Fossil readies to take charge of Lafarge in Q4
Newsday FOSSIL Mines (Private) Limited will move to take charge at Lafarge Cement Zimbabwe during the fourth quarter (Q4) after finalising a takeover deal announced...
PPC downbeat as inflation shakes Zim
Newsday JOHANNESBURG Stock Exchange (JSE)-listed Pan African cement maker, PPC has said its earnings per share (EPS) from the Zimbabwean operations would be undermined by...
OK flags ‘excessive’ tax regime
Newsday RETAIL giant, OK Zimbabwe yesterday said increased tax-related costs are threatening its profitability. OK said inflation adjusted profit after tax for the year ended...
ZACC raid finds 100 bales of smuggled clothes worth US$30 000; suspect escapes
New Zimbabwe The Zimbabwe Anti-Corruption Commission (ZACC) has confiscated 107 bales of smuggled second hand clothes estimated over US$30,000. The seizure was carried out in...
MPs grill Perm Sec over two-year delay on Mines and Minerals Amendment Bill
Newsday MINES ministry permanent secretary, Onesimo Mazai Moyo, was Monday grilled by legislators over delays in re-tabling the Mines and Minerals Amendment Bill. Moyo told...
Backlash over Chinese loans
Newsday ZIMBABWE’S debt-stricken administration last year struggled to access fresh loans to scale up ambitious plans to revamp key infrastructure projects after accumulating significant arrears...
Morgan & Co tips Zim fashion counters
Newsday ONE of Zimbabwe’s leading advisory firms says significant opportunities have emerged in listed fashion counters as consumers troop back to work post-pandemic lockdowns. With...
Retailers call for co-ordinated approach
Newsday THE government needs to work with business to improve the operating environment, according to Confederation of Zimbabwe Retailers (CZR) president, Denford Mutashu. Mutashu, whose...
Dinde coalfields trigger fresh uproar…as Chinese miner faces angry community
Newsday A LEADING resources campaigner has piled fresh pressure on government to cancel a big coal mining project in Hwange, saying Zimbabwe must swing towards...
Local investors dominate Chengetedzai platform
Newsday LOCAL investors continue to dominate accounts opening on the Chengetedzai Securities Depository (CSD) platform, the firm said. It said 94,98% of new accounts that...