• National Foods plans $10mln capex for FY16

    Thursday, 19 November 2015 CHANNELZIM

    Agro-processing firm, National Foods Holdings, is expecting to spend nearly $10 million in the 2016 financial year with the bulk of the funds going towards plants upgrade, a senior company official has said. Michael Lashbrook, National Foods chief executive told shareholders at the company’s...

  • Cafca FY15 net profit falls 15pct

    Thursday, 19 November 2015 CHANNELZIM

    Cable manufacturer Cafca on Thursday reported a 15 percent decline in net profit to $1,7 million in the full year to September as the company sacrificed margins to push local sales and export...

  • Govt measures fail to stem imports tide – CZI chief

    Thursday, 19 November 2015 CHANNELZIM

    Government has failed to stem the tide of imports despite a raft of measures to restrict the flow of foreign goods, leaving local industry on the brink, the Confederation of Zimbabwe Industries (CZI)...

  • Metallon sees gold output at 30pct below 150,000 oz target on power cuts

    Thursday, 19 November 2015 CHANNELZIM

    Zimbabwe’s largest gold producer Metallon Gold says it is unlikely to meet its full year target of 150,000 ounces as production at its mines has been severely affected by continued power...

  • Hailstorms destroy property

    Thursday, 19 November 2015 Radio Dialogue

    A Cowdray Park family was Wednesday left homeless when a heavy hailstorm destroyed their eight-roomed house. According to the neighbours the incident occurred in the afternoon following a bout of...

  • Zanu Won't Change Constitution to Accommodate Grace Mugabe's Political Ambitions

    Sunday, 15 November 2015 VOA Studio 7

    Speculation has been rife in Zimbabwe that the Zanu PF constitution could be changed at its forthcoming December conference to make room for First Lady Grace Mugabe to take over the leadership of the...

  • Barclays Bank: a flight to safety?

    Thursday, 12 November 2015 CHANNELZIM

    The latest half year results are not the best that Barclays has produced in recent years, but they provide the comfort that the bank is still on a solid path. Coupled with FY2014 sterling results, we...

  • U.K. Charity Prepares For Zimbabwe Charity Ball For Vulnerable Communities

    Thursday, 12 November 2015 VOA Studio 7

    Zimbabweans in the United Kingdom are preparing for a gala dinner at the Hilton Hotel in Reading, Berkshire, on Saturday to raise funds for disadvantaged children and communities in Zimbabwe. The...

  • Econet Wireless: too late to jump ship?

    Wednesday, 11 November 2015 CHANNELZIM

    Econet Wireless has lost more than half of its capitalisation since the beginning of the year. This is a gut wrenching time for institutional funds and retail investors alike who have held Econet as...

  • Zim gets $15mln irrigation grant from Japan

    Tuesday, 10 November 2015 CHANNELZIM

    Japan has extended a $15 million grant to Zimbabwe, the first since 2000, to develop irrigation systems and improve food security in the eastern part of the country as the nations seek to revive...

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