Axia takes full control of Transerv
Axia Corporation has taken full control of automotive spares retailer Transerv after buying out the company's minority shareholders in a US$1,08 million share-based deal.
Companies
Tongaat’s Zimbabwe operations gain stability
Tongaat Hulett says its Zimbabwean operations – Hippo Valley Estates and Triangle Limited – have entered a more stable phase,…
Read moreWestProp hits $15 million H1 revenue, delays exit offer deadline
WestProp Holdings has moved the closing date of its exit offer for minority shareholders to 9 October, as it nears…
Read moreGeneral Beltings battles cheaper imports
General Beltings is being forced to rethink its production strategy as a credit squeeze and rising local operating costs have…
Read moreEconet InfraCo posts US$70m revenue, to launch flagship property projects in Q4
Econet Wireless Zimbabwe’s spin-off, Econet InfraCo, posted US$70 million in revenue for the half-year ended 31 August 2026, with the…
Read moreFidelity Life awaits ruling on 2015 land deal
Fidelity Life Assurance of Zimbabwe has told shareholders that a land deal it struck with CFI Holdings eleven years ago…
Read moreDirectors cast doubt on ZECO’s future
The directors of heavy engineering firm ZECO Holdings have told shareholders that they are unsure the company will survive going…
Read moreBAT Zimbabwe faces liquidity pressure despite debt-settlement TBs
British American Tobacco (BAT) Zimbabwe is continuing to manage a liquidity squeeze linked to legacy foreign-currency obligations, with the cigarette…
Read moreSimbisa expands restaurant network as customer volumes hit record 53.6m
Simbisa Brands opened 29 new fast-food outlets during the year to June 2026 as the quick-service restaurant operator saw customer…
Read moreMandatory vitamins fortification squeezes Zimbabwe’s sugar industry tighter
The mandatory Vitamin A fortification of sugar is creating heavy cost pressures for Zimbabwean producers, placing local sugar at a…
Read moreVarun Beverages Zimbabwe signs exclusive distribution pact with Mondelez
Varun Beverages Limited Zimbabwe on Thursday signed an exclusive distribution agreement with Mondelez South Africa for leveraging opportunities in the…
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