Dawn Properties Limited has declared a final dividend of $274 860 in the full year to December 2017. The dividend, which translates to 0,0112 cents per share, comes after the property development firm...
ZIMBABWEAN businessman, Frank Buyanga's African Medallion Group (AMG) has taken control of South Africa-based, Pagliari Group, a subsidiary of Rand Refinery, which manufactures and supplies high qual...
A TREK Agriculture Petroleum employee has been taken to court for allegedly fleecing his employer of over $42 000 worth of diesel earmarked for use at the Agricultural and Rural Development Authority ...
Cable manufacturing company, Cafca says its second half year performance hinges on the availability of foreign currency, as it joins a slew of companies whose operations are being hampered by persiste...
GOVERNMENT has engaged two foreign firms to evaluate dumps at Shabanie Mashava Mines (SMM) as part of efforts to extract asbestos fibre and other minerals.Early this year SMM invited expressions of in...
AIM-listed Caledonia Mining Corporation says employees at its Blanket Mine and the Gwanda community, from which it operates, will retain their shares as the firm plans to increase its stake in the Mat...
GOVERNMENT has been urged to revisit the Farmers Stop Order Act, in order to protect contractors and all financial institutions against small scale tobacco farmers who are side-marketing their crops.C...
A SHOWDOWN is looming between suspended Hwange Colliery Company Ltd managing director Thomas Makore and the board after he denied claims he had resigned.It has emerged Eng Makore only agreed to resign...
CBZ Holdings Limited has appointed ormer Bancabc acting chief, Doctor Blessing Mudavanhu, as its new group chief executive officer.Dr Mudavanhu's appointment is with effect from June 1, 2018.He takes...
NMBZ Holdings expects its 2018 performance to be even better than last year's, its chief executive, Mr Ben Washaya, told the group's annual general meeting last Thursday (May 24).He said already the o...
The topsy-turvy 40 percent ownership saga of Telecel Zimbabwe's shares, which are held by Empowerment Corporation (EC) has taken a new twist amid claims and counterclaims between the local grouping's ...
Zimbabwe gold producers say the yellow-metal subsector has potential to rake in millions of dollars in export receipts, but requires a lot of capital to recapitalise operations.The southern African co...
Zimbabwe Stock Exchange-listed agricultural concern Ariston Holdings is slowly emerging out of the woods after the company posted a $28 500 profit in the half year to March 31, 2018 compared to a $2 m...
The troubled Hwange Colliery Company Limited managing director Stenjwa Thomas Makore has resigned following a spate of accusation of corruption allegedly involving him.According to a statement by the ...
OLD Mutual Private Equity (OMPE) has announced it acquired a 50% interest in South African healthcare firm Medhold Group Proprietary Limited (Medhold) for a yet undisclosed amount, pending approval by...
AT least 229 employees of the now-defunct Gweru- based ferro-chrome producers, ZimAlloys (Pvt) Ltd, have approached the High Court seeking a court order to institute legal proceedings against their pa...
Oil processing companies are in negotiations with Government for them to buy soya beans at import parity price of $400 per tonne in a bid to maintain the price of cooking oil and other related product...
NMB Bank Zimbabwe operating income rose 53 percent to $19,2 million for the four months to April 30, 2018 driven by growth in interest and non-interest income. Chief executive Benefit Washaya told sha...
STEWARD Bank has partnered with Net Guardian fraud monitoring experts for banks worldwide, to implement a fraud monitoring system to ensure security of transactions, in the wake of increased card clon...
Mining firms in Zimbabwe are not opposed to proposals to list their stock on the Zimbabwe Stock Exchange (ZSE), but have stayed away because the bourse is currently 'too thin' to mobilise the kind of ...
Zimbabwe is lagging in terms of technology after the country only made a paltry 28 patent applications, latest data from the United Nations has shown.The patent applications made by people living in ...
The Zimbabwe is open for business mantra has opened economic avenues for the country and to buttress this, the Office of the President and Cabinet (OPC) through its Special Advisor Ambassador Christop...
The president of the MDC Alliance Advocate Nelson Chamisa has criticised the Mnangagwa's command agriculture programme saying his government will do away with the scheme and adopt new technologies of ...
AFRICA has always been the continent of the brave and one brave producer is looking to bring back the golden era of Zimbabwe wines, after years of the country being in a depression.The verdant Winelan...
Like ducks to water, Zimbabwean retail banks are embracing technology to the point of doing away with paper transactions in their banking halls.This week, CABS became the latest institution to ditch p...