Industrial firm Masimba has been given a $15 million contract by IDBZ to build over 1 500 houses in Kariba. At completion the project will facilitate relocation of 391 house-holds who are presently at...
By Staff reporter | Published: 19 September 2017
National Railways of Zimbabwe (NRZ) investors are fretting over endless delays in consummating the deal, especially after being announced as the preferred partner last month, it has been learnt. A con...
By Staff reporter | Published: 19 September 2017
ZIMBABWEAN telecoms tycoon Strive Masiyiwa's new pay television service, Kwese TV, has kick-started services in South Africa through a partnership with Netflix, it said on Friday as it seeks to claw u...
By Staff reporter | Published: 19 September 2017
CFI Holdings' divisions, Agrifoods and Victoria Foods, may soon resume production after judicial manager Mr Reggie Saruchera secured $10 million from a local bank for plant rehabilitation and working ...
By Staff reporter | Published: 19 September 2017
ZIMBABWE'S gold production has risen by about 10 percent in the first eight months of the year to 14.6 tonnes from 13.4 tonnes in the comparable period in 2016, official figures show.The country's exp...
By Staff reporter | Published: 19 September 2017
The Government has directed the Grain Marketing Board (GMB) to immediately activate satellite collection points to mop up the remaining grain as the Strategic Grain Reserve has hit a million tonnes.Th...
By Staff reporter | Published: 19 September 2017
Government has directed the Grain Marketing Board (GMB) to immediately activate satellite collection points to mop up the remaining grain as the Strategic Grain Reserve has hit a million tonnes.GMB ha...
By Staff reporter | Published: 19 September 2017
The Zimbabwe Fertiliser Manufacturers Association says Government should ban finished fertilizer imports as manufacturers can produce enough to meet demand if fully supported.ZFMA president Mr Tapuwa ...
By Staff reporter | Published: 18 September 2017
Zimbabwe's RHA Tungsten Project, under development, near Bulawayo has received has had its underground mineral resource estimates upgraded.The RHA Tungsten mine is 49 percent owned by junior resources...
By Staff reporter | Published: 18 September 2017
Platinum mining giant, Zimplats' $134 million SMC Base Metal Refinery (BMR) refurbishments project remains a priority for the group but continued cash flow constrains arising from depressed metal pric...
By Staff reporter | Published: 18 September 2017
INDUSTRIAL Development Corporation's glass manufacturing firm, Zimglass has started aggressively looking for an investor who can inject $7 million towards the revival of the plant after earlier indica...
By Staff reporter | Published: 18 September 2017
A NEWLY built hotel in Beitbridge worth thousands of dollars is set to boost tourism and economic development in the border town as well as create 50 new jobs.The 30-roomed Zhove Leisure Park situated...
By Staff reporter | Published: 18 September 2017
ALLIED Timbers Zimbabwe is diversifying into fruit tree production as it seeks to add revenue streams and ensure optimum usage of its vast tracts of land, an official has said.Allied, wholly owned by ...
By Staff reporter | Published: 18 September 2017
PLASTIC pipe systems manufacturer, Proplastics, is targeting to increase exports to the "ideal 10 percent" from the current two percent as the group has started picking up orders from as far as Sierra...
By Staff reporter | Published: 18 September 2017
Bindura Nickel Corporation (BNC) has said the smelter restart project has been hampered by cash flow problems, arising from low nickel prices.BNC is a subsidiary of Asa Resources.BNC managing director...
By Staff reporter | Published: 18 September 2017
Plastics manufacturer, Proplastics's net income for the six months to June grew nearly threefold to $352, 946 from $91,243 reported in the same period last year on increased sales and lower finance co...
By The Source | Published: 15 September 2017
Zimplats profit after tax for the full year to 2017 increased 522 percent to 45 million from $7 million the previous comparative period.The platinum mine's profit before tax was also up at $100 millio...
By Staff reporter | Published: 15 September 2017
Listed miner RioZim says the growth of its revenues by 16 percent to $37,8 million in the six months to June 2017 was as a result of the acquisition of Dalny Mine.The group recently snapped up Dalny M...
By Staff reporter | Published: 15 September 2017
Low cost internet provider, Powertel Communications' internet connectivity has been down for a week, with the parastatal remaining mum over the disservice.The blackout has affected Powertel's, a subsi...
By Takudzwa Chiwara | Published: 15 September 2017
IT'S "crunch time" for Impala Platinum's (Implats') Mimosa mine which is under threat of closure as it cannot not comply with Zimbabwe's beneficiation laws and remain profitable.The Harare gover...
By miningmx | Published: 15 September 2017
Imara Asset Management Limited ('Imara') and Kura Capital Limited ('Kura') are merging to create a pan African fund manager with over USD200m of assets under management.Kura is a highly respected, awa...
By Agencies | Published: 15 September 2017
THE Zimbabwe Consolidated Diamond Company (ZCDC) has invested $30 million in kimberlite mining and plant equipment from South Africa in a bid to exploit minerals for sustainability and growth.Of the t...
By Staff reporter | Published: 15 September 2017
MORE television viewers who were used to MultiChoice's DStv service appear to have found solace in the OpenView HD, a free-to-air satellite TV service meant for the South African market that provides ...
By Staff reporter | Published: 15 September 2017
INDUSTRY lobby group, the Confederation of Zimbabwe Industries (CZI) has called on the Reserve Bank to release the additional $300 million, not in notes but in coins as a way of countering the black m...
By Staff reporter | Published: 15 September 2017
THE long wait is over for movie lovers in Bulawayo as motion picture power house Ster-Kinekor Zimbabwe will open on September 21 with a movie premiere of The Kingsman: Golden Circle.Ster Kinekor opens...
By Staff reporter | Published: 15 September 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
