Daily Newsletter

Shareholders approve National Foods’ voluntary delisting from VFEX

Business Reporter SHAREHOLDERS of National Foods Limited voted on Wednesday to voluntarily delist from the Victoria Falls Stock Exchange (VFEX). The special resolution was passed during an extraordinary meeting. The…

Lawyers want Appleโ€™s supply chain verified

International lawyers for the Democratic Republic of Congo welcomed Appleโ€™s decision to stop sourcing minerals from there due to worsening conflict, but said they would press ahead with their cases…

Govt, Invictus product sharing deal complete

Business Reporter INVICTUS Energy, the Australian firm exploring oil and gas in northern Zimbabwe, says its legal counsel has completed the independent review of the petroleum product sharing agreement (PPSA)…

Tourist numbers surge

Sikhulekelani Moyo, [email protected] THE number of visitors and diasporans returning to Zimbabwe has surged, with many eager to explore the countryโ€™s tourist attractions and contribute to its economic development.  This…

Mukuru licensed to conduct deposit-taking microfinance business

Senior Business Writerย  MUKURU Financial Services Zimbabwe Limited, recently licensed as a deposit-taking microfinance institution (DTMFI), has expressed excitement over the opportunity to expand its mission of promoting financial inclusion…

US$7,81 million worth of trades settled through VFEX depository

Sikhulekelani Moyo, [email protected]ย  THE Securities and Exchange Commission of Zimbabwe (SecZim) has said a total of US$7,8 million worth of trades were settled through depository during the 2024 third quarter.…

Powerspeed full-year profit up 13pc

Business Reporter Powerspeed Limited recorded a 13,15 percent surge in profit to US$4,3 million for the year to September 30, 2024, reflecting robust performance despite economic challenges during the year…

CTC wins Supreme Court case against Innscor

Tapiwanashe Mangwiro Senior Business Reporter THE Supreme Court has granted the Competition and Tariff Commission (CTC) its appeal against a High Court judgment endorsing the merger between Innscor Africa Limited…

โ€˜Chinese firms to keep on investing in Zimโ€™

Oliver Kazunga Senior Business Reporter CHINESE firms will continue to invest in Zimbabweโ€™s diverse economic sectors and undertake Corporate Social Responsibility (CSR) initiatives in communities they operate from to foster…

Zim moves to eliminate mercury in gold mining

Oliver Kazunga Senior Business Reporter ZIMBABWE, in collaboration with its international partners, has launched a US$23,7 million five-year project to reduce the use of mercury in artisanal and small-scale gold…

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