Zimbabwe's tobacco sales are inching towards the 200 million kilogramme mark although low prices have seen earnings not going significantly higher than last season.The targeted crop this season was 18...
By Staff reporter | Published: 16 June 2014
BINDURA Nickel Corporation Limited taxed profit is expected to be higher for the second half of the financial year ended March 31 2014 due to the improvement of output at Trojan Mine.In statement, the...
By Staff reporter | Published: 16 June 2014
STATE-OWNED telecommunications company TelOne says its new broadband via satellite product will contribute at least $5 million to company's annual revenue within a year.The launch of the new product, ...
By Staff reporter | Published: 16 June 2014
LONDON- PayPal is entering 10 new countries this week, including Zimbabwe, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud.Rup...
By Staff reporter | Published: 16 June 2014
AIM-listed resources and development company African Consolidated Resources (ACR) is set to acquire Falgold's mothballed Dalny gold mine for $8 million.ACR is currently undertaking due diligence on th...
By Tawanda Musarurwa | Published: 16 June 2014
DEPOSITORS are currently struggling to retrieve their money from a $15 million black hole created after the collapse of three banks - Trust Banking Corporation, Genesis Investment Bank and Royal Bank....
By Business Reporter | Published: 16 June 2014
OK ZimZIMBABWE Stock Exchange (ZSE)-listed retail giant OK Zimbabwe has handled over R22 million through its mobile money transfer service, FNB Zimbabwe Money Transfer, since the launch of its facilit...
By Enacy Mapakame | Published: 16 June 2014
GWERU-based cement manufacturer Sino Zimbabwe Cement Company (SZCC) sales have dropped by 8 percent in the first half of the year, a development attributed to low activity in the construction industry...
By Lovemore Zigara | Published: 16 June 2014
ZIMBABWE'S gold production fell 8 percent to 5 500 kilogrammes in the five months to May from a year earlier, according to figures obtained from the Chamber of Mines.Gold mined during the period was 5...
By Martin Kadzere | Published: 16 June 2014
A SHIFT towards retail trading paid off for Powerspeed Electrical with the company recording a nine percent growth in turnover for the six months ended March 2014.Turnover for Powerspeed Electrical fo...
By Staff reporter | Published: 16 June 2014
The Competitions and Tariffs and Commission has started gathering information, which may result in a fully fledged investigation on alleged uncompetitive behaviour by Econet Wireless.CTC has arranged ...
By Tinashe Makichi | Published: 14 June 2014
THE China-Africa Development Fund, China's largest private equity fund focusing on African investments, has moved to buy a significant shareholding in Cottco Holdings Ltd through its wholly-owned subs...
By Martin Kadzere | Published: 14 June 2014
Econet Wireless is implementing a highly advanced call centre system which will enable its contact centre operators to monitor feedback and conversations on both social network and cellular communicat...
By Clara Mawere | Published: 14 June 2014
LISTED beverages giant Delta will this week launch a new yoghurt drink. The new drink consolidates Delta's continued interest in expanding its non-alcoholic portfolio and claiming an increasing share ...
By Staff reporter | Published: 14 June 2014
MWANA Africa will require at least $26,5 million to restart its smelting plant at Bindura Nickel Corporation, the Pan African mining company announced yesterday.Based on the independent study by Hatch...
By Staff reporter | Published: 14 June 2014
RAINBOW Tourism Group local operations' revenue for the four months to April increased to $8,2 million helping the hospitality company record a 7 percent jump to $8,7 million over the same period last...
By Conrad Mwanawashe | Published: 14 June 2014
ECONET Wireless, in partnership with international money transfer service, WorldRemit, has launched a service which enables customers to receive money from outside the country directly on mobile phone...
By Staff reporter | Published: 14 June 2014
British American Tobacco Plc plans to invest more capital towards its Zimbabwean business despite earlier reports that the company is planning to divest its business operations, a company official has...
By Tinashe Makichi | Published: 14 June 2014
SCHWEPPES Zimbabwe has acquired 100 percent stake of Beitbridge Juicing Co in a vertical integration move that will see the beverage company strengthening its supply chain by taking control of a key r...
By Martin Kadzere | Published: 14 June 2014
OK Zimbabwe last week reported March results which showed declining profitability and flat revenue growth. Chief executive Mr Willard Zireva recognised the factors affecting the operating environment....
By Staff reporter | Published: 14 June 2014
The Ministry of Mines and Mining Development will host the second Zimbabwe Diamond Conference later this year with Minister Walter Chidhakwa expected to officiate at the event.The conference will be h...
By Staff reporter | Published: 14 June 2014
Blue Ribbon Foods resumed operations on the maize line last week after securing a supply agreement for raw materials with a Mutare-based company. A source familiar with the development said operations...
By Staff reporter | Published: 14 June 2014
FERROCHROME producer, Zimbabwe Alloys has shortlisted four investors, among them AfroChine Smelting to acquire the majority stake in the company, a source has said.An audit and advisory firm, Grant Th...
By Staff reporter | Published: 14 June 2014
Youth, Indigenisation and Empowerment Minister Francis Nhema is satisfied with results of the Indigenisation and Economic Empowerment Act since its inception saying investors are now warming up to the...
By Staff reporter | Published: 14 June 2014
Qatar Airways will soon introduce flights to Harare, initially flying into Zimbabwe three times a week, the new envoy from the oil rich country said last Thursday. Qatar's new ambassador to Zimbabwe, ...
By New Ziana. | Published: 14 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
