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Nestle invests $30m in Zim

HARARE – International food processing firm, Nestle, says it has invested over $30 million on the refurbishment and upgrading of its Zimbabwean…

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IDBZ secures $20m facility

HARARE  – The Infrastructure Development Bank of Zimbabwe (IDBZ) has secured $20 million from government aimed at capacitating the financial institution to…

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BNC to retrench

HARARE – ASA Resources, formerly Mwana Africa’s Zimbabwean unit, Bindura Nickel Corporation (BNC), says it is set to lay off about 300…

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AirZim boss on cloud nine

HARARE – Air Zimbabwe acting chief executive Edmund Makona says the country’s aviation industry is poised for greater heights following his recent…

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Sable Chemicals on revival path

HARARE – Fertiliser-manufacturing firm, Sable Chemical Industries (Sable), has adopted a new business model in its quest for survival in the current…

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