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Innscor on expansion drive

HARARE – Diversified group Innscor Africa Limited (Innscor) plans to open 31 fast food outlets locally and regionally by June 2014. The…

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Chanakira exits Kingdom

HARARE – Prominent banker and entrepreneur Nigel Chanakira has sold his 30 percent stake in AfrAsia Kingdom Zimbabwe Limited (AKZL) to Mauritius-based…

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Mwana raises $3,2m capital

HARARE – Aim-listed Mwana Africa plc (Mwana) has sourced around $3,2 million through a share subscription to provide working capital. The funds,…

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FBCH shelves merger plans

HARARE – Listed financial services group FBC Holdings Limited (FBCH) has put on hold plans to merge its banking and mortgage lending…

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SecZim bares teeth at corporates

HARARE – The Securities Commission of Zimbabwe (SecZim) plans tighter regulation of listed companies by imposing laws demanding improved financial disclosure, curbing…

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Zim economy staggers along

HARARE – As Zimbabwe emerges from an election hangover, it seems all is gloom and doom for an economy only forecast to…

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Broad money supply declines

HARARE – Zimbabwe’s annual broad money supply growth declined by 18,8 percent in the 12 months to May 2013 as the country’s…

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