Mining companies operating in Zimbabwe and the main labor union in the industry have reached a deadlock in pay talks for 2014 after the workers group demanded that wages be more than doubled, two peo...
By Bloomberg | Published: 02 December 2013
Local dairy farmers are set to benefit from the setting up of a new $7 million milk processing plant in Kwekwe.The dairy plant, which has the capacity to process 3 million litres of milk products per ...
By Staff reporter | Published: 02 December 2013
Zimbabwe has increased the mandatory blending of ethanol with unleaded petrol from 10 percent (E10) to 15 percent (E10) with effect from last Saturday.Gloria Magombo, Zimbabwe Energy Regulatory Author...
By Staff reporter | Published: 02 December 2013
THE once-troubled national airliner, Air Zimbabwe (AirZim)'s star continues to shine after it was given a thumbs-up for promoting the growth of tourism in the country's tourist destinations, especiall...
By Staff reporter | Published: 02 December 2013
Lafarge Cement Zimbabwe last week announced that Johnathan Shoniwa, currently the managing director, will take over from Muchadeyi Ashton Masunda at the end of the year.Bulawayo born Masunda, who has ...
By Staff reporter | Published: 02 December 2013
Afrasia Kingdom Zimbabwe Limited (AKZL) shareholders have approved the group's $100 million capitalisation exercise despite initially raising concerns over the bank's bad loan book and name change.Spe...
By Staff reporter | Published: 02 December 2013
Global company Samsung Electronics will delay plans to establish a manufacturing plant in the country because of the limited variety of products and solutions offered in the country but will set up a...
By Business Reporter | Published: 02 December 2013
The future looks bright for Zimbabwe Stock Exchange-listed building and piping products manufacturer Turnall Holdings Limited with financial analysts predicting revenue and earnings growth.In its Nov...
By Staff reporter | Published: 02 December 2013
Aico Africa Limited is set for a top management shake-up as part of ongoing unbundling, with the chief executive and finance director expected to be on their way out.Chief executive Mr Pat Devenish a...
By Staff reporter | Published: 02 December 2013
Tetrad Holdings Limited intends to dispose of its 27 percent stake in agriculture and mining implements company Zimplow Holdings to raise capital for its banking division, Tetrad Investment Bank.The ...
By Staff reporter | Published: 02 December 2013
The government is set to review downwards the 15 percent sales tax on rough diamonds and to extend the tenure of diamond cutting and polishing licences as a way of promoting beneficiation as well as e...
By Staff reporter | Published: 01 December 2013
Shareholders in AfrAsia Kingdom Zimbabwe Limited (AKZL), the parent company of Kingdom Bank, on Friday voted for the repurchase of shares indirectly held by an investment vehicle linked to Nigel Chan...
By Staff reporter | Published: 01 December 2013
The Cotton Company of Zimbabwe will earn $50 million from the imminent unbundling of Aico Ltd, its parent company, with the amount set to be channelled towards recapitalisation.Cottco managing direct...
By Business Reporter | Published: 01 December 2013
Modern-day smartphones have been designed to be "smart". A smartphone is a clever gadget that is more than a phone.You can send and receive e-mail and access the web with ease. There is even a full k...
By Staff reporter | Published: 01 December 2013
Zimbabwe Stock Exchange listed platinum miner, Zimplats has earmarked $469 million for the opening of a new mine that is set to replace one of its three mines currently operating, a senior company off...
By Staff reporter | Published: 29 November 2013
Refurbishment of the New Zimsteel plant in Redcliff is progressing well with government promising operations will resume before the end of this year.Government says engineers working on the New Zimste...
By Staff reporter | Published: 29 November 2013
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By Securico | Published: 29 November 2013
ELECTRICITY users should brace for tough times as the national power utility Zimbabwe Electricity Transmission and Distribution Company (ZETDC) plans to hike tariffs barely three months after it slash...
By Staff reporter | Published: 29 November 2013
Zimplats yesterday said it held successful negotiations with government on the establishment of a refinery.Speaking on the sidelines of a tour of the Zimplats Mine in Ngezi by the Mines and Mining Dev...
By Staff reporter | Published: 29 November 2013
South Africa-based Pretoria Portland Cement (PPC) says it is finalising a feasibility study on the construction of a $200 million clinker production plant in Zimbabwe.The group, which owns local unit...
By Staff reporter | Published: 29 November 2013
Zimbabwe is willing to let foreign-owned platinum mining firms own majority shares in their local operations if they build a refinery in the country, the mines minister said on Thursday.The southern A...
By Reuters | Published: 29 November 2013
INTERNATIONAL diamond players, including Botswana registered company First Element Diamond Services (First Element), are flocking to Zimbabwe for opportunities to exploit the country's vast diamond de...
By businessdigest | Published: 29 November 2013
The Reserve Bank of Zimbabwe has made an about-turn on the issue of bank charges, giving banks the green-light to review their charges, effectively revoking a memorandum of understanding (MoU) with ba...
By Staff reporter | Published: 29 November 2013
MANAGEMENT changes are looming at cement producer Lafarge amid revelations incumbent managing director Mr Johnathan Shoniwa will be moved to chair the group with an unnamed appointee from Egypt replac...
By Staff reporter | Published: 29 November 2013
OLIVINE Industries is struggling to attract investors and its parent company, AICO Africa has been advised to sell its interest in the fast moving consumer goods firm even at a loss. AICO owns 51 perc...
By Staff reporter | Published: 29 November 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
