Home » Archives by category » Business » Company

Oilslick Distribution

Oilslick Distribution

TRENDING distributor of cleaning chemicals in the Matabeleland region — Oilslick Distribution (Private) Limited — has unpacked a new, advanced product called Double Action Bio-Enzyme Granules which is a blend of freeze-dried bacteria and enzymes specially formulated to rapidly digest organic waste, reduce both bad odour and attack larvae of flies to reduce the fly […]

KFC chickens out of Zim operations, feathers ruffled by currency crunch

KFC chickens out of Zim operations, feathers ruffled by currency crunch

Zimbabwe’s new currency and tax reform measures seem to be coming home to roost. KFC Africa has announced it has suspended operations in Zimbabwe, citing “current pressure on the country’s economy”, a further dent on the country’s attempts to attract new investment. Like many businesses, KFC’s feathers appear to have been ruffled by a new […]

Big Zimbabwe companies, shops close…as situation gets worse..Edgars, Spar

Big Zimbabwe companies, shops close…as situation gets worse..Edgars, Spar

More companies continued to temporarily shut down today as they feel the heat of the market forces which have seen a sharp rise of prices for basic stuffs. In other instances companies that sell raw materials are only demanding the scarce green buck scaring away retailers. Most of these reputable firms as Edgars and Spar […]

Zimbabwe Banks, companies under probe

Zimbabwe Banks, companies under probe

The Zimbabwe Anti-Corruption Commission is setting up a special investigating team to focus attention on companies and banks involved in shady deals in violation of the country’s laws. The team will also target retailers and food outlets who do not bank cash. Most of them are reportedly channelling the cash into the parallel market. Addressing […]

Zimbabwean Duo Find A Fortune In Their Backyards

Zimbabwean Duo Find A Fortune In Their Backyards

Where most youngsters would opt for a business degree before stepping into business, Ropafadzo Zimunya and Munashe Musarurwa did it the other way around. In a small town named Mutare in Zimbabwe, just out of high school, the now 20-year-olds looked inwardly for inspiration, and found it in their backyards. The co-founders of a company […]

Parastatal reform crucial in a new Zimbabwe

Parastatal reform crucial in a new Zimbabwe

HARARE – Among the plethora of problems that will face the new government when it is sworn in and starts work, is the urgent issue of reform of the 105 State-owned enterprises (SOEs) that are currently managed by line ministries on behalf of taxpayers who are the owners or shareholders. Few other issues will demand […]

Energy Giant Eskom Posts U.S.$170 Million Loss

Energy Giant Eskom Posts U.S.$170 Million Loss

Eskom suffered a net loss of R2.3bn in 2018, compared with a R0.9bn profit the previous year, the state-owned power producer revealed at its financial results presentation on Monday. CEO Phakamani Hadebe said the poor results were compounded by allegations of corruption and mismanagement, challenges of governance and negative investor sentiment. The power utility said […]

Ethiopian to Resume Flights to Asmara

Ethiopian to Resume Flights to Asmara

Ethiopian Airlines disclosed that it has finalized preparations to resume daily flights to Asmara, Eritrea as of July 17 with the most technologically advanced commercial aircraft, the Boeing 787. The flight resumption follows agreements reached in Asmara between Prime Minister Dr. Abiy Ahmed and Eritrean President Isaias Afewerki. CEO of Ethiopian Airlines, Tewolde Gebremariam said […]

New Rwanda Bean Coffee Company Opens in U.S.

New Rwanda Bean Coffee Company Opens in U.S.

A new Rwandan owned coffee shop and roaster has officially opened its doors in South Portland, a city in Cumberland County, Maine, United States. The shop was founded by Mike Mwenedata; a 32-year old Rwandan who lives in the US. According to the Rwandan Embassy in the USA, the new business – Rwanda Bean Coffee […]

Heroin is Mozambique’s Second Biggest Export

Heroin is Mozambique’s Second Biggest Export

Mozambique is a significant heroin transit centre and the trade has increased to 40 tonnes or more per year, making it a major export which contributes up to $100 mn per year to the local economy. For 25 years the trade has been controlled by a few local trading families and tightly regulated by senior […]

Page 1 of 41234

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone