Saturday, July 31, 2021
Tongaat Hulett finally released its financial results for the year to end-March as well as its restated results for 2018 on Tuesday. The figures show an almost R11.9 billion reduction in the group’s equity, mainly due to a R7 billion...
A South African investor, who was recently awarded a licence for a US$250 million 100MW solar project, claims the deal is being frustrated by officials who are pressing for a bribe. Former South African power utility, Eskom, CEO Engineer Koko...
Listed miner, Bindura Nickel Corporation (BNC), has posted a 158 percent profit increase during the 2020 half year period to US$9.3m from US$3.6m during the comparative period in 2019 due to revaluation of foreign denominated loans and payables and...
Property and woodwork machinery worth millions of dollars were on Monday night destroyed by fire at Glen View Area 8 Home Industry Complex along Willowvale Road in Harare. This was the fourth time this year alone that fire gutted the...
Former Netflix customers who cancelled their subscription months ago have had their accounts reactivated without their consent. BBC Radio 4's You & Yours programme has learned that criminals can log in to dormant accounts and reactivate them without knowing users'...
Veterinary doctors across the country have made sensational claims that some farmers were feeding Anti Retroviral (ARVs) drugs and antibiotics to livestock especially chickens to make them grow faster. This is reportedly causing resistance on humans to conditions like HIV/Aids...
SA’s largest non-grocery retailer Pepkor has thrown in the towel in the Zimbabwe market after struggling to trade amid soaring inflation, fuel shortages and stagnant wages. The company, whose brands include Pep Stores, Ackermans and Shoe City, has closed the...
Local telecoms operator, NetOne has introduced zero-rated transactions on all OneMoney transactions except for the statutory 2% tax and card swipe charges. Speaking to journalists during a press conference at NetOne Headquarters on Monday, Chief Executive Officer Lazarus Muchenje said...
Zimbabwean millers have welcomed a recent government decision to scrap import duty on grain products in attempts to improve the availability of basic foodstuffs among starving citizens. Cabinet last week liberalised the importation of wheat flour, maize grain, maize meal...
EcoCash’s upgrade did not bring much joy to it’s clients with some services missing and a near impossibility of making transactions. Econet said the move to a more secure platform was done, but admitted there were stability issues and said...
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