THE Zimbabwe Consolidated Diamond Company is working on a structure to lure private investors back into the diamond mining industry after Government ordered companies that have been operating in Maran...
By Staff reporter | Published: 30 January 2018
TEXTILE Company, David Whitehead Limited (DWTL), has resumed operations at its Chegutu factory after receiving a $2 million bailout from the Reserve Bank of Zimbabwe.The company had ceased operations ...
By Staff reporter | Published: 30 January 2018
GOVERNMENT has, with immediate effect, directed banks not to levy 5 percent tax on all transactions below $10 as a way of promoting financial inclusion. This comes as Government moves to provide safet...
By Staff reporter | Published: 30 January 2018
The Industrial Development Corporation of Zimbabwe is looking for partners for its subsidiary, Chemplex Corporation Limited, which is into manufacturing and mining.In an invitation for an expression o...
By Staff reporter | Published: 30 January 2018
UNTU Capital, yesterday listed its medium term note on the Financial Securities Exchange (Finsec) after announcing a 72 percent over-subscription of its initial public offer.This becomes the third fix...
By Staff reporter | Published: 30 January 2018
The country's laws governing the construction industry - last reviewed over three decades ago - are becoming an impediment to investment in the property industry, experts have said.This is despite sev...
By Staff reporter | Published: 30 January 2018
Economic think tank, Business Monitor International (BMI), has not ruled out that Econet Wireless Zimbabwe might decide to exit the market, especially as recent decisions by the regulator impact its p...
By Ngoni Shenjere | Published: 29 January 2018
Zimbabwe's Mugg and Bean (M&B) franchise owner Shingi Munyeza, has shut down one of the exclusive restaurant's joints - Avondale branch - following non-renewal of its lease.Munyeza - who also hold...
By Staff reporter | Published: 29 January 2018
China says it is committed to improving its relations with Zimbabwe by providing state of the art information and communication technology (ICT) equipment.Chinese Ambassador to Zimbabwe, Mr Huang Ping...
By Staff reporter | Published: 29 January 2018
HARARE High Court judge Justice Davison Moses Foroma has ordered Econet Wireless (Pvt) Ltd to reimburse $128 000 erroneously billed on its agent and customer, Antolice Enterprises (Pvt) Ltd's recharge...
By Staff reporter | Published: 29 January 2018
Allied Timbers Zimbabwe is close to sealing a vendor finance transaction with Belarus that will see the country's largest timber company receiving equipment worth $30 million. The deal, likely to be c...
By Staff reporter | Published: 29 January 2018
Government has gazetted the Zimbabwe Iron and Steel Company (Debt Assumption) Bill, H.B 2, 2018 to take over about to $500 million owed to both domestic and external debtors. The Bill was published by...
By Staff reporter | Published: 29 January 2018
The National Railways of Zimbabwe (NRZ), through the Transport and Infrastructural Development Ministry, is lobbying Cabinet to promulgate a Statutory Instrument that would ring-fence heavy metals and...
By Staff reporter | Published: 29 January 2018
Nestle SA plans to cut as many as 400 jobs in France as the Swiss maker of Perrier water and Herta launch meats cuts costs. The Swiss food company announced the plan in a meeting with labour leaders, ...
By Staff reporter | Published: 29 January 2018
National power utility, Zesa Holdings (Zesa), says it plans to install 30 000 prepaid meters in the coming three months under the 100 days Rapid Results Initiative. Energy minister Simon Khaya Moyo sa...
By Staff reporter | Published: 29 January 2018
Zimbabwe's telecommunications quality and services has improved in the last few years due to infrastructure and network upgrades, the sector's regulator he said. Postal and Telecommunication Regulator...
By Staff reporter | Published: 29 January 2018
1. What major minerals apart from platinum and diamonds are found in Zimbabwe that would be of interest to foreign investors?There are several minerals in Zimbabwe apart from platinum and diamonds tha...
By Mining Indaba | Published: 26 January 2018
DELTA Corporation says it has completed the acquisition of a controlling stake in Lusaka Stock Exchange-listed beer company, National Breweries PLC (Natbrew). Ronny Palale, a chartered accountant with...
By Staff reporter | Published: 26 January 2018
THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...
By Staff reporter | Published: 26 January 2018
THE Confederation of Zimbabwe Industries (CZI) has postponed its economic outlook symposium that was scheduled for this week to next week in order to accommodate some officials attending the World Eco...
By Staff reporter | Published: 26 January 2018
RETAILERS, who are currently under fire for exploiting consumers through extortionate pricing, are now battling to fire-sell their products by offering promotions. Consumers have largely boycotted maj...
By Staff reporter | Published: 26 January 2018
IMF Managing Director Christine Lagarde Meets with President Emmerson Mnangagwa of ZimbabweInternational Monetary Fund (IMF) Managing Director Christine Lagarde today met with President Emmerson Mnang...
By Staff reporter | Published: 26 January 2018
The Reserve Bank of Zimbabwe Governor Dr John Mangudya, is set to deliver the 2018 Monetary Policy Statement (MPS) early February when he returns from Davos, Switzerland where is attending the 48th Wo...
By Staff reporter | Published: 26 January 2018
GOVERNMENT has significantly reduced ground rental annual fees for diamonds to $225 per hectare from $3 000. The reduction is in line with Government's ease of doing business reforms to facilitate inv...
By Staff reporter | Published: 26 January 2018
One of Zimbabwe's oldest furniture firms Pelhams has started re-opening its branches across the country after TN Harlequin, one of its creditors and sister company, undertook to bailout the company to...
By Staff reporter | Published: 26 January 2018
Zimbabwean timber industry turns to imports 
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
