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Non-life assets up 19pc

HARARE – Non-life insurers’ total assets grew 19,2 percent from $197,43 million as at December 31, 2016 to close 2017 at $235,42…

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NTS mixed sourcing pays off

HARARE – National Tyre Services (NTS) says its mixed bag strategy to supplement direct sourcing with local supplies and pushing sales of…

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SecZim introduces C-Trade

HARARE – Zimbabwe’s capital markets will this week introduce a mobile application, C-Trade, in a move that is expected open the financial…

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Falgold narrows loss

HARARE – Zimbabwe Stock Exchange-listed gold producer, Falcon Gold (Falgold), has narrowed its losses to $1,68 million in the half year to…

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Starafrica eyes profitability

HARARE – Struggling sugar producer Starafricacorporation (Starafrica) is eyeing a return to profitability in the near future after reducing its losses by…

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TelOne revenue surges to $117m

HARARE – State-owned integrated telecommunications firm, TelOne, revenues increased to $117 million last year driven by growth in broadband income. According to…

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Lonmin disposes Petrozim stake

HARARE – South Africa-registered platinum group metals (PGMs) producer Lonmin Plc (Lonmin) is disposing its 50 percent stake in Zimbabwe’s Petrozim Line…

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