THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will conduct another diamond auction before the end of the year targeting to sell between 400 000 and 500 000 carats. A fortnight ago, MMC...
By Staff reporter | Published: 27 September 2019
The national airline has written to treasury to grant them permission to auction some of its old airplanes so that they can at least salvage something from the fleet which is lying idle.The US$380 mil...
By Staff reporter | Published: 11 June 2019
Auction companies are booming in Zimbabwe as companies and individuals – including Tongaat Hulett CEO Sydney Mutsambiwa and Mzi Khumalo's Metallon Corporation – default on loan payments or other f...
By Fin24.com | Published: 03 December 2018
Courtney Hotel is set to go under the hammer after it lost a case against its employees at the High Court.In a notice, Stothill Properties, notified the public that the Sheriff of the High Court had i...
By Staff reporter | Published: 21 November 2018
Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be conducted thi...
By Staff reporter | Published: 10 September 2018
ZIMBABWE's annual premier breeding livestock auction, National Bull Sale, saw the price for the most expensive beast in the bulls category vault 195 percent to $24 000 up from the $8 400 recorded at l...
By Staff reporter | Published: 26 July 2018
Former president Robert Mugabe's son, Chatunga, is set to lose property after failing to pay rentals for his butchery in Chitungwiza. A writ of execution has since been issued for the attachment....
By Staff reporter | Published: 29 June 2018
The Zimbabwe Revenue Authority (Zimra) is set to auction confiscated goods and those seized for flouting various customs regulations, with the proceeds set to go towards the fiscus.This comes after th...
By Staff reporter | Published: 19 June 2018
THE Tobacco Industry and Marketing Board has stepped in to stamp its authority by shutting down Agritrade Leaf Tobacco (ALT) operations in Rusape following allegations of corruption, duping and ill-tr...
By Staff reporter | Published: 04 May 2018
MANUFACTURING industries are pinning their hopes on the opening of tobacco auctions next week to increase foreign currency earnings for the country which will assist them in procuring key raw material...
By Staff reporter | Published: 15 March 2018
THE 2018 tobacco selling season is set to begin on March 21 with all the three tobacco auction floors that operated last year having been licenced.The opening of the crop's marketing season comes as a...
By Staff reporter | Published: 06 March 2018
ZIMBABWE conducted a diamond auction sale this month, as production of the precious stones gradually recovers after slumping to an all-time low of less than two million carats from peak levels of 12 m...
By Staff reporter | Published: 23 February 2018
THE Bulawayo City Council (BCC) has abandoned its confrontational approach towards recovering over $170 million owed by residents, in favour of a conciliatory approach where payment plans are made.BCC...
By Staff reporter | Published: 09 January 2018
SEVERAL tobacco companies have expressed interest in setting up buying facilities outside Harare as authorities seek to decongest the existing auction floors.Tobacco Industry and Marketing Board chief...
By Staff reporter | Published: 31 August 2017
The Morgan Tsvangirai-led MDC property recently attached over a $108 000 debt owed to the party's former employee - Sally Dura - is set to be auctioned on Friday.Dura, along with 15 other ex-MDC staff...
By Staff reporter | Published: 15 August 2017
Tetrad Investment Bank's movable property face the hammer after the Deputy Sheriff attached its assets to recover nearly $500 000 which Bindura University of Science and Education had invested with th...
By Staff reporter | Published: 23 April 2014
Zimbabwe should consider auctioning its diamonds in the country to reduce costs that it incurs through logistical arrangements to sell the gems in Antwerp, Belgium, an expert said on Friday.Sale of Ma...
By New Ziana | Published: 10 March 2014
Zimbabwe has auctioned tobacco worth $16 million since the opening of the 2014 selling season mid-February.The figure, according to statistics from Tobacco Industry and Marketing Board (Timb), is up f...
By Staff reporter | Published: 05 March 2014
Distressed hygiene and health products maker, Reckitt Benckiser Zimbabwe (RB), is auctioning its plant and equipment, signalling a total collapse of the company.The assets are set to go under the hamm...
By Staff reporter | Published: 05 March 2014
Tobacco auction floors in Karoi opened for trading on Monday, two weeks after the opening of the national selling season, with about 800 bales going under the hammer for prices generally welcomed by f...
By Staff reporter | Published: 27 February 2014
Zimbabwe has auctioned tobacco worth $1.1 million since the opening of the 2014 selling season last Wednesday. Around 517 762kg of the golden leaf went under the hammer at three licensed auction...
By Staff reporter | Published: 26 February 2014
The three auction floors licensed to sell tobacco this year have almost completed preparations for the marketing season which starts on February 19. The Tobacco Industry Marketing Board has licenced B...
By New Ziana | Published: 28 January 2014
An increasing number of companies and individuals are losing real estate they pledged to banks and financial institutions as collateral for loans as the liquidity crunch continues as evidenced by auct...
By Staff reporter | Published: 06 December 2013
Zimbabwe plans to sell at least half a million diamond carats worth approximately $37 million in Antwerp this week.Francis Gudyanga, the Mines ministry's permanent secretary, yesterday said preparatio...
By Staff reporter | Published: 03 December 2013
Local agro start-up company, Remote Livestock Marketing System has done transactions worth US$3 million this year through its online livestock marketing platform, a company official has said. The comp...
By Business Reporter | Published: 13 November 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
