Government plans to mobilise $649 million to support the implementation of several power projects lined up for next year, in a bid to ensure steady and affordable power supply.A number of projects i...
By Staff reporter | Published: 10 December 2017
1§Fixed telecommunications services operator, TelOne, has unveiled new home broadband packages which are technology neutral and offer flexible packages from as low as $1 in response to the fee...
By Staff reporter | Published: 10 December 2017
Listed mining concern, Bindura Nickel Corporation (BNC), has posted a $2,23 million profit after tax in the half year to September representing a 46,8 percent increase from $1,18 million reported in ...
By Staff reporter | Published: 10 December 2017
Property firm Mashonaland Holdings (Mash Holdings) says its revenues went down by 14 percent to $4,7 million in the full year to September 2017 due to company closures resulting in increased voids. Th...
By Staff reporter | Published: 10 December 2017
CFI Holdings Limited issued the following Market Update:"An Extra Ordinary General meeting was set to take place on the 6th of December 2017 in the Mirabelle Room, Meikles Hotel in terms of a duly cir...
By cfi | Published: 08 December 2017
Leading mobile network operator (MNO) Econet Wireless Zimbabwe has extended its mobile market leadership by growing its revenue market share to 82 percent, and increasing its customer market share to ...
By Staff reporter | Published: 08 December 2017
Two former non-executive directors of CFI Holdings have said they reserve the right to sue for defamatory allegations, following their exit from the group on Tuesday. Ephraim Chawoneka and Douglas Mam...
By Staff reporter | Published: 08 December 2017
NetOne has put in place a programme of investment to improve network connectivity, as the country's second largest mobile operator intensifies the push to enhance customer service experience.NetOne ac...
By Staff reporter | Published: 08 December 2017
Austrian construction giant, Geiger International, the contractor engaged by Government for the Harare-Beitbridge Highway, has completed surveying the road, paving way for the commencement of the mult...
By Staff reporter | Published: 08 December 2017
FAST moving consumer goods manufacturer Olivine Industries will invest $5 million in the final phase of the margarine processing technology and soap plant upgrade.This development is expected to impro...
By Staff reporter | Published: 08 December 2017
Majority of oil producers have complied with Government's mandatory fortification programme to enrich oil with vitamins that are vital to the people's health, Oil Expressers Association of Zimbabwe (O...
By Staff reporter | Published: 08 December 2017
Government has mobilised $266 million to fund the second phase of Command Agriculture, while 1,8 million villagers are expected to benefit from Presidential Input Support Scheme under a $153 million f...
By Staff reporter | Published: 08 December 2017
Finance Minister Patrick Chinamasa has said the banking sector deposits has maintained an upward trajectory, increasing by 17.1%, from US$6.51 billion as at end December 2016, to US$7.62 billion as at...
By Staff reporter | Published: 07 December 2017
Irish cement producer CRH, the world’s third-largest building materials supplier by market value, had decided not to bid for rival PPC the South African company said on Thursday.Last month, CRH made...
By Reuters | Published: 07 December 2017
AUSTRALIAN Stock Exchange listed lithium miner, Prospect Resources this week increased reserve estimates by 58,7 percent at its multimillion dollar Zimbabwe based asset, Arcadia, after fresh explorati...
By Staff reporter | Published: 07 December 2017
ECONET Wireless Zimbabwe's leading mobile money and financial technology (FinTech) services provider EcoCash was this year honoured with multiple global and regional awards.The awards were in recognit...
By Staff reporter | Published: 07 December 2017
TWO CFI Holdings directors, Douglas Mamvura and Ephraim Chawoneka, quit the board on Tuesday ahead of yesterday's extraordinary general meeting (EGM) of shareholders, which was supposed to oust them.T...
By Staff reporter | Published: 07 December 2017
HOTEL occupancy has dropped in the Midlands province as some businesses close ahead of the festive season.Hospitality players in the province derive most of the businesses from the corporate world esp...
By Staff reporter | Published: 07 December 2017
THE People's Own Savings Bank (POSB) has signed nine Memorandum of Agreements (MOA) with different corporates and institutions of higher learning in the country under its loan financing scheme.Speakin...
By Staff reporter | Published: 07 December 2017
THE National Railways of Zimbabwe (NRZ) yesterday commissioned a $10 million rehabilitated railway line in Chiredzi.The investment, a joint venture partnership between Government and the European Unio...
By Staff reporter | Published: 07 December 2017
Diversified industrial conglomerate Innscor Africa Limited's revenue for the first quarter of financial year 2018 was marginally lower compared to same period in the prior year on the back of a mixed ...
By Staff reporter | Published: 07 December 2017
THE National Social Security Authority (NSSA) will take up 80 percent equity in the Cold Storage Company, injecting a reported $20 million, as it embarks on the resuscitation of the stricken meat proc...
By Staff reporter | Published: 07 December 2017
NATIONAL Railways of Zimbabwe's (NRZ) Contributory Pensions Fund is suing Bulawayo firm Coloursell Distributors (PVT) Limited and a local medical doctor over rental arrears and damages.The pension fun...
By Staff reporter | Published: 07 December 2017
SEED manufacturer SeedCo has lost about 25 percent of its soya bean seed stock for the 2017/2018 season to a resurgent stem rot disease called sclerotinia, a senior executive has said. The company's g...
By Staff reporter | Published: 07 December 2017
Malaysia-based firm Engen Holdings (Engen) has agreed to sell shares in one of its subsidiaries to fuel retailer Vivo Energy in exchange for a stake and a "possible" cash element.Upon completion of th...
By Staff reporter | Published: 06 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
