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Delta faces US$54.8 million tax dispute with Zimra
Nyashadzashe NdoroCHIEF REPORTERDelta Corporation, the Zimbabwean beverage giant, is embroiled in a US$54.8 million tax dispute with the Zimbabwe Revenue Authority, Zim Now can reveal.The disagreement...
GMB pays out US$28.7m to wheat farmers
Patience MuchemwaZim Now ReporterPayments for wheat farmers from the last cropping season have been significantly made, the Grain Marketing Board has announced.In a statement, the GMB confirmed that p...
Mashonaland Holdings navigates Zimbabwe’s economic storm
Nyashadzashe NdoroCHIEF REPORTERMashonaland Holdings Limited, a leading property developer in Zimbabwe, released its trading update for the quarter ended March 31, 2024, showcasing positive growth am...
UAE investors land in Harare with multi-million dollar investment package
Nyashadzashe NdoroCHIEF REPORTERA high-powered delegation of investors from the United Arab Emirates touched down in Harare last night, bearing gifts of investment opportunities and aid worth millions...
RioZim loses money despite gold boom: Mine breakdowns, costs blamed
Nyashadzashe NdoroCHIEF REPORTERRioZim Limited, a Zimbabwean mining and metallurgical company, reported a net loss for the year ended December 31, 2023, despite a slight increase in gold production an...
Foreign currency fuels Edgars’ growth, company sees bright future
Nyashadzashe NdoroCHIEF REPORTEREdgars Stores Limited (Edgars), a leading Zimbabwean clothing retailer, reported a significant increase in revenue for the year ended January 7, 2024, despite a challen...
Mutapa appoints new leader for key mining subsidiary, Kuvimba
Kuvimba Mining Acting Group Chief Executive Officer, Trevor Barnard Nyashadzashe NdoroCHIEF REPORTERKuvimba Mining House, a Zimbabwean State-owned mining company, has announced the appointment of Trev...
General Beltings to consolidate market position
Audrey GalawuASSISTANT EDITORGeneral Beltings Holdings Limited expects to consolidate its market positioning in the energy and cement manufacturing sectors in addition to the other non-Platinum Group...
‘2% IMTT will drive USD out of banking system’
Nyashadzashe NdoroCHIEF REPORTERSome analysts have said that government's recent move to standardise the Intermediated Money Transfer Tax on Zimbabwe Gold and US dollar transactions, will lead to flig...
Firming gold prices give Ariana high value in Dokwe
Ariana managing director, Kerim SenerZim Now ReporterAriana Resources has reported a big jump in its Dokwe project value following the rise in the gold price.“This substantial update to the Dokwe Proj...