KLM Royal Dutch Airlines has announced plans to stop operating the Amsterdam to Lusaka and Harare route with effect from October this year.KLM Royal Dutch Airlines began operating the Lusaka route on ...
By Staff reporter | Published: 30 July 2014
SCHNEIDER Electric, a French based energy company has signed an exclusive agreement with Samansco, a local renewable energy firm to distribute its solar powered portable LED bulbs. The signing ceremon...
By Staff reporter | Published: 30 July 2014
Hospitality concern, Hotels and Leisure Africa (HALA) said yesterday it will invest a combined $18,5 million in its operations this year until the end of 2015 as it seeks to extend its tentacles on th...
By New Ziana. | Published: 30 July 2014
London Stock Exchange listed mining giant Mwana Africa PLC says it will continue operating in Zimbabwe despite unfriendly operating environment for businesses."The single biggest challenge to operate ...
By Ventures Africa | Published: 29 July 2014
The government has secured a $100 million credit facility from a Chinese company to support small scale miners, Mines and Mining Development minister Walter Chidhakwa said last week.In a speech read o...
By Staff reporter | Published: 29 July 2014
OK Zimbabwe net sales for the quarter ending June 30 2014 declined by 3,5% attributed to declining consumption and falling product prices.In a statement by OK Zimbabwe last week, OK Zimbabwe chief exe...
By Staff reporter | Published: 29 July 2014
THE Zimbabwe Energy Regulatory Authority (Zera) has adopted a new tariff determination methodology aimed at attracting new investors into the country's struggling power generation industry.Zimbabwe is...
By Staff reporter | Published: 29 July 2014
LOSSES of retail household furniture and appliance concern Pelhams Limited widened to $3,3 million for the year ended March 31 2014 due to a sales decline, attributed to liquidity constraints.In the s...
By Staff reporter | Published: 29 July 2014
INNSCOR'S fast foods division will in the next 12 months spend more than $1,5 million on expanding its operations in the southern region, a development expected to boost employment levels.The division...
By Oliver Kazunga | Published: 29 July 2014
RM Insurance is set to be rebranded to Old Mutual Zimbabwe as part of a strategy to align its subsidiaries to the main Old Mutual brand, The Herald Business reported.Old Mutual group's short term insu...
By Staff reporter | Published: 29 July 2014
The High Court has ordered Telecel Zimbabwe to handover copies of resolutions passed by its board and minutes of all meetings held since March 2010 to its suspended acting chairperson Dr Jane Mutasa.D...
By Staff reporter | Published: 29 July 2014
Arbitrators in the salary dispute between the soft drink manufacturing employees union and manufacturing employers association have awarded a 10 percent wage increase to workers.However, the employers...
By Staff reporter | Published: 29 July 2014
The strong US dollar adopted in 2009 and the depreciation of the South African rand in recent years has made local products 25 percent more expensive and less competitive compared to imported goods, t...
By Golden Sibanda | Published: 29 July 2014
British American Tobacco Zimbabwe has declared a $0,30 per share interim dividend for the six months to June.The interim dividend includes $0,04 to be paid from historical earnings.The dividend comes ...
By Conrad Mwanawashe | Published: 29 July 2014
PPC Zimbabwe has secured about $18 million for the construction of a new cement plant in Harare. The cement company says construction of the new plant is the "main priority" at the moment."Preliminary...
By Tinashe Makichi | Published: 29 July 2014
Nissan Zimbabwe lost its local Nissan franchise on June 30th, 2014 as Nissan Motor Corporation decided not to renew the distribution agreement following the acquisition of the local dealership by a co...
By Clara Mawere and Nhlanhla Dube | Published: 29 July 2014
The National Railways of Zimbabwe (NRZ) has agreed to borrow $460 million from the Development Bank of Southern Africa to develop its unprofitable network that relies mainly on rolling stock acquired ...
By Reuters | Published: 24 July 2014
Stock Feed Manufacturer Association (SFA) has advised its members to stock up on maize as the local crop is running out and imports are yet to be approved.In a recent meeting of members, the associati...
By Staff reporter | Published: 24 July 2014
Zimbabwe-focused multi-commodity resource development company, African Consolidated Resources (ACR) has said it has reached an agreement with Falcon Gold to extend the date for the payment of the outs...
By Staff reporter | Published: 24 July 2014
GOVERNMENT will soon ensure that Fidelity Printers and Refiners charges competitive prices on all gold delivered to the buyer to curb smuggling of the mineral, a Cabinet Minister has said.In the 2014 ...
By Staff reporter | Published: 24 July 2014
THE banking sector has no capacity to meet financial requirements for the mining industry due to the liquidity crunch facing the economy, the Bankers Association of Zimbabwe president, Sam Malaba, sai...
By Oliver Kazunga | Published: 24 July 2014
The Minister of Transport and Infrastructural Development Obert Mpofu has appointed a substantive board for Air Zimbabwe.The eight member board is chaired by Abdulman Harid who is a former Commissione...
By Staff reporter | Published: 24 July 2014
GOVERNMENT is negotiating a $25 million loan agreement with the Eximbank of India to buy 500 buses to revive the Zimbabwe United Passenger Company's operations. Local Government, Public Works and Nati...
By Staff reporter | Published: 24 July 2014
CABINET has approved the restructuring of the Mines and Mining Development Ministry which will see four mining districts replaced by eight mining provinces, an official said. Mining commissioners, who...
By Martin Kadzere and Oliver Kazunga | Published: 24 July 2014
CABS is running unsecured payroll lending at $127 million and corporate sector loans amounting to just under $100 million including to the Distressed and Marginalised Areas Fund. Unveiling CABS new co...
By Conrad Mwanawashe | Published: 24 July 2014
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
