AIM-listed Africa-focused resources group, Mwana Africa Plc (Mwana), has appointed Yat Hoi Ning as its interim chairman.Ning, who takes over from Stuart Morris who retired last week Friday, will - wit...
By Staff reporter | Published: 22 June 2015
Zimbabwe's financial services now prefer lending to individuals in favour of risky corporate borrowers, the African Development Bank (AfDB) has said.In its March 2015 Monthly Report on Zimbabwe, the r...
By Staff reporter | Published: 22 June 2015
Zimbabwe's total gold deliveries surged by nearly 50 percent to 1 546,16 kilogrammes (kg) in March 2015, from 1 040,49 kg recorded in March 2014, figures from the African Development Bank (AfDB) revea...
By Staff reporter | Published: 22 June 2015
Listed hospitality concern African Sun Limited (ASL) recorded a profit of $850 519 in the six months to March 2015, compared to a loss of $1,4 million in the prior period, due to increased foreign tou...
By Staff reporter | Published: 22 June 2015
Zimbabwe tobacco farmers have so far earned nearly $430 million from the sale of 145,5 million kilogrammes (kg) of flue cured tobacco since the beginning of the current marketing season in March this ...
By Staff reporter | Published: 22 June 2015
Sugar producer, Tongaat Hulett Zimbabwe (Tongaat), says its domestic market sales for the year to March 2015 surged 109 percent to 309 000 tonnes from 148 000 tonnes in 2014 due to the introduction o...
By Staff reporter | Published: 22 June 2015
Zimbabwe must stop mortgaging minerals to secure loans but must negotiate deals more shrewdly to preserve future generations from bad decisions, a renowned Ghanaian economist said.Douglas Boateng, Afr...
By Staff reporter | Published: 21 June 2015
Listed financial services group First Mutual Holdings Limited (FMHL)'s operating profit surged by 1 090 percent to over $1 million in the first four months to April 2015 due to cost cutting measures a...
By Staff reporter | Published: 21 June 2015
Zimbabwe's largest mobile telecommunications company by subscriber base, Econet Wireless (Econet), will pay out a whopping $15 million to shareholders this year.This comes after the mobile giant regi...
By Staff reporter | Published: 22 June 2015
Mashonaland Holdings (Masholdings) says its property occupancies slumped by six percentage points to 79 percent in the half year to March 31, 2015, on the back of declining economic conditions in Zimb...
By Staff reporter | Published: 21 June 2015
London-listed Caledonia Mining Corporation Limited (Caledonia)'s expansion plans have been given a boost by an increase and upgrade in the gold resource at its Zimbabwean Blanket Mine (Blanket).This c...
By Staff reporter | Published: 21 June 2015
Listed short-term insurer NicozDiamond Insurance Limited (Nicoz)'s gross premium written (GPW) for the four months to April 2015 remained almost flat at $11,16 million compared to same period last yea...
By Staff reporter | Published: 21 June 2015
Zimbabwe Stock Exchange (ZSE)-listed retailer, OK Zimbabwe Limited (OK), says it is engaging foreign retailers for the manufacturing of in-shop brands to boost the group's revenues.Its chief operation...
By Staff reporter | Published: 21 June 2015
Zimbabwe's largest sugar producer, Tongaat Hulett, production declined by nine percent to 445 000 tonnes in the full year to March 2015 compared to 488 000 registered in the prior period due to low da...
By Staff reporter | Published: 21 June 2015
Moira Kambanje, 66, can now receive money from her daughter in South Africa, buy groceries, pay bills and also send money to her other child at a local university.She does this without even visiting t...
By Staff reporter | Published: 21 June 2015
The Zimbabwe Mining Development Corporation (ZMDC) has secured a foreign investor willing to inject $100 million in capital to revive the defunct Kamativi tin mine (Kamativi), deputy Mines minister Fr...
By Staff reporter | Published: 21 June 2015
Tourism operators in Victoria Falls are prepared to defend themselves in courts over non-payment of rates after the resort town's local authority increased them by an astronomical 650 percent, Zimbabw...
By Staff reporter | Published: 21 June 2015
Former Lobels chief executive - Ngoni Mazango - has joined rivals Innscor Africa Limited (Innscor) as chief operating officer for its bakery division, Business Live has established.Mazango, a seasoned...
By Staff reporter | Published: 21 June 2015
Murowa Diamonds (Murowa) is expected to resume full scale mining operations in a few weeks' time after it has finalised contracts of companies subcontracted to do work at the mine, deputy Mines minist...
By Staff reporter | Published: 21 June 2015
Beverages manufacturer Delta Corporation, (Delta), plans to spend nearly $50 million in capital projects aimed at buttressing its operating capacity.Matts Valela, Delta financial director told busines...
By Staff reporter | Published: 21 June 2015
London Stock Exchange-listed low-cost airline Fastjet has embarked on a recruitment drive as the company moves to establish operations in Zimbabwe."We are growing quickly and are on the lookout for ta...
By Staff reporter | Published: 21 June 2015
Zimbabwe tobacco farmers have so far earned $315 million from the sale of 112 million kilogrammes (kg) of the golden leaf since the beginning of this year's selling season in March.Figures released by...
By Staff reporter | Published: 21 June 2015
Zimbabwe National Farmers Union (ZNFU) says the decline in agriculture production is due to most farmers' lack of collateral.Edward Dune, ZNFU's executive director told Parliament this week that close...
By Staff reporter | Published: 21 June 2015
Zimbabwe's sole gold buyer, Fidelity Printers and Refiners (Fidelity), has reduced its minimum acceptance threshold for gold from licensed small-scale dealers from 10 to five grammes as the country mo...
By Staff reporter | Published: 21 June 2015
London-listed investment vehicle Masawara Plc (Masawara) recorded a 167 percent surge in profits to $16,1 million in the full year to December 2014 up from a loss of $10,8 million in the corresponding...
By Staff reporter | Published: 21 June 2015
Zimbabwean timber industry turns to imports 
ZEP extension faces pushback 
'Some very strange things are happening in China!' 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Zimbabwe named World's best country to visit in 2025 by Forbes 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
