Government and labour are headed for a showdown following the announcement by Finance minister, Patrick Chinamasa, that Cabinet was mulling reviewing labour regulations. Chinamasa said Cabinet had agr...
By Staff reporter | Published: 25 March 2014
Zimbabwe is considering a platinum refinery construction proposal by South Africa-based Impala Platinum Holdings (Implats), businessdaily has learnt.Mines minister Walter Chidhakwa yesterday said he m...
By Staff reporter | Published: 25 March 2014
FBC Holdings (FBCH) is finalising a $10 million import facility with PTA Bank (PTA), its chief executive John Mushayavanhu said.He told businessdaily that it would be available shortly."In 2013, we go...
By Staff reporter | Published: 25 March 2014
MBCA Bank (MBCA) - a unit of Nedbank group - says it is working on accessing loan financing from Export Credit Insurance Corporation (ECIC) of South Africa."The bank (MBCA) is in contact with our clie...
By Staff reporter | Published: 25 March 2014
Mwana Africa Plc (Mwana) is set to regain $47,3 million it had written off on Bindura Nickel Corporation (BNC)'s non-current assets over viability concerns of the Zimbabwe-based unit, an investment in...
By Staff reporter | Published: 25 March 2014
Tetrad Investment Bank (Tetrad) has been taken to court by the Bindura University of Science Education (BUSE) over a $560 000 deposit, which it has failed to pay on maturity.This comes as the fledgli...
By Staff reporter | Published: 25 March 2014
The International Monetary Fund (IMF) is set to re-open its local office later this year, a decade after its closure, signalling the warming of relations between the global lender and Zimbabwe. IMF de...
By Staff reporter | Published: 25 March 2014
New RBZ Governor John Mangudya has the right qualifications and experience to lead the central bank, and his appointment inspires confidence in the market, business and labour leaders said yesterday. ...
By Staff reporter | Published: 25 March 2014
CBZ Holdings CE John Mangudya has been named the new Reserve Bank of Zimbabwe (RBZ) governor. Mangudya replaces Gideon Gono who was also head of CBZ before assuming charge at the central bank in 2003....
By Staff reporter | Published: 25 March 2014
ZSE shares dosed out another gloomy week with a dull performance as foreign investors stayed away amid growing economic angstThe Industrials Index dipped 1.19 points or 0.65% to close at 181.10 with t...
By Staff reporter | Published: 25 March 2014
African Sun will focus on driving the international market to grow ADR and volumes, group chief executive Shingi Munyeza told the AGM today."Driving international market to grow ADR and volumes; this ...
By Staff reporter | Published: 25 March 2014
Central Africa Building Society (CABS) says the $62 million low cost housing scheme in Budiriro is nearing completion with units expected to be handed over to buyers by the end of the first quarter.In...
By Staff reporter | Published: 20 March 2014
A study has revealed that almost half of Zimbabwean remittance recipients are unbanked.The study released by the International Journal of Management and Humanity Sciences was based on a survey of 203 ...
By Staff reporter | Published: 20 March 2014
Industrial Development Corporation (IDC) subsidiary and cooking oil manufacturer Surface Investments this year plans to spend $2,5 million on purchasing a new bottling line as part of moves to boost p...
By New Ziana | Published: 20 March 2014
The Zimbabwe government on Wednesday called for patience as modalities for re-opening of the defunct Kwekwe based steelmaker, New Zim Steel (formerly Ziscosteel) are being worked out.Deputy Industry a...
By New Ziana | Published: 20 March 2014
Industrials stayed in the positive territory on Thursday as blue chips Delta and Econet extended gains while daily turnover eased from yesterday but managed to close above the psychological S1 million...
By Staff reporter | Published: 20 March 2014
Zimbabwe Stock Exchange chief executive Alban Chirume announced today that the bourse signed a contract for the supply and installation of the Capizar ATS product by Infotech Middle East FZ LLC."The Z...
By Staff reporter | Published: 20 March 2014
DZLH is projecting a 6% volumes growth in FY14 driven by investments in constrained lines and new products after posting an 8% decrease in sales volumes for the year ended 31 December 2013, group CEO ...
By Staff reporter | Published: 20 March 2014
Turnall will be shifting its focus towards the top tier market going forward as subdued demand patterns have affected the low end market segment, MD John Jere told an analyst briefing yesterday."We ar...
By Staff reporter | Published: 20 March 2014
ZPI will be focusing on smaller projects that deliver value going forward until the economy recovers, managing director Edson Muvingi told an analyst briefing yesterday."Those who know Zimre Park, we ...
By Staff reporter | Published: 20 March 2014
FBC Holdings indicated that there was a modest increase of 7% in total income to $79.50 million while profit before tax "slightly decreased by 4%" to $16.22 million, CE John Mushayavanhu told analysts...
By Staff reporter | Published: 20 March 2014
FBC Holdings will continue focusing on liquidity and risk management under an environment characterised by liquidity challenges and heightened default rates currently obtaining in the Zimbabwean econo...
By Staff reporter | Published: 20 March 2014
Zimbabwe Stock Exchange-listed conglomerate, Innscor Africa Limited's TV Sales division outperformed the group's key bakeries and fast foods segments after its revenue for the six months ended Decembe...
By Staff reporter | Published: 20 March 2014
CHAMBER of Mines of Zimbabwe (CoMZ) chief executive officer (CEO), John Chikombero, resigned from the high pressure job with immediate effect on Wednesday last week, amid reports of sharp differences ...
By Staff reporter | Published: 20 March 2014
The Comptroller and Auditor General's office has unearthed glaring financial irregularities at the ministry of Transport and Infrastructural Development, among them, the failure in two consecuti...
By Staff reporter | Published: 20 March 2014
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
