At the scheme meeting held today, Friday 24 January 2014, a decision was made to postpone the Scheme of Arrangement to restructure the Company's liabilities to banks and other creditors.The Scheme of...
By Staff reporter | Published: 24 January 2014
ART Holdings Limited announced the appointment of Mr. Moses Chundu as a Non-Executive Director with effect from 1 January 2014. Mr. Chundu is a holder of an MSc Economics and BSc Economics (Hon) degre...
By Staff reporter | Published: 24 January 2014
Innscor Africa Limited's shareholders approved the company's Indigenisation Implementation Plan at an EGM held earlier today.Group Chief Executive John Koumides told the meeting that in order for the ...
By Staff reporter | Published: 24 January 2014
Distressd Gulliver Consolidated Limited (Gulliver) seeks investors to help turn around its waning fortunes.The industrial and engineering group - delisted from the Zimbabwe Stock Exchange in July last...
By Staff reporter | Published: 24 January 2014
The People's Republic of China is the best export destination for Zimbabwean tobacco for the fourth year running. Tobacco exports to China increased by 10% to 60.3 million kg last year while its marke...
By Staff reporter | Published: 24 January 2014
Government is drafting a Statutory Instrument (SI) to guide contract farming and encourages farmers to switch to the arrangement.Farmers are in a dilemma due to lack of funding.Agriculture, Mechanisat...
By Staff reporter | Published: 24 January 2014
LOCAL beverages manufacturer Schweppes Zimbabwe plans to export some of its products into the Southern African Development Community. Schweppes marketing and public affairs executive Ms Unaiswi Nleya ...
By Business Reporter | Published: 24 January 2014
NO individuals shall hold more than 10 percent shareholding in a banking institution or it's controlling company, according to proposed draft amendments to the Banking Act. Currently, the limitation o...
By Staff reporter | Published: 24 January 2014
SUGAR processor Starafrica corporation says it will resume sugar refining operations in Harare in May this year after the commissioning of its Gold Star Sugar Harare plant.In a statement, the firm sai...
By Staff reporter | Published: 23 January 2014
The lack of affordable mortgage finance has made properties in Zimbabwe more expensive than most countries in the region exacerbated by high country risk, the Estate Agents Council of Zimbabwe says.EA...
By Staff reporter | Published: 23 January 2014
ZIMBABWE'S Internet connectivity continues to soar with latest statistics from the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) indicating a significant increase in the mont...
By Staff reporter | Published: 23 January 2014
TM Supermarkets will this year invest $10 million to expand and give its retail outlets a face lift as the group positions to grow market share. Managing director Dave Mills said the company is workin...
By Staff reporter | Published: 23 January 2014
Botswana-listed, pan-African financial services group IMARA with interests in Zimbabwe has acquired a 49% stake in a joint venture with Equity Capital Resources Plc, a Zambian based asset management ...
By Business reporter | Published: 23 January 2014
TRUST Bank Corporation (TBC) got a lifeline yesterday after the High Court granted the institution three weeks to submit an opposing affidavit against the proposed liquidation.The reprieve came as th...
By Business Reporter | Published: 23 January 2014
POWER utility Zesa Holdings has secured an additional $35 million from regional bank, African Export and Import Bank, to complete the installation of prepaid meters across the country.Zesa Holdings sp...
By Business Reporter | Published: 23 January 2014
THE Zimbabwe Mining Development Corporation is looking at raising $20 million through a joint venture partnership with a yet to be identified investor in order to resuscitate Elvington Gold Mine in Ch...
By Business Reporter | Published: 23 January 2014
FINANCE and Economic Development Minister Patrick Chinamasa yesterday said local financial institutions were in a sound state despite the liquidity crunch that has affected some of the banks.Minister ...
By Staff reporter | Published: 23 January 2014
ALL public sector workers - including teachers, nurses, police officers and soldiers - may go without medical aid as the government has yet to renew the operating licence for Premier Service Medical A...
By Staff reporter | Published: 22 January 2014
The Zimbabwe Tourism Authority (ZTA) has struck a deal with South Africa Airways (SAA) which will see the airline facilitating travel arrangements for tour operators and journalists to promote the loc...
By Staff reporter | Published: 22 January 2014
The local pharmaceuticals industry is optimistic that the proposed reduction of duty on raw materials as outlined in the 2014 national budget will be implemented, thereby aiding the recovery of the se...
By Staff reporter | Published: 21 January 2014
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The Agricultural and Rural Development Authority (ARDA) says work on the second phase of the multi-million dollar Chisumbanje ethanol project has resumed with an investment of $260 million.The multi-m...
By Staff reporter | Published: 21 January 2014
A 12-member tourism delegation from the United Kingdom is in the country to try and restore confidence of western tourists on Zimbabwe as a tourist destination.The delegation, which consists of tour o...
By BH24 | Published: 21 January 2014
Zimbabwe Stock Exchange listed grain processor, National Foods, yesterday reopened its Mutare Maize mill to complement operations at the Harare and Bulawayo plants in order to meet increased demand.T...
By Staff reporter | Published: 21 January 2014
Zimbabwe's sole landline network operator, TelOne, says it collected $90 million out of a targeted $300 million last year under its debt recovery programme.Prior and following the introduction of the ...
By Staff reporter | Published: 21 January 2014
Vunani Property Investment Fund (VPIF), an office dominated JSE-listed property fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani P...
By David A. Steynberg | Published: 21 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
