ZimAlloys, Balasore deal collapses

Martin Kadzere The proposed acquisition of ZimAlloys’ 70 percent shareholding by Balasore Alloys of India is hanging in the balance amid revelations that the Bombay Stock Exchange listed company

Car imports drop in 2017

Livingstone Marufu Zimbabwe’s second hand car imports dropped by 10 percent to around 35 000 in 2017 due to biting cash shortages and increased customs duty. In 2016, Zimbabweans imported 42

Truworths returns to profitability

Kudzanai Sharara A reduction in mark down activities saw Truworths Limited return to profitability for the 26 weeks to 7 January 2018. The group reported a profit for the period of…

Impact of SA’s listeria outbreak on meat market

The effect of last week’s ban on the importation of cold meats from South Africa and other countries by Government after the outbreak of listeria is yet to be ascertained…

Mega tourism park for Victoria Falls

 Martin Kadzere and Tinashe Makichi Mosi Oa-Tunya Development Company, a joint venture between the Ministry of Tourism and Hospitality Industry and the Infrastructure Development Bank of Zimbabwe intends to

SecZim mulls derivatives, REITS

Tawanda Musarurwa Capital markets regulator, the Securities Exchange Commission of Zimbabwe (SecZim) is working to diversify local securities trading through the introduction of derivatives and real

ZTE Insukamini solar project in funding limbo

Tinashe Makichi Failure by Government to clear arrears to China Export and Credit Insurance Corporation (Sinosure) is scuttling funding for the 100 megawatt Insukamini solar project in Bulawayo. 

LafargeHolcim Cement in lime mining wrangle

Munashe Matambo The High Court has granted an interdict against LafargeHolcim Cement Zimbabwe barring the company from mining lime on a piece of land in Pfura Rural District in Mashonaland

ZCDC needs to be seen to be honest and competent

Zimbabwe’s diamond industry is starting to come right, but the Zimbabwe Consolidated Diamond Company not only has to get things right, and get them right fast, but also show

Confined in theory, Africa’s reality remains dim

Chris Chenga There have been many seasons in which Africa’s economic moment has been promised. Readings across economic publications show that Africa’s moment has been predicted to

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