THE interbank market will soon be operational amid indications banks will receive the facility agreements next week.The new Bankers Association of Zimbabwe (Baz) president, Sam Malaba said the Afrexim...
By Staff reporter | Published: 09 May 2014
Fidelity Life Assurance of Zimbabwe has received a major boost for its phase two Manresa housing development following the finalisation of the administration wrangle between two municipalities which c...
By Staff reporter | Published: 09 May 2014
The Imara Zimbabwe Fund declined 9% in April this year to $19,2 million compared to the previous month after share prices of its leading holdings slumped. In terms of share price moves over the month,...
By Staff reporter | Published: 09 May 2014
Gold deliveries to Fidelity Printers and Refiners, the country's sole buyer of the mineral, reached nearly four tonnes in four months to April this year, official statistics show. The deliveries from ...
By Staff reporter | Published: 09 May 2014
Government is establishing a diamond park in Harare for local companies to cut and polish gems, and also produce finished products, Mines and Mining Development Minister Walter Chidhakwa has said. In ...
By Staff reporter | Published: 09 May 2014
Econet will be launching Wi-Fi hotpots in a bid to ease congestion on the regular mobile broadband networks that use GPRS, Edge and 3G, TechZim reported. "We were tipped to this development by some su...
By Staff reporter | Published: 08 May 2014
Steward Bank posted a loss of $26,4 million for the year ended February 28, 2014 which it attributed to an on-going restructuring process.The bank said it incurred non-recurring operating expenditur...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Staff reporter | Published: 08 May 2014
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...
By Musah Gwaunza | Published: 07 May 2014
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...
By Musah Gwaunza | Published: 07 May 2014
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...
By Staff reporter | Published: 07 May 2014
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...
By Reuters | Published: 07 May 2014
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...
By Business Live | Published: 06 May 2014
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...
By Staff reporter | Published: 06 May 2014
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...
By Staff reporter | Published: 06 May 2014
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...
By Staff reporter | Published: 06 May 2014
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 ...
By Staff reporter | Published: 06 May 2014
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 ...
By Staff reporter | Published: 06 May 2014
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...
By Staff reporter | Published: 06 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
