African Consolidated Resources PLC Monday said it has appointed Roy Pitchford as acting chief Executive for an initial term that runs until the end of October, after which it expects to appoint a lon...
By Staff reporter | Published: 08 April 2014
The pig industry in Zimbabwe is going through a difficult patch due to a combination of factors that include high costs of stock feed, a ban on exports of fresh pork, depressed demand due to low consu...
By New Ziana. | Published: 07 April 2014
The tobacco grower base is expected to go beyond 100 000 farmers with the communal sector dominating the industry.Tobacco Industry and Marketing Board chief executive Andrew Matibiri said the number o...
By Staff reporter | Published: 07 April 2014
Nyangani Renewable Energy (Pvt) Ltd has remained committed to playing its part in easing energy woes in the country following the completion of some of its hydro-power stations in Nyanga.The company h...
By Manica Post | Published: 07 April 2014
Gold producer Blanket Mine produced a lower than expected 10,607 ounces of gold in the first quarter of this year, but remains steadfast on its production guidance of 48,000 ounces for 2014.In a tradi...
By Staff reporter | Published: 07 April 2014
The Government has earned $4,3 million in royalties from the inaugural diamonds sale in Dubai.This was after the country sold 380 000 carats at the tender, which yielded $29,2 million at an average pr...
By Staff reporter | Published: 07 April 2014
THERE is no need for Zimbabwe to import cement from neighbouring countries because local cement producers have the capacity to meet the current demand, an industry official has said.Zimbabwe is curren...
By Staff reporter | Published: 07 April 2014
Central bank deputy governor Kupukile Mlambo says the country's banking system is outdated and called on the sector to embrace new technology.Mlambo castigated the banking model in use as traditional ...
By Staff reporter | Published: 07 April 2014
Zimbabwe's fuel consumption has more than doubled in the past three years although the country's major industries are sneezing. Figures compiled by the Zimbabwe Energy Regulatory Authority show that c...
By Staff reporter | Published: 07 April 2014
Five thousand small scale miners are this month set to benefit from funding and equipment from Pact, a non-governmental organisation.The Zimbabwe Artisanal and Small Scale Mining Council (Zasmc)...
By Staff reporter | Published: 07 April 2014
South Africa-based Impala Holdings Limited (Implats)' Zimbabwe unit, Zimplats, has appointed former Glencore Xstrata top official Andile Sangqu as non-executive director.His appointment is with effect...
By Staff reporter | Published: 07 April 2014
Zimbabwe's banking sector deposits stagnated at $4 billion in 2013, indicating tightening liquidity conditions, according to Agribank chief executive Sam Malaba.He said about 80 percent of the deposit...
By Staff reporter | Published: 04 April 2014
Government says it will next week invite bids for the supply of 50-65 seater airbuses to Air Zimbabwe, to service its local and regional routes.At a media briefing in Harare Thursday, the minister of ...
By Staff reporter | Published: 04 April 2014
CAIRNS Holdings Limited has completed evaluating its business in preparation for a fresh capital injection by prospective investor, Vasari Global Limited.It was not immediately clear what the value of...
By Staff reporter | Published: 04 April 2014
QV pharmacies is set to be placed under final judicial management after the company recorded a slight increase in gross profit for the two months ending 28 February 2014.The company recorded a 5 perce...
By Staff reporter | Published: 04 April 2014
CBZ Holdings Limited has appointed Mr Never Nyemudzo to the position of group chief executive effective May 1 2014 after outgoing CEO Dr John Mangudya was elevated to take charge at the central bank.D...
By Staff reporter | Published: 04 April 2014
ECONET Wireless Zimbabwe has again attracted the ire of banks after it emerged this week that the mobile telephone company could be engaged in potentially unfair business practices that have attracted...
By Staff reporter | Published: 04 April 2014
Zimbabwe's economic slowdown has resulted in the insurance sector annual growth decreasing to 8.16% in 2013 compared to 22.04% a year earlier, according to data disclosed by the insurance regulator. T...
By Staff reporter | Published: 03 April 2014
A Chinese firm, Tsingshan Steel, is planning to invest about $1 billion in an integrated stainless steel manufacturing plant and power station in Zimbabwe, the Fingaz reported. Benson Xu Kemin, the co...
By Staff reporter | Published: 03 April 2014
STATE-owned beef processor, Cold Storage Company Limited (CSC), battling to recover from a devastating crisis sparked by prolonged under-capitalisation, is planning to hive off a $30 million debt from...
By Staff reporter | Published: 03 April 2014
ECONET Wireless prepaid service subscribers are now able to access a maximum of $500 worth of loans using cell phones under Econet's mobile phone savings account. The mobile phone-based loan facility ...
By Staff reporter | Published: 03 April 2014
BOTSWANA Stock Exchange listed Sefalana Holdings bid to buy starafrica corporation's 33 percent stake in Tongaat Hullet Botswana collapsed after the parties failed to agree on price, sources close to ...
By Staff reporter | Published: 03 April 2014
Stanbic Bank Zimbabwe weathered the harsh economic environment to record a $18,3 million profit after tax for the year ended December 31 2013 up from $17,2m for the comparative period in 2012.In a sta...
By Staff reporter | Published: 02 April 2014
Zimbabwe has earned $130,6 million from the sale of 41,78 million kilogrammes sold at an average price of $3.13 per kilogramme since the opening of this marketing season on February 19.The volume of t...
By Staff reporter | Published: 02 April 2014
ABC Holdings (BancABC) expect $100 million equity capital injection from Atlas Mara soon after the deal is concluded with the transaction expected to transform the Pan African banking group, CEO Doug ...
By Staff reporter | Published: 02 April 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
