BEVERAGES maker, Delta Corporation, has invested close to $3 million in effluent and road upgrade projects in Bulawayo since 2016 as part of its community development initiatives. As one of the signif...
PLATINUM group metal (PGM) and chrome miner, Tharisa, is taking a low-risk approach to a high-risk country with the investments into Zimbabwe, it has announced this year.For almost 30 years, Zimbabwe ...
METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote financial inclusion under a strategic plan that will determine the direction of the i...
LAFARGE Cement Zimbabwe says the recent spike in demand for cement, which resulted in a supply backlog on the market, is a positive signal of economic growth. In a statement, the firm allayed public f...
State petroleum company, Petrotrade has - for the third year running declared a dividend to Government after registering an after tax profit of $3,75 million for the year ended December 2017. Speaking...
Johannesburg Stock Exchange-listed sugar producers Tongaat Hulett Limited, has appointed Zimbabwean Sydney Mtsambiwa as its interim chief executive officer. This follows the pending retirement of curr...
AUSTRALIA Stock Exchange (ASX) listed Prospect Resources, says its Zimbabwean unit, Prospect Lithium Zimbabwe, has secured $10 million export finance facility from the Reserve Bank through CBZ Bank Li...
First Money Microfinance Services (FMFS), a fintech with seven branches nationwide, has launched a debit card in partnership with StewardBank.The innovation called iSave debit card allows customers of...
The Postal and Telecommunications Regulatory Authority of Zimbabwe has increased visibility in most rural areas, after canvassing the country's 10 provinces, teaching mobile network providers' consume...
SABLE Chemicals Industries (Sable), Zimbabwe's only manufacturer of ammonium nitrate (AN), says it will only be able to meet just about 38% of national demand this year.AN is a top-dressing fertiliser...
THE Zimbabwe Tourism Authority (ZTA) on Friday presented awards to best stand exhibitors at the just-ended Sanganai/Hlanganani World Tourism Expo that was held in Bulawayo. A total 11 companies scoope...
GOVERNMENT is engaging the country's largest gold producer Metallon Corporation with a view to finding a lasting solution to the miner's problems which has seen it placing hundreds of workers on retre...
River Ranch, a diamond rich mine in Beitbridge, sits quietly with no sign of life on the edges of Limpopo.Its solitude however gives a loud cry for urgent attention.The story of the mine is that of go...
AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun plans t...
NATIONAL airline, Air Zimbabwe (Pvt) Ltd has been taken to court by local internet service provider, Powertel Communications (Pvt) Ltd, over a $18 441 debt for services rendered.On August 17 this year...
DELTA Corporation (Delta) says it has invested at least $2,9 million in infrastructure-related corporate social investments under its integrated sustainable development framework.Sustainability is par...
THE National Railways of Zimbabwe (NRZ) has opened its premier class coaches to individual passenger bookings following demand for the service by travellers. Prior to this decision the premier class c...
Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be conducted thi...
THE Insurance and Pensions Commission (Ipec) says Zimbabwe's insurance penetration rate is much higher than the figures reported by PricewaterhouseCoopers (PwC), which ranked the industry fifth in Afr...
There are plenty of new and dormant coal projects in Zimbabwe, which can help improve the economy, says senior coal analyst Xavier Prévost.Zimbabwe has abundant coal resources of a high quality, as s...
THE $15 million Tourism Revival Fund facility availed by the Reserve Bank of Zimbabwe (RBZ) to prop up the collapsing industry has been lying idle for about seven months with only three industry's pla...
A LOCAL privately-owned gold mining and exploration concern, Bilboes Holdings is seeking to expand its operations as it moves to ramp up its mineral production.Bilboes Holdings chief executive officer...
THE country is poised to achieve its 30 tonnes gold production target for this year buoyed by the continued increase in deliveries of the yellow metal to Fidelity Printers and Refiners (FPR) by small-...
The People's Own Savings Bank (POSB) says it will soon unveil a $10 million line of credit aimed at assisting exporters to secure foreign currency.A persistent trade deficit has plunged Zimbabwe into ...
ZIMBABWE Tourism Authority (ZTA)'s chief executive Karikoga Kaseke yesterday said they were committed to restoring Bulawayo's tourism legacy.Addressing a media briefing, Kaseke said they were going to...