Hwange Colliery's bid to bar its business partner, a Chinese-owned firm, Hwange Coal Gasification Company, from selling coal stocks and coking oven battery hit a snag recently after High Court judge J...
By Business reporter | Published: 01 August 2013
TOTAL banking sector loans and advances increased by 5,56 percent from $3,401 billion in January to $3,59 billion in May.According to the 2013 mid-term fiscal policy statement presented by Finance Min...
By Business Reporter | Published: 01 August 2013
BINDURA Nickel Corporation warned of potential material uncertainty on its status as a going concern if it fails to obtain short-term bridging finance and execute a revised mining plan. Africa's only ...
By Business Reporter | Published: 01 August 2013
THE Postal and Telecommunications Regulatory Authority of Zimbabwe last week cancelled internet service provider Valley Technologies' operating licence for failing to meet the regulator's requirements...
By Business Reporter | Published: 01 August 2013
With just two days to go before Zimbabwe's crucial elections, the country’s two major mobile service providers have still not resolved a standoff over licensing. that has left millions of their cu...
By Staff reporter | Published: 30 July 2013
Astra Industries is awaiting approval from the Competition and Tariff Commission following the acquisition of a controlling stake in the company previously owned by the Reserve Bank. Astra yesterday a...
By Business reporter | Published: 30 July 2013
Cairns Holdings judicial manager Reggie Saruchera says none of the potential investors who submitted bids to acquire the Reserve Bank's stake in the company had indicated plans to lay off workers. Thi...
By Business reporter | Published: 30 July 2013
Zimbabwe Newspapers will next month commission a US$2,2 million highly digitalised and efficient printing press, chief executive Justin Mutasa has said. Technicians from TPH, an Indian firm, have fini...
By Staff reporter | Published: 30 July 2013
Celsys said discussions with a local investment group led by Mr Lovemore Chihota regarding the offer for the acquisition of all the assets of its Blueberry International subsidiary had since been comp...
By Business reporter | Published: 30 July 2013
ALTERNATIVE Investment Market-listed Cambria Africa Plc has withdrawn its offer to Celsys Limited minority shareholders in what also effectively puts off its plans to list on the Zimbabwe Stock Exchan...
By Staff reporter | Published: 30 July 2013
COMMERCIAL lawyer Mr Addington Chinake has been appointed chairman of Astra Industries following the acquisition of the company's 63 percent by a local firm, Hemistar Investments.Former chairman Dr Ch...
By Business Reporter | Published: 30 July 2013
Air Zimbabwe has added another new route to ferry passengers between Johannesburg and the resort town of Victoria Falls. Initially the flights will be offered twice a week on Fridays and Sundays with...
By Business reporter | Published: 30 July 2013
GERMANY-HEADQUARTERED logistics company DHL International will this week increase the number of flights to Zimbabwe from three to five due to an increase in the volumes of business in the country, an ...
By Business Reporter | Published: 29 July 2013
African paint manufacturer, Kansai Paint, has partnered with the management and staff of Zimbabwean group Astra Industries to buy a 63.25 percent interest in the company from the Finance Trust of Zim...
By Business reporter | Published: 29 July 2013
The government says it has held discussions with mobile network operators Econet and Telecel to resolve their interconnection dispute through its regulator Postal and Telecommunications Regulatory Au...
By Staff reporter | Published: 27 July 2013
Zimbabwe's economic growth for 2013 has seen a slight improvement from last year, offering scores of opportunities to South African based property companies.The rapid Gross Domestic Product growth and...
By SA Commercial Prop News | Published: 26 July 2013
CFI Holdings shareholders approved the selling of 49% of its shareholding in Victoria Foods to South Africa's Grindrod Trading which is a subsidiary of JSE-listed Grindrod Limited at an EGM held today...
By Business reporter | Published: 26 July 2013
Telecel Zimbabwe subscribers are encountering problems connecting to the Econet network because the company does not have a valid mobile licence,Econet Wireless Zimbabwe said yesterday. Zimbabwe’s b...
By Business Reporter | Published: 26 July 2013
Board changes are looming at Astra Industries Ltd after the company was taken over by a management consortium and a foreign company, Kansai Plascon, businessdigest revealed.Sources close to the deal s...
By Staff reporter | Published: 26 July 2013
Finance minister Tendai Biti has warned that 7 commercial banks exposed to local authorities may fold following Local Government minister Ignatius Chombo's directive for municipalities across the coun...
By Staff reporter | Published: 26 July 2013
National air carrier Air Zimbabwe is set to resume daily flights between Victoria Falls and Johannesburg to cater for an increase in demand on the route. In an interview yesterday, Air Zimbabwe public...
By Staff reporter | Published: 25 July 2013
FORMER Telecel Zimbabwe chief executive Mr Francis Mawindi is disputing his dismissal as CEO of the company arguing it was not justifiable contrary to the mobile phone operator's claims that he had r...
By Staff reporter | Published: 25 July 2013
The Postal and Telecommunications Regulatory Authority of Zimbabwe has launched an investigation into Econet Wireless Zimbabwe after Telecel Zimbabwe complained about alleged unfair business practice...
By Business reporter | Published: 25 July 2013
Telecel Zimbabwe has issued the following statement on problems being faced with connectivity to Econet Zimbabwe:Telecel Zimbabwe would like to inform its subscribers that it is currently facing major...
By Mike Hamilton | Published: 24 July 2013
Demand for Delta Corporation Limited's lager beer was depressed due to excise duty increases which have resulted in some retailers charging higher than recommended prices to circumvent the problem of...
By Business reporter | Published: 24 July 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
