Business

Platinum giant, Zimplats, recorded a net profit of US$261 839 for the financial year ended June 30, 2020, an 81 percent increase compared to the same period last year.
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Business tycoon Kenneth Sharpe has petitioned the High Court to reject a US$300 000 lawsuit filed against him by his one-time business partner over botched land development joint venture.
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The owner of popular video app TikTok said Sunday it will "strictly abide" by China's new export rules, which could potentially complicate a sale of the business as demanded by US President Donald Trump.
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United Kingdom based building materials supplier, “Vaka Building Materials and Hardware” has opened a back office in South Africa to help Zimbabweans there to build back home.
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Diversified listed concern, Meikles Limited, has reduced its legacy debt by 83 percent to US$2,23 million at the close of the financial year ended March 31, 2020 from US$13,3 million at the beginning of the year under review.
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Video app TikTok on Monday filed a lawsuit challenging the US government's crackdown on the popular Chinese-owned platform, which Washington accuses of being a national security threat.
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The Reserve Bank of Zimbabwe (RBZ), has extended by a year the deadline for local financial institutions to meet the new minimum capital requirements.
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Ecosure, a micro-insurance brand from Cassava Smartech, has unveiled a new product package called “EcoSure Pamwepo/Sisonke” in an effort to include churches and other social groups to have access to affordable insurance cover.
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South Africa's retail industry is feeling the pain from the coronavirus pandemic on two fronts -- store closures during lockdown and the sharply reduced purchasing power of households.
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The US Treasury placed two United Arab Emirates-based companies on its sanctions blacklist Wednesday for their support of already-sanctioned Iran's Mahan Air.
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