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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
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
Millers resort to flour rationing
THE Grain Millers Association of Zimbabwe (GMAZ) has resorted to flour rationing to avert possible bread shortages as the country battles a crippling shortage of wheat, its worst cereal crisis since i...Published: 02 Oct 2018 at 09:46hrs | | by Staff reporter
Zimbabwe plunges into wheat crisis
ZIMBABWE was by yesterday left with less than a month of wheat stocks after a United Kingdom-based supplier held back a 30 000-tonne consignment at Mozambique's port of Beira until payment is confirme...Published: 06 Sep 2018 at 06:45hrs | 1 | by Staff reporer
Maize-meal thief posed as Deputy Comm-General
A Harare man who impersonated Deputy Commissioner-General Innocent Matibiri and defrauded Blue Ribbon Foods Limited of maize-meal and wheat bran worth $8 000 has been jailed for one year.Stani...Published: 15 Aug 2016 at 06:38hrs | 1 | by Fungai Lupande
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
List of companies that are currently offering apprenticeship
The Deputy Minister of Higher and Tertiary Education, Science and Technology Dr Gandawa yesterday released a list of Zimbabwean companies that currently offer apprenticeship.The companies recr...Published: 20 May 2015 at 20:35hrs | 118 | by Ndou Paul
ZSE's Industrials extends gains in pre-election trades
ZSE's Industrials extended their gains to another uncharted territory on Monday in pre-election trading with just a day to go before the 2013 harmonised elections.The Industrials Index gained ...Published: 29 Jul 2013 at 12:35hrs | | by Business reporter
ZSE shares close weaker at start of year's 2nd half
ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.1...Published: 01 Jul 2013 at 16:44hrs | | by Business 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
Bakers Inn to invest in pie making line, to reintroduce half bread
Innscor's Bakers Inn will in September commission a new pie making plant which will raise capacity to 200 000 pies from the current 12 000 daily.Bakers Inn General manager Ketan Patel said dur...Published: 06 Jun 2013 at 05:27hrs | 29 | by Financial Express
Innscor faces penalty for not giving notice of NatFoods acquisition
Innscor Africa faces a penalty from the Competition and Tariff Commission for not giving notice of its intent to acquire a majority stake in National Foods. The commission noted during a stak...Published: 13 May 2013 at 06:39hrs | | by Business reporter
ZSE:- Industrials scratches out modest gains at week's end
ZSE's Industrials managed modest gains at week's end as gains in Delta and Innscor outweighed losses in ...Published: 05 Apr 2013 at 12:16hrs | 1 | by Business reporter
CFI finds investor for Victoria Foods
CFI has secured an investor for its milling business Victoria Foods while there are discussions with a potential investor for one of the poultry arms, group CEO Steve Kuipa told the AGM this morning....Published: 27 Mar 2013 at 14:54hrs | | 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
GMB to buy wheat using last year's producer price: Govt
Zimbabwe government has given the Grain Marketing Board authority to buy wheat using last year's producer price of US$466 per tonne.Farmers were anticipating an increase in the wheat pro...Published: 24 Dec 2011 at 00:34hrs | 5 | by Staff reporter
Econet becomes Zimbabwe's Superbrand for 2011
ECONET scooped the first prize in the country's top 10 superbrands for the second consecutive year. It has been credited with transforming many lives in Zimbabwe.The Econet brand was recognise...Published: 09 Dec 2011 at 19:47hrs | 1 | by Staff reporter
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