Mining companies in Zimbabwe paid $81.1m into the country's coffers in mineral royalty payments during the first half of 2013.Zimbabwe relies heavily on mining and agriculture to boost its struggling ...
By Business reporter | Published: 19 July 2013
ZSE's Industrials were back to record levels on Friday as gains in selected counters managed to outweigh Delta's losses amid significant volumes.Daily market turnover eased to $3,487 million on a volu...
By Business reporter | Published: 19 July 2013
OK Zimbabwe achieved revenue of $123.1 million which was a growth of 5.1% over same quarter of F13, CEO Willard Zireva told the AGM this morning. "This was slightly below our rather aggressive bu...
By Business reporter | Published: 19 July 2013
Mobile and internet based transactions have for the first time surpassed card payments after registering a 28.3% growth in the month of May as more account holders turn to the convenience of mobile ba...
By Business reporter | Published: 19 July 2013
TELECEL Zimbabwe has started regularising its lopsided shareholding, a precondition for the renewal of its expired mobile licence, after emissaries of its shareholders met Government officials t...
By Business Reporter | Published: 19 July 2013
ZIMBABWE Stock Exchange-listed agri-industrial firm Aico Africa Ltd is set to dispose of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, sources familiar with the mat...
By Business Reporter | Published: 19 July 2013
THE Confederation of Zimbabwe Industries has forecast a further decline in capacity utilisation this year, as manufacturing companies remain under pressure from tight liquidity and competition from lo...
By Business Reporter | Published: 19 July 2013
MBCA Bank has secured US$75 million from majority shareholder, Nedbank Group of South Africa, to provide lines of credit to Zimbabwean companies.MBCA managing director, Charity Jinya, last week told T...
By Business reporter | Published: 19 July 2013
Small and medium-sized enterprises (SMEs) contribute roughly 50% of SA's national gross domestic product (GDP) and employ 60% of the labour force. It is little wonder then, that entrepreneurship is f...
By Regenesys | Published: 18 July 2013
A special of 88.53 million Astra shares at 6.213c, a premium of 38.07% from the last trading price of 4.5c, pushed through by brokers Bethel Equities saw the total market turnover jumping to $7,816 mi...
By Business reporter | Published: 18 July 2013
Finance minister Tendai Biti will on Monday present the Mid-Term Fiscal policy statement after initially postponing the economic review due to campaigning ahead of the next election. Biti said that Tr...
By Staff reporter | Published: 18 July 2013
RBZ has said local banks should embrace mobile banking platforms to remain relevant as the public moves from conventional brick and mortar banking. Speaking at the Small to Medium Enterprises seminar ...
By Staff reporter | Published: 18 July 2013
Fixed telephone operator TelOne, has launched a high speed Internet connection known as Asymmetric Digital Subscriber Line (ADSL) Broadband in Masvingo. The new package is targeted at home users and o...
By Business reporter | Published: 18 July 2013
Tourism and Hospitality Industry Minister Walter Mzembi has bemoaned the impact of a stringent visa regime and regimented air system on tourism.To this end, he called for the urgent liberalisation of ...
By Business Reporters | Published: 18 July 2013
Leading luxury vehicle distributor, Zimoco has unveiled the new Mercedes Benz A-Class and E-Class premium vehicles in Zimbabwe.At a function to launch the two compact vehicles in Harare, Zimoco genera...
By Business Reporter | Published: 18 July 2013
Since the beginning of the year Telecel has shaken the market with a number of intriguing promotions that have attracted a lot of attention.While other cellphone service providers have also run their ...
By Tonderai Rutsito TechSpot | Published: 18 July 2013
Ethiopian AIRLINES has announced that it is now the strategic partner of Air Malawi after acquiring 49 percent equity in the latter.The remaining 51 percent is held by the Malawian government and Mala...
By Business Reporter | Published: 18 July 2013
The Zimbabwe Revenue Authority (Zimra) missed its revenue collection target for the second quarter of this year by six percent after its net collection amounted to US$836,9 million against a target of...
By Business Reporter | Published: 18 July 2013
Papiss Cisse has pulled out of Newcastle's pre-season tour to Portugal after refusing to wear club sponsor Wonga's logo on religious grounds.The Senegal striker, a Muslim, told club officials he was n...
By Ben Smith | Published: 17 July 2013
The Bank of England's interest rate-setting committee signalled on Wednesday that it was retreating from quantitative easing as a means of stimulating the economy, preferring a more "mixed" strategy i...
By Business reporter | Published: 17 July 2013
Kingstons Holdings Limited (Kingstons) - a stationery group 51 percent owned by the government - is reportedly on the verge of collapse with debts amounting to over $5,3 million.Since the introductio...
By Staff reporter | Published: 17 July 2013
The Africa Export and Import Bank (AfrExim Bank) plans to increase Zimbabwe's borrowing limit to $800 million for the benefit of the productive sectors.The proposed upward adjustment of Zimbabwe's bor...
By Business reporter | Published: 17 July 2013
New Dawn Mining reported consolidated gold production for the quarter ended June 30, 2013 of 9,986 ounces as compared to consolidated gold production for the quarter ended June 30, 2012 of 9,536 ounce...
By Business reporter | Published: 17 July 2013
Barberton - More than 200 unemployed youth in Mpumalanga have marched to the Fairview mine in Barberton, Mpumalanga, demanding a share of the company's wealth.A Sapa correspondent reported that the gr...
By Sapa | Published: 17 July 2013
Heavyweight counters Delta, Econet and Hippo fell on Wednesday to snap the Industrials' 10-day record making run streak as the markets protagonists were mostly selling to recoup profits.The Industrial...
By Business reporter | Published: 17 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
