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Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 247 | by Staff reporter
13 distressed Zimbabwe firms rescued
Testifying to its commitment to tangible deliverables aimed at transforming the livelihoods of the people, the Second Republic, under the stewardship of President Mnangagwa, has resuscitated 13 previo...Published: 11 May 2023 at 05:30hrs | 3 | by Staff reporter
Zimbabwe parliament built on private land
IN January we published a story saying part of the land on which Zimbabwe's new US$140 million Parliament and the planned US$60 billion ultra-modern Cyber City in Mt Hampden on the outskirts of the ca...Published: 20 Mar 2023 at 15:06hrs | 8 | by Staff reporter
CFI in deal to expand farmers' markets
CFI Holdings Limited has signed an agreement with the Federation of Young Farmers Clubs Zimbabwe (FYFCZ) to provide farmers with a market for their produce.The agreement is meant to reduce pos...Published: 04 Oct 2021 at 05:53hrs | 1 | by Staff reporter
CFI hails RBZ for stabilising Zimdollar
AGRO- industrial concern, CFI holdings has hailed the Reserve Bank of Zimbabwe (RBZ) for putting in place measures aimed at reinforcing the stability of the local currency which have seen a decelerati...Published: 25 Aug 2021 at 08:33hrs | 1 | by Staff reporter
Zanu PF attends to demolition of houses
ZANU PF national Political Commissar Victor Matemadanda yesterday continued with interactive meetings with Harare South residents where he received concerns regarding the regularisation of their stand...Published: 25 Nov 2020 at 04:41hrs | 1 | by Staff reporter
2 security guards up for murder
TWO security guards, employed by Bellevue Abattoirs, Consolidated Farming Investment (CFI), were yesterday charged with murder and attempted murder after opening fire on rowdy land invaders who had ov...Published: 06 Oct 2020 at 06:52hrs | 11 | by Staff reporter
Zanu-PF threatens violence overshooting dead of youth member
ZANU-PF youth league members have threatened to retaliate with violence after a colleague was shot dead while nine others were injured during an altercation Thursday with security personnel at a housi...Published: 03 Oct 2020 at 08:34hrs | 2 | by Staff reporter
Zanu-PF youth shot dead, nine injured
One Zanu-PF Youth League member died on the spot while nine others were injured with two battling for life at Sally Mugabe Central Hospital after they were shot by guards manning offices at a housing ...Published: 03 Oct 2020 at 08:18hrs | 2 | by Staff reporter
Mnangagwa's son-in-law quits Trust
Harare lawyer and President Mnangagwa's son-in-law, Gerald Mlotshwa, who quit his post as chairperson of the Sables Trust, has tipped his successor Itai Valerie Pasi to take the trust's fundraising ac...Published: 27 Jul 2019 at 17:25hrs | | by Staff reporter
Van Hoogstraten shakes CFI
Business tycoon Nicholas Van Hoogstraten through one of his investment vehicles, has moved to increase shareholding in Zimbabwe Stock Exchange (ZSE) suspended agro-industrial group CFI Holdings under ...Published: 31 Mar 2019 at 09:54hrs | 1 | by Staff reporter
Van Hoogstraten cleared of CFI insider trading
The Securities and Exchange Commission of Zimbabwe (SECZ) has cleared Nicholas van Hoogstraten's investment vehicle, Messina Investments (Private) Limited of insider trading involving shares in CFI ...Published: 09 Nov 2018 at 17:19hrs | 5 | by Staff reporter
Land barons' homes demolished
THERE was palpable fear in Harare's sprawling Glen View suburb after hundreds of riot police accompanied the Deputy Sheriff to evict notorious land baron Michael Mutandwa.Mutandwa, a losing Za...Published: 13 Sep 2018 at 06:34hrs | 4 | by Staff reporter
Violence sells out land baron
A SUSPECTED land baron accused of illegally parcelling out land belonging to diversified group, CFI Holdings in Harare's Glen View 7 suburb has been remanded in custody after an orgy of violence....Published: 11 Sep 2018 at 07:40hrs | 1 | by Staff reporter
Losing Zanu-PF candidate parcels out CFI land
Listed agro group CFI Holdings Limited (CFI)'s Harare South property has been seized by a Zanu-PF apparatchik who is parcelling out the land illegally at $30 for 300 square metres.CFI Holding ...Published: 21 Aug 2018 at 12:10hrs | 4 | by Staff reporter
Command Agriculture requires $1,3 billion
Zimbabwe's main agro-import substitution programme, commonly referred to as Command Agriculture, requires close to $1,3 billion to take off as the country steps up efforts to raise local production an...Published: 27 May 2018 at 10:08hrs | 10 | by Staff reporter
CFI shareholders squabbles continue unabated
Shareholder squabbles continued unabated at suspended Zimbabwe Stock Exchange entity CFI Holdings after proxies representing one of the major shareholders, Stalap Investments, walked out on a meeting ...Published: 14 Mar 2018 at 05:39hrs | 1 | by Staff reporter
Mnangagwa wants to strip Mugabe of his 14 farms and leave him with only one
President Emmerson Mnangagwa's administration wants to strip former President Robert Mugabe of his multiple farm properties which number 14.Mugabe reportedly owns up to 14 farms covering over ...Published: 05 Jan 2018 at 08:26hrs | 2 | by Staff Reporter
Mugabe's skeletons tumble out of the closet
FORMER president Robert Mugabe and his wife Grace are leasing out land they controversially seized from Interfresh Holdings Ltd's Mazoe citrus estate a few years ago to local businessman Hamish Rudlan...Published: 08 Dec 2017 at 09:10hrs | 1 | by Staff reporter
Zimbabwe is the hottest stock market of 2017
The Zimbabwe Industrial Index, which is the main index on the exchange that contains every company except for a handful of mining stocks, is up almost 64% on the year in USD terms. The next best stock...Published: 05 Sep 2017 at 17:57hrs | | by Staff writer
When Zanu-PF bigwigs divorce, gloves come off
The divorce industry in Zimbabwe is worth millions a year and mega-bucks settlements abound.And when stay-at-home mum Sibusisiwe Melody Marapira recently demanded custody of her three children...Published: 17 Apr 2017 at 11:19hrs | 2 | by Staff reporter
Victoria Foods closes branch in Gweru
Some 15 Victoria Foods employees based in Gweru were handed dismissal letters last week by their employer.It is understood that those dismissed include managers.According to one worker...Published: 11 Aug 2016 at 09:29hrs | | by Staff Reporter
Businessman up for fraud
Harare businessman Bernard Mahara Mutanga is before the courts for allegedly selling land belonging to CFI Holdings and swindling buyers of more than $20 000. He was released on $200 bail....Published: 24 Jun 2016 at 08:59hrs | 4 | by Staff reporter
Bogus estate agent granted bail
A Harare man who reportedly swindled home-seekers of over $20 000 after posing as an estate agent has been arrested. Bernard Mutanga (49) of 15 Hawkshead Drive, Borrowdale, Harare, yesterday appea...Published: 24 Jun 2016 at 06:46hrs | | by Talent Gore
A messy affair
CFI HOLDINGS, which was suspended from the Zimbabwe Stock Exchange on January 29, 2016, continues to flirt with controversy following revelations by its second-largest shareholder, Mr Nicholas van Hoo...Published: 07 Feb 2016 at 07:52hrs | 2 | by Enacy Mapakame
CFI Holdings loses $18.7m
A Budiriro man, William Tsakatsa, yesterday appeared at the Harare Magistrates' Court charged with swindling CFI Holdings Limited of $18,7 million after selling the company's stands to prospective...Published: 27 Aug 2015 at 07:13hrs | 8 | by Staff reporter
Violence rocks Harare South
Harare South was yesterday rocked by violence as Ushewokunze Housing Cooperative members, all of whom are Zanu-PF supporters, clashed over how to compensate CFI Holdings for the land on which the ...Published: 01 Apr 2015 at 07:10hrs | 2 | by Staff reporter
Mugabe's economic promises hollow
ALMOST 18 months after Zanu-PF won general elections tainted by rigging allegations, a steep economic decline characterised by, among others, the debilitating liquidity crunch, declining capacity util...Published: 09 Jan 2015 at 12:25hrs | 1 | by Kudzai Kuwaza
Court stops compulsory acquisition of Crest Breeders' land
The Labour Court has stopped the government from compulsorily acquiring over 1000 hectares of land belonging to Crest Breeders International.In a judgement handed down by Labour Court Presiden...Published: 18 Nov 2013 at 16:56hrs | 16 | by Staff reporter
Mawere, Zim govt headed for showdown over mines
South Africa-based Zimbabwe businessman Mutumwa Mawere is headed for a slowdown with the government following his recent application at the Constitutional Court (Concourt) to repossess his businesses...Published: 28 Oct 2013 at 02:45hrs | | by Staff reporter
Mutumwa Mawere intensifies fight for his companies
SOUTH AFRICA-BASED Zimbabwean business tycoon Mutumwa Mawere has filed an application at the Constitutional Court (ConCourt) seeking to repossess several of his businesses, including Shabanie-Mashava...Published: 24 Oct 2013 at 05:16hrs | | by Staff reporter
Innscor targets 1 million loaves per day
Innscor, through its subsidiary, Bakers Inn, is targeting bread production capacity of 1 million loaves a day by 2015, group chief executive John Koumides has said. He said this after the co...Published: 07 Jun 2013 at 10:06hrs | | by Business reporter
Another company loses land to the Z‫imbabwean govt
LISTED agricultural concern CFI Holdings unit is set to lose 1 057 hectares of its land to government which has showed interest in the piece of land situated in Saturday Retreat Estate south of the c...Published: 24 Apr 2013 at 08:06hrs | | by Business Reporter
Government lists Glenara Estates for its land redistribution programme
Government has listed Glenara Estates, a productive farm owned by listed agricultural concern CFI, for its land redistribution programme. The prime 2 200 hectare farm, just 20km on the o...Published: 24 Feb 2012 at 07:24hrs | | by Staff reporter
Zimbabwe Monetary Policy Statement – January 2012
The Reserve Bank of Zimbabwe (RBZ) yesterday released the January 2012 Monetary Policy Statement. The RBZ notes that despite the lack of a lender of last resort, illiquidity in the market, limited lin...Published: 01 Feb 2012 at 08:31hrs | 1 | by Business reporter
CFI Holdings Limited - Cautionary Statement
CFI Holdings Limited directors are advising shareholders to exercise caution in trading their shares as the company is currently engaged in discussions that may impact the value of the company's share...Published: 23 Jan 2012 at 06:32hrs | | by Ndou Paul
OK dominates as Zimbabwe's preferred retailer
Zimbabwe's retail super-brand winner 2010, supermarket franchise Spar, and TM Supermarkets, the biggest supermarket by outlets, trailed rival OK Supermarkets as the most preferred outl...Published: 21 Feb 2011 at 06:03hrs | | by Byo24News
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