Harare Institute of Technology(HIT) students, yesterday shut down the usual daily proceedings in protest over what they said is a lack of recreational activities including gigs, DSTV and wireless internet connection in hostels. In an interview with scores of students who were demonstrating at the institution,
Zimbabwe Stock Exchange listed mining giant, RioZim Limited has reportedly failed to import key consumables and spares into the country due to lack of access to foreign currency resulting in the company opting to take the expensive route of procuring locally. Zimbabwe has experienced a serious foreign
Zimpapers 1980 Limited, newspaper division has recorded a three percent decline in revenue for the year ended 31 December 2017, despite the fact that $3.8 million profit was 44.9% better compared to the same period last year. According to the group chairperson, Delma Lupepe, the decline
Nelson Chamisa, President of the Movement for Democratic Change has promised to restore Bulawayo to its industrial hub status, saying the city has for long been abandoned, neglected and forgotten by the Zanu PF regime. In a statement released recently, Chamisa hinted that his administration will devolve
Lafarge Cement Zimbabwe Limited has reported that heavy rainfall adversely affected their cement stocking patterns while partially contributing a four percent decline in full year sales to US$58.48 million from US$61.00 million in the prior year. The leading cement manufacturer noted that sales decline was also caused
Nelson Chamisa, President of the Movement for Democratic Change has intimated that he is set to meet President Emmerson Mnangagwa for a dialogue meeting that he says is aimed at finding solutions to challenges that are likely to plague this year's general elections. In a statement
Zimbabwe Stock exchange listed company, Zimre Properties disposed Zimre Centre in Harare for US$10.8 million, with the proceeds earmarked for the development of the Victoria Falls shopping mall as well as conversion of Nicoz House Bulawayo to students accommodation. In its results for year ended 31
Barclays Bank of Zimbabwe has hailed the narrowing balance of trade deficit to US$1.4 billion for the full year 2017 which had ballooned to US$2.1 billion in 2016, as reported in the latest Reserve Bank Monetary Policy Statement. According to the group financial results for the
Crocodile meat and skin producer, Padenga Holdings Limited harvested 46.035 crocodiles in 2017, representing a four percent decline compared to the same period in 2016. According to the group chairperson, Alexander Calder, skin quality grade declined from 95% first grade in 2016 to 89% in the
Leading clothing retailer, Edgars Stores Limited recorded a stronger second half sales as a result of the political developments that led to the ouster of former President Robert Mugabe as renewed hope for economic revival pushed consumer spending to new levels. According to the group financial
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