THE Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) has cancelled the operating licence of Valley Technologies (Pvt) Ltd after the company failed to pay a licensing and spectrum...
JOHANNESBURG - Aim-listed Premier African Minerals is aiming to start low-cost production at its flagship RHA tungsten project, in the Kamativi tin belt, in Zimbabwe, during the second half of 2014, f...
South Africa's retail outlet Shoprite has closed shop at the Bulawayo Centre amid revelations local business mogul Raji Modi, owner of Bellevue Spar, has taken over the business to open another outlet...
BRITISH Airways Comair is committed itself to servicing the Victoria Falls/Johannesburg and will introduce larger aircraft once expansion of the resort town's airport runway is completed, an official ...
Business ReporterMwana Africa Plc has raised $2,8 million through a subscription and placing of shares, taken up by existing and new shareholders, to accelerate development of its mining projects.The ...
RETAIL giant OK Zimbabwe has issued a total of 15 143 314 ordinary shares valued at $3,5 million to beneficiaries of its share option scheme. This will increase the number of OK ordinary shares ...
Tracy Mpofu, Econet Wireless non-executive director who chaired the AGM held on 17 September 2013 said Econet has not been paying a dividend due to a number of commitments which put pressure on cash ...
Econet Wireless Zimbabwe Chie Executive Officer Douglas Mboweni has told banks that reluctant join EcoCash for their mobile money transfer services to invest in their own network instead of lobbying ...
The European Union has agreed to lift sanctions on a Zimbabwean diamond-mining firm despite concerns over alleged fraud in a July election that kept President Robert Mugabe in power, the EU said on Tu...
Safeguard Engineering has introduced a revolutionary new automated safe that counts cash in any denominations, deposits the money into a removable bag locked securely inside it and issues a receipt fo...
Aquarius Platinum has cut its chief executive Jean Nel's salary by 30% and imposed a 10% slash of directors' fees as part of measures to contain "cash corporate costs". The platinum group metals produ...
Hippo Valley Estates Limited (Hippo Valley) says it is targeting to export more than 217 000 tonnes of sugar to the European Union (EU), as a way of boosting the company's earnings. Last year, the su...
MTN South Africa on Monday issued an ambiguous statement saying it was cutting the cost of international telephone calls to "as little as 75c/minute" to a number of markets across Africa, including Zi...
NATIONAL airline Air Zimbabwe has appointed corporate quality, safety and security head Edmund Makona as the new acting chief executive officer, taking over from Innocent Mavhunga who had also been in...
PIONEER Africa Corporation has submitted an updated compliance proposal of its indigenisation plan and is now waiting for Government's response.Group chief executive officer of Pioneer Corporation Mr ...
CABS is set to review upwards loans availed to players in the Small to Medium Enterprises sector from $50 000, an official has said.Addressing local businesspeople attending a ZimTrade business traini...
Zimbabwe wants locals to exclusively benefit from Masawara Plc's $39 million purchase of a stake in BP and Shell Marketing Services and may tear up the current financial arrangement if it fails to rea...
ZIMBABWE'S second largest mobile phone operator by subscription Telecel Zimbabwe has switched off nearly 100 000 lines after the country's telecoms regulator issued a directive ordering players to dis...
Zimbabwe stock exchange listed wines and spirits producer, African Distillers Limited is planning to install a million dollar bottling line in a bid to modernise its production and improve capacity ut...
Twitter's use of a confidential initial public offering filing has reignited a debate about a 2012 U.S. law that critics say denies investors time to digest a company's financial information and erode...
BAT Zimbabwe Managing Director Lovemore Manatsa told analysts yesterday that BATZ will continue focusing on a volume recovery plan as to stem volume decline which affected the firm's financial perfor...
Imara Group chief executive officer Mark Tunmer has been elected chairman of Global Alliance Partners (GAP), the international network of financial service companies dedicated to fostering worldwide i...
British American Tobacco Zimbabwe Limited (BATZ) released a flat set of results showing a 0.5% increase in revenue to $23.1 million compared to $23 million in the prior period. BATZ continue to domina...
Still smarting from a public spat with Zimbabwe's largest mobile telephony company Econet Wireless over the ill-fated EcoLife life assurance product, listed insurance group First Mutual Holdings Limit...
ZB Life Assurance is embroiled in a messy wrangle with a group of policyholders, who are demanding their premiums back citing misrepresentation on the benefits of the insurance product. There are abou...