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Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 303 | by Staff reporter
Zimbabwe electricity generation to increase monthend
Power cuts being experienced across the country are expected to ease by the end of this month when power generation will increase on the back of two units being brought back to the national grid....Published: 16 Nov 2023 at 05:03hrs | | by Staff reporter
Inadequate milk supplies worry Dairibord
MILK processing giant Dairibord Holdings Limited (DHL) this week raised concerns over a demand-supply gap in its products due to inadequate milk supply, giving rise to arbitrage opportunities....Published: 07 Jul 2023 at 07:52hrs | 8 | by Staff reporter
From Moondog Max to Arnold Zikhali, the storied lineage of Zimbabwe's 'strong men'
ON what had been a pretty ordinary and innocuous Tuesday afternoon, there was suddenly a flurry of activity around the corner of George Silundika and Sam Nujoma in Harare.Like bees attracted t...Published: 25 Jun 2023 at 09:35hrs | 5 | by Staff reporter
Zimbabwe finds formula to bust sanctions
ZIMBABWE and Belarus, two countries that are suffering under the yoke of illegal Western economic sanctions, have joined hands to remove the obstacles spawned by the punitive measures and uplift their...Published: 15 Jun 2023 at 06:42hrs | | by Staff reporter
Mushohwe declared national hero
Former Cabinet Minister Dr Christopher Mushohwe, who died yesterday after a long illness, has been declared a national hero.In a condolence message to the Mushowe family last night, President ...Published: 14 Feb 2023 at 05:20hrs | 3 | by Staff reporter
Maid arrested for kidnapping baby
Police in Bulawayo yesterday arrested a maid who had kidnapped her employer's 20-months-old son and drove off in their car.Kimberly Ncube (19) was employed by a family in Paddonhurst suburb an...Published: 02 Nov 2022 at 04:59hrs | | by Staff reporter
Zifa dangle Super 8 Cup sweetener
ZIFA Northern Region Soccer League and its sponsors have gone out of their way to woo spectators to the Axis Solutions Super 8 Cup final between Simba Bhora and Golden Eagles on October 22.Alt...Published: 12 Oct 2022 at 05:41hrs | | by Staff reporter
Anthony Mandiwanza finally retires
LONG-SERVING Dairibord Holdings chief executive officer, Mr Anthony Mandiwanza, is retiring after serving the company for 34 years, 24 of them at the helm.In a statement on Wednesday, Da...Published: 20 Jul 2022 at 18:19hrs | 19 | by Staff reporter
RBZ in dramatic U-turn on lending
THE central bank yesterday lifted its temporary suspension of lending services by banks after the policy triggered sustained protests from industry, commerce and the public in general.In a sta...Published: 18 May 2022 at 06:23hrs | 9 | by Staff reporter
Mugabe's empire is collapsing like a castle built on sand
What you need to know:‘Gucci Grace' will, however, still live comfortably for the rest of her life even if the businesses that her husband left her collapse, as post-coup law ensures that sh...Published: 13 May 2022 at 19:14hrs | 3 | by Staff reporter
Foreign banks troop to Zimbabwe forex auction
UNITED States-based multinational investment outfit JP Morgan was among global lenders that repatriated a combined US$30 million through the Reserve Bank of Zimbabwe (RBZ)'s forex auction system by th...Published: 13 May 2022 at 19:10hrs | | by Staff reporter
Gwinyai Chingoka dies
FORMER Zimbabwe Davis Cup tennis team player, Gwinyai Chingoka, has died.Chingoka, the son of the late former Tennis Zimbabwe president and ex-president of the Zimbabwe Olympic Committee, Paul...Published: 28 Jan 2022 at 05:55hrs | | by Staff reporter
Apostolic sect seeks to cash in on followers
AN apostolic sect is seeking business ventures with food manufacturers in a deal that would see some products bearing the logo of the religious group.In a letter to food companies dated Decemb...Published: 24 Dec 2021 at 07:30hrs | 9 | by Staff reporter
ESIDAKENI FARM SAGA: Plot against Obert Mpofu exposed
Obert Mpofu is a popular brand in Zimbabwean politics and media. Mpofu is a man who needs no introduction as he is a political heavyweight who has navigated his way through different political landsca...Published: 09 Nov 2021 at 09:54hrs | 7 | by Nicholas Ncube
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 8 | by Staff Reporter
Deal set to increase raw milk production
ZIMBABWE'S biggest dairy products manufacturer, Dairibord will only feel the impact of a grand cattle deal signed with platinum miner, Zimplats and Palmine after 12 months, analysts at IH Securities s...Published: 24 Sep 2021 at 09:43hrs | 1 | by Staff reporter
Dairbord to launch US$1,5m new plant
MILK processor, Dairibord Holdings, says it will commission a new US$1,5 million manufacturing plant in the second half of the current financial year. Zimbabwe's largest dairy processor, which...Published: 20 Sep 2021 at 07:09hrs | | by Staff reporter
Why I wrote Mnangagwa book
Former MDC politician Eddie Cross says he could not turn down an opportunity to write President Emmerson Mnangagwa's autobiography because he was impressed with his attitude.Cross (EC), the au...Published: 19 Sep 2021 at 08:34hrs | 1 | by Staff reporter
Dairibord, Dendairy merger crumbles
MULTI-MILLION-DOLLAR historic merger between the country's largest and second largest milk processor by market share Dairibord Holdings Limited, and Kweke-based Dendairy has crumbled, one of the parti...Published: 31 Aug 2021 at 06:14hrs | 1 | by Staff reporter
The MDC Alliance's warped view of democracy
Over a week ago, President Mnangagwa launched his biography, "A Life of Sacrifice". As expected, his detractors like journalist Hopewell Chin'ono and self-exiled G40 kingpin, Professor Jonathan ...Published: 16 Aug 2021 at 06:40hrs | 1 | by Nobleman Runyanga
Delta, Varun share beverages market
DELTA Corporation's market share in the non-alcoholic beverages market is facing serious threat from PepsiCo's Varun Beverages which has taken on an aggressive market penetration strategy, Morgan &...Published: 11 Aug 2021 at 06:32hrs | | by Staff reporter
More businesses benefit from RBZ forex auction system
THE Reserve Bank of Zimbabwe (RBZ) on Wednesday published a list of institutions and individuals that have accessed foreign currency from the auction system from June 2020 to April 2021. A tot...Published: 14 May 2021 at 08:23hrs | | by Staff Reporter
Ekusileni COVID-19 centre still closed a year on
BULAWAYO's Ekusileni Medical Centre is yet to admit COVID-19 patients a year after it was declared a coronavirus treatment centre, amid calls for strengthening of the health sector to effectively deal...Published: 05 May 2021 at 07:23hrs | | by Staff reporter
Dairibord-Dendairy merger talks still on
Dairibord Zimbabwe, the country's largest dairy processor, discussions with unlisted fellow industry player Dendairy over potential acquisition and merger of the two's operations. Market analy...Published: 12 Apr 2021 at 07:00hrs | | by Staff reporter
800 companies benefit from Foreign Currency Auction
Close to 800 companies have benefited from the weekly Foreign Currency Auction Trading System where a total of US$639,5 million has been allotted since the introduction of the platform in June last ye...Published: 25 Mar 2021 at 05:36hrs | | by Staff reporter
Catching up with Lovemore Majaivana
IT was quite refreshing to be able to speak to Lovemore Majaivana again after 13 years. False rumours had begun to do the rounds that he was dead.In 2008, we boarded the same flight from Harar...Published: 21 Mar 2021 at 08:32hrs | 9 | by Fred Zindi
Mnangagwa's associates under fire from the public over Chilonga land seizure
OUTRAGE is growing over government's plan to displace over 12 500 villagers in the Chilonga area of Chiredzi to accommodate President Emmerson Mnangagwa's cronies at Dendairy.Darren Coetzee, D...Published: 06 Mar 2021 at 08:04hrs | 17 | by Staff reporter
Quicker route to wealth for black Africans
AFRICANS are currently receiving education that orients them towards employment rather than real wealth creation.Most value chains for our daily consumables as black people in Africa are contr...Published: 02 Mar 2021 at 06:44hrs | | by Dumisani Nduku
Caps boss blasts PSL, Zifa
CAPS United vice-president Nhamo Tutisani has savaged Zifa and the Premier Soccer League (PSL) leadership as mere event managers who lack strategies to turn around domestic football and make it compet...Published: 02 Mar 2021 at 06:40hrs | 1 | by Staff reporter
Proudly made in Zimbabwe
The advent of globalization has demonstrated that each country has expertise in a certain trade and there are commodities that resonate with certain countries more than others. It is often argued that...Published: 02 Feb 2021 at 00:25hrs | 2 | by Victor Bhoroma
Anthony Mandiwanza, when is the right time to step down?
Dairibord, former Dairy Marketing Board (DMB) was once one of the largest food producers in southern Africa, was founded in 1951 and listed on the Zimbabwe Stock Exchange (ZSE) in 1997. Dairibor...Published: 04 Nov 2020 at 14:06hrs | 1 | by Engineer Jacob Kudzayi Mutisi
Zambian traders flock to Victoria Falls
Zambians are taking advantage of Zimbabwe's collapsing economy to buy basic commodities from Victoria Falls for resale in the resort town of Livingstone.Products that are popular with the Zambian ...Published: 18 Aug 2019 at 09:53hrs | | 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
Powercuts hamper milk production
THE rolling power outages in the country have hit milk production hard, businessdigest has learnt.Zimbabwe Association of Dairy Farmers (ZADF) chairperson Kudzai Chirima said the power outages...Published: 09 Aug 2019 at 15:08hrs | 1 | by Staff reporter
Mthuli Ncube needs to work his magic on inflation
ECONOMIC analysts expect Finance and Economic Development Minister Professor Mthuli Ncube to announce new measures to contain and bring Zimbabwe's galloping inflation under control when he presents hi...Published: 21 Jul 2019 at 10:03hrs | | by Staff reporter
Zimbabwe power outages a manifestation of endemic corruption in govt
THE massive daily power outages rocking the country have had a devastating impact on an already fragile economy, throwing into disarray President Emmerson Mnangagwa's mantra that "Zimbabwe is open for...Published: 12 Jul 2019 at 09:24hrs | | by Staff reporter
Mhlauri opens up on coaching career, poultry business
GROWING up and playing football in the grubby streets of Mpopoma high-density suburb in Bulawayo, all Charles Mhlauri wanted to do was to be a footballer of note.It didn't therefore come as a ...Published: 26 May 2019 at 13:48hrs | | by Staff reporter
How Mnagagwa threatened Eddie Cross into submission
The recent remarks by former MDC MP Eddie Cross in support of President Emmerson Mnangagwa should be read in the context of the Gukurahundi Genocide era when Mnangagwa threatened Cross exiled Professo...Published: 30 Apr 2019 at 10:26hrs | 3 | by Mandla Ndlovu
Afreximbank grants Zimbabwe interbank forex trade loan
Cairo-based Africa Export and Import Bank (Afreximbank) has extended an undisclosed amount in lines of credit to Zimbabwe's interbank foreign exchange trading to stabilise the forex supply...Published: 24 Mar 2019 at 18:55hrs | 15 | by Staff reporter
RBZ sets forex priority list
The Reserve Bank of Zimbabwe (RBZ) has set a prioritization list for firms and/or entities that will be able to access foreign currency at the new inter-bank foreign exchange market. Announcin...Published: 26 Feb 2019 at 20:34hrs | | by Staff reporter
A lot of US dollar buyers, but no sellers over low rate set by RBZ
Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage exc...Published: 26 Feb 2019 at 06:41hrs | | by ZimLive
Mangudya kills forex black market?
INDUSTRIALISTS and market watchers have hailed the monetary policy statement presented yesterday by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya, saying it will kill the foreign currency p...Published: 20 Feb 2019 at 22:40hrs | | by Staff reporter
Dairibord boss calls for new Zimbabwe currency
DAIRIBORD Holdings Limited chief executive officer Mr Antony Mandiwanza has waded into the debate over the re-introduction of a local currency, saying using the US dollar to produce pushes up operatin...Published: 10 Feb 2019 at 05:47hrs | | by Staff reporter
Mnangagwa blocks Mthuli Ncube from hiring MDC-T kingpin
In yet another controversy that has engulfed problems-prone Finance minister Mthuli Ncube, President Emmerson Mnangagwa has blocked him from appointing economist and former opposition kingpin - Eddie ...Published: 03 Dec 2018 at 09:49hrs | 1 | by Staff reporter
Mthuli Ncube blocked from appointing Eddie Cross
In yet another controversy that has engulfed problems-prone Finance minister Mthuli Ncube, President Emmerson Mnangagwa has blocked him from appointing economist and former opposition kingpin - Eddie ...Published: 03 Dec 2018 at 07:07hrs | | by Staff reporter
Mthuli Ncube fails to douse the fire
Jittery Zimbabweans say Finance minister Mthuli Ncube's humiliating back pedalling on Friday - on his much-criticised two cents per transacted dollar tax - was "too little, too late" because the count...Published: 07 Oct 2018 at 12:52hrs | | by Staff reporter
Zimbabwe bottled water 'scam' shakes market
PANIC gripped the country's retail sector yesterday, with some shops rejecting some bottled water brands deemed as contaminated.The Zimbabwe Independent first broke the story following laborat...Published: 29 Sep 2018 at 12:51hrs | 1 | by Staff reporter
Dairibord sues Probrands over milk packaging copycat
DAIRIBORD Zimbabwe (Pvt) Ltd has petitioned the High Court seeking an order to interdict Probrands (Pvt) Ltd from infringing on its Steri milk product after the firm allegedly used bottle design, pack...Published: 26 Sep 2018 at 08:49hrs | 1 | by Staff reporter
ZSE ignores 'Mthuliphoria'
The Zimbabwe Stock Exchange (ZSE) slipped into the red unperturbed by the excitement showing across markets on the appointment of new treasury chief, Mthuli Ncube, it has emerged.Slipping into...Published: 15 Sep 2018 at 21:48hrs | | by Staff reporter
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