Zimbabwe property owners have decided to convert office space in cities to retail outlets in a bid to stay afloat, according to Africa Report.The report says that the property owners have been realisi...
By Staff reporter | Published: 12 March 2014
TSL Limited group Chief Executive Washington Matsaira told the AGM this afternoon that they are confident that they will continue to deliver a steady growth as they keep working to mitigate the impac...
By Staff reporter | Published: 12 March 2014
THE Bankers' Association of Zimbabwe (BAZ) said there is need to set up a Special Purpose Vehicle (SPV) to address the issue of increased non-performing loans (NPLs).Addressing the Parliamentary Portf...
By Staff reporter | Published: 12 March 2014
Fast food outlet Packers International, popularly known as Chicken Slice, is set to roll out new outlets this year as it continues on its expansion drive and spread outside Harare.As part of expansion...
By Staff reporter | Published: 12 March 2014
The Presidential Inputs Support Scheme will contribute significantly to agriculture surpassing production targets set in the economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Deve...
By Staff reporter | Published: 12 March 2014
Zimbabwe is facing "huge" external demand for chrome ore, renewing pressure on the government to relax a law that bans exports of the unprocessed material, Mines Minister Walter Chidakwa said.There ha...
By Staff reporter | Published: 12 March 2014
Zimbabwean banks are in negotiations with China and India for supply of the countries' currencies.This comes on the back of the Reserve Bank of Zimbabwe (RBZ)'s addition of four new currencies - Chin...
By Staff reporter | Published: 12 March 2014
INGWEBU Breweries plans to introduce a new product sometime this year in a bid to diversify its products and increase the market base.In an interview yesterday, Ingwebu managing director Prince Ndlov...
By Staff reporter | Published: 12 March 2014
Asset management companies in Zimbabwe are passive and often times neglect their role of raising alarm where listed companies make decisions which are not in the interest of investors, the Securities ...
By Business Reporter | Published: 12 March 2014
RESERVE Bank of Zimbabwe subsidiary Fidelity Refineries and Printers owes local gold producers about $50 million dating back to the hyperinflation era when the company stopped operating.RBZ Acting Gov...
By Tinashe Makichi | Published: 12 March 2014
ZIMBABWE's largest gold mining group Metallon Gold has once again suspended operations at its Redwing Mine in Penhalonga due to flooding and is considering engaging a contractor to dewater it.Metallon...
By Martin Kadzere | Published: 12 March 2014
Edgars Stores Limited will focus on cost control, more fashion, less price and a wider choice for customers to achieve profitable growth in FY14, group MD Linda Masterson told an analyst briefing toda...
By Staff reporter | Published: 11 March 2014
Government has closed its CBZ Bank (CBZ) account, a move the financial institution said will not affect its business.CBZ has since 2009 been acting as the State's bankers following the Reserve Bank of...
By Staff reporter | Published: 11 March 2014
Edgars Stores Limited reported a set of improved financial numbers showing an 8% growth in revenue to $67.7m. The Edgars chain was the biggest contributor to revenue at 80% while the Jet chain contrib...
By Staff reporter | Published: 11 March 2014
Zuva Petroleum owned by businessman and FBC Holdings group chief executive officer John Mushayavanhu has begun scouting for potential partners to operate its service stations in Bulawayo.Mushayavanhu ...
By Mernat Mafirakurewa | Published: 11 March 2014
LOCAL banks have raised concern over the Reserve Bank of Zimbabwe's directive compelling them to seek approval before raising charges or interest rates saying such a move was tantamount to unnecessary...
By Conrad Mwanawashe | Published: 11 March 2014
LIFESTYLE Holdings has defaulted on its obligation to pay out minority shareholders who opted for cash under an arrangement that involved issuing of new TN Harlequin International shares in exchange ...
By Staff reporter | Published: 11 March 2014
NewZim Steel (formerly Ziscosteel) is set to lose equipment worth millions of dollars at an auction to cover a debt accrued in a coal supply deal with Hwange Colliery Company. The auction will take pl...
By Staff reporter | Published: 11 March 2014
Telecel has gone into a partnership with the Harare City Council that will allow ratepayers to pay the City Council bills using telecash.Telecash is the mobile money transfer service launched recently...
By Staff reporter | Published: 10 March 2014
Zimbabwe should consider auctioning its diamonds in the country to reduce costs that it incurs through logistical arrangements to sell the gems in Antwerp, Belgium, an expert said on Friday.Sale of Ma...
By New Ziana | Published: 10 March 2014
Diamond miner, Anjin Investments says it is struggling to keep its operations running due to falling ore grades and recoveries at its concession in the Marange fields.A joint venture between China's A...
By New Ziana | Published: 10 March 2014
Mbada Diamonds says it has realised over $1 billion in sales revenue in nearly five years of operations in the Marange diamond fields in Manicaland Province.This is in spite of years of operating unde...
By New Ziana | Published: 10 March 2014
Diamond companies operating in Marange are gearing up to invest in machinery that will enable them to mine the deep seated conglomerate and kimberlitic diamonds following the depletion of the alluvial...
By Staff reporter | Published: 10 March 2014
Hunyani Holdings Limited is facing considerable pressure on margins and is performing below budget at operating profit level due to various factors such as competition and shrinkage of market, group M...
By Staff reporter | Published: 10 March 2014
NicozDiamond will focus on managing costs and maintaining a healthy bottom line in F14 as revenue growth is expected to be subdued in line with a downcast economic environment, managing director Grace...
By Staff reporter | Published: 10 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
