LISTED diversified media group, Zimpapers, has reduced total liabilities by 11.6 percent to $28.1 million while investment in capital expenditure also improved to $1.9 million last year from $1.2 mill...
By Staff reporter | Published: 30 March 2018
GOVERNMENT should first carry out an audit to determine how the now defunct parastatal, Zisco, accrued arrears before taking over the $500 million debt, stakeholders in Bulawayo said yesterday.Speakin...
By Staff reporter | Published: 30 March 2018
Magistrates at the anti-graft courts have been ordered to forfeit assets purchased from proceeds of corruption according to the law, as a deterrent measure to the vice.Addressing stakeholders in the f...
By Staff reporter | Published: 30 March 2018
STATE-OWNED postal services company, Zimpost, has slashed employees' salaries by half as the entity struggles to stay afloat.The company is not only behind on salary payments, but is failing to pay th...
By Staff reporter | Published: 30 March 2018
ZIMPAPERS says revenue for the full year to December 31, 2017, rose 4 percent to $39,1 million, largely driven by growth in broadcasting and the commercial printing division.While the newspaper divisi...
By Staff reporter | Published: 30 March 2018
NETONE has donated One-Fi devices to rural district councils to enhance payment to traditional leaders through its Mobile Financial Service platform, OneMoney.Many Rural District Councils are paying v...
By Staff reporter | Published: 30 March 2018
The All Share index was gained 0.03 points (0.03%) to settle at 86.98 preceding the Easter Holidays. OLD MUTUAL (OML.zw) put on $0.0195 to close at $5.6195, INNSCOR (INN.zw) added $0.0050 to $0....
By zse | Published: 29 March 2018
Zambia and Zimbabwe plan to start construction of a $4 billion power-plant complex that will supply both nations next year.The African Development Bank is advising the Zambezi River Authority on raisi...
By Bloomberg | Published: 29 March 2018
A RENEWED ownership wrangle has erupted over the country's third-largest mobile network operator, Telecel Zimbabwe, following the return of self-exiled businessman and co-founder James Makamba after 1...
By Staff reporter | Published: 29 March 2018
FORMER Oxford University scholar and one of the country's finest academics, Professor Arthur Mutambara, is accused of defrauding the Global Fund of US$191 000 after his Mutambara Science and Technolog...
By Staff reporter | Published: 29 March 2018
THE dodgy project involving Air Zimbabwe (AirZim) and new airline Zimbabwe Airways is getting murkier, amid allegations that some senior government officials are deliberately sabotaging the debt-ridde...
By Staff reporter | Published: 29 March 2018
THE Reserve Bank of Zimbabwe (RBZ) has amended the National Payment Systems Act to prevent close to five million mobile money subscribers from losing their money should network operators (MNOs) collap...
By Staff reporter | Published: 29 March 2018
THE US$4,2 billion platinum investment deal between government and Cyprus-based company Karo Resources, although positive at face value, needs to be scrutinised to ensure transparency and avoid corrup...
By Staff reporter | Published: 29 March 2018
In 2017, the Daily Maverick published a series of articles based on Stuart Doran's monumental history of Zanu-PF and Robert Mugabe, titled Kingdom, Power, Glory. In this major review of the book, form...
By David Owen, British politician | Published: 29 March 2018
GOVERNMENT has made a u-turn on workers' wages, revealing that it now supports productivity-based pay.In a speech read on her behalf at an Employers' Confederation of Zimbabwe (Emcoz) human resources ...
By Staff reporter | Published: 29 March 2018
BUSINESS leaders have expressed outrage over the ruling by Chief Justice Luke Malaba yesterday that obliges employers to compensate workers they dismissed on three months' notice three years ago, a de...
By Staff reporter | Published: 29 March 2018
LISTED hotelier, African Sun Limited, has this financial year spend US$5,8 million in refurbishments and placements for its hotels and franchises, as the group aims to position itself as world-class h...
By Staff reporter | Published: 29 March 2018
ZIMBABWE will this year set up a metallurgical laboratory to determine the exact value and quality of mineral export shipments, particularly the platinum group of metals (PGMs), businessdigest reporte...
By Staff reporter | Published: 29 March 2018
EMPLOYERS have castigated the release of a list of companies and individuals accused of illegally externalising money by government last week, describing it as a mockery of the fight against corruptio...
By Staff reporter | Published: 29 March 2018
CONSTRUCTION of Old Mutual's US$21,4 million small-to-medium enterprises (SMEs) complex, which was initially set to be finalised during this year's first half, will be delayed owing to the debilitatin...
By Staff reporter | Published: 29 March 2018
Zimre Holdings Limited (ZHL) says it is targeting to raise, through its subsidiary, Emeritus International, in excess of US$80 million through the first phase of a private placement, which will enable...
By Staff reporter | Published: 29 March 2018
Duly Trucks, which was recently awarded the Best Dealer of the Year for the Developing Markets Award, is looking at selling over 100 vehicles, including tractors this year, with Q1 2018 results pointi...
By Staff reporter | Published: 29 March 2018
BLUE Ribbon Foods (BRI), a subsidiary of Tanzania's Bakhresa Group, is set to commission its new US$5 million plant in August this year, businessdigest has learnt.Blue Ribbon's head of human resources...
By Staff reporter | Published: 29 March 2018
THE High Court has cleared the way for a civil claim against the directors of Royal Bank of Zimbabwe for alleged gross negligence and mismanagement, which the liquidator says resulted in the collapse ...
By Staff reporter | Published: 29 March 2018
GOVERNMENT has announced that it is considering a reduction in fuel and electricity taxes to improve industrial productivity.Energy and Power Development Minister, Simon Khaya Moyo, told The Financial...
By Staff reporter | Published: 29 March 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
