The Zimbabwe government has granted a license to Global Diamond Trekkers to explore for the gems in the Middle Save area of Manicaland province, about 100 kilometers south east of the Chiadzwa fields...
By Staff reporter | Published: 14 October 2013
INDIGENISATION minister Francis Nhema is set to meet foreign- owned banks operating in Zimbabwe to discuss a possible modification of the indigenisation policy.Nhema told Southern Eye Business on the...
By Staff reporter | Published: 14 October 2013
Seed Co Limited is mulling shedding its cotton planting seed company, Quton, seven years after it acquired the business from Cottco, and Indian firm Mahyco has emerged as a front runner to swoop on th...
By Staff reporter | Published: 14 October 2013
MedTech released an improved set of financials, showing a 10% growth in revenue to $7m on the back of a 44% increase in the Medical segment revenue as well as a 5% sales growth in the FMCG segment. Th...
By Business reporter | Published: 14 October 2013
WILLOWVALE Mazda Motor Industries (WMMI) is on the verge of collapse amid revelations the vehicle manufacturing company, which has not been manufacturing for the past 12 months, owes Mazda Japan in e...
By Staff reporter | Published: 14 October 2013
A United States-based voice over internet protocol (VoIP) service provider has announced that it will tomorrow be launching a voice-call service for Zimbabweans in the diaspora to call back home at a ...
By Staff reporter | Published: 14 October 2013
In a landmark ruling likely to send shockwaves in the banking sector, the Supreme Court on Friday ordered Standard Chartered Bank to pay back a client's funds which it surrendered to the RBZ following...
By Business reporter | Published: 14 October 2013
ECONET Wireless Zimbabwe and its France-based partner Astellia have been shortlisted for the ‘Best cost efficiency solution for Africa' at the Africa Com Awards set for Cape Town South African next ...
By Business Reporter | Published: 14 October 2013
Zimbabwe will from Tuesday begin the mandatory 10% blending of country's fuel as the country moves to cut its fuel importation bill and use the money for other developmental projects, Energy and Power...
By Staff reporter | Published: 14 October 2013
THE Zimbabwe Power Company expects to conclude the funding agreement with China Export and Import Bank for the expansion of Kariba South hydro power plant before the end of this year.China's Sino Hydr...
By Staff reporter | Published: 11 October 2013
The Deposit Protection Corporation has increased insurance cover for depositors to $500 to restore confidence in the banking sector.The upward review of depositor insurance cover from $150 to $500 fol...
By Staff reporter | Published: 11 October 2013
The Senior Minister of State in the President's Office, Simon Khaya Moyo says government has declared Sanganai/ Hlanganani World Travel and Tourism Africa Fair a national event.Ambassador Khaya Moyo m...
By Staff reporter | Published: 11 October 2013
New Dawn Mining Corp has announced that the Zimbabwe Minister of Youth Development, Indigenisation and Economic Empowerment has approved the Company's previously filed plan of indigenisation. This ap...
By Staff reporter | Published: 11 October 2013
STATE-OWNED national carrier Air Zimbabwe has adjusted its fares by up to $40 after the airline's comeback promotion lapsed last month as the festive season approaches.After extending its Cruising Alt...
By Staff reporter | Published: 11 October 2013
Seed Co is seeking shareholder approval to implement the proposed strategic technical-equity partnership with Vilmorin & Cle, a NYSE Euronext Paris Stock Exchange listed company which is a world l...
By Staff reporter | Published: 11 October 2013
BANKERS will converge on Nyanga next week for an uncharacteristic summer banking school that will discuss domestic economic growth that has started to lose steam.The banking school is normally held i...
By Business Reporter | Published: 11 October 2013
CHEQUES are dying as a payment system in Zimbabwe as they have continued on a downward slip since the advent of the multiple currency regime in 2009 with transactions decreasing from $12,3 million in...
By Staff reporter | Published: 11 October 2013
ZIMBABWE'S formal banking system lost in excess of $50 million in deposits in the month of August as the market responded to President Robert Mugabe's July 31 elections victory signalling the end of ...
By Staff reporter | Published: 11 October 2013
The European Union's representative in Zimbabwe said the southern African nation can resume exports of diamonds mined in Marange to the 28-member bloc after sanctions were lifted last month."They can...
By Bloomberg news. | Published: 10 October 2013
Mines and Mining Development Minister Walter Chidhakwa yesterday under scored the need to value add the country's primary commodities as part of measures to halt de-industrialisation.Mr Chidhakwa, who...
By Staff reporter | Published: 10 October 2013
Tetrad Holdings Limited (Tetrad) says it is yet to get a license from the Reserve Bank of Zimbabwe (RBZ) to transform its investment bank into a commercial entity.The group's subsidiary Tetrad Investm...
By Staff reporter | Published: 10 October 2013
Fuel dealers have moved in to comply with the country's laws which stipulate that petrol sold locally should be blended with five percent ethanol.With the statutory instrument 17 of 2013 which compels...
By Staff reporter | Published: 10 October 2013
The country's sole glass manufacturing firm, Zimbabwe Glass Industries (Zimglass), has resumed production of flint glass soft drinks bottles which will be supplied to leading beverage manufacturer Del...
By Staff reporter | Published: 10 October 2013
SEED CO will raise a total of $40 million fresh capital after selling a 25 percent stake to New York Stock Exchange-listed seed firm Vilmorin and Cie SA in a technical and equity partnership deal.Its ...
By Business Reporter | Published: 10 October 2013
The 6th edition of the Sanganai/Hlanganani World Travel and Tourism Africa Fair is expected to generate in excess of $300 million which will be accounted for in tourism receipts, a Cabinet minister sa...
By Business Reporter | Published: 10 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
