Manicaland's dairy industry is operating below capacity due to high and unsustainable production costs.Zimbabwe has for more than a decade failed to produce enough milk and has resorted to importing f...
By Staff reporter | Published: 28 August 2017
NICOZ DIAMOND Insurance Limited saw its profit after tax declining by 0,5% to $1,2 million in the six months ended June 30, 2017 after the group incurred retrenchment costs at its unit in Malawi.In th...
By Staff reporter | Published: 28 August 2017
Stanbic Bank Zimbabwe has revamped its home loans offering in a bid to encompass both existing and prospective home owners.In an interview, the bank's acting head of personal and business banking Pats...
By Staff reporter | Published: 28 August 2017
The National Railways of Zimbabwe (NRZ) is positioning itself to reclaim its market share following its milestone partnership with a private firm that will see a US$400 million recapitalisation. 2017...
By Staff reporter | Published: 28 August 2017
The hospitality industry is leading in terms of satisfying customers after scoring top marks in a recent survey conducted by the Chartered Institute of Customer Management. Ou...
By Staff reporter | Published: 28 August 2017
The Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to generate more revenue from mining conglomerate diamonds with the initiative expected to be fully operational by next year.Since its es...
By Staff reporter | Published: 28 August 2017
Sacked Air Zimbabwe (AirZim) workers have rejected the parastatal's retrenchment package, saying it had been imposed on them in violation of the Labour Act.The Daily News on Sunday can exclusively re...
By Staff reporter | Published: 28 August 2017
INDIGENISATION minister Patrick Zhuwao is demanding a review of the sale of Barclays Bank of Zimbabwe to a Malawian financial institution, saying the deal might have violated Zimbabwe's laws, it has ...
By Staff reporter | Published: 28 August 2017
Farmers' organisations say the over $1 billion that is injected annually into agriculture by banks is not serving its purpose as their members continue to struggle to access funding due to stringent r...
By Staff reporter | Published: 28 August 2017
THE manufacturing of poultry feeds continued to dominate the stockfeed industry during the second quarter of 2017 with a monthly average of 22,473 metric tonnes worth $15,5 million, an industry offic...
By Staff reporter | Published: 28 August 2017
THE National Building Society (NBS) is targeting to fund the construction of 10 000 high to medium density housing units by the end of this year after partnering with private property developers to ad...
By Staff reporter | Published: 28 August 2017
Standard Chartered (StanChart) has announced the appointment of Kweku Bedu-Addo, as new chief executive of South Africa and southern Africa.The region comprises Angola, Botswana, Mauritius, Zambia an...
By Staff reporter | Published: 28 August 2017
GOVERNMENT says it will engage mining companies with a view to gain their buy-in on its intention to increase the threshold of mining royalties for most minerals to between 10 and 15 percent.The move...
By Staff reporter | Published: 28 August 2017
LISTED clothing group Edgars Stores Limited expects an increase in sales contribution of about two percent annually after investing $500 000 in revamping its Stanley House branch in the Harare's cent...
By Staff reporter | Published: 28 August 2017
Cement manufacturer PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of a new $82 million plant in Harare.The group's interim chief exe...
By Staff reporter | Published: 28 August 2017
Arise, an investment company formed by a partnership between Norfund, a Norwegian investment fund, FMO, a Dutch development fund and Rabobank, a Dutch commercial bank, is now NMBZ's second largest sh...
By Staff reporter | Published: 28 August 2017
Zimre Property Investment (ZPI) is planning to invest over $20 million in construction projects across the country, the company has announced.Company chairperson Jean Maguranyanga yesterday said ZPI ...
By Staff reporter | Published: 28 August 2017
FBC Holdings Limited has registered a 3% uptick in profit after tax to $9,6 million for the first half of the year on the back of managing costs despite the group's revenue for the period being down....
By Staff reporter | Published: 28 August 2017
Just a day after launch, Techzim can confirm that Econet has suspended selling Kwese TV in Zimbabwe. The suspension follows a statement issued by the Broadcasting Authority of Zimbabwe last night whic...
By Staff reporter | Published: 24 August 2017
A proposal by Barclays Plc to cede 15 percent of its shares in Barclays Bank of Zimbabwe into an employee trust has split the workers, with low-level managers demanding revision of terms.Over 500 wor...
By Staff reporter | Published: 24 August 2017
NATIONAL electronic funds switch, ZimSwitch, recorded a 1 600 percent surge in digital transaction volumes during the first half of the year, from an average of 900 000 per month to over 16 million t...
By Staff reporter | Published: 24 August 2017
THE Old Mutual Plc share price has jumped by over 30 percent in the past few months on the Zimbabwe Stock Exchange (ZSE) market, widening the gap with the stock's Johannesburg and London prices and su...
By Staff reporter | Published: 24 August 2017
THE Agriculture Bank of Zimbabwe (Agribank) has reduced its staff cost to total income ratio by 25 percentage points in the past two years owing to aggressive cost containment.Minister of Finance and ...
By Staff reporter | Published: 24 August 2017
FAST-MOVING consumer goods manufacturer, Olivine Industries, has shut down its Willowvale and Birmingham production plants due to operational inefficiencies which have resulted in high production cost...
By Staff reporter | Published: 24 August 2017
ZIMBABWE Stock Exchange-listed financial services provider, ZB Financial Holdings Limited (ZBFHL), has abandoned plans to set up a unit in neighbouring Mozambique due to foreign currency shortages.Ron...
By Staff reporter | Published: 24 August 2017
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
