Search results for 'investment'
Companies
The US Dollar Triumph: Tigere’s Revenue Collections Rise to 91% in USD in HY24
igere Property Fund has reported a notable shift in its financial landscape for the half-year ended June 30, 2024, marked by a significant increase in USD revenue collections. According to its latest
Sep 02, 2024
Companies
Capitalizing on Recovery: ASUN Sells Underperforming Hotels for $6.9 Million to TD Hotels & Leisure
Zimbabwe’s largest hotel group, African Sun Limited (ASUN) is disposing two of its hotels: the Great Zimbabwe Hotel, located in Masvingo, and the Beitbridge Express Hotel, situated in Beitbridge accor
Sep 04, 2024
Zimbabwe
Forum on China-Africa Cooperation: Zim Seals Historic Avocado Exports Deal with China
Zimbabwe has signed a historic trade deal that paves the way for its avocados to be exported to the Chinese market for the first time during the Forum on China-Africa Cooperation (FOCAC) in Beijing.
Sep 05, 2024
Companies
Dual Challenge, Single Solution: Old Mutual Launches US$100 Million Renewable Energy Fund
As Zimbabwe grapples with an ongoing energy crisis, Old Mutual Zimbabwe has announced the launch of a US$100 million private equity fund aimed at renewable energy investments. With the country strivi
Sep 24, 2024
Companies
First Mutual's Flagship Arundel Project Nears Completion: Occupancy Hits 89% Despite US$60.5 Million HY Loss
First Mutual Properties (FMP) is set to complete its flagship project, Arundel Office Park extension, whose scope involves building a double-storey office block with a basement, providing a lettable a
Sep 25, 2024
Companies
RTG Surpasses 50% Occupancy, for the First Time Following Major Refurbishments
Rainbow Tourism Group (RTG), the second-largest hotel group after African Sun, has achieved a remarkable occupancy rate of over 50% in the six months ended 30 June 2024. This marks a historic milest
Oct 02, 2024
Top Stories
National Foods Defy Odds: Earns Over US$100M Revenue in Just 3 Months, Despite Changes in VAT, Power Woes
National Foods, the country's leading food producer, achieved a remarkable milestone, surpassing the US$100 million mark in just three months of FY2025 (Q1), despite challenges posed by power outages
Nov 19, 2024