THE Government has launched investigations into allegations that the country might have lost millions of dollars in potential revenue through a well orchestrated syndicate involving a gold processing ...
ECONET Wireless will carry out scheduled maintenance work on its mobile money transfer platform EcoCash over the weekend to optimise the system ahead of increased transaction volumes anticipated in th...
The cash shortages in Zimbabwe have reached alarming levels to an extent where getting money has become so hard and expensive for the poor nationals.The rich and the powerful view the issue of an ordi...
Cigarette manufacturer, British American Tobacco (BAT) has appointed three members to its board, while one non-executive director has left with effect from the 25th of July.Messrs Alijandro Riomayor a...
Mortgage lender, CABS profit for the half year to June 30, 2017 amounted $16 million, which was 20 percent lower than $20 million reported in the same period last year.The decline was on the back of ...
The National Building Society (NBS) on Thursday unveiled 65 newly built low-cost houses in Amalinda high-density suburb.The houses will mainly benefit workers from the Tobacco Industry and Marketing B...
The local poultry market is yet to feel the impact of the contagious bird flu disease which has killed thousands of chickens, an official has said.According to the Food and Agricultural Organisation, ...
Zimbabwean farmers sold 184,5 million kg of the nation's top export earner tobacco by day 99 of the selling season, which is 7,3 percent lower compared to 199,1 million kg received in the prior ...
Zimbabwe has been hit by a serious shortage of day-old chicks and, in some cases, table eggs, which could worsen in the coming weeks in the event that the root cause is not addressed.The deficit is du...
THE Zimbabwe Consolidated Diamond Company (ZCDC) has suffered a major blow after being ordered to immediately shut down its mining operations this week by the High Court amid reports its activities do...
THE Zimbabwe Stock Exchange (ZSE) is investigating conglomerate CFI Holdings following several trades that resulted in significant share price movements amid concerns that one of the majority sharehol...
Banking stocks are still a huge turnoff for investors on the local equities market if valuation multiples are anything to go by.A look at price-to-book ratios of Zimbabwe Stock Exchange (ZSE)-listed c...
Old Mutual Ltd will take positions in real assets and avoid monetary assets to preserve value, CE Jonas Mushosho said.This comes amid concerns inflationary pressures are re-emerging in the economy.Mus...
Zimra is closing in on thousands of small scale gold and artisanal miners across the country, according to sources, ending a tax honeymoon which both industry and the Government fears could lead to ma...
Barclays Plc and the Barclays Bank of Zimbabwe board of directors are constituting a board of trustees to superintend the 322 998 026 ordinary shares to be housed under the Employee Share Ownership Tr...
Eight international airlines have suspended selling their services from Zimbabwe after debts owed to them by local travel agents rose to over $20 million, fanned by biting foreign currency shortages, ...
Zimbabwe Energy and Power Development Minister Samuel Undenge says a power price increase in the country is unavoidable as the current subsidized tariff is unsustainable. Zera turned down an electrici...
Government has expressed concern over the private sector's reluctance to provide significant funding support to agriculture, which provides a number of key raw materials required by industry for manuf...
The Postal and Telecommunications Regulatory Authority of Zimbabwe will build 250 base stations under a multi-operator radio network extension project with capacity for 2 million users. Potraz will en...
The Zimbabwe Power Company (ZPC) says electricity generated in the second quarter of 2017 was 5 percent below target due to inadequate coal supplies for its thermal power stations and continued water ...
First Mutual Holdings Limited (FMHL) is planning to merge Nicoz Diamond Insurance Limited (NDIL) and TristarInsurance Company Limited if its proposed acquisition of the former goes through. The implem...
GOVERNMENT has licensed telecommunications guru, Strive Masiyiwa's Kwesé TV, a development which will bring competition to MultiChoice's Digital Satellite Television (DStv).NewsDay heard yesterday th...
ZB Financial Holdings (ZBFH) is negotiating for $35 million lines of credit from regional banks, as it seeks to fund its various operations."The group has made inroads in mobilising lines of credit. A...
GOLD deliveries by small-scale miners increased by 7.8 percent to 1 127.5 kilogrammes last month from 1 045.9kg in June, data from Fidelity Printers and Refiners show.The small-scale mining sector whi...
Former Interfin Bank Limited managing director Raymond Njanike will be spearheading the establishment of the newly formed EmpowerBank following his appointment as board chairman of the institution.Gov...