The number of risers on the ZSE outnumbered fallers by 10 to 2 on Friday to help Industrials end the week and the month of February in the positive territory.The Industrials Index added 0.44 points or...
Art reported a nominal decrease of 7% in its turnover to $10.6 million in the first 4 months of its current financial year, CE Richard Zirobwa told the AGM earlier today."Our trading hasn't been too g...
THE Associated Mine Workers' Union of Zimbabwe (AMWUZ) and the Chamber of Mines have reached a deadlock in the 2014 wage negotiations after the chamber refused to award a Poverty Datum Line- linked in...
FINANCE and Economic Development Minister Patrick Chinamasa has summoned senior management of an international bank in the country to provide explanation on why the bank has drastically cut its lendin...
President Mugabe's daughter Bona and her husband Simba Chikore, who tied the knot at The First Family's plush and expensively-built Borrowdale Brooke home on Saturday, received a fortune that could ru...
President Mugabe's neighbours had a hell of a day yesterday being subjected to rigorous searches by gun-toting security details as First Daughter Bona, tied the knot to Simba Chikore at a splendorous ...
Bulawayo High Court judge Justice Nokuthula Moyo has ordered Star Lotto Zimbabwe Pvt Ltd to pay Kumbirai Ruguva his August 14, 2013 rich pickings of $306 000 after more than 6 months of legal wrangli...
Government is probing Air Zimbabwe's leasing of an Embraer 50-seat plane, amid fears the embattled airline has lost millions of dollars through a huge fixed monthly rental for the jet.Impeccable sourc...
The Reserve Bank of Zimbabwe has barred mobile money agents from entering into exclusive agreements with individual mobile cash payment system operators, saying the move was meant to curb monopolies i...
FBC Holdings Ltd boss John Mushayavanhu says he bought a 51% equity stake in Zuva Petroleum through a 15-year $29,325 million off-shore loan from Glencore, businessdigest can reveal.In an interview th...
THE seizure of Interfresh Holdings Ltd's Mazoe citrus estate, the group's prime land asset, by President Robert Mugabe's wife Grace has blocked external lines of credit to the firm as it emerged tradi...
Government has directed the ministry of Transport and Infrastructural Development to take over the construction of the 15km stretch of road between the city centre and the Harare International Airport...
The National Railways of Zimbabwe plans to set up two manufacturing plants in Bulawayo at a combined cost of $14 million to revive its comatose operations laid low by debt, undercapitalisation and mis...
The African Development Bank (AfDB) is set to strengthen its foothold in Zimbabwe by constructing its offices in the country.The regional financier's Zimbabwe Field Office, which is currently housed ...
AfriAsia Zimbabwe Holdings posted a profit of $174 862 for the half year ended 31 December 2013. This was a 91 percent decline from the prior comparable profit of $1,9 million.The figures in the stat...
Profits of Impala Platinum Holdings-owned Zimplats jumped 237% to R246m for the interim period to February 2014.As a result, Zimplats contributed 28.6% to Impala’s total profits.Impala CEO Terence ...
ZSE's Minings advanced to record 4th consecutive rise on Thursday buoyed by a 43% rise in coal miner Hwange while the mainstream Industrials ended little changed in modest gains.The Minings Index ad...
Mashonaland Holdings' 4 months to January 2014 revenue declined by 4% to $2.5 million, CE Manfred Mahari told the AGM earlier today.However, he said this was 9% ahead of financial plan of $2.3 millio...
CBZ Holdings recorded write off totalling $32 million for the year ended 31 December 2013 as the firm continues to mobilise long term funding, CEO John Mangudya told an analyst briefing yesterday.The...
In this week's newsletter we look at Colin Browne's book How to Build a Happy Sandpit. Colin draws an analogy between employees and children in a sandpit. If you have a group of children who play well...
Zimplats Holdings grew its revenue by 51% to $267 million from the same period last year due to a 62% increase in platinum sales volume from 70 225 ounces to 113 876 ounces. The impact of the increase...
A war of words between President Mugabe and opposition leader Morgan Tsvangirai escalated yesterday, sparking fears of rising tensions as the opposition dusts up poll rigging and violence allegations ...
Public Service minister Nicholas Goche yesterday admitted before Parliament that management at the National Social Security Authority had made some imprudent investments using public funds. Goche made...
ROAD MOTOR SERVICES (RMS) has failed to pay its workforce their salaries for the past four months as it emerges the company continues to battle a tight liquidity crunch blamed on the prevailing harsh ...
The government will offload 49% of its holdings in the Agricultural Development Bank of Zimbabwe (Agribank) by year-end through privatisation to recapitalise the institution which urgently requires a ...