Milk processing giant, Dairibord Zimbabwe Limited (DZL) says a total 28, 5 million litres of raw milk was utilized in just a year on the back of the group’s resilient performance in the midst of a challenging economic environment. Presenting an annual report for the period ended December 31 2022, DZL chairman, Josphat Sachikonye said […]
Tag: Company News
Shell has announced the appointment of Mr. Ralph Gbobo as the Managing Director of its gas distribution company, Shell Nigeria Gas Limited, with effect from 1st July 2023. Ralph succeeds Ed Ubong who has taken up a new position within the Shell group. Until this appointment, Ralph was the Manager, Commercial and Non-Operated Venture of […]
De Beers and the government of the Republic of Botswana have reached a new deal on diamond sales that will see Botswana’s Okavango Diamond Company (ODC) receive up to 50% of Debswana production over the duration of the agreement. De Beers will also initially contribute about US$75 million to a Botswana development fund, which could […]
Uranium One Group JSC, an entity of the ROSATOM Atomic Energy Corporation and YLB (Lithium Deposits of Bolivia, Yacimientos de Litio Bolivianos) Bolivian State Company late last month signed a framework agreement on the construction of lithium carbonate mining and production complex in Potosí Department, Bolivia. Uranium One Group, JSC is an international group of […]
UK based Galileo Resources Plc says it has discovered a number of substantial gold targets based on new soil analytical results in the area around the Queen’s mine located close to Bulawayo, Zimbabwe. The top miner said several gold-in-soils samples indicate lucrative targets which will be selected ahead of commencement. A new target represents extensions […]
Leading opticians, Lapaire,has announced the opening of an optical shop in Nateete, a Kampala suburb in a bid to extend eye care services near members of the public. “Our newest optical shop is located inside Inter City Medical Centre opposite Shell Nateete. This expansion aims to bring comprehensive eye care services closer to the community, […]
Government has awarded contracts to 13 companies to supplies fertilizer under the 2023-2024 Affordable Input Programme (AIP), the Minister of Agriculture Sam Dalitso Kawale has disclosed. Kawale told Nyasa Times on Monday morning that the 13 companies will supply 149,164 metric tons of NPK and Urea fertilizer through the Smallholder Farmers Fertilizer Revolving Fund of […]
The Ongwediva Annual Trade Fair Preparatory Committee (OATFPC) recently received a boost of N$ 385,000 from mobile telecommunications company, MTC. During a gala dinner hosted in the northern town of Ongwediva on Saturday, MTC remained the official sponsor of the trade fair. As per the norm, the annual event is scheduled to take place in […]
Gaborone — Botswana and the London-based international diamond consortium De Beers have ended uncertainty over their long-standing partnership after announcing a 10-year extension to their diamond sales agreement. In a joint statement released late Friday, Botswana and De Beers indicated their sales agreement has been extended until 2034, while the mining license will be in […]
Nairobi — Coca-Cola Beverages Africa (CCBA) has changed the name of its Kenyan subsidiary, Nairobi Bottlers Limited, to Coca-Cola Beverages Kenya. CCBA Kenya Managing Director James Bowmaker said the change of name is part of CCBA’s intent to be the anchor bottler in each of the 15 markets within its footprint. “CCBA has made significant […]
Listed sugar processor, Tongaat Huletts says cheaper sugar imports are negatively affecting the country’s local industry by depressing sales volumes amid concerns of exposing consumers to health hazards. Presenting the financial performance for the year 2023, Tongaat’s chairman, Canaan Dube said the Statutory Instrument 98 implemented by the government last year whose six months tenure […]
Nairobi — The evolving data protection environment in Kenya is attracting foreign technology firms, with the latest entrant Digital Jewels establishing its presence in the local market. Digital Jewels Founder and CEO Adedoyin Odunfa said that after its 15-country geographical footprint, Kenya presented an opportunity to forge partnerships with like-minded organizations that are keen to […]
In a bid to boost logistics, Japan Motors Trading Company Ltd. (JMTC), sole distributors of Foton range of vehicles has held a Foton stakeholder engagement with captains of the Truck Industry. The Foton customer engagement event focused primarily on the light duty division with trucks including, the M4 series from 4 ton all the way […]
Harare — At least 26 Ugandans have filed a lawsuit against French oil firm TotalEnergies in Paris, France, seeking compensation for alleged human rights abuses at the company’s huge megaprojects there. According to AFP, people from the impacted areas, joined by five French and Ugandan charity organisations, say that the energy company TotalEnergies caused “serious […]
Nairobi — Wim Vanhelleputte will take over as Chief Executive Officer (CEO) of Safaricom Telecommunications Ethiopia PLC starting September 1. He will replace Anwar Soussa, whose over two-year leadership will be ending on Saturday. Vanhelleputte joins the telco from MTN Group, where he has been serving as Operations Executive since August 2022. “We are pleased […]
LISTED cement manufacturer, PPC Zimbabwe hopes the bold move taken by the government to cancel cement import licences for several dealers will go a long way in propping up local cement sales. In 2021, Zimbabwe imported US$41,4 million in Cement, mainly from Zambia (US$35,3 mln), South Africa (US$6,17 mln), China (US$7,22k), Botswana (US$1,72k), and Japan […]
LONDON based Botswana focused metals exploration concern Kavango Resources Plc has agreed to pay US$4 million for two gold mining projects in Zimbabwe amid expectations for a lucrative return. The miner signed an exclusive two year option to acquire a gold exploration project in Matabeleland in the Nara project has 45 contiguous gold claims, and […]
Energy Generation Company (EGENCO) is now generating adequate energy to supply to various sectors, including manufacturing and agriculture, Principal Secretary (PS) in the Ministry of Energy, Alfonso Chikuni, said on Saturday. Chikuni made the remarks during a press briefing organized to update the nation on the progress made in the energy sector. The PS said […]