MOBILE Network Operators (MNOs) have slashed mobile data tariffs from 12,5 cents to five cents per megabyte in compliance with a Postal and Telecommunications Regulatory Authority of Zimbabwe directiv...
By Staff reporter | Published: 02 July 2018
GOVERNMENT has formed a new company, Hwange Electricity Supply Company (Hesco), to manage power generation under the $1,5 billion Hwange Thermal Power Station expansion project.Energy and Power Develo...
By Staff reporter | Published: 02 July 2018
RENOWNED international restaurant, Barcelos, has invested close to $250 000 in setting up its first shop in Bulawayo.The 100-seater restaurant, which is best known for its periperi chicken, will be si...
By Staff reporter | Published: 02 July 2018
RETAIL chain Choppies Zimbabwe on Friday opened its 18th branch in Bulawayo, bringing to 33 the number of branches it now runs across the country.The new branch was opened at Parklands Shopping Centre...
By Staff reporter | Published: 02 July 2018
AGRIBANK has recorded a profit of $2,9 million in the first five months of the year to May 31, 2018, a move that thrusts the agriculture financing institution on a path to more profits by year end.The...
By Staff reporter | Published: 02 July 2018
Government has rapped TelOne for allegedly demanding money from schools for the provision of Internet services, yet the company was already benefiting from a grant availed by the State for the same pr...
By Staff reporter | Published: 02 July 2018
Econet Wireless has literally thrown all men forward and mounted an all-out attack on the market to ensure it wins an early victory in the video-on-demand game with Kwese iflix.Last Friday the company...
By Staff reporter | Published: 30 June 2018
Fastjet - the budget African airline founded by Stelios Haji-Ioannou - reassuring all fastjet passengers, the travel industry and our partners that the company will continue to operate in a state of '...
By Staff reporter | Published: 30 June 2018
Chinese firm Anjin Investments (Private) Limited (Anjin) has lost a Constitutional Court application in which it sought the nullification of a 2016 government directive expelling it from the diamond-r...
By Staff reporter | Published: 30 June 2018
Cresta Hotels is undertaking a $2,5 million refurbishment of Cresta Oasis Hotel and Apartments in Harare, gearing for an expected increase in local and international business in coming months and year...
By Staff reporter | Published: 30 June 2018
Lonmin Plc has entered into a conditional Sale of Shares Agreement to sell its 50% interest in Petrozim Line for a gross cash consideration of $14,750,000 to the National Oil Infrastructure Company of...
By Ngoni Shenjere | Published: 29 June 2018
London-based Old Mutual Plc (OMP) is set to dispose of a 34,1% of its 54% equity stake in Nedbank to come down to 19,9% in the next six months after its managed separation strategy this week.Nedbank, ...
By Staff reporter | Published: 29 June 2018
Zimbabwe's liquidity challenges are set to persist until after the country's July 30 polls with financial institutions heavily exposed to political risks, an international think tank has said. Fitch G...
By Staff reporter | Published: 29 June 2018
The acquisition of the Eureka Gold Mine by global mining group, Vast Resources' was an "exceptionally cheap acquisition", according to a United Kingdom-based independent research company, Equity Devel...
By Staff reporter | Published: 29 June 2018
ZANU-PF youths in Marondera have ordered Proton Bakeries to employ at least 100 party supporters.This was revealed by provincial youth executive member Ozin Chitani at a rally in Marondera on Wednesda...
By Staff reporter | Published: 29 June 2018
BULAWAYO-BASED mining company, Blythdale Mining Services, has approached the High Court seeking an order compelling Kwekwe-based Sheafta Mining to reimburse it for equipment which the latter failed to...
By Staff reporter | Published: 29 June 2018
Zimbabwe's sugar production is projected to increase by 17% to 460 000 metric tonnes in the 2018/19 season, mainly due to higher volumes of better quality sugarcane available for crushingDepartment of...
By Staff reporter | Published: 29 June 2018
CAAZ cracks whip on FlyAfricaThe Civil Aviation Authority of Zimbabwe (CAAZ) has given Fly Africa 90 days to sort out its operating status or risk revocation of their licence, documents at hand sugges...
By Staff reporter | Published: 29 June 2018
Herbert Nkala has retired as chairman of African Sun Limited after more than three years at the helm, with the hospitality group expected to announce his successor in the coming days.Speaking at Afric...
By Staff reporter | Published: 29 June 2018
Property concern Dawn Properties Limited revenue for the five months to May 2018, increased 27 percent to $2,2 million compared to same period last year. Property income from hotels and timeshares was...
By Staff reporter | Published: 29 June 2018
Original owner of Arlington Estate, Portland Holdings (Private) Limited, now PPC Zimbabwe, has written a letter to the Local Government ministry demanding a reversal of the acquisition of the property...
By Staff reporter | Published: 28 June 2018
OLD Mutual Limited shares closed at 450 cents on Tuesday, the stock's first day of trading on the Zimbabwe Stock Exchange (ZSE).Trading in the stock, which represents a relisting of Old Mutual plc fol...
By Staff reporter | Published: 28 June 2018
Insurance and Pension Commission head of prudential services Pupurai Togarepi has left the organisation to pursue a career in politics.The Zanu PF national youth chairperson, who has vast knowledge an...
By Staff reporter | Published: 28 June 2018
Shares in African budget airline Fastjet collapsed on Wednesday after warning it could go bust unless it obtains new funding.The airline, set up by easyJet founder Sir Stelios Haji-Ioannou, flies in s...
By BBC | Published: 28 June 2018
BULAWAYO-BASED milling company, Buntu Foods Private Limited, said it was seeking $90 000 for equipment and raw material purchases.The company's operations director, Godfree Ndlovu-Mgumba, told NewsDay...
By Staff reporter | Published: 28 June 2018
Chiwenga's ally mobilises protests to oust Mnangagwa 
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
