The government has assured Essar Africa that it will secure a loan to pay off Ziscosteel's $200 million domestic debt to accelerate resumption of work at the fallen steel giant.The government inherite...
By Staff reporter | Published: 17 March 2014
PLANS are underway to turn Ascot Shopping Mall into a one-stop shop as its owners aim to boost business at the centre, an official has said.The mall, along the Bulawayo-Johannesburg Road next to Holid...
By Staff reporter | Published: 17 March 2014
INFORMAL traders in Harare have said they have not yet cashed in on proceeds from tobacco sales this year as most farmers have been affected by low prices obtaining at the auction floors and are not k...
By Staff reporter | Published: 17 March 2014
GOVERNMENT says it has engaged the Development Bank of Southern Africa (DBSA) to provide $450 million for the rehabilitation of railways and procurement of rolling stock as a way of addressing some of...
By Staff reporter | Published: 17 March 2014
SMALL-scale miners have called on the government to come up with policies that promote their activities to boost mineral production in the country.In an interview, Zimbabwe Artisanal and Small-scale ...
By Staff reporter | Published: 17 March 2014
PG INDUSTRIES shareholders last Friday approved yet another capital raise coupled with a corporate restructure which is expected to turnaround the fortunes of the firms which has over the years seen a...
By Staff reporter | Published: 17 March 2014
Total credit to the private sector declined 2.3% to $3.56 billion in January from $3.65 billion in December with 84% of that amount going towards loans and advances. According to the Reserve Bank of Z...
By Staff reporter | Published: 17 March 2014
CAPS Holdings executive chairman Mr Fred Mutanda has made sensational claims that the Reserve Bank of Zimbabwe collapsed the operations of CAPS Pharmaceuticals after ordering delivery of "all stocks ...
By Staff reporter | Published: 17 March 2014
SUPPLIERS of telecommunications concern Econet Wireless are up in arms over a recent directive compelling them to open accounts with the mobile phone operator's bank, Steward Bank, businessdigest repo...
By businessdigest | Published: 14 March 2014
Government would rather halt all diamond mining in Marange than let firms operating there continue fleecing the country of millions of United States dollars through understating the real value of the ...
By Staff reporter | Published: 14 March 2014
QV Pharmacies has appealed to the High Court to overturn an order placing it under provisional judicial management arguing the order was "clandestinely" obtained. Mr Winsley Militala of Petwin E...
By Martin Kadzere | Published: 14 March 2014
Ginners and farmer organisations have opened negotiations for viable cotton prices to lure back farmers who had abandoned the crop.Most cotton farmers abandoned the crop because of poor prices and are...
By Staff reporter | Published: 13 March 2014
Tsingshan Iron and Steel Group of China is planning to establish an integrated stainless steel manufacturing plant in Zimbabwe, which will incentivise the company's involvement in infrastructure refur...
By Staff reporter | Published: 13 March 2014
EcoBank Zimbabwe Limited has recorded a $2,4 million profit before tax for the year ended 31 December 2013, a 220 percent rise from last year`s figure of $0.75million.The group's financial statement f...
By Staff reporter | Published: 13 March 2014
Chemco minority shareholders approved the proposal for TSL to take full control of the agro chemicals business during an EGM held this morning.The shareholders passed all the resolutions namely; incre...
By Staff reporter | Published: 13 March 2014
Fidelity Life will focus on the development of Southview Park in FY14 with proceeds from stand sales expected to drive the group's profitability to an estimated $30 million, MD Simon Chapereka told an...
By Staff reporter | Published: 13 March 2014
The protracted industrial action by mine workers in South Africa, the world's largest producer of platinum, could result in an upturn of platinum prices, the local mines body has said.Chamber of Mines...
By Staff reporter | Published: 13 March 2014
Zimbabwe's total gold earnings slumped 20 percent to $626 million last year from $783 million realised in 2012, latest Chamber of Mines (CoM) figures reveal.This comes as escalating production costs, ...
By Staff reporter | Published: 13 March 2014
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has revealed that NetOne's operating licence is not due for renewal this year, insisting the company still has three years o...
By Staff reporter | Published: 13 March 2014
Fidelity Life Assurance has anchored its growth on Southview Park, a property development project, confident it will deliver a $30 million windfall if all the 5 974 stands are sold. Southview Pa...
By Staff reporter | Published: 13 March 2014
The National Social Security Authority is racing against time in its bid to regularise the Rainbow Tourism Group Beitbridge hotel by next Friday, a deadline by which its temporary permit expires. The ...
By Staff reporter | Published: 13 March 2014
The Government will utilise the convergence of information communication technology experts in the country to finalise the draft ICT policy, a Cabinet Minister said on Tuesday.About 30 companies are e...
By New Ziana | Published: 12 March 2014
Cooking oil manufacturer Surface Investments has devised a new mechanism for funding contract farming that prevents side marketing, an official said on Tuesday.Surface chairman Narottam Somani told Ne...
By New Ziana | Published: 12 March 2014
Rio Tinto Plc, which has a 78 percent interest in the Murowa Diamond Mine near Zvishavane, has announced changes to its board.Anne Lauvergeon and Simon Thompson will join the boards of Rio Tinto plc a...
By BH24/Mining.com | Published: 12 March 2014
Tobacco prices in Zimbabwe, which relies on the crop as its biggest agricultural export earner, fell 16 percent from a year earlier, according to the Tobacco Industry and Marketing Board.Leaf prices ...
By Bloomberg | Published: 12 March 2014
PIC Director resigns after appointment error 
Botswana enforces new 24% local ownership rule 
'Some very strange things are happening in China!' 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Gold shatters $4,000 milestone 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
