The local baking industry is dominated by three large bakeries which have impacted negatively on the viability of smaller institutions forcing 93 bakeries to close shop in the last two years.The Natio...
By Staff reporter | Published: 10 August 2017
The government is set to invest $15 million in the upgrade of the Feruka pipeline to enable pumping of 16 million litres daily, which puts to rest the need for a second channel to transmit fuel into t...
By Staff reporter | Published: 10 August 2017
FINANCIAL services group, ZB Financial Holdings, has resumed international business after it was removed from the United States of America sanctions list last year, group chief executive officer, Ron ...
By Staff reporter | Published: 10 August 2017
THE Insurance and Pensions Commission (IPEC) is in discussions with government, which could see the regulator extending its oversight to medical aid societies, currently being governed by the Ministry...
By Staff reporter | Published: 10 August 2017
ZIMBABWE'S largest financial services group by assets, CBZ Holdings (CBZ), has said it is negotiating with regional lenders for external loans at concessionary rates.The group's chief executive office...
By Staff reporter | Published: 10 August 2017
GOVERNMENT has awarded the tender for the $400 million recapitalisation of the National Railways of Zimbabwe (NRZ) to South Africa's Transnet, which is partnering a consortium of non-resident Zimbabwe...
By Staff reporter | Published: 10 August 2017
INFORMATION Communication Technology Minister Supa Mandiwanzira has expressed disquiet over Econet Wireless' dominance of the country's mobile money payments system saying this exposed the country to ...
By Staff reporter | Published: 10 August 2017
MINISTER of Information, Communication and Technology and Courier Services, Supa Mandiwanzira, says Zimbabweans have lost trust in banks because of bank failures and cash shortages in the economy.Spea...
By Staff reporter | Published: 10 August 2017
Government has extended Shangani Energy Exploration and Zambezi methane gas exploitation. The special grant for Shangani Energy was extended by three years to 2020, while that of Zambezi Gas was exte...
By Staff reporter | Published: 10 August 2017
African Sun reported an improved operating performance showing a profit before tax of $24,886 compared to a loss of $1.2m for the comparable period. The performance was on the back of increased occupa...
By Ngoni Shenjere | Published: 10 August 2017
THE country's largest platinum miner, Zimplats says the redevelopment of its Bimha Mine remains on schedule and expects to be back to full production by April 2018. The platinum producer has announced...
By Staff reporter | Published: 10 August 2017
FAZAK Africa says it plans to venture into hardware business as a way of staying afloat in business to counter the prevailing economic challenges. The company's managing director Mr Zak Hawa told Busi...
By Staff reporter | Published: 10 August 2017
DIVERSIFIED Bulawayo-based manufacturer, Arenel, says it will soon be producing syrups. Managing director, Mr Joshua Lepac said the production of six flavours of syrups was expected to start this mont...
By Staff reporter | Published: 10 August 2017
ZIMBABWE National Roads Administration (Zinara), through ZB Bank, is floating a $60 million bond to spruce up the country's road network, half of which was recently damaged by rains, ZB Financial Hold...
By Staff reporter | Published: 10 August 2017
The State Procurement Board (SPB) has awarded a $400 million tender for the revival of the National Railways of Zimbabwe (NRZ) to a consortium comprising Transnet and the Diaspora Infrastructure Devel...
By Staff reporter | Published: 10 August 2017
WRANGLING over chrome mining claims by artisanal miners in the Midlands Province is continuing unabated, with the Zimbabwe Small Miners Confederation (ZSMC) now threatening to appeal to President Robe...
By Staff reporter | Published: 09 August 2017
AGRIBANK has extended $10 million to finance the establishment of a fruit processing plant in Esigodini, Matabeleland South.The commissioning of the project, a brainchild of the late Vice President, J...
By Staff reporter | Published: 09 August 2017
A NUMBER of business and retail owners are dribbling tax authorities by linking point of sales machines (POS) to individual accounts to evade paying taxes.The unscrupulous dealers were duping the taxm...
By Staff reporter | Published: 09 August 2017
DESPITE the growing supply of cooking oil on the domestic market, producers are finding it difficult to tap into export markets due to un-competitiveness of the commodity.Oil Expressers' Association o...
By Staff reporter | Published: 09 August 2017
MEPRIN Founders and Engineers are seeking a bigger industrial space to match their growing production levels and positive export demand.The company began operations in 2000 as a small scale entity at ...
By Staff reporter | Published: 09 August 2017
STEWARD Bank has cut its interests rate to below eight percent and joined the bandwagon of institutions that offer mortgage facilities to clients for housing development.The bold move is likely to exc...
By Staff reporter | Published: 09 August 2017
STATE-OWNED agro-lender, Agribank and FBC are going into the market to raise $20 million for the 2017/18 agricultural cropping season.This development follows the permission by government last month f...
By Staff reporter | Published: 09 August 2017
FOREIGN-owned bank MBCA and the country's largest mobile network provider Econet Wireless Zimbabwe are finalising a deal which will see the bank integrate with the latter's mobile money platform EcoCa...
By Staff reporter | Published: 09 August 2017
Econet Wireless, the largest mobile network operator (MNO) in Zimbabwe has moved to enlarge its retail footprint and further widen its product and service distribution network by opening a new custome...
By Staff reporter | Published: 09 August 2017
A Harare magistrate has quashed criminal charges against Delta Beverages (Pvt) Ltd for selling liquor without an agent liquor licence.The multi national company was relieved of the charges after Harar...
By Staff reporter | Published: 09 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
