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

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

South African miner eyes Kamativi – ZMDC

BULAWAYO, November 7 (The Source) – The Zimbabwe Mining Development Corporation is talking to a South African company over a possible multi-million dollar joint venture to revive Kamativi Tin Mine in Matabeleland North, an official said on Thursday. “We have been working with a South… Read More

Govt to review Zimplats indigenisation deal

HARARE, October 31 (The Source) The Zimbabwe government is reviewing previous empowerment deals with foreign owned companies, including the $971 million agreement with the local unit of South Africa’s Impala Platinum. Implats which owns 87 percent of Zimplats, in January this year signed a deal… Read More