Ginners and farmer organisations have opened negotiations for viable cotton prices to lure back farmers who had abandoned the crop.Most cotton farmers abandoned the crop because of poor prices and are...
Tsingshan Iron and Steel Group of China is planning to establish an integrated stainless steel manufacturing plant in Zimbabwe, which will incentivise the company's involvement in infrastructure refur...
The Ministry of Water, Environment and Climate has begun the process of unbundling the Zimbabwe National Water Authority (Zinwa). Water, Environment and Climate Minister Savior Kasukuwere told parliam...
The World Bank is interested in assisting Zimbabwe in resuscitating the smallholder livestock sector to boost the national herd. The national herd stands at 5, 2 million with three quarters of it comi...
EcoBank Zimbabwe Limited has recorded a $2,4 million profit before tax for the year ended 31 December 2013, a 220 percent rise from last year`s figure of $0.75million.The group's financial statement f...
There were just 2 counters to trade in the positive on Thursday but Industrials managed to scratch out modest gains helped by selected counters that had their bids closing higher than the previous tra...
Chemco minority shareholders approved the proposal for TSL to take full control of the agro chemicals business during an EGM held this morning.The shareholders passed all the resolutions namely; incre...
Fidelity Life will focus on the development of Southview Park in FY14 with proceeds from stand sales expected to drive the group's profitability to an estimated $30 million, MD Simon Chapereka told an...
Financial Highlights:- Total revenue: $ 24 591 505- Total expenses: $ (20 293 554)- Profit from operations: $ 4 297 951- Profit before tax: $ 2 893 663- Profit for the year: $ 2 537 101- Dividend per ...
THE ZIMBABWE Stock Exchange (ZSE) is conducting investment awareness seminars for Bulawayo university students in a bid to make them appreciate how the local bourse functions.ZSE officials yesterday m...
The protracted industrial action by mine workers in South Africa, the world's largest producer of platinum, could result in an upturn of platinum prices, the local mines body has said.Chamber of Mines...
Prospects of Zimbabwe's economic revival remain gloomy with developments indicating a tough time ahead, economic analysts say.Among the challenges, the economists say the country faces a widening trad...
Zimbabwe's total gold earnings slumped 20 percent to $626 million last year from $783 million realised in 2012, latest Chamber of Mines (CoM) figures reveal.This comes as escalating production costs, ...
History should only serve to remind us where we have come from, but should never limit what we can become.I notice that I could have left some of my judicious readers in the lurch last week with my su...
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has revealed that NetOne's operating licence is not due for renewal this year, insisting the company still has three years o...
Fidelity Life Assurance has anchored its growth on Southview Park, a property development project, confident it will deliver a $30 million windfall if all the 5 974 stands are sold. Southview Pa...
The National Social Security Authority is racing against time in its bid to regularise the Rainbow Tourism Group Beitbridge hotel by next Friday, a deadline by which its temporary permit expires. The ...
The Minister of Youth Development, Indigenisation and Economic Empowerment, Francis Nhema, says all companies, particularly those in mining, are obliged to contribute to the community share ownership ...
The Government will utilise the convergence of information communication technology experts in the country to finalise the draft ICT policy, a Cabinet Minister said on Tuesday.About 30 companies are e...
Cooking oil manufacturer Surface Investments has devised a new mechanism for funding contract farming that prevents side marketing, an official said on Tuesday.Surface chairman Narottam Somani told Ne...
Rio Tinto Plc, which has a 78 percent interest in the Murowa Diamond Mine near Zvishavane, has announced changes to its board.Anne Lauvergeon and Simon Thompson will join the boards of Rio Tinto plc a...
Tobacco prices in Zimbabwe, which relies on the crop as its biggest agricultural export earner, fell 16 percent from a year earlier, according to the Tobacco Industry and Marketing Board.Leaf prices ...
Zimbabwe property owners have decided to convert office space in cities to retail outlets in a bid to stay afloat, according to Africa Report.The report says that the property owners have been realisi...
ZSE shares weakened further on Wednesday with most heavyweight counters trading southwards largely on gloomy economic outlook as depicted in the current earnings data across all sectors pointing to an...
TSL Limited group Chief Executive Washington Matsaira told the AGM this afternoon that they are confident that they will continue to deliver a steady growth as they keep working to mitigate the impac...