The Egyptian owners of Telecel Zimbabwe, Oracom Telecom, revealed yesterday that they are in talks to sort out the license renewal issues they have with the government and local telecommunications re...
By Staff reporter | Published: 10 June 2013
FIXED telephone services provider TelOne will in July this year commission the Bulawayo-Victoria Falls fibre optic cable ahead of the United Nations World Tourism Organisation General Assembly in Aug...
By New Ziana | Published: 10 June 2013
MEIKLES Limited will start mining operations next year after its investment vehicle, Meikles Resources obtained a special mining grant in the Midlands province, the group said yesterday.The special g...
By Business Reporter | Published: 10 June 2013
FORMER Telecel Zimbabwe chief executive officer Francis Mawindi has challenged his dismissal and is demanding over $1 million in damages or reinstatement as details emerge that he was firedMawindi ha...
By Staff reporter | Published: 10 June 2013
NETONE'S OneWallet mobile money service has proven its mettle as the most secure mobile money service in Zimbabwe..This mobile money service is expanding in leaps and bounds as NetOne aggressively i...
By Own Correspondent | Published: 10 June 2013
AfrAsia Bank, the Mauritius-based bank with a growing presence in South Africa and Zimbabwe, has been recognised as the 'Best Bank in Southern Africa 2013' at the annual African Banker Awards ceremon...
By Own correspondent | Published: 10 June 2013
Afre reported a decline in profitability in the four months to April but the group is on course to post a surplus at the end of the financial year, CE Doug Hoto told the AGM this morning.Gross Premiu...
By Financial Express | Published: 10 June 2013
FORMER Zimbabwe Stock Exchange listed drug maker Caps Holdings is on the on the brink of collapse after the High Court sheriff ordered the sale some of its assets to pay off money owed to CBZ Bank. A...
By Business reporter | Published: 10 June 2013
Afre Corporation has changed its name to First Mutual Holdings Limited after an independent consultant told the firm that the current brand has a low visibility in the market and lacks clear associat...
By Business reporter | Published: 10 June 2013
Delta Corporation has said it is in the process of complying with the indigenisation policy and has since submitted its road map to the government.CE Pearson Govero told the Imara Investment Conferen...
By financial express | Published: 10 June 2013
Travellers from Zimbabwe are being offered a taste of the highlife with the latest discounts from Emirates in a three-day sale of Business Class tickets this week.Attractive discounts are being offer...
By Staff reporter | Published: 10 June 2013
KIGALI - Econet Wireless owned fibre and satellite operator, Liquid Telecom yesterday announced that it has acquired Rwandatel, Rwanda's fixed line network operator. The deal includes Rwandatel's cop...
By Business reporter | Published: 10 June 2013
Econet Zimbabwe Limited (Econet) has reshuffled the financial institution's top management, which involves the appointment of new executives, including United Kingdom based financial analyst Lance Ma...
By Business reporter | Published: 10 June 2013
Imara Capital Zimbabwe managing director Sean Gammon yesterday said mining company should consider secondary listings on the Zimbabwe Stock Exchange (ZSE) in a bid to boost capital on the...
By Business reporter | Published: 10 June 2013
MOSCOW - A Russian fixer handed an "exclusive licence" to develop the Darwendale platinum deposits in 2006 has said he is ready to bail-out and sell his shares on the open market if the multi-m...
By Staff reporter | Published: 10 June 2013
Econet Wireless Zimbabwe's licence was renewed and licence period extended to 20 years while the licence renewal fee was set at $137.5 million, group CEO Douglas Mboweni told an analyst briefing yest...
By Business reporter | Published: 10 June 2013
RioZim will continue focusing on debt restructuring with the company expecting to generate $8.6 million cash in total and $7.7 million before the end of the year from the sale of reverts of Xstrata, ...
By Business reporter | Published: 10 June 2013
THE Bulawayo Rainbow Hotel is undergoing a $650 000 facelift. In a statement yesterday, Rainbow Tourism Group (RTG) the hotel was expected to have several of its areas revamped to give it a mor...
By Business Reporter | Published: 10 June 2013
GOVERNMENT says Telecel Zimbabwe should first address its lopsided shareholding by transferring majority stake in the firm to locals before its mobile phone operator's licence can be renewed. Transpo...
By Business reporter | Published: 10 June 2013
Econet's revenue for the year ended 28 February 2013 was $694.8 million, an increase of 14% compared to the previous year. Earnings Before Interest, Taxation, Depreciation and Amortisation (EBITDA)...
By Moyo Roy | Published: 10 June 2013
EDGARS Stores Limited is on course to achieve turnover of above $65 million by year end, following a 4.8% increase in sales uni...
By Business reporter | Published: 10 June 2013
African Development Corporation announced that the management and the Supervisory Board resolved to engage in pooling agreements with aligned investors in ABC Holdings Limited, Botswana (BancABC) and...
By Business reporter | Published: 10 June 2013
STEELNET Zimbabwe has been placed under final liquidation and the liquidator has invited tenders from interested parties to purchase operating assets.Steelnet liquidator Mr Christopher Maswi of Fair...
By Mafu sithabile | Published: 10 June 2013
AfrAsia Kingdom Zimbabwe Limited has embarked on initiatives to strengthen the group's businesses in response to regulatory requirements for additional capital and in preparation of an expected econo...
By Business reporter | Published: 10 June 2013
Local business groups and the country's consumer watchdog have backed the recently announced statutory instrument barring foreign investors from setting up business with low capital outlays. Nearly a...
By Business reporter | Published: 10 June 2013
Zimbabwe launches new airline 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
SA bitcoin firm mulls Zimbabwe listing 
Gold edges up as traders await guidance 
Airlink applies for Lanseria to Harare, Bulawayo route 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
