Insurance giant Old Mutual Zimbabwe released its financial results for the half year ended 30 June 2019. The headline figure was the 671% growth in profit before tax to $509.2 million while operating ...
AXIA Corporation Limited says it sees greater opportunities going forward helped by struggling competitors as the going gets tough economically.Zimbabwe is struggling with acute cash shortages and loc...
DESPITE the tough economic environment, credit microfinance institutions (MFIs) posted $9,8 million profit in the first nine months of 2018 on the back of increased demand for micro loans by individua...
AN environmental and cultural rights lawyer has called for a proper and clear policy framework that can enable small-scale miners to operate without harming the environment while contributing to the e...
PARLIAMENT has recommended the establishment of an Environment Commission by January next year to protect the environment, including wetlands.The issue was suggested in a recent report by the Parliame...
THE iron and steel sector is negotiating with the Reserve Bank of Zimbabwe (RBZ) for a $20 million facility to source raw materials and new equipment.This comes as the sector is undercapitalised and a...
Beitbridge municipality has been cautioned against the continued expansion of residential settlements west of Dulivhadzimo, as this is threatening the town's supply dams.An environmentalist said the w...
Zimbabwe's business environment remains difficult despite an improvement in confidence and optimism, results from the Confederation of Zimbabwe Industries (CZI) Business Confidence Index show. CZI pre...
Zimbabwe's investment outlook remains gloomy with this year's harmonised elections likely to generate uncertainties, the African Development Bank (AfDB) has said.President Emmerson Mnangagwa told Stat...
GIANT cement maker PPC Zimbabwe says it has spent $2.5 million to curb high stack emissions in the last two years at its Colleen Bawn plant in line with the environmental compliance regulations.The pl...
After a string of down days, the Northern China import price of 62 percent Fe content ore bounced back on Thursday. According to data supplied by The Steel Index the steelmaking raw material jumped 5,...
THE Zimbabwe Consolidated Diamond Corporation's plan to produce two million carats (400kg) by year-end seemed to be in jeopardy after it emerged last week that the State-owned entity might have to wai...
The government has been advised to recapitalise the engineering sector and effectively utilise its broad-based skills to harness revenue for the potential growth of the industry.Lack of investment and...
Prospective South African investors have expressed concern over bureaucracy and inefficiencies in the Zimbabwean business environment.Confederation of Zimbabwe Industries (CZI) president Charles Msipa...
Tsingshan Iron and Steel Group of China is planning to establish an integrated stainless steel manufacturing plant in Zimbabwe, which will incentivise the company's involvement in infrastructure refur...
LISTED retail conglomerate Innscor Africa Limited's top line vaulted by 55,4 percent in the interim to December 2013, but the difficult operating environment and huge overheads took the gloss of...
A local economist, John Robertson said that Zanu-PF manifesto will not help the country to move forward and should create a favourable economic environment that attracts foreign direct investment. God...
The World Economic Forum (WEF) has said Zimbabwe's policy environment is one of the least supportive in the world due to restrictive laws regarding foreign direct investment and property rights.&nbs...