Shareholders are advised that the name of Africa First ReNassaince Corporation Limited (AFRE) has been changed to First Mutual Holdings Limited (FMHL). The listing on the ZSE was amended with effect f...
Shareholders are advised that the AGM of the company which was due to be held on Tuesday, 30th July 2013 has been postponed to Tuesday, 17th September 2013. At the time of publication of the AGM noti...
Delta publishes a trading update for the first quarter ending June 30 saying total beverage volumes are up 4% with all categories except lager beer registering growth despite the slackening consumer d...
ZIMBABWE'S second largest mobile phone operator by subscription, Telecel Zimbabwe, has lodged a complaint with the Postal and Telecommunications Authority of Zimbabwe (Potraz) over alleged unfair busi...
Star Africa Corporation Limited (Star Africa)'s shareholders have approved the group's plan to dispose of its 33,3 percent stake in Tongaat Hulett (Tongaat) Botswana as part of strategies to raise cap...
TELONE, the country's sole telephone landline service provider, has started taking legal action against hundreds of its customers to recover thousands of dollars in unpaid telephone bills. A majority ...
EMPOWERMENT Corporation will soon increase its shareholding in Telecel Zimbabwe to 60 percent after Government directed controlling shareholder Telecel International to surrender 20 percent of its sta...
While the 2013 tobacco selling season officially ended on July 5 after 99 days of trading, contract sales continue to trickle in taking the funds realised by farmers to $598m. Market watchers contend ...
Belgian-based financial consultancy and investment firm deVere Group (deVere) plans to strengthen its foothold in Zimbabwe after cutting ties with Tetrad Investment Bank. Last week, the group, with an...
About 114 disgruntled workers at Lynx Mine in Karoi last week staged a 3-day underground strike as they demanded the axing of senior managers they accused of being insensitive to their plight. The str...
New Dawn Mining Corporation has threatened to divest from Zimbabwe if its planned cost-reduction measures fail and the international gold price continues to fall.The gold miner - operating five mines ...
Just as there was drama and intrigue when Masawara acquired the former BP & Shell assets in 2010, last week's disposal of the same assets continues to court controversy after a Mauritian joint ve...
DRUG manufacturing company CAPS Pharmaceuticals has collapsed after the firm's factory premises in Harare's Southerton industrial area was last week auctioned for US$1,5 million cash.This was after t...
OK Zimbabwe achieved revenue of $123.1 million which was a growth of 5.1% over same quarter of F13. Management says this was slightly below its rather aggressive budget which took into account anticip...
OK Zimbabwe achieved revenue of $123.1 million which was a growth of 5.1% over same quarter of F13, CEO Willard Zireva told the AGM this morning. "This was slightly below our rather aggressive bu...
Mobile and internet based transactions have for the first time surpassed card payments after registering a 28.3% growth in the month of May as more account holders turn to the convenience of mobile ba...
TELECEL Zimbabwe has started regularising its lopsided shareholding, a precondition for the renewal of its expired mobile licence, after emissaries of its shareholders met Government officials t...
ZIMBABWE Stock Exchange-listed agri-industrial firm Aico Africa Ltd is set to dispose of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, sources familiar with the mat...
MBCA Bank has secured US$75 million from majority shareholder, Nedbank Group of South Africa, to provide lines of credit to Zimbabwean companies.MBCA managing director, Charity Jinya, last week told T...
Fixed telephone operator TelOne, has launched a high speed Internet connection known as Asymmetric Digital Subscriber Line (ADSL) Broadband in Masvingo. The new package is targeted at home users and o...
New Dawn Mining reported consolidated gold production for the quarter ended June 30, 2013 of 9,986 ounces as compared to consolidated gold production for the quarter ended June 30, 2012 of 9,536 ounce...
A TEAM from Orascom Telecom Company, Telecel Zimbabwe's parent company, will this week engage Ministry of Transport, Communication and Infrastructural Development officials in a bid to renew the mobi...
THE National Railways of Zimbabwe is courting potential investors to build a railway line that will link the country to Kafue in Zambia and the Democratic Republic of Congo, the general manager, Air ...
Pretoria Portland Cement says it is on track with a feasibility study to set up a new cement plant in Mashonaland.The company last year announced plans for a massive investment in Mashonaland for a n...
AIM-listed African Consolidated Resources requires $15.7 million to fund the introduction of a four-month preproduction ore stockpile, for the Pickstone Peerless gold project in Zimbabwe as it moves ...