The African Marketing Confederation, a pan-African umbrella body established to represent the continent's various marketing bodies, associations and organisations, has launched a quarterly magazine wi...
The Bankers Association of Zimbabwe has said the falling prices of major mineral commodities on the international market were going to worsen the liquidity challenges prevailing in the country. Speaki...
Air Zimbabwe is set to resume flights to London in November this year, nearly two years after the national carrier stopped flights owing to viability problems. The airline stopped flights to London in...
The price of fuel has gone up with petrol selling at $1,70 per litre and diesel at $1,50 in a move that could result in a spiral of price increases of basic commodities. The increase, which coincided ...
Zimbabwe's largest platinum miner, Zimplats, has recorded a 66% decline in operating profit to $22.5 million in the second quarter ended June 31, 2013 due to a drop in sales and a decrease in metal pr...
ZIMPLATS, the country's largest platinum miner, has spent about US$50 million in three months to June this year on procurement of goods from local firms, the company has said. This was 16 percent high...
The Zimbabwe Stock Exchange industrial index registered a 9,75 percent gain last month, as heavyweight stocks Delta, Econet and Innscor strengthened.Delta registered 7,14 percent, Econet surged ...
ZSE's Industrials continued to rise to record levels on Thursday in a rather quiet post election trading session where only 4 counters managed gains while only one ended in the red out of the 22 count...
At least 50% of land in Sub-Saharan Africa should be registered as a means of enhancing land–related investments and productivity, the World Bank has said. In its report titled Securing Africa's Lan...
RBZ governor Gideon Gono says the country is in desperate need of a clear Presidential winner following yesterday's harmonised elections to usher in a stable macro–economic environment.In a statemen...
Hwange Colliery's bid to bar its business partner, a Chinese-owned firm, Hwange Coal Gasification Company, from selling coal stocks and coking oven battery hit a snag recently after High Court judge J...
Mining investor Nandlal Goenka has injected millions into the Zimbabwean economy amid indications that he is aiming to spend more in the extractive sector. Through his offshore companies and resources...
TOTAL banking sector loans and advances increased by 5,56 percent from $3,401 billion in January to $3,59 billion in May.According to the 2013 mid-term fiscal policy statement presented by Finance Min...
IN a move that will effectively stop motorists from driving unlicenced vehicles on the country's highways, the Zimbabwe National Road Administration (Zinara) will soon computerise all tollgates.Comput...
BINDURA Nickel Corporation warned of potential material uncertainty on its status as a going concern if it fails to obtain short-term bridging finance and execute a revised mining plan. Africa's only ...
A real estate investment trust (REIT), is generally defined as, a company that owns manage and operates income-producing real estate or real estate-based/linked assets such as mortgage loans. The REIT...
THE Postal and Telecommunications Regulatory Authority of Zimbabwe last week cancelled internet service provider Valley Technologies' operating licence for failing to meet the regulator's requirements...
THE Zimbabwe Energy Regulatory Authority will tomorrow begin the selection process for the national energy efficiency audit tender after it shortlisted 11 candidates. The audit will be carried out in ...
ZIMBABWE'S fledgling economy requires a decisive winner in Wednesday's general elections, Reserve Bank governor Gideon Gono said."The economy desperately needs a clear winner and a peaceful ending to ...
ZSE Industrials extended their gains with Minings recovering ahead of the harmonised elections tomorrow.The Industrials Index gained 0.90 or 0.39% to 232.87 points buoyed by OK Zimbabwe which advanced...
PHOE | Unaudited results for HY ended 30 Apr 13Financial Highlights:- Revenue: $ 4 688 000- Gross profit: $ 1 111 000- Operating profit: $ 102 000- Loss before income tax: $ (228 000)- Dividend: Nil- ...
BIND | Unaudited results for FY ended 31 Mar 13Financial Highlights:- Turnover: $ 1 026 083- Gross loss: $ (5 819 131)- Operating loss: $ (13 097 369)- Loss before taxation: $ (12 954 836)- Loss after...
CELS | Unaudited results for HY ended 28 Feb 13Financial Highlights:- Revenue: $ 1 015 532- Gross profit: $ 342 257- Operating loss: $ (199 678)- Dividend: Nil- Total comprehensive loss for the period...
The government says demutualisation of the Zimbabwe Stock Exchange (ZSE) has been postponed to January next year to pave way for the mobilisation of funds.The much anticipated demutualisation of the Z...
Barclays will issue £5.8bn in new shares as part of a move to plug a £12.8bn capital shortfall created by new regulatory demands.The bank will also issue £2bn of bonds that are turned into shares ...