Nestlé Invests US$7 Million in Zimbabwean Cereal Production, Bolstering Regional Supply
Staff Reporter Nestlé has injected US$7 million into its Harare cereal manufacturing plant, significantly expanding its production capabilities and solidifying Zimbabwe’s position as a key regional supplier of breakfast cereals across Eastern and Southern Africa. The substantial investment includes the installation of a fourth roller dryer at the facility, which produces Nestlé CEREVITA. This upgrade […]
US$200k Revolving Fund Launched For Cross-Border Traders …As ZPTO call ZIMRA to Conduct Awareness Campaigns
Staff Writer A new US$200,000 Cross-Border Empowerment Fund, designed to provide long-term economic and social support for cross-border traders, was officially launched in the Midlands during a “Cross Border for ED Business Dinner” held at King Solomon’s Hotel. This revolving fund marks a major step in fostering entrepreneurship and innovation at the grassroots level, aligning […]
Seed Co Celebrates 85 Years of Innovation and Pan-African Expansion
Staff Reporter Seed Co, Africa’s leading seed producer, marked its 85th anniversary with a celebration of its legacy in agricultural innovation and regional expansion, showcasing its role in boosting food security across the continent. Founded in 1940, the company has grown from a small Zimbabwean operation into a pan-African leader, supplying over 50,000 metric tons […]
Former Sunday Mail Boss, Edmund Kudzayi on the Run Over US$40k Extortion
DT Correspondent Former Sunday Mail editor Edmand Kudzayi is currently a fugitive after allegedly extorting $US40,000 from West Properties, claiming he would withhold sensitive information about the company from publication. His alleged accomplice, Nominate Chazwe, recently appeared in court before Magistrate Marehwanazvo Gofa, who remanded him in custody until February 13 for a bail application. […]
Agilitee Appoints Sarah Thompson to its Board
Staff Reporter International electric vehicles company, Agilitee Limited, which has a footprint in Zimbabwe, has appointed top American executive Ms Sarah Thompson to its board. This comes as the company is currently restructuring its operations, after relocating its headquarters to the United States. In a statement on Friday, Agilitee chief executive Dr Mandla Lamba said: […]
Businesswoman Successfully Defends Against Loan Shark’s Threats
Court Reporter A HARARE businesswoman has approached the Norton Magistrates Court seeking an interdict to stop a loan shark from communicating with her. She claims the loan shark forced her to pay US$59 650 as interest following threats of being harmed by President Emmerson Mnangagwa’s close security detail. Fungai Golowa, who got a US$13 000 […]
Aussie firm loses AU$5,5m lawsuit against Blanket Mine
Court Reporter THE High Court has dismissed a lawsuit by Australian firm Mining Engineering Consulting Services that was claiming AU$5,5 million from Blanket Mine after the latter terminated its contract and services. The firm had cited Blanket Mine and George Gapu, the arbitrator, respectively, as respondents in the case. Mining Engineering is a private company […]
Zim Commemorates World Standards Day
Online Reporter Zimbabwe joined the global community in commemorating World Standards Day, with various stakeholders acknowledging the government’s efforts to enhance standards during a ceremony in Harare yesterday. This year’s celebrations were held under the theme “A Shared Vision for a Better World,” focusing on Sustainable Development Goal 9 (SDG 9), which emphasizes fostering innovation, […]
Smart Cities Take Centre Stage at Smart Zim Expo
Staff Reporter The inaugural Smart Zimbabwe Conference and Expo scheduled for the end of this month will boost Government’s ‘Smart City’ initiative as stakeholders in the sector will explore sustainable solutions that will transform the country into a hub of economic growth. The two day expo slated for the Harare Showgrounds will discuss a number […]
Simbisa to Invest US$18m in Expansion
Staff Writer SIMBISA Brands, the country’s largest fast-food company, has announced plans to open 36 new stores and revamp an additional 36 in 2025. The expansion and modernization effort, which is projected to cost US$17,8 million, aims to boost customer numbers and diversify the company’s product offerings. Independent non-executive chairman Addington Chinake highlighted that the […]