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CBZ Holdings Invests US$150 Million In A Housing Project
 Audrey GalawuAssistant EditorCBZ Holdings has invested US$150m in an 8 000 high-end Housing Project through its subsidiary, Datvest.The project called Northgate, is a mixed-use residential park consi...
Unifreight Africa Revenue Recognition Flagged For Potential Fraud
Audrey Galawu Assistant Editor Unifreight revenue recognition in the 2023 annual report has been flagged as an area of concern for potential fraud, prompting the need for specialised audit attention.T...
Invictus completes US$10m institutional placement for Cabora Bassa project
 By Nyashadzashe NdoroChief ReporterIn a significant boost to its Cabora Bassa Project, Invictus Energy Limited has secured a US$10 million investment through a strategic institutional placement, pavi...
Coal plant closures spark job fears
Philemon JambayaAssistant EditorUnion leaders in Zimbabwe's energy sector are raising alarm over the government's plan to close and repurpose three coal-fired power plants. They warn that the move cou...
DISCO hits new milestone: Steel billet production begins at Manhize Plant
Nyashadzashe NdoroChief ReporterDinson Iron and Steel Company, a subsidiary of Tsingshan Holding Group, has commenced production of steel billets at its plant located in Manhize, near Mvuma.The compan...
Zimbabwe on cusp of oil and gas boom as Mutapa Invests in Invictus Energy
  Philemon JambayaAssistant EditorZimbabwe is poised to become a significant player in the global oil and gas industry following a major investment by the Mutapa Investment Fund in the lucrative Invic...
Ariston Holdings warns of tough times ahead due to liquidity crisis
Nyashadzashe NdoroChief Reporter Ariston Holdings Limited has sounded the alarm on the deteriorating operating environment in Zimbabwe, cautioning that tight liquidity conditions will continue to pose...
BAT sees exponential growth in revenue and profit despite challenging environment
Audrey Galawu Assistant EditorWhile tobacco manufacturer, British American Tobacco recorded a negative volume performance in 2023, the group experienced positive movement in revenue and profitability....
Moti proposes Zimbabwean model for South Africa's economic revival
Philemon JambayaAssistant EditorRenowned businessman Zunaid Moti has outlined a practical roadmap for South Africa to attract investment and stimulate economic growth, drawing on his successful ventur...
Zimre Holdings’ Emeritus Expands Operations Into Uganda, Tanzania
Audrey GalawuAssistant EditorZimre Holdings Limited’s Emeritus International (Botswana) which serves as the backbone of the group’s Great Africa Trek has commenced exploits into Tanzania, Ghana and Ug...