Retailer, Truworths published a significantly improved set of financials showing a 10% growth in revenue to $25.4m. The number of accounts increased by 8.2% over the comparative period to 76,500 accou...
By Business reporter | Published: 01 October 2013
THE Ministry of Mines and Mining Development is working on reviewing mining claim identification and licensing processes in a bid to curb disputes over concessions and open up more opportunities for i...
By Staff reporter | Published: 01 October 2013
HWANGE COLLIERY COMPANY says it has received mining equipment worth $11 million recently bought from China as the company seeks to raise production output which in the past has been dogged by constant...
By Business Reporter | Published: 01 October 2013
Zimbabwe giant platinum mining company Zimplats has recorded a 48 percent growth in production capacity after the commissioning of a new phase two concentrator in April this year, an official has said...
By Staff reporter | Published: 30 September 2013
TRANSPORT and logistics firm Pioneer Corporation Africa is pinning its hopes on newly acquired fellow industry player Unifreight Limited to help double revenue once Government approval of the transact...
By Staff reporter | Published: 30 September 2013
CONSTRUCTION group Radar Holdings plunged to a $49 million loss for the year ended June 30 2013 after disposing of its 51 percent controlling interest in Border Timbers Limited to focus on its core bu...
By Staff reporter | Published: 30 September 2013
Radar CE Elias Hwenga told analysts on Friday that Radar will continue focusing on brick making and property development in the aftermath of the successful demerger of Border Timbers. "Going forw...
By Staff reporer | Published: 30 September 2013
Mauritius-based AfrAsia Holdings Limited (AfrAsia) plans to inject over $100 million into its Zimbabwean subsidiary to help ease liquidity challenges in the country.This comes as the financial group r...
By Staff reporter | Published: 30 September 2013
Air Zimbabwe's 'Cruising Altitude Promotion' which was extended from the July 31 deadline to 30 September is coming to an end.The promotion will now run till 30 September, 2013 and there has bee...
By Ngoni Shenjere | Published: 30 September 2013
PG Industries released a weak set of results showing an attributable loss of $2.2m.Although the loss before tax reduced to $2.2m, the overall group gross margin declined from 31% to 27% this was mainl...
By Staff reporter | Published: 30 September 2013
Mobile phone users with unregistered SIM cards have been given a 30-day ultimatum starting next Tuesday to register them, while those registered whose addresses have changed are expected to notify the...
By Staff reporter | Published: 30 September 2013
HWANGE Colliery Company (HCC) plunged to a $3,2 million after-tax loss in the first six months of the year ended June 30, attributed to a poor cash-flow and high legacy debts.The company has debts in...
By Business reporter | Published: 30 September 2013
Work to establish Zimbabwe's first ever platinum refinery is on course with feasibility studies for the plant having been completed, an official said last week.Zimplats chief executive Mr Alex Mhember...
By Staff reporter | Published: 30 September 2013
The slow pace of adoption of mobile-based payment systems by the banking sector has exacerbated the current challenges being faced by the financial sector in delivering their mandate, Bankers' Associa...
By Business Reporter | Published: 30 September 2013
THE acute liquidity crunch on the market has had a major impact on construction projects, despite Masimba Holdings acquiring a record order book.The company's confirmed order book for the period ended...
By Staff reporter | Published: 30 September 2013
ZSE-listed conglomerate, Starafrica Corporation has said that it plans to dispose of two of its investments by the end of November this year as it seeks to pay-off creditors.Shareholders approved the ...
By Staff reporter | Published: 30 September 2013
Platinum mining company, Zimplats, says it has committed itself to ensure that 60 percent of its supplier expenditure is directed to locals to contribute to the economic development of the country.In ...
By Staff reporter | Published: 27 September 2013
Timber producer Border Timbers recorded a $1,2 million in profits for the year ending June 30, 2013 representing a 35 percent decline from the same period last year.The decline in profit came on the b...
By Staff reporter | Published: 27 September 2013
INSURER ZimRe Holdings Limited recorded an awesome 209 percent growth in profitability in the interim to June 2013 to overturn a $1,4 million half year loss in 2012 to a US$1,5 million profit.The Zimb...
By Staff reporter | Published: 27 September 2013
The Bankers Association of Zimbabwe (BAZ) has taken a swipe at the current collective job action and picketing by the Zimbabwe Banks and Allied Workers Union saying that the trade union is in breach o...
By Staff reporter | Published: 27 September 2013
Former Mines and Mining Development permanent secretary Prince Mupazviriho has been appointed to the board of the Dubai Diamond Exchange (DDE), one of the world leading precious stones trading platfor...
By Staff reporter | Published: 27 September 2013
Anglo American Platinum confirmed on Friday that members of the Association of Mineworkers and Construction Union (Amcu) at its operations in Rustenburg and the North of the Pilanesburg have embark...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited CEO Canada Malunga told an analyst briefing yesterday that the Group is engaging the government on products movement in the region as the group is facing stiff competition fro...
By Staff reporter | Published: 27 September 2013
Johannesburg - Vodacom Group [JSE:VOD] is in talks to buy Tata Communications' stake in South African telecoms operator Neotel for more than R5bn, Bloomberg reported on Friday, citing a person familia...
By Reuters | Published: 27 September 2013
Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the Best International Airline at the Association of Zimbabwe Travel Agents (AZTA) Awards held in Harare last week (Septembe...
By Staff reporter | Published: 27 September 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
