CFI Holdings is in talks with banks and other potential funders to develop its land into low-cost housing units to generate money for the group and its subsidiaries.The land is situated at CFI's subsi...
By Staff reporter | Published: 17 March 2014
THE liquidation hearing for Trust Bank Corporation (TBC) was pushed to next week after the Reserve Bank of Zimbabwe (RBZ) bungled in filing its heads of argument in response to the opposing affidavit ...
By Staff reporter | Published: 17 March 2014
The government and the African Development Bank (AfDB) will this week unveil a $35 million grant towards the development of infrastructure projects.The plan is being made after a Protocol of Agreement...
By Staff reporter | Published: 17 March 2014
The European Investment Bank has pledged to open credit lines to Zimbabwe provided the government resolve its $300 mlillion debt overhang. Zimbabwe has foreign debt arrears of $6 billion, with over $3...
By Staff reporter | Published: 17 March 2014
Foreign banks are yet to comply with Zimbabwe's indigenisation policy due to authorities' delay in approving their compliance plans, the Bankers Association of Zimbabwe says. This is despite governmen...
By Staff reporter | Published: 17 March 2014
The Antwerp World Diamond Centre wants to sell 12 million carats of diamonds from Zimbabwe this year, which would make the southern African country one of the six biggest suppliers to the Belgian-base...
By Bloomberg | Published: 17 March 2014
STRUGGLING chrome mining concern, Zimasco Private Limited, has embarked on a voluntary retrenchment exercise targeting to cut about 500 jobs across the company's entire operations in the country. Zima...
By Staff reporter | Published: 17 March 2014
Zimbabwe's mobile money platforms are still too expensive owing to the refusal to share infrastructure by the mobile service providers, parliamentarians heard last week.Giving oral evidence to the par...
By Staff reporter | Published: 17 March 2014
ZSE's Industrials faltered again in usual dull Monday trading sessions ahead of busy earnings week where at least 6 counters are so far expected to present their financials to the market.Counters DZLH...
By Staff reporter | Published: 17 March 2014
PRODUCTION of small grains is expected to double this year as most dry regions received adequate rains despite some areas being affected by floods, an expert has said.Small Grains and Cereal Producers...
By New Ziana | Published: 17 March 2014
The government has assured Essar Africa that it will secure a loan to pay off Ziscosteel's $200 million domestic debt to accelerate resumption of work at the fallen steel giant.The government inherite...
By Staff reporter | Published: 17 March 2014
PLANS are underway to turn Ascot Shopping Mall into a one-stop shop as its owners aim to boost business at the centre, an official has said.The mall, along the Bulawayo-Johannesburg Road next to Holid...
By Staff reporter | Published: 17 March 2014
INFORMAL traders in Harare have said they have not yet cashed in on proceeds from tobacco sales this year as most farmers have been affected by low prices obtaining at the auction floors and are not k...
By Staff reporter | Published: 17 March 2014
GOVERNMENT says it has engaged the Development Bank of Southern Africa (DBSA) to provide $450 million for the rehabilitation of railways and procurement of rolling stock as a way of addressing some of...
By Staff reporter | Published: 17 March 2014
SMALL-scale miners have called on the government to come up with policies that promote their activities to boost mineral production in the country.In an interview, Zimbabwe Artisanal and Small-scale ...
By Staff reporter | Published: 17 March 2014
PG INDUSTRIES shareholders last Friday approved yet another capital raise coupled with a corporate restructure which is expected to turnaround the fortunes of the firms which has over the years seen a...
By Staff reporter | Published: 17 March 2014
Total credit to the private sector declined 2.3% to $3.56 billion in January from $3.65 billion in December with 84% of that amount going towards loans and advances. According to the Reserve Bank of Z...
By Staff reporter | Published: 17 March 2014
Foreign banks may not declare dividends in the next five years as they battle to mobilise the $100 million capital requirement and therefore Government should consider promoting empowerment as oppose...
By Staff reporter | Published: 17 March 2014
CAPS Holdings executive chairman Mr Fred Mutanda has made sensational claims that the Reserve Bank of Zimbabwe collapsed the operations of CAPS Pharmaceuticals after ordering delivery of "all stocks ...
By Staff reporter | Published: 17 March 2014
FOREIGN Affairs deputy minister Christopher Mutsvangwa yesterday said exports were the only way that could lead to a comeback of the Zimbabwean dollar.Addressing MPs at a workshop on ZimAsset in Harar...
By Staff reporter | Published: 14 March 2014
CANADIAN Ambassador to Zimbabwe Lisa Stadelbauer has said investors from his country were a bit jittery over the current state of the investment climate in Zimbabwe.Addressing legislators attending a ...
By Staff reporter | Published: 14 March 2014
There was nothing exciting on the ZSE during Friday's dull trading session as Industrials waded back into the red with most heavyweight counters extending their losses.The Industrials Index eased 0.35...
By Staff reporter | Published: 14 March 2014
SUPPLIERS of telecommunications concern Econet Wireless are up in arms over a recent directive compelling them to open accounts with the mobile phone operator's bank, Steward Bank, businessdigest repo...
By businessdigest | Published: 14 March 2014
Government would rather halt all diamond mining in Marange than let firms operating there continue fleecing the country of millions of United States dollars through understating the real value of the ...
By Staff reporter | Published: 14 March 2014
QV Pharmacies has appealed to the High Court to overturn an order placing it under provisional judicial management arguing the order was "clandestinely" obtained. Mr Winsley Militala of Petwin E...
By Martin Kadzere | Published: 14 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
