Archive | Business

ZSE tumbles on military action

Stocks fell 7,46% on Thursday a day after the country’s military announced it had detained President Robert Mugabe and arrested high-ranking government officials the army believes are responsible for corruption […]

Hwange set to re-open mine

HWANGE Colliery Company Limited says it will resume underground mining at one of its key mines next year and push monthly coal export volumes beyond the current 3 000 tonnes, businessdigest […]

ZSE raises US$5,4m on debt market

The Zimbabwe Stock Exchange (ZSE) says it has so far raised US$$5,4 million on the debt market since the re-establishment of the Fixed Income Board (FIB) in May this year.

Zimpost targets 10% increase in volumes

LOCAL postal services courier Zimpost says it is targeting a 10% increase in volumes and a US$320 000 rise in total turnover on its mobile platform Zipcash in 2018 driven by […]

ZCDC production levels tumble

FRESH invasions of Chiadzwa diamond fields by illegal miners have stalled operations of the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), resulting in the company failing to meet its monthly production […]

Fertiliser firms lose out as forex crisis deepens

ZIMBABWE’S fertiliser manufacturers have lost significant production time as they await foreign currency allocations from the central bank to import raw materials critical in their operations, an official has told […]

CFI deputy CE nailed

A disciplinary hearing into charges of corporate governance deficiencies at CFI Holdings found deputy chief executive Shingirayi Chibhanguza guilty of unilaterally, inventing a new cash collection system to pay amounts […]

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