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Try toll manufacturing: AfDB

HARARE – The African Development Bank (AfDB) says Zimbabwe’s companies must consider engaging in toll manufacturing to increase the country’s depressed industrial…

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Cairns to delist

HARARE – Embattled foods manufacturer Cairns Holdings Limited (Cairns) plans to delist from the Zimbabwe Stock Exchange (ZSE). The group, suspended from…

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IFC snaps ABCH stake

HARARE – The International Finance Corporation (IFC) has acquired a 10 percent stake in regional financial institution ABC Holdings (ABCH) in a…

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Fears over insurers’ collapse

HARARE – The recent measures by the Insurance and Pension Commission (Ipec) to further tighten regulation of the insurance industry could result…

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Gomwe appointed Econet director

HARARE – Econet Wireless Zimbabwe Limited (Econet) has appointed Godfrey Gomwe as non-executive director. Gomwe, Anglo America’s global thermal coal business chief…

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Econet injects $50m into TN Bank

HARARE – Econet Wireless Zimbabwe Limited (Econet) has injected $50 million into TN Bank Limited (TN Bank) towards recapitalisation of the banking…

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Art, FNB deal pending

HARARE – Embattled Art Corporation (Art) says it expects to conclude negotiations with a new investor, reportedly South Africa (SA)-based First National…

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Zim miners reject state control

HARARE – The Chamber of Mines of Zimbabwe, which represents companies including Impala Platinum Holdings (Implats), rejected a proposal for the state…

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