Finance minister Tendai Biti has warned that 7 commercial banks exposed to local authorities may fold following Local Government minister Ignatius Chombo's directive for municipalities across the coun...
By Staff reporter | Published: 26 July 2013
Kingdom Bank founder Nigel Chanakira says he is not stepping down from the board of AfrAsia Kingdom Holdings Ltd, the holding company that controls the bank.His comments come in the wake of speculatio...
By Business reporter | Published: 26 July 2013
Zimbabwe's year on year inflation is expected to slow down to 3.9 percent from projected 5 percent, due to the weakening rand. Finance Minister Tendai Biti said this whilst presenting the Mid-Te...
By Staff reporter | Published: 25 July 2013
ZSE shares clawed back from yesterday's losses to close higher on Thursday led by gains in Econet for the mainstream Industrials and Bindura and Hwange for the resources sector.The Industrials Index g...
By Business reporter | Published: 25 July 2013
Zimbabwe's trade deficit widened to $2.37bn in the six months to June after imports of $3.92 bln and exports amounted to $1.546m.South Africa remained Zimbabwe's biggest trading partner in the six mon...
By Staff reporter | Published: 25 July 2013
Most of us are averse to change - avoiding it at all costs, hoping it will eventually go away if we avoid it for long enough. But the truth, as we all know, is that change is inevitable. This week's n...
By Regenesys | Published: 25 July 2013
BERLIN - Germany's flag carrier Lufthansa says it has no immediate plans to reintroduce flights to Harare despite renewed interest and comebacks by other major airlines in recent times, a company spok...
By Staff reporter | Published: 25 July 2013
THE resort town of Victoria Falls has recorded an upsurge of tourist arrivals ahead of the United Nations World Tourism Organisation (UNWTO) general assembly next month. The town has in the past month...
By Staff reporter | Published: 25 July 2013
National air carrier Air Zimbabwe is set to resume daily flights between Victoria Falls and Johannesburg to cater for an increase in demand on the route. In an interview yesterday, Air Zimbabwe public...
By Staff reporter | Published: 25 July 2013
An estate agent has started looking for tenants to occupy Africa House in the city centre with the imminent relocation of the National Railways of Zimbabwe from the premises. For years, the NRZ has be...
By Business Reporter | Published: 25 July 2013
FORMER Telecel Zimbabwe chief executive Mr Francis Mawindi is disputing his dismissal as CEO of the company arguing it was not justifiable contrary to the mobile phone operator's claims that he had r...
By Staff reporter | Published: 25 July 2013
The Postal and Telecommunications Regulatory Authority of Zimbabwe has launched an investigation into Econet Wireless Zimbabwe after Telecel Zimbabwe complained about alleged unfair business practice...
By Business reporter | Published: 25 July 2013
The internet usage has significantly grown in South Africa this year, already involving 14 million people, a survey said on Wednesday."The number of people with access to the web is higher than though...
By Staff reporter | Published: 25 July 2013
SAN FRANCISCO - Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second...
By Reuters | Published: 25 July 2013
JOHANNESBURG - Bruising wage negotiations between South African
goldminers and workers look to have stalled after unions declared an
official wage dispute, which could bring more trouble for beleagu...
By Sapa | Published: 25 July 2013
LONDON - Standard Chartered lagged behind a rising London market yesterday as emerging markets uncertainty led Morgan Stanley to turn cautious. The broker cut Chartered to “neutral” ahead of inter...
By FT | Published: 25 July 2013
ZSE shares fell for the second consecutive session on Wednesday after mostly subdued trades ahead of harmonised elections next week.There were only 26 counters to trade on the day with 5 closing in th...
By Business reporter | Published: 24 July 2013
Telecel Zimbabwe has issued the following statement on problems being faced with connectivity to Econet Zimbabwe:Telecel Zimbabwe would like to inform its subscribers that it is currently facing major...
By Mike Hamilton | Published: 24 July 2013
Demand for Delta Corporation Limited's lager beer was depressed due to excise duty increases which have resulted in some retailers charging higher than recommended prices to circumvent the problem of...
By Business reporter | Published: 24 July 2013
THE Mine-Entra 2013 exhibition opens today amid optimism from exhibitors that this year's event will be bigger and better.By yesterday afternoon, most of the exhibitors were busy preparing their stand...
By Business reporter | Published: 24 July 2013
Group turnover for the half year declined by 13% to $48 million compared to $55.4 million achieved in the same period in prior year. Revenue declined by 25% and 28% for Poultry and Specialised Divisio...
By CFI Holdings | Published: 24 July 2013
IF you are in any doubt as to the action you should take, please consult you stockbroker, bank manager, legal advisor, accountant or other professional advisor immediately. The purpose of this Abridge...
By CFI Holdings | Published: 24 July 2013
The six months ended 31 March 2013 continued to be very difficult mostly as a result of a depressed market.The effect was most pronounced in our formal sector commercial clients, where we are finding ...
By Powerspeed | Published: 24 July 2013
THE post-election Zanu-PF Government plans to establish another securities trading bourse known as the Harare Stock Exchange with a separate platform for exclusive participation by indigenous investor...
By Business reporter | Published: 24 July 2013
Shareholders are advised that the name of Africa First ReNassaince Corporation Limited (AFRE) has been changed to First Mutual Holdings Limited (FMHL). The listing on the ZSE was amended with effect f...
By Business reporter | Published: 24 July 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
