AfrAsia Bank has filed an appeal at the Supreme Court challenging the High Court's decision to nullify the deed of settlement signed between the bank and mining company RioZim.This comes as the bank l...
Zimbabwe Development Party (ZDP) president, Kisinoti Munodei Mukwazhi has dragged global telecommunication giant Econet Wireless to the High Court seeking $500 000 in damages for loss of business due...
The public has raised concern over poor monitoring mechanisms by monetary authorities as cash is flooding streets instead of it being in financial institutions.Illegal cash dealers are experiencing a ...
Local financial institutions have been implored to assist indigenous tobacco players to access the $50 million export facility set aside by the Reserve Bank of Zimbabwe to boost production of forex ge...
Technology group EOH's share price plummeted more than 12% at one point on the Johannesburg Stock Exchange on Tuesday as investors took fright at the resurfacing of corruption allegations involving a ...
South Africa's explosives and specialty chemicals group AECI advised its shareholders that it expects to report a 30% to 35% increase in its headline earnings per share (HEPS) for the six months ended...
The proposed acquisition by Vodacom Group of an effective 35% stake in Safaricom, Kenya's leading integrated communications company, cleared an important hurdle today when Vodacom minority shareholder...
South Africa's Anglo American Platinum (Amplats) on Tuesday advised its shareholders to expect a sharp fall in earnings of between 67% and 45% for the six months to June 30. Amplats will release...
An estimated 120 tonnes of maize has reportedly been burnt at Burnbank Farm near Mubaira.The incident was a result of a veld fire, according to farm owner Alderman Audrey Hativagone.She told reporters...
Zimbabwe has increased the limit of the amount of money consumers can use in online payment platforms amid an explosion of online and mobile payment transactions."In line with the goal to encourage th...
TOP managers at DCK Supermarket's Gweru branch appeared in court yesterday charged with failing to bank their daily cash receipts in contravention of the Reserve Bank of Zimbabwe's (RBZ) Bank Use Prom...
THE board of Barclays Bank Zimbabwe (BBZ) says the sale of its local unit to First Merchant Bank of Malawi is subject to statutory regulation and approval by the Reserve Bank of Zimbabwe.In June, Bar...
CHOPPIES Zimbabwe has partnered with Variable Solutions to champion an innovative online shopping system that enables customers to order goods using the internet.The platform was developed by Kamelee...
THE Zimbabwe Tourism Authority (ZTA) has partnered with models whom they believe are the best tourism ambassadors to market the country's destinations locally and internationally.Last week, the touri...
The Cotton Ginners Association of Zimbabwe (CGAZ) has welcomed the Reserve Bank of Zimbabwe's (RBZ) decision to provide $40 cash to seed cotton growers for each bale of cotton they deliver to the Cott...
George Manyere, the former Brainworks Capital chief executive, has re-emerged in the investment finance field as the controlling shareholder of Johannesburg Stock Exchange-listed Ecsponent group.Ecspo...
ZIMBABWEAN banks have been accused of allocating foreign currency for the importation of finished garments instead of raw materials, thereby pushing local clothing manufacturers further towards the ed...
Close to 40 former Zimasco (Pvt) Ltd employees in Mutorashanga face eviction from company premises after their ex-employer reneged on a pledge to sell the houses to them.The ex-employees recently accu...
Access to basic healthcare services and products remains a challenge throughout significant portions of the world. When many people think of a lack of healthcare and/or the consequences that follow it...
Tumbling chrome prices have left local miners clutching at hopes of attracting huge investment in the value-addition process of the commodity which requires over half a billion dollars.Small-scale chr...
The Environmental Management Agency (EMA) has given kaylites manufacturers three months reprieve to wind up their operations leaving the discretion to use kaylites to individuals.kaylites manufacture...
The sale of Barclays Bank Zimbabwe (BBZ) continues to be dogged by controversy amid revelations that the deal was consummated through a share-swap and in which Barclays plc would get a stake in Maurit...
Females will occupy all high-paying jobs at the mooted Women's Bank, a Cabinet minister has said, adding men will be doing menial jobs at the financial institution.Women Affairs minister Nyasha Chikwi...
THE Zimbabwe National Tourism Master Plan (ZNTMP) has found that the three major airports in the country, in Harare, Bulawayo and Victoria Falls are underexploited by nearly 75% despite millions of do...
ECONET Wireless Zimbabwe will upgrade its existing 2G sites countrywide to 3G by the end of the year, as part of a huge data network advancement the company is carrying out.In a statement last week, E...