Zimbabwe has retained the presidency for Federation of Clearing and Forwarding Associations of Southern Africa (FCFASA) following an annual general meeting which was held in Victoria Falls last week. ...
By Thupeyo Muleya | Published: 30 June 2014
Fidelity Life Assurance of Zimbabwe Limited is expecting its $5 million bond issue to be fully subscribed by the end of this month as many investors have expressed interest in the instrument. As...
By Staff reporter | Published: 30 June 2014
MAKOMO Resources, Zimbabwe's second largest coal miner, intends to build a 600 megawatt plant in Hwange as early as next year, adding to the national power grid while work on the Kariba South Power St...
By Martin Kadzere | Published: 30 June 2014
SEED CO will receive the last tranche of capital amounting to $28 million from its US technical partner Limagrain before end of year under an equity deal valued at $40 million.The funding is expected ...
By Staff reporter | Published: 30 June 2014
Mr. Nyasha Matonda was appointed Chief Executive Officer with effect from 1 June 2014. He was confirmed as an Executive Director with effect from 19 June 2014..
...
By WILD | Published: 30 June 2014
Barclays Zimbabwe officially launched its recently introduced Point of Sale (POS) acquiring devices last week in Victoria Falls.Barclays Zimbabwe wanted to visibly demonstrate how this product would s...
By Staff reporter | Published: 30 June 2014
Car assembler, Willowvale Mazda Motor Industries (WMMI), says its vehicles are not compatible with E15 fuel blend and does not warranty cars using such fuel should they develop engine or emission syst...
By Staff reporter | Published: 30 June 2014
Two ZB Financial Holdings companies have been let go by the group after low performance with no hope of clear sign of turning profits.Addressing the group's AGM Non-Executive Director Tendai Mafunda s...
By Staff reporter | Published: 27 June 2014
Bottled water and soft drinks manufacturer Schweppes Zimbabwe says its export business is now active and the company has lined up the Angolan and Democratic Republic of Congo as it spreads its wings i...
By Staff reporter | Published: 27 June 2014
Cottco Group Limited has recorded a significant $6,9 million profit less than it recorded the prior year and is now expecting to start seeing profits in two years.Head of finance Dacyl-Ray Rambanepasi...
By Staff reporter | Published: 27 June 2014
Zimbabwe's largest news media house Zimbabwe Newspapers (1980) Limited's re-capitalisation efforts are nearing full circle and the company expects an improved profitability in FY2014.Group chief execu...
By Staff reporter | Published: 27 June 2014
PIONEER Corporation Africa revenues for the five months to May 2014 were stagnant with the group's performance weighed down by poor performance at Pioneer Transport.Chief executive officer Mr Gary Smi...
By Conrad Mwanawashe | Published: 27 June 2014
A STRUGGLING commercial bank owned by transport minister Obert Mpofu has put most of its staff on unpaid leave as it teeters on the brink of collapse, risking sector wide malaise.According to Reuters ...
By Staff reporter | Published: 26 June 2014
Air Zimbabwe has slashed prices which has seen a reduction in airfares by more than half in its 'Winter price Chill' promotion.Air Zimbabwe on Thursday issued an advert for its promotional fare to Joh...
By Staff reporter | Published: 26 June 2014
Fidelity Life Assurance of Zimbabwe foresees little improvement in the value of their shares within the foreseeable future but remain hopeful of a better performance than last year.Fidelity Life mana...
By Staff reporter | Published: 26 June 2014
CONSTRUCTION concern Masimba Holdings turnover in the five months to May slipped 25% following a weak performance from the construction division whose turnover is down 33%. Addressing an Annual Gener...
By Staff reporter | Published: 26 June 2014
Tyre retailer National Tyre Services (NTS) has reported a subdued set of results for the year ended March 31, 2014 as revenues declined 11 percent from $17,5 million in 2012 to $15,7 million in the y...
By Staff reporter | Published: 26 June 2014
FBC Holdings has adjusted its plans to meet the Reserve Bank of Zimbabwe's $100 million capitalisation requirements and will no longer merge FBC Bank and FBC Building Society.Chief executive John Mus...
By Staff reporter | Published: 26 June 2014
ZIMBABWE is expecting more airlines to fly into the country following the successful hosting of the 9th edition Routes Africa Forum which ended on Tuesday.The forum was attended by over 350 delegates...
By The Herald. | Published: 26 June 2014
Zimbabwe Revenue Authority (Zimra) is proposing to lower import duty on finished clothes to reduce smuggling and increase tax collection.Gershom Pasi, the Zimra Commissioner General, this week told th...
By Staff reporter | Published: 25 June 2014
TEXTILE companies imported clothes worth about $2 million in the first quarter of this year rendering their textile factories redundant and making government's efforts to protect the manufacturing sec...
By Conrad Mwanawashe | Published: 25 June 2014
TOURISM and Hospitality Minister Engineer Walter Mzembi has castigated Air Zimbabwe for charging exorbitant fares which discourage growth of the airline as well as domestic tourism.Addressing a Press ...
By Patrick Chitumba | Published: 25 June 2014
TOURISM and Hospitality Industry Minister Engineer Walter Mzembi has said the tourism sector will in the next six years contribute double digit earnings to the country's economy.Addressing more than 3...
By Staff reporter | Published: 25 June 2014
ECONET Wireless has entered a partnership with multinational mobile phone manufacturer Apple and is now an exclusive provider of its products in Zimbabwe.The company has other partnerships with Huawei...
By Staff reporter | Published: 24 June 2014
Mobile phone company, NetOne is close to securing a $218 million loan from China, which will be used to finance its migration from 3G broadband to 4G, an official said on Tuesday.NetOne chief executiv...
By New Ziana | Published: 24 June 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
