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Fidelity to issue $10m bond

HARARE – Fidelity Life Assurance of Zimbabwe (Fidelity) plans to issue a $10 million bond aimed at the development of 5 300…

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Turnall mulls retrenchment

HARARE – Listed roofing materials manufacturer Turnall Holdings is mulling to retrench as part of strategies to contain costs and survive Zimbabwe’s…

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BAZ speaks on bad loans

HARARE – Reserve Bank of Zimbabwe (RBZ)’s move to create a special purpose vehicle that houses $700 million non-performing loans (NPLs) will…

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Celsys seeks ZSE readmission

HARARE – Printing and related services group Celsys Limited (Celsys) seeks readmission to the Zimbabwe Stock Exchange (ZSE) after its majority shareholder,…

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Zimplats posts $97m profit

HARARE – Zimbabwe’s largest platinum producer, Zimplats, recorded a $97 million profit after tax in the year to June 2014, up 42…

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Air Zim seeks $368m

HARARE – National carrier Air Zimbabwe (AirZim) is seeking $368 million to sustain the viability of operations. Eric Harid, the acting AirZim…

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