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IDC throws out bids for Deven
TWO local companies seeking a shareholding in Deven Engineering had their bids thrown out after they failed to offer the "best value for money" for the coach builder.Deven's core competence is...Published: 22 Nov 2021 at 05:50hrs | 11 | by Staff reporter
Treger Products sets US$15million exports target
ONE of Africa's largest manufacturers of household wares and appliances, Treger Products has set a target of generating US$15 million in revenue this year from exports through fortifying its markets i...Published: 10 Mar 2019 at 08:54hrs | | by Staff reporter
WMI engages top car makers
WILLOWVALE Motor Industries is in negotiations with leading world car manufacturers with a view of assembling their brands locally, a senior official said yesterday. General manager for Indust...Published: 08 Mar 2019 at 06:36hrs | 5 | by Staff reporter
IDCZ disposes stakes in Almin Metal Industries, Stone Holdings
THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. ...Published: 04 Feb 2019 at 07:53hrs | 10 | by Staff reporter
Mthuli Ncube sets privatisation timelines
FINANCE minister Mthuli Ncube has set timelines for the disposal and partial privatisation of a number of state-owned enterprises, as part of a raft of measures to revitalise Zimbabwe's fragile econom...Published: 16 Nov 2018 at 07:02hrs | 3 | by Staff reporter
16 State enterprises to be privatised
The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring ...Published: 03 Oct 2018 at 15:22hrs | 3 | by Staff reporter
Chinamasa slammed for defending Obert Mpofu
Finance minister Patrick Chinamasa has been hauled to the coals for dismissing corruption allegations being levelled against Home Affairs minister Obert Mpofu without giving the politician the o...Published: 25 Jan 2018 at 10:53hrs | 1 | by Staff reporter
Chinamasa pumps $200 million into ailing parastatals
Zimbabwe's cash-strapped government has pumped nearly $200 million into the country's struggling parastatals.This comes as calls have been getting louder for the cash-strapped country ...Published: 19 Apr 2017 at 06:42hrs | | by Staff reporter
Mphoko impressed with ZITF displays
VICE President Phelekezela Mphoko yesterday toured several stands at the 57th Zimbabwe International Trade Fair (ZITF) which is underway in Bulawayo and was impressed with the quality of exhibitions....Published: 28 Apr 2016 at 06:56hrs | | by Pamela Shumba
Kango products rocked by massive salaries slash
WORKERS Treger Products (Pvt) Limited whose subsidiaries are Kango Products, Treger Plastics, Monarch Steel and Zimbabwe Grain Bag have been hard hit by massive employment grades reduction and salarie...Published: 27 Nov 2015 at 07:22hrs | 5 | by Stephen Jakes
Willowvale Mazda Motor Industries to close down
THE Industrial Development Corporation Zimbabwe (IDCZ) is set to close unviable operations such as Willowvale Mazda Motor Industries, Sino Zimbabwe Cement Company, National Furniture Industries, Motir...Published: 20 Dec 2014 at 06:41hrs | 1 | by Staff Reporter
Restructuring of Zimbabwe parastatals slow: Moyo
THE restructuring process of identified public enterprises has been slow partly because of lack of commitment from the line ministries and management of the enterprises, a Cabinet Minister has said....Published: 09 Dec 2011 at 06:16hrs | 1 | by Staff reporter
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