The Zimbabwe Microfinance Wholesale Facility has disbursed loans worth at least $2,5 million to Micro Finance Institutions for on-lending to small businesses and the economically active poor since i...
Liquid Telecom Group has expanded its fibre link to East Africa resulting in it becoming the first wholesale carrier to connect the East African capitals of Nairobi, Dar es Salaam, Kampala and Kigali ...
NetOne has embarked on an aggressive mobile broadband expansion drive, commissioning several new base stations across the country and setting the mobile telephone service provider on a massive growth ...
Bindura Nickel Corporation chairman Kalaa Mpinga told a BNC AGM this morning that management adopted a strategy for earlier extraction of massives totaling 6 290 tonnes nickel over a period of 18 mont...
TETRAD Holdings insurance arm, THI Insurance, plans to introduce new insurance products to the agriculture sector soon in a bid to explore opportunities in the niche market, the company's non-executiv...
ZSE-listed agricultural concern Aico Africa Limited has suspended contracting soya bean farmers after the company lost more than $1 million through side marketing, a company official has said.In...
The Zimbabwe Stock Exchange (ZSE) intends to automate its trading activities in order to match international norms and standards of operation in terms of efficiency, transparency, fairness and cost e...
Clothing retailer Edgars Stores Zimbabwe is uncertain about the recovery prospects and future stability of the Zimbabwe's economy, despite the conclusion of elections and the swearing in of a new cab...
BULAWAYO-BASED cement producer Pretoria Portland Cement (PPC) Zimbabwe has initiated a voluntary retrenchment exercise that will result in at least 100 employees leaving, a clear sign firms continue f...
ECONET Wireless Zimbabwe shareholders on Tuesday approved directors' proposal to buy back a maximum 10 percent of the firm's shares.Shareholders endorsed the proposal and two other main resolutions at...
FINANCIAL analysts foresee dairy processor Dairibord Holdings' revenue remaining almost flat around $108 million this year following slow growth in its top line during the first half of its financial ...
THI insurance Zimbabwe is planning to expand its crop insurance business into East African market as it seeks to grow its book. Speaking at the insurance company's 75th anniversary celebrations in Har...
Zimbabwe is working on introducing mandatory blending of petrol to the levels of E20 (a mixture of 80% petrol and 20% anhydrous ethanol), President Robert Mugabe has said.Speaking at the official ope...
THE Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) has cancelled the operating licence of Valley Technologies (Pvt) Ltd after the company failed to pay a licensing and spectrum...
JOHANNESBURG - Aim-listed Premier African Minerals is aiming to start low-cost production at its flagship RHA tungsten project, in the Kamativi tin belt, in Zimbabwe, during the second half of 2014, f...
South Africa's retail outlet Shoprite has closed shop at the Bulawayo Centre amid revelations local business mogul Raji Modi, owner of Bellevue Spar, has taken over the business to open another outlet...
BRITISH Airways Comair is committed itself to servicing the Victoria Falls/Johannesburg and will introduce larger aircraft once expansion of the resort town's airport runway is completed, an official ...
Business ReporterMwana Africa Plc has raised $2,8 million through a subscription and placing of shares, taken up by existing and new shareholders, to accelerate development of its mining projects.The ...
RETAIL giant OK Zimbabwe has issued a total of 15 143 314 ordinary shares valued at $3,5 million to beneficiaries of its share option scheme. This will increase the number of OK ordinary shares ...
Tracy Mpofu, Econet Wireless non-executive director who chaired the AGM held on 17 September 2013 said Econet has not been paying a dividend due to a number of commitments which put pressure on cash ...
Econet Wireless Zimbabwe Chie Executive Officer Douglas Mboweni has told banks that reluctant join EcoCash for their mobile money transfer services to invest in their own network instead of lobbying ...
The European Union has agreed to lift sanctions on a Zimbabwean diamond-mining firm despite concerns over alleged fraud in a July election that kept President Robert Mugabe in power, the EU said on Tu...
Safeguard Engineering has introduced a revolutionary new automated safe that counts cash in any denominations, deposits the money into a removable bag locked securely inside it and issues a receipt fo...
Aquarius Platinum has cut its chief executive Jean Nel's salary by 30% and imposed a 10% slash of directors' fees as part of measures to contain "cash corporate costs". The platinum group metals produ...
Hippo Valley Estates Limited (Hippo Valley) says it is targeting to export more than 217 000 tonnes of sugar to the European Union (EU), as a way of boosting the company's earnings. Last year, the su...