Business

Zim eyes USD30bn mining industry by 2030

Ndaka Majaka ZIMBABWE is eyeing a USD30 billion mining industry by 2030 as the country strives to achieve Upper Middle Income Status in the next decade, a cabinet minister has said. Mines and Mining ...

Tongaat gets tough on child labour

Tawanda Mangoma The country’s largest sugar producer, Tongaat Hulett Zimbabwe has threatened not to process sugar cane supplied by private sugar growers who engage in unorthodox labour ...

Truworths cries foul over Diaspora exits

Ndaka Majaka Zimbabwean clothing retailer, Truworths, has been forced to write-off over ZWL$450 000 as defaulters abandon their accounts and leave for the diaspora. Speaking at the retailer’s results ...

Is a new dawn beckoning for Falgold?

Ndaka Majaka STRUGGLING gold concern, Falcon Gold Zimbabwe Limited (Falgold), says it isengaged in crucial discussions with a potential suitor, amid indications the ailingminer could have a new owner ...

New boss for BAT

Ndaka Majaka ZIMBABWE’S largest cigarette manufacturer, British American Tobacco (BAT), has appointed South African Kimesh Naidoo as its new Managing Director, ZTN has learnt. According to ...

Simbisa expands regional footprint

Ndaka Majaka FAST foods giant, Simbisa Brands Limited, says it is expanding its business outside Zimbabwe to offset local economic challenges which have knocked sales volumes. The company’s Chief ...