Gwanda-based gold miner Duration Gold will introduce strict cost cutting measures to improve efficiencies to counter the fluctuation of gold prices on the international market.The move comes after the...
By Tinashe Makichi | Published: 15 July 2014
ABOUT 40 investors have submitted bids to undertake a wider range of business activities at the Agricultural and Rural Development Authority through Public Private Partnerships.Business plans were rec...
By Staff reporter | Published: 15 July 2014
ECONOMIC commentators say the performance of the banking sector in the first quarter was satisfactory given the prevailing challenges the country is facing.The Reserve Bank of Zimbabwe, in its banking...
By Staff reporter | Published: 15 July 2014
The Zimbabwean Government is set to sign a memorandum of understanding (MoU) with the United States to promote tourism between the two countries, an official has said.Addressing journalists at his off...
By Staff reporter | Published: 10 July 2014
The fate of Motec Holdings subsidiary, Deven Engineering, hangs in the balance as the group awaits confirmation of funds from the shortlisted bidders.The Industrial Development Corporation (IDC) annou...
By Staff reporter | Published: 10 July 2014
Bindura's Trojan Mine has resumed full production generating revenue of $65 million despite depressed global prices of nickel.Trojan re-entered the ranks of nickel producers with significant productio...
By Staff reporter | Published: 10 July 2014
Cimas Medical Aid Society is currently sending out every week about 9 000 new colour coded membership cards with photographs that are designed to reduce the number of fraudulent claims.The society est...
By Staff reporter | Published: 10 July 2014
ECONET subscribers in Bulawayo and some parts of the southern region were left stranded after they failed to access internet services following a fault in the company's signal links.The internet servi...
By Staff reporter | Published: 10 July 2014
Emirates, which flies daily from Harare to Dubai via Lusaka, has increased its Economy Class checked baggage allowance by a third, bringing it into line with the Business Class offering.The generous 4...
By Staff reporter | Published: 10 July 2014
Zimbabwe's banking sector has witnessed a 2,5 percent and 3,6 percent decline in net capital and core capital levels, respectively as at the end of the first quarter, the Reserve Bank of Zimbabwe has ...
By Staff reporter | Published: 10 July 2014
MOBILE telecommunications company Telecel says it is increasingly focusing on data services as a business strategy in line with current trends in the market.The advent and rapid market adoption of non...
By Staff reporter | Published: 10 July 2014
Freda Rebecca's gold output declined by 10 percent to 58,704 ounces in the year to March weighed down by lower head grade and mechanical faults on the milling plant. Mill head grade of 2,10g per tonne...
By Golden Sibanda | Published: 10 July 2014
FBC Holdings will soon start drawing down on the last tranche of $20 million out of the $60 million facility secured from Afreximbank after signing off papers for the release of the funds. Group chief...
By Golden Sibanda | Published: 10 July 2014
ZIMBABWE'S textile industry needs at least $200 million in the short to medium term to recapitalise, according to a latest study on the country's cotton and clothing industry. About $50 million is req...
By Martin Kadzere | Published: 10 July 2014
Over 373000 kgs of tobacco valued at over $1,1 million has been sold under the contract system since the end of the 2014 flue-cured tobacco selling season last month.The Tobacco Industry and Marketing...
By Staff reporter | Published: 09 July 2014
Shares of Pan-African multi-commodity mining firm, Mwana Africa plc, climbed 18 percent in this morning's trading on the London Stock Exchange after reporting a profit in its fiscal 2014, mainly on st...
By Staff reporter | Published: 09 July 2014
THE Infrastructure Development Bank of Zimbabwe (IDBZ) is awaiting drawdown on two lines of credit amounting to $40 million as the institution mobilises resources for infrastructure projects.The move ...
By Staff reporter | Published: 09 July 2014
PAN-African banking group,BancABC, has gone on a restructuring exercise that will see Hashmon Matemera returning to group level after a four-year stint as managing director for the Zimbabwean unit.Mat...
By Staff reporter | Published: 09 July 2014
THE country's sole ammonium nitrate (AN) fertilizer manufacturer, Sable Chemicals, has assured farmers of enough stocks of the commodity for the winter wheat cropping season.Sable Chemicals chief exec...
By Lovemore Zigara | Published: 09 July 2014
Platinum mining firms have warned that the 15 percent levy Government imposed on raw platinum exports could lead to a collapse of the strategic industry. The export tariff took effect at the beginning...
By Golden Sibanda | Published: 09 July 2014
THE National Social Security Authority has appointed Deloitte and Touché to process papers for its application for a micro-finance bank licence that will have an initial capital of $50 million. The n...
By Conrad Mwanawashe | Published: 09 July 2014
United States-based Raptor Resources Holdings has finalised its plan to develop its green field nickel and copper mineral claims in Shamva, the company confirmed yesterday. Raptor Resources is a minin...
By Staff reporter | Published: 09 July 2014
Nissan South Africa has partnered five local Nissan dealers in a direct to dealer arrangement that will see the company extending its footprints on the local market. The five chosen dealers are set to...
By Business Reporters | Published: 09 July 2014
AFRICAN Sun says a 12 percent increase in seats is required to satisfy demand for room nights in peak periods in Victoria Falls hotels as this would help the hospitality group overturn a negative four...
By Staff reporter | Published: 09 July 2014
Government is keen on resuscitating the Feruka Oil Refinery in the Eastern border city of Mutare, but is incapacitated by the lack of financial resources to undertake the project, Energy and Power Dev...
By Staff reporter | Published: 09 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
