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,…

Old Mutual Top Ten ETF registers first loss

Tapiwanashe Mangwiro Old Mutual Top Ten ETF (the Fund), experienced a tough year in 2022 as it closed the financial year with its first ever net loss. The Fund recorded…

Loan facility unveiled for foundry companies

Business Writer The Industrial Development Corporation of Zimbabwe (IDCZ) has come up with a loan facility for foundry companies in a bid to revive the sector.  Recently, the IDCZ invited…

Media implored to unearth mal-practice in private, public sectors 

Enacy Mapakame recently in Accra – Ghana The media have been challenged to take a leading role in unearthing mal-practice in public offices, enhance debt accountability and public finance management…

Reserve Bank’s new entity for protecting bank customer’s deposits established

Compiled by Karl Gernetzky News24.co.zw The South African Reserve Bank has established SA’s first deposit insurance body, the Corporation for Deposit Insurance (CODI), to help protect bank depositors as well…

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