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Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3809 | by Staff reporter
Supreme Court tosses out ex-St John's College paedophile coach's appeal
THE Supreme Court has thrown out an appeal against conviction and sentence by a paedophile who used to work at St Johns School in Harare who was jailed for sexually abusing four teenage boys who were ...Published: 13 Mar 2024 at 16:03hrs | 8 | by Staff reporter
Police raid illegal alcohol warehouse
THE police have vowed to bring to book the supply network of Bulawayo businesses and beyond that are linked to the warehouse where US$110 000 worth of suspected smuggled alcohol consignment was seized...Published: 23 Jan 2023 at 05:45hrs | | by Staff reporter
Bulawayo police smash illicit alcohol syndicate
Police yesterday cut off a njengu distribution network in Bulawayo in what is arguably the city's biggest illicit alcohol bust in recent years.They seized two truckloads of the outlawed booze ...Published: 17 Dec 2022 at 12:08hrs | 1 | by Staff reporter
Lager beer production seen up 11%
DELTA Beverages says its lager beer portfolio is performing ahead of prior year, with a target to produce more than two million hectolitres this year, up 11% compared to prior year.Last year, ...Published: 04 Aug 2022 at 06:43hrs | | by Staff reporter
Multi-million dollar whistleblowing corruption scandal rocks Zimra
MASSIVE corruption - which has dragged on for years - is rocking the Zimbabwe Revenue Authority (Zimra)'s multi-million-dollar whistle-blower fund which the tax collector's senior officials are lootin...Published: 26 May 2021 at 16:23hrs | 3 | by Staff reporter
Delta lager volumes up 48%
Delta Corporation reported a buoyant Christmas quarter with the key lager beer volumes rising 48% against the comparable year ago period, due to positives arising from the payment of end of year bonus...Published: 20 Jan 2021 at 17:38hrs | | by Staff reporter
Forex duty for raw materials suspended
Government has exempted 12 food and beverages companies from paying duty in foreign currency when importing certain raw materials quantities necessary for their production processes. Also on t...Published: 13 Aug 2019 at 07:09hrs | | by Staff reporter
Our journalists must up their game
Many have asked me why our media is as bad as it is today. It is not a question that can be answered with one magic sentence. It is true that we have a crisis in journalism; today's reporters ...Published: 31 Dec 2018 at 17:00hrs | | by Hopewell Chin'ono
Delta to complete Natbrew Zambia acquisition next year
DELTA Corporation Limited says the transaction for the acquisition of National Brewery Zambia (Natbrew) is expected to be completed by March next year as the beverages maker consolidates its position ...Published: 10 Nov 2017 at 04:45hrs | | by Staff reporter
Dairibord scoops CZI company of the Year award again
Dairibord Zimbabwe scooped the Confederation of Zimbabwe Industries Company of the Year award for the second year running. The Zimbabwe Stock Exchange-listed group beat fellow listed companies...Published: 01 Aug 2016 at 07:48hrs | | by Business Reporter
Bulawayo DJ wins Harare house
A Bulawayo-born wheel-spinner, Dag Sago - real name Brigton Ndlovu - is now a proud owner of a house in Harare, thanks to African Distillers (AFDIS).The DJ, who claims to be very popular i...Published: 17 Jul 2016 at 14:43hrs | | by Staff reporter
Zimbabwe approves SABMiller, AB InBev merger with conditions
Zimbabwe has given the green-light to SABMiller's merger deal with AB InBev, but has set conditions such as maintaining farmers' contracts and maintenance of production of local brands. ...Published: 05 Jul 2016 at 12:13hrs | | by Staff reporter
Delta, Econet in top 250 African companies
LISTED Zimbabwean heavyweights Delta Corporation and Econet Wireless Zimbabwe continue to be the only two local firms making the Top 250 African companies list.The list which is published annu...Published: 08 Jun 2016 at 07:16hrs | | by Staff reporter
Houses up for grabs for Harare 'Whisky' drinkers
AFRICAN Distillers Limited (AFDIS), Zimbabwe's largest spirits, ciders and wine manufacturing company has launched a nationwide promotion in which consumers will win three houses in Harare as a way of...Published: 21 Apr 2016 at 05:12hrs | | by Business Reporter
Zimbabweans love Mazda, OK and TelOne - survey
Zimbabweans show that when it comes to price-quality ratio, companies and brands ranging from Mazda, OK and TelOne to Nestlé, Delta and CABS have come out on top in their respective categories in the...Published: 10 Sep 2015 at 08:33hrs | 14 | by Staff reporter
Unrealistic wage expectations hinder economy
WHILE Zimbabwe continues to benefit from negative inflation, unrealistic wage expectations continue to hinder the nation's economy, FBC Holdings chairman Herbert Nkala said at the launch of the 2015 ...Published: 28 May 2015 at 07:13hrs | | by Staff reporter
TM & Pick Pay launch million dollar promotion
Meikles Limited retail arm, TM Supermarkets has launched a promotion worth over $1 million as the supermarket chain seeks to grow revenues and position in the retail sector. The promotion dub...Published: 19 Jul 2014 at 07:28hrs | | by Staff reporter
Local beer shortages loom
Delta Beverages Limited has written to the minister of Labour and Social Welfare, Nicholas Goche, pleading with government to stop a pending national strike in a fortnight that will cripple the coun...Published: 09 Jul 2014 at 08:19hrs | | by Staff reporter
Castle Lager Premier Soccer League Weekend Fixtures
(Matchday 6)Saturday May 3Bantu Rovers vs Chiredzi FC (Luveve), 1300How Mine vs Hwange (Luveve),...Published: 02 May 2014 at 10:20hrs | | by Staff Reporter
Black Mambas rebrands to ZRP FC
FORMER Premiership outfit Black Mambas have rebranded and are now called Zimbabwe Republic Police Football Club.The Northern Region Division One outfit, which was affectionately known as "Waru...Published: 05 Apr 2014 at 09:23hrs | | by Takudzwa Chitsiga
Industrials falters at half year end but still up 38.58% in the year
ZSE's Industrials ended the first half of 2013 in the red as the market's most capitalised counter Delta clocked 4 straight sessions trading in the red.The trading session was however highligh...Published: 28 Jun 2013 at 18:02hrs | | by Business reporter
ZSE: Industrials continues to slide on weak blue chips
Heavyweight counters on the ZSE remained weak on Wednesday and dragged the Industrials lower for the 6th straight session as the Constitutional Court was hearing election date extension application th...Published: 26 Jun 2013 at 17:38hrs | 2 | by Business reporter
BancABC settles $10 million debt after losing Supreme Court case
BancABC has settled the nearly $10 million (R86.98 million) owing to Mackie Diamonds after the banking group lost a Supreme Court case.Earlier in the day, property worth millions of dollars ha...Published: 13 Jun 2013 at 05:14hrs | 1 | by Financial Express
Industrials snap record rising streak in midweek trades
Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to ...Published: 12 Jun 2013 at 11:44hrs | | by Business reporter
Delta Corp in the process of complying with Indigenisation
Delta Corporation has said it is in the process of complying with the indigenisation policy and has since submitted its road map to the government.CE Pearson Govero told the Imara Investment C...Published: 04 Jun 2013 at 10:57hrs | | by financial express
CASE 2013 Handbook to be launched tonight
The launch of the 2013 edition of the CASE Handbook will take place tonight, with the sponsors FBC Holdings planning a glitzy function at which invited guests have the chance of winning two Business C...Published: 29 May 2013 at 09:05hrs | | by Business reporter
ZSE: Innscor snaps Industrials record setting run
Innscor was the only counter to trade lower on Monday and managed snap the mainstream Industrials' 3-day record setting run, closing a modest 0.15% off its all-time high of 212.08 but overall trading ...Published: 27 May 2013 at 11:45hrs | | by Business reporter
ZSE: Industrials advances to cap record week
ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded lo...Published: 24 May 2013 at 10:45hrs | | by Business reporter
ZSE shares hitting fresh highs as volumes remain depressed
ZSE's Industrials hit another fresh record on Thursday amid strong interest in selected counters but overall volumes remained thin.Volumes for most of the counters that have recorded significa...Published: 23 May 2013 at 12:57hrs | | by Business reporter
ZSE shares continues to rise as activity slows
ZSE shares advanced to fresh heights on Thursday steered by upbeat earnings from Delta and upcoming Econet finals but overall activity slowed with just 20 counters recording trades compared with 30 t...Published: 16 May 2013 at 11:26hrs | | by Business reporter
Premium products driving Delta's revenue growth
Delta's revenue and margins for the year ending 31 March 2013 were driven by premiumisation in lager beer and soft drinks and price correction in Chibuku, CEO Pearson Gowero told an analyst briefing ...Published: 16 May 2013 at 11:25hrs | | by Business reporter
ZSE shares slip back into the red as heavyweights falter
There were only 2 counters to trade in the positive in a Monday session where 14 counters traded lower while another 14 remained unchanged from previous levels resulting in the Industrials slipping ba...Published: 18 Mar 2013 at 10:25hrs | | by Business reporter
ZSE shares stutter at week's opening as Zimplow new shares commence trading
ZSE shares faltered in Monday morning trades as Zimplow Holdings new shares commenced trading on the ZSE.Zimplow Holdings shares added 1c to 4.5c on a v...Published: 11 Mar 2013 at 12:08hrs | 1 | by Business reporter
ZSE:- Blue chips help Industrials open new week firmer
Heavily capitalised counters Delta, Econet and Innscor extended gains on Monday to help the Industrials open new week in the positive.The Industrials Index...Published: 04 Mar 2013 at 11:14hrs | | by Business reporter
ZSE Market Report:- Innscor snaps Industrials' 3 day rising streak
There were only 3 counters to trade lower on Friday but Innscor's 5% fall managed to cancel out gains in 10 other counters including another heavyweight Econet, snapping the Industrials' 3 day rising ...Published: 22 Feb 2013 at 12:14hrs | | by Business reporter
Afdis reports a strong operating performance
Afdis reported a strong operating performance showing a 22% growth in sales volumes to 3.2m litres. Local production increased by 21% to 1.7 million litres and accounted for 62.9% of total revenue. Gr...Published: 12 Feb 2013 at 08:22hrs | | by Business reporter
ZSE:- Econet, Innscor snap Industrials extended rally on profit taking
ZSE's Industrials fell for the first time in 5 weeks on profit taking in heavly capitalised counters snapping its best rally since dollarisation.There were only 4 counters to trade lower but...Published: 06 Feb 2013 at 11:22hrs | | by Business reporter
Raunchy pole dancer Bev Sibanda now using Viceroy bottle
Raunchy dancer Beverly Sibanda has ...Published: 17 Jul 2012 at 16:44hrs | 3 | by Staff reporter
Zimbabwe offers great potential as a recovery play - Imara
With low activity still persisting on the market, an improved level of turnover was recorded during the week from US$ 4.9m to US$ 6.6m and thus the daily turnover breached the US$ 1.0m mark. A special...Published: 03 May 2012 at 07:03hrs | | by Imara Stockbrokers
Imara Edwards Securities Zimbabwe Stock Exchange weekly review
Yet another week characterised by subdued trading activity as the daily average value traded failed to breach the US$ 1.0m mark. The weekly turnover retreated to US$ 3.5 million from a spectacular am...Published: 19 Apr 2012 at 11:00hrs | | by Imara Edwards Securities
Closing Market Summaries – 28 July 2011
BOTSWANA – The DCI inched up 0.15% to 7,175.17 points. Market activity continued recovering as it rose more than tenfold with 1.72m shares val...Published: 30 Jul 2011 at 07:26hrs | | by Imara
Delta Beverages plans to pay an interim dividend
Delta Beverages, Zimbabwe's biggest company by market value, recorded a 42 percent increase in revenue in the first quarter as beverage volumes climbed. The company is also planning on paying an inte...Published: 31 Jul 2011 at 16:00hrs | | by Nare Msupatsila
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