BRITISH businessman Nicholas van Hoogstraten yesterday opened up to journalists on the demise of Hwange Colliery Company Limited, saying it was being run down by corruption and financial mismanagement...
Prominent businessman Shingi Munyeza says Zimbabwe has the ability to fix the endemic corruption that has brought the economy to its knees.Speaking at the AMH conversations series titled Tackling the ...
FAST food chain, Simbisa Brands, has appointed Mr Baldwin Guchu as the group's new finance director effective from December 1, 2018. He replaces Mr Salim Eceolaza who has been assigned the position of...
British businessman Nicholas van Hoogstraten, says he is going to challenge the reconstruction of Hwange Colliery Company Limited (HCCL). Van Hoogstraten holds a 31 percent shareholding in HCCL. In Oc...
Industrialist Busisa Moyo has re-ignited the rand adoption debate by saying Zimbabwe can encourage "the wider circulation of the South African currency under its multi-currency system".This also comes...
Zimbabwe's telecoms sector generated revenue in excess of $1 billion and contributed 7,2 % to the country's gross domestic product (GDP) in 2017, the industry regulator has said.Postal and Telecommuni...
ZIMRE Property Investment (Zimre) has so far spent $9,2 million on its shopping mall in Victoria Falls which is now 65% complete.Providing above 5 000 square metres of lettable space, the $13 million ...
FINANCE minister Mthuli Ncube has urged banks to diversify and develop business models tailored to meet special requirements of the unbanked and underserved segments of the population.Ncube was speaki...
THE Zimbabwe Power Company (ZPC) intends to recruit more than 100 workers on a fixed term contract of up to 36 months for the Hwange Thermal Power Station expansion project.In March this year, Preside...
SHEARWATER Adventures has acquired a 100-seater up-market cruise boat to cater for executives.The two-deck boat was manufactured by a Bulawayo company at a total cost of about $500 000 and is now in V...
SHAREHOLDERS of Econet Wireless have approved the demerger of Cassava SmarTech from Econet Wireless Zimbabwe Limited, paving the way for the listing of a new diversified technology business called Cas...
The Zimbabwe Parks and Wildlife Management Authority (Zimparks) has registered a 25 percent jump in tourist arrivals at its resorts for the period January to October 2018, compared to the same period ...
Zimbabwe Stock Exchange listed packaging company Nampak Zimbabwe (Nampak) profit for the year up to September jumped 89,3 percent to $14,5 million from $7,6 million in the prior period despite d...
Minister of State for Mashonaland East Provincial Affairs Appolonia Munzverengi has applauded the new dispensation's "Zimbabwe is Open for Business" mantra, saying it is yielding positive results in h...
THE country's sole gold buyer and exporter, Fidelity Printers and Refiners (FPR) has issued 21 gold buying licences to the Zimbabwe Miners Federation (ZMF) as part of its concerted efforts to mop up t...
Zimbabwe does not plan to change its ownership rules for diamonds and platinum, Mines and Mining Development Minister, Winston Chitando, said on Monday. Although some miners are hoping the country wil...
PROSPECT Lithium Zimbabwe (PLZ), a unit of Australia Stock Exchange-listed Prospect Resources Plc, has applied for special economic zone status (SEZ) for its multi-million dollar Arcadia Lithium proje...
AXIA Corporation has acquired a significant stake in one of the suppliers of its subsidiaries, Restapedic Bedding, the chief executive John Koumides has said.Koumides said at a time a lot of businesse...
SHEARWATER Adventures has acquired a 100-seater up-market cruise boat to cater for executive tourist clientele. The two-deck boat was manufactured by a Bulawayo company at a cost of about $500 000 and...
AXIA Corporation Limited says it sees greater opportunities going forward helped by struggling competitors as the going gets tough economically.Zimbabwe is struggling with acute cash shortages and loc...
CABS emerged the top-performing bank at this year's edition of the Zimbabwe Independent Banks and Banking Survey ceremony, which was held in Harare last night.CBZ was the first runner-up, followed by ...
PPC Zimbabwe Ltd is stuck with R896 million (US$64,2 million) due to its parent company after the local company failed to remit rights issue proceeds and other amounts due to the Johannesburg Stock Ex...
Zimbabwe is prepared to provide guarantees to banks that will be financing agriculture to help plug the funding gap to the sector, according to Finance and Economic Development Minister Mthuli Ncube. ...
TREASURY has proposed further exemptions to the Intermediated Money Transfer Tax of two cents per dollar transacted following widespread stakeholder concerns and the need to ease cost of doing busines...
AIM-listed mining group, Caledonia Mining Corporation, has showered praises on the Government for taking bold steps in implementing investment reforms which will add impetus to attracting investors an...