An unnamed Mauritius Stock Exchange-listed company is set to inject $30 millionn for a controlling stake in Allied Financial Holdings, the parent company of financial services entity, Allied Bank. The...
By Staff reporter | Published: 06 March 2014
Mwana Africa says it has achieved major milestones in terms of operations and the financial performance of its Zimbabwe subsidiaries and this is reflecting in the group's share price. The London Alter...
By Staff reporter | Published: 06 March 2014
Better ChangeNew ventures and even existing businesses are not immune to the powers of change. Change also happens when it is least expected, and the interaction between changes can definitely lead to...
By Regenesys | Published: 06 March 2014
Financial Highlights:- Revenue: $ 525 204 383- Profit before interest and tax: $ 37 524 676- Profit before tax: $ 34 891 589- Profit for the period: $ 26 735 187- Interim dividend: 0.60 US cents- Tota...
By INN | Published: 06 March 2014
Financial Highlights:- Revenue: $ 39 873 980- Operating profit: $ 348 806- Profit before tax: $ 1 715 897- Profit after tax from continuing operations: $ 1 633 505- Loss after tax for the year from di...
By ZIMW | Published: 06 March 2014
Financial Highlights:- Revenue: $ 165 773 000- Profit before interest and tax: $ 9 894 000- Profit before tax: $ 9 211 000- Profit for the period: $ 6 870 000- Interim dividend: 3.0 US cents- Total co...
By NTDF | Published: 06 March 2014
Financial Highlights:- Revenue: $ 67 601 367- Profit before finance costs and tax: $ 5 833 416- Profit before tax: $ 5 140 739- Profit for the year: $ 3 492 470- Dividend: Nil- Total comprehensive inc...
By LACZ | Published: 06 March 2014
Financial Highlights:- Revenue: $ 33 981 575- Operating profit before depreciation: $ 3 759 857- Profit before interest and tax: $ 2 815 379- Profit before tax: $ 2 982 263- Profit for the period: $ 2...
By COLC | Published: 06 March 2014
The World Bank has urged Zimbabwean authorities to reduce trade restrictions in order to improve on its trade performance after a research found the country's exports to have drastically declined by 5...
By Staff reporter | Published: 05 March 2014
Mobile telecommunications company Econet Wireless on Tuesday launched a platform that provides free access to over 50 educational websites.The company, which has invested millions in support of educat...
By New Ziana | Published: 05 March 2014
ZSE-listed Innscor Africa Limited has transferred its share transfer secretarial services to Corpserve Registrars Limited.The change is with effect from March 1 2014. A share transfer secretary is res...
By Staff reporter | Published: 05 March 2014
The cost of living as measured by the Consumer Council of Zimbabwe's low income urban earner monthly basket for a family of six decreased from $561,56 in January 2014 to $559,93 by end of February ref...
By Staff reporter | Published: 05 March 2014
A block deal of about 107 million Cottco shares worth $1.88 million booked over at 1.1c bolstered ZSE's daily turnover on Wednesday but trading across the board remained mixed with Industrials staying...
By zfn | Published: 05 March 2014
Zimplow CE Zondi Kumwenda told an analysts briefing today that they are pleased by the group's structure which emerged after the restructuring last year and they are "now focused on the businesses the...
By zfn | Published: 05 March 2014
Truworths' in-store card which was launched in October 2013 has boosted the group's sales and contributed to cash generation, CE Themba Ndebele told an analysts briefing yesterday.Retail sales and gro...
By Staff reporter | Published: 05 March 2014
VISITING Norwegian development economist Erik Reinert has urged Zimbabwe to adopt the Swiss strategy of splitting up share capital on voting and non-voting stock when implementing the indigenisation a...
By Staff reporter | Published: 05 March 2014
CABS says it will lend $100 million in mortgaging financing this year and has doubled the repayment period in a boost for the property sector.Responding to questions from NewsDay, CABS managing direct...
By Staff reporter | Published: 05 March 2014
Old Mutual Assurance Zimbabwe Limited (OM) is set to acquire another 11,7 percent stake in hard-pressed building materials manufacturer, PG Industries (PG), after a bailout deal.The insurance group wi...
By Staff reporter | Published: 05 March 2014
Zimbabwe has auctioned tobacco worth $16 million since the opening of the 2014 selling season mid-February.The figure, according to statistics from Tobacco Industry and Marketing Board (Timb), is up f...
By Staff reporter | Published: 05 March 2014
Zimbabwe's platinum output is expected to rise 21,5 percent to 13 tonnes this year from 10, 2 tonnes produced in 2013, according to the Zimbabwe Economic Analysis and Research Unit (Zeparu).In its rep...
By Staff reporter | Published: 05 March 2014
Distressed hygiene and health products maker, Reckitt Benckiser Zimbabwe (RB), is auctioning its plant and equipment, signalling a total collapse of the company.The assets are set to go under the hamm...
By Staff reporter | Published: 05 March 2014
COOKING oil manufacturer, Surface Investments plans to install a new refinery within the next two years to triple production from the current three million litres a month, an official said yesterday.T...
By New Ziana. | Published: 05 March 2014
SOME local banks have started opening accounts for transacting in the Japanese yen, Chinese yuan, Australian dollar and Indian rupee following the expansion of the country's foreign currency basket by...
By Staff reporter | Published: 05 March 2014
African Sun has entered into a sale agreement for Dawn Properties' linked units with Lengrah Investments, a related party. This will result in the hotel group disposing of 406 466 976 Dawn Properties'...
By Staff reporter | Published: 05 March 2014
Olivine Industries Limited requires about $32 million to increase capacity and retool its plant. The fast foods consumer goods manufacturer's production capacity plunged by 82% from about 202 330 tonn...
By Staff reporter | Published: 05 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
