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Pearl revenue depressed

HARARE – Pearl Properties (Pearl)’s revenue declined one percent to $2,9 million in the four months to April 2014 compared to prior…

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We prefer Chinese: Nhema

HARARE – Zimbabwe will always give  preferential treatment to Chinese investors as they stood by the country during tough times, Indigenisation minister…

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BAT volumes flat

HARARE – Cigarette manufacturer British American Tobacco (BAT) says its trading is flat, with volumes one percent lower in the five months…

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PPC to streamline Zim unit

HARARE – South Africa-based cement maker PPC is mulling right sizing its Zimbabwean unit as part of strategies to contain costs. Richard…

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ZSE tops among regional bourses

HARARE – The Zimbabwe Stock Exchange (ZSE) remains the biggest bourse by market capitalisation in sub-Saharan Africa. According to the Central African…

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Tetrad gets $31m capital boost

HARARE – Tetrad Holdings Limited (Tetrad) has received a $31 million recapitalisation boost from its shareholders. Its chairperson Miccah Moyo said the…

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HCCL secures $18m PTA loan

HARARE – Hwange Colliery Company Limited (HCCL) has secured an $18,5 million loan from the PTA Bank, officials say. This comes as…

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