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Dairibord sticks it out in Malawi

HARARE – Listed milk processor Dairibord Holdings Limited (Dairibord) says it is retaining its Malawi-based business for strategic reasons, despite the unit…

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Cambria revenue up 48pc

HARARE – Cambria Africa (Cambria)’s revenue surged 48 percent to $12 million in the year to December 2012 from $8,1 million recorded…

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Turnall in $2,5m investment

HARARE – Listed asbestos manufacturer Turnall Holdings (Turnall) has invested $2,5 million in a new equipment to boost capacity and revenue. The…

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FBCH revenue up 19pc

HARARE – Zimbabwe Stock Exchange-listed financial services group FBC Holdings Limited (FBCH) recorded $74 million revenue in the year to December 2012,…

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Chinese firm in Gwayi coal project

BULAWAYO — China Africa Sunlight Energy (Case), a Chinese coal and coal bed-methane mining company which failed an Environmental Impact Assessment (EIA)…

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Samsung cautious on Zim

HARARE – Despite targeting a $10 billion growth in Africa by 2015, Samsung Africa Electronics (Samsung) says it will not optimally invest…

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Lifestyle eyes SA

HARARE – Lifestyle Holdings’ (Lifestyle) plans to set up retail operations in South Africa (SA). This follows shareholders’ approval last Friday to…

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Lafarge revenue up 41pc

HARARE – Listed Lafarge Cement Zimbabwe (Lafarge)’s revenue surged 41 percent to $69,9 million in the year ended December 2012, buoyed by…

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