Sales for new vehicles in 2017 declined by 7,45% to 3 154 due to shortages in foreign currency to purchase newer vehicles. Vehicles are still considered as a non-priority on the foreign currency prior...
By Staff reporter | Published: 15 February 2018
A total of 11,744 out of 54,909 depositors of six collapsed banks have each been compensated up to $500 from the Deposit Protection Fund.Official data seen by the ZBC News today indicate the depositor...
By Staff reporter | Published: 14 February 2018
GIANT mobile telecommunications company NetOne are expected to end the speculation related to their football partnership with the country's Big Three football clubs when they unveil their landmark mil...
By Staff reporter | Published: 14 February 2018
MEALIE Brand, a division of the Zimbabwe Stock Exchange-listed Zimplow, has increased its capacity utilisation from 50 percent to 80 percent on the back of a good agricultural season the country exper...
By Staff reporter | Published: 14 February 2018
Listed cement producer Lafarge Zimbabwe is looking to expand its operations as it is set to commence exploration drilling for lime within the next two months. It already has two mining operations wher...
By Staff reporter | Published: 14 February 2018
Zimbabwe's only cryptocurrency exchange, Golix, has reached a massive milestone after it cleared over 2 000 customer support tickets in less than weeks. The company, which is known for allowing Zimbab...
By Staff reporter | Published: 14 February 2018
Ingwebu Breweries which was unbundled last year needs more than $100 million to be fully turned around, Bulawayo City Council (BCC) mayor, Martin Moyo, has revealed.Ingwebu has been run under Bulawayo...
By Staff reporter | Published: 14 February 2018
FORMER Air Zimbabwe chief executive officer Ripton Muzenda has taken the national carrier to court demanding over $42 801 in terminal benefits, four months after termination of his contract on allegat...
By Staff reporter | Published: 14 February 2018
Robert Mugabe's fall as Zimbabwe president is setting the scene for the return of a London mining listing for Andrew Groves and his long-term business partner -- and former England cricketer -- Phil E...
By Bloomberg | Published: 14 February 2018
Production at Zisco is set be twice what used to be produced when it reopens soon, Kwekwe town clerk Mr Emmanuel Musara has said. Briefing the Minister of State for Midlands Provincial Affairs Owen Nc...
By Staff reporter | Published: 14 February 2018
The African Development Bank announces the update of its composite index available to Bloomberg Professional® service subscribers via {BADB Index}. The index enriched with two sub-indices (BADBC and ...
By Chawki Chahed | Published: 14 February 2018
The Confederation of Zimbabwe Industries (CZI) Masvingo chapter says the government should prioritise the recapitalisation of the Cold Storage Commission (CSC) as many downstream industries stand to b...
By Staff reporter | Published: 13 February 2018
President Mnangagwa says the Zimbabwe government is in talks with the Botswana government, which if successful, will see the country sending its diamonds to Botswana for cutting and polishing.Presiden...
By Staff reporter | Published: 13 February 2018
ECONET Wireless Zimbabwe, the country's largest telecom operator, has said the disruption of service it experienced Monday morning was due to issues arising from some of its billing nodes.A company sp...
By Staff reporter | Published: 13 February 2018
ZIMBABWE's largest shoe manufacturer, Bata Shoe Company, has called on the Reserve Bank of Zimbabwe (RBZ) to increase the export incentive to 15 percent to boost exports by local companies.The Central...
By Staff reporter | Published: 13 February 2018
The Zimbabwe tourism sector is operating without a vision, a situation that has hindered its growth for the past few decades, an executive has said. Addressing delegates at the National Tourism Strate...
By Staff reporter | Published: 13 February 2018
Brick and tile manufacturer, Beta Holdings has come under heavy scrutiny after it failed to deliver products to customers for periods that at times span over six months. This comes as some customers c...
By Staff reporter | Published: 13 February 2018
Coal miner, Hwange Colliery Company (HCC) on Sunday said it is looking for partners with the financial capacity to exploit untapped coal bed methane gas. HCC holds a 4 200 hectare coal bed methane con...
By Staff reporter | Published: 13 February 2018
The Reserve Bank of Zimbabwe (RBZ) will start conducting comprehensive financial stability stress tests on the banking sector beginning September 2018 as it seeks to bring stability to the troubled se...
By Staff reporter | Published: 12 February 2018
The Zimbabwean government has reportedly set up a committee that will spearhead the process of compensating white farmers whose farms where seized during the country's controversial land reform progra...
By Staff reporter | Published: 12 February 2018
Government has granted traffic rights to rising airline, Rwanda Air, to service the Kigali-Harare-Cape Town route.The flights, given on a fifth freedom basis, will commence on May 16, this year.The fr...
By Staff reporter | Published: 12 February 2018
There are fears that the Zimbabwe Alloys $100 million deal with Indian Investors Balasore Group could collapse amid indications that one of the Indian investors Pramod Mittal is embroiled in tax scan...
By Staff reporter | Published: 12 February 2018
State-owned postal services, Zimpost, last year exceeded its revenue target of $22 million and this year aims to grow it by 10%, the company's acting managing director, Sifundo Moyo, has said. Moyo sa...
By Staff reporter | Published: 12 February 2018
Buoyed by sterling performance of the gold sector last year, the Reserve Bank of Zimbabwe (RBZ) has increased the gold support facility to $150 million from $74 million that had been disbursed by Dece...
By Staff reporter | Published: 12 February 2018
A Total of 108 wagons and seven locomotives that were acquired from South Africa as part of the resuscitation of the National Railways of Zimbabwe (NRZ) have arrived in the country through Beitbridge ...
By Staff reporter | Published: 12 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
