Hwange Colliery Company Limited has denied that it retrenched its workforce that took the company for arbitration seeking to recover severance packages amounting to more than $1,2 million. About 16 wo...
By Staff reporter | Published: 13 May 2014
Zimbabwe's cotton production is estimated to increase by 31 percent this year due to the good rains received in most parts of the country, the growers' association said yesterday. Output for the seaso...
By Staff reporter | Published: 13 May 2014
RioZim Limited has floated a tender, seeking bids for contract mining at its Cam and Motor gold mine in Kadoka. "Tenders are invited from suitable and interested bidders from suitable and interested b...
By Staff reporter | Published: 13 May 2014
Virginia tobacco sales have topped the $400 million mark with at least $420,6 million having been sold so far under both the auction and contract systems, representing an 8 percent increase from the $...
By Staff reporter | Published: 13 May 2014
The Victoria Falls Safari Lodge, the flag ship of Africa Albida Tourism in Zimbabwe, says it will not renew its 20-year-old marketing and technical services agreement with Three Cities which expires n...
By Staff reporter | Published: 12 May 2014
Telecel has introduced a video calling service that allows prepaid subscribers with video calling capable handsets to make video calls to other prepaid Telecel subscribers.Video calling, which is avai...
By Staff reporter | Published: 12 May 2014
Cimas Medical Aid Society's revenue for the year ended 31 December 2013 surpassed the $100 million mark to reach $110,4 million, an increase of 12,7 percent over the 2012 figure of $98 million.The soc...
By Staff reporter | Published: 12 May 2014
The Meikles group has sent one of its directors and senior manager for TM Supermarkets, Bisset Chimhini on suspension pending disciplinary hearing for violating procurement procedures. Chimhini, ...
By Staff reporter | Published: 12 May 2014
Mobile communications behemoth, Econet Wireless Zimbabwe says it will soon diversify into road construction, in a bid to improve communication channels and support to the community, its chief executiv...
By Staff reporter | Published: 12 May 2014
Zimbabwe is courting China to upgrade the Preferred Destination Agreement (PDA) to a Memorandum of Understanding (MoU) before year end to ensure that the Asian country fulfill its pledge to make Zimba...
By Staff reporter | Published: 12 May 2014
Makaziwe Mandela, the eldest daughter of the late South Africa president Nelson Mandela has resigned from Steward Bank's Board after being nominated to sit on the board in July 2012 after Strive Masiy...
By Staff reporter | Published: 12 May 2014
Meikles Limited's retail arm, Meikles Mega Market intends to make forays into the lower end of the market by setting up 8 additional retail branches across all cities in the country. The retail unit ...
By Staff reporter | Published: 12 May 2014
Finance Minister Patrick Chinamasa has instructed Agribank to first seek local partners to recapitalise the bank before considering bringing in foreign investors. Agribank CE Sam Malaba said the...
By Staff reporter | Published: 12 May 2014
Steward Bank last week launched a suite of innovative Diaspora Banking products targeted at Zimbabweans living, working or studying abroad. The product suite was unveiled by Steward Bank CE Kwanele Ng...
By Staff reporter | Published: 12 May 2014
CBZ Holdings has begun work on the $18 million housing project in Gweru. Laura Gwatiringa the group executive Marketing said the first phase which involved putting up the sewer system, water reticulat...
By Staff reporter | Published: 12 May 2014
Government will set up a $100 million credit facility for small scale miners to support them with equipment and expertise to improve viability. Mines Minister Walter Chidhakwa said the facility is als...
By Staff reporter | Published: 12 May 2014
The Diamond Technology Centre in Mt Hampden is set to open in June. Chair of the centre, Lovemore Kurotwi, said that "the country is set to benefit immensely from the project with the creation of 100 ...
By Staff reporter | Published: 12 May 2014
Government has gazetted regulations empowering local diamond companies to grade, cut, polish, crush and process the stones as well as sell them to international buyers. This is in line with the Minera...
By Staff reporter | Published: 12 May 2014
Tobacco sales have continued to increase since the beginning of the marketing season inching close to the $400 million dollar mark as the country's 180 million kg target draws closer.According to figu...
By Musah Gwaunza | Published: 09 May 2014
Zimbabwe's leading health insurance organisation CIMAS's revenues for FY2013 reached $110,4 million.The rise in revenue, which was up 12,7 percent from the 2012 figure of $98 million, was driven by gr...
By Musah Gwaunza | Published: 09 May 2014
Essar Africa Holdings Limited will release more than $450 million to clear most of NewZim Steel's (formerly Zisco Steel) debt and pave the way for the operationalisation of the company.In addition to ...
By Rumbidzayi Zinyuke | Published: 09 May 2014
The World Bank has stressed the need for the country to prioritise prudent fiscal policies and the strengthening of financial supervision of the local banking sector.In a presentation during the recen...
By Staff reporter | Published: 09 May 2014
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 es...
By BH24 | Published: 09 May 2014
LAST Wednesday's closure of Bhadella Wholesalers in Mutare, which had been operating in the eastern border city for more than eight decades, has been met with mixed feelings by customers and various s...
By Abel Zhakata | Published: 09 May 2014
THE Chamber of Mines and the Associated Mine Workers Union of Zimbabwe (Amwuz) have agreed a 5% increase in wages for 2014, ending protracted wage negotiations of more than six months.The agreement is...
By Staff reporter | Published: 09 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
