Government may not take over the debts of State-owned entities such as Air Zimbabwe and Zisco, touted as critical to make them more attractive to investors, after Finance and Economic Development Mini...
By Staff reporter | Published: 27 June 2019
A PRIVATE company, Tatipano Properties, which has been linked to former Information Communication Technology minister Supa Mandiwanzira, has been taken to court for allegedly using fraudulent document...
By Staff reporter | Published: 17 September 2018
THE battle for the ownership and control of supermarket chain Choppies Zimbabwe - on paper owned 51% by Nanavac Investments run by former vice-president Phelekezela Mphoko's family and 49% by Botswana...
By Staff reporter | Published: 06 July 2018
People's Rainbow Coalition (PRC) candidates have expressed confidence of turning Bulawayo into their stronghold, taking over from the MDC-T that has been in control of the city since 2000.Bulawayo has...
By Staff reporter | Published: 06 July 2018
Cotton Company of Zimbabwe (Cottco) managing director Mr Pious Manamike has scoffed at Surface Wilmar's proposal to take over 50 percent shareholding in the company, saying the partnership will not ad...
By Staff reporter | Published: 30 May 2018
National Assembly Speaker Jacob Mudenda has said the new company law currently being formulated will remove bottlenecks to mergers and takeovers.Speaking at the CEO Africa Roundtable breakfast meeting...
By Staff reporter | Published: 18 May 2018
GOVERNMENT, which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investors interested in the telecommunications company, but instead buy off the minorit...
By Staff reporter | Published: 12 May 2018
Government which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investigators interested in the telecommunications company, but instead, buy off the min...
By Staff reporter | Published: 11 May 2018
THE new political dispensation has excited the diaspora community which has expressed interest in working with the President Emmerson Mnangagwa-led Government in turning around the economy.The Zimbabw...
By Staff reporter | Published: 29 November 2017
ONE of the major creditors to Gweru-based glassmaker, Zimbabwe Glass Industries (Zimglass), has turned down a proposed offer to take over the company.Zimglass, a subsidiary of Industrial Development C...
By Staff reporter | Published: 15 October 2017
Indian firm Dewei Investments PG Industries take-over is set to be completed this month after the deal received the requisite regulatory approvals.Dewei Investments last year entered into an agreement...
By Staff reporter | Published: 03 October 2017
The High Court yesterday nullified transactions made by three former RFHL directors after they were fired in 2012 effectively reversing the NSSA's controversial acquisition of the financial institutio...
By Staff reporter | Published: 21 September 2017
GOVERNMENT is finalising the process to take over the $334 million Air Zimbabwe debt paving way for the national airline to court new investors, a Cabinet Minister has said.In July, Cabinet approved t...
By Staff reporter | Published: 14 September 2017
Chinese company Rich Pro Investments Limited (RPI) has extended the deadline of its takeover offer for Asa Resource Group Plc as it continues talks with the mining group's administrators.RPI, an inves...
By Staff reporter | Published: 14 September 2017
Government is finalising an offer to buy Empowerment Corporation's 40 percent stake in Telecel Zimbabwe, sources familiar with developments have said."It is now clear that the Government wants to buy ...
By Staff reporter | Published: 10 September 2017
FIRST Mutual shareholders have approved directors' proposals to the entire issued share capital of Zimbabwe's biggest short term insurer, NicozDiamond.FML will now acquire from its anchor Shareholder,...
By Staff reporter | Published: 04 September 2017
African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality...
By Staff reporter | Published: 07 June 2015
Jersey-listed Masawara Plc (Masawara) has fully-acquired TA Holdings Limited (TA) after minority shareholders yesterday accepted the investment company's $0,25 share buyout offer price, businessdaily ...
By Staff reporter | Published: 07 June 2015
Chemco minority shareholders approved the proposal for TSL to take full control of the agro chemicals business during an EGM held this morning.The shareholders passed all the resolutions namely; incre...
By Staff reporter | Published: 13 March 2014
ABC HOLDINGS has secured regulatory approval for its mandatory offer to minority shareholders with the board set to recommend whether the minorities should accept controlling shareholder African Devel...
By Business Reporter | Published: 22 November 2013
African Development Corporation announced that the management and the Supervisory Board resolved to engage in pooling agreements with aligned investors in ABC Holdings Limited, Botswana (BancABC) and...
By Business reporter | Published: 10 June 2013
Central bank chief on Wednesday denied there were plans for a government takeover of the local operations of London-based Standard Chartered Bank, putting the central bank at odds with a powerful n...
By Sapa-dpa | 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
