David Whitehead is in serious negotiations with two unnamed investors seeking to inject fresh capital and revive the struggling textile firm, sources familiar with the talks have revealed. The company...
By Staff reporter | Published: 19 December 2018
Premier African Minerals says it has converted a $300 000 loan availed by chief executive George Roach into equity. Last week, the company's board agreed to amend terms of the existing loan agreement ...
By Staff reporter | Published: 22 November 2018
Medical Air Rescue Services (Mars) Zimbabwe (Private) Limited is scouting for an equity partner to take up 60 percent of its shares.The air and road rescue service was placed under voluntary judicial ...
By Staff reporter | Published: 14 September 2018
THE Zimbabwe Asset Management Company (ZAMCO) - a Reserve Bank of Zimbabwe debt assumption vehicle - has said it will not hold equity for long periods in companies it assumed shareholding through deb...
By Staff reporter | Published: 05 July 2018
ZIMBABWE's tobacco output is poised for a record outturn, with produce that has so far gone through the sales floors reaching 73 percent of target, an advisory firm has said.Equity Axis, one of the co...
By Staff reporter | Published: 07 June 2018
FINANCE minister Patrick Chinamasa says the government is now pursuing a new model on investment that prioritises equity over international loans, which have seen the country's external debt souring t...
By Staff reporter | Published: 06 June 2018
OLD Mutual Private Equity (OMPE) has announced it acquired a 50% interest in South African healthcare firm Medhold Group Proprietary Limited (Medhold) for a yet undisclosed amount, pending approval by...
By Staff reporter | Published: 28 May 2018
Sugar producer Starafricacorporation has converted more than $46 million of the company's balance sheet. This was after creditors saw it fit to convert their debt into ordinary shares in the strugglin...
By Staff reporter | Published: 20 April 2018
STANBIC Bank Zimbabwe is offering 50 percent home equity loans that allow home owners to move from one level of financial freedom to another.This comes as financial institutions are creating financing...
By Staff reporter | Published: 29 March 2018
SOUTH African civil engineering firm, Terracotta, will be launching a broad-based retail equity scheme, which allows Bulawayo residents to acquire a maximum of 30% shareholding in the Egodini project....
By Staff reporter | Published: 27 March 2018
The duel between Jayesh Shah's Al Shams Global and Equity Properties has taken a new twist, with a client expressing interest to make a joinder application in favour of the property concern.Under HC10...
By Staff reporter | Published: 19 March 2018
Lehumo Investments, a Brokerage Company based in Sandton is looking for a bright, intelligent, and reliable Currency & Equity Derivatives Trader. The successful candidate will display a typi...
By Lehumo Investments | Published: 16 March 2018
Equity Properties has roped in the Reserve Bank of Zimbabwe (RBZ) to mediate in its dispute with a company owned by Indian business tycoon Jayesh Shah, which is holding onto a title deed to an upmark...
By Staff reporter | Published: 01 December 2017
THE judicial manager of troubled Bulawayo-based textiles firm, Merlin (Pvt) Limited, will this week present a report to creditors in which he is proposing the conversion of debt into equity.The move i...
By Staff reporter | Published: 19 October 2017
THE National Social Security Authority (NSSA) says its $18 million investment deal to revive Cold Storage Company (CSC) was on course, with positive engagements underway that will culminate in the eve...
By Staff reporter | Published: 19 October 2017
First Mutual Holdings Limited says the completion of the disposal of its 19,95 percent shareholding in Rainbow Tourism Group (RTG) to the National Social Security Authority (NSSA) will help the insura...
By Staff reporter | Published: 02 October 2017
The pull of dividend income has become a very powerful one and there is no sign of any decline in its popularity. In this short guide, we explore why companies that pay dividends are in such demand, w...
By CNN | Published: 05 September 2017
Lehumo Investments, a derivatives brokerage firm based in Sandton is looking for a bright, intelligent, and reliable Currency & Equity Derivatives Trader. The successful candidate will disp...
By Vacancy | Published: 03 August 2017
THE value of Treasury Bills (TBs) has outstripped bank equity capital by 1,7 times, a new report indicated this week, raising questions over the financial sector's ability to continue absorbing the pa...
By Staff reporter | Published: 20 July 2017
Struggling PG Industries Zimbabwe Limited (PG) plans to convert a total $7,1 million debentures into equity.The group said the conversion, at a price of $0,001, will include accrued and unpaid interes...
By Staff reporter | Published: 07 June 2015
The equity market was back in the red today dipping 0,13 percent despite six counters trading in the positive and only one trading in the negative.The Industrial index lost 0.25 points to close at 185...
By Staff reporter | Published: 23 July 2014
SEED CO will receive the last tranche of capital amounting to $28 million from its US technical partner Limagrain before end of year under an equity deal valued at $40 million.The funding is expected ...
By Staff reporter | Published: 30 June 2014
ZSE-listed agro-industrial concern Chemco's shareholders have approved a debt-to-equity swap with parent company TSL Holdings.In a notice to shareholders today, the company said TSL will compulsorily ...
By Staff reporter | Published: 14 April 2014
Listed Chemco Holdings limited plans to convert a debt owed to TSL into equity. Consequently, TSL - owed around $2 million - will increase its shareholding to 81.64% in the agro-focused group. Chemco ...
By Staff reporter | Published: 21 February 2014
KINGDOM Bank founder and entrepreneur, Mr Nigel Chanakira, has set his sights on venturing into private equity following his decision to sell his 33 percent stake at the commercial bank.Mr Chanakira ...
By Business Reporter | Published: 16 December 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
