Simbisa to open 49 stores in six months

Tapiwanashe Mangwiro The Victoria Falls Stock Exchange listed fast foods retailer, Simbisa in its half year results, says it will open 49 stores by the close of its financial year…

TNF operationalization stalls due to leadership crisis

Business Writer  The operationalisation of the Tripartite Negotiating Forum (TNF) secretariat is stalled due to delays in the appointment of the executive secretary to lead the forum.  The TNF, a…

Govt blacklists 13 contractors

Business Writer/NewZiana Finance and Economic Development Minister, Mthuli Ncube, this week announced that the government blacklisted 13 contractors for channelling funds to the illegal foreign exchange market as it steps…

Oil prices surge 6pc on shock output cuts

news24.com World oil prices soared Monday after several top producers led by Saudi Arabia sprang surprise output cuts despite already angering the United States with a similar move last year.…

Caledonia declares dividend, gives resource update

Tapiwanashe Mangwiro  Mining concern, Caledonia Mining Corporation, has announced a quarterly dividend of 14 US cents on each of the company’s shares. The dividend will be paid to shareholders on…

Zimre reports impressive set of results

Business Writer Insurance giant, Zimre Holdings Limited (ZHL), has reported positive financial results for the year ended 31 December 2022, despite challenging operating conditions in its jurisdictions. The group’s total…

Zim starts shisha tobacco production

Business Writer The Tobacco Industry and Marketing Board (TIMB), has licensed Cavendish Lloyd Tobacco to start shisha tobacco production in Zimbabwe. Shisha is a type of combustible tobacco that has…

Anglo American partners Sweden’s H2 Green Steel to advance low-carbon steelmaking

News24.com Global mining giant, Anglo American, said on Tuesday it has signed a memorandum of understanding with Swedish hydrogen and steel producer H2 Green Steel in order to work together…

Schiphol bans night flights to cut noise, pollution

Bloomberg Schiphol Airport, a key European transfer hub, plans to stop late night flights and ban private jets to reduce noise and lower CO2 emissions. Aircraft will no longer take…

NMBZ in strong financial footing

Business Writer   Financial services group, NMBZ Holdings Limited, has reported strong financial performance for the year to December 2022, with operating income almost doubling to $42 billion from $23,9 billion,…

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