DZLH is projecting a 6% volumes growth in FY14 driven by investments in constrained lines and new products after posting an 8% decrease in sales volumes for the year ended 31 December 2013, group CEO ...
By Staff reporter | Published: 20 March 2014
Turnall will be shifting its focus towards the top tier market going forward as subdued demand patterns have affected the low end market segment, MD John Jere told an analyst briefing yesterday."We ar...
By Staff reporter | Published: 20 March 2014
ZPI will be focusing on smaller projects that deliver value going forward until the economy recovers, managing director Edson Muvingi told an analyst briefing yesterday."Those who know Zimre Park, we ...
By Staff reporter | Published: 20 March 2014
FBC Holdings indicated that there was a modest increase of 7% in total income to $79.50 million while profit before tax "slightly decreased by 4%" to $16.22 million, CE John Mushayavanhu told analysts...
By Staff reporter | Published: 20 March 2014
FBC Holdings will continue focusing on liquidity and risk management under an environment characterised by liquidity challenges and heightened default rates currently obtaining in the Zimbabwean econo...
By Staff reporter | Published: 20 March 2014
Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited's TV Sales division outperformed the group's key bakeries and fast foods segments after its revenue for the six months ended Decembe...
By Staff reporter | Published: 20 March 2014
CHAMBER of Mines of Zimbabwe (CoMZ) chief executive officer (CEO), John Chikombero, resigned from the high pressure job with immediate effect on Wednesday last week, amid reports of sharp differences ...
By Staff reporter | Published: 20 March 2014
BOTSWANA Stock Exchange listed retail group, Choppies Enterprises plans to open more outlets in the country this year to add to the current 13 already in operation.According to the group's unaudited f...
By Staff reporter | Published: 20 March 2014
THE country has since the beginning of the year exported 14.3 million kilogrammes of tobacco worth $51.8 million with Belgium leading as the major buyer of the golden leaf.Latest statistics from the T...
By Oliver Kazunga | Published: 20 March 2014
AIR Zimbabwe has increased its fares following the withdrawal of the 50-seater Embraer ERJ 145 LR that was leased to the national airline by Solenta Aviation Limited.The airline used to service local...
By Pamela Shumba | Published: 20 March 2014
Mobile banking has grown phenomenally due to a 104 percent growth in mobile penetration and the registration of over 7 000 mobile agents across the country, the Reserve Bank of Zimbabwe has revealed. ...
By Enia Nyakudzambara | Published: 20 March 2014
Government is reviewing submissions made by gold mining companies pleading for a reduction in royalties to save the industry from potential collapse amid low bullion prices on global market. Gold mini...
By Business Reporter | Published: 20 March 2014
PROPARCO, a French Development Finance Institution yesterday signed a five-year loan agreement for $10 million with CABS. Proparco, which also signed a $10 million loan agreement with NMBZ following t...
By Business Reporter | Published: 20 March 2014
GOVERNMENT is planning to set up a lithium processing plant in Bulawayo, which would be crucial in the production of batteries in the country, an official said. Mr Valentine Vera, a metallurgy directo...
By Staff reporter | Published: 20 March 2014
Business ReporterThe Zimbabwe Chamber of Small Scale Entrepreneur (ZCSME) will next week host a mining indaba in Gweru whose primary focus is to foster a collective working relationship between miners...
By Staff reporter | Published: 19 March 2014
The revival of the Cold Storage Commission (CSC) remains a major solution to the complete recovery of Zimbabwe's beef industry, Agriculture, Mechanisation and Irrigation deputy minister Paddy Zhanda h...
By Staff reporter | Published: 19 March 2014
ZESA Holdings may have to pay in excess of $5 million in tax liabilities accumulated from backdated salaries after the power utility effected a different salary structure to the one agreed at during c...
By Conrad Mwanawashe | Published: 19 March 2014
Listed property developer Zimbabwe Property Investments Limited has earmarked $2 million to purchase land to drive growth in property development. This comes as ZPI's financial results for the full ye...
By Business Reporter | Published: 19 March 2014
Lebanese-based engineering group, El-Nour United Engineering for Construction and Commerce has entered into a joint venture with Harare City Council to construct a $3 million shopping mall in Mb...
By Business Reporter | Published: 19 March 2014
INDUSTRY has raised concern over the high bank charges and short-term licences imposed on various sectors which are discouraging savings and investment in the country. The Zimbabwe National Chamber of...
By Business Reporter | Published: 19 March 2014
PPC Zimbabwe has started preparatory work towards the construction of clinker plant and cement grinding mill this year, managing director Mr Njombo Lekula has said. "The project feasibility study for ...
By Martin Kadzere | Published: 19 March 2014
Mbada Diamonds (Pvt) Ltd., working in Zimbabwe's eastern Marange fields, will switch to underground mining from surface digging, escalating investment in the region.Mbada, in a 50:50 joint venture wit...
By Bloomberg | Published: 18 March 2014
Zimbabwe's improved tele-density has opened up opportunities for mobile money services.This should provide impetus for growth in the country's usage of electronic payment systems. Last week Informatio...
By Staff reporter | Published: 18 March 2014
RTG posted a $1.058 million PAT for the year ended 31 December 2013 from a loss of $5.887 million in 2012 after meeting its targets in restructuring the balance sheet, reducing costs and reducing the ...
By Staff reporter | Published: 18 March 2014
More Zimbabwean banks are increasingly becoming foreign-owned despite government's aggressive indigenisation programme, the Bankers Association of Zimbabwe (Baz) has said.Although President Robert Mug...
By Staff reporter | Published: 18 March 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
