Business

Government fails to pay bonuses

February 22, 2018 Staff Reporter 0

HARARE – Civil servants are fretting over government’s delay in paying them their 2017 bonuses, two months into 2018. Civil servants’ unions who spoke to the Daily News yesterday said most government workers had given up […]

Business

Revenue up by 18% for Afdis in Zimbabwe

February 16, 2018 Staff Reporter 0

HARARE  – Distell’s unit in Zimbabwe, African Distillers (Afdis), has remained resilient as alcohol consumers switch from lager beers to spirits and cheaper whiskies, with the company saying interim revenue jumped 18 percent to $16.5 […]

Business

Zimasco comes off judicial management

February 8, 2018 Staff Reporter 0

HARARE,– Zimbabwe’s largest ferrochrome miner, Zimasco on Thursday announced that it had come out of judicial management after nearly two years. The judicial manager, Grant Thornton’s Reggie Saruchera said in a statement the board and […]

Business

Unilever Zimbabwe set for a rebound

February 7, 2018 Staff Reporter 0

The key outcomes of foreign direct investment (FDI) are already manifesting after multinational company Unilever made a capital investment of close to half a million dollars towards transforming its Unilever Zimbabwe factory capacity on its […]

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