National Tyre Services Limited expects a profitable full-year after a 14 percent increase in sales for the first half of the 2018 financial year compared to same period last year and cost containment measures.
Regional asset manager Imara Holdings has merged with Mauritius-registered fund, Kura Capital Limited in a deal that will see the creation of a pan-African fund manager with over $200 million in assets.
Light manufacturing group, Innscor reported an 11 percent increase in net income to $33.69 million in the full-year to June, from $30.48 million in the prior year on cost savings.
The Zimbabwe government today announced a committee to investigate all projects that were undertaken by the Zimbabwe National Roads Administration (ZINARA) in the five-year period between 2011-2016, including the $206 rehabilitation of the Plumtree-Mutare highway, after a forensic audit unearthed financial rot at the parastatal.
The Zimbabwean embassy in South Africa today withdrew from First Lady Grace Mugabe’s case in which she is accused of assaulting a South African model Gabriella Engels after its lawyer received death threats from unnamed sources.
Movement for Democratic Change leader Morgan Tsvangirai will address the nation via Voice of America’s Studio 7 on Sunday and will focus on the voter registration that begins on 10 October as well as his health.