Trust Bank is in talks with Allied Bank, owned by Mines minister Obert Mpofu, over a potential partnership to enable the 2 financial institutions to meet the RBZ's first minimum capital requirements...
By Business reporter | Published: 10 June 2013
TELECOMMUNICATIONS tariff increases across the board loom after government announced plans to increase licence fees for operators with effect from June this year.Finance minister Tendai Biti announ...
By Business reporter | Published: 10 June 2013
DAIRIBORD Zimbabwe is targeting to import at least 250 heifers this year for distribution to farmers as part of efforts to increase milk production in the country.Dairibord introduced the scheme las...
By Staff reporter | Published: 10 June 2013
THE Zambezi River Authority has shortlisted six international investors for the construction of the 1 600-megawatt hydropower plant at the Batoka Gorge, a senior Government official has said."Initi...
By Staff reporter | Published: 10 June 2013
BLANKET Mine, which is partly owned by Caledonia, targets to increase annual gold output by 90 percent to 76 000 ounces (oz) in 2016 following the implementation of its indigenisation plan last year...
By Business reporter | Published: 10 June 2013
NMBZ will be focusing on attaining the $50 million capital threshold as its medium term target, group CEO James Mushore told an analyst briefing on Thursday. "Our medium term anchor is on ensur...
By Business reporter | Published: 10 June 2013
Barclays Chief Executive (CE) George Guvamatanga started his presentation last Thursday by emphasising that the bank considers itself a local bank. He drew parallels with foreigners who live in a c...
By Business reporter | Published: 10 June 2013
Harare-based internet access provider Aquiva Wireless says it plans to roll out a new standard for wireless data communications technology that will push forward the growth of the country's telecomm...
By Staff reporter | Published: 10 June 2013
INTERNET provider PowerTel is set to introduce a new billing system after acquiring new state-of-the art billing equipment, an official said over the weekend.PowerTel chairman Mr Francis Chirimuuta ...
By Staff Reporter | Published: 10 June 2013
Implats has confirmed that its subsidiary, Zimbabwe Platinum Mines (Private) Limited (Zimplats) lodged an objection on 27 March 2013 to the Preliminary Notice published in General Notice 123 of 2013...
By Business reporter | Published: 10 June 2013
Zimbabwe's largest mobile phone company, Econet Wireless, has unveiled a new function on its mobile money service EcoCash which allows a cellphone to also operate as a virtual debit card.The functio...
By Staff Reporter | Published: 10 June 2013
CFI has secured an investor for its milling business Victoria Foods while there are discussions with a potential investor for one of the poultry arms, group CEO Steve Kuipa told the AGM this morning...
By Business reporter | Published: 10 June 2013
NicozDiamond's Hatfield cluster project development will commence this year, MD Grace Muradzikwa told an analyst briefing yesterday. "We have been looking at other property investments and seei...
By Business reporter | Published: 10 June 2013
Willdale is on the verge of realising efforts of the last 5 months under the new strategic plan with the production capacity rising to 20% and is looking at 30% next month as the drier sea...
By Staff Reporter | Published: 10 June 2013
The Dairibord Zimbabwe Limited (DZL) has said it is not pulling out its investment in Malawi despite recording a 41 percent decline in profitability on the Malawi market.DZL investment recorded the...
By Staff Reporter | Published: 10 June 2013
The Zimbabwe Mining Development Corporation (ZMDC) says it is in talks with several foreign investors to partner the newly set up Mining Promotions Corporation (MPC) in the exploration of the country...
By Staff Reporter | Published: 10 June 2013
GREEN Fuel resumed operations at its ethanol plant here yesterday, raising prospects that the country could soon start the mandatory blending of fuel that has been on the cards for sometime.There wa...
By Staff Reporter | Published: 10 June 2013
HARARE - Zimbabwe’s rail transport system may be nearing extinction if the government does not take drastic action to solve the series of operational challenges that have made commuter and goods t...
By Staff Reporter | Published: 10 June 2013
ARDA board chairman Basil Nyabadza says all is set for the re-opening of the Chisumbanje ethanol plant on Monday following its closure 15 months ago.The re-opening of the plant is anticipated to op...
By Staff Reporter | Published: 10 June 2013
THE embattled national airline Air Zimbabwe is set to reintroduce daily flights to Johannesburg in the next two weeks as the carrier works towards a return to full schedule in preparation for the up...
By Staff reporter | Published: 10 June 2013
FBC Holdings will not be selling Turnall Holdings any time soon because there is no immediate capitalisation pressure in the group's subsidiaries, chief executive officer, John Mushayavanhu told ana...
By Business reporter | Published: 10 June 2013
Dairibord will focus on rationalisation of operations, group chief executive Anthony Mandiwanza told an analyst briefing yesterday."The rationalisation of operations which we intend to undertake is...
By Business reporter | Published: 10 June 2013
Turnall Holdings reiterated its $300 million annual turnover target by 2015 even as its F12 financial performance weakened compared with F11 as MD John Jere told analysts yesterday that they are b...
By Business reporter | Published: 10 June 2013
WALLACE Laboratories, a cosmetic manufacturer owned by former deputy minister Phineas Chihota has been thrown into liquidation after it declared insolvency.Creditors met at the High Court to conside...
By Staff Reporter | Published: 10 June 2013
THE usage of the Beira-Feruka oil pipeline continues to increase over the years owing to the Road Levy which the Government imposed on fuel dealers, who bring the product by road.Statistics released...
By Staff Reporter | Published: 10 June 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
