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Colcom refutes Angola plans

HARARE – Food processor, Colcom Foods Holdings (Colcom) has denied plans to venture into Angola in the near future. Colcom chief executive,…

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Matemera for AfrAsia Bank?

HARARE – Ex-BancABC managing director Hashmon Matemera has been linked with a move to AfrAsia Bank Limited (ABL), a move probably sparked…

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FMHL posts $4m loss

HARARE – Insurance firm First Mutual Holdings Limited (FMHL) incurred a $4,1 million loss in the half year to June 2014 compared…

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IMF team set for Zim

HARARE – An International Monetary Fund (IMF) delegation is expected in Zimbabwe next week to assess the country’s progress on the staff…

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Innscor posts $1bn revenue

HARARE – Listed diversified group Innscor Africa Limited (Innscor) recorded $1 billion revenue in the year to June 2014, up 54 percent…

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NetOne secures $290m China loan

HARARE – State-owned wireless network operator NetOne has secured a $290 million loan from China. Finance minister Patrick Chinamasa said the funds…

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Zim pays China unbudgeted $180m

HARARE – Zimbabwe has paid China an unbudgeted $180 million towards loans owed to the Asian economic giant. Finance minister Patrick Chinamasa…

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