The Zimbabwe Asset Management Company (Zamco), a special purpose vehicle created by the Reserve Bank of Zimbabwe (RBZ) to rid the banking sector of non-performing loans (NPLs), has so far acquired $1,...
By Staff reporter | Published: 27 July 2018
Zimbabwe, the first and only African country to successfully set up a lithium-ion battery carbonate plant, is poised for a major role in the trillion dollar electric vehicles (EV) industry as it emerg...
By Staff reporter | Published: 27 July 2018
BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.The profits were driven by increase...
By Staff reporter | Published: 27 July 2018
ENERGY minister Simon Khaya Moyo yesterday blamed the crippling fuel shortages being faced by the nation on late foreign currency allocation and ethanol shortage.Khaya Moyo told journalists in Bulaway...
By Staff reporter | Published: 27 July 2018
PLAYERS in Bulawayo's tourism industry in collaboration with the Zimbabwe Tourism Authority (ZTA) have embarked on an aggressive awareness programme to market tourism products in the city.The initiati...
By Staff reporter | Published: 27 July 2018
THE poultry sector has embarked on an aggressive restocking programme after the outbreak of avian influenza that hit Zimbabwe last year.As a result of the avian influenza at one of the country's bigge...
By Staff reporter | Published: 27 July 2018
Anglo American Platinum's local unit, Unki Mine, anticipates completion of its smelter project in the third quarter of 2018 and is expected to create employment and contribute towards economic growth....
By Staff reporter | Published: 27 July 2018
Zimbabwe could save at least $11 million per month and hundreds of jobs if it stops exporting scrap metal and beneficiate it locally, the Zimbabwe Institute of Foundrymen (ZIF) has said. The foundry i...
By Staff reporter | Published: 27 July 2018
At a time Government is pursuing financial inclusion strategies in remote areas, the latest innovation, C-Trade; an online and mobile share trading platform is expected not only to make trading of sto...
By Staff reporter | Published: 27 July 2018
Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...
By Staff reporter | Published: 27 July 2018
ASBESTOS fibre cement products manufacturer Turnall Holdings will be debt free by the end of the 2019 financial year after it managed to offload its $7,2 million loan to the Zimbabwe Asset Management ...
By Staff reporter | Published: 27 July 2018
Government has enacted a law that will see the unbundling of the Civil Aviation Authority Zimbabwe (Caaz) and the establishment of a separate entity, the Airports Company of Zimbabwe.The Civil Aviatio...
By Staff reporter | Published: 27 July 2018
BancABC, the local unit of African Banking Corporation, is among the top banks that are generating the bulk of their revenue from interest-bearing activities, a survey of financial institutions operat...
By Staff reporter | Published: 27 July 2018
Small-scale gold miners have been described as the mainstay of gold production in Zimbabwe and should be protected if the country's economy is to fully recover.The contribution of small-scale miners c...
By Staff reporter | Published: 27 July 2018
FUNERAL services provider, Nyaradzo Group yesterday took delivery of 13 custom-made top-of-the-range hearses acquired from South Africa at a cost of $572 000 as it seeks to expand its services to all ...
By Staff reporter | Published: 26 July 2018
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has rolled out over 146 community information centres (CICs) throughout the country courtesy of the Universal Service Fund (...
By Staff reporter | Published: 26 July 2018
LIQUID Telecom Zimbabwe managing director, Wellington Makamure, says the interterrestial high speed optic fibre they are working on will see the creation of communication and learning zones called Edu...
By Staff reporter | Published: 26 July 2018
PRESIDENT Emmerson Mnangagwa yesterday launched one of the country's most advanced technological chrome processing plants as the new administration continues to launch multi-million dollar projects to...
By Staff reporter | Published: 26 July 2018
DIVERSIFIED agro-products manufacturer United Refineries Limited (URL) says it continues to operate at between 40 and 50 percent of capacity due to low production of soya beans in the country and the ...
By Staff reporter | Published: 26 July 2018
ONE of Bulawayo's clothing factories, Femina Garments, is operating at 30 percent capacity utilisation due to persistent foreign currency challenges, blamed for frustrating operations.The company's ma...
By Staff reporter | Published: 26 July 2018
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) director general, Dr Gift Machengete, has called for increased collaboration between policy makers and operators towards further...
By Staff reporter | Published: 26 July 2018
ZIMBABWE's annual premier breeding livestock auction, National Bull Sale, saw the price for the most expensive beast in the bulls category vault 195 percent to $24 000 up from the $8 400 recorded at l...
By Staff reporter | Published: 26 July 2018
Zimbabwe has so far earned $216,8 million after exporting 51,3 million kilogrammes of tobacco to 52 countries, a setback of $72,8 million on export earnings realised during the same period last year. ...
By Staff reporter | Published: 26 July 2018
THE Zimbabwe Mining Development Corporation (ZMDC) has shortlisted Canadian and South African investors for joint venture partnerships to resuscitate its defunct gold and graphite mines in the country...
By Staff reporter | Published: 26 July 2018
LEADING mobile telecommunications company Econet Wireless Zimbabwe has further lowered its EcoCash transaction tariffs with effect from August 1, 2018.In a notice issued yesterday, Econet said sending...
By Staff reporter | Published: 26 July 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
