Zimbabwe's telecommunications sector registered growth in revenues for the quarter ending June 30, 2019, mainly on the back of upward tariff reviews as economic headwinds persisted. The sector, like a...
ZIMBABWE'S largest financial services group CBZ Holdings Limited recorded a 301% increase in profit-after-tax to ZWL$137,4 million in the six months ended June 30, 2019 from a comparative 2018 of ZWL$...
Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...
FORMER members of the deposed Generation 40 (G40) faction have secured positions in the opposition MDC party's Harare provincial executive. G40 is a Zanu-PF faction that worked tirelessly to secure fo...
STANDARD Chartered Bank Zimbabwe (Stanchart) has posted a 38% increase in profit-after-tax to US$18,36 million in the full year ended December 31, 2018, driven by the bank's digitisation strategy.The ...
Zimbabwe's postal and telecommunications sector registered a 9,2 percent revenue growth in the third quarter to September, 2018 on the back on increased usage of data and internet. In its Postal Telec...
THE microfinance credit-only sector has posted a strong financial performance for the first nine months of the year despite operating under a challenging environment, according to Zimbabwe Association...
Speculation is rife between the MDC led by Thokozani Khupe that its leader could be earmarked for a diplomatic posting in President Emmerson Mnangagwa's government. This follows claims on social media...
AGRIBANK has recorded a profit of $2,9 million in the first five months of the year to May 31, 2018, a move that thrusts the agriculture financing institution on a path to more profits by year end.The...
GOVERNMENT is set to establish three new ports of entry along the Zimbabwe-Mozambique border to facilitate the smooth flow of goods and people between the two countries. The initiative is part of the ...
OPPOSITION Alliance for People's Agenda (APA) presidential candidate Nkosana Moyo has pledged a governance paradigm shift, where prospective Cabinet ministers would have to apply and be considered on ...
RAINBOW Tourism Group Limited has posted a 16 percent growth in revenue to $11,1 million from $9,6 million in the first five months of 2018, spurred by notable recovery in operations following a succe...
ZANU-PF is proposing that holders of senior party positions must not be appointed as ministers so that they can monitor the implementation of Government policies and programmes.President Mnangagwa hin...
INTERACTION between President Mnangagwa and opposition figures will only be a fixture of post-election Zimbabwe and not before, Secretary for Information, Media and Broadcasting Services Mr George Cha...
RETAIL giant, OK Zimbabwe Limited, has posted an impressive $16,6 million profit for the full year period ended 31 March 2018 up from $6,1 million recorded in the same period last year.Revenue grew 23...
Zimbabwe's largest brewer Delta Corporation reported a 27 percent jump in full-year profit to $89 million on Wednesday, after strong sales of beer and soft drinks in the second half of its financial y...
Zimbabwe Stock Exchange-listed Fidelity Life Assurance tumbled to a loss of $1,3 million in 2017 against the restated profit of $6,4 million in the prior year attributed to shareholder asset write-off...
ZIMBABWE Stock Exchange listed transport and logistics company Unifreight Africa posted before tax profit of $2,1 million from continuing operations in the year to December 31, 2017. This profit repre...
THE People's Own Savings Bank (POSB) posted a profit of $11.3 million for the year ended December 31, 2017 up from $9.6 the previous year.Board chairperson, Mrs Mathilda Dzumbunu, said the posit...
STANBIC Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017 headlined by a profit after tax of $27.6 million,...
AGRIBANK has recorded a profit after tax of $7,9 million for the year to December 31, 2017, representing a 65 percent jump compared to 2016 driven by a surge in non-interest income.Non-interest income...
Several Zanu-PF heavyweights who include Cabinet ministers could fall by the wayside in the party's forthcoming blood and thunder primary elections, with the youth league cranking up the heat on senio...
THE Grain Marketing Board (GMB) posted a $209 million loss in the financial year ended December 31, 2017 due to subsidised sales to millers, an official has said.According to ZBCtv, GMB general manage...
ZIMBABWE recorded a $185 million trade surplus against its major trading partner, South Africa, after exporting goods worth $2,182 billion to the neighbouring country in the 11 months to November 2017...
THE Zimbabwe Revenue Authority (Zimra) has introduced an electronic Temporary Import Permit (E-TIP) to accelerate clearing of motorists arriving for the festive season with close to 100 officers set ...