Old Mutual seeks to acquire Marsh Zimbabwe
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s premier insurance provider, Old Mutual Zimbabwe has approached the Competition Tariff Commission seeking to merge with Marsh Zimbabwe. Both firms are in the financial and insurance…
Moyo lands finance director gig at Econet
TweetShareSharePin0 SharesBy ETimes Listed telecoms giant, Econet Wireless today announced that it will have a new finance director beginning Wednesday March 1, 2023. In a statement, Econet said, “We are…
CFI fertilizer sales tumble as supply, real price increases constraints linger
TweetShareSharePin0 Shares…but revenue up 9.9% in Q1 By ETimes CFI Holdings’ inflation adjusted revenues for the quarter ending 31 December 2022 surged by 9.9% over the prior year period despite…
CAFCA first quarter export volumes decline
TweetShareSharePin0 SharesBy ETimes CAFCA, the only cable manufacturer in Zimbabwe, says its export volumes declined by 34 tonnes in the first quarter ended 31 December 2022 but it remains optimistic…
OMU headline earnings weighed down by Zimbabwe business
TweetShareSharePin0 SharesBy ETimes Old Mutual Limited (OMU) says it will continue to exclude the results of its Zimbabwean business from adjusted headline earnings owing to the persistent effects of hyperinflation…
Goldstar Sugars resumes operations after 6 day closure
TweetShareSharePin0 SharesBy ETimes Goldstar Sugars (GSS) has resumed operations at its Harare Refinery after being temporarily closed for six days over a raw sugar price dispute with a supplier in…
ART to cut energy demands, costs and consumption by 5%
TweetShareSharePin0 SharesBy ETimes Listed manufacturing group Amalgamated Regional Trading (ART) expects to reduce overall energy needs, expenses, and consumption by 5% per year. This comes as the availability of energy…
‘Currency volatility stifles consumer spending’
TweetShareSharePin0 SharesBy ETimes Starafrica Corporation says the company will continue to tighten its cost mitigation strategies so as to improve productivity and operating profitability across its business units. The Zimbabwe Stock…
Let’s join hands to fight childhood cancer – Premier Auto
TweetShareSharePin0 SharesStaff Writer Premier Auto has urged the business community to join the fight against childhood cancer by capacitating institutions leading cancer relief programmes as well as running awareness campaigns…
Goldstar shuts refinery operations over an increase in raw sugar prices
TweetShareSharePin0 Shares…engages top supplier to find lasting solution Goldstar, the country’s largest sugar producer, temporarily closed its refinery and sent employees on indefinite leave owing to a rise in raw…