Harare, (New Ziana) – Tourism and hospitality group, African Sun Limited (AfriSun) slumped to an inflation adjusted loss of $1.5 billion for the year ended December 2020 as the group took a hit from effects of the Covid-19 pandemic. In 2019, the group posted a profit of $839 million. Due to low activity in the […]
Harare, (New Ziana) – Meikles Limited said on Thursday it plans to unbundle its tea producing subsidiary, Tanganda Tea Company and separately list it on the Zimbabwe Stock Exchange (ZSE) as the firm continues to restructure its operations. Tanganda became part of the Meikles group in 2007 following a short-lived merger that also included Kingdom […]
Harare, (New Ziana) – Finance and Economic Development, Professor Mthuli Ncube on Wednesday kicked of a global roadshow to market the country as a fertile investment destination following reforms government has undertaken to improve the economic environment. Dubbed the Zimbabwe Global Investment Roadshow, the initiative that began with a meeting with investors in Cape Town […]
Harare (New Ziana) -The Zimbabwe government has approved the framework for cooperation with the Russian Federation State Atomic Energy Corporation as it explores the feasibility of using nuclear energy as an alternative source of power, a cabinet minister has said. The tie-up could culminate in the establishment of a centre for nuclear science and technology […]