Standard Chartered Bank has appointed Ivorian football legend Didier Drogba as its digital bank ambassador.Drogba will be endorsing the bank's first digital bank in Africa to be launched in Abidjan, C...
By Staff reporter | Published: 08 March 2018
Maize supply on the market has decreased due to anticipated poor harvests caused by the low rainfall experienced in the country from the start of the season up to February, the FEWSNET has reported. T...
By Staff reporter | Published: 08 March 2018
FAST-MOVING consumer goods producer, Blue Ribbon Foods, says it is planning to revive its closed bakeries, which succumbed to a deteriorating economy.More than 150 of the 250 bakeries that used to ope...
By Staff reporter | Published: 08 March 2018
Listed telecoms and tech giant Econet Wireless Zimbabwe (EWZ) has taken the lead in the use of AI (artificial intelligence) to manage its customer services support in a move set to significantly impr...
By Staff reporter | Published: 07 March 2018
NETONE has appointed Mr Nkosinathi Ncube as its Managing Director MFS, becoming the defacto preferred head of mobile financial services in Zimbabwe, after landing his third title at NetOne, which is ...
By Staff reporter | Published: 07 March 2018
State-run mobile network operator, NetOne, has appointed former Vodacom executive Lazarus Muchenje as its new chief executive with effect from April 1, 2018.He takes over from Brain Mutandiro, who ha...
By Staff reporter | Published: 07 March 2018
Fortunate Chisango has been appointed Ecobank Zimbabwe (Ecobank) chairperson.He takes over from David Whatman who stepped down after serving his term in line with the financial group’s corporate gov...
By Staff reporter | Published: 07 March 2018
Deep-pocketed pensions administrator, National Social Security Authority (Nssa), is pursuing investment opportunities in the mining sector.The statutory body - sitting on a $1,3 billion asset base - i...
By Staff reporter | Published: 07 March 2018
TWENTY-ONE players in the tourism industry recently had their passports withheld by the German embassy in Harare after the Zimbabwe Tourism Authority failed to pay $47 000 to a tourism organiser based...
By Staff reporter | Published: 07 March 2018
ZIMBABWE'S largest gold producer Metallon Gold Zimbabwe plans to grow output seven fold within the next two years to 70 000 tonnes per month after spending as much as $12 million to increase productio...
By Staff reporter | Published: 07 March 2018
Zimbabwe must offer foreign miners a consistent legal framework, the right to keep a controlling stake in operations and a greater share of profits to encourage investment, the head of Anglo American ...
By Staff reporter | Published: 07 March 2018
The Zimbabwean Government has pulled the plug on the now stillborn Zimbabwe Airways project with Minister of Transport Joram Gumbo having now decided to focus on resuscitating the moribund Air Zimbabw...
By Staff reporter | Published: 07 March 2018
ZIMPLATS reported a 30 percent increase in net profit to $21 million for the six months to December, 2017 from $16,2 million in the comparable period last year buoyed by higher prices.Revenue increase...
By The Source | Published: 06 March 2018
STATE-OWNED telecommunications company, NetOne, has recruited two top executives to run the company's operations in a move expected to stabilise the firm and increase its earnings.In a statement yeste...
By Staff reporter | Published: 06 March 2018
HWANGE Colliery Company Limited (HCCL) needs $500 million to fully recapitalise its operations and working capital of $5 million per month to maintain its status as a going concern.Briefing members of...
By Staff reporter | Published: 06 March 2018
At least $125 million is required to extend the lifespan of Murowa Diamond Mine by an additional three years, and to push output beyond one million carats per annum, an official said yesterday. Murowa...
By Staff reporter | Published: 06 March 2018
Zimbabwe's construction sector is this year projected to register a 4,5 percent growth from negative levels in the past few years on the back of revival of projects that had been stalled due to limite...
By Staff reporter | Published: 05 March 2018
TELECOMMUNICATIONS operator, Econet Wireless, has announced a dividend of $50 million for the nine months ended November 30, 2017."The company has declared a dividend of 0.93 cents per share for the t...
By Staff reporter | Published: 05 March 2018
TEXTILE giant Merlin, which is under resuscitation, has secured a contract to dye 306 tonnes of yarn from a local company.The Bulawayo-based firm, which was placed under judicial management in 2012, i...
By Staff reporter | Published: 05 March 2018
Beleaguered national flag carrier, Air Zimbabwe (AirZim), is pleading for a $190 million capital injection from its sole shareholder, government, to fund its revival.Saddled with a debt overhang of ov...
By Staff reporter | Published: 05 March 2018
MBCA Bank reported a 40 percent increase in profit after tax to $7,8 million for the year to December 31 2017 from $5,6 million recorded in 2016.The Nedbank subsidiary said the profit was achieved due...
By Staff reporter | Published: 05 March 2018
A war veterans group - Magamba Echimurenga Housing Trust (Magamba) - has dragged businessman James Makamba and nine other entities to the High Court demanding an order barring the tycoon from continui...
By Staff reporter | Published: 02 March 2018
Mining has transformed radically and makes it nonsensical not to use mechanised miningTHE positive winds blowing in Zimbabwe's mining sector since the change of guard at central government has boosted...
By Staff reporter | Published: 02 March 2018
Zimbabwe Consolidated Diamond Company (ZCDC) will spend at least US$200 million in 2018 open new mines in the eastern province of Manicaland as part of the mining groups expansion initiative, business...
By Staff reporter | Published: 02 March 2018
Competitiveness of Zimbabwe’s mining sector is under scrutiny in terms of attracting investors on the back of capital equipment gaps, access to finance, fluctuating global commodity prices and delay...
By Staff reporter | Published: 02 March 2018
Zimbabwe army warns public over fake recruitment 
Mugabe son paid shooting victim R400k, court told 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Fuel shock drives Zimbabwe inflation higher 
Zimbabwe mobile sector grows as data usage surges 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
