ECONET WIRELSS yesterday announced that its board of directors had approved a 10 for one split of the company's shares to make the stock affordable to small investors.At yesterday's closing price of...
By Business reporter | Published: 10 June 2013
The governor of the Reserve Bank of Zimbabwe, Gideon Gono, has warned that the country's overreliance on imports from South Africa could undermine Zimbabwe's economic recovery prospects.South Afric...
By Staff reporter | Published: 10 June 2013
ZSE's Industrials fell for the first time in 5 weeks on profit taking in heavly capitalised counters snapping its best rally since dollarisation.There were only 4 counters to trade lower but Econet'...
By Business reporter | Published: 10 June 2013
TRUMBELT Computers Limited has filed fresh charges against Telecel Zimbabwe over its mobile quiz promotion, Win Big Promo, for copyright infringement on the promotion concept.The fresh legal suit s...
By Staff reporter | Published: 10 June 2013
Diamantaires in world's biggest diamond cutting and polishing centre in Surat are looking at Zimbabwe for the required supplies of rough diamonds during the year as diamond production of mining comp...
By Melvyn Reggie Thomas, TNN | Published: 10 June 2013
The Consumer Council of Zimbabwe says the average monthly basket for a family of six marginally decreased from the December 2012 figure of $572 to $567.90 for the month of January.The low-income urb...
By Business reporter | Published: 10 June 2013
ZSE's Industrials upbeat momentum built up since' January 3 slowed on Tuesday with most heavyweight counters trading unchanged from previous levels but volumes improved as daily total market turnove...
By Business reporter | Published: 10 June 2013
Unilever Zimbabwe will resume exports in the region by the end of the year after being forced to abandon exports in the 1990s due to an economic crisis.Founded in 1943, the company is a subsidiary o...
By Staff reporter | Published: 10 June 2013
Zimbabwe's state-run Deposit Protection Corporation needed $135 million (R1.2 billion) to meet its capitalisation requirements and pay depositors who lost money during the nation's decade-long reces...
By Bloomberg | Published: 10 June 2013
Econet and Innscor shares advanced to new highs on Monday to sustain Industrials' extended rising streak and managed to cancel out losses in heavyweight Delta.The Industrials Index advanced 2.53 poi...
By Business reporter | Published: 10 June 2013
LOCAL commercial banks have ganged up on EcoCash and other mobile money service providers by arm twisting the Reserve Bank of Zimbabwe (RBZ) to announce measures that compel telephone companies to...
By Staff reporter | Published: 10 June 2013
Chemco reported a dismal FY2012 performance as overall group revenue from continuing operations fell by 47% from $6.6 million to $3.5 million. The group recorded a loss after taxation of $1.1 millio...
By Business reporter | Published: 10 June 2013
THE Reserve Bank of Zimbabwe (RBZ) has urged retailers and the public to be wary of fake United States dollars and South African rand notes circulating in major cities, including Bulawayo.In his mo...
By Business Reporter | Published: 10 June 2013
EQUITIES firm IH Securities has projected that the Zimbabwe Stock Exchange market capitalisation will register a 17 percent growth to US$5,7 billion this year, amid expectations that the post-electi...
By Business Reporter | Published: 10 June 2013
AT least 10 small scale businesspeople have been left stranded after the Bulawayo City Council declared a building they were operating from, a health hazard and closed it.Betsi Gordon Building at th...
By Business Reporter | Published: 10 June 2013
Emirates, one of the world's fastest growing international airlines, today welcomed the introduction of a Boeing 777-300ER on its Dubai-Lusaka-Harare daily service.Civil Aviation Authority of Zimba...
By Mafu Sithabile | Published: 10 June 2013
The Zimbabwe Stock Exchange (ZSE) was one of the best performing bourses in the world, at least in the month of January 2013, preliminary figures have shown.The ZSE's main industrials index has adde...
By Staff reporter | Published: 10 June 2013
Innscor shares hit $1 for the first time to close at tOO.OIc as the Industrials surged past the 180-point barrier for the first time since dollarisation in 2009.Innscor advanced a massive 9.50c to i...
By Business reporter | Published: 10 June 2013
Zimbabwe's central bank chief who has previously warned government against the seizure of foreign banks on Thursday appeared to make an about-turn, but cautioned the process must be orderly."All ba...
By Sapa-AFP | Published: 10 June 2013
The Reserve Bank of Zimbabwe governor Gideon Gono has said 14 out of 22 banks had met the first level of minimum requirements by December 31 last year. 5 other banks had made "significant" progress ...
By Business reporter | Published: 10 June 2013
BANK charges will soon be reduced substantially following negotiations between the banking sector and the Reserve Bank of Zimbabwe amid concerns that the current level of charges was against intern...
By Staff reporter | Published: 10 June 2013
ZSE shares capped the first month of 2013 in best performance ever since doliarisation in 2009 as blue chips continued to explore new highs while foreign investor's interest in emerging African mark...
By Business reporter | Published: 10 June 2013
Astra is planning to introduce new products in the next 6 to 8 weeks in an effort to regain the company's lost market share, MD Mac Mazimbe told the AGM this afternoon. "We are planning on spen...
By Business reporter | Published: 10 June 2013
TSL Limited is planning to broaden its logistics business as they have an ambition to operate regionally, as stated by the group's chief executive officer Washington Matsaira at an analyst briefing ...
By Business reporter | Published: 10 June 2013
THE Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has postponed the announcement of the monetary policy to today.Gono was expected to have delivered the policy statement yesterday.The policy s...
By Staff reporter | Published: 10 June 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
