Telecel has gone into a partnership with the Harare City Council that will allow ratepayers to pay the City Council bills using telecash.Telecash is the mobile money transfer service launched recently...
Zimbabwe should consider auctioning its diamonds in the country to reduce costs that it incurs through logistical arrangements to sell the gems in Antwerp, Belgium, an expert said on Friday.Sale of Ma...
Diamond miner, Anjin Investments says it is struggling to keep its operations running due to falling ore grades and recoveries at its concession in the Marange fields.A joint venture between China's A...
Zimbabwe's trade deficit could be significantly understated in view of indications by a World Bank study that partner countries have reported much lower import figures from the country.The report enti...
Mbada Diamonds says it has realised over $1 billion in sales revenue in nearly five years of operations in the Marange diamond fields in Manicaland Province.This is in spite of years of operating unde...
Diamond companies operating in Marange are gearing up to invest in machinery that will enable them to mine the deep seated conglomerate and kimberlitic diamonds following the depletion of the alluvial...
ZSE's daily turnover jumped to $5 million on Monday spurred by a bookover of about 5 million shares in Econet by brokers Imara as Industrials see-sawed back into the red.Daily market value traded jump...
Hunyani Holdings Limited is facing considerable pressure on margins and is performing below budget at operating profit level due to various factors such as competition and shrinkage of market, group M...
NicozDiamond will focus on managing costs and maintaining a healthy bottom line in F14 as revenue growth is expected to be subdued in line with a downcast economic environment, managing director Grace...
Problems bedevilling the crumbling MDC-T continue to mount as the party leader, Morgan Tsvangirai, yesterday openly told those pushing for his ouster to leave the party. It emerged that the secretary-...
THE country's largest fuel retailer, Total Zimbabwe will this year invest about $10 million towards the re-branding and refurbishment of its service stations across the country over the next years, a ...
LISTED retail conglomerate Innscor Africa Limited's top line vaulted by 55,4 percent in the interim to December 2013, but the difficult operating environment and huge overheads took the gloss of...
African Consolidated Resources Plc, an Alternative Investment Market listed gold mining company with significant interest in Zimbabwe, is undertaking a due diligence exercise with a major ...
SOME retail outlets in the country have in the recent past weeks started dishing out coins as change to their customers as they try to cash in on the weakening South African Rand.This was unlike in th...
PROPERTY investors in Zimbabwe are shifting focus from office to retail shops due to increased demand for retail space in the central business district (CBD), a local analyst has said.Addressing stake...
TN Harlequin Luxaire, the furniture arm of Lifestyle Holdings, is locked in a bitter labour dispute with about 40 workers over outstanding salaries and benefits.In the matter, which has spilled into a...
The mining sector has potential to attract $12 billion in new investment over the next five years, but Zimbabwe's high mining fees could scare off investors, a World Bank report on trade and competit...
A book over of 86.40 million Zimplow Holdings shares at 2.5c buoyed ZSE's daily outturn during Friday's hushed trading session that saw shares rebounding from losses recorded in the week.There was not...
Pretoria - Platinum mining companies are paying their chief executive officers 199 times more than they are paying mineworkers, the Association of Mineworkers and Construction Union (Amcu ) said on Th...
Financial Highlights:- Total revenue: $ 18 350 089- Total costs: $ (16 002 217)- Operating profit: $ 2 347 872- Profit before tax: $ 2 914 012- Profit for the year: $ 2 311 508- Proposed dividend per ...
Elton Mangoma, the MDC-T deputy treasurer, is awaiting a verdict on his future today as the MDC-T National Council leaders gather in Harare in a bid to put to rest calls for leadership renewal r...
Zimbabwe's 2013 gold deliveries went down 6.02% to 12 663.39kg from 13 474.43kg in 2012. In a January 2014 monthly economic review, the African Development Bank (AfDB) said the 2013 output was way bel...
Impala platinum Holdings (Implats) says its Zimbabwean operation, Zimplats, is set to spur the group's growth forecasts despite economic and political shortcomings. This comes as the South Africa-base...
Finance Minister Patrick Chinamasa on Wednesday refused to confirm whether the government would deliver on election promises made last year for higher wages to its employees in April. Chinamasa was pu...
St Anne's Hospital, a subsidiary of pharmaceutical group Caps Holdings, could become a subject of a hostile takeover bid by "a suitor" said to be linked to its former landlord following the expiry of ...