KFC returns to Zimbabwe

By Onai Paswani-Abote, HARARE, November 19 (The Source) – KFC, an international fast food franchise with a presence in more than 80 countries, will make a return to Zimbabwe with the opening of an outlet in Harare on 15 December after two Zimbabwean businessmen acquired… Read More

ZSE starts week on a high

HARARE, November 18 (The Source) – The stock market began the week on a high note with the main industrial index adding 1.04 points to close at 217.27 points. Big cap counter Delta piled on 2.50 cents to 150.50 cents, continuing on the previous week’s… Read More

Munyeza acquires Mugg & Bean franchise

By Onai Paswani Abote, HARARE, November 17 (The Source) – Hospitality group African Sun’s chief executive Shingi Munyeza has acquired the franchise for South African food outlet, Mugg & Bean for the Zimbabwean market. Munyeza told The Source that he acquired the franchise for the… Read More

ZSE ends week on a high

HARARE, November 15 (The Source) – The stock market gained 3.78 points in the week to Friday due to sustained  investor interest in heavyweights. Among the top three counters, beverage Delta, which released its interims on Wednesday, added eight cents in the week to 148… Read More

Lower lager volumes hit Delta half-year revenue

HARARE, November 13 (The Source) – Zimbabwe’s largest beverage manufacturer Delta’s revenue for the half-year to 30 September grew five percent to $315.5 million, underpinned by a similar growth in volumes, reflecting a depressed  market. The brewer, a local unit of the London- headquartered SABMiller,… Read More