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Econet declares $15m dividend

HARARE – Zimbabwe’s largest mobile telecommunications company by subscriber base, Econet Wireless (Econet), will pay out a whopping $15 million to shareholders…

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Nicoz gross premium flat at $11,1m

HARARE – Listed short-term insurer NicozDiamond Insurance Limited (Nicoz)’s gross premium written (GPW) for the four months to April 2015 remained almost…

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Chinamasa defends presumptive tax

HARARE – Finance minister Patrick Chinamasa says Zimbabwe’s presumptive tax was in line with international trends and blamed small-to-medium enterprises (SMEs) for…

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OK Zim engages foreign suppliers

HARARE – Zimbabwe Stock Exchange (ZSE)-listed retailer, OK Zimbabwe Limited (OK), says it is engaging foreign retailers for the manufacturing of in-shop…

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Tongaat production down 9pc

HARARE – Zimbabwe’s largest sugar producer, Tongaat Hulett, production declined by nine percent to 445 000 tonnes in the full year to…

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New investor for Kamativi mine

HARARE – The Zimbabwe Mining Development Corporation (ZMDC) has secured a foreign investor willing to inject $100 million in capital to revive…

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