BULAWAYO-BASED shoe manufacturing concern, Millennium Footwear is slowly establishing itself as one of the major players in the region and is now focusing on the South African market after getting an ...
By Staff reporter | Published: 03 December 2017
GWERU based giant ferrochrome producer, Zimbabwe Alloys, which is under judicial management, will this week meet its creditors after securing a $100 million investment deal with Indian Investor, Balas...
By Staff reporter | Published: 03 December 2017
A leading South Africa-based Zimbabwe-owned construction company, Business Integrated Technics (BIT) Resources has injected about $1 million in setting up a quarry granite mine in Umguza District in M...
By Staff reporter | Published: 03 December 2017
THE price of diesel will go down next year as logistics associated with transporting the commodity will fall by half while the commodity will also be exempted from paying a road levy of 4c/litre...
By Staff reporter | Published: 03 December 2017
HWANGE Colliery Company Limited (HCCL) and some local and international financial institutions are in advanced talks that will see the company getting US$4 million to resume underground mining operati...
By Staff reporter | Published: 03 December 2017
LafargeHolcim says talks to acquire a stake in cement maker PPC are still ongoing after announcing interest in the cement company in October.In October, PPC Limited received an expression of interest ...
By Staff reporter | Published: 03 December 2017
Mobile payments and point of sale transactions have surged by a significant margin compared to last year as business embrace the use of plastic money.Burdened by a liquidity challenge that has stretch...
By Staff reporter | Published: 02 December 2017
CONTROVERSY surrounding struggling national flag carrier Air Zimbabwe (AirZim) is deepening, while its fate remains uncertain. This comes against the backdrop of the unexpected exit of AirZim's chief ...
By Staff reporter | Published: 02 December 2017
British multinational bank Barclays on Friday announced that it would be reducing its stake in Barclays Africa to 14.9%. "Barclays has indicated that this represents its desired long term shareholding...
By Staff reporter | Published: 01 December 2017
Axia Corporation says operating profit in the quarter to September 30 almost doubled compared to the same period last year.Executive chairman John Koumides told shareholders at the company's annual ge...
By Staff reporter | Published: 01 December 2017
Getbucks Microfinance Bank Ltd (Getbucks) is looking at doubling its mortgage loan book from current level of US$3 million on the back of the new political developments.Getbucks introduced mortgages t...
By Staff reporter | Published: 01 December 2017
The $400 million NRZ deal is set to be concluded before the end of the year paving way for the revival of the strategic firm. NRZ recently sealed the $400 million funding deal with a consortium led by...
By Staff reporter | Published: 01 December 2017
THE Chamber of Mines and the Associated Mine Workers' Union of Zimbabwe (Amwuz) are set to meet on Thursday next week to discuss the wage increment for next year, businessdigest has learnt.The negotia...
By Staff reporter | Published: 01 December 2017
OK Zimbabwe has admitted that it does not see growth in the near future for its Kawena Brand, although it has changed its model to be more aligned to goods than cash.Kawena is an electronic way provid...
By Staff reporter | Published: 01 December 2017
STRUGGLING Bulawayo firm, Merlin, yesterday received a consignment of raw materials, thereby raising hopes for workers that the company will soon resume operations after being defunct for a decade.Ne...
By Staff reporter | Published: 01 December 2017
THE National Railways of Zimbabwe (NRZ), in partnership with the government and the European Union, has refurbished the Nandi-Mkwasine railway line in Chiredzi at a cost of more than $10 million in a...
By Staff reporter | Published: 01 December 2017
Equity Properties has roped in the Reserve Bank of Zimbabwe (RBZ) to mediate in its dispute with a company owned by Indian business tycoon Jayesh Shah, which is holding onto a title deed to an upmark...
By Staff reporter | Published: 01 December 2017
THE African Development Bank (AfDB) has launched a Youth Advisory Group that seeks to create 25 million jobs in Africa with target impact on 50 million youths over the next 10 years.The Presidential ...
By Staff reporter | Published: 01 December 2017
THE country's largest shoe manufacturer Bata Shoe Company has embarked on a massive upgrade of its Gweru plant, which is aimed at improving the quality of its products and diversifying production.Bat...
By Staff reporter | Published: 01 December 2017
ZIMBABWE's largest ferrochrome producer, Zimasco, is expected to come out of judicial management early next year after a successful turnaround plan that will enable the company to pay its creditors w...
By Staff reporter | Published: 01 December 2017
The Zimbabwe Regulatory Authority (Zera) says there has been a rapid growth in liquefied gas petroleum gas (LPG) usage in the country as its use became popular as an alternative energy source especia...
By Staff reporter | Published: 01 December 2017
THE Zimbabwe Consolidated Diamond Company's (ZCDC) stock pile of about 1,5 million carats has improved its gem or near gem quality from predominantly industrial quality by 34 percentage points followi...
By Staff reporter | Published: 01 December 2017
WHILE Zimbabwe has the geological resource base to step up production of lithium the political risk in the country is still so great it is highly unlikely any investment for new lithium mines will flo...
By miningmx | Published: 30 November 2017
ECONOMIC analysts say the best way for President Emmerson Mnangagwa's government to attract serious and long-term investment into the country is to scrap the controversial indigenisation law that has ...
By Staff reporter | Published: 30 November 2017
THE dramatic exit of Zimbabwe's longtime ruler, Robert Mugabe, heralds a positive turn for the country's mining industry, researchers at the London-based Equities Development Limited (ED) have said.ED...
By Staff reporter | Published: 30 November 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
