Meikles Limited has reopened discussions to sell its remaining hospitality asset, the Victoria Falls Hotel business, marking a dramatic reversal of a decision announced just months ago. The proposed transaction could have a material impact on the company's share value.
Strive Masiyiwa has revealed how he was publicly mocked during the early years of his fight to launch a mobile telecommunications company in Zimbabwe. The Econet founder says perseverance, faith and ignoring social media comparisons were key to overcoming adversity.
WestProp Holdings has installed a one-megawatt solar plant at Millennium Heights, powering apartments, enhancing security systems and advancing its vision of creating sustainable, grid-independent communities.
Zimbabwe has introduced new regulations banning harmful levels of lead in paint and coating materials, a move authorities say will protect children and vulnerable groups from serious health risks associated with lead exposure.
OK Zimbabwe Limited has suspended salaries and wages for employees with immediate effect as the supermarket chain intensifies efforts to stabilise operations under corporate rescue proceedings.
Invictus Energy has halted trading in its securities pending a major update on a petroleum production sharing agreement linked to Zimbabwe’s Cabora Bassa gas project.
A minority shareholder in RioZim Limited has publicly backed a court application seeking to place the mining group under corporate rescue, arguing that years of governance failures, mounting debt and operational decline have destroyed shareholder value and threatened the company’s survival.
Leaked internal documents, worker petitions and formal complaints reviewed by Nehanda Radio have raised questions about governance practices, labour relations and procurement procedures at ZESA Enterprises (ZENT), amid allegations involving senior management officials.
Kavango Resources plc is increasing Zimbabwean pension fund participation in the company through a new share issuance as it continues efforts to finalise its acquisition of the Nara Gold Project.
Two former employees of Zimplats have approached the High Court seeking an order compelling the company to release disciplinary hearing records they say are essential for challenging their dismissals before the Labour Court.