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
Liquid secures $660 million in debt financing
Liquid Intelligent Technologies has secured $660 million in debt financing, including a $300 million Eurobond that was two and a…
Read moreTigere to acquire four commercial properties
Fund manager Brett Abrahamse said the Real Estate Investment Trust expects to finalise the purchase of four income-enhancing commercial properties…
Read moreVariable weather hits Ariston production, revenue down 58pct
“The decline in revenue performance reflects weather-related production disruptions earlier in the season and the transitional period associated with restructuring…
Read moreProperty fund Revitus bets on Harare’s moribund CBD revival
Suburban office and retail properties performed well, while CBDs in Harare and Bulawayo faced persistently high vacancies.
Read moreUnifreight acquires FedEx agent Cheetah in $2m deal
Logistics group Unifreight Africa Limited has acquired an 86.67 percent stake in Cheetah Express Logistics – the sole authorized licensee…
Read moreUS$12 million lifeline for Tongaat Hulett
On 16 April 2026 Tongaat’s Post-Commencement Funding facility was extended to 30 June 2026 and increased from R2.3 billion to…
Read moreAir Zim seeking regional, international alliances: MIF
Air Zimbabwe restructuring efforts commenced, including the pursuit of strategic alliances with regional and international partners to enhance technical capabilities,…
Read moreUnifreight plans fleet expansion, targets tobacco industry
The logistics group is targeting the tobacco industry, where volumes are projected to exceed 100 million kilogrammes this year, from…
Read moreMasholdings declares $266 000 final dividend
The final dividend is in addition to a US$260,000 interim dividend paid during the period under review, bringing the total…
Read moreManatsa to retire as BAT chairman
Manatsa will be succeeded by Constantine Chikosi, with effect from 1 July 2026.
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