adminTharisa Capital to invest US$391m in Karo mine
Nelson Gahadza Senior Business Reporter Karo Mining Holdings, the South African parent company of Tharisa Capital, says it will invest US$391 million in developing the first phase of Karo Platinum mine…
Zim joins strategic Commonwealth trade body
Zimbabwe’s re-engagement efforts spearheaded by President Mnangagwa continue to bear fruit with the national trade promotion agency, ZimTrade, joining the Commonwealth Enterprise and Investment Council (CWEIC) as a strategic partner, giving the country greater access to the wider Commonwealth economy estimated around US$13,1 trillion.
Zimplow pursues internal forex generation options
Michael Tome Business Reporter Zimplow, a farm implements manufacturer listed on the Zimbabwe Stock Exchange (ZSE), has said it is pursuing avenues to generate foreign currency internally to finance its operations…
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- businessweekly
- November 2, 2022
- 44 views
Maize import bill cools by 81 pc as ZSE gains on Tuesday
Business Writer Zimbabwe has seen its maize import bill drop by 81,78 percent in the eight months to August 2022 according to the latest figures released by the Zimbabwe Statistics…
ERVINE RALLIES THE CHEVRONS . . . as they chase T20 World Cup semi-final spot
ADELAIDE. — Zimbabwe skipper Craig Ervine said yesterday that a shock semi-final spot at the ICC Men’s Twenty20 Cricket World Cup would be the “icing on the cake”.
EDITORIAL COMMENT : Implement fund for green power promptly
THE major complication for developing countries reliant on coal-fuelled power stations for energy and wishing to go greener is the huge sums needed to build non-coal power stations, and preferably stations that use renewable energy and so have a zero carbon footprint, at least once they are built.
US rapper Takeoff shot dead
ATLANTA. – Takeoff, a member of the rap group Migos, was fatally shot and killed at a party held at a Houston bowling alley early yesterday, media reports said.
President consoles Tongogara’s family
President Mnangagwa yesterday visited the Tongogara family to console them following the death of Conrad Josiah Tongogara, who was the first son to the late national hero and Zanla Commander, General Josiah Magama Tongogara.
- businessweekly
- November 2, 2022
- 68 views
Migrating to VFEX to help National Foods raise capital
Enacy Mapakame National Foods Holdings Limited has announced plans to migrate to the Victoria Falls Stock Exchange (VFEX) in a move that will help the group raise capital in…
National Foods revenue jumps to $128bn
Enacy Mapakame Business Reporter Food processing giant National Foods Holdings Limited’s revenue for the year to June 30, 2022, rose 33 percent to $128,4 billion compared to the previous year, spurred…