CBZ Bank has provided $6 million to smallholder farmers through two facilities over the past two years.The bank gave out 9 554 loans valued at $5,2 million to farmers across the country under the Live...
By Staff reporter | Published: 24 August 2017
BRITISH investor, Nicholas van Hoogstraten, said his investment vehicle, Messina Investments (Messina), has been buying from CFI Holdings (CFI) minorities rival since bidder Stalap Investments' offer ...
By Staff reporter | Published: 24 August 2017
BARCLAYS Plc is proceeding with the sale of Barclays Bank of Zimbabwe to Malawi-listed lender, FMB Capital, after receiving unofficial authorisation from the central bank to close the transaction, acc...
By Staff reporter | Published: 24 August 2017
Listed financial services provider NMB Holdings has received approval from the Reserve Bank of Zimbabwe for its banking subsidiary to introduce agency banking.Chief executive Mr Ben Washaya told anal...
By Staff reporter | Published: 24 August 2017
Listed wines and spirits maker African Distillers Ltd (AFDIS) doubled its after-tax-profit to $2, 7 million in the six months to June 30, 2017 from $1, 1 million recorded in the same period last year....
By Staff reporter | Published: 24 August 2017
Mobile operator Telecel Zimbabwe has announced that it has begun the upgrade of the network in readiness for the launch of LTE services by September and to improve quality of service.The mobile compan...
By Agencies | Published: 24 August 2017
Dairibord has completed 70 percent of the work around configuring its business model to a much learner structure, financial director Mercy Ndoro has said.Responding to emailed questions, Ms Ndoro sai...
By Staff reporter | Published: 24 August 2017
THE People's Own Savings Bank (POSB) has disbursed $1,5 million in mortgage financing since certification early this year, as the bank announces its arrival in a competitive industry.The mortgage sect...
By Staff reporter | Published: 24 August 2017
AGRICULTURE, Mechanisation and Irrigation Development Minister Joseph Made has threatened to bring all cotton marketing activities under Government control to prevent smuggling and side marketing by p...
By Staff reporter | Published: 24 August 2017
KWESE TV has partnered local player, Dr Dish in a content distribution deal that will see the Econet media owned company beam in the country. However, there is confusion as the Broadcasting Authority ...
By Staff reporter | Published: 24 August 2017
STANBIC Bank Zimbabwe says it has invested $88.8 million to fund the capital needs of various players in the country's mining sector in 2016 as part of its efforts to contribute to national developmen...
By Staff reporter | Published: 24 August 2017
FIDELITY Printers and Refiners is paying out $15 million to the estimated 300 000 artisanal gold miners on a weekly basis, Finance and Economic Development Minister Patrick Chinamasa said.Speaking at ...
By Staff reporter | Published: 24 August 2017
Tobacco exports are expected to reach nearly $1 billion during the 2017 season, the tobacco industry has said.Premier Tobacco Auction Floor managing director Mr Philemon Mangena said this yesterday at...
By Staff reporter | Published: 24 August 2017
The People's Own Savings Bank (POSB) has launched a mortgage finance division as it spreads its products to increase revenue streams and consolidate its market.The new division seeks to finance housin...
By Staff reporter | Published: 23 August 2017
Impala Platinum, the parent company of Zimbabwe's largest platinum producer Zimplats, says its headline loss per share for the year ended June 30, 2017 is expected at between 125 and 150 cents per sha...
By Staff reporter | Published: 23 August 2017
NMBZ Holdings, NMB Bank's holding company, recorded a profit before tax of $4 838 174 for the half-year ended June 30, 2017, resulting in total comprehensive income of $3 556 915.This was an increase ...
By Agencies | Published: 23 August 2017
Safeguard Security has warned of a noticeable increase in crimes involving firearms, particularly in remote areas, and of an increase in break-ins in Harare's northern suburbs. It has urged those with...
By Agencies | Published: 23 August 2017
THE Zimbabwe Poultry Farmers' Association (ZPFA) says stockfeed prices are yet to go down despite the bumper harvest realised this year.Following the good rains that the country received in the previo...
By Staff reporter | Published: 23 August 2017
THE Confederation of Zimbabwe Industries (CZI) says this year's manufacturing sector survey would be completed in October with the results expected in November.CZI president Mr Sifelani Jabangwe said ...
By Staff reporter | Published: 23 August 2017
Diamond output has hit 1.25 million carats in the last seven months with the Zimbabwe Consolidated Diamond Company (ZCDC) eyeing to reach the 2 million carats target for this year.The production figur...
By Staff reporter | Published: 23 August 2017
The Insurance Council of Zimbabwe (ICZ) will conduct awareness campaigns on how the insurance industry works as well as review the Insurance and Pension Commission Act to address some of the challenge...
By Staff reporter | Published: 23 August 2017
The Broadcasting Authority of Zimbabwe (BAZ) wishes to advise the public that the authority has not issued a licence to Kwese TV to operate in Zimbabwe.This follows media reports suggesting that Kwese...
By Staff reporter | Published: 23 August 2017
THE poultry industry is faced with chick and egg shortages as one of the big breeders has been hit with bird flu, and the sector was requesting assistance from the government.Zimbabwe Poultry Associat...
By Staff reporter | Published: 23 August 2017
ZIMRE Property Investments Limited has set aside about $20 million for the development of its construction projects in Bulawayo and Victoria Falls that are expected to begin soon.The projects comprise...
By Staff reporter | Published: 23 August 2017
Three Delta Beverages employees yesterday appeared at the Harare Magistrates' Court facing fraud charges involving $761 616 after they allegedly manufactured fictitious expense claims and processed p...
By Staff reporter | Published: 23 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
