A KEY shareholder in the Zimbabwe Stock Exchange-listed coal mining giant Hwange Colliery Company Limited has raised the red flag over its multimillion-dollar coal gasification project, amid claims th...
By Staff reporter | Published: 17 May 2018
HWANGE Colliery Company Limited (HCCL) shareholders toyed with the idea of cutting 1 300 jobs to save the company two years ago, a report has said.Minutes of two-day meetings of major shareholders hel...
By Staff reporter | Published: 17 May 2018
ZIMBABWE'S foreign payments backlog has risen to over $600 million from $570 million in September last year, central bank governor John Mangudya has said.The governor dismissed assertions from pockets...
By Staff reporter | Published: 17 May 2018
AUTO Tyres Zimbabwe has retrenched its entire staff after efforts to recapitalise the company, which stopped operations in 2016, failed, The Financial Gazette reported.A notice seen by The Financial G...
By Staff reporter | Published: 17 May 2018
Bitcoin was trading locally at a premium to prices obtaining on cryptocurrency exchanges outside of Zimbabwe.Bitcoin was trading locally at a premium to prices obtaining on cryptocurrency exchanges ou...
By Staff reporter | Published: 17 May 2018
COMPETITION in Zimbabwe's beverages sector is set to intensify this year after the opening of Varun Beverages' Pepsi bottling plant in Harare.IH Securities said the beverages spaces, which is dominate...
By Staff reporter | Published: 17 May 2018
LONDON Stock Exchange-listed resources firm, Caledonia Mining Corporation (Caledonia), says its cash from operating activities surged by 296 percent to $7 million in the first quarter from $1,77 milli...
By Staff reporter | Published: 17 May 2018
THE Progressive Agriculture and Allied Industries Workers' Union of Zimbabwe (Paawuz) has asked the government to increase the minimum wage for farm workers by at least 100% to $150 per month, saying ...
By Staff reporter | Published: 17 May 2018
DESPITE a chicken import ban, data from the South African Revenue Services shows that over 1 000 tonnes of frozen chicken and offals were exported by that country to Zimbabwe from 2017.The Livestock,...
By Staff reporter | Published: 17 May 2018
TOBACCO Industry and Marketing Board (TIMB) is set to roll out a $70 million input facility scheme ahead of the 2018/19 season to boost production of the golden leaf.TIMB spokesperson, Isheunesu Moyo ...
By Staff reporter | Published: 17 May 2018
A SHURUGWI-BASED small-scale gold miner, Florence Mbizo, has taken the Zimbabwe Mining and Smelting Company (Zimasco), to court for allegedly encroaching into her mining claim.According to the court p...
By Staff reporter | Published: 17 May 2018
AUSTRALIA-listed junior miner, Prospect Resources, has appointed global engineering firm DRA to provide engineering services and upfront design for its Arcadia Lithium project.In February, Prospect Re...
By Staff reporter | Published: 17 May 2018
Zimbabwe Alloys Ltd has appealed the High Court judgment stopping the local ferrochrome producer from terminating the $90 million take-over bid by an Indian firm, Balasore Alloys as the tussle over th...
By Staff reporter | Published: 17 May 2018
Dairy and food processor, Dairibord Holdings' performance in the four months to April was above the same period last year with revenue growth at 17 percent ahead of prior year.In a trading update to s...
By Staff reporter | Published: 17 May 2018
Tharisa has acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Limited ('Salene') at the par value thereof from the Leto Settlement Trust ('Leto'), a related party being the beneficial shareh...
By SENS | Published: 16 May 2018
ZIMBABWE'S cryptocurrency exchange, Golix, says it has traded more than $20 million to date and is looking forward to opening exchanges in more African countries as well as expanding the portfolio of ...
By Staff reporter | Published: 16 May 2018
THE Insurance and Pension Commission of Zimbabwe (Ipec) says pension funds have more than $28 million worth of unclaimed benefits, a symptom of lack of knowledge, which is one of the problems burdenin...
By Staff reporter | Published: 16 May 2018
THE Bulawayo leather cluster shoe factory has started operating, with a new product line expected to hit the market soon.Cluster secretary, Mr Fungai Zvinondiramba, said they were in talks with a numb...
By Staff reporter | Published: 16 May 2018
MINES and Mining Development Minister Winston Chitando says a new gold development policy is being formulated to assist artisanal and small-scale miners to ramp up production.The new policy document w...
By Staff reporter | Published: 16 May 2018
AIM-listed Caledonia Mining Corporation plans to increase its stake in Gwanda-based gold producer, Blanket Mine, following recent amendments to the Indigenisation and Economic Empowerment Act by Gover...
By Staff reporter | Published: 16 May 2018
Government has started registering farmers who will benefit from the Command Livestock scheme in Beitbridge district, the district agriculture extension officer Mr Masauso Mawocha has said. Mr Masauso...
By Staff reporter | Published: 16 May 2018
Oil prices hit a 3-1/2-year high on Tuesday, supported by tight supply and planned U.S. sanctions against Iran that are likely to restrict crude oil exports from one of the biggest producers in the Mi...
By Reuters | Published: 16 May 2018
The Zimbabwe Newspapers (1980) Ltd has been granted a television broadcasting licence by the Broadcasting Authority of Zimbabwe. This makes the media house the first and only fully integrated media ho...
By Staff reporter | Published: 16 May 2018
Fixed phone operator TelOne has fallen victim to massive theft of copper cables, with the latest being the looting of a 1 200m pair cable feeding a major section of the Harare's central business distr...
By Staff reporter | Published: 16 May 2018
HWANGE Colliery Company has suspended its managing director Thomas Makore to facilitate an investigation into allegations of insubordination, sources have revealed. But the company said the suspension...
By Staff reporter | Published: 16 May 2018
Zimbabwe army warns public over fake recruitment 
Mugabe son paid shooting victim R400k, court told 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Fuel shock drives Zimbabwe inflation higher 
Zimbabwe mobile sector grows as data usage surges 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
