African Consolidated Resources plc has declared an ore reserve estimate of 16.6Mt, containing 1.02Moz at 1.9g/t, and an updated resource of 62.0Mt containing 3.56Moz at 1.8g/t - both in accordance wi...
Despite all its economic and political drawbacks, Zimbabwe still offers Impala Platinum (Implats) its most attractive growth prospects as the group's mainstream operations in South Africa are hammere...
News gathered from a regional tech website has it that it has a VAS offering, Voice SMS, which is set to hit the local market before the end of the year through a yet to be identified service provider...
Olivine Industries managing director Jonas Mushangari has called upon Parliamentarians to put in place measures to curb smuggling of products mainly from South Africa as this was seriously hurting ind...
Industry has called for the Government to exclude the manufacturing sector from the indigenisation policy. The call was made by Surface Investments chairman Narottam Somani while addressing the Parlia...
SCHWEPPES Zimbabwe Limited has moved to acquire Beitbridge Juicing, based in the similarly named border town, in a bid to consolidate its position in the non-carbonated beverage market.Schweppes, a ma...
CBZ Holdings (CBZ) is in talks with the government to ensure farmers can use their land as security to access advance loans for agriculture operations.Some farmers hold 99-year lease agreements from t...
ZSE shares fattened on Tuesday after mixed trading in the market's heavily capitalised counters while daily volumes recovered from yesterday's levels but turnover stayed below the psychological $1 mil...
Financial Highlights- Total revenues: £ 19 810 000 000- Total expenses: £ (18 295 000 000)- Profit before tax: £ 1 532 000 000- Profit after tax for the financial year: £ 983 000 000- Dividend rec...
The Commercial Bank of Zimbabwe (CBZ), which is the current majority shareholder in bread maker, Lobels says about three investors have expressed interest to buy the company.CBZ Group chief executive...
The Zimbabwe Revenue Authority (Zimra) has cut down RMC Hospital's tax bill from a whooping $4 million to $1,7m, in a development that should give some reprieve to Munyaradzi Kereke, the RMC owner.Las...
Cairns, the agro-processing firm, currently under judiciary management, plans to revive its Bulawayo pasta producing plant before year-end, subject to availability of investment funds, a senior compan...
EcoCash Services chief operating officer Japhet Aritho says the Ecocash Payroll system will offer access to credit lines to small to medium enterprises and companies using the platform depending on t...
GRINDROD Trading has acquired a 51 percent stake in Bulawayo-based fast moving consumer goods manufacturer United Refineries Ltd, managing director Mr Busisa Moyo said. "We have just concluded the tra...
THE controversies surrounding investments made by the National Social Security Authority have pointed towards some partying going on in the authority.What is sad is the seemingly wanton investment de...
ZIMSWITCH has broken the impasse with Econet Wireless Zimbabwe over restricted access to its mobile money transfer system, unstructured supplementary service data, with the latter's banking unit now c...
Turkish investors will soon pour in millions of dollars through investments into key sectors of the economy as they seize opportunities under the Zimbabwe Agenda for Sustainable Socio-Economic Transfo...
Low capacity utilisation in the manufacturing sector and lack of consumer education are hindering the push to promote the consumption and use of locally produced products under the banner of Buy Zimba...
Zimbabwe has reportedly lost over $12 billion over the last three decades from illicit financial flows by powerful and unscrupulous international companies, agencies or individuals, Sunday Business ha...
The 55th edition of the Zimbabwe International Trade Fair to be held from 22-26 April 2014 has attracted an improved interest from foreign nations as compared to last`s conference, said Bhekithemba Nk...
ZSE's Industrials opened the new month of March in the positive as blue chips Delta and Econet continued to recover from last week's losses while Minings retreated on losses in RioZim in sluggish Mond...
The Zimbabwe Stock Exchange listed firm AICO Africa Lt has rebranded to Cottco Holdings Ltd with effect from today.The company said shareholders had approved the name change. "The Board of directors a...
Zimbabwe has been hit by severe electricity outages following a breakdown at a power plant that accounts for about half its national production, state utility ZESA said on Thursday. Homes and business...
A proposed 15 percent levy on Zimbabwe's platinum exports equated to a "punishment" that threatened the industry, the country's mining lobby said this week.In December last year the government propose...
Diversified South African construction company, Group Five, says it is targeting concessions opportunities in Zimbabwe.This was said by CEO Mike Upton while presenting the company's results for the si...