Business

The government has appointed a new board for the country’s largest pharmaceutical company, CAPS (Pvt) Ltd, led by Mr Nyaradzai Matondo.
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Listed clothing retailer, Truworths Zimbabwe’s earnings for the year to July 2020, took a dip due to Covid-19 induced restrictions to trade.
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Listed financial technology firm Cassava Smartech’s revenues for the four months to February 2020, jumped 318 percent to $4,6 billion from $1,1 billion in the prior comparable period.
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By Munyaradzi Musiiwa Shabanie Mashava Mine (SMM) workers, who are owed more than US$2,8 million by the asbestos mining company, have approached the Zimbabwe Anti-Corruption Commission (Zacc) to investigate its administrator and top…
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Uber on Thursday reported that it lost $1.1 billion in the recently ended quarter as the pandemic walloped its ride-hailing business, while boosting its food delivery service.
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Depositors are in panic mode after some banks issued notices informing them to brace for the two percent Intermediated Money Transfer Tax (IMTT) deductions, which are backdated to August 2020.
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National Foods Limited (Natfoods) is projected to maintain a growth trajectory in the financial year 2021 supported by its strong business which is anchored on staples.
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Government has dissolved the National Social Security Authority (Nssa) board with immediate effect as part of a restructuring exercise aimed at re-aligning the organisation’s mandate with the national development agenda.
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Many betting shops in Harare are transacting in foreign currency, but issuing all receipts in Zimbabwe dollars, which is legally a tax fraud.
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Food and dairy products processor, Dairibord Holdings Limited, says sales volumes for the third quarter to September 30, 2020 significantly improved registering a 32 percent growth on previous quarter as the lockdown restrictions eased.
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