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Steward Bank restructures

HARARE – Newly-branded Steward Bank, formerly TN Bank, says it has rationalised its operations as part of efforts to contain costs and…

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Delta’s investment pays off

HARARE – Delta Beverages investment of over $6,5 million in its Chitungwiza-based Chibuku Super plant has paid off, the units general manager…

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Strike looms at NMB

HARARE – NMB Bank says an impending industrial action by its non-managerial workers is unprocedural. β€œThe intended job action is illegal and…

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Telecel indigenisation forges ahead

HARARE – Investment group Empowerment Corporation (Private) Limited (EC) is to increase its shareholding in Telecel Zimbabwe (Telecel), as the mobile group…

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Interfresh in $3m rights offer

HARARE – Zimbabwe Stock Exchange-listed horticultural concern Interfresh Limited (Interfresh) plans to raise $3 million β€” to recapitalise operations and retire debtβ€”…

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‘Mars still viable’

HARARE – Medical Air Rescue Service Pvt Limited (Mars) remains a viable business entity despite its current operations challenges, provisional judicial manager…

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FBC secures $50m offshore credit

HARARE – Zimbabwe Stock Exchange-listed financial services group FBC Holdings Limited (FBC) says it has secured nearly $50 million in credit lines…

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