Agro-focused firm Chemco Holdings has been delisted from the Zimbabwe Stock Exchange with effect from today.Trade in Chemco shares was suspended in 2012 and shareholders felt that corrective actions f...
The Postal and Telecommunications Regulatory Authority of Zimbabwe says it is in the process of re-planning spectrum allocations to cater for 4G.4G is a mobile communications standard intended to repl...
Government is seeking partners in the treatment of the Kwekwe roasting plant calcine dump and the establishment of a facility to recover gold from refactory gold concentrates with the view to boost th...
ZIMBABWE has been ranked number 117 out of 148 countries graded for their capacity to exploit opportunities offered by the Information Communication Technology (ICT) sector. The southern African count...
Global Diamond Tenders, a Dubai-based company, hired by government to facilitate the sale of the country's diamonds at the Dubai Diamond Exchange (DDE) has only fully paid three of the seven diamond c...
Zimbabwe is exploring for new mineral deposits as the hard pressed government seeks to raise cash from the country's vast resources. Mines minister Walter Chidhakwa said new deposits would be used for...
Zimbabweans should be disciplined, courageous and skilful to overcome challenges facing the economy, newly-appointed Reserve Bank of Zimbabwe Governor John Mangudya has said. In his maiden statement a...
The Zimbabwe Energy Regulatory Authority (Zera) has moved in to regulate trade and distribution of liquefied petroleum gas (LPG).Government today announced that liquefied petroleum gas (LPG) retailer...
Zimbabwe has certainly moved a step backwards from August 2013.For some period during that month, Zimbabwe and Zambia were operating an open border system, albeit temporarily, for the 20th General Ass...
The Agricultural Marketing Authority has suspended the imposition of a poultry levy after stakeholders agreed that the move would cripple farmers who are already suffering from economic hardships. The...
JOHANNESBURG - World number two platinum producer Impala Platinum, the majority shareholder in Zimbabwe's platinum miner Zimplats, said yesterday that if a 15-week strike continued at its South Africa...
Listed properties firm Dawn plans to dispose three of its hotels for a total $18,5 million.The hotels up for sale are Beitbridge Express (BE), three-star Great Zimbabwe Hotel (GZH) and Hwange Safari L...
The country's property sector continued to be depressed in the first quarter as the effects of the liquidity crunch continue to bear down on prices and the quality of tenants.However, the situation is...
Listed bricks manufacturer Willdale Limited's shareholders unanimously approved a capital raising initiative of $3,25 million through a rights issue of preference shares at an EGM this morning.The sha...
Econet Wireless CE Douglas Mboweni told an analyst briefing yesterday that the group's future lies in broadband and overlay services (Ecocash) after recording a rare decline in revenue from the mainst...
Steward Bank, the wholly-owned subsidiary of Econet Wireless Zimbabwe, posted a loss of $26.3 million as the company continues restructuring away from traditional banking to focus on services related ...
Integrated financial services group Zimre Holdings Limited (ZHL) has recorded a profit before tax of $2,7 million in 2013, which is 40% less than the $4,4m it recorded in 2012.In its latest financial ...
London Stock Exchange listed multi-commodity exploration and development firm, Premier African Minerals Limited has announced a significant increase in contained tungsten metal deposits at its flagshi...
Clothes manufacturer and retailer Edgars says its targeting over 70 000 account holders in their renewed push for brand loyalty. This follows the successful re-launch of the Edgars Club loyalty progra...
London Stock Exchange listed commodity firm Premier African Minerals is in the process of securing debt finance for its tungsten mining project situated in the Kamativi tin belt in Matebeleland. The p...
Treasury has availed $5 million capital to the Ministry of Mines and Mining Development to enable the Mining Promotion Corporation to start operations. The newly formed MPC will ensure an increase in ...
ZIMBABWE's captains of industry and commerce are this week set to meet their European Union counterparts in South Africa as part of efforts to attract foreign direct investment into the country.Confed...
Industrial Development Corporation of Zimbabwe (IDCZ) has put its subsidiary Amtec Private Limited, up for sale.The Board of Motec Holdings, a subsidiary of IDC yesterday invited potential local and f...
Zimbabwe's diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport. That would be a 9,7 percent decline as the country is e...
Econet Wireless will pay a dividend of 1.29 cents per share to its 9000-plus shareholders for the first time in more than three years.The company, which has paid out more than $900million to the gove...