The African Development Bank (AfDB) mission in Zimbabwe is here for business as the country is critical for the institution, the bank's top official said yesterday.Abdu Mukhtar, director of Industrial...
OLD Mutual Zimbabwe Limited group chief executive officer Jonas Mushosho said the parent company will begin to unlock value now that its primary listing was moved to the Johannesburg Stock Exchange (J...
ORGANISERS of the Zimbabwe International Film Festival Trust (ZIFFT) said the Smartphone Short Film Competition, launched two months ago, have unearthed rich untapped filmmaking talent among youths fr...
BANCABC parent, Atlas Mara, has increased its stake in a Nigerian bank to 49%, as it seeks to cement its foothold in Africa's largest economy.In a notice on Tuesday, Atlas Mara said it has agreed to a...
National Railways of Zimbabwe has been dragged to court by a former employee who is seeking $40 000 in outstanding retirement benefits.George Tshabangu filed his application for summary judgment at th...
Zimbabwe will treble gold output to 100 tonnes in 12 years on the back of recapitalisation in the gold sector, the Chamber of Mines has said.Gold output is projected at 30 tonnes this year after the i...
THE country's leading manufacturer of conveyor belts - General Beltings Holdings' revenue for the five months to May 2018 grew 23 percent on increased volumes across board.In a trading update volumes ...
GIANT agro-processor United Refineries Limited (URL) has adopted food fortification as part of its long term business model in keeping with the country's nutrition policy and global trends.Food forti...
Zimbabwe's gold production is on an upward trend with 2.2 tonnes coming from small-scale miners whilst 1.2 tonnes coming from large-scale miners to give a total output of 3.4 tonnes for the month of M...
Construction firms are on collision course with workers, who are threatening to strike and take legal action over a wage hike. The workers accuse the employers of reneging on an agreement reached in...
SUGAR manufacturing giant Tongaat Hulett's Hippo Valley Estates has reported an eight percent revenue decrease to $137 million in the full-year period to 31 March 2018 compared to $148,5 million in th...
ASSETS in the life insurance industry have grown by 68 percent to $2, 52 billion in the past four years to 2017 on the back of a bull run experienced last year.Figures from the Insurance and Pension C...
Profits for the Zimbabwe Stock Exchange-listed entity Hippo Valley Estates for the year to March 31, 2018 jumped 42 percent to $11 million compared with $7,7 million reported in the prior year despite...
Speech by Old Mutual Zimbabwe Group CEO and rest of Africa CEO - Mr Jonas MushoshoThank you, Director of Ceremonies,The Minister of Finance and Economic Development Hon. Patrick ChinamasaOld Mutual Z...
Old Mutual Zimbabwe has relisted on the Zimbabwe Stock Exchange (ZSE) as a part of a broader group strategy to focus its business in Africa.Yesterday, Old Mutual Plc's shares were suspended from the U...
A CHINHOYI-BASED gold mine, Eldorado Mine recently successfully obtained a court order compelling the Zimbabwe Electricity Transmission and Distributing Company (ZEDTC) to disconnect power supply to i...
THE National Railways of Zimbabwe (NRZ) is currently negotiating with some partners in the shipping line, with a view to signing more service level agreements to boost business, an official has said.L...
About 75 delegates from five tobacco-growing countries converge in Harare today to discuss challenges and threats facing the sector.The delegates will be drawn from Zimbabwe, Malawi, South Africa, Tan...
TOBACCO sales have recorded a 28,3 percent increase so far, raking in $592,3 million compared to $461,6 million earned during the same period last year.Latest data from the Tobacco Industry and Market...
Government is working with the Reserve Bank of Zimbabwe (RBZ) and other relevant bodies to ensure the country's banking sector is in a position to play key intermediary roles in the recovery of the ec...
Zimre Holdings Limited (ZHL) says conversion of proceeds from sale of Zimre Centre in Harare towards construction of the Victoria Falls Sawanga Mall, will enhance revenue growth for the firm in the fi...
The Government has stepped up marketing efforts in the United Kingdom (UK) as a way to regain the tourism market in that country, a Cabinet Minister has said. Since the ushering in of a ne...
President Emmerson Mnangagwa has officially opened the Zimbabwe Women's Microfinance Bank (ZWMB), promising to soon announce comprehensive strategies to alleviate cash shortages in the economy.During ...
The Fifa 2018 World Cup tournament has been a boon for the uptake of Kwesé iflix, Econet Media's recently launched video-on-demand service, which offers top sports and entertainment content on mobile...
ZIMBABWE is set to launch its second leather industry strategy next month, which is expected to boost production in the region, a Common Market for Eastern and Southern Africa (Comesa) official has sa...