HOSPITALITY concern, Rainbow Tourism Group (RTG) has raised $22.5 million through a rights offer and linked debentures to restructure its balance sheet and raise working capital.In January, RTG shareh...
By Staff reporter | Published: 28 February 2018
AILING Hwange Colliery Company Limited (HCCL) says the rebuilding of its coke oven battery and coke oven gas plant is at the heart of the entity's turnaround efforts.Saddled with a huge debt burden to...
By Staff reporter | Published: 28 February 2018
ZIMBABWE largest telecommunications company, Econet Wireless, says it has paid $1.3 billion to Government in taxes since 2009 and created over 60 000 jobs directly and indirectly in the economy throug...
By Staff reporter | Published: 28 February 2018
MOBILE telecommunications giant NetOne has realigned its most prominent brand, One Fusion, once again to increase service provision and address complaints raised by customers in recent months.The real...
By Staff reporter | Published: 28 February 2018
ZIMBABWE'S mining sector has the capacity to generate $18 billion per annum from its total 800 mines, according to a mining consultancy firm.In a brief at the two day Zimbabwe Mining Investment Confer...
By Staff reporter | Published: 28 February 2018
The Grain Marketing Board (GMB) will soon have two separate entities, with one dealing with the maintenance of the Strategic Grain Reserve, while the other will become a fully-fledged commercial entit...
By Staff reporter | Published: 28 February 2018
The government-owned mobile firm NetOne Cellular (Private) Limited (NetOne) has dragged its former chief executive officer Reward Kangai to the High Court seeking to evict him from one of its properti...
By Staff reporter | Published: 28 February 2018
The Rainbow Tourism Group's $22,5 million rights issue has been partially subscribed amid indications that the National Social Security Authority (Nssa) will increase its shareholding in the listed ho...
By Staff reporter | Published: 27 February 2018
Zimbabwe has exported flue-cured tobacco to the value of $87 million during the first couple of months of this year, down from $157 million in the corresponding period last year.Latest figures from th...
By Staff reporter | Published: 27 February 2018
Chamber of Mines of Zimbabwe president Batirai Manhando says gold deliveries are expected to hit 30 tonnes this year spurred by a number of factors including facilities from the Reserve Bank of Zimbab...
By Staff reporter | Published: 27 February 2018
Chinese mining group Sinomine's recent clever acquisitions in its bid to become the world's leading battery minerals company appears to have hit home with Prospect Resources, which is in negotiations ...
By Staff reporter | Published: 27 February 2018
Zimbabwe has received huge mining sector inquiries from global investors seeking opportunities in the capital-intensive resources industry. The two day Zimbabwe Mining Investment Conference has attrac...
By Staff reporter | Published: 27 February 2018
The volume of cooking oil imports has dropped by more than 70 percent as local producers increase production thereby saving the nation of the much needed foreign currency.Recapitalisation of the local...
By Staff reporter | Published: 27 February 2018
Small-scale miners have been advised to consider suspending operations to avoid disasters resulting from flooded shafts or curving in of tunnels caused by the incessant rains.Small-scale miners who us...
By Staff reporter | Published: 27 February 2018
FARMERS in West Acre, Matabeleland South, have started replanting their crops after their first crop wilted due to the continued dry spell as rains that fell early this month in the province have give...
By Staff reporter | Published: 27 February 2018
SMALL-scale miners want the government to resuscitate gold buying permits with affordable terms so that they could mop up the gold in designated areas in the country to increase delivery.Government in...
By Staff reporter | Published: 27 February 2018
Hwange Colliery Company is looking at increasing production from its underground mines after resuming operations a month ago, managing director Thomas Makore said. Hwange, the country's largest coal m...
By Staff reporter | Published: 27 February 2018
Listed cement producer PPC Zimbabwe (whose parent firm is based in South Africa) has announced that it is looking to restructure its board, in a bid to strengthen it. In a notice to shareholders, PPC ...
By Staff reporter | Published: 27 February 2018
At least 10 companies owned by Asa Resource Group (Asa) are pleading insolvency, accusing Chinese executives of breaching exchange control regulations, that has, in turn, resulted in the underperforma...
By Staff reporter | Published: 27 February 2018
THE Zimbabwe Power Company (ZPC) will today start an around the clock seven day test run for unit number 8 of the Kariba South extension project.The exercise will test performance and functionality of...
By Staff reporter | Published: 27 February 2018
LEADING global diamond trading, exploration and mining company De Beers Group remains focused on other African countries in which it is already established with no rush to return to Zimbabwe, our Hara...
By Staff reporter | Published: 27 February 2018
THE National Railways of Zimbabwe (NRZ) says it has immediately deployed the newly acquired wagons from South Africa to industrial customers as it braces for serious business under the interim re-capi...
By Staff reporter | Published: 27 February 2018
fastjet is pleased to invite applications from suitably qualified pilots for the positions of Embraer E145 Captain and First Officer respectively for our Zimbabwean base in Harare. General requirement...
By fastjet | Published: 26 February 2018
BULAWAYO-BASED textile firm, Merlin will later this year apply for removal from judicial management once an agreement with an unnamed institutional investor for $30 million capital outlay is reached.T...
By Staff reporter | Published: 26 February 2018
THERE is no need to merge NetOne and Telecel Zimbabwe as they have turned the corner, and are now performing well.Government holds 100 percent shareholding in NetOne and 60 percent in Telecel.The rema...
By Staff reporter | Published: 26 February 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
