CFI Holdings has narrowed its after-tax loss to $272 784 in the six months to March 31, from a $6.1 million loss incurred in the prior half year-end, supported by the improved performance of its Farm and City unit.
Fish farmers in Masvingo say the industry is under threat from high regulatory fees which are demanded by different government departments.
Brickmaker Willdale Limited is seeking shareholder approval to dispose of 190.1 hectares of its land that is currently not suitable for mining clay used in brick manufacturing, for $4.75 million which will be used to settle part of the company’s debt obligations.
President Robert Mugabe’s nephew Patrick Zhuwao has described Zimbabwe African National Union-Patriotic Front members who demonstrated against national political commissar Saviour Kasukuwere as idiots.
On 19 April, two of Zimbabwe’s most prominent politicians agreed to join forces to unseat President Robert Mugabe.
Movement for Democratic Change vice-president Nelson Chamisa is reportedly arguing that National People’s Party leader Joice Mujuru should not be given a leading role in the proposed coalition because she is not a tried and tested opposition leader.