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WestProp Holdings Declares Dividend, Offers Scrip Option to Shareholders

WestProp Holdings Declares Dividend, Offers Scrip Option to Shareholders

Audrey Galawu Assistant EditorWestProp Holdings Limited has announced a dividend payout for the financial year ending December 31, 2023, offering shareholders the choice to receive their dividends in...

By Audrey Galawu •
LPG Prices Remain High Despite VAT Removal

LPG Prices Remain High Despite VAT Removal

Zim Now Writer Government has criticised LPG operators for failing to lower prices despite the removal of VAT on LPG gas, effective January 1, 2025, under Statutory Instrument 195 of 2024.In a stateme...

By Audrey Galawu •
Africa Chrome Fields Granted Another Extension on Duty-Free Diesel Imports

Africa Chrome Fields Granted Another Extension on Duty-Free Diesel Imports

 Oscar J Jeke  Zim Now ReporterThe Zimbabwean government has extended Africa Chrome Fields' duty-free diesel import concession, allowing the company to continue importing diesel tax-free until Decembe...

By Audrey Galawu •
Zimbabwe Seeks to Privatise State-Owned Enterprises to Tackle Soaring Debt

Zimbabwe Seeks to Privatise State-Owned Enterprises to Tackle Soaring Debt

Finance Minister Mthuli Ncube Gilbert MunetsiZim Now WriterZimbabwe is accelerating efforts to privatise several state-owned enterprises in a bid to reduce its mounting public debt, which has surpasse...

By Gilbert Munetsi •
EFT Corporation Appoints Farai Tigere as Managing Director for Zim Operations

EFT Corporation Appoints Farai Tigere as Managing Director for Zim Operations

Audrey Galawu Assistant Editor  Leading African fintech company, EFT Corporation, has appointed Farai Tigere as the Managing Director for its Zimbabwe operations. The appointment is part of the compan...

By Audrey Galawu •
Schweppes Battles Declining Volumes Due To Rising Input Costs, Sugar Tax Impact

Schweppes Battles Declining Volumes Due To Rising Input Costs, Sugar Tax Impact

Audrey GalawuAssistant EditorDelta Corporation Limited’s trading update for the third quarter ending December 31, 2024, revealed a mixed performance across its business units, shaped by rising input c...

By Audrey Galawu •
Zimbabwe’s mining sector shines bright

Zimbabwe’s mining sector shines bright

 Philemon JambayaZim Now Editor- 4 million tonnes: Minerals sold last year, excluding gold and silver- 70%: Contribution of the mining sector to Zimbabwe's foreign exchange inflows- 2030: Target year...

By Gilbert Munetsi •
Giant Cargo Airliner KLM Pulls Out of Harare Route

Giant Cargo Airliner KLM Pulls Out of Harare Route

  Gilbert MunetsiZim Now Writer After more than three decades of plying the Harare-Europe route, KLM Royal Dutch Airlines has announced it will cease its freight operations effective April this year....

By Gilbert Munetsi •
VFEX soars to new heights

VFEX soars to new heights

 Philemon JambayaZim Now Editor 117% Surge in Trading Activity, Market Capitalisation Reaches US$1.3 Billion- 117%: Surge in trading activity- US$57 million: Total market turnover in 2024- US$1.3 bill...

By Gilbert Munetsi •
Closure of Formal Retailers, Wholesalers: CZR Appeals for Presidential Intervention

Closure of Formal Retailers, Wholesalers: CZR Appeals for Presidential Intervention

 Zim Now WriterThe Confederation of Zimbabwe Retailers has made an urgent appeal to the Presidium, seeking intervention to save what remains of the formal retail and wholesale sector in the country. T...

By Gilbert Munetsi •