Meikles released an encouraging trading update for the nine months to 31 December 2012 highlighting the recovery in group operations. Turnover for the nine months grew by 16% y-o-y driven by increas...
By Business reporter | Published: 10 June 2013
LEADING shoe manufacturer, Bata Shoe Company, intends to source raw hides from neighbouring countries due to a shortage on the local market which has been affecting production at its Gweru factory....
By Business reporter | Published: 10 June 2013
Space booked so far for this year's Zimbabwe International Trade Fair now exceeds space taken by the same period last year, an official has said. ZITF deputy general manager Mrs Noma Ndlovu said a t...
By Staff reporter | Published: 10 June 2013
AIR ZIMBABWE HOLDINGS yesterday said it is pursuing some code sharing arrangements with leading airlines as it seeks to widen it route network. Acting group chief executive Mr Innocent Mavhunga sai...
By Business Reporter | Published: 10 June 2013
NMB has secured $16 million new capital from foreign investors which will help the bank raise more lines of credit for deploying in areas such as mining and agriculture, group CEO James Mushore told...
By Business reporter | Published: 10 June 2013
THE government told platinum producers on Tuesday to start refining the metal locally within two years, placing a further requirement on an industry already forced to surrender majority shares to lo...
By Reuters | Published: 10 June 2013
Afdis reported a strong operating performance showing a 22% growth in sales volumes to 3.2m litres. Local production increased by 21% to 1.7 million litres and accounted for 62.9% of total revenue. ...
By Business reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe has launched a scathing attack on CABS accusing the building society of campaigning against its mobile phone money transfer service, EcoCash, because it offers a similar pro...
By Business Reporter | Published: 10 June 2013
Air Zimbabwe's debt has ballooned to US$188 million, further dampening hopes of securing a strategic partner to help the airline resume full operations.The national airline's debt has accumulated to...
By Staff Reporter | Published: 10 June 2013
Emirates Skywards, the award-winning frequent flyer programme of Emirates Airline, today announced a significant enhancement to its offering with the introduction of ‘Platinum', a new tier which s...
By Mafu Sithabile | Published: 10 June 2013
A senior Econet Wireless executive, Mr Darlington Mandivenga, who is responsible for the rollout of EcoCash, has dismissed a claim reportedly made by Bankers Association of Zimbabwe's immediate past...
By Ndou Paul | Published: 10 June 2013
Workers of express logistics firm DHL Zimbabwe have expressed concern over the future of the company following the transfer of shareholding to four local individuals.The employees are unsure of the...
By Staff Reporter | Published: 10 June 2013
ZABG has commenced its rebranding process from its old name to the new brand, Allied Bank. The rebranding to Allied Bank is part of the overall plan to turn around the fortunes of the financial inst...
By Business Reporter | Published: 10 June 2013
ZIMBABWE's troubled state-run airline, Air Zimbabwe has rolled out an ambitious plan as it seeks to revive its fortunes following years of maladministration that at one time grounded the airline's a...
By Staff reporter | Published: 10 June 2013
Portland Holdings Limited (PHL), PPC's Zimbabwe subsidiary, has announced its intention to construct a new cement plant to service the Harare and central Mozambique markets. The new plant will have ...
By Business reporter | Published: 10 June 2013
KINGDOM Stockbrokers is said to have voluntarily surrendered its licence citing viability concerns emanating from low volumes of business.Kingdom Stockbrokers did not attend ZSE trading today and on...
By Business reporter | Published: 10 June 2013
TRUMBELT Computers Limited has filed fresh charges against Telecel Zimbabwe over its mobile quiz promotion, Win Big Promo, for copyright infringement on the promotion concept.The fresh legal suit s...
By Staff reporter | Published: 10 June 2013
Diamantaires in world's biggest diamond cutting and polishing centre in Surat are looking at Zimbabwe for the required supplies of rough diamonds during the year as diamond production of mining comp...
By Melvyn Reggie Thomas, TNN | Published: 10 June 2013
Unilever Zimbabwe will resume exports in the region by the end of the year after being forced to abandon exports in the 1990s due to an economic crisis.Founded in 1943, the company is a subsidiary o...
By Staff reporter | Published: 10 June 2013
LOCAL commercial banks have ganged up on EcoCash and other mobile money service providers by arm twisting the Reserve Bank of Zimbabwe (RBZ) to announce measures that compel telephone companies to...
By Staff reporter | Published: 10 June 2013
Chemco reported a dismal FY2012 performance as overall group revenue from continuing operations fell by 47% from $6.6 million to $3.5 million. The group recorded a loss after taxation of $1.1 millio...
By Business reporter | Published: 10 June 2013
Emirates, one of the world's fastest growing international airlines, today welcomed the introduction of a Boeing 777-300ER on its Dubai-Lusaka-Harare daily service.Civil Aviation Authority of Zimba...
By Mafu Sithabile | Published: 10 June 2013
The Reserve Bank of Zimbabwe governor Gideon Gono has said 14 out of 22 banks had met the first level of minimum requirements by December 31 last year. 5 other banks had made "significant" progress ...
By Business reporter | Published: 10 June 2013
Astra is planning to introduce new products in the next 6 to 8 weeks in an effort to regain the company's lost market share, MD Mac Mazimbe told the AGM this afternoon. "We are planning on spen...
By Business reporter | Published: 10 June 2013
TSL Limited is planning to broaden its logistics business as they have an ambition to operate regionally, as stated by the group's chief executive officer Washington Matsaira at an analyst briefing ...
By Business reporter | Published: 10 June 2013
Chinese shoots dead Zimbabwean employee over salary 
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
