OLD Mutual Zimbabwe has unveiled a US$12 million residential development project in Harare, featuring the construction of standalone houses and high-rise residential units, a significant investment in the country’s housing market The project will be completed in phases. The first phase is expected to be completed within 12 to 18 months at a cost of […]

FIRST Capital Bank Zimbabwe (FCB) is set to leverage its Victoria Falls Stock Exchange (VFEX) listing to attract “high-quality funding,” the financial institution said. Last year, the bank secured credit lines worth US$33,32 million. Of this amount, a €12,5 million (US$13,32 million) credit line came from the European Investment Bank and US$20 million from the […]

CLOTHING retailer Edgars Stores Limited says the company will focus on cost-competitiveness by improving the efficiency of its value chain to make its products affordable amid El Niño-induced drought. Edgars expects consumers to tighten their budgets amid an El Niño-induced drought expected to reduce disposable incomes as consumers prioritise essentials to combat the effects of […]

DAIRY processor Dairibord Holdings Limited (Dairibord) is seeking to buy back its shares as it moves to boost shareholder value, NewsDay Business can report. A company may repurchase its shares to reduce the cost of capital, consolidate ownership, preserve stock prices, boost its key financial ratios and make its balance sheet attractive to investors. Share […]

DIVERSIFIED firm, Zimplow Holdings Limited (Zimplow) is in the process of insulating itself against the El Niño-induced drought and softening mineral prices, as these challenges will negatively impact its bottom line. Zimplow provides agricultural, mining and infrastructural engineering quality and innovative equipment solutions. Under the agricultural segment, it operates its Farmec, Valmec and Mealie Brand […]

EALTOR Dawn Properties Consultancy Private Limited (Dawn) has been recertified with the ISO 9001:2015 Quality Management Systems, a globally-recognised standard for quality management. Dawn provides real estate services in property management, valuations, agency and projects in Zimbabwe and the wider region. In his remarks at the ISO certification event held in Harare, on Tuesday, Dawn […]