All posts by: BBA Press

UPDATE 1-South Africa’s Pick n Pay first-half earnings rise 9.5%

by in zimbabweNews

(Adds details) JOHANNESBURG, Oct 22 (Reuters) – South African supermarket retailer Pick n Pay Stores Ltd posted a 9.5% rise in first-half earnings on Tuesday, with strong growth in its core domestic operations outweighing challenges in Zambia and Zimbabwe. Pick n Pay, which also sells clothes, said comparable headline earnings per share (HEPS) for the […]

South Africa’s Pick n Pay posts 9.5% rise in first-half earnings

by in zimbabweNews

JOHANNESBURG, Oct 22 (Reuters) – South African supermarket retailer Pick n Pay Stores Ltd posted a 9.5% rise in first-half earnings on Tuesday, boosted by its core local operations despite challenges in Zambia and Zimbabwe. Pick n Pay, which also sells clothes, said comparable headline earnings per share (HEPS) for the 26 weeks ended Sept.1 […]

Angry Locals, Political Party Activists Call for Reversal of Nurse Recruitment

by in zimbabweNews

Zapu official, John Zolani Ndlovu, says people of Matabeleland and the Midlands provinces are being deliberately left out of national programs due to nepotism in Zimbabwe. Ndlovu made the remarks Monday at Mpilo Hospital. Hundreds of children who did not get nurses training places attended the event

Zimra Q3 revenue tops $6,6 billion

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The Chronicle Business Reporter THE Zimbabwe Revenue Authority (Zimra) has surpassed its revenue target for the third quarter of the year after collecting $6,59 billion, which is 26,55 percent above its target of $6 billion. In a latest revenue performance report, Zimra vice board chair, Mrs Josephine Matambo, said the third quarter ended 30 September […]

Blanket Mine turns to solar power

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The Chronicle Oliver Kazunga, Senior Business Reporter GWANDA-based gold operation, Blanket Mine, plans to install a solar power plant to further reduce dependence on the national grid as well as reduce operational costs. Aim-listed mining group, Caledonia Mining Corporation, which has a 49 percent controlling stake in Blanket Mine said advanced engineering work was underway and […]

CAAZ seeks to operationalise duty free shops

by in zimbabweNews

The Chronicle Pride Mahlangu, Business Reporter THE Civil Aviation of Zimbabwe (CAAZ) is seeking to operationalise its duty-free retail shops in Victoria Falls and Harare and has invited interested companies to submit their applications for consideration. The authority said successful entities would operate duty-free shops at the Robert Gabriel Mugabe and Victoria Falls International Airports on a concession […]

Beitbridge unlocks baobab processing opportunity

by in zimbabweNews

The Chronicle Leonard Ncube, Victoria Falls Reporter THE baobab tree has become an important source of enhanced livelihoods in Zimbabwe.  Communities that live in regions where the tree is found are now using it as a source of income as well as for medicinal purposes. It appears it took many years for people to realise that […]