ZAMBEZI River Authority (ZRA), a company which manages the water resources of the Zambezi River on behalf of Zimbabwe and Zambia, has secured $6 million from the World Bank for the updating of ...
By Staff reporter | Published: 05 December 2013
Zimbabwe's fertiliser industry says it requires $50 million to sustain operations for the 2013/2014 agricultural season.The industry is operating at an average of 40 percent capacity utilisation as ...
By Staff reporter | Published: 05 December 2013
Government has gazetted a new set of banking sector regulations that seeks to protect the interests of depositors with a view of increasing savings in the economy.According to Statutory Instrument 156...
By Staff reporter | Published: 04 December 2013
PG Industries issued a cautionary on Wednesday as the group said it was involved in negotiations which will have a material effect on the company. "Shareholders are advised that the Company is...
By Staff reporter | Published: 04 December 2013
The first step to public private partnership (PPP) is when companies realize that investing into the economy will not only create a better environment for their business but enrich the welfare of the ...
By Staff reporter | Published: 04 December 2013
THE tourism sector has applauded Air Zimbabwe for improving connectivity and contributing to an upsurge in tourist arrivals in the country especially in the resort town of Victoria Falls.The national ...
By Staff reporter | Published: 04 December 2013
THE Associated Mine Workers Union of Zimbabwe (AMWUZ) is demanding wages linked to the poverty datum line (PDL) in its 2014 collective bargaining negotiations with the Chamber of Mines. AMWUZ presiden...
By Staff reporter | Published: 04 December 2013
A LOCAL unit of South Africa-headquartered Standard Bank Group has rolled out a new sales tablet and application as the bank goes paperless to improve efficiencies, the bank has announced.The sales t...
By Staff reporter | Published: 04 December 2013
The Industrial Development Corporation's cement manufacturing unit, Sino-Zimbabwe, says it has increased its clinker production capacity by 40% to 700 tonnes per day after upgrading its plant at a cos...
By Staff reporter | Published: 04 December 2013
ZIMPOST says it has invested at least $3,1 million automating 60 post offices countrywide as it strives to modernise and increase efficiency in its services, the Herald reported.The computerisation sc...
By Staff reporter | Published: 04 December 2013
Global fuel company Puma Energy has acquired a significant shareholding in Redan Petroleum for an undisclosed amount. Puma Energy head of media relations Ms Victoria Dix said in an e-mailed statement ...
By Business Reporter | Published: 04 December 2013
The Government should consider introducing a 25 percent levy on milk imports to protect the local dairy sector, an industry player said on Friday. Zimbabwe consumes at least 10 million litres of milk ...
By New Ziana. | Published: 04 December 2013
MAURITIUS-based AfrAsia Holdings Limited (AfrAsia) has injected liquidity support to the tune of $10 million to Kingdom Bank Limited as part of strengthening the institution's financial position. AfrA...
By Business Reporter | Published: 04 December 2013
The Hospitality Association of Zimbabwe says most hotels and lodges in Victoria Falls are already fully booked for the festive season.With a few weeks to go before the country joins the rest of the w...
By Staff reporter | Published: 03 December 2013
African Export - Import Bank (Afreximbank) workshop on "Factoring as an Alternative Trade Finance Instrument in a Competitive World" ended with a call on African businesses to move massively into the ...
By Staff reporter | Published: 03 December 2013
ZIMBABWE and Mozambique have signed a Memorandum of Understanding (MoU) on tourism co-operation that will result in a dual marketing strategy for their products.The MoU was signed during the Meeting o...
By Staff reporter | Published: 03 December 2013
Telecel has introduced a Christmas Combo Special promotion for new customers, embracing 90 minutes free talk time, a 100 percent bonus every time airtime is loaded and Super Voice Bundles, which reduc...
By Mike Hamilton | Published: 03 December 2013
Meikles booked an H1 pretax profit of $37.2m, from a loss of $0.2m. The profit was boosted by non-trading income of $42.7m, from $3.1m. Revenue for the period was $190.3m, from $189.5m.Due to liquidit...
By Staff reporter | Published: 03 December 2013
Zimbabwe plans to sell at least half a million diamond carats worth approximately $37 million in Antwerp this week.Francis Gudyanga, the Mines ministry's permanent secretary, yesterday said preparatio...
By Staff reporter | Published: 03 December 2013
Diversified financial concern Tetrad Holdings Limited (Tetrad) is in negotiations with foreign investors to access credit lines and funds to recapitalise its flagship unit Tetrad Investment Bank (TIB)...
By Staff reporter | Published: 03 December 2013
Meikles Limited released a depressed set of results showing a worsening in the adjusted loss before tax (excluding non-trading income of $42.7m) to $5.5m.The poor performance was due to increased fin...
By Staff reporter | Published: 03 December 2013
The Bankers Association of Zimbabwe says reports that a whopping $700 million left the domestic banking sector to perceived safer offshore havens soon after the harmonised elections held on July 31, w...
By Business Reporter | Published: 03 December 2013
Mining companies operating in Africa are benefiting more from natural resources and remitting little in taxes and royalties to their host governments which is drawing back the value chain linkages th...
By Business Reporter | Published: 03 December 2013
FIXED telecommunications operator Tel-One has completed writing off more than $79 million from about $276 million that it is owed by its customers. In October, the parastatal said it would embark on ...
By Business Reporter | Published: 03 December 2013
The government has expressed concern over reports of exorbitant rentals and other charges being demanded by property owners and has challenged the operators to comply with the laws of the country.The ...
By Staff reporter | Published: 02 December 2013
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
