Mutapa To Prioritise National Interests – Dr Mangudya
DT Correspondent
The Sovereign Wealth Fund of Zimbabwe, through the Mutapa Investment Fund (MIF), is committed to serving the national interest and creating value and wealth for the country, MIF chief executive officer Dr John Mangudya has said.
Tafadzwa Zinyurugwi’s Vision Behind the Wheel
DT Correspondent
What began as a journey filled with rejections and repeated failures in obtaining a personal driving license has transformed into a thriving enterprise that employs over 12 individuals and boasts a fleet of 20 vehicles.
Direct Harare-London Flights Set to Resume Soon
DT Correspondent Direct flights between Harare and London are set to resume next month as Fly Phoenix, a Zimbabwean-owned business venture, is in the process of obtaining all the necessary approvals and clearance from aviation authorities. This highly anticipated service will utilise the spacious Airbus 330-200 aircraft, capable of accommodating over 300 passengers, and is […]
Nissan Targets to Regain Market Share
…as Company Embarks on Daring Africa 2024 Adventure DT Correspondent NISSAN Zimbabwe has rolled out several initiatives to regain 30 percent of the market share despite the stiff competition in the local market. The company’s market share currently stands at 25 percent. “We want them to go back to the 30 percent; directly, we want […]
AgriFoods Sales Volumes Up 18 Percent
DT Correspondent Agrifoods says its sales volumes for the first quarter ended December 31, 2023, grew by 18 percent to 9 832 tonnes from 8 313 tonnes sold in prior year on account of improved product availability. The company said significant achievement in a difficult operating environment was due to improved strategic agreements with suppliers […]
Fastjet to Increase Daily Flights from Victoria Falls to Nelspruit Kruger, Launches Amazing Zimbabwe Campaign
DT Correspondent
Fastjet, a value carrier airline, has announced plans to introduce daily flights from Victoria Falls to Nelspruit Kruger Mpumalanga in South Africa, aiming to support local and regional tourism by enhancing connectivity between these popular tourist destinations.
Tanganda to Expand Regional Market, as Exports Double
DT Correspondent
HARARE: Tanganda Tea Company’s packaged exports grew by 100 percent in the first quarter ended December 31, 2023, owing to improved logistical arrangements.
ART to Dispose Underutilised Mutare Land
DT Correspondent HARARE: ZSE-listed stationery and battery manufacturer, Amalgamated Regional Trading Corporation (ART) says the company’s plans to dispose of underutilised land in Mutare are ongoing. In a trading update for first quarter to December 31, 2023, ART chief executive Milton Macheka, says the group will continue its drive to reduce short term borrowings whilst […]
Major Shake-up at African Sun
DT Correspondent Zimbabwe’s leading hotel asset management company, African Sun has announced the departure of its current Chief Executive Officer Peter Saungweme, who stepped down from his position last Friday, after barely two years at the helm. The Victoria Falls Stock Exchange listed firm has appointed Lawrence (“Laurie”) Ward as the Acting Chief Executive Officer […]
PLZ Achieves Nearly 300,000 Tonnes of Lithium Concentrate Production in 2023
Mining Correspondent Prospect Lithium Zimbabwe (PLZ), the owner of the Arcadia lithium mine in Goromonzi announced that it produced approximately 280,000 tonnes of lithium concentrate in 2023. The company is now planning to double its production for the year 2024 despite facing challenges due to the softening commodity prices affecting its plans. Henry Zhu, the […]