British business tycoon Nicholas van Hoogstraten has ruled out a rights issue and borrowings at the diversified concern CFI Holdings Ltd, saying his family will provide any funding requirements at the...
By Staff reporter | Published: 02 February 2018
Government has urged white farmers to apply for land leases as the process will not be based on race or religion, an official has said. Addressing white farmers at Mbuya Nehanda Hall in Marondera on W...
By Staff reporter | Published: 02 February 2018
MIDLANDS-BASED ferrochrome producer, ZimAlloys is set to recruit over 500 workers within the first 18 months of operating under a new investor.ZimAlloys, which was placed under judicial management in ...
By Staff reporter | Published: 02 February 2018
Zimbabwe's largest platinum producer Zimplats Holdings Limited's revenue for the quarter ended December 30, 2017 jumped 80 percent to $184 million from the previous quarter on the back of sale of conc...
By Staff reporter | Published: 02 February 2018
Stanbic Bank Zimbabwe has been awarded $6 million after successfully suing a construction company for failure to honour an overdraft facility arrangement.The bank entered into a financial deal with CE...
By Staff reporter | Published: 02 February 2018
TRADE Kings Zimbabwe, a local fast moving consumer goods (FMCG) manufacturer and distributor, expects to complete construction of its paste detergent plant by end of this month, an executive has said....
By Staff reporter | Published: 02 February 2018
THE upcoming Mining Indaba in South Africa will present a platform for the new administration in Zimbabwe to attract investments into the country.One of the most-eagerly anticipated events at the foru...
By Staff reporter | Published: 02 February 2018
A SENIOR agronomist in Manicaland has expressed pessimism that the rains received starting on Wednesday will do much to rejuvenate crops and improve yields.Provincial agriculture extension officer (Ma...
By Staff reporter | Published: 02 February 2018
AN unnamed Indonesian investor has expressed interest in investing $30 million into textile concern, Merlin, as working capital over five years, NewsDay has established.According to the minutes of the...
By Staff reporter | Published: 02 February 2018
MBCA Bank, a unit of South Africa's Nedbank Group, has now started the process of changing its name, which was first announced three years ago. The bank will adopt its parent's name, Nedbank.The Nedba...
By Staff | Published: 01 February 2018
BARCLAYS Bank Plc will today cease to offer correspondent banking services for its former Zimbabwean unit, which it sold to Malawi's FMB Capital last year.FMB Capital acquired 43 percent shareho...
By Staff reporter | Published: 01 February 2018
GOVERNMENT has issued a directive for white farmers to be issued with 99-year leases instead of five-year leases subject to renewal upon meeting "certain conditions".In a letter addressed to acting pr...
By Staff reporter | Published: 01 February 2018
ZIMBABWE'S government will relinquish absolute control of its vast but under-utilised mining assets, which have chronically underperformed due to under-capitalisation and mismanagement.In a call...
By Staff reporter | Published: 01 February 2018
Zimbabwe is only left with about two commercial coffee farmers on 300 hectares, down from 145 who were farming over 7 600 hectares before 2004.Zimbabwe Coffee Mill director Johane Jori told the Easter...
By Staff reporter | Published: 01 February 2018
STANDARD Chartered Bank has riled its depositors after taking long to integrate its system with Ecocash, to enable them to transact with others who do not have formal bank accounts.Ecocash is Econet W...
By Staff reporter | Published: 01 February 2018
THE shortage of foreign currency has impacted on the ability of Sable Chemicals to produce enough fertiliser for the domestic market, forcing farmers to import 70% of ammonium nitrate, Parliament has ...
By Staff reporter | Published: 01 February 2018
Information Communication Technology (ICT) minister Supa Mandiwanzira has emphasised the importance of radio frequencies in the development of the economy and enhancing the country's connectivity to t...
By Staff reporter | Published: 01 February 2018
STATE-OWNED telecoms operator, TelOne, achieved a 14% increase in revenue to $133,76 million in 2017, on the back of an increase in broadband capacity.TelOne corporate communications manager, Melody H...
By Staff reporter | Published: 01 February 2018
CFI Holdings Limited has overturned its loss making position to register a profit after tax of $879 869 in the year ended September 30 2017 on the back of better market opportunities in the retail sec...
By Staff reporter | Published: 01 February 2018
GOVERNMENT needs about $5 billion to upgrade fuel and oxygen plants at Feruka with a view to increasing fuel production at the plant to about eight million litres per day.Higher and Tertiary Education...
By Staff reporter | Published: 01 February 2018
Lobel's Bread has taken over Kwekwe-based Plaza Bread in a development that is set to create more than 100 jobs, an official from one of the country's biggest bakers has confirmed.Lobel's Bread has si...
By Staff reporter | Published: 01 February 2018
Zimbabwe has made history by becoming one of the few countries in southern Africa to launch a national blueprint on the access and use of radio frequency spectrum resources. ITC minister Supa Mandiwan...
By Staff reporter | Published: 01 February 2018
President Emmerson Mnangagwa last week disclosed that government is developing a comprehensive diamond policy to regulate activities in the extraction of the gemstones. Zimbabwe's diamond sector is co...
By Staff reporter | Published: 01 February 2018
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel's ...
By Tech Central | Published: 31 January 2018
Fuel costs in Zimbabwe are still much higher than anywhere else in the region even after government decreed fuel retailers to cut the price of petrol and diesel by up to 7,5 percent after a tax cut, e...
By Staff reporter | Published: 31 January 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
