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Dairibord pulls out of Malawi

LISTED milk processor Dairibord Holdings Limited (DHL) is pulling out of Malawi to cut losses incurred by the unit. Dairibord Malawi (DM)…

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RBZ allocates $28m to millers

THE Reserve Bank of Zimbabwe (RBZ) has allocated US$28 million to millers in about 12 months for the importation of wheat. According…

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Zim debt should be audited

ZIMBABWE should not rush to pay its external debts until an official audit has been done to ascertain the validity of the…

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Tobacco deliveries down 98pc

ZIMBABWE’S tobacco deliveries slumped to its lowest levels ever after farmers brought in 3 886 kilogrammes of the golden leaf on the…

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Caledonia gold production dips

CALEDONIA Mining Corporation (Caledonia) gold production was down three percent to 54,511 ounces during the full year ended December 31, 2018 compared…

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ZSE extends reporting period

THE Zimbabwe Stock Exchange (ZSE) yesterday extended companies’ financials publication deadline for the period ending December 31, 2018 by a month due…

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Prospect records $4m loss

PROSPECT Resources (Prospect) says it reported a loss after tax of $4,135 million during the half year ended December 31, 2018 compared…

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OneMoney debit card use rises

NETONE’s mobile money platform, OneMoney, recorded a 32,7 percent increase in subscribers to 241 566 in the fourth quarter to December 31,…

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