The sale of prepaid electricity tokens through state-owned enterprises has failed to take-off amid reports that PowerTel and its technical partner E-Solutions are struggling to provide a solution for ...
By Staff reporter | Published: 07 March 2014
CBZ Bank has lost $600 000 after a tobacco auction floor it advanced the money as an overdraft facility went into liquidation before it settled the debt. The overdraft facility extended to Millennium ...
By Staff reporter | Published: 07 March 2014
NMB announced the appointment of Ben Zwinkles representing AfricInvest, Cheikh Ndiaye representing the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. and Deepak Malik representin...
By Staff reporter | Published: 07 March 2014
Rio Tinto has announced the dates of its first rough diamond tender of 2014, which will be held in Israel and Antwerp from March 9 to 28.The tender will offer 124 lots from the Argyle (Australian), Di...
By Staff reporter | Published: 06 March 2014
There is an urgent need for policy makers to implement practical initiatives in resolving trade constraints that the country is facing, Kumbirayi Katsande, the CEO of Nestle, has said.Responding to re...
By Staff reporter | Published: 06 March 2014
The Cotton Company of Zimbabwe (Cottco) expects production of the crop to rise this year as more farmers utilise the communication facility that it introduced to relay technical information.Cottco int...
By New Ziana | Published: 06 March 2014
Zimbabwe Stock Exchange listed firm National Foods Holdings Ltd says it will invest $5,3 million for capital expenditure projects to boost capacity.In a statement accompanying the financial results fo...
By Staff reporter | Published: 06 March 2014
Colcom Holdings Limited group has declared an interim dividend of US0,4c per share after posting a 86 percent increase in profit after tax for the six months to December 31 2013.In a statement, Colcom...
By Staff reporter | Published: 06 March 2014
Diversified group Innscor Africa Limited plans to consolidate its bakery operations in Harare due to a decline in demand.Innscor board chairman David Morgan said bread production would be done at th...
By Staff reporter | Published: 06 March 2014
The contract farming arrangement between the Grain Millers Association of Zimbabwe and the Bakers Association has failed due to "poor long-term commitment".GMAZ president Tafadzwa Musarara told the in...
By Staff reporter | Published: 06 March 2014
Finance Minister Patrick Chinamasa said on Wednesday relations between Zimbabwe and the United States are severely strained to the extent that the two countries are not "talking".Chinamasa, who was ad...
By New Ziana | Published: 06 March 2014
Zimbabwe is holding gold coins valued at $501,390 as its only reserves, enough to buy only 1,400 tonnes of maize, the finance minister has said, highlighting the parlous state of the country's f...
By Staff reporter | Published: 06 March 2014
ZSE shares wallowed in the red on Thursday as the current earnings data fails to provide fresh impetus to the market amid significant volumes trading in BAT. Delta. Econet and Old Mutual.The Industria...
By Staff reporter | Published: 06 March 2014
Lafarge's full year revenue is expected to improve by 10% compared to 2013 and $7 million will be spent on capital expenditure during the year to improve plant efficiencies, finance director Far...
By Staff reporter | Published: 06 March 2014
Companies from over 20 countries are expected to participate at this year's Zimbabwe International Trade Fair (ZITF), whose preparations are already in full swing. The 55th edition of the annual trade...
By Staff reporter | Published: 06 March 2014
Econet Wireless Zimbabwe has distanced itself from an alleged row involving agents for its mobile money transfer, saying the company never had "exclusive contracts" with any of its dealers. Telecel, w...
By Staff reporter | Published: 06 March 2014
HWANGE Colliery Company Limited (HCCL), the country's largest coal miner, is to increase output from 150 000 tonnes to more than 450 000 tonnes by end of this month, The Financial Gazette's Companies ...
By Staff reporter | Published: 06 March 2014
The International Monetary Fund (IMF) is to send a mission to Zimbabwe this month for a review of the country's progress in implementing its Staff Monitored Programme (SMP), sources said this week. Th...
By Staff reporter | Published: 06 March 2014
AN executive with power utility, ZESA Holdings, is embroiled in a multi-million dollar scandal in which he allegedly authorised a company called Revma to supply a prepaid billing platform and meters w...
By Staff reporter | Published: 06 March 2014
Samsung Africa Electronics (Samsung) says it will need to gain trust in government before optimally investing in Zimbabwe.The electronics group - targeting a $10 billion investment in Africa by 2015 -...
By Staff reporter | Published: 06 March 2014
Zimbabwe needs about $18 billion to modernise its infrastructure and recapitalise, a top government official has said.Stanislaus Mangoma, director of Enterprise Development in the ministry of Industry...
By Staff reporter | Published: 06 March 2014
China has ruled out budgetary support to Zimbabwe.Finance minister Patrick Chinamasa, who recently returned empty-handed from Washington after being denied funding by the International Monetary Fund (...
By Staff reporter | Published: 06 March 2014
Zimbabwe is among 10 least attractive mining investment destinations, ranking 106 out of 112 countries, according to the latest Fraser Institute survey.Among the 10 lowly- rated jurisdictions, the Can...
By Staff reporter | Published: 06 March 2014
The country's poor export performance has failed to power the fledgling economy to reach its job-creating potential, an international expert has said. Addressing delegates at a high level seminar on t...
By Staff reporter | Published: 06 March 2014
A consortium of local and foreign investors has made a bid of $22 million for Homelink Private Ltd, with the company's management and OK Zimbabwe also said to be in the race to acquire the Reserve Ban...
By Staff reporter | Published: 06 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
