BEVERAGES producer, Delta Corporation, has recorded subdued volume performance for the quarter ended March 31, 2019 amid declining demand due to price increases. In a trading update for the period und...
By Staff reporter | Published: 26 April 2019
Diversified financial services group, Old Mutual Zimbabwe, is set to construct a state-of-the-art regional hospital and an industrial park at Turf, Mhondoro-Ngezi, after getting 27 hectares from the l...
By Staff reporter | Published: 26 April 2019
One of the four companies licenced to mine diamonds in Zimbabwe, Murowa Diamonds, has started exploration for gems in Sese communal lands in Chivi, where the firm has nearly 200 claims for the mineral...
By Staff reporter | Published: 26 April 2019
Businesses in the insurance industry that fail or delay paying out claims of admitted liabilities under any policies risk having their operating licences cancelled as stipulated at law, according to t...
By Staff reporter | Published: 26 April 2019
VAST Resources Plc (Vast) says it has now completed the sale of its 25 percent shareholding in Pickstone Peerless Gold Mine in Zimbabwe as it focuses on its new diamond concession at Chiadzwa.The Lond...
By Staff reporter | Published: 25 April 2019
MANUFACTURING industries have expressed concern over the recent drop in aggregate demand saying this has a knock-on effect on production levels and investment by local companies.The captains of indust...
By Staff reporter | Published: 25 April 2019
LISTED technology solutions firm, Cassava Smartech Zimbabwe, yesterday launched the Vaya logistics unit, an additional entity that deals with delivery trucks and van services under its Vaya division.T...
By Staff reporter | Published: 25 April 2019
Zimbabwe's shrinking economy- compounded by skyrocketing inflation, the escalating cost of doing business and surging parallel foreign exchange rates is worsening the plight of commerce and industry i...
By Staff reporter | Published: 25 April 2019
Zimbabwe will experience serious cooking oil shortages in the coming weeks as foreign currency shortages have affected the importation of crude oil, leaving oil expresses producing a fifth of the 9 mi...
By Staff reporter | Published: 25 April 2019
Zimbabwe's gold exports receipts were down 17 percent to US$273.5m in the first quarter of the year due to low deliveries attributed to reduced foreign retention threshold. In the quarter 6.5 tonnes o...
By Staff reporter | Published: 25 April 2019
A SECURITY guard at the Zimbabwe Consolidated Diamond Company (ZCDC) premises was arrested for stealing five pieces of the precious stone after he was sold out by the closed circuit television (CCTV)....
By Staff reporter | Published: 25 April 2019
STEWARD Bank has partnered Chinese financial services firm, UnionPay International (UPI), to provide payment services for Zimbabweans travelling between the southern African country and Beijing."Basic...
By Staff reporter | Published: 25 April 2019
THE Rural Electrification Agency (REA) has come up with a master plan for the electrification of rural areas guided by a geographic information system (GIS) to avoid wasting resources.The master plan ...
By Staff reporter | Published: 25 April 2019
THE re-bundling of Zesa and merger of its five previously separate entities into a single integrated company will cut overhead costs and boost power generation efficiency, Vice President Constantino C...
By Staff reporter | Published: 25 April 2019
FINANCE and Economic Development Minister, Professor Mthuli Ncube, says the wave of price increases being experienced on the market and the wild parallel market exchange rates have no economic justifi...
By Staff reporter | Published: 25 April 2019
Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a Cabinet Minister has said. Lithium is used to make various items inc...
By Staff reporter | Published: 25 April 2019
Zimbabwe Stock Exchange (ZSE) listed roofing and building materials manufacturer, Turnall Holding, intends to increase its product range to include production and supply of non-asbestos roofing materi...
By Staff reporter | Published: 25 April 2019
Zimbabwe has some of the lowest mobile data tariffs in the region, figures from the Communication Regulators Association of Southern Africa (CRASA) country report for 2018 show. According to the CRASA...
By Staff reporter | Published: 25 April 2019
A FORENSIC audit on Hwange Colliery Company Limited (HCCL) has unearthed serious irregularities, where a haulage company owned by Shepherd Tundiya diverted about 1 003 tonnes of coal meant for the Zim...
By Staff reporter | Published: 24 April 2019
DESPITE government castigating business for over-pricing, there is likely to be no respite for the embattled consumer anytime soon as the price of fuel continues to go up, almost on a weekly basis.A s...
By Staff reporter | Published: 24 April 2019
EQUIPMENT belonging to Eldorado Mine in Chinhoyi will today go under the hammer to settle a debt owed to one of the country's leading security firms.The Chinhoyi High Court has instructed the sheriff ...
By Staff reporter | Published: 24 April 2019
PREMIER African Minerals (Premier) says it has terminated its proposed acquisition of a 50 percent stake of KME Plant and in Honey Badger Resources (HBR) due to ongoing uncertainty over the future of ...
By Staff reporter | Published: 24 April 2019
GOVERNMENT has been called upon to channel foreign currency towards the manufacturer of fertlisers in order to preserve jobs and prevent damage to soil by imported chemicals.This came out in a stateme...
By newzimbabwe | Published: 24 April 2019
China's Tsingshan Holding Group has expanded its plans for a steel plant in Zimbabwe to include a power plant and a lithium concession, Zimbabwe's Mines Minister Winston Chitando said on Tuesday.Presi...
By Reuters | Published: 24 April 2019
AGRIBANK is targeting between US$40 million and US$50 million in fresh lines of credit from international financial institutions for on-lending to exporters, the bank's chief executive Sam Malaba has ...
By Staff reporter | Published: 24 April 2019
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
