Cigarette manufacturer, British American Tobacco Zimbabwe (BAT Zim) on Wednesday announced a 27 percent jump in after tax profit to $4,6 million for the half-year ended June 2017.The jump in profit, d...
By Staff reporter | Published: 26 July 2017
In a 2015 investors report, Pan-African stock analysts Imara Edwards Securities projected that Zimbabwe Stock Exchange-listed sugar processor Hippo Valley Estates Limited's share price was significant...
By Staff reporter | Published: 26 July 2017
The government has been advised to recapitalise the engineering sector and effectively utilise its broad-based skills to harness revenue for the potential growth of the industry.Lack of investment and...
By Staff reporter | Published: 26 July 2017
The government has appointed a new board at the Zimbabwe United Passenger Company (ZUPCO) tasked with the mandate to restore the viability of the parastatal into a vibrant and competitive entity.The p...
By Staff reporter | Published: 26 July 2017
AFTER years of going back and forth on Cold Storage Company (CSC)'s revival, government believes it has finally found that missing link which could do the trick - Command Livestock.Command Livestock i...
By Staff reporter | Published: 26 July 2017
DELTA Beverages, the country's largest beverages manufacturer is closing its Victoria Falls depot, as part of a rationalisation exercise, the company has confirmed.Delta corporate affairs director, Al...
By Staff reporter | Published: 26 July 2017
GOVERNMENT has dispatched a technical team to Karoi in Mashonaland West to explore gemstones, a Minerals Marketing Corporation of Zimbabwe (MMCZ) official has revealed."I want to touch briefly on the ...
By Staff reporter | Published: 26 July 2017
Simbisa Brands' bakery unit, Bakers Inn, says it has invested about $2 million in a new factory in the country's second largest city - Bulawayo - as it moves to drive its 450 000 loaves per day output...
By Staff reporter | Published: 26 July 2017
THE Zimbabwe Mining and Smelting Company, once the largest ferrochrome producer in the country and a force to reckon with in Africa, is slowly making its way up to the top again, rising from a debt ov...
By Staff reporter | Published: 26 July 2017
ZIMBABWE has generated about $22.6 million from 153 000 tonnes of chrome ore exported through toll arrangement since last year, an official has said.Speaking during a small-scale miners' conference in...
By Staff reporter | Published: 26 July 2017
THE country's biggest shoe manufacturer, Bata Shoe Company, plans to increase production of its Pata Pata and Sandak brands in response to increasing market demand.Bata last year sold about 1,2 millio...
By Staff reporter | Published: 26 July 2017
PRIVATE schools in the country are facing hard times with some of them coming up with drastic measures to save their institutions from collapse due to financial challenges.Petra Schools Trust in Bulaw...
By Staff reporter | Published: 26 July 2017
OVER 100 Wattle Company employees last week downed tools and footed a 40km journey from the company's timber estate in Vumba to its headquarters in Mutare in protest over non-payment of their salaries...
By Staff reporter | Published: 26 July 2017
Finance and Economic Development Minister Patrick Chinamasa has waived the backdated Value Added Tax (VAT) accruing on food and beverages offered by the tourism industry as part of packaged accommodat...
By Staff reporter | Published: 26 July 2017
The national flag carrier Air Zimbabwe and the Civil Aviation Authority of Zimbabwe's fight over passenger service fees is set to be a thing of the past with the two entities agreeing on the setting u...
By Staff reporter | Published: 25 July 2017
National Railways of Zimbabwe (NRZ) board and management must actively pursue the mineral claims in South Africa as they could provide an important source of leverage in sourcing funding, Parliament h...
By Staff reporter | Published: 25 July 2017
British American Tobacco said it is pleased to announce today the completion of the acquisition of the remaining 57.8% of Reynolds American the Company did not already own.The acquisition creates a st...
By Ngoni Shenjere | Published: 25 July 2017
With an aim to become a regional power distribution hub by 2021, Zimbabwe has announced that it will construct a 1,000km regional power line in 2018 in partnership with stakeholders from Mozambique a...
By Staff reporter | Published: 25 July 2017
Government's plans to privatise national carrier, Air Zimbabwe, may be in for a bumpy ride amid indications that the airline's major creditors are moving to stop the transition.Insiders who spoke to t...
By Staff reporter | Published: 25 July 2017
FINANCE minister Patrick Chinamasa yesterday described the current cash shortages as a mirage, saying the government was satisfied with the prevailing liquidity position obtaining in the country.Addre...
By Staff reporter | Published: 25 July 2017
MINES minister Walter Chidakwa has called on platinum producers to invest in refining facilities, to enable the country to draw maximum benefit from its mineral resources.In a speech read on his behal...
By Staff reporter | Published: 25 July 2017
NetOne can now recruit a substantive chief executive officer without glitches after the High Court yesterday dismissed with costs an urgent interdict application by the firm's ex-boss, Mr Reward Kanga...
By Staff reporter | Published: 25 July 2017
Zimbabwe's mobile network industry has grown to become a significant sector of the economy, generating close to $200 million in quarterly revenues and a sizable profits for the three network operators...
By Staff reporter | Published: 25 July 2017
ETHIOPIAN Airlines has taken a local travel agency, Haven Travel and Tours (Pvt) Ltd, to court on charges of failing to remit $30 500 in ticket sales.The airline, through its lawyers Kanokanga and Par...
By Staff reporter | Published: 25 July 2017
THE Grain Marketing Board is receiving an average 90 000 tonnes of maize a week with Government yesterday saying deliveries were fast approaching the 500 000 tonnes required for the Strategy Grain Res...
By Staff reporter | Published: 25 July 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
