Government could still effect the ban on the export of unbeneficiated platinum next year when the ultimatum given to miners expires this year, if miners are slow to set up a precious metals refinery.T...
By Business Reporter | Published: 28 May 2014
Dairibord Zimbabwe Limited has unveiled a new product line to exploit an opportunity identified in the market and to increase the contribution of non-milk products to the group.The new product called ...
By Business Reporter | Published: 28 May 2014
Metallon Gold Zimbabwe is eyeing a potential listing on the Zimbabwe Stock Exchange as part of efforts to comply with the country's indigenisation laws.In a report, the group said it was liaising with...
By Staff reporter | Published: 28 May 2014
British American Tobacco Zimbabwe (BAT) said volumes in the first quarter of this year dipped by one percent as compared to last year.Managing director Lovemore Manatsa told journalist at the company'...
By Staff reporter | Published: 28 May 2014
Turnall MD John Jere told the AGM today that the cash model adopted by the company in 2014 as opposed to the credit sale model was met with resistance therefore affecting volumes although they firmed ...
By Staff reporter | Published: 27 May 2014
BAT performance remained flat with volumes roughly 1% below mainly due to difficult operating conditions, MD Lovemore Manatsa told the AGM today. "In terms of the update comparing with last year ...
By Staff reporter | Published: 27 May 2014
Meikles Hotel continues to garner top honours for its 5-satr Harare based property, most recently being named among the coveted 10 Best Luxury Hotels in Africa from luxury travel leaders Amerikanki. T...
By Staff reporter | Published: 27 May 2014
Sugar producer Tongaat Hulett says import tariffs introduced in Zimbabwe would benefit sales and prices in the next financial year. The group holds a 50.3% shareholding in Hippo Valley Estates while i...
By Staff reporter | Published: 27 May 2014
Global brewer SABMiller says the current economic crisis in Zimbabwe has affected the bottom-line of its subsidiary Delta Corporation. Alan Clark, SABMiller CE said in the year to March 2014 larger vo...
By Staff reporter | Published: 27 May 2014
Government has started the securitisation of minerals to secure external loans by directing diamond firms to deposit their gems with the Reserve Bank of Zimbabwe. Mines and Mining Development permanen...
By Staff reporter | Published: 27 May 2014
Government's review of the indigenisation and economic empowerment policy to facilitate sector-specific implementation is a major breakthrough as it ensures that Zimbabweans own 100% of their resource...
By Staff reporter | Published: 27 May 2014
Tetrad Holdings Limited (Tetrad) has received a $31 million recapitalisation boost from its shareholders.Its chairperson Miccah Moyo said the group recapitalised its subsidiaries with capital injectio...
By Staff reporter | Published: 26 May 2014
THE proprietor of Golden Grill Fast Food outlets in Bulawayo, Paul Evans, yesterday said he was an indigenous Zimbabwean who should not be subjected to the requirements of the Indigenisation and Econo...
By Staff reporter | Published: 26 May 2014
A third of banks have not yet complied with the Reserve Bank's minimum capital requirements, reflecting the fragility and limited capacity of banks to support efforts to turnaround the economy, a Rese...
By Golden Sibanda | Published: 26 May 2014
ZB Financial Holdings intends to sell its asset management and stockbroking units to focus on core business areas of banking and insurance, a company official has said.Spokesperson Ms Estar Toto last ...
By Staff reporter | Published: 26 May 2014
First Mutual Holdings Ltd has come up with measures to mitigate the low uptake of industrial space in its property division as the market suffers under liquidity challenges.The property sector has bee...
By BH24 | Published: 26 May 2014
Amalgamated Regional Trading Corporation will post a loss for the half to March 31, 2014 after total revenue for the period fell by 8 percent due to depressed consumer demand and liquidity challenges....
By Staff reporter | Published: 26 May 2014
Capacity utilisation in the manufacturing sector is expected to decline further this year as firms continue to operate under difficult conditions.Capacity utilisation in the manufacturing sector recor...
By Bh24 | Published: 26 May 2014
TEXTILE firm David Whitehead, is on course for partial re-opening with technicians expected to begin maintenance work at the Chegutu and Kadoma factories next week, an official said."Zesa Holdin...
By Business Reporter | Published: 26 May 2014
FBC Holdings group chief executive Mr John Mushayavanhu said the CASE Handbook is an invaluable resource for the business community.The handbook was launched in Harare on Wednesday, with FBC again its...
By Martin Kadzere | Published: 26 May 2014
Metallon Gold Zimbabwe is conducting a feasibility study at its Motapa gold mine in Bubi with the intention of reviving operations there.The mine closed in 1990.Metallon Gold acquired the Motapa minin...
By Staff reporter | Published: 26 May 2014
The Ministry of Home Affairs has taken over the licensing of copper traders to reduce smuggling, Parliament heard yesterday. Home Affairs permanent secretary Melusi Matshiya told the Senate Committee ...
By New Ziana | Published: 26 May 2014
THE National Social Security Authority is expecting a permanent certificate of occupation from Beitbridge municipality after submitting architectural designs and a report on the construction of its ho...
By Conrad Mwanawashe | Published: 26 May 2014
PRETORIA Portland Cement, Zimbabwe's largest cement firm, has raised its capital spending budget on expansion projects to about $280 million, a senior company official said.Chief executive Mr Ketso Go...
By Enia Nyakudzambara | Published: 26 May 2014
ZIMPLATS could soon begin partially processing its matte at the Selous-based base metal refinery once refurbishment is completed.Impala Platinum, which owns 87 percent shareholding in the country's la...
By BH24 | Published: 26 May 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
