Government's mining arm, the Zimbabwe Mining Development Corporation (ZMDC) says it has intensified the search for a strategic partner for the resuscitation of Shabanie Mashava Mine (SMM).The para...
By Staff Reporter | Published: 10 June 2013
Financial services group Vunani is positioning itself to spread its operations across the southern African continent, a message that came through an acquisition in Zimbabwe.The JSE-listed Vunani ann...
By Business reporter | Published: 10 June 2013
CBZH is expecting another good year in F13 with total income growth of 10% and further growth in assets of 19.5% on the back of diversified income and increased credit lines, CEO John Mangudya told...
By Business reporter | Published: 10 June 2013
CBZ HOLDINGS has posted yet another solid set of financial results in the full year to December 31, 2012, as profit after tax vaulted 48,4 percent to US$45 million, compared with US$30,3 million ove...
By Business reporter | Published: 10 June 2013
The government has approved the disposal of a 49% stake in Agribank, paving the way for private investors to inject fresh capital.In a move expected to result in Agribank increasing its capital leve...
By Business reporter | Published: 10 June 2013
Air Zimbabwe Acting Chief Executive Officer Innocent Mavhunga says his company is still riddled with financial challenges and will continue staggering its workers’ salaries.The national airline, w...
By Staff Reporter | Published: 10 June 2013
Dubai based property firm Joz Group plans to build a multi-million dollar 5-star hotel in Zimbabwe. Muhammad Nabeel, Joz's CEO, was recently in Harare scouting for site to build the hotel. Sources c...
By Staff reporter | Published: 10 June 2013
Knight Frank an international property management firm that oversees Bulawayo Centre shopping mall, plans to embark on the second phase of the mall at an estimated cost of $10 mln. The second phase,...
By Staff Reporter | Published: 10 June 2013
ONE of the country's biggest manufacturer and marketer of food and beverage products Dairibord Holdings Limited is relocating equipment from its Bulawayo factory to other cities citing viability cha...
By Stff reporter | Published: 10 June 2013
Diversified Zimbabwe Stock Exchange-listed concern Innscor Africa looks headed for a showdown with an indigenous businessman who has slapped its associate company and four of its directors with a US...
By Staff Reporter | Published: 10 June 2013
Zimbabwe's banking industry is set for major reforms in line with new banking regulations that are expected to be operational next month.In terms of amendments to the Banking Act, shareholders of fi...
By Business Reporter | Published: 10 June 2013
THE least paid workers in the insurance sector have been awarded a 34 percent salary hike for the period January to December 2013, after a compromise agreement that will see the lowest paid worker g...
By Business Reporter | Published: 10 June 2013
Cafca's four months to January turnover is up 14%, managing director Rob Webster told the AGM this afternoon. He also said margins for the period are down as they are selling more aluminum tha...
By Business reporter | Published: 10 June 2013
Pastel Software Zimbabwe will on March 12 launch Sage Pastel My Business Online, a cloud based accounting programme designed for start-up and small businesses that enables them to do their accounts ...
By Chengetayi Chinembiri | Published: 10 June 2013
Aon Plc, the world's second-largest insurance broker by market value, agreed to sell Aon Zimbabwe after the unit's license was revoked by the the Zimbabwean authorities.Aon Zimbabwe has been operati...
By Business reporter | Published: 10 June 2013
THE Zimbabwe Stock Exchange-listed Zimplow has issued a profit warning advising that its results for the year ending 31 December 2012 would be lower than those achieved the previous year. Company se...
By Business reporter | Published: 10 June 2013
Econet Wireless has announced that Stanbic Bank is now offering its customers full access to EcoCash.Stanbic Bank becomes the first international bank in the country to get connected to EcoCash. Th...
By Business reporter | Published: 10 June 2013
Telecel has introduced a new fixed payment platform and is offering existing and potential customers new attractive fixed payment contract packages that allow unlimited local calls and bonus text me...
By Staff Reporter | Published: 10 June 2013
AIR Zimbabwe has engaged South African Airways (SAA) to carry out some maintenance check on one of its Airbus aircraft as the airline readies itself to re-launch regional and international flights n...
By Staff reporter | Published: 10 June 2013
Electricity load-shedding is set to ease in most parts of the country after Zesa Holdings cleared its debts to suppliers in the region, although some challenges still remain in supplying enough pow...
By Staff Reporter | Published: 10 June 2013
ZESA Holdings is to refurbish Bulawayo and Harare hermal power stations to improve efficiency at the two power stations that have been operating at sub-optimal levels.The refurbishment at Harare pow...
By Staff Reporter | Published: 10 June 2013
NMBZ shareholders, unanimously voted for all the seven resolutions at an EGM held early this morning paving way for injection of new capital by offshore strategic institutional investors.Chairman Te...
By Business reporter | Published: 10 June 2013
Meikles group revenues for the 9 months ended 31 December 2012 increased by 16% compared with the prior period driven by increased volumes and margins, the company said in an Interim management repo...
By Business reporter | Published: 10 June 2013
Ariston's 4 months to January turnover increased by 26.9% to $5.051 million following a successful recapitalisation exercise chief executive officer Paul Spear told the AGM on Friday. "This ti...
By Business reporter | Published: 10 June 2013
Standard Chartered's private equity arm is looking for more deals in Zimbabwe, a senior executive told Reuters on Monday, betting on a rise in consumer spending after years of hyperinflation.The Br...
By Business reporter | Published: 10 June 2013
Zimbabwean innovator turns air into drinking water 
Starlink plans to go big in South Africa 
India dumps US Treasury bills 
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
