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

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

Govt seeks partner for SME bank

HARARE, October 17 (The Source) – The government is seeking a partner for a bank to fund the informal sector and small to medium businesses which it plans to launch early next year, a minister said on Thursday. “Preparations to launch the bank are at… Read More

Pelhams forecasts first half loss

HARARE, September 19 (The Source) – Pelhams Limited is expecting to post a loss in first half to September due to tight liquidity and subdued consumer spending. Addressing shareholders on Thursday, the company’s chief executive Middleton Chikowore said management anticipated the business to return to… Read More

Kaukonde sells off Spar to Innscor

HARARE, Sep 11 (The Source) – Businessman Ray Kaukonde has disposed of his Spar Western region licence and his two flagship stores Brooke and Joina Spar to Innscor, sources familiar with the deal told The Source. Kaukonde in 2011 took over control of the Western… Read More