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Zimasco (Pvt) Ltd Fights Back Against Hostile Takeover
Zim Now ReporterZimasco (Pvt) Ltd has initiated legal action to contest a court ruling that would allow Avim Investments (Pvt) Ltd, owned by Kwekwe businessman Shepard Tundiya, to take control of the...
Old Mutual praises South Africa's unity government as earnings jump 14%
Nyashadzashe Ndoro- Chief ReporterZimbabwe Stock Exchange-listed African financial giant, Old Mutual, has praised South Africa's government of national unity, citing its positive impact on the country...
ZimTrade Launches Eagles' Nest Agri-Challenge to Empower Young Agripreneurs
Witness Runodada Zim Now ReporterZimTrade has launched the Eagles' Nest Agri-Challenge, a transformative initiative aimed at equipping youth-led agribusinesses with the tools and knowledge needed to b...
Kuvimba Targets Expansion with US$38 Million Investment in Freda Rebecca
Oscar J Jeke- Zim Now ReporterKuvimba Mining House has unveiled a US$38 million investment in its flagship Freda Rebecca gold mine, reinforcing its expansion strategy as it aims to capitalise on recor...
Smuggling Epidemic: Local Businesses Feel the Pinch
Nyashadzashe Ndoro- Chief ReporterThe rise in smuggling is significantly impacting local businesses, with CAFCA, a leading manufacturer and supplier of electrical cables, citing a challenging trading...
Powerspeed's Expansion Hindered by Currency Uncertainty
Oscar J. Jeke- Zim Now ReporterPowerspeed, the parent company of Electrosales, is expanding its operations but says uncertainty over Zimbabwe’s currency policies is hampering its growth.The company, w...
Zimasco Placed Under Corporate Rescue Over US$77 Million Debt
Zim Now Writer Zimasco, one of Zimbabwe’s leading ferrochrome producers, has been placed under corporate rescue following a court application by businessman Shepherd Tundiya. According to court docume...
Invictus Energy faces financial crisis amid fears about company's survival
Nyashadzashe Ndoro- Chief ReporterInvictus Energy Ltd, an Australian-based oil and gas exploration company focused on Zimbabwe's Cabora Bassa Basin, has reported a half-year net loss of US$3,318,765 f...
First Capital suffers setback as High Court blocks property attachment
Nyashadzashe Ndoro- Chief ReporterThe High Court of Zimbabwe has ruled against First Capital Bank in an interpleader application concerning the attachment of immovable property, declaring the attachme...
ASL's big hospitality bet
  Philemon JambayaZim Now EditorAmidst swirling speculation about its shrinking footprint, African Sun Limited (ASL) is charting a bold new course, promising a dynamic expansion and a renewed focus on...