LISTED telecoms firm, Econet has scaled down the issuance of new debit cards for its mobile money service, EcoCash, in line with the central bank's directive to monitor foreign expenditure.Local finan...
THE Mines and Mining Development Ministry has insisted on a combined role for the proposed Minerals Marketing and Exploration Corporation following efforts by legislators to separate the entity's func...
ONE of the biggest gold mines in the Midlands Province, Sabi Gold Mine has set targets to produce an average of 25 kilogrammes of gold per month with effect from September with management expecting to...
THE Directors Protection Council of Zimbabwe (DPCZ) is fighting to save Bulawayo companies sinking in bank debts pleading with financial institutions to transfer their non-performing loans (NPLs) amou...
SABLE Chemicals - Zimbabwe's biggest ammonium nitrate manufacturer - is now operating at 30 percent capacity as it battles to rediscover its footing following remodelling of its plant to improve effic...
ZIMBABWE AIRWAYS - the new debt-free Phoenix rising out of the ashes of Air Zimbabwe - is in advanced talks with a Brazilian company to lease five aircraft to service underserved regional routes, it h...
THE Confederation of Zimbabwe Industries (CZI) has proposed the adoption of supplier development programmes in the country so that mines and suppliers work together to resolve issues hindering linkage...
A number of banks are demanding the elusive United States dollar and an extra commission to process DStv subscriptions for locals as more plastic money payment avenues are being closed, sidelining a n...
The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing i...
The Reserve Bank of Zimbabwe (RBZ) is considering tightening screws on the banking sector by planning to make public bank ratings which show the health of banks to protect depositors, a senior central...
The sale of a parcel of CFI Holdings shares valued at US$1,5 million to British business tycoon Nicholas Van Hoogstraten last Thursday is now caught in controversy amid allegations the trade was betwe...
Barclays Bank Plc will pay out a £2 million (US$2,6 million) closing bonus to Barclays Zimbabwe Limited workers as the United Kingdom-based banking group divests from the local market after 105 years...
PREPARATIONS for the 10th edition of Hlanganani/Sanganai World Tourism Expo are progressing well, with 240 companies having registered so far to participate, organisers of the event have revealed.The ...
THE closure of Delta Corporation's Victoria Falls depot this week is likely to open floodgates for cheap imported beverages and negatively affect local dealers in the resort town, the local business c...
THE Minerals Marketing Corporation is directly engaging foreign chrome ore buyers to achieve premium prices and better returns for small-scale producers in a bid to cushion them from middlemen who are...
THE National Railways of Zimbabwe (NRZ) says it has discovered a new niche market in chartered steam locomotives, which have proved to be a hit among foreign tourists and a revenue source.NRZ spokespe...
The Confederation of Zimbabwe Retailers (CZR) says the use of mobile and plastic money has risen to account for 80 percent of transactions in the retail sector.Addressing delegates at the 'Cash challe...
Canadian junior miner Caledonia Mining Corporation says it has received approval for the listing of its common shares on the New York Stock Exchange (NYSE).The listing should accrue benefits for the ...
JENA Gold Mines, owned by the State's Zimbabwe Mining Development Corporation (ZMDC), got a reprieve from debtors when the High Court ordered a creditors' meeting to consider a moratorium on claims.Je...
RESERVE Bank of Zimbabwe (RBZ) governor says he is worried about the creation of money through the issuance of Treasury Bills and loans which is causing a mismatch between local RTGS balances and nost...
THE Zimbabwe Mining Development Corporation has appointed Demand Gwatinetsa as the general manager who is expected to spearhead the turnaround of the group.ZMDC is a mining entity with a statutory man...
TelOne has introduced "Alert Me" service for all their broadband customers, where customers will now be able to receive updates on their data balance and get reminders for recharging.This is part of t...
A UNITED Kingdom construction company has set its eyes on setting up business in Zimbabwe saying the country is a good investment destination.Parry Building Products Limited also seeks to engage the G...
MULTI-Choice Zimbabwe has assured its subscribers that its digital satellite TV (DStv) will not be suspended contrary to rumours circulating that the Sub-Saharan Africa pay TV will soon stop operating...
INTERNATIONAL fast food chain Kentucky Fried Chicken (KFC) is putting final touches on its Bradfield Bulawayo outlet ahead of opening slated for next month.KFC Bulawayo will be the fifth branch of th...