ZIMBABWE Stock Exchange-listed alcoholic beverage maker, African Distillers Limited (Afdis) has recorded a 5% growth in revenue to $25 million for the year ended June 30 2015 due to increased volumes, value chain cost reduction activities and the depreciating rand.
ZIMBABWEAN ministers will use an investment forum in London next month to articulate a framework for joint ventures and allay fears of investors on indigenisation legislation, the organisers have said.
THE Zimbabwe Parks and Wildlife Management Authority (Zimparks) is in the process of introducing an online booking system allowing clients to process bookings via the internet.
Turnall Holdings Limited has posted a gross profit of $3 million in the half-year-ended June 30 2015, which is 254% up from the same period last year due to better overhead recovery and procurement savings initiatives.
Being called a successful “business person” or “entrepreneur” is an honour that most of us cherish. It is however not easy to become a business person, let alone, a successful one.
BULAWAYO — Millers have urged the government to issue out only grain permits, not mealie-meal ones, in order to protect local industry from cheap imports. Government, together with the private sector, plans to import about 700 000 metric tonnes of maize to cater for deficits as a result of a poor harvest.
FBC Holdings has requested all its suppliers and service providers to effect a 20% discount on the current contractual obligations and future businesses as it moves to contain costs due to the harsh operating environment.
Finance and Economic Development minister Patrick Chinamasa has pleaded for a cash bailout from the World Bank to enable Harare to clear its debts and catch up with the rest of the world.
The first stage of the Sadc Integrated Regional Electronic Settlement System (SIRESS), being the first go-live involving countries in the Common Monetary Area (CMA) namely Lesotho, Namibia, South Africa and Swaziland, was initiated in July 2013.
THERE is no need for Zimbabwe to continue importing cooking oil from neighbouring countries because local producers are now able to meet demand, the Confederation of Zimbabwe Industries (CZI) said.