Search results for 'Retrenchment'
Zimbabwe
Triangle Limited Embarks on Mass Retrenchment as Government Policies Suffocate Formal Sector
Triangle Limited, a leading sugar manufacturer in Zimbabwe, has embarked on a strategic phased retrenchment initiative aimed at alleviating rising operational expenditures and reinstating profitabilit
Jan 15, 2025
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025
Top Stories
Zimbabwe’s Postal Sector Spends More Than It Earns as Volumes Collapse, DHL Cut Outlets
Zimbabwe's licensed postal and courier operators has recorded a cost-to-income ratio of 117.5% in the fourth quarter of 2025, worsening by 10 percentage points from 107.5% in the third quarter of 2025
Apr 29, 2026Satellite Disruption: Starlink Records Historic Single-Quarter Traffic Gain as Liquid Loses Ground
Starlink Zimbabwe has recorded a 42.76% increase in fixed Internet and data traffic in the fourth quarter of 2025, rising from 117.83 Petabytes to 168.21 Petabytes, according to the Postal and Telecom
Apr 29, 2026Post-Cabinet Briefing: Tobacco Earnings Surge Past US$500m, GMB Arrears Narrow, Wheat Set at 662,500 Tonnes
Zimbabwe's 2026 tobacco marketing season has recorded cumulative sales of 149.9 million kilograms at an average price of USD 2.65 per kilogram by Day 34, with tobacco exports reaching 83 million kilog
Apr 29, 2026
