Econet has started levying the intermediated money transfer tax on customers for mobile money transfer service in line with the Government's directive.Presenting the 2014 national budget last month, ...
By Staff reporter | Published: 16 January 2014
ZB Building Society is set to fund the construction of a multi-million dollar commercial and industrial park in the town of Ruwa, the Building Society mortgages' supervisor Mr. William Mukarwi reveal...
By Staff reporter | Published: 16 January 2014
The Rainbow Tourism Group (RTG) CE Tendai Madziwanyika has indicated the the Group will open its $32 million Beitbridge hotel in mid January ahead of an official launch scheduled for March.Madziwanyi...
By Staff reporter | Published: 16 January 2014
ZANU-PF's Mashonaland East provincial chairperson and businessman Ray Kaukonde is set to increase his shareholding in Innscor Africa as part of the group's indigenisation plan.Through his investment ...
By Staff reporter | Published: 16 January 2014
UNITED Refineries LTD, a Bulawayo-based fast moving consumer goods company, is on a firm recovery following its acquisition by a JSE-listed firm Grindrod Ltd for an undisclosed amount.Grindrod bought...
By Staff reoporter | Published: 20 December 2013
ECOBANK Zimbabwe plans to expand its footprint in the country next year by opening additional two more branches in Harare, Gweru and Masvingo amongst other key cities and towns to ensure countrywide c...
By Business reporter | Published: 20 December 2013
GOVERNMENT says it has fulfilled outstanding obligations that have been stalling the revival of Zisco and awaits new majority shareholder Essar Africa to meet its end of the bargain.Industry and Comme...
By Business Reporter | Published: 20 December 2013
Funeral companies in Zimbabwe wrote gross premiums amounting to $24 million in the third quarter of the year, a 46 percent growth from figures reported in same period last year, according to figures ...
By Staff reporter | Published: 20 December 2013
The first sale of diamonds from Marange in a trial tender held at Antwerp, Belgium this week attracted an overwhelming response, achieving total sales of almost $7,6 million ($10,5m) after 279 7...
By Staff reporter | Published: 20 December 2013
HARARE- Art Corporation CE Richard Zirobwa told analysts yesterday that the Group is seeking $15 million capital to fund its operations over the next five years, adding that one of the shareholders ha...
By Staff reporter | Published: 19 December 2013
China Africa Sunlight Energy (Caseco) plans a $2 billion investment in the country over the next 12 years.Caseco is a joint venture between Chinese Shandong Taishan Sunlight Investment Company and Zim...
By Staff reporter | Published: 19 December 2013
Star Africa released a depressed set of results underlined by a 60% decline in the top line from $17.4m to $6.9m. This was mainly attributed to a 44% decrease in sugar production at Gold Star Sugars H...
By Staff reporter | Published: 19 December 2013
The Scheme of Arrangement between Star Africa Corporation Limited and its lenders and creditors which was sanctioned by the High Court on 7 August 2013 and registered with the register of companies on...
By Staff reporter | Published: 19 December 2013
ART Corporation reported a muted operating performance characterised by increased competition and decline in sales volumes for financial year ended 2013. Although capacity utilisation increased by one...
By Staff reporter | Published: 19 December 2013
THE ugly fight between banks and Econet Zimbabwe, the country's largest telecoms company, has sucked in its subsidiary Steward Bank, amid revelations other banks have refused the bank entry onto the p...
By Staff reporter | Published: 19 December 2013
A Zimbabwean private equity firm Brainworks Capital has been appointed as one of the key financial advisors to the $325 million Atlas Mara investment vehicle.Atlas Mara is a banking investment cash sh...
By Staff reporter | Published: 19 December 2013
State-owned gold refinery, Fidelity Printers and Refinery, resumed operations on Tuesday this week after a major facelift of its Harare plant, senior officials said yesterday.The company, a subsidiar...
By Business Reporter | Published: 19 December 2013
The Zimbabwe government says the amended Mines and Minerals Act, due take effect in February, will decriminalise gold panning and provide for the State to seize unexploited mining claims from foreign ...
By Mining weekly | Published: 18 December 2013
The debt that power utility, Zesa holdings wrote off last month on domestic consumers and farming communities has not had a significant impact on its operations, a senior government official said on T...
By New Ziana | Published: 18 December 2013
Following the chaos that occurred at Allied Bank recently this week speculators are of the view that struggling banks depositors may face a gloomy festive season as some local banks reel under a bitin...
By BH24-BusinessDaylive | Published: 18 December 2013
One of the resolutions from the 2013 Zanu-PF Annual National People's Conference on promoting mineral beneficiation and value addition is to priorities the operationalisation of New ZimSteel and engag...
By Staff reporter | Published: 18 December 2013
ZIMBABWE'S life insurance companies wrote $183 million in net premiums in the half quarter to September 30, 2013 according to figures from a report by the Insurance and Pensions Commission (IPEC).This...
By Staff reporter | Published: 18 December 2013
SABMiller announced on Wednesday that chairperson Graham Mackay, who has been with the company for 35 years, passed on.Mackay died peacefully on Wednesday morning with his family at his side, the grou...
By Staff reporter | Published: 18 December 2013
OK Zimbabwe Limited announces the opening of its Bon Marche branch in Bulawayo's Parklands suburb on 18 December 2013. The Bon Marche branch will be operating from Shop 1, Megawatt Shopping Centre, Pa...
By Staff reporter | Published: 18 December 2013
CBZ Bank Limited (CBZ) has secured a $120 million credit facility from a top European bank, businessdaily can reveal.The money, which is expected to go a long way in easing the current liquidity crunc...
By Staff reporter | Published: 18 December 2013
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
