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African Distillers Limited (Afdis) volumes grows up by 28%

Harare - The leading manufacturer and distributor of wines, spirits and ciders African Distillers Limited (Afdis), has registered a volume growth of 28% for the...

Old Mutual Gives Notice to Fire CEO

JOHANNESBURG - Insurance giant, Old Mutual is to fire chief executive officer (CEO) Peter Moyo after suspending him last month over conflict of interest. It said on...

Zimbabwe Gazettes New Mining Fees

HARARE - Zimbabwe has gazetted new mining fees that take into account the inflation rate since the last review of the fees. The Mining (General)...

MTN Said to Earmark Stake in Botswana Venture for Sale

The MTN Group is considering the sale of its stake in Botswana’s largest wireless carrier, according to people familiar with the matter, as chief executive officer Rob...

Richard Branson’s Virgin Galactic plans to go public: source

LONDON - Richard Branson’s space-tourism venture, Virgin Galactic, plans to go public as part of a deal with a special purpose acquisition company (SPAC) created...