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Brighton Gumbo Business Reporter INNSCOR’S fast foods division, Simbisa Brands, has deferred opening of its Bulawayo Chicken Inn drive through facility to end of this month.
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Harare Bureau THE $500 million damages claim brought by Renaissance Financial Holdings Limited and its subsidiaries against the National Social Security Authority, mobile network Econet Wireless Zimbabwe and others is frivolous and should be dismissed with costs, the authority
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Business Reporter THE Agricultural and Rural Development Authority (Arda) is seeking 25,000 hectares of irrigable land under the first phase of its graduation programme aimed at boosting national food security.
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Oliver Kazunga, Senior Business Reporter THE Zimbabwe Microfinance Fund targets to grow cumulative loan disbursement to microfinance institutions (MFIs) to $18 million this year up from $11,2 million in 2015.
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Midlands Correspondent MINES and Mining Development Minister, Walter Chidhakwa, has appointed four members of an eight member board for the Zimbabwe Consolidated Diamond Company (ZCDC) — a merger of diamond firms in the country.
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THE Reserve Bank of Zimbabwe’s decision to officially include the Chinese yuan as a reserve currency could improve liquidity in the country, a South Africa-based research firm has said, but noted Beijing stood to gain more from the arrangement.
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Harare Bureau COMMERCIAL lawyer, Addington Chinake has appealed against a High Court order barring him from acting in litigation involving the liquidation of Capital Bank limited and a claim for damages for over $500 million brought by Rennaissance Merchant Bank founder.
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Harare Bureau Zimbabwe’s largest ferrochrome producer Zimasco has approached the High Court seeking to be placed under judicial management.
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Business Reporter THE Confederation of Zimbabwe Industries (CZI) plans to invite industrial equipment manufacturers this quarter as part of its efforts to help local manufacturing firms replace antiquated equipment.
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Brighton Gumbo, Business Reporter PRODUCERS of purified water and traditional mahewu drink have slashed prices from about $0.50 to as low as $0.20 and $0.25 per 500ml bottle respectively as players in the sector compete for customers.
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Auxilia Katongomara, Business Reporter THE National Social Security Authority (NSSA) has dragged a Bulawayo firm, Clay Products (Pvt) Ltd, to court over a $148,000 debt accrued in unpaid pension contributions and compensation premiums.
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Business Reporter INTERNATIONAL fast food franchise Kentucky Fried Chicken (KFC) could soon bounce back to Bulawayo with its management submitting an application to the Bulawayo City Council to purchase a piece of land at Bradfield Shopping Centre for the establishment of a drive-through restaurant.
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Conrad Mwanawashe, Harare Bureau ZIMBABWE has signed a major trade pact with the World Bank-rated Golden City for Investment Environment in China which seeks to promote investment inflows, trade exchanges and develop economic cooperation.
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Oliver Kazunga, Senior Business Reporter THE government has tightened the issuing of import permits to protect local industry against the influx of cheap imported manufactured products.
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