African Sun joins anti-poaching scheme

Tapiwanashe Mangwiro Zimbabwe’s leading hotel investment company, African Sun Limited, has donated US$21 000 to support the efforts of the Victoria Falls Anti-Poaching Unit (VFPAU), a local organisation that is…

Stanbic donates sanitary materials to Shamva girls

Business Writer Stanbic Bank has donated 1 600 reusable sanitary pads and 800 undergarments to 400 girls at Nyava Secondary School in Mashambanhaka, Shamva District. Each of the 400 girls…

Mash Holdings’ US$15 million property to change Pomona

Business Writer Property firm, Mashonaland Holdings, is developing an upmarket structure in Pomona at a cost of US15 million that will deliver 14 000 square meters of latteable space in…

Meikles declares US0.8 cents final dividend

Tapiwanashe Mangwiro Listed diversified entity, Meikles Limited, announced a final dividend of US0.8 cents for the year ending February 28, 2023. In a dividend announcement, company secretary Thabani Mpofu said:…

Tanganda revenue jumps 70 percent

Business Writer Tanganda Tea Company’s half-year revenue jumped 70 percent to $10.97 billion compared to $6.46 billion prior year despite reduced sales and production volumes. The company remains the largest…

Nampak divisions’ half year volumes mixed

Business Writer Listed packaging materials manufacturer, Nampak Zimbabwe, saw its divisions post mixed volumes numbers in the half year to March 31, 2023. Two of the company’s three divisions posted…

Deeds Principal examiner nabbed

Zvikomborero Parafini  THE Council for Legal Education saga rages on with the principal examiner at the Deeds Office being hauled to court charged with fraud. He allegedly registered as a…

FOUR YEARS FOR EXTORTING CHINESE BUSINESSMAN

Zvikomborero Parafini  A MAN, who claimed to be an intelligence officer, has been sentenced to four years in prison for extorting a Chinese businessman. Patrick Badza was convicted after a…

Joy for farmers as ZMX maize auction price jumps 9,6pc

Business Writer THE price of a tonne of maize on the newly introduced maize commodities auction system run by the Zimbabwe Mercantile Exchange (ZMX), rose by 9,6 percent to US$285…

Zimplow new business unit gains traction

Enacy Mapakame Farmec, Zimplow tractor division Zimplow Holdings Limited’s new business units are already gaining traction in new and existing markets, as the company aggressively pursues expansion to offset the challenges…

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