TELECOMS & TECHNOLOGY

Econet begins EcoCash expansion

Econet Wireless is undertaking a multi-million dollar expansion of its mobile money service, EcoCash, in response to its dramatic and unexpected growth since its launch in September 2011.The expansion...

By Own correspondent | Published: 25 September 2013

FINANCIAL SERVICES

Zibawu petitions Barclays

The Zimbabwe Banks and Allied Workers Union (ZIBAWU) has petitioned the Barclays bank to refrain from the alleged refusal to negotiate in good faith with employees on working conditions.The bank worke...

By Staff reporter | Published: 24 September 2013

TELECOMS & TECHNOLOGY

Telecel extends Mega Bonus Reloaded promotion

Telecel Zimbabwe has extended until the end of October its popular Mega Bonus Reloaded promotion, which was introduced in June this year and had been due to end on August 31. The Mega Bonus Reloa...

By Chengetai Chinembiri | Published: 24 September 2013

TELECOMS & TECHNOLOGY

Microsoft launches Office 365 in Zimbabwe

Microsoft Corporation yesterday announced the commercial launch of its latest offering, the Microsoft Office 365 in Zimbabwe. This is the newest cloud based service tailor made for all businesses of a...

By Staff reporter | Published: 24 September 2013

TELECOMS & TECHNOLOGY

NetOne disconects over 100 000 unregistered clients

State-owned mobile phone network provider NetOne said on Monday it has disconnected over 100 000 unregistered subscribers as it complies with a Postal and Telecommunications Regulatory Authority of Z...

By Staff reporter | Published: 24 September 2013

TRANSPORT & TOURISM

Indian investors to invest in Zimbabwe tourism

More than 36 Indian investors have expressed an interest in investing in the country's tourism industry, an incentives analyst has said.According to the analyst Mr Glen Byrom, who was part of a delega...

By Staff reporter | Published: 24 September 2013

MINING & RETAIL

Zimbabwe mining Indaba opens tomorrow

THE Zimbabwe Mining and Infrastructure Indaba opens in Harare tomorrow with the ultimate objective to further entrench the country's position as a premier destination for foreign direct investment.Acc...

By Staff reporter | Published: 24 September 2013

LANDS & AGRICULTURE

Zimplow secures $5m

Zimplow Limited will tomorrow seal a $5 million line of credit from Brazil in what is expected to boost volumes at the group's tractor manufacturing division.Group chief executive Mr Zondo Kumwenda sa...

By Business reporter | Published: 24 September 2013

INDUSTRIALS & ENERGY

Aaroh Mart opens doors in Bulawayo

AAROH Mart, the latest retail branch operated by Bulawayo business mogul Raj Modi, yesterday officially opened its doors to the public.The latest entrant in the supermarket retail business situated at...

By Staff reporter | Published: 24 September 2013

INDUSTRIALS & ENERGY

MARS workers strike

ABOUT 60 employees at a privately-owned emergency health service provider, Medical Air Rescue Services (MARS), staged a sit-in at the firm's Harare branch yesterday and handed in a petition demanding ...

By Staff reporter | Published: 24 September 2013

TRANSPORT & TOURISM

Emirates spread its wings across the Atlantic

Emirates, which flies daily from Harare to Lusaka and Dubai, is to launch a further transatlantic link with the start of flights to Boston from March 10, 2014.This will be the airline's 8th route into...

By Staff reporter | Published: 23 September 2013

INDUSTRIALS & ENERGY

ZETDC urges consumers to pay bills

Zimbabwe Electricity Transmission and Distribution Company has urged consumers to pay their bills to ensure uninterrupted supplies.ZESA slashed domestic debts by $160 for every household while writing...

By New Ziana | Published: 23 September 2013

INDUSTRIALS & ENERGY

NTS to focus on revenue growth

NTS Chief Operating Officer Tafadzwa Choto told the AGM on Friday that NTS will continue to focus on revenue growth buttressed by volume growth, focused cost management and management of collections, ...

By Staff reporter | Published: 23 September 2013

CONSTRUCTION & PROPERTY

Chinese take over Zimbabwe construction industry

PLAYERS in the construction sector have called on the new government to put in place policies and laws that protect local contractors and help revive the sector.Local contractors are facing stiff comp...

By Staff reporter | Published: 23 September 2013

MINING & RETAIL

Unki Platinum mine under investigation

South African-based producer of platinum group metals Anglo American Platinum (Amplats) has launched an investigation into its wholly owned local subsidiary Unki Platinum Mine over a multi-million-do...

By Staff reporter | Published: 23 September 2013

LANDS & AGRICULTURE

New strategy needed for GMB, says Sipepa-Nkomo

Samuel Sipepa-Nkomo, shadow minister of Agriculture, Land and Water Development, has urged government to give priority to other potential areas of investment than continuously pumping money into the...

By Staff reporter | Published: 23 September 2013

INDUSTRIALS & ENERGY

TN on recruitment drive

Household furniture manufacturer and retail company TN Harlequin Luxaire Limited has embarked on a recruitment drive to enrol agents that distribute its products countrywide. TN Harlequin chief execut...

By Staff reporter | Published: 23 September 2013

MINING & RETAIL

Mining companies stock market participation still low

The participation of mining companies on the ZSE is still low accounting for less than 2% of the total market capitalisation 5 years after the country introduced multi-currencies. Statistics from ...

By Staff reporter | Published: 23 September 2013

FINANCIAL SERVICES

Industry calls for joint credit bureau

Plagued by high non-performing loan and debtors books, banks and retailers are pushing for the creation of a credit bureau, businessdigest reported.This comes as it emerged banks and retailers are con...

By Staff reporter | Published: 20 September 2013

INDUSTRIALS & ENERGY

Pelhams to post a loss for the first half

Pelhams Chief Executive Middleton Chikowore told an AGM held yesterday that the group would post a loss for the first half as the season has been characterised by tightening liquidity and consequent s...

By Staff reporter | Published: 20 September 2013

MINING & RETAIL

Zimbabwe indigenisation haunts New Dawn

TORONTO-listed New Dawn Mining Corp says the economic and business climate in Zimbabwe continues to deteriorate and the risks to the company's assets and operations in Zimbabwe are increasing commensu...

By Tendai Bhamu | Published: 20 September 2013

MINING & RETAIL

New Dawn to hold Special Meeting of Shareholders

New Dawn Mining Corp has scheduled a Special Meeting of its Shareholders for October 31, 2013 to consider and, if thought advisable, approve special resolutions (the "Proposals") authorizing the Compa...

By Staff reporter | Published: 20 September 2013

TELECOMS & TECHNOLOGY

EcoCash expected to drive share value

ECONET Wireless Zimbabwe Ltd's mobile money transfer service EcoCash is expected to drive share value and company growth going forward, a top executive said.Econet's deputy finance director Roy Chiman...

By staff reporter | Published: 20 September 2013

MINING & RETAIL

BNC places 10% to creditors

Bindura Nickel Corporation shareholders have approved the conversion of some of the mining group's liabilities into equity in a move that will see the company placing shares translating to a 10% stake...

By Business reporter | Published: 20 September 2013

INDUSTRIALS & ENERGY

Meikles forced to retrench 55 workers

MEIKLES LIMITED is reviewing the trading model for its departmental retail unit, Meikles Stores, which has been forced to retrench 55 workers due to viability challenges.The bid to cut costs by reduci...

By Business reporter | Published: 20 September 2013

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