Nestle cautions on margins despite boost
Herald ZURICH. — Nestle said yesterday input cost inflation would slightly squeeze margins this year even as strong demand for coffee boosted organic sales in...
New Hwange private thermal power station commissioning by October
Chronicle ENERGY company, Zimbabwe Zhongxin Electric Company (ZZEC), is set to commission its 50-megawatt thermal power plant in Hwange in October, the country’s first coal...
Diaspora remittances hit US$746,9m
Herald Zimbabwe’s Diaspora remittances have risen significantly to U$746,9 million in the first six months of the year, up from US$288,7 million over the prior...
Carole Nyakudya: My vision is to make positive impact in sub-Saharan Africa
Chronicle UNITED Kingdom-based Zimbabwean-born entrepreneur and founder of Lorac Healthcare, Carole Nyakudya, has been nominated “Female Entrepreneur of the Year” by the Zim Achievers Awards...
FBC hands pension fund $19,6m dividend
Herald FBC Holdings on Wednesday handed the remodelled Public Service Pension Fund a $19,6 million dividend following the latter’s recent investment in the financial services...
Budget review: Mat North biggest winner
Chronicle GOVERNMENT continues to drive the development of Matabeleland with the Mid-Term Budget Review Statement presented yesterday in Parliament by Finance and Economic Development Minister,...
Zim-bound EVs bid to raise US$250m for expansion drive
Herald A South African based electric vehicles (EVs) manufacturing company, Agilitee Africa that has set its sight on the Zimbabwean market is in negotiations with...
Japan proposes adding four regions to COVID-19 emergency – Minister
Reuters Japan’s government on Friday proposed states of emergency through August 31 in three prefectures near Olympic host city Tokyo and the western prefecture of...
Thailand bans “false messages” amid criticism of handling of coronavirus
Reuters Thailand banned on Friday the dissemination of “false messages” that affect security, drawing accusations from media groups that it is trying to crack down...
Nigeria probes top police officer over FBI charge
BBC The Nigerian police say they have received ‘ ’allegation and indictment processes’’ from the US Federal Bureau of Investigation (FBI) against a senior police...