Business

JOHANNESBURG (Reuters) – Zimbabwe may withdraw mining rights from companies that are taking too long to dig for minerals, the deputy mines minister said on Wednesday, part of efforts to lift output in a sector […]

Government will soon complete the assumption of fixed telecommunications provider TelOne’s US$383 million legacy loans after Cabinet gave its thumbs-up. TelOne managing director Chipo Mtasa said her organisation is currently in negotiations with the relevant […]

JOHANNESBURG – South African businessman Mzi Khumalo has put two of his mining operations in Zimbabwe under business rescue to protect equipment and other assets from creditors. Khumalo’s Mazowe and Shamva mines filed for business […]

Johannesburg – Reviving the ailing Zimbabwean economy requires considerable input and cooperation from the millions of its citizens based abroad, particularly in South Africa, according to Johannesburg-based Zimbabwean entrepreneur and businessman Edwin Anderson. “I would […]

Old Mutual Zimbabwe may shed 10% of its workforce in an effort to resize the business. In an email to employees, seen by Fin24, Old Mutual Zimbabwe said it is offering a retrenchment package to […]

THE price of clear beer has gone up again, hardly a month after Delta Corporation Limited increased the asking price of the commodity by 100 percent following the company’s decision to sell some of its […]

INDEPENDENT data, voice and IP provider, Liquid Telecom has surrendered 8 percent stake to United Kingdom Commonwealth Development Corporation after a successful trade which has seen US$180 million being paid off for the stake. In […]

Cambria Africa announced the appointment of Christian Herbert Beddies as the incoming chief executive officer of its wholly-owned and largest subsidiary, Payserv Zimbabwe, on Friday. The AIM-traded firm said Payserv Zimbabwe owns and operates several financial technology […]