Car assembler, Willowvale Mazda Motor Industries (WMMI), says its vehicles are not compatible with E15 fuel blend and does not warranty cars using such fuel should they develop engine or emission syst...
By Staff reporter | Published: 30 June 2014
Two ZB Financial Holdings companies have been let go by the group after low performance with no hope of clear sign of turning profits.Addressing the group's AGM Non-Executive Director Tendai Mafunda s...
By Staff reporter | Published: 27 June 2014
Bottled water and soft drinks manufacturer Schweppes Zimbabwe says its export business is now active and the company has lined up the Angolan and Democratic Republic of Congo as it spreads its wings i...
By Staff reporter | Published: 27 June 2014
Cottco Group Limited has recorded a significant $6,9 million profit less than it recorded the prior year and is now expecting to start seeing profits in two years.Head of finance Dacyl-Ray Rambanepasi...
By Staff reporter | Published: 27 June 2014
Zimbabwe's largest news media house Zimbabwe Newspapers (1980) Limited's re-capitalisation efforts are nearing full circle and the company expects an improved profitability in FY2014.Group chief execu...
By Staff reporter | Published: 27 June 2014
PIONEER Corporation Africa revenues for the five months to May 2014 were stagnant with the group's performance weighed down by poor performance at Pioneer Transport.Chief executive officer Mr Gary Smi...
By Conrad Mwanawashe | Published: 27 June 2014
A STRUGGLING commercial bank owned by transport minister Obert Mpofu has put most of its staff on unpaid leave as it teeters on the brink of collapse, risking sector wide malaise.According to Reuters ...
By Staff reporter | Published: 26 June 2014
Air Zimbabwe has slashed prices which has seen a reduction in airfares by more than half in its 'Winter price Chill' promotion.Air Zimbabwe on Thursday issued an advert for its promotional fare to Joh...
By Staff reporter | Published: 26 June 2014
Fidelity Life Assurance of Zimbabwe foresees little improvement in the value of their shares within the foreseeable future but remain hopeful of a better performance than last year.Fidelity Life mana...
By Staff reporter | Published: 26 June 2014
CONSTRUCTION concern Masimba Holdings turnover in the five months to May slipped 25% following a weak performance from the construction division whose turnover is down 33%. Addressing an Annual Gener...
By Staff reporter | Published: 26 June 2014
Tyre retailer National Tyre Services (NTS) has reported a subdued set of results for the year ended March 31, 2014 as revenues declined 11 percent from $17,5 million in 2012 to $15,7 million in the y...
By Staff reporter | Published: 26 June 2014
FBC Holdings has adjusted its plans to meet the Reserve Bank of Zimbabwe's $100 million capitalisation requirements and will no longer merge FBC Bank and FBC Building Society.Chief executive John Mus...
By Staff reporter | Published: 26 June 2014
ZIMBABWE is expecting more airlines to fly into the country following the successful hosting of the 9th edition Routes Africa Forum which ended on Tuesday.The forum was attended by over 350 delegates...
By The Herald. | Published: 26 June 2014
Zimbabwe Revenue Authority (Zimra) is proposing to lower import duty on finished clothes to reduce smuggling and increase tax collection.Gershom Pasi, the Zimra Commissioner General, this week told th...
By Staff reporter | Published: 25 June 2014
TEXTILE companies imported clothes worth about $2 million in the first quarter of this year rendering their textile factories redundant and making government's efforts to protect the manufacturing sec...
By Conrad Mwanawashe | Published: 25 June 2014
TOURISM and Hospitality Minister Engineer Walter Mzembi has castigated Air Zimbabwe for charging exorbitant fares which discourage growth of the airline as well as domestic tourism.Addressing a Press ...
By Patrick Chitumba | Published: 25 June 2014
TOURISM and Hospitality Industry Minister Engineer Walter Mzembi has said the tourism sector will in the next six years contribute double digit earnings to the country's economy.Addressing more than 3...
By Staff reporter | Published: 25 June 2014
ECONET Wireless has entered a partnership with multinational mobile phone manufacturer Apple and is now an exclusive provider of its products in Zimbabwe.The company has other partnerships with Huawei...
By Staff reporter | Published: 24 June 2014
Mobile phone company, NetOne is close to securing a $218 million loan from China, which will be used to finance its migration from 3G broadband to 4G, an official said on Tuesday.NetOne chief executiv...
By New Ziana | Published: 24 June 2014
THE country's biggest shoe manufacturer, Bata Shoe Company, is pushing for Government to ban the exportation ofraw hides which the Gweru-based company said was starving tanners of their basic raw mate...
By Staff reporter | Published: 24 June 2014
Econet Wireless is working expanding its 3G and 4G services to pave way for the introduction of an entirely Internet Protocol (IP) network which will enable the transmission of information between dev...
By Staff reporter | Published: 24 June 2014
State-owned mobile services provider, NetOne, is targeting to increase its subscriber base to three million people by the end of this year, an official said on Monday. NetOne has been lagging behind i...
By NewZiana. | Published: 24 June 2014
Africa's low-cost airline, Fastjet, will begin operating services between Tanzania and Zimbabwe in August as it expands its international route network across Africa. The airline will launch a twice w...
By News24. | Published: 24 June 2014
Retailer, TM Supermarket lost its bid to retain the Avondale branch premises, which it operated from for more than four decades after the Supreme Court threw out its appeal in a dispute with the landl...
By Staff reporter | Published: 24 June 2014
DAIRIBORD Zimbabwe targets to capture 25 percent of the traditional beverages market share by December spurred on by its new traditional Pfuko/Udiwo maheu product, a senior official has said. DZPL man...
By Staff reporter | Published: 24 June 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
