HARARE, August 23 (The Source) – Maize deliveries to the Grain Marketing Board (GMB) for the 2016/17 farming season have exceeded half a million tonnes, an official said on Wednesday. In a speech read on his behalf at an agribusiness conference on Wednesday Vice President… Read More
BULAWAYO, August 21 (The Source) – The cost of poultry products is seen rising following the outbreak of avian influenza in Zimbabwe that has led to a drop in the availability of broiler chicks by nearly 500,000 per week, according to an industry report.
HARARE August 16 (The Source) – Zimbabwe’s tobacco sales are down 7.3 percent to 185,6 million killogrammes after heavy rains affected output, figures from the industry regulator have shown.
HARARE, August 16 (The Source) – Zimbabwe’s raw milk production during the seven months to July declined a marginal 0.84 percent to 37 million litres compared to 37.32 million litres over the same period in 2016. According to figures released by the Ministry of Agriculture’s… Read More
HARARE, August 14 (The Source) – Major shareholders of CFI Holdings have been fighting over control of the agro-industrial group because of its potential to become one of the blue chip stocks on the local bourse, analysts have said.
HARARE, August 10 (The Source) – Stalap Investment’s offer to CFI minority shareholders flopped with no takers as minorities wait for a higher offering on the local bourse.
HARARE, August 10 (The Source) – Dairibord Holdings narrowed its loss in the half year period to June to $845,000 from $1,9 million in the same period last year on improved revenue and a reduction in costs.
BULAWAYO, August 9 (The Source) — Zimbabwean abattoirs have successfully lobbied government to scrap a levy on raw skin and hide exports till the local leather industry has recovered, according to a confidential industry report.
HARARE, July 31 (The Source) – Alarmed Southern African Development Community (SADC) and the Food and Agricultural Organisation (FAO) officials are set to meet from Wednesday following an outbreak of the highly contagious bird flu in key markets of South Africa and Zimbabwe.
By Simbarashe Zishiri, HARARE, July 31 (The Source) – The Zimbabwe Stock Exchange is struggling to bring order to the bourse after gloves came off in the fight for control of agro-industrial group, CFI Holdings pitting British tycoon Nicholas Van Hoogstraten’s Messina Investments and Zimre’s… Read More
HARARE, July 28 (The Source) – The fight for the control of agro-industrial group, CFI Holdings took a new twist on Friday with the Zimbabwe Stock Exchange (ZSE) saying it was not informed that Messina Investments had passed the 35 percent shareholding threshold which compels… Read More
HARARE, July 27 (The Source) – British tycoon, Nicholas Van Hoogstraten on Thursday made a counteroffer to CFI minorities, at 46 cents per share more than double the offer by Stalap as the two rivals intensify their battle for control of the agro-industrial group.Zimre Holdings… Read More
By Simbarashe Zishiri, HARARE, July 21 (The Source) – Agro-industrial group CFI Holdings on Thursday traded at 31,05 cents, 41 percent above Stalap’s minority offer price of 22 cents, raising the possibility of a bidding war among shareholders defending their interests in the agro-industrial group.… Read More
HARARE, July 20 (The Source) – Agro industrial group Zimplow has posted $263,000 profit after tax for the six months to June from a $2 million loss in the comparable period last year.
HARARE, July 20 (The Source) – Beverage giant Delta Corporation on Thursday reported a two percent increase in revenue for the first quarter to June 30 relative to the comparable period last year driven by volume growth in most segments.