ART chief executive Ameer quits

HARARE, March 13 (The Source) – Amalgamated Regional Trading (ART)’s chief executive, Tapiwa Ameer has quit the group, two years after his appointment, the company has said. Art has appointed Milton Macheka as the acting chief executive with effect from March 1. Macheka is the… Read More

Axia HY profit down 16pct

HARARE, March 9 (The Source) – Axia Corporation’s after tax profit in the half-year period to December 31, 2016, dropped 16 percent to $7,8 million compared to $9,4 million in 2015, largely on increased operational costs. Revenue at $119 million was 14 percent up on… Read More

Datlabs challenges hit Adcock Ingram profit

BULAWAYO, February 22 (The Source) – South African pharmaceutical group Adcock Ingram says its businesses in Zimbabwe and Kenya have continued to under perform, cumulatively incurring a trading loss of $69,000 in the six months to December, 2016. The Johannesburg listed company has interests in… Read More

Powering Africa’s Future

By Alpha Condé, CONAKRY – When G20 leaders meet later this year in Hamburg, investment in Africa’s future will be high on their agenda. German Chancellor Angela Merkel has already committed to using her presidency of the forum to promote “sustainable growth and jobs” on… Read More