INDUSTRIALS & ENERGY

Unilever launches 'Omo wash and fly to Dubai promotion'

UNILEVER last week launched the "Omo Wash and Fly to Dubai Promotion" that will see five lucky winners getting an all-expenses paid trip to Dubai plus US$800 spending money.The promotion was launche...

By Staff reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

TelOne requires US$76 million to roll countrywide fibre optic network

FIXED telecommunications service provider TelOne says it requires at least US$76 million to roll out its fibre optic network across the country, The Sunday Mail Business has learnt.The telecoms com...

By Staff Reporter | Published: 10 June 2013

COMPANIES

Masvingo-Beitbridge highway accident - four people die

Four people died, three of them on the spot, when a minibus they were travelling in burst a rear tyre and veered off the road before landing on its roof in Mwenezi along the Masvingo-Beitbridge highwa...

By Staff Reporter | Published: 27 April 2013

TRADE & INDUSTRY

ZITF roars into life today

The annual Zimbabwe International Trade Fair roars into life today with a number of exhibitors late yesterday racing against time to complete their stands ahead of the country's largest trade showca...

By Staff reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Bulawayo hotels fully booked

The   country's    second   largest   city, Bulawayo,  has virtually run out of hotel accommodation ahead of the of the Zimbabwe International Trade...

By Business Reporter | Published: 10 June 2013

TRADE & INDUSTRY

ZITF set to roll

All is set for the 54th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo with a number of exhibitors and visitors already in the city ahead of the premier trade showcase which sta...

By Business reporter | Published: 10 June 2013

MINING & RETAIL

New Dawn increase gold production from its five mines

CANADA based gold miner New Dawn Mining on Thursday said it has produced 2% more gold from its five mines quarter-on-quarter in the first quarter ended March 31.The junior produced 9,253 oz in the p...

By Business reporter | Published: 10 June 2013

TRADE & INDUSTRY

16 countries to participate at Zimbabwe International Trade Fair

SIXTEEN countries will participate at this year's Zimbabwe International Trade Fair with Ghana coming in as a new entrant.The trade fair runs from  23 to 27 April at the Zimbabwe International...

By Staff Reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Datlabs losses Ingrams' Camphor Cream licence

TIGER Brand of South Africa has cancelled an arrangement under which Datlabs (Private) Limited Zimbabwe's pharmaceuticals and personal care products manufacturer and Bulawayo firm had manufactured t...

By Business reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Delta Beverages launches Chibuku Super

DELTA Corporation, Zimbabwe's largest company in terms of market capitalisation, has moved in to further entrench its blue chip status by announcing the launch of a new beverage. According to the li...

By Business Reporter | Published: 10 June 2013

MINING & RETAIL

Murowa Mine's diamond production decreases

PRODUCTION at Murowa Diamond Mine has decreased from 98 000 produced during the first quarter to 79 000 carats, the parent company Rio Tinto has said.The mine's first quarter output was however high...

By Staff reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Air Zimbabwe ventures into chicken business

The poultry business had become so lucrative at the height of the country's economic crisis that Air Zimbabwe and the Civil Aviation Authority decided to get into the business and fly out day-old ch...

By The Poultry Site News Desk | Published: 10 June 2013

INDUSTRIALS & ENERGY

Delta Beverages revenue grows by 14%

Delta publishes full year trading update saying total beverage volumes closed the year flat on prior year as the growth in Lager beer, sparkling beverages and maheu was offset by the decline in sorg...

By Business reporter | Published: 10 June 2013

MINING & RETAIL

RioZim projects revenues of $185 million

RioZim expect revenues of $185 million in the year 2013 compared with $72 million last year whilst EBITDA is expected to be at $23 million compared with $7 million in 2012, group CEO Ashton Ndlovu t...

By Business reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

Powertel billing system to be ready by July

INTERNET provider PowerTel says it will start billing customers for the actual data accessed in July when the new billing system that was acquired last month has undergone the necessary tests to mak...

By Staff reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

Econet to remain dominant in Zim telecoms sector

FINANCIAL and equity analysts, IH Securities, believe Econet Wireless will remain the dominant company in the telecommunications sector, despite seemingly losing about 9,3 percent of the market sha...

By Business reporter | Published: 10 June 2013

FINANCIAL SERVICES

Trust Bank pulls out of ZimSwitch

Trust Bank lurched into crisis this week after it failed to produce full-year results to December 31 2012 before the deadline. The ZSE and the Securities Commission said this week letters had been ...

By Staff reporter | Published: 10 June 2013

MINING & RETAIL

Blanket Mine gold output up

Blanket Mine has recorded a 14% growth in gold output for the first quarter ending March 2012 compared with the same period last year on the back of strong prices of the bullion, the company has an...

By Business reporter | Published: 10 June 2013

INDUSTRIALS & ENERGY

Improved underwriting profits boosts TA Holding's performance

TA Holdings' operating income grew 234% to $5.5 million due to improved underwriting profits from the insurance company, CEO Gavin Sainsbury told an analysts briefing yesterday. This resulted ...

By Business reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

Telecel offers huge discounts on calls, texts and data

Telecel has launched a new promotion that reduces the cost of off-peak calls to less than one cent per minute, removes any charge for text messages and allows data to be accessed at just three cents...

By Chengetai Chinembiri | Published: 10 June 2013

TELECOMS & TECHNOLOGY

Econet official speaks on EcoCash

EcoCash Interview: How is relationship with Zimbabwe central bank? http://www.youtube.com/watch?v=_HnAUYAOnCg ...

By Staff reporter | Published: 10 June 2013

MINING & RETAIL

TM Supermarkets invests $25 million in stores refurbishment

TM Supermarkets has invested a further $25m into the retail chain, with the money aimed at transforming its retail outlets through refurbishment of the group's 50 stores across the country.Two of TM...

By Business reporter | Published: 10 June 2013

LANDS & AGRICULTURE

Zimplow to achieve operating profit or break-even by half year

Zimplow Holdings will probably achieve an operating profit or at least break-even for the half year, CEO Zondi Kumwenda told the AGM last Thursday. "There will be discontinued operations within...

By Business reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Air Zimbabwe resumes daily flights to Vic Falls, Byo and Joburg

Air Zimbabwe has resumed daily flights to Victoria Falls, Bulawayo and Johannesburg to cater for the increasing demand on these routes, particularly as the Zimbabwe International Trade Fair approach...

By Staff reporter | Published: 10 June 2013

TELECOMS & TECHNOLOGY

Telecel risk losing its Zimbabwe operating licence

Government says Telecel Zimbabwe risks losing its operating licence if it fails to comply with the Indigenisation and Economic Empowerment Act.As the mobile operator's saga unfolds, government thro...

By Business reporter | Published: 10 June 2013

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