TEL-ONE has commissioned its fibre optic transmission link between Bulawayo and Victoria Falls in what will be a major boost for the tourist resort ahead of co-hosting the United Nations World Tourism...
By Business reporter | Published: 08 August 2013
Tunis-Headquartered, pan-African financial services group Alios Finance is set to enter the Zimbabwean market during the first quarter of next year, a company official has said. Alios Finance Zambia a...
By Business reporter | Published: 08 August 2013
Banking group NMBZ Holdings says the US$16 million it obtained from three foreign banks during the first quarter of the year has enabled it to double the size of the bank and strengthened its ability ...
By Business reporter | Published: 08 August 2013
THE Securities Commission of Zimbabwe (SECZ) has ordered brokerage firms intending to sell shares held by defunct, suspended or struggling stockbroking firms to seek approval from the capital markets...
By Business reporter | Published: 08 August 2013
CIMAS,the country's oldest and largest medical aid company, says its members grew by eight percent to 191,000 for the year ending December 2012.The company attributed the membership boost to the retur...
By Business reporter | Published: 07 August 2013
Zimbabwe Stock Exchange-listed mining firm, Riozim, will make annual savings of nearly US$4 million once its new oxygen plant is commissioned.The company which is currently in the process of implement...
By Business reporter | Published: 07 August 2013
Zimbabwe's platinum production was depressed in the half-year to June 2013, increasing by a marginal two percent to 6,6 tonnes from 6,4 tonnes in prior comparable period.According to the latest Chambe...
By Business reporter | Published: 07 August 2013
Johannesburg - AngloGold Ashanti, the world's third-largest bullion producer, plans to cut about 2 000 management jobs, or about 40% of its management positions, to reduce costs chief executive Sriniv...
By Reuters | Published: 07 August 2013
RioZim half year to June 30 2013 revenue grew by 83% over the comparative period last year on the back of ENR revenue growth of 204%. Growth in ENR revenue was largely due to the change in the busine...
By Business reporter | Published: 07 August 2013
The shareholders of ABCH are advised that notwithstanding a huge impairment in respect of the contingent liability that was disclosed in the 2012 annual report, the group expects to release results f...
By ABC | Published: 07 August 2013
The banking sector has reportedly been hit by panic withdrawals. Sources said anxiety had gripped the public following uncertainty surrounding the outcome of the just-ended general elections. "There h...
By Business reporter | Published: 07 August 2013
FREDA Rebecca Gold Mine, a subsidiary Mwana Africa Plc, recorded a 37 percent increase in gold output in the full year to March 2013. According to Mwana Africa, Freda Rebecca had since grown to become...
By Business reporter | Published: 07 August 2013
Zimbabwe fixed line operator TelOne announced its plans to launch high speed broadband services in Victoria Falls tomorrow, ahead of the United Nations (UN) World Tourism Organisation General Assembly...
By Business reporter | Published: 06 August 2013
Top executives in Zimbabwe's telecoms industry have just advised that mobile license renewal talks between Telecel, POTRAZ and the ministry of Transport, Telecommunications and Infrastructural Develop...
By Business reporter | Published: 06 August 2013
Air Zimbabwe has increased flights to Victoria Falls ahead of the United Nations World Tourism Organisation (UNWTO) General Assembly to be held later this month.After August was declared a UNWTO month...
By Business reporter | Published: 06 August 2013
ANOTHER dispute has erupted at Dunlop Zimbabwe (Pvt) Ltd after the company slashed salaries of middle management in compensation of the lost time during a three-week strike which hit the tyre manufact...
By Business reporter | Published: 06 August 2013
Shoe manufacturing company, Bata, shut down with effect from yesterday in what company officials say is phase one of the annual shutdown, meant to address the operational challenges besetting the firm...
By Business reporter | Published: 06 August 2013
CRESTA Sprayview Hotel in the resort town of Victoria Falls has reopened after undergoing a $1,7 million refurbishment ahead of the United Nations World Tourism Organisation (UNWTO) general assembly, ...
By Victoria Falls Reporter | Published: 06 August 2013
Bloomberg News reports that most Zimbabwean banks stopped making new loans because of concern over the policies President Robert Mugabe will pursue after he won an election described by his main rival...
By Bloomberg News | Published: 06 August 2013
Mwana Africa has written off Bindura Nickel Corporation's non-current assets on concerns over viability of the subsidiary’s operations, plunging the AIM-listed group into a humongous loss. In a stat...
By Business reporter | Published: 06 August 2013
Beverages group, Delta Corporation has launched a promotion to push sales volumes of its quart and magnum beers on the market. Faced with a four percent slump in sales, Delta is hoping that the $150 0...
By Business Reporter | Published: 06 August 2013
AIR France KLM Group says it has signed an agreement with Air Zimbabwe to ensure the national airline's recently acquired two aircraft receive necessary support.The Government recently leased two 150-...
By Business Reporter | Published: 05 August 2013
Air Zimbabwe is set to resume flights to London in November this year, nearly two years after the national carrier stopped flights owing to viability problems. The airline stopped flights to London in...
By Business reporter | Published: 05 August 2013
Zimbabwe's largest platinum miner, Zimplats, has recorded a 66% decline in operating profit to $22.5 million in the second quarter ended June 31, 2013 due to a drop in sales and a decrease in metal pr...
By Business reporter | Published: 05 August 2013
ZIMPLATS, the country's largest platinum miner, has spent about US$50 million in three months to June this year on procurement of goods from local firms, the company has said. This was 16 percent high...
By Business Reporter | Published: 05 August 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
