A Zimbabwean start-up, Flexi Africa, has set up an online trade platform which links local vendors to international markets.Flexi Africa chief executive Gerald Nyamadzawo told Standardbusiness that th...
By Staff reporter | Published: 23 December 2018
Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking about the f...
By Staff reporter | Published: 23 December 2018
ZIMBABWE is headed for a dry festive season as stocks of soft drinks are expected to run out after Delta beverages shut down its plants citing inadequate foreign currency to keep them running.Delta, t...
By Staff reporter | Published: 23 December 2018
EMPOWER Bank has set sights at introducing agency bank as part of its efforts to reach out to all marginalised youths across the length and breadth of the country.Empower Bank head of marketing Mrs Ch...
By Staff reporter | Published: 23 December 2018
ONE of India's biggest and international acclaimed textile firms Shreejikrupa Spinners is considering investing over $40 million towards setting up a plant in Bulawayo soon.Industry and Commerce Deput...
By Staff reporter | Published: 23 December 2018
DIVERSIFIED telecommunications firm, TelOne, has lost over US$3 million in the 10 months to October this year due to vandalism of network infrastructure.Of the US$3 million, US$2, 2 million was in los...
By Staff reporter | Published: 23 December 2018
DESTINATION Zimbabwe continues to attract world attention as some of its hotels have been named among the best in Africa. Recently Frommer and National Geographic Traveller named Zimbabwe as one of th...
By Staff reporter | Published: 21 December 2018
LISTED quick-service restaurant business, Simbisa Brands, has resolved to offer discounts on its prices to customers who pay in US dollars to enhance the entity's foreign currency earnings. In an oper...
By Staff reporter | Published: 21 December 2018
GOVERNMENT has pledged to provide fiscal incentives to Zimplats in recognition of its efforts to set up a refinery for base metals and precious stones to promote beneficiation of the minerals. Unki an...
By Staff reporter | Published: 21 December 2018
Zimbabwe's postal and telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet. In its Postal Telec...
By Staff reporter | Published: 21 December 2018
President Mnangagwa yesterday commissioned a Zimbabwe Consolidated Diamond Company (ZCDC) crushing plant here, marking the country's transition from alluvial to conglomerate diamond mining as he warne...
By Staff reporter | Published: 21 December 2018
Regional seed producer Seed-Co says it is working on developing rice varieties suitable for the local climatic conditions in order to scale back the country's reliance on rice imports.Naturally, the c...
By Staff reporter | Published: 19 December 2018
GOROMONZI miner Phillip Makanya has petitioned the High Court to charge businessman Tawanda Nyambirai with contempt of court for ignoring a court order barring him from interfering with his mining act...
By Staff reporter | Published: 19 December 2018
A LOCAL firm, Drummond Zimbabwe Holdings (Pvt) Ltd, has petitioned the High Court seeking an order to be allowed to file litigation against AfrAsia Bank Limited, a subsidiary of Mauritius-based AfrAsi...
By Staff reporter | Published: 19 December 2018
Cassava SmarTech Zimbabwe made history yesterday when it debuted in the market at a price of $1,50 per share, valuing the company at $3,8 billion. It immediately became Zimbabwe's third most valuable ...
By Staff reporter | Published: 19 December 2018
DIVERSIFIED group, Innscor Africa Limited says it is now leveraging on its domestic fast-moving consumer goods line to cushion itself from high foreign currency requirements. The company said although...
By Staff reporter | Published: 19 December 2018
David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...
By Staff reporter | Published: 19 December 2018
GOVERNMENT will soon unveil a platinum policy to provide the framework for developing the sector, Mines minister Winston Chitando has said.Platinum is one of the two minerals, along with diamonds, in ...
By Staff reporter | Published: 17 December 2018
THE growing network infrastructure investment in previously unserved areas by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has increased connectivity in the country. The...
By Staff reporter | Published: 17 December 2018
A MAJORITY of tourism players in Victoria Falls managed to break even in terms of arrivals and income this year owing to renewed interest generated by the new political administration. The Employers' ...
By Staff reporter | Published: 17 December 2018
AMERICAN restaurant chain, Pizza Hut is set to open its second outlet in Zimbabwe with Bulawayo being the chosen city. The first outlet at Sam Levy's Village in Harare was opened in February. The Bula...
By Staff reporter | Published: 17 December 2018
Harare City Council (HCC) has dragged the government-owned National Railways of Zimbabwe (NRZ) to the High Court over failure to pay rates totalling more than $200 000.In its founding affidavit, HCC t...
By Staff reporter | Published: 16 December 2018
Hwange Colliery Company Limited (HCCL) scheme of arrangement chairperson has challenged the Justice ministry's move to place the coal mining company under reconstruction.Chairperson Andrew Lawson has ...
By Staff reporter | Published: 16 December 2018
Zimbabwe's battery manufacturer, Chloride Zimbabwe is targeting enhanced exports next year following a strong performance that has raked in $6 million.The battery firm's $5 million investment in a new...
By Staff reporter | Published: 16 December 2018
AIM - listed diversified miner, Vast Resources, says it is "well-funded" to implement its various projects going forward, including its Zimbabwean projects, the Eureka Gold Mine and the Heritage Conce...
By Staff reporter | Published: 11 December 2018
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
