Business

Hotelier, African Sun Limited revenue for the year ended December 2020, as expected-took a steep drop of 55 percent to ZWL1, 84 billion from ZWL4, 10 billion recorded in the same period previous year as hotel bookings were significantly…

Diversified group, Meikles Limited wants to separate its agricultural processing unit, Tanganda Tea Company Limited from the group and list it on the Zimbabwe Stock Exchange (ZSE) in an attempt to unlock value, 263Chat Business has learnt.…

The recent 58th bi-annual meeting of SADC Stock Exchanges held virtually this week saw the climate change sustainability initiative take center stage as regional bourses seek to grow climate-smart investments. This follows the signing of…

ZSE-listed, Getbucks Microfinance Bank loss for the full year to December 2020 widened 159 percent against comparative period prior year to reach ZWL$ 44.8 million as a result of a net monetary loss of ZWL$ 29million. Previously, the…

Diversified resource group, RioZim Limited, says it has prioritized the completion of the US$ 17 million Biological Oxidation (BIOX) plant at the firm's Cam and Motor mine in Kadoma this year following delays to the project in the past two…

Caledonia Mining Corporation has announced its fifth quarterly dividend increase in the last 18 months with the latest gain taking the price of shares to US$0.12 each, company Chief Executive Officer Steve Curtis has said. Speaking on the…

CBZ Bank has launched a Student Visa Credit Card which is specially designed for students. The card is available to any student registered with any local or international University or any Academic/Professional Institution.  Students who…

Struggling agro-industrial concern, Border Timbers Limited says it is focusing on improving production efficiency to expand its product sales into both the local and export markets. The company recorded a production decline in the six…

The Procurement Regulatory Authority of Zimbabwe (PRAZ) is collating stakeholder feedback for inclusion into the amended Public Procurement and Disposal of Public Assets Act (PPDPA) expected to be finalized by end of April, 263Chat has…

Sub-Saharan Africa’s prospects for recovery are strengthening amid actions to contain new waves of the pandemic and speed up vaccine roll-outs, according to the World Bank’s biannual economic analysis publication –Africa’s Pulse. Growth…