By Judith Nyuke Savannah Beverages and two of its senior employees have appeared in court for allegedly defrauding Blackbox Investments (Pvt) Limited of US$66,894 in a failed supply deal involving Jade pet industrial chemicals and plastic polymers. Savannah Beverages Company, its operations manager Alexious Manyanda (46) and
By Judith Nyuke A former Finance Manager from the Insurance Council of Zimbabwe has appeared at the Harare Magistrates' Court for reportedly stealing US$371,610.00 from his employer Oswald Tutai, 35, appeared before Harare magistrate Marewanazvo Gofa charged with money laundering. He was released on US$200 bail and the
By Judith Nyuke A local company, Burnett Motors, has been dragged to court for allegedly failing to deliver eight Toyota Hilux vehicles, valued at US$280,000, to the Zimbabwe Consolidated Diamond Company (ZCDC) despite payment having been made two years prior. Burnett Motors Dealership (Pvt) Limited, represented by
Local beverage giant, Delta Corporation has reported a 5% increase in annual revenue, reaching US$807.4 million for the year ending March 2025. The growth comes amid mounting pressure from the recently introduced sugar tax and continued challenges in its regional operations. The company, listed on the
Financial institution ZB Bank officially launched two digital financial platforms—Smile Cash and Smile Pay—in a move that could reshape the country's financial landscape. The innovations aim to bridge the gap between traditional banking and the modern fintech ecosystem, providing seamless, inclusive, and smart financial services for
Acting Harare Town Clerk Phakame Mabhena Moyo says the circulation of a leaked document outlining plans for the demolition and regularisation of illegal structures in the capital was never intended for public release. In a statement, Moyo said the document is a preliminary internal working draft
Harare’s Town Clerk has released a report revealing how the city plans to clean up the growing number of illegal structures built across the capital. The report says over 22,000 housing stands have been looked into with some getting the green light to stay but many
By Takudzwa Tondoya Minister of Mines and Mining Development, Winston Chitando, says the government is advancing legislative reforms through the Mines and Minerals Amendment Bill to ensure that mining companies plough back into the communities they operate from. Chitando was responding to Guruve North legislator Tendai Pinduka,
FBC Holdings Limited has reported a profit before tax of ZWG 94.5 million, maintained by a strategic pivot toward fee-based revenue and sustained strength in core trading activities, according to a statement by Group Secretary Tichaona Mabeza. In its latest financial performance update, the diversified financial
The country’s largest beverages manufacturer, Delta Corporation has reported a 15.5% surge in profit after tax to US$116.1 million for the year ended March 31, 2025 going through a storm of economic headwinds including currency volatility, rising taxes and constrained consumer spending. In a statement accompanying
You cannot copy content of this page