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Harare
Saturday, May 30, 2020
Harare – Tongaat Huletts Zimbabwe’s unit, Hippo Valley Estates Limited has once again missed a deadline to file its financial results for the year ended 31 March 2019, but expressed that the process of completing the consolidated financial statements for the related period is well progressed. The Zimbabwe Stock Exchange...
Harare – The Zimbabwe Energy Regulatory Authority (ZERA) has announced a new set of petrol and diesel prices, reverting back to what has become a systematic price review after maintaining same price structure in the past two weeks. In a statement, ZERA said the new fuel prices take effect as...
Harare – Officials from the Ministry of Finance and Economic Development have defaulted on appearing before the Parliamentary Portfolio Committee on Public Accounts which is probing irregularities on payments for Command Agriculture between 2017 and 2018. The Ministry of Finance was summoned to appear before the committee to provide oral...
Harare - Energy and Power Development Minister, Fortune Chasi says it is time for companies and households to turn to renewable energy sources to supplement the shortage of electricity that the country is currently facing. Speaking at a National Energy Innovations Summit hosted by the Financial Gazette in the capital...
Harare – Platinum group metals (PGM) company, Unki Mine which is an underground mine located in the centre part of Zimbabwe in Gweru, PGM production increased by 7% to 53,800 ounces in the third quarter (Q3 2019) ended 30 September 2019. In a production update for the period under review,...
Harare – JSE and LSE-listed Tharisa, a chrome and platinum group metals (PGM) producer has expressed optimism on its Zimbabwean operations following the declaration of a portion of Selous measuring 50 667 hectares as a special economic zone (“SEZ”). The zone is located on certain pieces of land covered by...
Harare – Boarder Timbers Limited on Tuesday released its trading update for the 12 months to 30 June 2019. Highlights of the company’s operations for the period under review include the impact of unrealised exchange loss on a foreign loan amounting to ZWL24.2 million which resulted in the company recording...
Harare – CellMed Health Medical Fund has launched a Pan African Medical Aid product developed in partnership with Hollard Health International and Cigna Life Insurance Company Europe which will ‘allow clients to access hassle free medical cover locally and internationally.’ Cellmed Health Medical Fund is part of the Cell Group...
Harare – Pan African Bank, Ecobank Zimbabwe was awarded the best bank in Zimbabwe at the recently held Banks and Banking 2019 Survey Awards. The program, running under the theme “Return of the Zim-Dollar Transition to Nolmacy?” was presented by The Zimbabwe Independent which is owned by Alpha Media Holdings...
Cassava Smartech, an Econet spinoff, recently launched Sasai, a mobile application which mirrors China’s WeChat. Of course it is a first by Africa but odds are highly staked against its success. There is ready intense competition in the chatting space with statistics showing that in Africa’s strategic countries of...