Business

Afdis volumes decline 35pc

ZIMBABWE Stock Exchange-listed wine and spirit maker African Distillers (Afdis) says business outlook for the company remains bleak as hyperinflation, poor agricultural…

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Nedbank appoints new MD

NEDBANK Zimbabwe Limited has appointed Sibongile P Moyo as its new managing director, taking over from Charity Jinya, who held the leadership…

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Business

20 pc petrol-ethanol blending by 2025

ENERGY minister Fortune Chasi says government is planning to increase petrol-ethanol blending from the current 10 percent to 20 percent by 2025…

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Zim to upgrade aviation system

TRANSPORT minister Joel Matiza says the government is upgrading the country’s air traffic communication systems and equipment in line with technological advancements….

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Business

StanChart invests in young people

BRITISH financial institution Standard Chartered Bank (StanChart) says it is committed to invest in the future of Zimbabwe. StanChart Zimbabwe chief executive…

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Govt urged to adopt a dual currency

AFRICAN Economic Development Strategies (AEDS) has urged government to adopt for a dual currency — where the Zimbabwean dollar and the US…

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Business

Axia profit up 64 percent

AXIA Corporation Limited (Axia) says profit surged 64 percent to $74,76 million in the six months ended December 31, 2019 from $45,42…

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