Canada-based New Dawn Mining Corporation plans to delist from the Toronto Stock Exchange and move its operations in the tax haven of Cayman Islands as part of on-going attempts to cut costs. The Zimba...
The government has assured existing and potential investors in the mining sector that it will continue to pursue investor friendly policies which seek to increase foreign direct investment and sustain...
Chewing gum manufacturer, Dandy Zimbabwe is working on a recapitalisation package to boost capacity from 30 percent to 60 percent by year end.Dandy Zimbabwe managing director Mr Peter Morgansen said ...
Conveyor belt manufacturer, General Beltings Holdings (GBH) said on Tuesday it failed to return to profitability despite accessing $1 million from the Distressed and Marginalised Areas Fund (Dimaf) to...
Bindura Nickel Corporation subsidiary Trojan Mine has so far produced around 1 800 tonnes of concentrate from over 253 392 tonnes of ore since it resumed production early this year, an official has sa...
Meikles Hospitality says the $8,5 million refurbishment of its hotel's north wing is now complete and guests are already being booked into the new rooms.The refurbishment drive, which started in April...
THE mining sector has grown by an astonishing 35 percent in the period 2009 to 2011 with its contribution to Gross Domestic Product rising from 4 percent to 16 percent, industry data shows.According t...
Heavyweight counters BAT and Econet managed to sustain Industrials resurgence on Wednesday while trading across the board was largely mixed..The Industrials Index gained 1.26 points or 0.65% to 196.00...
Dawn Properties' Chief Executive Justin Dowa told the AGM earlier today that revenue for the 4 months to July 2013 grew by 3% to $1.8 million with rental income remaining flat. Trading conditions...
SALES REPRESENTATIVE - BULAWAYOHay Broad Band EApplications are invited from suitably qualified and experienced persons to fill the above position that has arisen at Bulawayo Sales Lagers. The incumbe...
CIVIL servants' representatives met in Harare yesterday to come up with a position paper demanding a minimum salary of $540 a month and 30 percent of basic salary as rural allowance.In the position pa...
ZESA Holdings has intensified electricity disconnections to its customers as a way of forcing them to pay up and also to maintain the availability of electricity by ploughing money back into generatin...
Econet Wireless is undertaking a multi-million dollar expansion of its mobile money service, EcoCash, in response to its dramatic and unexpected growth since its launch in September 2011.The expansion...
Econet chief executive officer Douglas Mboweni will on Friday officially open Kwekwe's fourth premier business showcase Kwekwe Expo.Mboweni will address a business conference where he is expected to ...
The diamond industry has the potential to release a lot of fiscal pressure that the economy is experiencing which has seen capital expenditure being sacrificed to the detriment of economic growth, a l...
The Zimbabwe Banks and Allied Workers Union (ZIBAWU) has petitioned the Barclays bank to refrain from the alleged refusal to negotiate in good faith with employees on working conditions.The bank worke...
Telecel Zimbabwe has extended until the end of October its popular Mega Bonus Reloaded promotion, which was introduced in June this year and had been due to end on August 31. The Mega Bonus Reloa...
Microsoft Corporation yesterday announced the commercial launch of its latest offering, the Microsoft Office 365 in Zimbabwe. This is the newest cloud based service tailor made for all businesses of a...
State-owned mobile phone network provider NetOne said on Monday it has disconnected over 100 000 unregistered subscribers as it complies with a Postal and Telecommunications Regulatory Authority of Z...
More than 36 Indian investors have expressed an interest in investing in the country's tourism industry, an incentives analyst has said.According to the analyst Mr Glen Byrom, who was part of a delega...
At least 81 companies received awards for being tax compliant during the Zimbabwe Revenue Authority's taxpayer appreciation day held in Harare yesterday.The winners included major remitters of tax in ...
Zimbabwe national Chamber of Commerce says it will put in place initiatives and campaigns to make sure that its members provide Zimbabwe National Statistical Agency with requisite data that will enabl...
THE Zimbabwe Mining and Infrastructure Indaba opens in Harare tomorrow with the ultimate objective to further entrench the country's position as a premier destination for foreign direct investment.Acc...
There was not a single counter to trade lower on the ZSE on Tuesday as Industrials extended their recovery streak to 6th straight session in largely quarter end price ramping.The Industrials Index gai...
Zimplow Limited will tomorrow seal a $5 million line of credit from Brazil in what is expected to boost volumes at the group's tractor manufacturing division.Group chief executive Mr Zondo Kumwenda sa...