Zimbabwe’s largest milk processor, Dairibord yesterday said revenue for the first four months to April 30 was two percent below comparable period last year, due to incessant rains and system migration challenges faced during the group consolidation process.
First Lady Grace Mugabe’s greatest fear is that no one will protect her and she could be publicly humiliated after her husband dies, a South African news organisation reported today.
Zimbabwe imported disposable napkins worth $3 million in the first quarter of the year, more than enough to resuscitate stricken local towel and napkin maker, Merlin.
Zimbabwe Revenue Authority (Zimra) commissioner Gershem Pasi, who has been on suspension since last year, has quit the tax agency, its chairperson Willia Bonyongwe said today.
NMB Holdings says it has secured a $5 million line of credit from a regional finance house for on lending to the productive sector, including small to medium enterprises.
London-listed junior miner Vast Resources has postponed the conclusion of the sale of nearly 50 percent of its shares at its Zimbabwe operations citing delays in approval of the transaction by the Reserve Bank of Zimbabwe.