AUREX Holdings (Aurex) has doubled its jewellery exports after inking international marketing agreements with companies such as Suzan General Trading (Suzan), officials say.This also comes as the firm...
EDGARS Stores (Edgars) says it is engaged in discussions with an unnamed investor in a deal that may impact value of the company's shares.Buhlebenkosi Mpofu, the clothing retailer' company secretary, ...
GOVERNMENT has been urged to promote domestic tourism through a number of innovative initiatives, including concessionary support measures to low-wage earners.Speaking during the Professionals Busines...
NATIONAL Railways of Zimbabwe (NRZ) has petitioned the High Court seeking an order to compel the Grain Marketing Board (GMB) to pay $710 696 in rental arrears and another order to evict the parastatal...
ZIMBABWE'S economic challenges continue to mount with key towns, Beitbridge and Victoria Falls, running out of fuel.The fuel shortage comes at a time the country is facing a wave of price increases, w...
ZIMBABWE was by yesterday left with less than a month of wheat stocks after a United Kingdom-based supplier held back a 30 000-tonne consignment at Mozambique's port of Beira until payment is confirme...
THE Ministry of Mines and Mining Development has put chrome miners under close watch following concerns over mushrooming of highway operations that threaten roads and pose risks to humans and animals....
A MULTITUDE yesterday flooded the streets of Bulawayo, bringing much activity to the usually serene city, as residents joined an organised procession along historic sites in memory and honour of the l...
Police in Mashonaland East Province have arrested three security guards from Braising Security Company for shooting illegal gold miners at Arcturus Mine in Goromonzi over the week-end. The guards shot...
Hospitality group, African Sun Limited, reported earnings growth for the half year to June 30, 2018 as operating profit surged 672 percent to $3,8 million on good business during election period. Reve...
Delta Corporation, a key player in economic development, has invested over $260 000 towards the upgrade of a road junction that links its Fairbridge Chibuku Super plant with the Harare-Bulawayo Highwa...
Several companies were still trickling to Bulawayo yesterday for the on-going 11th edition of the Sanganai/Hlanganani World Tourism Expo, which has received overwhelming response from local exhibitors...
The Zimbabwe Asset Management Company (Zamco), a special purpose vehicle created by the Reserve Bank of Zimbabwe (RBZ) to rid the banking sector of non-performing loans (NPLs), has so far acquired $1,...
Zimbabwe, the first and only African country to successfully set up a lithium-ion battery carbonate plant, is poised for a major role in the trillion dollar electric vehicles (EV) industry as it emerg...
BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.The profits were driven by increase...
ENERGY minister Simon Khaya Moyo yesterday blamed the crippling fuel shortages being faced by the nation on late foreign currency allocation and ethanol shortage.Khaya Moyo told journalists in Bulaway...
PLAYERS in Bulawayo's tourism industry in collaboration with the Zimbabwe Tourism Authority (ZTA) have embarked on an aggressive awareness programme to market tourism products in the city.The initiati...
THE poultry sector has embarked on an aggressive restocking programme after the outbreak of avian influenza that hit Zimbabwe last year.As a result of the avian influenza at one of the country's bigge...
Anglo American Platinum's local unit, Unki Mine, anticipates completion of its smelter project in the third quarter of 2018 and is expected to create employment and contribute towards economic growth....
Zimbabwe could save at least $11 million per month and hundreds of jobs if it stops exporting scrap metal and beneficiate it locally, the Zimbabwe Institute of Foundrymen (ZIF) has said. The foundry i...
At a time Government is pursuing financial inclusion strategies in remote areas, the latest innovation, C-Trade; an online and mobile share trading platform is expected not only to make trading of sto...
Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...
ASBESTOS fibre cement products manufacturer Turnall Holdings will be debt free by the end of the 2019 financial year after it managed to offload its $7,2 million loan to the Zimbabwe Asset Management ...
Government has enacted a law that will see the unbundling of the Civil Aviation Authority Zimbabwe (Caaz) and the establishment of a separate entity, the Airports Company of Zimbabwe.The Civil Aviatio...
BancABC, the local unit of African Banking Corporation, is among the top banks that are generating the bulk of their revenue from interest-bearing activities, a survey of financial institutions operat...