British tycoon Nicholas Van Hoogstraten seems to have won the battle for the control of CFI Holdings after coming to the rescue of Shingirayi Chibhanguza this week with 52% of the group's shareholders...
By Staff reporter | Published: 15 December 2017
THE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal will be finalised in the first quarter of 2018, Finance and Economic Planning Minister Patrick Chinamasa has said.A consortiu...
By Staff reporter | Published: 14 December 2017
LITHIUM producers, who are riding the wave of increased global demand and rising prices, have been jolted by a raft of tax measures proposed by Finance Minister Patrick Chinamasa last week, to drive l...
By Staff reporter | Published: 14 December 2017
THE Zimbabwe Stock Exchange listed property investment and development concern, Mashonaland Holdings (Mashold) Limited, has fired two top executives who were on suspension for financial irregularities...
By Staff reporter | Published: 14 December 2017
BINDURA Nickel Corporation (BNC) says it has begun scouting for third party producers to process their concentrate under toll manufacturing deals at its soon to be completed $26,5 million smelter at T...
By Staff reporter | Published: 14 December 2017
AT least 630 of the country's 800 mines are projecting strong growth in 2018, riding on anticipated policy reforms under President Emmerson Mnangagwa's new administration and aggressive expansion by "...
By Staff reporter | Published: 14 December 2017
ZB FINANCIAL Holdings Limited chief executive officer Ronald Mutandagayi has bounced back as board chairman of Mashonaland Holdings (Mashold) following the ouster of Michael Mahachi.ZB is the largest ...
By Staff reporter | Published: 14 December 2017
fastjet has launched additional Festive Flights between Harare and Victoria Falls.Due to popular demand fastjet has added additional flights between Harare and Victoria Falls this Festive Season. Addi...
By Staff reporter | Published: 14 December 2017
STATE-OWNED mobile communications operator, NetOne, recorded an increase of 291 percent in mobile money subscriptions in the third quarter 2017, a Postal and Telecommunications Regulatory Authority of...
By Staff reporter | Published: 14 December 2017
TONGAAT Hulett Zimbabwe has bemoaned the drastic fall in production at Mkwasine Sugar Estate in Chiredzi amid reports that out-growers have produced half the target.Speaking during the commissioning o...
By Staff reporter | Published: 14 December 2017
ZIMBABWE has earned $871, 2 million from 176,4 million kilogrammes of tobacco exported mainly to South Africa and China since the beginning of 2017.Statistics from the Tobacco Industry Marketing Board...
By Staff reporter | Published: 14 December 2017
Micro-financier Untu Capital is set to raise $1 million from the country's first mobile-based retail note, a move set to enhance financial inclusion.The retail note, U-Gain, is targeting ordinary Zimb...
By Staff reporter | Published: 14 December 2017
GOVERNMENT is targeting 350 000 tonnes of wheat in the next three years to guarantee sufficient domestic wheat supplies and to reduce reliance on imports. Zimbabwe needs about 400 000 tonnes of wheat ...
By Staff reporter | Published: 14 December 2017
Duly Motors (Duly's) says it expects to post an increase in truck sales growth this year due to growing local demand for imported commercial vehicles.The company's spokesperson Hope Kemadjou sai...
By Staff reporter | Published: 13 December 2017
Former president Robert Mugabe's government presided over moral decay in the once vibrant and productive mining sector, a study has revealed.A comprehensive research contained in a book, recently laun...
By Staff reporter | Published: 13 December 2017
Funeral services group, Doves Holdings, has been recognised by the Marketers Association of Zimbabwe (Maz) and the Zimbabwe Business Awards for its sterling performance in the country's funeral indust...
By Staff reporter | Published: 13 December 2017
Zimbabwe's mining industry requires $400 million to sustain operations next year, almost double the $211 million invested this year.The 2017 mining survey industry report indicates that the anticipate...
By Staff reporter | Published: 13 December 2017
Zimbabwe's capital intensive mining sector is bullish about the outlook with the projected overall Mining Business Confidence Index (MBCI) at 21,6 in 2018 from -6,6 this year on the back of the new po...
By Staff reporter | Published: 13 December 2017
Econet Wireless Zimbabwe, whose millions of customers were affected by a data blackout last Tuesday, has leaped to Liquid Telecoms' defence, saying its bandwidth wholesaler did everything it could to ...
By Staff reporter | Published: 13 December 2017
TOUR operators in Victoria Falls will not increase charges during the festive season but offer special packages for group visitors who book for at least three activities.The moves comes at a time when...
By Staff reporter | Published: 13 December 2017
Gweru-based giant ferrochrome producer, Zimbabwe Alloys, under judicial management by Grant Thornton International, is expected to start operating in the next 18 months after its creditors approved a ...
By Staff reporter | Published: 13 December 2017
A ZIMBABWEAN-BORN insurance executive Darlington Munhuwani has landed a top post in Ghana, assuming the reins as chief executive officer of Allianz Ghana responsible for the non-life business.He succe...
By Staff reporter | Published: 13 December 2017
NetOne Cellular (Private) Limited is suing its ex-managing director Mr Reward Kangai over $2 million financial prejudice it suffered due to his alleged mismanagement.Mr Kangai served as the company's ...
By Staff reporter | Published: 12 December 2017
State-owned mobile network provider, NetOne, is targeting to increase its active subscriber base by at least 5 percent next year as it embarks on various strategies to improve its operational viabilit...
By Staff reporter | Published: 12 December 2017
FIRST Mutual Holdings Limited (FMHL) is on the verge of setting up a fully-fledged funeral company, as the group seeks to diversify its business.The funeral unit, to be named First Mutual Funeral Serv...
By Staff reporter | Published: 12 December 2017
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
