BOTSWANA Stock Exchange listed Sefalana Holdings bid to buy starafrica corporation's 33 percent stake in Tongaat Hullet Botswana collapsed after the parties failed to agree on price, sources close to ...
By Staff reporter | Published: 03 April 2014
Stanbic Bank Zimbabwe weathered the harsh economic environment to record a $18,3 million profit after tax for the year ended December 31 2013 up from $17,2m for the comparative period in 2012.In a sta...
By Staff reporter | Published: 02 April 2014
Zimbabwe has earned $130,6 million from the sale of 41,78 million kilogrammes sold at an average price of $3.13 per kilogramme since the opening of this marketing season on February 19.The volume of t...
By Staff reporter | Published: 02 April 2014
ABC Holdings (BancABC) expect $100 million equity capital injection from Atlas Mara soon after the deal is concluded with the transaction expected to transform the Pan African banking group, CEO Doug ...
By Staff reporter | Published: 02 April 2014
BORDER Timbers, a forestry and timber processing company is looking at ways to restructure its balance sheet to further reduce finance costs and obtain improved tenures aligned to the cycle of its bus...
By Staff reporter | Published: 02 April 2014
Sino-Zimbabwe Cement Company is confident of meeting its targeted production capacity of between 700-1 200 tonnes per day following the completion of the first phase of the company's plant upgrade, a ...
By Business Reporter | Published: 02 April 2014
The Mobile Money Transfer Agents Association of Zimbabwe and Econet are heading for a possible clash over the latter's recent directive that each of its agent should register at least five new custome...
By Enia Nyakudzambara | Published: 02 April 2014
Barclays Bank Zimbabwe managing director Mr George Guvamatanga has stepped down as Bankers Association of Zimbabwe (BAZ) president after the expiry of his two-year tenure with his deputy Mr Sam Malab...
By Staff reporter | Published: 02 April 2014
Hwange Colliery Company Limited (HCCL) has admitted that it is struggling to pay salaries to its workforce but apportioned the blame on prioritising limited cash on capital expenditure.Radio Dia...
By Staff reporter | Published: 02 April 2014
Five out of six power generating units at Hwange Thermal Power Station are operating with an output of $518 mega watts, a development expected to reduce load shedding.The resuscitation of the fifth po...
By Staff reporter | Published: 01 April 2014
FIRST Mutual Holdings has obtained an asset management licence from the Securities Exchange and Commission of Zimbabwe as the group seeks to enhance profitability.The investment unit will start operat...
By The Herald | Published: 01 April 2014
Freda Rebecca plans to raise annual gold output from 60 000 ounces to 100 000 ounces in the next two years, managing director Mr Tonderayi Muganyi said. Mr Muganyi however did not disclose how much th...
By The Herald | Published: 01 April 2014
Zimpapers Newspaper Division again carried the group's performance in the year to December but losses in the commercial printing division and the broadcasting division saw the group restrict its...
By The Herald | Published: 01 April 2014
Minister of Tourism and Hospitality, Engineer Walter Mzembi, is the Zimbabwe Council of Tourism personality of the year.Minister Mzembi was awared the gong on the basis of the successful run of the Un...
By Staff reporter | Published: 01 April 2014
Navistar Insurance Brokers and Global Insurance Company says it is contesting the 'intended' withdrawal of its license by the Insurance and Pensions Commission (IPEC).Navistar managing director Vukile...
By Staff reporter | Published: 01 April 2014
Bakers Inn Shepperton Road branch in Southern Harare has met its bread production target of 400 000 loaves of bread per day after the installation of a new plant, a senior company official said. The ...
By The Herald | Published: 01 April 2014
The Zimbabwe Republic Police (ZRP) on Monday said it does not have the requisite equipment needed to search for gold from suspects, raising fears that large amounts of the mineral are being smuggled o...
By New Ziana | Published: 01 April 2014
Fast foods group, Innscor Africa is dangling a handsome voluntary retrenchment package to its bakery unit employees in a bid to trim down wage bill and operating costs.This comes amid growing frustra...
By Zim Mail | Published: 01 April 2014
Government has secured funding to help small-scale miners acquire equipment that will increase gold produced. Minister of Mines and Mining Development Walter Chidhakwa told members of the senate last ...
By BH24 | Published: 01 April 2014
Caledonia Mining Corporation's pre-tax profit halved in its full-year as falls in the gold price offset positive production rates.Following the implementation of indigenisation in September 2012, Cal...
By Staff reporter | Published: 01 April 2014
Bob Diamonds' Atlas Mara Co-Nvest is set to acquire for cash or shares, ABC Holdings shares representing 50.1% of the total shares issued at a price of 82c per share or the equivalent in Atlas Mara sh...
By Staff reporter | Published: 31 March 2014
Pioneer Corporation's revenue is expected to increase by at least $21 million in 2014 after the incorporation of the business assets and liabilities of Unifreight Limited in December 2013, group actin...
By Staff reporter | Published: 31 March 2014
The successful courting of an investor by Allied Bank Limited will have a significant bearing on its operations and continuation as a going concern.Allied Bank is among seven banks being monitored by ...
By Staff reporter | Published: 31 March 2014
Listed engineering firm ZECO Holdings has remained stuck in the red after posting a loss of $3,3 million for the year ended December 31 2013 due to high operating costs.The $3,3 million loss was the s...
By Staff reporter | Published: 31 March 2014
Hwange Colliery Company experienced a huge dive in profits as the company continues to sag under huge debts which it is failing to pay off.For the year to December 31 2013 the company recorded a loss ...
By Staff reporter | Published: 31 March 2014
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
