The use of advanced metering technologies is steadily on the rise in Africa, but, to evolve the business models of the electrical utilities operating on the continent, utilities still need to harness ...
By Staff reporter | Published: 04 June 2018
The South African government has committed to an aggressive program of economic reform to reignite its stalled economy. President Cyril Ramaphosa's new deal for banks and corporates offers renewed dyn...
By Agencies | Published: 04 June 2018
Kwese TV, a unit of Econet Media, has created 2 500 jobs in Zimbabwe since it was launched in October last year.The satellite and broadcasting TV network, which is currently offering flexible packages...
By Staff reporter | Published: 04 June 2018
PAN-African banking group, Ecobank, has won two major awards at the recent African Banker's prestigious ceremony held in Busan, South Korea.The bank has been named 'best retail bank in Africa' after ...
By Staff reporter | Published: 04 June 2018
FAST food chain, Simbisa Brands is set to open two outlets in Kwekwe in the next two months as it spreads its wings to maintain market dominance on the local market.Simbisa already operates Nando's, C...
By Staff reporter | Published: 04 June 2018
BARCLAYS Bank of Zimbabwe says it will be operating under a dual brand by October this year following its acquisition by FMB Malawi last year.Last October, FMB received regulatory approvals to acquire...
By The Source | Published: 04 June 2018
STEWARD Bank has recorded profit before tax of $32,7 million for the full year ended February 28, 2018, a 133 percent jump from last year's $8,4 million.In statement accompanying the bank's financial ...
By Staff reporter | Published: 04 June 2018
ECONET Wireless Zimbabwe has reported impressive $831,6 million top line revenue for the full year ended 28 February 2018, a 34 percent increase from the $621,7 million reported in the prior year.Buoy...
By Staff reporter | Published: 04 June 2018
THE Postal and Telecommunications Regulatory Authority of Zimbabwe has collected over $120 million since the introduction of the multi-currency system in 2009 under the Universal Services Fund (USF), ...
By Staff reporter | Published: 04 June 2018
ECONET Wireless Zimbabwe is desperate to find a quick solution to circumvent regulatory challenges which have hampered plans to list $50 million debentures on an external securities exchange to protec...
By Staff reporter | Published: 04 June 2018
A combination of adverse factors saw pan-African seed giant Seed Co record lower than expected sales volumes and revenue for the year-ended March 31, 2018. According to chief executive officer Morgan ...
By Staff reporter | Published: 04 June 2018
Listed property development firm, Mash Holdings says it is reviewing its land banks as a way of unlocking value for shareholders. The group's chairperson, Ron Mutandagayi said the company will maintai...
By Staff reporter | Published: 04 June 2018
Employees in the financial and banking sector under the Zimbabwe Banks and Allied Workers Union (Zibawu) have accused banks of ripping-off clients while paying them slave wages.The workers, in a lett...
By Staff reporter | Published: 04 June 2018
Local seed company Seed Co's thought leadership initiatives recently saw 30 farmers being flown to South Africa to join about 80 000 agriculture stakeholders across the globe at the Nampo Park Exhibi...
By Staff reporter | Published: 04 June 2018
THE Government should establish an independent financial intelligence unit, outside the Reserve Bank of Zimbabwe, to guarantee its effectiveness under the Money Laundering and Proceeds of Crime Act....
By Staff reporter | Published: 04 June 2018
BULAWAYO businessman Mr Jim Ross Goddard says his company will deliver the best service and render investment value after it won an earth-moving contract running into millions of dollars from Prospect...
By Staff reporter | Published: 04 June 2018
ZIMBABWE's biggest chicken breeder - Irvine's is now supplying 80 percent of the total requirements for day-old chicks.The company anticipates to meet full demand by September as it continues on its ...
By Staff reporter | Published: 04 June 2018
Reserve Bank of Zimbabwe (RBZ) deputy governor, Dr Jesimeni Chipika has said the central bank can no longer account for the bond notes and coins that are in circulation due to massive hoarding of the...
By Staff reporter | Published: 04 June 2018
Zimbabwe has concluded a $1.4bn agreement with the Export-Import Bank of China (Exim Bank) to expand power generation and help alleviate the country's perennial electricity shortages.According to a s...
By Staff reporter | Published: 04 June 2018
Business Shingi Munyeza seems to have failed to grow the businesses he acquired several years ago as he is reportedly set to dispose the franchises.Munyeza started by scaling down operations at some ...
By Staff reporter | Published: 04 June 2018
Zimbabwe's Women's Microfinance Bank Limited which had missed several proposed launch deadlines has finally been licensed to conduct deposit-making microfinance business with effect from May 29.The b...
By Staff reporter | Published: 04 June 2018
Integrated telecommunications company, TelOne, has embarked on an "Anti-vandalism" community outreach after vandalism had threatened an upgrade of Zimbabwe's main communication system and exchanges i...
By Staff reporter | Published: 04 June 2018
THE National Railways of Zimbabwe (NRZ) has recorded a 50% increase in the number of passengers using its trains following the deployment of new coaches early this year, an official has claimed.Early...
By Staff reporter | Published: 04 June 2018
Regional hospitality group Cresta Hotels has re-launched its Cresta Churchill hotel in Bulawayo after completing a $700 000 refurbishment that was focused principally on its accommodation offering, b...
By Staff reporter | Published: 04 June 2018
THE National Railways of Zimbabwe (NRZ) is levying close to US$0,10 to move a tonne of freight per kilometre, nearly 300% more than other competing rail operators in the region, a key coal-mining comp...
By Staff reporter | Published: 01 June 2018
Geza sparks chaos for Zanu-PF conference 
Botswana enforces new 24% local ownership rule 
'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
