Business

Toronto Stock Exchange (TSX) listed Caledonia Mining, the parent firm of Blanket Gold Mine in Zimbabwe has postponed declaration of its second quarterly dividend over uncertainty in the business environment due to the outbreak of Covid-19,…
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Hotelier Cresta Hotel has temporarily closed down its hotels across the country as the Covid-19 pandemic continues to spread and affect key economic sectors such as tourism.
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Small to medium enterprises (SMEs) in Beitbridge are feeling the heat as a result of the national lockdown meant to manage the spread of the deadly Covid-19 pandemic.
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Resources group – Caledonia Mining Corporation’s local unit, Blanket Gold Mine remains in partial operation as it awaits response from Government on its application for an exemption .
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Bread manufacturer, Baker’s Inn, says it has reduced supply of bread onto the market due to depressed demand following the 21-day national lockdown period.
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The National Railways of Zimbabwe (NRZ) freight operations and health services have been declared essential services during the 21-day national lockdown period to slow down the spread of Covid-19.
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The Reserve Bank of Zimbabwe (RBZ) has suspended the 30-day foreign currency balance liquidation requirement for exporters as well as its attendant penalty system so as to minimise the impact of Covid-19 (coronavirus) outbreak on the…
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Olivine Industries Ltd, a local unit of Wilmar International, has secured a US$8,25 million loan from the African Development Bank (AfDB) to build two plants in line with the company’s drive to expand its food portfolio with new products.
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Coal mining companies are exempted from the 21-day Covid-19 national lock-down which starts today, since their operations relate to generation of electricity.
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Zimbabwe’s largest beverages maker, Delta Corporation, says it has not scaled-down operations but supplies would likely go down after Government announced a total lockdown starting today in light of the Covid-19.
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