Mining companies appear to be now toeing the line regarding Government's steadfast position on the urgent need to optimise benefits from minerals through beneficiation and have started backing their c...
By Staff reporter | Published: 28 January 2014
Zimbabwe will enforce the "use-it-or-lose-it" principle with respect to mining companies' land, according to a copy of the Finance Bill 2014 obtained by Bloomberg News. Any unworked land will be trans...
By Bloomberg | Published: 28 January 2014
Mimosa production was stable and costs reduced further, in line with management's expectations. Unfortunately Mimosa does not benefit from a weakening currency and hence the lower Dollar metal prices ...
By Staff reporter | Published: 28 January 2014
Aquarius Platinum Limited, the world's fourth-largest platinum miner, which jointly own Mimosa Platinum with Implats said proposed tax changes and regulatory uncertainty in Zimbabwe had impacted its a...
By Staff reporter | Published: 28 January 2014
Zimbabwe will account for over a quarter of the world diamond output in the next decade following the success of its first auction, the leading hub for rough diamond trade said on Monday. Zimbabwe hel...
By Antwerp | Published: 28 January 2014
State-owned national carrier Air Zimbabwe reportedly failed to resume flights to London last November amid reports that are airline has a $3 million outstanding debt for airport, navigation fees and c...
By Staff reporter | Published: 28 January 2014
THE country's largest cigarette manufacturer, British American Tobacco Zimbabwe (BAT) has reaffirmed its total commitment to continue operating in the country and promote value addition on the country...
By Business Reporter | Published: 28 January 2014
POSTAL services provider, Zimpost intends to start an insurance business this year, an official said.Currently, Zimpost is an agent of insurance companies such as NicozDiamond and Champions Insurance ...
By Business Reporter | Published: 28 January 2014
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported.In ...
By New Ziana | Published: 27 January 2014
TELECEL, Zimbabwe is the second largest mobile phone network, says it targets to expand its telecommunications network in most rural areas in the Matabeleland region this year. The mobile service oper...
By Chronicle | Published: 27 January 2014
ECONET Wireless Zimbabwe says more than $200 million is being transacted per month through the telecommunication's mobile money transfer platform, EcoCash, resulting in the transformation of the count...
By Chronicle | Published: 27 January 2014
Air Zimbabwe (Private) Limited was prejudiced of €5 895 695,49 and $1 298 827,88 - totalling around $11 million - in a 4-year aviation insurance scam involving top management at the airline, a...
By Staff reporter | Published: 27 January 2014
Competition in the fast food retail business is intensifying as established brands aggressively roll out branch network expansion projects. New players in the fast food business are adopting innovativ...
By Staff reporter | Published: 27 January 2014
A legal tussle is looming after the provisional liquidator of Trust Bank Corporation called on depositors to fill claim forms despite a High Court reprieve given to Trust to submit an opposing affidav...
By Staff reporter | Published: 27 January 2014
Electricity users on the pre-paid platform will continue to endure the inconvenience of purchasing their units at a few local outlets as the tender to choose aggregators to retail them was recently ca...
By Staff reporter | Published: 27 January 2014
Government has said that of the 7 diamond mines in Chiadzwa, only Mbada Diamonds has actively invested in capital-intensive equipment that is meant to exploit underground resources. Most of the mines ...
By Staff reporter | Published: 27 January 2014
Government has warned that it will impose stiff penalties on diamond firms that fail to meet this Thursday's deadline of establishing diamond cleaning facilities. This comes ahead of the second sale o...
By Staff reporter | Published: 27 January 2014
Innscor Africa Limited has dispelled claims that it wants to relocate to Mauritius where the company has been in operation for over 16 years. Innscor group chief executive officer John Koumides told j...
By Staff reporter | Published: 27 January 2014
One of Zimbabwe's major bakeries, Lobels Bread Holdings, has seen bread production at its Harare plant going up 20% to 250 000 loaves a day after the successful installation of $5.8 million semi-autom...
By Staff reporter | Published: 27 January 2014
Zimbabwe intends to establish a Statutory Reserve Fund to be administered by the Reserve Bank and government may borrow from the fund for infrastructural development. The statutory reserve fund will b...
By Staff reporter | Published: 27 January 2014
A CHINESE backed company, Zimbabwe Zhongxin, intends to build a cement plant in Masvingo at an estimated cost of $50 million, a source familiar with the deal said.The company initially wanted to cons...
By Staff reporter | Published: 27 January 2014
Government wants only one company to mine diamonds in Chiadzwa as it takes practical steps to improve accountability and transparency in the sector. The State is already auditing the seven firms minin...
By Staff reporter | Published: 27 January 2014
Government's delay in expeditiously resolving disputes is threatening gold production among small-scale miners in Shamva where more than 500 youths are employed in the sector. In an interview during a...
By Staff reporter | Published: 27 January 2014
Cigarette maker British American Tobacco (BAT) has denied allegations that it is working out an exit plan from Zimbabwe.This follows reports in the media that the conglomerate is divesting from Zimbab...
By Staff reporter | Published: 24 January 2014
CHAMPIONS Insurance will, in partnership with Doves Funeral Assurance, offer funeral cover as an extension of its comprehensive insurance cover.Champions Insurance marketing executive Tapiwa Kahiya sa...
By Staff reporter | Published: 24 January 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
