OIL producers have finally agreed to fortify their cooking oil within 90 days with over 50 percent of the producers having already complied with the Government mandatory fortification programme, Oil E...
TelOne has slashed voice calls by more than 80 percent seeing on-net calls going down to 1cent per minute from 5 cents and mobile calls down to 4 cents from 16 cents. This reduction has come about thr...
Implats has today announced that the Group's total platinum output rose 6.4% to 1.530 million platinum ounces in 2017, from 1.438 million platinum ounces last year. This included a 2.2% increase in m...
THE African Medallion Group (AMG) has extended the scope of its business activities to include gold purchasing and precious metal beneficiation.The development has seen AMG increasing its gold reserve...
The Insurance and Pensions Commission (IPEC) says it introduced a mandatory certificate of proficiency qualification for trustees of retirement funds to curb widespread mismanagement of the investment...
Zimbabwe's newest airline, Rainbow, has grounded its plane due to a scarcity of foreign currency and a deadly boardroom squabble.A Reserve Bank of Zimbabwe foreign currency priority list has made it d...
Standard Bank Group Ltd. appointed Sim Tshabalala as sole chief executive officer, ending a dual role he shared with Ben Kruger, and making him the first black person to lead Africa's largest lender i...
Shareholders are advised that the name of Pearl Properties (2006) Limited has been changed to First Mutual Properties Limited. The listing of the Zimbabwe Stock Exchange has been amended with effect f...
Kenya's largest pension fund administrator Zamara is planning to expand into Africa, north of the Limpopo, over the next five years, using the East African country and Zimbabwe as focal points.In Zimb...
ECONET Wireless Zimbabwe has declared a cash dividend of $10 million at 0.386 cents per share for the first quarter period ended May 31, 2017, reflecting the persistent foreign currency shortages in t...
FAST food outlets in Bulawayo have increased prices for takeaways, apparently to meet the costs of new packaging following a ban on the use of kaylite by the Environmental Management Agency (EMA) in J...
ZIMBABWE and Zambia are working on integrating the Kavango-Zambezi Transfrontier Conservation Area (Kaza) Uni-Visa into their internal systems to increase efficiency.This comes at a time when an estim...
Insurance technology specialist SSP has signed a new deal with the Masawara Group of insurance companies. The deal has seen SSP Pure Insurance deployed across Botswana Insurance Company Limited, Lion ...
Zimbabwe's leading leasing company, African Century Leasing is failing to access $35 million worth of lines of credit from different external financiers due to challenges faced in repatriating due loa...
The Broadcasting Authority of Zimbabwe (BAZ) has approached the Supreme Court contesting a High Court decision allowing Econet Media Limited (Mauritius) to distribute Kwese TV satellite content to the...
GWERU-based chrome smelting company Zimbabwe Alloys Pvt Ltd has finally ceded 50 percent of its chrome mining claims to Government in compliance with the Mine and Mining development Ministry's directi...
LEADING mobile money transfer service, EcoCash owned by Econet Wireless Zimbabwe has quashed rumours circulating on social media that it is closing accounts holding balances above $1 000 and not regis...
STATE-OWNED telecoms operator, TelOne, has recovered $60 million from debtors to date after employing a number of debt recovery methods, an official has said.The parastatal, owed more than $264 millio...
THE Ministry of Mines and Mining Development will this week sign off at least 40 gold claims across the country as Government steps up efforts to boost gold production in the country. The claims will ...
Listed diversified media group, Zimpapers 1980 Ltd's printing and packaging division - Natprint - has secured a state-of-the-art printing press as part of phase two of the company's recapitalisation. ...
FIXED phone operator, TelOne, has lost over $100 000 worth of telecommunications equipment mainly copper cables since the beginning of the year due to theft and vandalism. TelOne has since launched a ...
ONE of the country's biggest shopping malls Joina City, owned by Masawara Plc, recorded a six percent decline in occupancies for the six months ended June 30, 2017. In a statement accompanying the com...
THE National Social Security Authority (NSSA) might never fully recover millions of dollars worth of investment into Beitbridge Hotel, now a white elephant after former tenant Rainbow Tourism Group va...
Police have launched a manhunt for two senior officials from a local company, ASA Resource Group Plc, on allegations of defrauding Bindura Nickel Corporation Mine (Trojan Nickel Mine) in Bindura of mo...
The Grain Marketing Board's commercial milling division is threatening the viability of private millers amid revelations the parastatal is not paying for grain drawn from the strategic reserves. In a ...