Beverages manufacturer Delta Corporation (Delta) has warned of lower profits for the full year to March 2015, citing "changes in the sales mix and the deliberate strategies to preserve volumes".Delta ...
By Staff reporter | Published: 21 June 2015
Zimbabwean mobile operators' revenues in 2014 tumbled by 18 percent to $907,3 million from $1,1 billion recorded prior year on the back of a weakening economy and lower disposable incomes.Statistics r...
By Staff reporter | Published: 21 June 2015
The Zimbabwe National Statistics Agency (Zimstat) says 30 100 workers lost their jobs in the mining and manufacturing sectors last year."There has been a decline in the number of people employed in th...
By Staff reporter | Published: 21 June 2015
Zimbabwe's platinum earnings slumped 11 percent to $495 million last year from $554 million realised in 2013 due to depressed global platinum prices, latest Chamber of Mines (CoM) figures reveal.The r...
By Staff reporter | Published: 21 June 2015
Tobacco farmers have so far earned $75 million from the sale of 28,4 million kilogrammes (kg) of the golden leaf since the opening of the 2015 selling season last month.Figures released by the Tobacco...
By Staff reporter | Published: 21 June 2015
A high level team from the European Investment Bank (EIB) is in Zimbabwe to assess the economic situation in the country, European Union (EU) Ambassador Philippe Van Damme has said.Van Damme told busi...
By Staff reporter | Published: 21 June 2015
Meikles Limited (Meikles) says it is proceeding with its $50 million lawsuit against the Zimbabwe Stock Exchange (ZSE) after talks of reconciliation between the two parties reached a deadlock.In an up...
By Staff reporter | Published: 21 June 2015
Benefit Washaya has been appointed as the substantive chief executive of listed financial services group NMB Zimbabwe Holdings.Washaya, whose appointment is effective from April 1, 2015, has been runn...
By Staff reporter | Published: 21 June 2015
Malawian Airlines plans to capitalise on the southern African region's thriving tourism sector by introducing a connecting flight between Lake Malawi and Victoria Falls.Civil Aviation Authority of Zim...
By Staff reporter | Published: 21 June 2015
Zimbabwe's gold production went up by nearly 20 percent from 926,79 kg in January 2014 to 1 111,62 kg in January this year, statistics from the Africa Development Bank (AfDB) shows.In its monthly econ...
By Staff reporter | Published: 21 June 2015
Zimbabwe's tobacco sales have declined by 27 percent to $60 million since the opening of the 2015 selling season last month compared to $81 million recorded in the same period last year due to lower p...
By Staff reporter | Published: 21 June 2015
Tetrad Investment Bank's future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution's fate.At the last meeting hel...
By Staff reporter | Published: 21 June 2015
China continues to dominate the country's tobacco exports after the Asian country snapped up 19,4 million kilogrammes (kg) worth $167,6 million out of $218 million earned by Zimbabwe so far.Statistics...
By Staff reporter | Published: 21 June 2015
Collapsed Allied Financial Holdings (AFH) former chief executive Terence Mukupe has turned to politics and is eyeing the Harare East parliamentary seat under the Zanu PF ticket.Mukupe is expected to l...
By Staff reporter | Published: 21 June 2015
Premier African Minerals (Premier) says it remains on course to start its first tungsten production in Zimbabwe by June this year.George Roach, Premier chief executive, said the mining firm has starte...
By Staff reporter | Published: 21 June 2015
Zimbabwe's manufacturing industry is bleeding to death after the sector contracted by a negative 4,9 percent in 2014, latest statistics from the central bank show.In its quarterly economic report rele...
By Staff reporter | Published: 21 June 2015
Asian tourist arrivals to Zimbabwe has declined by 19 percent to 42 798 in 2014 from 52 959 recorded in 2013 despite the country's aggressive Look East policy, latest tourism statistics show.Figures r...
By Staff reporter | Published: 21 June 2015
Hwange Colliery Company Limited (HCCL) is set to acquire new coal concessions in a move aimed at increasing the life-span of the group's mines and attract new investment.HCCL chairman Farai Mutamangir...
By Staff reporter | Published: 21 June 2015
Blanket Mine (Blanket) gold production declined to 41 771 ounces in 2014 from 45 527 ounces registered in 2013 due to lower head grade.Steve Curtis, chief executive of Caledonia Mining Corporation (Ca...
By Staff reporter | Published: 07 June 2015
Zimbabwe Stock Exchange-listed agro-industrial concern, Zimplow, is set to dispose more non-core assets in the coming year as the group seeks to restructure debts and focus on its primary business.Gro...
By Staff reporter | Published: 07 June 2015
African Sun Limited (ASL) chief executive Shingi Munyeza has resigned with immediate effect, as private equity firm Brainworks Capital Management (BCM) plans a total takeover of the listed hospitality...
By Staff reporter | Published: 07 June 2015
Standard Chartered Bank Zimbabwe Limited (Stanchart) is embarking on a restructuring exercise in line with its parent company's - Standard Chartered Plc - review of its global branch network.Samuel Ru...
By Staff reporter | Published: 07 June 2015
Construction firm Masimba Holdings Limited (Masimba) is seeking regulatory approval to unbundle its contracting and manufacturing businesses into two separately listed companies.Greg Sebborn, Masimba ...
By Staff reporter | Published: 07 June 2015
Zimbabwe Stock Exchange-listed NMB Zimbabwe Holdings (NMBZ) has registered a $1,6 million profit after tax in the full year to December 31, 2014, up from a loss of $3,3 million recorded in 2013.Tendai...
By Staff reporter | Published: 07 June 2015
National airline Air Zimbabwe (AirZim) has so far realised nearly $40 000 from commercialising its technical and engineering services.AirZim acting chief executive, Edmund Makona, said after investing...
By Staff reporter | Published: 07 June 2015
Court rebukes RBZ, lifts US$7m freeze 
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 
Court ruling exposes deep cracks in Zimbabwe's gold trade 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
