INCREASED pressure on rental defaults is seen continuing into 2019 given the tough economic environment which has seen rentals on business premises become unaffordable, a real estate executive says.Da...
TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...
PRIVATE Hwange coal miner, Makomo Resources, says it expects to ramp up its production in the third quarter of this year to surpass last quarter's figures by 50% following acquisition of new machinery...
TOURIST arrivals at Matobo National Park surged 11% to 11 513 during the first quarter of the year, spurred by the growth in both foreign and domestic arrivals, an official has said.In emailed respons...
TELECOMMUNICATIONS provider Econet Wireless Zimbabwe has declared a dividend of 0.772c per share amounting to $20 million for the quarter ended May 31, 2018.The shares will trade cum-dividend till Jul...
PLAYERS in the livestock industry have hailed efforts by the Government to revive ailing meat processor and marketer, Cold Storage Company (CSC), describing them as a major stride towards enhancing th...
Low cost airliner, fastjet, is set to land at the Joshua Mqabuko Nkomo International Airport at about 9am today, on the aviation firm's inaugural flight on the Harare-Bulawayo route. This move is in s...
AGRIBANK has obtained a $30 million line of credit from the Industrial Development Corporation of South Africa (IDCSA) to support the agriculture sector. The facility is favourably priced at Libor +8,...
LONDON-listed Cambria Africa Plc says it has raised a total of £2,1 million (US$2,8 million) from an open offer of 191 million ordinary shares issued in May.An open offer is a secondary market offeri...
Air Zimbabwe (AirZim) requires US$6 million to purchase two Embraer aircraft for its domestic and regional routes, businessdigest reported.As previously reported by the Zimbabwe Independent, AirZim is...
We are searching for graduates who are not only capable of succeeding in our organisation today and are also potential leaders of tomorrow. Our flagship Graduate Trainee Programme is a two year advent...
LOCAL seed manufacturer Agriseeds (Pvt) Ltd is now looking into the southern African region for potential synergies, as the company looks to lift its capacity to 100% in the next two years.The regiona...
Chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco) has scaled up production in the first half of the year making the company largely in line with its annual target production.Zimas...
SUGAR processor Starafricacorporation (Starafrica) has upgraded its machinery in a development that has positioned the company to target the regional export market, which it once dominated at the peak...
ANGLO American Platinum on Thursday said it's Zimbabwean unit, Unki Mine, increased its platinum group metals production by 8,0 percent to 46 800 ounces in the second quarter due mainly to increased c...
CBZ Holdings Limited is holding its breath while American investigators comb through records of its international transactions to determine the extent of any breaches by the bank of Washington's sanct...
Masvingo City Council has taken Bakers Inn to court for selling meat pies with micro-organism unfit for human consumption.Emmanuel Katsvamutima, a sales marketing manager at the fast food outlet, appe...
Health authorities in Zambia are investigating the safety of a popular Zimbabwean juice, Mazoe.There are fears that counterfeit Mazoe products have hit the market and are not fit for consumption.The g...
MTN today announced the resignation of Stephen van Coller, Vice President of Digital Services, Data Analytics and Business Development with effect from 31 August 2018. Stephen has resigned to take up ...
Local farmers have been urged to grow sesame seeds for export with indications that global imports of the oldest oilseed crop raked in $2,2 billion in 2017.Sesame seed is one of the oldest oilseed cro...
VICTORIA Falls International Airport is overwhelmed by visitors, a development that has seen some airlines either increasing frequency or introducing bigger planes to meet demand.The new look facility...
Telecoms giant Econet has launched an innovative short-term motor vehicle insurance service, EcoSure Moovah. The service will offer vehicle insurance cover, ZINARA and ZBC licence discs - as well as f...
PARALLEL market rates have finally hit 100% when using EcoCash or bank transfers to buy the greenback, the first time they have reached such a rate since dollarisation and the main question now is how...
SEED Co Limited board has proposed to its shareholders to partially unbundle 71% of its Seed Co International Limited shares by way of a pro rata dividend-in-specie distribution as part of a strategy ...
AIR Zimbabwe has launched a promotion where customers get a free flight after every four flights to boost trade and domestic tourism.The promotion, dubbed "#Fly4Free," was launched last Friday and wil...