News »

Market News

Zimnat partners Telecel for mobile insurance product

1 October 2014

As the battle to gain a larger portion of subscribers in the insurance sector intensifies, Zimnat Life has partnered a local mobile operator and launched a new product. In its latest report, the I...

Mutasa believes in Sable's viability

6 July 2014

Business magnate and TA Holdings chairman, Mr Shingi Mutasa still believes that Sable Chemicals remains a key institution in providing for the country’s nitrogenous fertiliser needs and is plead...

Aon Zimbabwe rebrands

20 August 2013

INSURANCE company Aon Holdings Limited will rebrand to Minerva Holdings following the successful acquisition of the company by Masawara Mauritius Limited. A source close to the development said fo...

Cresta Sprayview opens

6 August 2013

CRESTA HOTELS’ newest operation, Cresta Sprayview at Victoria Falls, has opened and welcomed its first guests, a group of holidaymakers from the United States. Cresta group chief executive M...

TA to buy back shares

4 June 2013

ZIMBABWE Stock Exchange-listed conglomerate TA Holdings Limited says it will later this month seek shareholders’ permission to buy back a maximum of 10 percent of its issued ordinary share capit...

Cresta Hotels to operate Sprayview Hotel

8 November 2012

CRESTA Hotels has entered into a lease agreement for the operation of Sprayview Hotel in Victoria Falls with the Gardini family paving way for the group to tap into the market provided by the resort t...

Sables Plant Crisis - a Stitch in Time Saves Nine

4 October 2012

Sable Chemical Industries' plans to de-commission its electrolysis plant in January next year makes sad reading for Zimbabwe's agriculture-based economy especially at a time when the nation is...

TA’s ammonia import plan on course

29 June 2012

TA Holdings is on course to start its importation of ammonia for Sable Chemicals by the end of the year, CEO Gavin Sainsbury said this week. Sainsbury told shareholders at an annual general meetin...

Cresta in U.S.$6 Million Revamp

15 June 2012

Cresta Lodge, situated between Eastlea and Msasa, is undergoing a US$6 million expansion expected to result in an additional conference facility expe-cted to be functional by the third quarter of 2012...

TA Ditches ZFC, PG

28 May 2012

TA Holdings is considering pulling out of Zimbabwe Fertiliser Company and PG Industries as the businesses are now regarded as "non-core" to group ambitions. Group financial director, Mr Both...