TORONTO Stock Exchange listed exploration firm Rock Tech Incorporated is on the verge of acquiring the entire stake of private equity firm Brainworks Capital Management in a reverse takeover deal.Aft...
Safeguard Engineering, in partnership with South Africa's Frost International, has introduced onto the local market a wide range of high quality automatic sliding doors that are suitable for any prop...
The government says it is committed to availing resources to ensure that broadband services continue to improve as this will contribute to economic and social development of the country.In his remark...
Three million Zimbabweans who use the EcoCash Wallet can now also operate a savings accountEconet Wireless has launched a new service called EcoCashSave, which allows an EcoCash customer to move money...
Local mobile phone service provider, Telecel Zimbabwe Limited says it will comply with the indigenisation and economic empowerment broad-based model in the procurement and provision of supplies and an...
THE Deputy Ministers of Agriculture, Mechanisation and Irrigation Development yesterday told the management and board of the Cold Storage Company (CSC) in Bulawayo that the Government would no longer ...
OLAM International Limited, a global commodity trader is close to selling its Zimbabwean unit, Olam Cotton to a local firm ETG Parrogate, sources said yesterday. The transaction has, however, left man...
Emirates, one of the fastest growing airlines in the world, is offering travellers in Zimbabwe the chance to visit some of the world's most popular destinations at reduced fares for a limited period o...
IT has long served as the ceremonial ambrosia of a timeless Africa, prepared with painstaking care by rural women, toiling over smoking wood fires and steaming earthen pots.No social occasion or relig...
IMARA Edwards Securities speculates that the review of beer prices by Delta Beverages is a reaction to the 'abuse' by retailers on pricing due to shortage of coinage.Delta reviewed the wholesale and...
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has plans to issue a $54 million bond to finance expansion programmes at State-owned telecoms firm TelOne and the Zimbabwe Power Company (ZPC) at...
Caledonia Mining Corporation said Monday that it had seen increases in gold production from its 49%-owned subsidiary Blanket Mine in Zimbabwe during the third quarter.In the third quarter ended ...
The Zimbabwe Power Company (ZPC) is embarking on a $1,3 billion expansion programme for Hwange Thermal Station in a move that will see the power utility increase its power generation by 600 megawatts....
OK Zimbabwe is embroiled in a potentially bruising wrangle with 51 former workers of OK Mart, over alleged unfavourable working conditions that ensued when the former took over from Makro.The Zimbabwe...
The Zimbabwe Energy Regulatory Authority (Zera) said on Sunday Zimbabweans must shift to use of liquefied petroleum gas (LPG) as the power supply situation remains unstable.With Zimbabwe facing a pere...
Zesa Holdings says it is considering installing new boiler technologies for its three redundant thermal power stations to help reduce the power deficit the country is facing.Zimbabwe is struggling to ...
The price of beer has gone up by between 10 and 20 cents with effect from yesterday according to a circular released to wholesalers and retailers by Delta Corporation.According to the circular, the pr...
THE biggest union representative gold and platinum mine workers has said it would ask employers to as much as double pay for some members warning of a potentially bloody showdown if their demands are...
Efforts by the Zimbabwe Energy Regulatory Authority to engage independent power suppliers to help alleviate power shortages in the country is now paying dividend following the commissioning two indepe...
In a victory for Econet Wireless, the Supreme Court of Zimbabwe has ruled that a contract between Econet and Namibian-based company, Trustco, to offer mobile insurance (EcoLife) had been legally termi...
Commencement of operations at New Zim Steel, formerly Ziscosteel, will take more time than the public anticipates, Industry and Commerce minister Mike Bimha has said. The Redcliff-based steel company ...
Old Mutual Zimbabwe will start trading 25% of its shares worth over $100 million under the indigenisation and economic empowerment programme from Monday the 7th of this month.The insurance group is ...
Listed cigarette-maker British American Tobacco Zimbabwe Holdings Limited (BAT Zimbabwe) has been ranked among the top contributors to the fiscus by the Zimbabwe Revenue Authority (Zimra).The group ...
ZIMBABWE'S largest mortgage lender, Central African Building Society (Cabs), recorded a surplus of $10,7 million in the first half of the year helped by an improvement in interest and non-interest in...
MAURITIUS-BASED AfrAsia Bank Limited, the parent company of AfrAsia Bank Zimbabwe Limited, recorded a 68 percent increase in after-tax profit to $9,7 million for the year to June 30, 2013.The growth ...