Companies
Companies
Painful Pruning: CBZ Slashes Workforce to Stay Afloat, Leave Hundreds Jobless
CBZ Holdings, Zimbabwe's leading financial institution by deposit base and asset portfolio, has initiated a workforce optimisation strategy, resulting in the retrenchment of 347 employees. This decis
Feb 03, 2025Companies
Unlocking Zim's Property Potential: Mash Holdings’ Vision for Affordable Housing Solutions
Mash Holdings, a premier property investment and development firm specializing in comprehensive real estate solutions across commercial, residential, and industrial sectors, has identified three criti
Feb 03, 2025Delta Corporation Pays $31 Million in Sugar Taxes, Implements Strategic Mitigation Measures
Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The
Jan 23, 2025
Triangle Limited Embarks on Mass Retrenchment as Government Policies Suffocate Formal Sector
Triangle Limited, a leading sugar manufacturer in Zimbabwe, has embarked on a strategic phased retrenchment initiative aimed at alleviating rising operational expenditures and reinstating profitabilit
Jan 15, 2025Caledonia’s FY2024 Gold Production Meets Analyst Expectations, Cut FY2025 Guidance Despite Circa US$50 Million Capex fro 2025
Caledonia Mining Corporation's FY2024 output of 76,656 ounces has fallen within analyst expectations, amidst a significant capital expenditure program of approximately $41.8 million earmarked for 2025
Jan 14, 2025CHECKMATE: Choppies Checkmated by Informal Traders ,Sells Zimbabwe Operations to Sai Mart
Choppies has sold its operations to Sai Mart effective 1 January 2025 due to struggling under the weight of unfavourable government policies favouring informal traders. This follows after the retai
Jan 03, 2025