ZIMBABWE’s ailing firms have been urged to focus on consolidating their market share next year in the face of deteriorating economic conditions. (more…)

NAMPAK Zimbabwe (Nampak) says it has been facing product supply challenges due to lack of raw materials emanating from shortages of foreign currency. (more…)

ZIMPLOW Holdings (Zimplow) says an increase in exports at one of its units is paying off after registering strong growth as demand on the domestic market remains depressed. (more…)

TONGAAT Hulett (Tongaat) says land expropriated at its Zimbabwe operation resulted in an unexpected R4 billion write down bringing total write downs for the year to March 2019 to R11,8 billion, in a restatement of its results after an audit unearthed accounting malpractices. (more…)

REGIONAL sugar producer Tongaat Hulett (Tongaat) says it will investigate its former and current managers after an audit unearthed an accounting scandal at its Zimbabwean unit. (more…)