Ciders drive Afdis volumes in Q1
Tapiwanashe Mangwiro Listed spirits and ciders manufacturer, Afdis, has seen volumes grow in the first quarter of 2024 ending June 30, 2023 driven by the ready-to-drink segment. Afdis company secretary,…
Unki records 2 percent increase in production
Enacy Mapakame Total platinum group of metals (PGM) production at Unki Mine for the half year to June 30, 2023 rose by a marginal 2 percent to 121,500 ounces compared…
Business Weekly steps up preps for Capital Markets High School Quiz
Business Writer Preparations are in the final stages for the Capital Markets High School Quiz Competitions with 20 schools having so far confirmed participation. Organised and hosted by Business Weekly in…
Chinese professor says youth jobless rate might have hit 46.5 pc
Reuters An unusually public claim by a Chinese professor that the country’s youth unemployment rate might have hit close to 50 percent in March has revived a debate about official…
VFEX projects a good second half of the year
Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) is projected to have a fruitful second half of the year and going forward aiding the country in attracting foreign direct investment…
Tetrad shareholders give nod to surrender bank licence
Business Writer Shareholders of Tetrad Investment Bank (TIB) have resolved to surrender the banking licence and transform the company into a property firm. They also resolved to block the company…
Zimbabwe not affected by Black Sea deal
Business Writer Ministry of Lands, Agriculture, Water, Fisheries and Rural Development has said the country is food secure and is not at risk of the collapsed Black Sea Grain Deal.…
Craft Properties gun for attainment of SDGs
Walter Nyamukondiwa Global innovators including construction and civil engineering guru, Professor Kudakwashe Taruberekera of Craft Properties, have attended the high level 2023 (Sustainable Development Goals) SDG Business Forum in New…
Premier African Minerals/Canmax head to Singapore for arbitration
Business Writer Premier African Minerals and Canmax Technologies dispute over the termination of the offtake and prepayment agreement may be headed for arbitration in Singapore if the two companies fail…
Zim draws-down US$857 million in SDRs
Business Writer Zimbabwe has drawdown US$857 million in Special Drawing Rights (SDR) from the International Monetary Fund (IMF), according to a schedule released by the Treasury. The money was part…











