Zimbabwe's 2013 gold deliveries went down 6.02% to 12 663.39kg from 13 474.43kg in 2012. In a January 2014 monthly economic review, the African Development Bank (AfDB) said the 2013 output was way bel...
By Staff reporter | Published: 07 March 2014
Impala platinum Holdings (Implats) says its Zimbabwean operation, Zimplats, is set to spur the group's growth forecasts despite economic and political shortcomings. This comes as the South Africa-base...
By Staff reporter | Published: 07 March 2014
St Anne's Hospital, a subsidiary of pharmaceutical group Caps Holdings, could become a subject of a hostile takeover bid by "a suitor" said to be linked to its former landlord following the expiry of ...
By Staff reporter | Published: 07 March 2014
The sale of prepaid electricity tokens through state-owned enterprises has failed to take-off amid reports that PowerTel and its technical partner E-Solutions are struggling to provide a solution for ...
By Staff reporter | Published: 07 March 2014
CBZ Bank has lost $600 000 after a tobacco auction floor it advanced the money as an overdraft facility went into liquidation before it settled the debt. The overdraft facility extended to Millennium ...
By Staff reporter | Published: 07 March 2014
NMB announced the appointment of Ben Zwinkles representing AfricInvest, Cheikh Ndiaye representing the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. and Deepak Malik representin...
By Staff reporter | Published: 07 March 2014
Rio Tinto has announced the dates of its first rough diamond tender of 2014, which will be held in Israel and Antwerp from March 9 to 28.The tender will offer 124 lots from the Argyle (Australian), Di...
By Staff reporter | Published: 06 March 2014
The Cotton Company of Zimbabwe (Cottco) expects production of the crop to rise this year as more farmers utilise the communication facility that it introduced to relay technical information.Cottco int...
By New Ziana | Published: 06 March 2014
Zimbabwe Stock Exchange listed firm National Foods Holdings Ltd says it will invest $5,3 million for capital expenditure projects to boost capacity.In a statement accompanying the financial results fo...
By Staff reporter | Published: 06 March 2014
Colcom Holdings Limited group has declared an interim dividend of US0,4c per share after posting a 86 percent increase in profit after tax for the six months to December 31 2013.In a statement, Colcom...
By Staff reporter | Published: 06 March 2014
Diversified group Innscor Africa Limited plans to consolidate its bakery operations in Harare due to a decline in demand.Innscor board chairman David Morgan said bread production would be done at th...
By Staff reporter | Published: 06 March 2014
The contract farming arrangement between the Grain Millers Association of Zimbabwe and the Bakers Association has failed due to "poor long-term commitment".GMAZ president Tafadzwa Musarara told the in...
By Staff reporter | Published: 06 March 2014
Lafarge's full year revenue is expected to improve by 10% compared to 2013 and $7 million will be spent on capital expenditure during the year to improve plant efficiencies, finance director Far...
By Staff reporter | Published: 06 March 2014
Econet Wireless Zimbabwe has distanced itself from an alleged row involving agents for its mobile money transfer, saying the company never had "exclusive contracts" with any of its dealers. Telecel, w...
By Staff reporter | Published: 06 March 2014
HWANGE Colliery Company Limited (HCCL), the country's largest coal miner, is to increase output from 150 000 tonnes to more than 450 000 tonnes by end of this month, The Financial Gazette's Companies ...
By Staff reporter | Published: 06 March 2014
AN executive with power utility, ZESA Holdings, is embroiled in a multi-million dollar scandal in which he allegedly authorised a company called Revma to supply a prepaid billing platform and meters w...
By Staff reporter | Published: 06 March 2014
Samsung Africa Electronics (Samsung) says it will need to gain trust in government before optimally investing in Zimbabwe.The electronics group - targeting a $10 billion investment in Africa by 2015 -...
By Staff reporter | Published: 06 March 2014
Zimbabwe is among 10 least attractive mining investment destinations, ranking 106 out of 112 countries, according to the latest Fraser Institute survey.Among the 10 lowly- rated jurisdictions, the Can...
By Staff reporter | Published: 06 March 2014
An unnamed Mauritius Stock Exchange-listed company is set to inject $30 millionn for a controlling stake in Allied Financial Holdings, the parent company of financial services entity, Allied Bank. The...
By Staff reporter | Published: 06 March 2014
Mwana Africa says it has achieved major milestones in terms of operations and the financial performance of its Zimbabwe subsidiaries and this is reflecting in the group's share price. The London Alter...
By Staff reporter | Published: 06 March 2014
Mobile telecommunications company Econet Wireless on Tuesday launched a platform that provides free access to over 50 educational websites.The company, which has invested millions in support of educat...
By New Ziana | Published: 05 March 2014
ZSE-listed Innscor Africa Limited has transferred its share transfer secretarial services to Corpserve Registrars Limited.The change is with effect from March 1 2014. A share transfer secretary is res...
By Staff reporter | Published: 05 March 2014
Zimplow CE Zondi Kumwenda told an analysts briefing today that they are pleased by the group's structure which emerged after the restructuring last year and they are "now focused on the businesses the...
By zfn | Published: 05 March 2014
Truworths' in-store card which was launched in October 2013 has boosted the group's sales and contributed to cash generation, CE Themba Ndebele told an analysts briefing yesterday.Retail sales and gro...
By Staff reporter | Published: 05 March 2014
CABS says it will lend $100 million in mortgaging financing this year and has doubled the repayment period in a boost for the property sector.Responding to questions from NewsDay, CABS managing direct...
By Staff reporter | Published: 05 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
