THE Bankers' Association of Zimbabwe (BAZ) said there is need to set up a Special Purpose Vehicle (SPV) to address the issue of increased non-performing loans (NPLs).Addressing the Parliamentary Portf...
By Staff reporter | Published: 12 March 2014
A DELEGATION from the International Monetary Fund (IMF) is expected to land in Harare today to carry out an annual Article IV consultation and review progress on the fund's supervised economic reform ...
By Staff reporter | Published: 12 March 2014
The public is hereby advised that the ZSE invites comments on the First Draft of the revised ZSE Listing Requirements issued on 10 March 2014. The consultation period runs from 10 March 2014 to 10 Apr...
By ZSE | Published: 12 March 2014
Fast food outlet Packers International, popularly known as Chicken Slice, is set to roll out new outlets this year as it continues on its expansion drive and spread outside Harare.As part of expansion...
By Staff reporter | Published: 12 March 2014
The Presidential Inputs Support Scheme will contribute significantly to agriculture surpassing production targets set in the economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Deve...
By Staff reporter | Published: 12 March 2014
Zimbabwe is facing "huge" external demand for chrome ore, renewing pressure on the government to relax a law that bans exports of the unprocessed material, Mines Minister Walter Chidakwa said.There ha...
By Staff reporter | Published: 12 March 2014
Zimbabwean banks are in negotiations with China and India for supply of the countries' currencies.This comes on the back of the Reserve Bank of Zimbabwe (RBZ)'s addition of four new currencies - Chin...
By Staff reporter | Published: 12 March 2014
The Zimbabwe National Army (ZNA) and Zimbabwe Revenue Authority (ZIMRA) are reportedly importing low quality camouflages and corporate wear respectively from China, snubbing local manufacturers who ca...
By Staff reporter | Published: 12 March 2014
INGWEBU Breweries plans to introduce a new product sometime this year in a bid to diversify its products and increase the market base.In an interview yesterday, Ingwebu managing director Prince Ndlov...
By Staff reporter | Published: 12 March 2014
Over 2000 workers are set to be laid off this month with more companies earmarked to retrench more workers in the coming months, The Zimbabwe Congress of Trade Unions (ZCTU) has revealed.ZCTU secretar...
By Staff reporter | Published: 12 March 2014
Government owes the Grain Marketing Board $42 million, leaving it compromised to discharge its duties effectively, parliamentarians heard yesterday.Appearing before the Parliamentary Portfolio Committ...
By Lloyd Gumbo | Published: 12 March 2014
Asset management companies in Zimbabwe are passive and often times neglect their role of raising alarm where listed companies make decisions which are not in the interest of investors, the Securities ...
By Business Reporter | Published: 12 March 2014
RESERVE Bank of Zimbabwe subsidiary Fidelity Refineries and Printers owes local gold producers about $50 million dating back to the hyperinflation era when the company stopped operating.RBZ Acting Gov...
By Tinashe Makichi | Published: 12 March 2014
ZIMBABWE's largest gold mining group Metallon Gold has once again suspended operations at its Redwing Mine in Penhalonga due to flooding and is considering engaging a contractor to dewater it.Metallon...
By Martin Kadzere | Published: 12 March 2014
Industrials extended losses during Tuesday's trading session where only 3 counters managed to trade in the positive against 10 that closed in the red amid slumping volumes.Trading activity slowed with...
By Staff reporter | Published: 11 March 2014
Edgars Stores Limited will focus on cost control, more fashion, less price and a wider choice for customers to achieve profitable growth in FY14, group MD Linda Masterson told an analyst briefing toda...
By Staff reporter | Published: 11 March 2014
Government has closed its CBZ Bank (CBZ) account, a move the financial institution said will not affect its business.CBZ has since 2009 been acting as the State's bankers following the Reserve Bank of...
By Staff reporter | Published: 11 March 2014
Financial Highlights:- Revenue: $ 67 749 408- Gross profit: $ 31 027 432- Store expenses: $ (11 840 943)- Trading profit: $ 7 643 985- Profit before tax: $ 5 945 314- Profit for the year: $ 4 238 188-...
By EDGR | Published: 11 March 2014
Edgars Stores Limited reported a set of improved financial numbers showing an 8% growth in revenue to $67.7m. The Edgars chain was the biggest contributor to revenue at 80% while the Jet chain contrib...
By Staff reporter | Published: 11 March 2014
The market closed the week lower with the Industrial index shedding 0.3% to close at 188.93 points. The Mining index fell sharply by 12.4% to close at 34.36 points as a result of a decrease in Hwange ...
By Staff reporter | Published: 11 March 2014
THE European Union (EU) says it has no plans to extend budgetary support to Zimbabwe's stuttering industry.Aldo Dell' Ariccia, the union's head of delegation to Zimbabwe, said the trading bloc - set t...
By Staff reporter | Published: 11 March 2014
Zuva Petroleum owned by businessman and FBC Holdings group chief executive officer John Mushayavanhu has begun scouting for potential partners to operate its service stations in Bulawayo.Mushayavanhu ...
By Mernat Mafirakurewa | Published: 11 March 2014
LOCAL banks have raised concern over the Reserve Bank of Zimbabwe's directive compelling them to seek approval before raising charges or interest rates saying such a move was tantamount to unnecessary...
By Conrad Mwanawashe | Published: 11 March 2014
LIFESTYLE Holdings has defaulted on its obligation to pay out minority shareholders who opted for cash under an arrangement that involved issuing of new TN Harlequin International shares in exchange ...
By Staff reporter | Published: 11 March 2014
NewZim Steel (formerly Ziscosteel) is set to lose equipment worth millions of dollars at an auction to cover a debt accrued in a coal supply deal with Hwange Colliery Company. The auction will take pl...
By Staff reporter | Published: 11 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
