BRITISH Airways Comair is committed itself to servicing the Victoria Falls/Johannesburg and will introduce larger aircraft once expansion of the resort town's airport runway is completed, an official ...
Business ReporterMwana Africa Plc has raised $2,8 million through a subscription and placing of shares, taken up by existing and new shareholders, to accelerate development of its mining projects.The ...
RETAIL giant OK Zimbabwe has issued a total of 15 143 314 ordinary shares valued at $3,5 million to beneficiaries of its share option scheme. This will increase the number of OK ordinary shares ...
ZSE's Industrials scratched out modest gains on Tuesday as President Mugabe was due to officially open the Parliament to effectively set the legislative agenda for the First Session of the 8th Parlia...
Tracy Mpofu, Econet Wireless non-executive director who chaired the AGM held on 17 September 2013 said Econet has not been paying a dividend due to a number of commitments which put pressure on cash ...
Econet Wireless Zimbabwe Chie Executive Officer Douglas Mboweni has told banks that reluctant join EcoCash for their mobile money transfer services to invest in their own network instead of lobbying ...
The European Union has agreed to lift sanctions on a Zimbabwean diamond-mining firm despite concerns over alleged fraud in a July election that kept President Robert Mugabe in power, the EU said on Tu...
Zimbabwe will host the first International Conference on Tax in Africa of the African Tax Administration Forum (ATAF) in Victoria Falls from September 23 to September 27.The conference, which is being...
Zimbabwe National Chamber of Commerce (ZNCC) deputy president, Mr Davison Norupiri has hailed the cordial business relations that exist between Mauritius and Zimbabwe and urged the local business comm...
The country has so far exported 72,4 million kg of virginia tobacco worth $349 million.The tobacco was sold at an average price of $4,82 per kilogramme representing a 17 percent increase from volumes ...
President Mugabe today officially opened the first session of the 8th Parliament during which he set the legislative agenda for this session.The President said there was need to come up with new legis...
The Industrial Index posted a 3.6% gain during the week under review compared to largely indifferent trading in the prior week. Firm bids were recorded in the banking and insurance sectors where FBCH ...
UK inflation measured by the consumer prices index (CPI) fell to 2.7% in the year to August, from 2.8% in July.It means prices are still rising faster than wages, which rose by 1.0% on average over th...
Individual South Africans have committed more than R25 million to retail investment in sub-Saharan Africa, says Illovo-based Imara S.P. Reid Stockbrokers, believed to be the first firm to create an in...
Safeguard Engineering has introduced a revolutionary new automated safe that counts cash in any denominations, deposits the money into a removable bag locked securely inside it and issues a receipt fo...
Aquarius Platinum has cut its chief executive Jean Nel's salary by 30% and imposed a 10% slash of directors' fees as part of measures to contain "cash corporate costs". The platinum group metals produ...
Hippo Valley Estates Limited (Hippo Valley) says it is targeting to export more than 217 000 tonnes of sugar to the European Union (EU), as a way of boosting the company's earnings. Last year, the su...
MTN South Africa on Monday issued an ambiguous statement saying it was cutting the cost of international telephone calls to "as little as 75c/minute" to a number of markets across Africa, including Zi...
NATIONAL airline Air Zimbabwe has appointed corporate quality, safety and security head Edmund Makona as the new acting chief executive officer, taking over from Innocent Mavhunga who had also been in...
PIONEER Africa Corporation has submitted an updated compliance proposal of its indigenisation plan and is now waiting for Government's response.Group chief executive officer of Pioneer Corporation Mr ...
CABS is set to review upwards loans availed to players in the Small to Medium Enterprises sector from $50 000, an official has said.Addressing local businesspeople attending a ZimTrade business traini...
Zimbabwe has lost a cumulative $12 billion in the last 3 decades through illegal financial outflows ranging from secret financial deals, tax avoidance and illegal commercial activities, a new report j...
Zimbabwe wants locals to exclusively benefit from Masawara Plc's $39 million purchase of a stake in BP and Shell Marketing Services and may tear up the current financial arrangement if it fails to rea...
ZIMBABWE'S second largest mobile phone operator by subscription Telecel Zimbabwe has switched off nearly 100 000 lines after the country's telecoms regulator issued a directive ordering players to dis...
There were just 3 counters to trade in the red on Monday but weak trades in Econet managed to cancel out gains in 7 other counters that traded in the positive territory including Delta.Daily volumes w...