THE National Railways of Zimbabwe (NRZ) is set to improve its monthly revenues by $1.1 million on the back of newly acquired equipment from South Africa under an interim arrangement with the parastata...
By Staff reporter | Published: 22 February 2018
The Labour Court has ordered TM Supermarket to pay two line managers, who were fired in 2016 over $1 100 as a pro rata commission for 10 months, which the parties had agreed before the two were dismis...
By Staff reporter | Published: 22 February 2018
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is building a $7,5 million sub-station to meet Beitbridge high's demand for power and about 25 000 residents are expected to bene...
By Staff reporter | Published: 22 February 2018
ANGLO-AMERICAN Platinum's local unit Unki mine produced a record 165,900 platinum group mineral ounces in 2017, an increase of two percent from 162,000oz last year.The world's largest platinum produce...
By the source | Published: 22 February 2018
The country's manufacturing sector is crying for cheap funds for re-tooling to improve performance and production of quality goods, with little success.A number of companies in Zimbabwe, and Bulawayo ...
By Staff reporter | Published: 21 February 2018
ZIMBABWE has set a target of at least 2, 8 million foreign tourist arrivals by December compared to about 2, 4 million in 2017.Speaking during a provincial tourism stakeholders meeting held at the loc...
By Staff reporter | Published: 21 February 2018
ZIMBABWE'S gold deliveries rose by 56.4 percent to 2 558.9 kilogrammes last month compared to 1 636.5 kg during the same period last year, official figures show.Last year, small-scale gold producers a...
By Staff reporter | Published: 21 February 2018
Zvishavane-based Sabi Gold Mine is implementing various strategies aimed at clearing its $27 million debt, which has accumulated since 2014. Sabi has since returned to profitability and has started pa...
By Staff reporter | Published: 21 February 2018
PIZZA Hut, an American restaurant franchise, launched in Zimbabwe last week with plans to open two more outlets, as it joins the competitive Zimbabwean fast food sector.It opened at the Ster Kinekor m...
By Staff reporter | Published: 21 February 2018
The Chamber of Mines of Zimbabwe with support from the Mines and Mining Development ministry will next week host the Zimbabwe Mining Investment Conference to attract foreign direct investments into th...
By Staff reporter | Published: 21 February 2018
The Chamber of Mines is projecting robust growth in ferrochrome and coal output this year underlined by an improved operating environment as well as sound investments in these sectors.Being home to th...
By Staff reporter | Published: 21 February 2018
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has directed NetOne to compensate all subscribers who lost airtime on the Onefusion package over the weekend due to a faulty...
By Staff reporter | Published: 20 February 2018
Mashaba Asbestos Mine in Mashava is set to reopen after the firm managed to mobilise $14 million for recapitalisation, amid indications that more than 1 400 direct jobs will be created when operations...
By Staff reporter | Published: 20 February 2018
Quick service restaurant operator Simbisa Brands' decision to buy Dubai-based firm Food Fund will help unlock shareholder value, market experts have said. This was after Simbisa, which has restricted ...
By Staff reporter | Published: 20 February 2018
Locomotives, wagons and coaches delivered by the Diaspora Infrastructure Development Group (DIDG) to National Railways of Zimbabwe (NRZ), under a $400 million deal, are on lease while new ones are exp...
By The Herald | Published: 20 February 2018
Shabanie Mine management says the re-opening of the entity is dependent upon a successful revival of its Mandava subsidiary.There is commitment from stakeholders that Shabanie Mine which closed busine...
By Staff reporter | Published: 19 February 2018
FUEL prices have marginally increased in the country - by between 1c and 4c in the last two weeks - despite a recent drop in prices of up to 15 percent on the international market.Oil prices shot to $...
By staff reporter | Published: 19 February 2018
President Emmerson Mnangagwa will on Wednesday commission equipment leased by the National Railways of Zimbabwe (NRZ) from Transnet.The equipment, comprising 13 locomotives, 200 wagons and 34 coaches,...
By Staff reporter | Published: 19 February 2018
LISTED hospitality group Rainbow Tourism Group is aggressively looking for expansion opportunities on projected growth in room demand after recent political developments that have brought a new ray of...
By Staff reporter | Published: 19 February 2018
THE Zimbabwe Stock Exchange-listed quick service operator, Simbisa Brands, is seeking to acquire the United Arab Emirates-based fast food group, Foodfund.Last month, Simbisa also announced that it was...
By Staff reporter | Published: 19 February 2018
THE area planted under the tobacco crop in the 2017/18 cropping season has declined by 5.5 percent to 104 397 hectares from 110 518ha during the same period last year, official figures show.The declin...
By Staff reporter | Published: 19 February 2018
The Reserve Bank of Zimbabwe (RBZ) cannot approve or stop companies from accessing foreign currency, as it is the prerogative of banks which control 70% of the forex, the central bank's deputy governo...
By Staff reporter | Published: 19 February 2018
ZB Financial Holdings Limited is close to finalising a $20 million export facility from a regional institution aimed at supporting exporters.Speaking to NewsDay after the ZB Financial Holdings analyst...
By Staff reporter | Published: 19 February 2018
ZIMBABWE should invite the Kimberly Process (KP) to see if the country's diamond sector still meets the minimum requirements to mine and trade in the gems, a top civil society official has said.Zimbab...
By Staff reporter | Published: 19 February 2018
COMMERCIAL Farmers Union of Zimbabwe (CFU) has said that the country's new 99-year lease document is voluminous about three times the length of Zambia's equivalent, making it difficult to attract inte...
By Staff reporter | Published: 19 February 2018
Chiwenga dossier accuses Tagwirei of looting US$1.9bn 
ZEP extension faces pushback 
'Some very strange things are happening in China!' 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Zimbabwe named World's best country to visit in 2025 by Forbes 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
