The country's largest mobile telecommunications company by subscription - Econet Wireless has scored another first after launching its own EcoCash Android application.EcoCash is a mobile payment platf...
Local advertising agency, Jericho Advertising, has scored a first for Zimbabwe after chief executive Mr Denford Magora and the firm's executive director Mr Ashley Mhonda were appointed to top advertis...
The Board of Directors of Pioneer Corporation Africa Limited has announced the resignation of Albert S. Ushe as Group Chief Executive Officer with effect from 28th February 2014. Having completed tw...
THE collateral required by the Africa Export and Import Bank may sideline many banks willing to participate on the interbank market, banking sources said yesterday.Afreximbank is the guarantor of the ...
The government says the current fuel blending exercise will not reduce the price of the commodity.In an interview on the sidelines of a presentation on challenges facing the energy sector to students ...
CFI Holdings is in talks with banks and other potential funders to develop its land into low-cost housing units to generate money for the group and its subsidiaries.The land is situated at CFI's subsi...
THE liquidation hearing for Trust Bank Corporation (TBC) was pushed to next week after the Reserve Bank of Zimbabwe (RBZ) bungled in filing its heads of argument in response to the opposing affidavit ...
The European Investment Bank has pledged to open credit lines to Zimbabwe provided the government resolve its $300 mlillion debt overhang. Zimbabwe has foreign debt arrears of $6 billion, with over $3...
Foreign banks are yet to comply with Zimbabwe's indigenisation policy due to authorities' delay in approving their compliance plans, the Bankers Association of Zimbabwe says. This is despite governmen...
The Antwerp World Diamond Centre wants to sell 12 million carats of diamonds from Zimbabwe this year, which would make the southern African country one of the six biggest suppliers to the Belgian-base...
STRUGGLING chrome mining concern, Zimasco Private Limited, has embarked on a voluntary retrenchment exercise targeting to cut about 500 jobs across the company's entire operations in the country. Zima...
Zimbabwe's mobile money platforms are still too expensive owing to the refusal to share infrastructure by the mobile service providers, parliamentarians heard last week.Giving oral evidence to the par...
PRODUCTION of small grains is expected to double this year as most dry regions received adequate rains despite some areas being affected by floods, an expert has said.Small Grains and Cereal Producers...
The government has assured Essar Africa that it will secure a loan to pay off Ziscosteel's $200 million domestic debt to accelerate resumption of work at the fallen steel giant.The government inherite...
PLANS are underway to turn Ascot Shopping Mall into a one-stop shop as its owners aim to boost business at the centre, an official has said.The mall, along the Bulawayo-Johannesburg Road next to Holid...
INFORMAL traders in Harare have said they have not yet cashed in on proceeds from tobacco sales this year as most farmers have been affected by low prices obtaining at the auction floors and are not k...
GOVERNMENT says it has engaged the Development Bank of Southern Africa (DBSA) to provide $450 million for the rehabilitation of railways and procurement of rolling stock as a way of addressing some of...
SMALL-scale miners have called on the government to come up with policies that promote their activities to boost mineral production in the country.In an interview, Zimbabwe Artisanal and Small-scale ...
PG INDUSTRIES shareholders last Friday approved yet another capital raise coupled with a corporate restructure which is expected to turnaround the fortunes of the firms which has over the years seen a...
Total credit to the private sector declined 2.3% to $3.56 billion in January from $3.65 billion in December with 84% of that amount going towards loans and advances. According to the Reserve Bank of Z...
CAPS Holdings executive chairman Mr Fred Mutanda has made sensational claims that the Reserve Bank of Zimbabwe collapsed the operations of CAPS Pharmaceuticals after ordering delivery of "all stocks ...
SUPPLIERS of telecommunications concern Econet Wireless are up in arms over a recent directive compelling them to open accounts with the mobile phone operator's bank, Steward Bank, businessdigest repo...
Government would rather halt all diamond mining in Marange than let firms operating there continue fleecing the country of millions of United States dollars through understating the real value of the ...
QV Pharmacies has appealed to the High Court to overturn an order placing it under provisional judicial management arguing the order was "clandestinely" obtained. Mr Winsley Militala of Petwin E...
Ginners and farmer organisations have opened negotiations for viable cotton prices to lure back farmers who had abandoned the crop.Most cotton farmers abandoned the crop because of poor prices and are...