YVONNE NCUBE THREE Bulawayo grandchildren have lost a legal battle to reclaim their late grandmother’s Mzilikazi house after the High Court ruled that they had no legal standing to challenge its sale and had failed to seek the reopening of her estate. The three, Never Nyakane, Lucia Nyakane and Portia Nyakane, had approached the Bulawayo…
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KUDZANAI GEREDE STANBIC and CBZ Bank have successfully raised US$150 million for Caledonia Mining Corporation (Caledonia)’s Matabeleland North project, as the deal also shows local banks’ capacity to shore up local projects. The development comes as the latter has announced plans to raise US$1 billion in credit facilities – with half of that earmarked for…
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Hazel Marimbizain Bulawayo THE Cold Storage Company (CSC) is targeting a revival of the entire beef value chain, with plans to restore its canning, tanning and wet blue operations as part of efforts to maximise value from livestock production and strengthen Zimbabwe’s meat processing industry. The strategy goes beyond increasing slaughtering capacity to rebuilding downstream…
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Kudzanai GeredeSTAFF WRITER WHILE the country is already a signatory to various free trade agreements, including membership of the Common Market for Eastern and Southern Africa (Comesa) and the African Continental Free Trade Area (AfCFTA), it still maintains a host of goods that are either banned from importation or subjected to restrictions, including duty and…
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…as continent moves from AfCFTA ambition to implementation African leaders, policymakers, investors, creatives and members of the diaspora will gather in Accra…
EMIRATES and South African Airways (SAA) today announced an expansion of their codeshare partnership, enabling access to nine cities and establishing the…
US President Donald Trump has reignited one of Africa’s longest-running territorial disputes by reaffirming US recognition of Morocco’s sovereignty over Western Sahara,…