The lowest average price of a new house (42 square metres) built by a private developer in Zimbabwe jumped to $18 000 from $10 000 between 2010 and 2015, according to findings of a survey by the Centr...
By Staff reporter | Published: 29 August 2017
Econet Wireless' Kwese TV has never applied for a licence to distribute foreign television content in Zimbabwe, and players in the industry are baffled where discussions around that matter are coming ...
By Staff reporter | Published: 29 August 2017
COAL mining firm, Zambezi Gas Zimbabwe (Pvt) Ltd, has been dragged to court by NR Barber (Pvt) Ltd over a $3,885 million debt for services rendered at Ithuba Mine in Hwange, a few years ago.Through it...
By Staff reporter | Published: 29 August 2017
THE Government has secured a $1 billion investment for the revival of the country's largest steel maker, the Zimbabwe Iron and Steel Company (Ziscosteel), from a Chinese company, that will see one mil...
By Staff reporter | Published: 29 August 2017
A LOCAL commercial bank, Metbank has acquired investment properties worth $6.8 million through the settlement of various loan exposures.In a financial statement for the half year ended June 30, 2017, ...
By Staff reporter | Published: 29 August 2017
PRESIDENT Mugabe yesterday said Zimbabwe has a lot to offer in terms of tourism as he invited international and local guests to sample the country's resorts.Officiating at the ongoing 67th World Healt...
By Staff reporter | Published: 29 August 2017
LOCAL engineering firm, White Site Engineering is struggling to make a breakthrough as a result of high rentals and lack of affordable working capital.Management made an appeal for assistance to Gover...
By Staff reporter | Published: 29 August 2017
THE Zimbabwe Energy Regulatory Authority (Zera) has said players who have the capacity to do mandatory blending should apply for licences, as the regulations were open for more players.Zera chief exec...
By Staff reporter | Published: 29 August 2017
DEFUNCT textile firm Merlin Limited has expressed readiness to resume operations on a joint venture basis and hopes to exit judicial management within 12 months of operations.The Bulawayo-based entity...
By Staff reporter | Published: 29 August 2017
Ex-Dimension Data chairman Andile Ngcaba is taking his former paymaster to the Commission for Conciliation, Mediation and Arbitration over alleged "discrimination and unfair remuneration practices".A...
By Staff reporter | Published: 28 August 2017
Railway infrastructure development is an important building block to improving trade across the Southern Africa Hinterland Territories, which comprises three landlocked countries; Malawi, Zimbabwe and...
By Agencies | Published: 28 August 2017
The pensions industry recorded total income of $112 million in the first quarter ended March this year attributable to contributions, rental and investment income, the sector regulator has said.The In...
By Staff reporter | Published: 28 August 2017
Zimbabwe's largest platinum miner, Zimplats has recorded impressive strides on its productive capacity at a record 6.4 million tonnes per annum as the firm focuses on volumes to hedge against subdued...
By Staff reporter | Published: 28 August 2017
Statutory pension fund, National Social Security Authority (Nssa), is set to increase its shareholding in Starafricacorporation (Starafrica).This was after the sugar producer said it wants to offer Ns...
By Staff reporter | Published: 28 August 2017
Financial services group, FBC Holdings (FBCH), said it is now reaping rewards from its investments in various sectors of the economy.The group's chairperson, Herbert Nkala, said FBCH's six business un...
By Staff reporter | Published: 28 August 2017
Sakunda Private Limited - a fully-integrated energy supplier that has grown to be the biggest fuel trader with stocks in excess of 200 million litres - is changing its name to Trafigura Zimbabwe.The T...
By Staff reporter | Published: 28 August 2017
ECOBANK Zimbabwe on Thursday said its after tax profit increased more than three-fold to $11.4 million in the half year to June, from $3.4 million in the comparable period last year, driven by an incr...
By Staff reporter | Published: 28 August 2017
Zimbabwean platinum miners - among them units of Impala Platinum, Sibanye Gold and Anglo Platinum - have been plunged into deeper procurement and financial hurdles after the government directed that 8...
By Staff reporter | Published: 28 August 2017
BULAWAYO-headquartered Pump and Steel Supplies Company has spread its wings to Harare where it has opened a new branch as part of its expansion drive.The firm's human resources manager, Mr Ernest Jack...
By Staff reporter | Published: 28 August 2017
GIANT cement maker PPC Zimbabwe says it has spent $2.5 million to curb high stack emissions in the last two years at its Colleen Bawn plant in line with the environmental compliance regulations.The pl...
By Staff reporter | Published: 28 August 2017
The country's largest cement producer, PPC Zimbabwe has hinted on a possibility to shut down its Collen Bawn plant in Gwanda citing pressure from cheap imported clinker by other producers and smuggled...
By Staff reporter | Published: 28 August 2017
Manicaland's dairy industry is operating below capacity due to high and unsustainable production costs.Zimbabwe has for more than a decade failed to produce enough milk and has resorted to importing f...
By Staff reporter | Published: 28 August 2017
NICOZ DIAMOND Insurance Limited saw its profit after tax declining by 0,5% to $1,2 million in the six months ended June 30, 2017 after the group incurred retrenchment costs at its unit in Malawi.In th...
By Staff reporter | Published: 28 August 2017
Stanbic Bank Zimbabwe has revamped its home loans offering in a bid to encompass both existing and prospective home owners.In an interview, the bank's acting head of personal and business banking Pats...
By Staff reporter | Published: 28 August 2017
The National Railways of Zimbabwe (NRZ) is positioning itself to reclaim its market share following its milestone partnership with a private firm that will see a US$400 million recapitalisation. 2017...
By Staff reporter | Published: 28 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
