INDIAN diversified group, Essar Holdings, may have found a breakthrough to its stalemate with the Zimbabwean government over the resuscitation of New Zim Steel, a Zimbabwean steel producing project it...
By Staff reporter | Published: 29 October 2013
Angola's Catoca, one of the world's largest diamond producers, expects to start exploring two fields in nearby Zimbabwe next year following a mining agreement signed between the two countries on Mon...
By AFP | Published: 29 October 2013
NATIONAL Foods Holdings Limited has registered a 29 percent compounded annual growth in underlying profit before tax over the last five years due, it believes, to the strength of its strategies and a ...
By Business Reporter | Published: 29 October 2013
GURUS Holdings has fired about 25 employees who went on an illegal strike at its Freda Gold Mine in Gwanda District last week following a salary payment dispute.In an interview on Friday, Gurus Holdi...
By Staff reporter | Published: 29 October 2013
Chemco released a dismal set of results showing a decline in group revenue by 27% to $2.3m mainly due to the disposal of TS Timber operations. Loss before tax declined by 77%, the decline was attribu...
By Staff reporter | Published: 29 October 2013
ZIMBABWE'S largest mobile phone operator by subscription, Econet Wireless has embarked on a massive campaign to register unregistered subscriber identity module cards (sim) after the country's telecom...
By Business Reporter | Published: 29 October 2013
The government says it is working on a policy that will compel local tourism business entities to procure their food items and products from local farmers and companies in a move aimed a boosting the ...
By Staff reporter | Published: 28 October 2013
National Social Security Authority (Nssa) says it will soon be handing over the completed Beitbridge Hotel to Rainbow Tourism Group (RTG).Phillion Chereni, Nssa's public relations manager, said the p...
By Staff reporter | Published: 28 October 2013
Government is determining how to structure the sale of the country's first international bond and is seeking advisers as it aims to raise financing to fund mining development, Mines and Mining Develop...
By Bloomberg | Published: 28 October 2013
Zimbabwe Power Company is working on a number of new generation and expansion projects worth an estimated $5,7 billion to boost supply.Zimbabwe is battling a perennial power shortage of over 800MW whi...
By New Ziana | Published: 28 October 2013
Aquarius Platinum Ltd and Impala Platinum Holdings Ltd are assessing whether to dig a second shaft to expand production at their Mimosa platinum mine in Zimbabwe, Mr Winston Chitando, chairman of the ...
By Bloomberg | Published: 28 October 2013
NAMIBIAN power utility, Nampower has expressed interest in rehabilitating Harare and Bulawayo thermal power stations at an estimated cost of $175 million.The interest was expressed through a delegatio...
By Staff reporter | Published: 28 October 2013
Zimbabwe is set to resume gold refinery next month in preparation for re-admission to the London Bullion Marketing Association, sources have said.Fidelity Printers and Refinery, a State-owned firm, ce...
By Business Reporter | Published: 28 October 2013
Telecel has reduced from $30 to $25 the cost of its data dongle to enable more people to access data from their computer affordably and conveniently by taking advantage of Telecel's fast data speeds...
By Chengetai Chinembiri | Published: 28 October 2013
Econet Wireless, Zimbabwe's largest mobile phone operator by subscription, recently launched a paperless banking service.The mobile telephone company has more than eight million subscribers. The serv...
By M&G | Published: 28 October 2013
CBZ Holdings intends to buy back over 7,7 million shares from close to 10 000 of the group's minority shareholders through a facility in which the stockholders sell the stock at no cost.Under the Nil...
By Staff reporter | Published: 28 October 2013
Zimbabwe focused New Dawn Mining is set to delist from the Toronto Stock Exchange next month and register its operations in the tax haven of Cayman Islands.In a statement, the company said it had appl...
By Business Reporter | Published: 25 October 2013
Zimbabwe is not overbanked, a study by a leading securities firm has said.A detailed study by FBC Securities says Zimbabwe, with a population of 13,8 million, GDP of $10,81 billion and only 14% of th...
By Staff reporter | Published: 25 October 2013
FAST moving consumer goods company Cairns Foods Ltd is on the verge of concluding a deal which will see a South African investor acquiring a majority stake in the Zimbabwean firm, businessdigest repor...
By businessdigest | Published: 25 October 2013
Aim-listed resources group Mwana Africa plc (Mwana) says quarterly production at its Zimbabwe-based gold miner Freda Rebecca went up 19 percent quarter-on-quarter to 17,536 ounces.The miner said cash ...
By Staff reporter | Published: 25 October 2013
Former Prime Minister, Morgan Tsvangirai has told a seminar in Oxford that Zimbabwean diamonds were a curse."The discovery of diamonds has been a curse rather than a blessing," he said adding "I am co...
By Staff reporter | Published: 25 October 2013
BINDURA Nickel Corporation's revised mining plan has started bearing fruit after a marked increase in recoveries and a decline in costs, Mwana Africa Plc has revealed."Recoveries have increased marked...
By Staff reporter | Published: 24 October 2013
Transport and Infrastructural Development Minister Dr Obert Mpofu yesterday urged Air Zimbabwe to diversify its operations and consider partnering regional and international airlines to increase capac...
By Staff reporter | Published: 24 October 2013
Asian energy giant Chint Electric Company Limited (Chint) - through its local partner Intratrek Zimbabwe (Intratrek) - is keen on building solar farms worth $750 million in southern Zimbabwe, business...
By Staff reporter | Published: 24 October 2013
Financial group, Tetrad, has secured a $15 million line of credit from a United Kingdom-based fund.The firm said the funds will be channelled towards strengthening operations of its subsidiaries, with...
By Staff reporter | Published: 24 October 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
