Cement producer PPC Zimbabwe posted its highest monthly volumes during the first quarter ended June 30, 2017, its parent company PPC South Africa has reported."PPC Zimbabwe also saw double digit volu...
Border Timbers' shares were yesterday registered on the Central Securities Depository, becoming the last listed counter to do so, two years after the Zimbabwe Stock Exchange automated."Shareholders, c...
After a string of down days, the Northern China import price of 62 percent Fe content ore bounced back on Thursday. According to data supplied by The Steel Index the steelmaking raw material jumped 5,...
State-owned Air Zimbabwe (AirZim) is reporting huge losses of $2 million every month as mismanagement, high operating costs, old equipment and aircraft that are no longer profitable to fly weigh on it...
NMB Bank has launched a new package of financial services after unveiling the NMBLife range of products at the ongoing Harare Agricultural Show. This takes the group's progress, in terms of the bank's...
MORTGAGE provider, the National Building Society has produced over 3 000 houses during the first half of 2017, an amount double the units produced by the whole industry in 2016.Last year, mortgage pro...
Zimbabwe is set to miss its tobacco 200 million kilogrammes target after farmers delivered 186,3 million kg of the golden leaf on Day 105 compared to 200 million kg delivered in the same period last y...
EconetLife, a subsidiary of Econet Wireless Zimbabwe has launched the "Mabhodho Zvakare Promotion" which encourages communities to band together and consolidate their local bereavement support groups ...
THE Airports Authority of India (AAI) says Zimbabwe could be losing millions in potential revenue through uncollected aeronautical revenue for use of its airspace, a senior official with India's ports...
The African Development Bank is in the process of recruiting a water supply and sanitation specialist to join the Zimbabwe Multi-donor Trust Fund (ZimFund) for a year.ZimFund is an AfDB-managed fundin...
Zimbabwe has so far exported 79 million kilogrammes of tobacco, up from 61, 5 million kgs exported in the prior comparable period last year, statistics that the industry regulator released show.In its...
Arise, an investment company that was formed by a partnership between Norfund (a Norwegian investment fund), FMO (a Dutch development fund) and Rabobank (a Dutch commercial bank) has taken over 69.14...
THE new Mines and Minerals Amendment Act is expected to create a favourable operating environment for small-scale miners, who are currently bearing the brunt of a punitive colonial law that criminalis...
Zimbabwe yesterday cleared all South African Airways (SAA) and British Airways (BA) flights that sought to land in the country following fruitful engagement among the concerned aviation authorities, T...
TURNALL Holdings Limited is targeting government and NSSA business as it works toward a break even position by year end, acting managing director Roselyn Chisveto told shareholders at the annual gener...
ZIMBABWE'S second largest mobile network NetOne registered a 2,9 percent slump in airtime revenues for the year ended December 2016 to $70,1 million down from $72,2 million.Airtime revenues are mainly...
AGRIBANK has lined up agriculture and export facilities totalling $98 million and about $20 million has so far been snapped up as the bank steps up efforts to play its key mandate of financing agricul...
Barclays Plc, parent company for Barclays Zimbabwe expects to complete its divestiture from the local operation during the second half of 2017 as the banking firm eyes maintaining profitability going ...
THE country's broad money supply continues to be dominated by short-term deposits, a factor that constrains the local financial services sector's capacity to lend to critical sectors of the economy on...
Milk production for the month of July rose 6,2 percent to 5 810 176 litres compared to 5 471 113 litres in the period a year ago. This is the highest milk production achieved so far as the sector is b...
The National Bakers Association of Zimbabwe's production is being hampered by the outstanding US$16 million in foreign payments for the acquisition of raw materials for the bread industry.The local ba...
Hotel operators in Victoria Falls are reporting a better-than-expected half year profit and raising their earnings forecast for the year, helped by a boost in business travel following a recently comm...
The Division of Veterinary Services has imposed strict controls on the operation of veterinary laboratories in new regulations under the Animal Health Act.This comes after the Council of Veterinary Su...
Government is looking for an investor to inject $6 million in once Zimbabwe's and southern Africa's biggest drug manufacturer - CAPS Holdings - which has been teetering on the brink of total collapse ...
Desperate Blanket Gold Mine's output in the second quarter remaining largely flat at 12 521 ounces from 12 510 oz in the prior comparable period, parent firm Caledonia Mining Corporation remains confi...