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Radar to offload Border

HARARE – Construction group Radar Holdings Limited (Radar) says it is divesting from its forestry business Border Timbers Limited (Border) to focus…

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IDBZ bond undersubscribed

HARARE – Infrastructure Development Bank of Zimbabwe (IDBZ)’s $30 million infrastructure development bond has been undersubscribed by $17 million. The funds are…

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OK partners EcoCash

HARARE – Zimbabwe Stock Exchange-listed retailer OK Zimbabwe Limited (OK) has partnered EcoCash, Econet Wireless’ mobile money service. This comes after the…

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Motoring indigenisation looms

HARARE – Zimbabwe is making headway in indigenising the motoring industry, with authorities insisting every foreign-owned company should be majority-owned by locals….

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Mimosa indigenised

HARARE – Platinum miner Mimosa has unveiled its indigenisation plan by ceding a 51 percent stake worth $556 million to locals. By…

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IATA to audit Air Zim

HARARE – Air Zimbabwe (Air Zim) says an International Air Transport Association (IATA) team is expected in the country next week to…

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Old Mutual mulls Africom exit

HARARE – Financial group Old Mutual Zimbabwe (OMZ) is reportedly mulling a pull-out from Kwanayi Kashangura’s Africom Holdings Limited, businessdaily can reveal….

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