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Nampak in $6m capex

HARARE – Packaging firm, Nampak Zimbabwe Limited (Nampak), says it spent $5,9 million on capital expenditure in the full-year to September 30…

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Cafca revenue tumbles 40pc

HARARE – Zimbabwe Stock Exchange-listed cables manufacturer, Cafca Holdings Limited (Cafca), revenue for the year ended September 2016 slumped 40 percent to…

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Fuel marking to begin 2017

HARARE – Zimbabwe’s fuel marking programme aimed at stamping out “dirty” petroleum products that have flooded the local market damaging cars and…

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MTN names new technology boss

JOHANNESBURG – MTN South Africa said on Wednesday that it had appointed Giovanni Chiarelli as chief technology and information officer. The Milan-educated…

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Buyanga fights against odds

JOHANNESBURG – Call him unlucky or dodgy, whichever way you look at it Zimbabwean financier and moneylender, Frank Buyanga, can fight. He…

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‘Don’t pop champagne yet’

HARARE – Zimbabwe has been warned against celebrating the recent lifting of International Monetary Fund (IMF) remedial measures imposed on the country…

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New twist to Telecel takeover

HARARE – The disposal of Telecel Zimbabwe (TZ) by its international parent VimpelCom Limited (VimpelCom) continues to be mired in controversy as…

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