THE huge amounts of money held by Zimbabweans in foreign banks are a sign of the low confidence people have in the banking system, the Bankers Association of Zimbabwe president, Charity Jinya, has sai...
By Staff reporter | Published: 23 November 2017
AIR Zimbabwe (AirZim) chief executive officer (CEO), Ripton Muzenda has been fired from the airline on charges of incompetence after refusing to implement a $2,4 million retrenchment programme as dire...
By Staff reporter | Published: 23 November 2017
Zimbabwe must act quickly to dig its economy out of a hole and access international financial aid, the International Monetary Fund has warned.Government spending and foreign debt are too high and it n...
By BBC | Published: 23 November 2017
Financial services provider POSB, has embarked on a skills audit exercise as part of its restructuring programme, according to an internal memo seen by The Herald Business.The exercise-being conducted...
By Staff reporter | Published: 23 November 2017
Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has already been disbursed.During a tou...
By Staff reporter | Published: 23 November 2017
Zimbabwe's exports of key minerals rose 31,5 percent in the 10 months to October this year, driven by an increase in high carbon ferrochrome and chrome ore sales. The value of export receipts reached ...
By Staff reporter | Published: 23 November 2017
Zimbabwe has expressed interest to expand economic ties with India, one of the world's fastest growing economies. Currently, the bilateral trade between India and Zimbabwe is a modest $133 million, ac...
By Staff reporter | Published: 23 November 2017
Powertel Communications has launched a state-of-the-art communication solution for vehicle tracking and fleet management under its broad product category of Internet of Things (IOT). The new innovatio...
By Staff reporter | Published: 23 November 2017
THE country's cost of liquidity, power, labour, water, transport and finance are abhorrent to competitiveness, a new report has shown.According to the Zimbabwe National Competitiveness Report (ZNCR) r...
By Staff reporter | Published: 22 November 2017
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials.Oil Expressers Association of...
By Staff reporter | Published: 22 November 2017
ZIMBABWE'S largest beverage maker, Delta Corporation's legal battle to get interest of close to $700 000 on charges of underestimated taxes from state revenue collector Zimra rages on with the High Co...
By Staff reporter | Published: 22 November 2017
Zimbabweans in business and ordinary people have every reason to smile as government has found a solution to the resuscitation of the National Railways of Zimbabwe (NRZ).The resuscitation will be done...
By Staff reporter | Published: 20 October 2017
Zimbabwe Stock Exchange-listed Getbucks Microfinance Bank says it is has extended mortgage loans to the tune of around $600 000 as at mid-year.The deposit-taking microfinance institution started offer...
By Staff reporter | Published: 20 October 2017
Cairns Foods says it is eyeing the regional export market by year 2019 and 2020 as it seeks to boost its revenue streams and foreign currency earnings.Chief executive Nancy Guzha told exporters at a Z...
By Staff reporter | Published: 20 October 2017
Zimswitch says it plans to launch two payment streams simultaneously with other Sadc countries that are expcted to complete their trial runs on a cross-border payment system by July next year .The com...
By Staff reporter | Published: 20 October 2017
ZIMBABWE'S platinum miners are lobbying government to either scrap or defer payment of a 15% export tax on unprocessed ore as the capital-intensive industry pushes for a raft of reforms ahead of the f...
By Staff reporter | Published: 20 October 2017
A confidence crisis is brewing over Zimbabwe's banking sector mainly driven by the gradual lo ss of value of bank balances due to the growing mismatch in the United States dollar exchange rate amid gr...
By Staff reporter | Published: 20 October 2017
The fertiliser industry is optimistic that production will steadily increase following increased foreign currency allocation from the Central Bank, Zimbabwe Fertiliser Manufacturers spokesperson Tapiw...
By Staff reporter | Published: 20 October 2017
CHINA'S fifth largest ferrochrome producer, Yuanda Juhua, is exploring opportunities to build smelters in Zimbabwe to secure raw materials for its business.Three senior officials from the Yuanda Juhua...
By Staff reporter | Published: 20 October 2017
THE revival of Ziscosteel will cut $350 million worth of steel imports and generate in excess of $1 billion in export earnings, Industry and Commerce Minister Dr Mike Bimha said yesterday.Responding t...
By Staff reporter | Published: 20 October 2017
Zimbabwe will proceed with plans to levy 15 percent on raw platinum exports starting next year, if producers fail to comply with Government policy and directive for miners to build beneficiation facil...
By Staff reporter | Published: 20 October 2017
A SOUTH Korean delegation is in the country doing market research on bankable power projects, with the aim of initially investing in a 100 Megawatt (MW) plant, The Financial Gazette has learnt.Zimbabw...
By Staff reporter | Published: 19 October 2017
BRICK manufacturing company, Willdale, has seen a spike in business as Zimbabweans, fearing a return to hyperinflation, rush for safe investments, the company's chief executive officer, Nyasha Matonda...
By Staff reporter | Published: 19 October 2017
ZIMBABWE'S gold mining firms are planning to ramp up production in the next few years at a time the majority of companies in the country are struggling due to a deteriorating economic environment.This...
By Staff reporter | Published: 19 October 2017
The Postal and Regulatory Authority of Zimbabwe (Potraz) has challenged the developed world to assist developing countries to meet the universal health coverage targets by 2030. Universal health cover...
By Staff reporter | Published: 19 October 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
