The Zimbabwe Banks and Allied Workers Union says it will hold pickets against Barclays Bank while continuing with those against NMB Bank after negotiations for a salary increment for non-managerial w...
TelOne says it is still pursuing various strategies in the recapitalisation drive which is aimed at upgrading the parastatal's infrastructure and improving business viability.The telecommunications fi...
TORONTO Stock Exchange-listed New Dawn says it might be forced to close its mining operations in Zimbabwe as a result of a fall in gold prices and its failure to obtain approval on an indigenisation...
Turnall Holdings Limited is set to commission a 45 000 tile-making plant next month as the company angles to dominate the market and increase capacity utilisation. The managing director, Mr John Jere...
ONE of the country's oldest wooden flooring and furniture companies, Durawood Products, is set to resume full-throttle production before the end of this year after scaling down its operations in the ...
The UNWTO General assembly hosts, Zimbabwe and Zambia, are probably still patting each other on the back for a job well done and so too may many of the participants to the event.The dust from the Uni...
SMALL scale gold miners have taken steps to unlock at least $35 million funding facilities from Government amid pledges for assistance from other financiers and investors.Gold Miners Association of Zi...
Zimbabwe's average hotel room occupancy levels rose by a marginal 2 percent to 41 percent during the first half of the year compared to the 39 percent recorded during the same period last year.Accord...
Diversified agro-business concern, Interfresh has managed to raise the $3 million for working capital and settling debts that it was targeting through a rights offer.The Zimbabwe Stock Exchange listed...
The Jupiter Drawing Room (Harare) has acquired local advertising agency Mawazo Brand Development.The acquisition concluded on August 1, 2013 saw Mawazo cease to operate and was subsequently incorporat...
The Postal and Telecommunications Regulatory Authority of Zimbabwe has released the Zimbabwe National Frequency Allocation Plan draft, which will set guidelines on how radio frequency spectrum will be...
Kingdom Bank founder Nigel Chanakira has disposed his 30% indirect interest in AfrAsia Kingdom Holdings Ltd that is owned by his family's investment vehicle Crustmoon Investments (Pvt) Ltd.This was r...
Zimbabwe Stock Exchange (ZSE) listed diversified conglomerate, National Foods says it is set to inject close to $7 million on capital expenditure as part of efforts to improve the operations of the ma...
Essar Africa Holdings Ltd has entered into "definitive" agreements with the Zimbabwean government to revive the old Ziscosteel plant and develop an iron ore beneficiation plant in the country, busines...
Coca-Cola launched a new pocket size 350ml PET plastic bottle at the just ended Harare Agricultural Show. The brand new affordable on-the-go 350ml PET costs 70c, which is cheaper than the 330ml can wh...
FORMER Apex Corporation subsidiary Marondera Foundry's assets will today go under the hammer through public auction in Marondera to settle liabilities to various creditors. The assets will be sold in...
Giant poultry producer, Irvines day old chicks has embarked on a programme to assist small-scale farmers to produce poultry to help them increase their cashflows and help improve nutrition in the coun...
CONSTRUCTION of the $145 million Hilton Hotel and office complex along Samora Machel Avenue in Eastlea is set to begin in April next year, Streamwalk Arcade director Mr Farai Jere said.Speaking at an ...
National Foods Holdings recorded an after tax profit of $13,9 million for the year ended June 30, 2013, an increase of 76 percent from the prior year due to an increased in capacity utilisation as the...
COLCOM Holdings had a disappointing first half after profit plunged 66,2 percent to $1,6 million in the interim to June 2013 weighed down by provisions and impairment of fixed assets.Chairman Robert D...
The Zimbabwe Energy Regulatory Authority has licensed Green Fuel, Zuva Petroleum, Sakunda Energy, and the National Oil and Infrastructure Company to blend E5 fuel.This comes after the authority introd...
Innscor Africa Limited missed its 15% revenue growth for the year ended 30 June 2013 and will be operating under an aggressive budget in FY14 with an aim of keeping the revenue growing as well as impr...
Zimplow Holdings Limited Group Chief Executive Officer, Zondi Kumwenda, told an analyst briefing yesterday that Zimplow is experiencing hardships in debt collection and the bulk of their debtors are s...
Cash shortages are said to be worsening in Harare, with reports that banks are now planning a series of measures to limit withdrawals.An investigation by SW Radio Africa indicated that some companies...
THE Agricultural Development Bank of Zimbabwe has secured a $98,6 million loan from the Brazillian government to boost the agricultural sector as the country continues to reel under a high food impor...