Zimbabwean banks are phasing out paper-based Real Time Gross Settlement (RTGS) transactions, with Standard Chartered (Stanchart) being the latest in announcing the move.This comes as banks have record...
By Staff reporter | Published: 03 September 2017
The Common Market for Eastern and Southern Africa Competition Commission has begun the process of looking into the acquisition of Barclays Bank Zimbabwe's majority shareholding by FMB Malawi from Barc...
By Staff reporter | Published: 03 September 2017
ZIMBABWE is working on minimum coal mining standards to ensure operational uniformity following the entry of new players in coal extraction.Deputy Minister of Mines and Mining Development Fred Moyo to...
By Staff reporter | Published: 03 September 2017
THE country's biggest fertiliser and chemical manufacturer, Chemplex Corporation Limited requires more than $40 million to fully recapitalise its operations.Chemplex Corporation chief executive office...
By Staff reporter | Published: 03 September 2017
THE National Railways of Zimbabwe (NRZ) has moved nearly two million tonnes of freight this year and is hopeful that it will meet its 3,5 million tonnes target by the end of the year on anticipated im...
By Staff reporter | Published: 03 September 2017
THE future of former Zimbabwe Iron and Steel Company (Zisco Steel) workers is hanging by a thread after the Government announced that it will not be part of the recruitment process in the new deal wit...
By Staff reporter | Published: 03 September 2017
As debate rages on whether Kwese TV will be licensed in the country if given the green light, Econet Media's offering could unlock thousands of new jobs for satellite installers in the country.Through...
By Staff reporter | Published: 03 September 2017
Econet Wireless Zimbabwe's offices in Msasa and Graniteside will be powered by solar energy by year end following the launch of Distributed Power Africa (DPA), a renewable energy-focused subsidiary of...
By Staff reporter | Published: 01 September 2017
THE Reserve Bank of Zimbabwe (RBZ) has unveiled a $10 million loan facility for the capacitation of small scale oil producers.This comes as the apex bank has been making recommendations to increase p...
By Staff reporter | Published: 01 September 2017
STANDARD Chartered Bank Zimbabwe (Stanchart) says profit for the half year to June 30, 2017 rose 11 percent to $6,8 million compared to $6,1 million recorded during the same period in the prior year.C...
By Staff reporter | Published: 01 September 2017
FARMERS at Villa Franca Farm in Glendale are embroiled in a bitter wrangle over management of machinery and equipment they received under the Brazil More Food for Africa Programme, with the election o...
By Staff reporter | Published: 01 September 2017
Zimbabwe Newspapers (1980) has disputed media reports suggesting it renewed interest in partnering with Econet Media's Kwese TV after speculative reports that the latter had been licensed.In a stateme...
By Staff reporter | Published: 01 September 2017
The government has ruled out an electricity tariffs hike this year saying any review will, however, be subject to consultations with relevant authorities.Zimbabwe's industry and commerce is currently ...
By Staff reporter | Published: 31 August 2017
Zimbabwe's largest platinum producer, Zimbabwe Platinum Holdings posted a record ore production of 7 million tonnes in FY2017 compared to 6, 6 million tonnes in the previous year.This was on the bac...
By Staff reporter | Published: 31 August 2017
Government will, beginning in September start providing 111 online services under the ZIMCONNECT platform as part of the initiatives to address the Ease of Doing Business Constraints.Chief secretary t...
By Staff reporter | Published: 31 August 2017
Zimplats revenue for the year increased by 9% from $471.8 million in FY2016 to $512.5 million despite a 5% decrease in 4E sales volumes from 582 833 ounces to 555 892 ounces. Revenue was supported by ...
By Staff reporter | Published: 31 August 2017
RESERVE Bank of Zimbabwe (RBZ) governor, John Mangudya, last week revealed that the Credit Reference Bureau (CRB) has now captured information on about 97 percent of all loans, a move expected to impr...
By Staff reporter | Published: 31 August 2017
FBC Holdings' mortgage unit, FBC Building Society (FBCBS), is in the market for land to replenish its depleted land bank, with a bias towards high density land.Group chief executive officer, John Mush...
By Staff reporter | Published: 31 August 2017
GOVERNMENT has engaged Oxfam to support the National Indigenisation and Economic Empowerment Board (NIEEB) in renegotiating its indigenisation agreement with Blanket Mine.Blanket Mine, which is owned ...
By Staff reporter | Published: 31 August 2017
HEIGHTENED risk, coupled with the attendant high cost of funds and lack of collateral have resulted in a huge funding gap for Zimbabwe's key agricultural sector, a joint policy brief by government and...
By Staff reporter | Published: 31 August 2017
Earlier this month Cell C and Blue Label Telecoms concluded a recapitalisation of the network operator that was two years in the making, htxt reported.But now the Independent Communications Authority ...
By Staff reporter | Published: 31 August 2017
We refer to the Media Release issued by ICASA on 30 August 2017 regarding the transaction for the recapitalisation of Cell C.Cell C is in the process of submitting extensive information to ICASA and i...
By Cell C | Published: 31 August 2017
The Independent Communications Authority of South Africa (ICASA) hereby confirms that it has received a notification from Cell C (Pty) Ltd (Cell C) regarding the change of licensee information i.e. ch...
By ICASA | Published: 31 August 2017
CLOTHING retailer, Edgars Zimbabwe (Edgars), says it now owes international suppliers close to $2 million due to the country's foreign payment delays.The group's chain director, Vusa Mpofu, said Edgar...
By Staff reporter | Published: 31 August 2017
A NEW coal mine is set to open in Beitbridge district in the next few weeks creating 250 jobs.The company's director Mr Tinashe Kamuriwo said 70 percent of the employees would be locals from the distr...
By Staff reporter | Published: 31 August 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
