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Herbert Nkala to step down
OK Zimbabwe Limited (OKZL), the retail giant listed on the Zimbabwe Stock Exchange (ZSE), has announced that its long-serving Board Chairman, Mr Herbert Nkala, will not seek re-election as Director an...Published: 03 Jul 2025 at 12:36hrs | 617 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 215 | by Staff reporter
Avocado exports spur Tanganda revenue
Listed tea producer, packer, and distributor, Tanganda Tea Company (TTC), reported a revenue increase to US$25.7 million for the financial year ended September 30, 2024, primarily driven by strong avo...Published: 25 Feb 2025 at 07:05hrs | 545 | by Staff reporter
Mthuli Ncube's 2025 Budget to increase cost of doing business
Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already chall...Published: 20 Dec 2024 at 11:12hrs | 581 | by Staff reporter
Insiza: The land of gold and glory
INSIZA is a district in Matabeleland South Province and its capital, Filabusi, is 100km south of Bulawayo, along the Mbalabala/Zvishavane Road. The district boasts of a diverse landscape, with gentle ...Published: 30 Dec 2023 at 08:21hrs | 47 | by Staff reporter
5 under-privileged students secure Mnangagwa's ED-UNZA scholarship
NELIA Fundu, a 21 year old young intellect from rural Zvishavane was born in a less privileged family with other five siblings.Her father relies on menial jobs to put food on their table but h...Published: 11 Sep 2023 at 06:26hrs | 19 | by Staff reporter
Gwanda woman wins 2 cars at OK Grand Challenge
A 32-year-old Gwanda woman yesterday rode her luck after she won two cars at the OK Grand Challenge Jackpot Promotion final event that saw winners walking away with 47 vehicles and other prizes at Bor...Published: 05 Jun 2022 at 08:59hrs | 5 | by Staff reporter
Trevor Ncube's dalliances with Mnangagwa run much deeper
This article on the mysterious and controversial relations between President Emmerson Mnangagwa and local publisher Trevor Ncube is a summary based on an extract from...Published: 08 Apr 2022 at 09:22hrs | 405 | by Jonathan Mbiriyamveka
Mnangagwa's advisory council falls apart
PRESIDENT Emmerson Mnangagwa's Presidential Advisory Council (Pac) has virtually collapsed after the acrimonious quitting of its high-profile deputy chairperson, Alpha Media Holdings (AMH) proprietor ...Published: 27 Mar 2022 at 07:36hrs | 5 | by Staff reporter
Business pushes for double taxation removal
Industry wants Treasury to make the intermediated money transfer tax (IMTT) - commonly referred to as the 2 percent tax - tax deductible, arguing it has become a significant and additional cost to bus...Published: 05 Dec 2021 at 06:11hrs | 8 | by Staff reporter
OK suffers write-downs as crisis deepens
REVENUES at the Zimbabwe Stock Exchange-listed retail giant, OK Zimbabwe Limited came off slightly to $34,3 billion during the year ended March 31, 2021 as consumer spending came under pressure as a r...Published: 10 Jun 2021 at 06:35hrs | 3 | by Staff reporter
OK Zimbabwe CEO retires after two years
ZIMBABWE Stock Exchange- listed retail giant OK Zimbabwe says its CEO Alex Siyavora will leave the group at the end of next month, after assuming the role just over two years ago. He will be replaced ...Published: 14 Feb 2021 at 09:51hrs | 5 | by Staff reporter
Mnangagwa says his admin will listen to PAC
President Emmerson Mnangagwa has assured the Presidential Advisory Council (PAC) that members of his administration, at all level, will be receptive to their suggestions and ideas.The Presiden...Published: 07 Mar 2019 at 13:24hrs | 2 | by Staff reporter
Mohadi clears air on Nuanetsi Ranch ownership
President Mnangagwa has appointed a board of trustees for the Development Trust of Zimbabwe (DTZ) and board of directors for Nuanetsi Ranch Limited. The board of trustees for DTZ are former Mu...Published: 18 Feb 2019 at 07:02hrs | 3 | by Staff reportert
7-Star Swiss hotel for Zimbabwe
Swiss billionaire and owner of Dolder Grand Hotel in Zurich, Mr URs Ernst Schwarzenbach, has expressed interest in investing in Zimbabwe, in a development that could bring an ultra-luxury, 7- Star hot...Published: 02 Feb 2019 at 05:45hrs | 1 | by Staff reporter
Nkala appointed OK Zimbabwe board chairman
PROMINENT businessman, Mr Herbert Nkala, has been appointed chairman of the OK Zimbabwe Limited board. He replaces, Mr David Lake, who has stepped down from the position with immediate effect....Published: 28 Sep 2018 at 07:01hrs | 1 | by Staff reporter
Nkala retires
Herbert Nkala has retired as chairman of African Sun Limited after more than three years at the helm, with the hospitality group expected to announce his successor in the coming days.Speaking ...Published: 29 Jun 2018 at 07:26hrs | | by Staff reporter
Advice to MDC Allians:Know what to oppose and what to support
The opposition politicians must know what to oppose and what to support unless if they want to lose respect in the eyes of the citizens . There are people who just oppose something without reasoning s...Published: 23 Jun 2018 at 13:12hrs | 3 | by Erick Matotoba
Biti is offside on the British loan to Zim businesses
The opposition politicians must know what to oppose and what to support unless if they want to lose respect in the eyes of the citizens.The Tendai Biti attack on the $100M private sector loan ...Published: 18 May 2018 at 11:00hrs | 4 | by Hopewell Chin'ono
Why the British had no other choice but to work with Mnangagwa
As I reflected on the tons of emails of feedback I got yesterday including from local embassies responding to the article published by nehandaradio, in which I wrote about the Zimbabwe-British relatio...Published: 01 Mar 2018 at 11:31hrs | 4 | by Hopewell Chin'ono
Chiwenga meets SA delegation
Vice President Constantino Guvheya Nyikadzino Dominic Chiwenga met a high powered delegation from the Industrial Development Corporation (IDC) of South Africa at his Munhumutapa Offices in Harare yest...Published: 25 Jan 2018 at 05:34hrs | 1 | by Staff reporter
Mr President here are the key drivers of the economy
You don't have to wait for appointment for you to bring development to your country. Whatever you have on your hands it is good to share so that our country will be in a better position to develop. Fo...Published: 03 Jan 2018 at 16:45hrs | 1 | by Tinashe Eric Muzamhindo
Mnangagwa to announce his new Cabinet this week
PRESIDENT Emmerson Mnangagwa is expected to announce his new Cabinet team this week, which analysts say will indicate how his administration is likely to perform - amid much speculation and jockeying ...Published: 26 Nov 2017 at 15:43hrs | 1 | by staff reporter
Kumalo takes over at IDC
LONG serving Industrial Development Corporation of Zimbabwe Limited general manager Mr Michael Ndudzo, has left the institution after 26 years of service.IDC board chairman Mr Herbert Nkala sa...Published: 18 Sep 2017 at 06:19hrs | | by Staff reporter
Local cooking oil manufacturer to expand operations
Cooking oil manufacturer, Surface Wilmar is set to double output by next month following an injection of US$15 million for the expansion of the plant.The need to double output after the in...Published: 15 Jul 2016 at 20:23hrs | 2 | by Staff reporter
Zimbabwe economy getting worse
Economic experts have warned afresh that Zimbabwe's economy is in dire straits and that authorities need to move with more urgency and vigour to mitigate the country's plummeting fortunes.The ...Published: 16 Jun 2016 at 14:37hrs | | by Staff reporter
'Shift to rand inevitable'
A shift towards the rand is inevitable as dollars imported to facilitate transacting do not stay within the country, FBC Holdings chairman Herbert Nkala said at the launch of the 2016 CASE Handbook. ...Published: 09 Jun 2016 at 06:53hrs | | by Business 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
Econet gets 4 prestigious awards
ECONET Wireless Zimbabwe walked away with four prestigious awards at the Marketers Association of Zimbabwe 2013, Super Brand annual awards plus the prestigious overall business Super- brand 2013 award...Published: 12 Dec 2013 at 02:32hrs | 5 | by Business reporter
Makoni, Madhuku, Sikhala in surprise appearance at Nkala burial
The burial of the late nationalist, Enos Nkala, was marked by surprise appearances from some of Zanu-PF's critics with President Robert Mugabe capitalising on the event to launch his scathing attackin...Published: 29 Aug 2013 at 20:47hrs | 2 | by Staff reporter
Enos Nkala changed mind on Heroes' Acre burial
The late Zanu-PF founding member Enos Nkala changed his feelings about being buried at the National Heroes' Acre two years ago and made it clear that he would accept the national hero status, his f...Published: 28 Aug 2013 at 05:52hrs | | by Staff reporter
Enos Nkala's family appalled by public statements
The late Zanu PF founding member Enos Nkala's family say they are shocked at the sentiments expressed about the former Home Affairs minister, saying they are appalled people could speak so harshly abo...Published: 25 Aug 2013 at 17:29hrs | 1 | by Staff reporter
Enos Nkala family awaits hero status decision
The family of the late Zanu-PF founder Enos Nkala yesterday said it was making alternative burial arrangements while awaiting the government’s decision on his hero status. N...Published: 23 Aug 2013 at 04:46hrs | | by Staff reporter
'Enos Nkala is a hero,' says Mugabe
PRESIDENT Mugabe yesterday mourned veteran nationalist Enos Nkala, who passed on in Harare, describing him as a great, staunch, unyielding and dependable liberation war fighter whose death is a great...Published: 22 Aug 2013 at 08:34hrs | 2 | by Staff reporter
Enos Nkala dies
Enos Nkala has died at the Avenues Clinic, Harare on Wednesday morning.The outspoken former minister was admitted at the hospital on August 7 after his family asked that he be transferred fro...Published: 21 Aug 2013 at 06:55hrs | 2 | by Staff reporter
Board changes loom at Astra Industries
Board changes are looming at Astra Industries Ltd after the company was taken over by a management consortium and a foreign company, Kansai Plascon, businessdigest revealed. Sources close to ...Published: 26 Jul 2013 at 17:30hrs | 1 | by Staff reporter
FBC to surrender building society licence
Listed financial services group FBC Holdings, faced with the possibility of failing to meet new minimum capital requirements by 30 June, plans to surrender its FBC Building Society licence to regulato...Published: 07 Jun 2013 at 04:02hrs | 1 | by Business Reporter
FBC launches CASE 2013 handbook
Following the mini bull run since the beginning of the year, the ZSE is once again the biggest bourse by market capitalisation among the four markets covered by the CASE Handbook, FBC Holdings chairm...Published: 30 May 2013 at 07:30hrs | 1 | 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
Latest Zimbabwe sanctions list
The European Union on Friday de-listed 51 Zimbabweans, 20 companies from the much hated sanctions list but President Robert Mugabe would celebrate his 88th birthday under the sanctions yoke.H...Published: 17 Feb 2012 at 13:07hrs | 2 | by Alois Sibanda
Govt urges local companies to promote national brands
The DPM, Professor Arthur Mutambara called upon Zimbabwean companies to take steps in aiding government's national rebranding efforts as successful brands are created through perception of management...Published: 09 Dec 2011 at 10:06hrs | 4 | by Staff reporter
Lobels closure, indigenisation not to blame: AAG
Black economic empowerment lobby group the Affirmative Action Group (AAG) says the closure of Lobels Bakery and Jaggers Wholesalers should not be blamed on indigenisation as local companies are facing...Published: 14 Jun 2011 at 06:10hrs | | by Mafu Sithabile
Ignatius Chombo in a bid to takeover Lobels
The Minister of Local Government, Rural and Urban Development, Dr Ignatius Chombo, is alleged to be in talks with Lobels Holdings Limited directors for a possible takeover. Sources close...Published: 20 Feb 2011 at 18:35hrs | | by Byo24NEWS
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