with new products.
Econet capitalises on cash shortage
Kudzanai Sharara The country’s digital services giant Econet Wireless Zimbabwe, this week reported its results for the year ended 28 February 2018 showing phenomenal growth in its profits which were…
New ethanol project for Mashonaland West
Africa Moyo Government is working towards producing ethanol from cassava in Mashonaland Central, as part of efforts to increase the availability of the commodity in the country for fuel blending…
Mines gear up for 2030 vision
Ishemunyoro Chingwere The Ministry of Mines and Mining Development will purse deliberate policies and strategies that feed into President Mnangagwa’s vision to help quicken Zimbabwe’s aspiration to become a middle…
StanChart seeks more funds from UK’s CDC
Martin Kadzere and Golden Sibanda Standard Chartered Zimbabwe is mulling engaging United Kingdom development finance institution, CDC, for an additional loan funding to support private sector, as it emerged Britain’s…
Zimbabwe takes F D I drive to Canada
Golden Sibanda A Zimbabwean delegation comprising government and private sector officials descends on Canada next week to lure Foreign Direct investment (FDI) into its lucrative mining sector from one of…
Makamba faces the boot
Martin Kadzere Telecel Zimbabwe will reconvene an extra ordinary general meeting by next Friday to effect the removal of James Makamba as a shareholder and director of the country’s second…
All Share Index closes on a high
HARARE – The All Share index closed the week on a higher note after putting a strong 1.69 points (or 1, 56 percent) to close at 109.99.
NPS transactions up 9pc
BH24 Reporter HARARE – The value of transactions processed through the National Payments System (NPS) rose by 8, 8 percent during the week to May 18.
Agribank boosts financing for sugarcane production
BH24 Reporter HARARE – Agribank has increased sugarcane support fund to around $3, 5 million this year from $2, 1 million last year as part of efforts to boost sugar…










