RioZim expect revenues of $185 million in the year 2013 compared with $72 million last year whilst EBITDA is expected to be at $23 million compared with $7 million in 2012, group CEO Ashton Ndlovu t...
By Business reporter | Published: 10 June 2013
INTERNET provider PowerTel says it will start billing customers for the actual data accessed in July when the new billing system that was acquired last month has undergone the necessary tests to mak...
By Staff reporter | Published: 10 June 2013
FINANCIAL and equity analysts, IH Securities, believe Econet Wireless will remain the dominant company in the telecommunications sector, despite seemingly losing about 9,3 percent of the market sha...
By Business reporter | Published: 10 June 2013
Trust Bank lurched into crisis this week after it failed to produce full-year results to December 31 2012 before the deadline. The ZSE and the Securities Commission said this week letters had been ...
By Staff reporter | Published: 10 June 2013
Blanket Mine has recorded a 14% growth in gold output for the first quarter ending March 2012 compared with the same period last year on the back of strong prices of the bullion, the company has an...
By Business reporter | Published: 10 June 2013
TA Holdings' operating income grew 234% to $5.5 million due to improved underwriting profits from the insurance company, CEO Gavin Sainsbury told an analysts briefing yesterday. This resulted ...
By Business reporter | Published: 10 June 2013
Telecel has launched a new promotion that reduces the cost of off-peak calls to less than one cent per minute, removes any charge for text messages and allows data to be accessed at just three cents...
By Chengetai Chinembiri | Published: 10 June 2013
EcoCash Interview: How is relationship with Zimbabwe central bank?
http://www.youtube.com/watch?v=_HnAUYAOnCg
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By Staff reporter | Published: 10 June 2013
TM Supermarkets has invested a further $25m into the retail chain, with the money aimed at transforming its retail outlets through refurbishment of the group's 50 stores across the country.Two of TM...
By Business reporter | Published: 10 June 2013
Zimplow Holdings will probably achieve an operating profit or at least break-even for the half year, CEO Zondi Kumwenda told the AGM last Thursday. "There will be discontinued operations within...
By Business reporter | Published: 10 June 2013
Air Zimbabwe has resumed daily flights to Victoria Falls, Bulawayo and Johannesburg to cater for the increasing demand on these routes, particularly as the Zimbabwe International Trade Fair approach...
By Staff reporter | Published: 10 June 2013
Government says Telecel Zimbabwe risks losing its operating licence if it fails to comply with the Indigenisation and Economic Empowerment Act.As the mobile operator's saga unfolds, government thro...
By Business reporter | Published: 10 June 2013
Trust Bank is in talks with Allied Bank, owned by Mines minister Obert Mpofu, over a potential partnership to enable the 2 financial institutions to meet the RBZ's first minimum capital requirements...
By Business reporter | Published: 10 June 2013
TELECOMMUNICATIONS tariff increases across the board loom after government announced plans to increase licence fees for operators with effect from June this year.Finance minister Tendai Biti announ...
By Business reporter | Published: 10 June 2013
DAIRIBORD Zimbabwe is targeting to import at least 250 heifers this year for distribution to farmers as part of efforts to increase milk production in the country.Dairibord introduced the scheme las...
By Staff reporter | Published: 10 June 2013
THE Zambezi River Authority has shortlisted six international investors for the construction of the 1 600-megawatt hydropower plant at the Batoka Gorge, a senior Government official has said."Initi...
By Staff reporter | Published: 10 June 2013
BLANKET Mine, which is partly owned by Caledonia, targets to increase annual gold output by 90 percent to 76 000 ounces (oz) in 2016 following the implementation of its indigenisation plan last year...
By Business reporter | Published: 10 June 2013
NMBZ will be focusing on attaining the $50 million capital threshold as its medium term target, group CEO James Mushore told an analyst briefing on Thursday. "Our medium term anchor is on ensur...
By Business reporter | Published: 10 June 2013
Barclays Chief Executive (CE) George Guvamatanga started his presentation last Thursday by emphasising that the bank considers itself a local bank. He drew parallels with foreigners who live in a c...
By Business reporter | Published: 10 June 2013
Harare-based internet access provider Aquiva Wireless says it plans to roll out a new standard for wireless data communications technology that will push forward the growth of the country's telecomm...
By Staff reporter | Published: 10 June 2013
INTERNET provider PowerTel is set to introduce a new billing system after acquiring new state-of-the art billing equipment, an official said over the weekend.PowerTel chairman Mr Francis Chirimuuta ...
By Staff Reporter | Published: 10 June 2013
Implats has confirmed that its subsidiary, Zimbabwe Platinum Mines (Private) Limited (Zimplats) lodged an objection on 27 March 2013 to the Preliminary Notice published in General Notice 123 of 2013...
By Business reporter | Published: 10 June 2013
Zimbabwe's largest mobile phone company, Econet Wireless, has unveiled a new function on its mobile money service EcoCash which allows a cellphone to also operate as a virtual debit card.The functio...
By Staff Reporter | Published: 10 June 2013
CFI has secured an investor for its milling business Victoria Foods while there are discussions with a potential investor for one of the poultry arms, group CEO Steve Kuipa told the AGM this morning...
By Business reporter | Published: 10 June 2013
NicozDiamond's Hatfield cluster project development will commence this year, MD Grace Muradzikwa told an analyst briefing yesterday. "We have been looking at other property investments and seei...
By Business reporter | Published: 10 June 2013
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Second International Airport for Harare 
Starlink plans to go big in South Africa 
'Some very strange things are happening in China!' 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Gold shatters $4,000 milestone 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
