TREK Petroleum faces closure after the Zimbabwe Revenue Authority (ZIMRA) garnished its bank accounts over a $45 million tax debt.According to court documents, the tax was incurred by a company called...
By Staff reporter | Published: 07 September 2017
CHAOS continues to rein supreme at the Zimbabwe National Roads Administration (ZINARA) amid indications that Ministry of Transport and Infrastructure Development's permanent secretary Machivenyika Map...
By Staff reporter | Published: 07 September 2017
FAST moving consumer goods manufacturer, Olivine Industries, which recently laid off nearly a third of its employees, has temporarily rescinded the plan after workers opposed the move and now seeks to...
By Staff reporter | Published: 07 September 2017
ZIMBABWE'S insurance firms are rapidly realising that they will need to strategically partner with deep-pocketed and innovative players in the industry to stay relevant in an increasingly digital envi...
By Staff reporter | Published: 07 September 2017
GOVERNMENT has tasked the Forestry Commission to spearhead its command agriculture programme targeting fruit tree production, a Cabinet Minister has said.The government last year launched the command ...
By Staff reporter | Published: 07 September 2017
ZIMBABWE will this year import about 345 000 tonnes of wheat as preliminary data indicates that the 2017 winter crop will produce an estimated 105 000 tonnes.The Grain and Feed Annual Report (GFAR) fo...
By Staff reporter | Published: 07 September 2017
THE illegal trade in counterfeit pesticides by unregistered dealers is putting farmers' and consumers' lives at risk as unregulated and often toxic chemicals enter the food chain, a government officia...
By Staff reporter | Published: 07 September 2017
GRANT Thornton, which is overseeing the liquidation of Jaggers Wholesalers, has dismissed claims by ex-workers that the exercise had been hit by corruption.Former workers told The Financial Gazette th...
By Staff reporter | Published: 07 September 2017
ZIMBABWE could soon start experiencing inadequate supplies of food and other products caused by worsening foreign currency shortages, local retailers have warned.Confederation of Zimbabwe Retailers (C...
By Staff reporter | Published: 07 September 2017
A NEW airline company, MJ Air Private Limited, has applied for a permit to launch operations in Zimbabwe.The Air Services Board announced in a notice in the August 18 issue of the Government Gazette t...
By Staff reporter | Published: 07 September 2017
The Reserve Bank of Zimbabwe (RBZ) is set to resolve the increasing foreign currency allocation challenge that has hit local retailers and suppliers who for a long time have been failing to secure sto...
By Staff reporter | Published: 07 September 2017
Listed financial services group, Fidelity Life Assurance Company, is in the eye of a storm after failing to honour its side of the bargain to purchasers, who bought residential stands at its South Vie...
By Staff reporter | Published: 07 September 2017
KADOMA Paper Mills (KPM) is experiencing capacity constraints with one machine that can only meet 54% of the 700-tonne demand for tissue paper in Zimbabwe and having to import waste paper.As a result ...
By Staff reporter | Published: 07 September 2017
FIRST Mutual Holdings Limited (FMHL) says it has found a buyer for its 19,8 percent stake in hotel concern, Rainbow Tourism Group (RTG), from which it has been seeking to exit for the past two years.T...
By Staff reporter | Published: 07 September 2017
GOVERNMENT is yet to locate a site for the construction of a $300 million platinum refinery, set to be established under a joint venture arrangement between an Australian partner and the Zimbabwe Mini...
By Staff reporter | Published: 07 September 2017
ZIMBABWE's largest gold producer, Metallon, has restructured the business by collapsing the group structure into independent mining units with separate executive management and boards, as part of eff...
By Staff reporter | Published: 06 September 2017
LOCAL seed manufacturer, Agriseeds, owned by South Africa's ZAD Investment Limited, intends to avail new seed varieties for pastures to complement Government's Command Livestock Programme,...
By Staff reporter | Published: 06 September 2017
Platinum production in Zimbabwe decreased to 105 000 ounces in the second quarter of this year, a 13 percent decline compared to the same period last year, the World Platinum Investment Council (WPIC...
By Ngoni Shenjere | Published: 06 September 2017
London-listed mining firm Vast Resources says gold production at its Zimbabwean unit went up by 36 percent to 4 037 ounces in the second quarter to June 2017.Vast Resources owns Pickstone-Peerless gol...
By Staff reporter | Published: 06 September 2017
Retailers in Zimbabwe want the central bank to put a speedy end to foreign payment bottlenecks for suppliers of goods and commodities to shops in the country. This comes as shortages have started to e...
By Staff reporter | Published: 06 September 2017
SHEPCO Group's bolt manufacturing division - Shepco BMA Fasteners - seeks to increase its capacity utilisation by 19,3% by December this year as it continues consolidating its market share, an officia...
By Staff reporter | Published: 06 September 2017
Africa Chrome Fields (Pvt) Ltd, a subsidiary of South African mining company Fanshawe Mining Holdings, which recently came under the spotlight after Government, through the Ministry of Transport and I...
By Staff reporter | Published: 06 September 2017
DEFUNCT textile firm, Merlin is set to tap into the Special Economic Zones model following its proposal to establish a ginnery expected to add impetus to the firm's survival when it re-opens.Under the...
By Staff reporter | Published: 06 September 2017
A Bulawayo businessman has been ordered to pay Econet Wireless more than $94 000 for the airtime recharge cards advanced to his company on credit.In addition, Mr Clifford Manungo lost a stand measurin...
By Staff reporter | Published: 06 September 2017
KADOMA Paper Mills, a division of the Zimbabwe Stock Exchange-listed ART Corporation is losing thousands of dollars per month importing waste paper among other raw materials from South Africa and Bots...
By Staff reporter | Published: 06 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
