Zimbabwe's largest financial services group by asset base, CBZ Holdings, has begun the hunt for a new chief executive to replace Never Nyemudzo who retired on December 31, 2017. Nyemudzo, who retired ...
By Staff reporter | Published: 09 February 2018
FOREIGN investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed-line telecoms company TelOne, which are all desperate for a fresh capital i...
By Staff reporter | Published: 09 February 2018
THE decision by government to invest in Telecel Zimbabwe where it now has a 60% controlling stake was done in order to resolve shareholder conflicts in the company as well as to empower Zimbabweans, a...
By Staff reporter | Published: 09 February 2018
PLATINUM mining company Zimplats says the redevelopment of Bimha Mine remains on schedule to reach full production in April 2018.Bimha Mine, which collapsed in 2014, affected output, resulting in a 50...
By Staff reporter | Published: 09 February 2018
NMBZ Holdings has secured in excess of US$56 million worth of lines of credit in the last five years to fund various projects, but is yet to draw down on some of them due to foreign currency shortages...
By Staff reporter | Published: 09 February 2018
Foreign investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed line telecoms company TelOne, which are all desperate for a fresh capital i...
By Staff reporter | Published: 09 February 2018
A LEAST 5 000 smallholder tobacco growers have benefitted from the Tobacco Input and Credit Scheme that was introduced this season to rescue those rejected by tobacco contractors. The inputs scheme wa...
By Staff reporter | Published: 09 February 2018
Government excessive borrowing on the local banking sector is weakening the overall financial services market, with continued issuance of Treasury Bonds and overdrafts at the Central Bank escalating t...
By Staff reporter | Published: 09 February 2018
De Beers may follow its resumption of exploration for diamonds in the Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the Democratic Republic of Congo."I'm...
By Bloomberg | Published: 08 February 2018
In a dual development set to transform Africa's access to China as well as simplify the ability of Chinese nationals to transact in Africa, Stanbic Bank Zimbabwe's parent company, Standard Bank, has ...
By Staff reporter | Published: 08 February 2018
THE Zimbabwe Tourism Authority (ZTA) has appointed former Zimpapers marketing and social media manager Mr Godfrey Koti as head of corporate affairs.He replaces Mr Sugar Chagonda who left the tourism a...
By Staff reporter | Published: 08 February 2018
GOVERNMENT has so far accrued a $1,2 billion overdraft with the Reserve Bank of Zimbabwe with the new monetary policy statement prescribing to mitigate the unintended consequences of excess governmen...
By Staff reporter | Published: 08 February 2018
Zimbabwe's Mines minister Winston Chitando has admitted that the country has no record of its untapped mineral resources because there has not been any exploration work for the past decades.Chitando ...
By Staff reporter | Published: 08 February 2018
THE defunct asbestos mining giant, Shabanie and Mashaba Mines (SMM), has bought de-watering equipment from Europe in preparation for resumption of operations after more than a decade of closure.SMM ce...
By Staff reporter | Published: 07 February 2018
ZIMBABWE earned more than $100 million from exporting 14.2 million kilogrammes of tobacco across the world in January, official figures show.Statistics from the Tobacco Industry and Marketing Board (T...
By Staff reporter | Published: 07 February 2018
African Chrome Fields (ACF), which has invested more than $220 million in chrome mining along the country's mineral-rich Great Dyke, is lining up an additional $100 million investment in gold mining, ...
By staff reporter | Published: 07 February 2018
Trade Kings Zimbabwe says it is confident of generating foreign currency for the country after completing its $20 million detergent manufacturing plants.The fast-moving consumer goods (FMCG) company, ...
By Staff reporter | Published: 06 February 2018
An Air Zimbabwe (AirZim) plane failed to travel from the OR Tambo International Airport in Johannesburg after it ruptured its two rear tyres on Friday morning.The flight, Boeing 767, which was being f...
By Staff reporter | Published: 06 February 2018
FIXED telecoms operator TelOne says it is forecasting a 20% revenue growth in 2018 on the back of the full implementation of the National Broadband (NBB) project network before year-end.In 2017, TelOn...
By Staff reporter | Published: 06 February 2018
Leading pan-African telecommunications group Liquid telecom subsidiary African Data Centres, has launched newly expanded data centres facilities in Johannesburg and Cape Town, South Africa. The state ...
By Staff reporter | Published: 06 February 2018
Bakers Inn says its market share has risen to 45% aided by promotions, which has seen the country's biggest confectionery maker expand its reach. The company concluded its last leg of the Buy and Win ...
By Staff reporter | Published: 06 February 2018
FINANCIAL services provider, Central Africa Building Society (CABS), is set to splash millions of dollars sprucing up its branch network countrywide as it seeks to retain its refreshing appearance in ...
By Staff reporter | Published: 06 February 2018
Debt-saddled former transport powerhouse Kukura Kurerwa (KK)'s empire continues to crumble after the Sheriff of the High Court gave notice that it will auction off the company's Harare bus depot.This ...
By Staff reporter | Published: 04 February 2018
THE Confederation of Zimbabwe Retailers Association (CZRA) has noted with concern frequent delays by banks to address failed electronic transactions which is prejudicing both retailers and customers r...
By Staff reporter | Published: 04 February 2018
THE Ministry of Lands, Agriculture and Rural Resettlement in conjunction with ZimTrade has managed to facilitate agreements which will enable local farmers to export more than 40 000 tonnes of oranges...
By Staff reporter | Published: 04 February 2018
Chamisa rejects coup-like actions 
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
