BROKERAGE firms have lost nearly $1 million since dollarisation due to fraud resulting from weak manual systems and lack of sound internal controls on the Zimbabwe Stock Exchange (ZSE), the country'...
By Staff reporter | Published: 13 November 2013
LOCAL fuel retailer Redan Petroleum plans to sell 60 percent stake to Puma Energy, but the deal might face regulatory hurdles as the proposed shareholding structure would exceed the foreign shareholdi...
By Staff reporter | Published: 13 November 2013
Local agro start-up company, Remote Livestock Marketing System has done transactions worth US$3 million this year through its online livestock marketing platform, a company official has said. The comp...
By Business Reporter | Published: 13 November 2013
ZSE-listed brick maker Willdale is reportedly contemplating leasing out its Tenerife factory to an unnamed Chinese firm in a development will see the firm virtually surrender production at the Mount H...
By Business Reporter | Published: 13 November 2013
MOST world diamond buyers will soon be flocking to Zimbabwe to trade in the gems, with the country planning to establish the biggest diamond trading hub on the back of the huge demand for the Marange ...
By Staff reporter | Published: 13 November 2013
Zimbabwe is expected to contribute significantly to the 1.6% rise in platinum supplies to 5.74 million ounces, this is according to Johnson Matthey's latest market review of supply and demand for the ...
By Staff reporter | Published: 12 November 2013
Short term insurers have been warned against engaging in unethical practices that could be detrimental to the industry.Mr Pupurai Togarepi from the Insurance and Pensions Commission told delegates at...
By Staff reporter | Published: 12 November 2013
Timber processor Border Timbers is critically examining all aspects of its business to reduce costs and turnaround its fortunes in the wake of declining profits.The timber producer and processor saw p...
By Staff reporter | Published: 12 November 2013
Zimbabwe Stock Exchange listed grain processor and miller National Foods Holdings Limited shareholders have approved the group's plan to buy back at least 10 percent of its issued ordinary shares.The ...
By Staff reporter | Published: 12 November 2013
The $3 million Mabvuku fuel loading gantry project will be complete next year in April, a Sakunda Energy official has said. Sakunda Energy was given the task to construct the loading gantry by the Ene...
By Staff reporter | Published: 12 November 2013
A high powered Zimbabwean delegation arrived in Antwerp, Belgium, this afternoon to tie the loose ends in a deal that will ensure the country's diamonds are sold through the Antwerp World Diamond Coun...
By Staff reporter | Published: 12 November 2013
MIMOSA Mining Company has announced plans to cut 100 jobs at its Zvishavane mine in response to falling global platinum prices.Mimosa executive chairman Mr Winston Chitando said the retrenchments woul...
By Business Reporter | Published: 12 November 2013
The Board of Directors of Hwange Colliery Company Limited convened a Special Board meeting on the 4th of November 2013 to deliberate on the $50.0m shareholder loan and restructuring proposed by Willou...
By Staff reporter | Published: 12 November 2013
BAT Zimbabwe has launched a new capsule technology Dunhill Switch offering consumers two tastes in one cigarette; an innovation the group says will change the face of the tobacco category in Zimbabwe....
By Staff reporter | Published: 12 November 2013
BANKS have proposed the conversion of outstanding foreign currency accounts balances appropriated by the Reserve Bank of Zimbabwe during the height of the hyperinflationary period into Treasury paper....
By Business Reporter | Published: 12 November 2013
FORMER workers of Makro Zimbabwe have written to OK Zimbabwe chief executive Mr Willard Zireva threatening legal action over disputed alleged defamatory comments he made about them.The dispute follows...
By Business Reporter | Published: 12 November 2013
At least 46 Sino-Zim workers are now jobless after the company retrenched. Sino-Zim is a joint venture company between Zimbabwe government and China and has interests in the manufacturing sector, hote...
By Staff reporter | Published: 12 November 2013
GIANT food processing Nestlé Zimbabwe has invested $20 million in plant and machinery over the last three years as the company seeks to grow regional exports.Speaking at the company's open day last ...
By Staff reporter | Published: 11 November 2013
Air Zimbabwe is working towards the exclusive use of the electronic ticketing system as one of the measures to boost the company's revenue and profitability, a company official has said. Currently, th...
By Staff reporter | Published: 11 November 2013
The Board of Directors of Bindura Nickel Corporation announced that, taking effect from 11th November 2013, unless otherwise indicated, Mr. D.E.H. Murangari steps down as Managing Director on retireme...
By Staff reporter | Published: 11 November 2013
Meikles Limited will start mining operations next month after completing negotiations with the Government, a company official has saidMeikles limited went into a mining joint venture with a Mauritius ...
By Staff reporter | Published: 11 November 2013
A new gem miner, Rera Diamonds said on Saturday it is set to commence exploration in Chimanimani, Manicaland province.Government has in the last few years licensed over six companies including Mbada D...
By Staff reporter | Published: 11 November 2013
GOVERNMENT plans to establish school development programmes by rolling out OneWallet agents throughout the country that will make it easier for parents to pay school fees.Speaking at the OneWallet rel...
By Staff reporter | Published: 11 November 2013
FBC BANK has secured a new $10 million line of credit from a US bank with view of supporting local industry, the group chief executive, Mr John Mushayavanhu, has said.The line of credit will be extend...
By Business Reporter | Published: 11 November 2013
Growing sugar demand in the country is expected to offset the planned phasing - out of export quotas to the European Union (EU) by Tongaat Hulett's Zimbabwean unit, Hippo Valley.The country's per-capi...
By Staff reporter | Published: 07 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
