STATE-OWNED agro-lender, Agribank and FBC are going into the market to raise $20 million for the 2017/18 agricultural cropping season.This development follows the permission by government last month f...
FOREIGN-owned bank MBCA and the country's largest mobile network provider Econet Wireless Zimbabwe are finalising a deal which will see the bank integrate with the latter's mobile money platform EcoCa...
Econet Wireless, the largest mobile network operator (MNO) in Zimbabwe has moved to enlarge its retail footprint and further widen its product and service distribution network by opening a new custome...
A Harare magistrate has quashed criminal charges against Delta Beverages (Pvt) Ltd for selling liquor without an agent liquor licence.The multi national company was relieved of the charges after Harar...
AN unnamed Indian investor will snap up a 70 percent stake in Zimbabwe's second largest ferro-chrome producer Zim-Alloys after judicial manager Reggie Saruchera sealed a deal for a $90 million investm...
AN Information and Communication Technology (ICT) expert has called for the further strengthening of the Real Time Gross Settlement (RTGS) amid revelations that a total of 2,5 million transactions va...
THE Zimbabwe Wheat Board (ZWB) has pleaded with government to intervene over the soaring costs of wheat production.The ZWB yesterday met acting President Emmerson Mnangagwa (pictured), where they plea...
GOVERNMENT and Sakunda will collectively invest $68 million towards installation of centre pivots to strengthen irrigation infrastructure in support of agricultural programmes for import-substitution,...
Police are looking for Freda Rebecca Mine chief finance officer Kwong Po Shum for allegedly defrauding the company of over $214 000.According to a statement from Bindura CID, Kwong misrepresented that...
FREDA Rebeca's controlling London-listed shareholder, Asa Resources Plc, has run into a fresh shareholder dispute after a 15 percent owner in its Bindura gold mining unit accused the Chinese controlle...
SecZim has warned businessman Van Hoogstraten against violating market rules after his investment vehicle tabled an informal rival offer to CFI Holdings minorities.SecZim chief executive Tafadzwa Chin...
INGWEBU Breweries management is not certain when the production of its non-alcoholic sorghum mahewu, which was suspended recently, will resume.Ingwebu, run by the Bulawayo Municipal Commercial Underta...
The Insurance and Pension Commission (Ipec) says the insurance industry registered a 32% total asset base growth to $5,4 billion, as at March 2017 due to growth in equities and asset revaluations.Ipec...
MONARCH Steel, a division of Treger Group of Companies has recorded 167 increase in export volumes since last year buoyed by Government's measures to support local industries.This has seen the company...
SINO-Hydro has concluded a power purchase agreement with the Zimbabwe Electricity Transmission and Distribution Company for the supply of power from Hwange 7 and 8 units, a critical step towards reach...
ABOUT 320 jobs have been created at the Agricultural and Rural Development Authority (Arda) Antelope Estate in Maphisa, Matobo District, alone through revitalised agricultural production, Acting Presi...
TOBACCO sales have generated $540.9 million from 182.3 million kilogrammes that have gone under the hammer since the beginning of the marketing season in March, latest official data show.Last year, d...
ZIMBABWE'S revenue from avocado exports increased by over 301.9 percent to $4.2 million last year from $1 million in 2012 driven mainly by large-scale avocado producers in Manicaland.In a monthly news...
Turkish Ambassador to Zimbabwe, Mr Kadir Hidayet Eris says Turkish Airlines is ready to introduce directs flights to Harare and has urged the Zimbabwean government to expedite the ratification of the ...
Alibaba Group Holding and Marriott International, Inc. today announced the establishment of a joint venture to redefine the travel experience for the hundreds of millions of Chinese consumers travelin...
The Insurance and Pension Commission (IPEC) has ordered all insurers, brokers and intermediaries to immediately stop using "unregistered" touts for marketing and selling insurance policies, especially...
LEADING baking firm, Baker's Inn has installed an additional $5 million plant at its Bulawayo factory as it moves to satisfy the demand of its bread in the southern parts of the country.Regional engin...
THE Reserve Bank of Zimbabwe (RBZ) says it will take action against microfinance institutions that continue to charge lending rates above 10 percent per month.In February, the monetary authority issue...
SOUTH Africa and Zimbabwe have culled more than one million chickens after an outbreak of avian influenza, which threatens food security in the region, the Food and Agriculture Organisation said."This...
The labour row pitting the Reserve Bank of Zimbabwe (RBZ) and security guards it retrenched five years ago is back at the Labour Court with the former employees demanding their dues.The Supreme Court ...