The Zimbabwe Revenue Authority (ZIMRA) has surpassed its month of April target after net revenue collections improved by 41.92% from the US$247.90 million that was collected during the same period in 2017. According to the group financial report, there was an improvement in the performance of revenue heads with Companies,
Hwange Colliery Company Limited has advised its shareholders and the public to exercise caution when dealing with the company shares following ongoing disputes between two senior company officials on allegations of impropriety. This comes after the group suspended its managing director, Thomas Makore, on allegations of
Dairiboard Zimbabwe Holdings Limited (DZHL), the country’s biggest producer of milk and dairy products has hailed government's new policy initiatives including Statutory Instrument 122 of 2017 for boosting their operations which they said helped in turning around their performance from a US$3.8 million loss in
According to a statement released last week, ZAMCO will immediately sell on the market portion of its shareholding in Starafrica if the share price reaches US$0.03, so as to reduce its shareholding to less than 35%.
"Most of these economic activities of other countries are declining whilst Zimbabwe is on a progressive economic trajectory which we are estimating to have about 4.5% growth according to the national budget.
The Chamber of Mines has called on the government to completely scrap off 51/49 percent indigenization policy reserved for diamond and platinum mining sectors saying the nature of the industry requires lots of capital and still needs to develop. Addressing the media on Thursday, The Chamber
Delta Beverages has dismissed rumors circulating that they are left with one-week supply for Chibuku Super saying their packaging supplier is experiencing problems which they hope will be address soon. In an interview with 263Chat, Delta Beverages Secretary, Alex Makamure said there was a temporary supply
The Coca-Cola Company (TCCC) today (Tuesday) celebrates its 132nd birthday globally, 90 years in Africa, and 70 years of operation in Zimbabwe. Coca-Cola East and Central Africa Franchise General Manager, Ahmed Rady said the group takes great pride in being a part of Zimbabwe’s fiber for
The United Nations (UN) has committed to help Zimbabwe achieve the 15 percent budgetary allocation to the health sector in line with the Abuja Declaration, UN Resident Coordinator Bishow Parajuli has said. Speaking during the Launch of the International Day of Yoga held in the capital today, UN
Vice President, Retired General Constantino Chiwenga has challenged all sectors of the economy to be active contributors to foreign currency generation in the country. Chiwenga made the remarks during the commissioning of a US$3.5 million state of art machinery at Splash paint and plastics in Harare
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