In a move that underscores the dire state of Zimbabwe's economy, Triangle Limited, a leading sugar producer, has announced a phased retrenchment of its workforce due to severe economic challenges facing the southern African country.
HARARE - The proposed acquisition of a 51.43% stake in Nampak Zimbabwe Limited by TSL Limited has encountered delays due to regulatory approvals, according to a cautionary announcement issued by Nampak Zimbabwe.
Helcraw Electrical, a company with a checkered history, has been awarded a contract as part of a new agreement between the Ministry of Local Government and Public Works, Harare City Council, and private players.
The year 2025 promises exciting developments and offerings at WestProp Holdings across all its construction sites. At Pomona City less than 20 stand-alone residential plots remain ahead of the construction of apartment blocks at the live, work, shop and play themed US$4 billion estate.
London Stock Exchange listed Contango Holdings PLC, a company focused on developing the Muchesu coal project in Zimbabwe, has announced that it has received its first royalty payment of US$200,000. The company expects to receive an additional US$800,000 this month, bringing the total royalty receipts to US$1 million.
Zimbabwe Stock Exchange listed leading cement producer, Khayah Cement Limited, formerly Lafarge Cement Zimbabwe, has voluntarily placed itself under corporate rescue due to crippling government policies and unforeseen operational challenges.
The live, work, shop and play customer-centric Westprop Holdings is offering its residential property customers at Pomona City an opportunity of a lifetime to pay 50 percent deposit for their brick requirements and enjoy a two-year instalment payment.
Mukuru Financial Services Zimbabwe Limited has been granted a license to operate a microfinance business in Zimbabwe, the central bank announced in a public notice on Wednesday.
Zimbabwe Stock Exchange listed Amalgamated Regional Trading (ART) Holdings, the parent company of Eversharp, a leading manufacturer of stationery products in the region, has highlighted the challenges faced by the company in the region including shortage of foreign currency.
