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US$7m Cheetos Plant Shifts Local Snacks
Zimbabwe’s fast-moving consumer goods sector is entering a decisive shift as Varun Zimbabwe moves to manufacture PepsiCo’s Cheetos locally, a development analysts said  will reshape the country’s snac...
UNDP Climate-Smart Project Targets 116 Households
A climate-smart rural enterprise project being implemented by the United Nations Development Programme in partnership with the Zimbabwean government is expected to benefit 116 households in Muchena, M...
800 000-Tonne Chegutu Plant Nears Production
Zimbabwe’s cement supply outlook is set to change as the US$80 million Shuntai Investments plant in Chegutu approaches commissioning by mid-year, with capacity to add more than 800 000 tonnes to annua...
CAAZ Appoints Dr Eng Tamara Stevenson to Board
Dr Eng Tamara Stevenson  The Civil Aviation Authority of Zimbabwe has appointed Dr Eng Tamara Stevenson as a member of its Board of Directors, strengthening the authority’s leadership with extensive e...
Zimbabwe Targets Global Produce Markets Berlin
Zimbabwe’s horticulture sector is set for international exposure next year after Linda Nielsen, the Chief Executive Officer of the Horticultural Development Council  confirmed that the country will pa...
Tanganda Rights Issue Sets Stage for Possible Innscor Takeover
  Innscor could be on the verge of tightening its grip on Tanganda Tea Company through a proposed US$8 million rights issue, a transaction that, while framed as a recapitalisation effort, carries clea...
Pfuma Fund Private Placement Fully Subscribed, Raises US$25 Million from Public Investors
  The Pfuma Fund Real Estate Investment Trust has successfully closed its private placement after raising US$25 million from public investors, with the offer achieving 100 percent subscription, highli...
Shut down looms for non-compliant foreign-owned businesses, 3-5 years for imprisonment for false declarations
Foreign nationals operating in locally reserved sectors who fail to submit compliance plans face being forced to shut down as the extended deadline approaches.The January 31 deadline, effectively Frid...
Cassava, AXON Strike Deal to Build Africa’s First AI-Driven Operator-as-a-Service Platform
  Cassava Technologies has entered into a strategic partnership with AXON Networks to co-develop and deploy Africa’s first end-to-end Operator-as-a-Service platform, a move aimed at accelerating artif...
Dangote Taps Zim-Born MTN CEO for Fertiliser Board Ahead of Nigeria IPO
Ralph Mupita  Africa’s richest man Aliko Dangote has appointed Zimbabwe-born MTN group chief executive Ralph Mupita to the board of Dangote Fertiliser, as the conglomerate prepares to list the busines...