Meikles Centar Mining has shelved plans to venture into platinum mining following the withdrawal of a prospective investor who had shown interest in the venture, a company official said.The mining com...
By Staff reporter | Published: 07 July 2014
Quest Motors does not require a capital injection but rather Government support through the purchase of the company's wide range of vehicles.Quest Motors Manufacturing Engineering Manager Mr Ezekiel M...
By Staff reporter | Published: 07 July 2014
RAINBOW Tourism Group (RTG) says it has set aside at least $400 000 to refurbish the Bulawayo Rainbow Hotel.The refurbishment follows similar exercises at Rainbow Towers and the Kadoma Hotel and Confe...
By Staff reporter | Published: 07 July 2014
Quest Motors Manufacturing (Quest) says Zimbabwe must ban car imports.The group - with capacity to produce 105 cars per day and 100 buses monthly - said government should shift its policy towards prom...
By Staff reporter | Published: 04 July 2014
Contract tobacco continues to trickle in as overall sales reach $655 million ahead of the commencement of mop-up sales on July 15.Latest figures from the Tobacco Industry Marketing Board (TIMB) show t...
By Staff reporter | Published: 04 July 2014
The Postal and Telecommunications Regulatory Authority of Zimbabwe should use the Universal Services Fund to develop ICT knowledge in under-serviced areas and circumvent the delays in putting up passi...
By Staff reporter | Published: 04 July 2014
ESSAR Africa Holdings has begun operations at Zisco and is engaging creditors to work on a repayment plan while it waits for the construction of a new iron and steel plant in 24 months, Industry and C...
By Staff reporter | Published: 04 July 2014
A NUMBER of investors have shown interest in CAPS Holdings, but the pharmaceutical company is caught up in numerous court cases, Industry and Commerce minister Mike Bimha has said.At its peak, CAPS Ho...
By Staff reporter | Published: 04 July 2014
GOVERNMENT is considering a proposal to hive-off a $39,8 million legacy debt from the Infrastructure Development Bank of Zimbabwe (IDBZ) balance sheet to give the institution room to mobilise resource...
By Staff reporter | Published: 04 July 2014
MOBILE network operator Telecel Zimbabwe has embarked on a fibre deployment project which will see the company laying its own optical fibre cable to avail more high capacity data provisioning for the ...
By Staff reporter | Published: 04 July 2014
Up to five Zimbabwean banks are "ill", but this will not have an impact on the overall sector due to their small size, Finance minister Patrick Chinamasa said yesterday, without naming the stressed l...
By Staff reporter | Published: 04 July 2014
The Reserve Bank of Zimbabwe (RBZ) says it has registered 153 micro-finance institutions since January this year after being satisfied with their capitalisation levels.In a report for micro-finance in...
By Staff reporter | Published: 04 July 2014
SLICE Pizzeria, a new food outlet in Bulawayo, has introduced a new brand of pizza baked in fire ovens to fill a niche of the market share.The proprietors of the food outlet, Xolani Dube and his wife ...
By Staff reporter | Published: 04 July 2014
CABS has suspended disbursement of monies to the Youth Fund due to the high rate of default on re-payments.CABS managing director Kevin Terry told a Parliamentary Portfolio Committee on Youth, Indigen...
By Staff reporter | Published: 04 July 2014
MEIKLES Limited, a leading retail and hotel group, is in the process of acquiring a 51% shareholding in a group of gold mines in the Matabeleland area valued at $3 million, an official has said.Accord...
By Staff reporter | Published: 03 July 2014
THE average ratio of non-performing loans (NPL) to total advances rose marginally in three months to March as the weak economy militated against borrower's ability to repay.However in spite of this, b...
By Staff reporter | Published: 03 July 2014
THE Insurance and Pensions Commission (IPEC) has revealed that only 12 of the 25 licensed insurance companies have complied with the minimum capital requirement of $1,5 million by the end of last mont...
By Walter Muchinguri | Published: 03 July 2014
THE High Court has ordered Altifin Insurance to pay the Cotton Company of Zimbabwe about $117 000 plus interest which arose from an insurance claim raised by the cotton producer.High Court Judge Justi...
By Staff reporter | Published: 03 July 2014
The Reserve Bank of Zimbabwe (RBZ) says mobile banking is an important driver of transactions in the financial sector as it caters for millions of people who do not have accounts.RBZ Governor, Dr John...
By Staff reporter | Published: 03 July 2014
Telecel Zimbabwe's mobile money transfer system, Telecash, has handled $15 million since its inception early this year as the company seeks to increase its visibility in the mobile money space.The loc...
By Staff reporter | Published: 03 July 2014
The strict regulations imposed by the World Health Organisation (WHO) against the tobacco industry have caused an outcry for fairness and consideration by the international tobacco community.A meeting...
By Staff reporter | Published: 03 July 2014
ZB Financial Holdings says it is looking for looking for "third party" investors for its banking arm in a bid to meet the Reserve Bank of Zimbabwe's comprehensive re-capitalisation requirements.All co...
By Staff reporter | Published: 03 July 2014
AIM-listed multi-commodity resource development company African Consolidated Resources (ACR) has extended the date for payment of the outstanding consideration of $7,5 million for the purchase of Falc...
By Staff reporter | Published: 03 July 2014
Telecel Zimbabwe says mobile phone companies are being prejudiced of potential business and revenue by the high prevalence of traffic refilling.General manager Angeline Vere on Monday appealed to gove...
By Staff reporter | Published: 02 July 2014
A senior government official has complained over the way banks are handling depositors monies particularly bank charges, which he said were high and not justified.Addressing delegates at the launch of...
By Staff reporter | Published: 02 July 2014
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
