Varun thinks big . . . to expand, diversify into potato chips, dairy
Golden Sibanda Indian beverages maker Varun plans to triple its investment in Zimbabwe to US$150 million in the next three years to meet growing demand for its products and diversify…
Brainworks slides into the black?
Tawanda Musarurwa Zimbabwe-focused leisure and property firm Brainworks expects to post a profit for the year to December 30, 2018 as it waits to release a delayed set of financials…
Proplastics factory upgrade to boost production
Kudakwashe Mhundwa and Michael Tome Proplastics’ latest factory upgrade will see the listed pipe-maker increasing production capacity by at least 99 percent to 32 000 tonnes per annum from the…
Are sales incentives only motivator?
Robert Gonye We can all agree: Money changes the way we act. It’s arguably one of the greatest motivators. In fact money amplifies who you are and gives you voting…
Nigerian investors lose over N40bn in first quarter
Nigerian equities closed the first quarter with net capital depreciation of N49 billion, a sharp reversal from the bullish trading that saw equities with net capital gain of N1,38 trillion in first quarter of 2018, Naija News understands.
Re-industrialisation hinges on infrastructure growth
Clive Mphambela Zimbabwe GDP growth since the mid 1950s has been fraught with many challenges and largely characterised by extreme volatility. From around 1955, when the Kariba Dam project was…
ZITF increases exhibition space
Business Writer The Zimbabwe International Trade Fair (ZITF) Company has increased exhibition space for this year’s showcase to 50 380 square metres from 49 307 square metres in 2018 in…
Did you know?… History of the ‘Golden’ leaf board TIMB
Fradreck Gorwe The history of the present day Tobacco Industry and Marketing Board (TIMB) and the golden leaf itself is in remote antiquity with precolonial times when farmers grew a…
Old Mutual braces for Cyclone Idai claims… Group has quite a number of customers in the area
Financial services group, Old Mutual Zimbabwe anticipates an escalation in insurance claims emanating from the recently vicious Cyclone Idai that battered South Eastern parts of the country mid-March. The devastating incident affected varied economic sectors in Manicaland forcing big corporates and small to medium enterprises to close shop or downscale operations.
Global economy has lost momentum: Lagarde
Global growth has lost momentum since the start of the year, leaving the world economy in a “precarious” position, IMF managing director Christine Lagarde said. The global economy has weakened…











