COAL miners in Hwange have cried foul over government's exorbitant land rental fees, which they claimed frustrated development in the mining sector.Peter Mutsinya, chief executive officer of Liberatio...
GWERU-based cement manufacturer, Sino Zimbabwe Cement Company (SZCC), hopes for improved turnover once infrastructural development deals signed between Zimbabwe and China take off.SZCC is a joint vent...
THE Bankers Association of Zimbabwe (BAZ) has elected FBC Bank managing director, Mr Webster Rusere, as its president taking over from Dr Charity Jinya. He would lead the organisation for two years an...
Leased equipment from Transnet has stabilised the National Railways of Zimbabwe (NRZ)'s operational capacity, enabling the parastatal to reach a peak in its operations.President Emmerson Mnangagwa in ...
LAFARGE Cement Zimbabwe is prospecting for affordable housing projects in and around Harare after it delivered 85 housing units in the capital.The company's communications manager, Tsungie Manyeza tol...
PRETORIA Portland Cement (PPC) Colleen Bawn general manager Allan Tshabangu has died after being involved in a car crash near Inyathi in Bubi District Matabeleland North.The accident is said to have o...
Imbibers and soft drink lovers are headed for hard times as the products are fast running out on supermarket shelves amid revelations that the country's biggest producer, Delta Beverages was left with...
Copper prices fell on Tuesday as the effect of a strengthening dollar overshadowed positive trade data from China, the world's largest consumer and producer of industrial metals.Chinese imports and ex...
ZIMSWITCH is in final stages to introduce an electronic transacting system for bulk payments to relieve pressure on the Real Time Gross Settlement (RTGS) system.Zimswitch deputy general manager Zabron...
BANKS have been urged to capitalise on technological developments, share information and offer affordable financial services to consumers to promote financial inclusion.The call was made by Reserve Ba...
BARCLAYS Bank of Zimbabwe says its non-performing loans stood at 2,2% at the end of 2017, a reflection of a quality loan book, the bank's head of customer service and corporate affairs, Emily Nemapare...
AGRO-PROCESSING company, United Refineries Limited (URL), is struggling to keep up with demand for its newly introduced product - vegetable juices, chief executive officer, Busisa Moyo has said.Recent...
NATIONAL Foods will, this month, launch its new product - Mixed Grain - as it seeks to consolidate its position in the local market.National Foods sales manager, Sarudzai Muzorori told Southern Eye th...
ZIMRE Holdings Limited (ZHL) has overturned its loss-making position by $4,36 million for the financial year ending December 31, 2017 on the back of cost reduction and an improvement in incomes from i...
GOVERNMENT is engaging tourism players with a possibility of reducing prices of hotel accommodation and activities to be affordable to locals as the drive to promote domestic tourism intensifies.Touri...
ZIMBABWE has moved a step closer to lithium value addition, as enunciated by President Emmerson Mnangagwa, following installation of a pilot lithium carbonate plant in Kwekwe by Australian-listed mini...
Ammonium Nitrate (AN) manufacturer Sable Chemicals is targeting to produce about 30 000 tonnes of fertiliser ahead of the winter cropping season, an official has said.Sable Chemicals chief executive M...
The Reserve Bank of Zimbabwe (RBZ) says it is disbursing $450 000 daily to banks with branches at tobacco auction floors to ensure farmers access cash.This comes following an outcry from farmers who a...
The country's oldest coal mining firm, Hwange Colliery Company Limited (HCCL), is considering selling the town for $300 million as part of efforts to raise funds to off-set its obligations with a numb...
Hwange Colliery Company Limited's (HCCL) management is set to meet Mr Nicholas van Hoogstraten, one of its major shareholders today to discuss possibilities of him injecting fresh working capital into...
A Zimbabwean mining company is considering upgrading a local nickel refinery to produce battery grade lithium or alternatively build a new lithium carbonate plant at a cost of up to $150 million, its ...
ZIMRE Property Investment Limited (ZPI) has declared a $515 000 dividend for the full year to December 31, 2018 spurred by a commendable performance during the period under review.This was after the p...
MTN Group announced on Monday that former deputy finance minister Mcebisi Jonas and businesswoman Bajabulile Swazi Tshabalala have joined its board as independent non-executive directors.Jonas, 58, wh...
Over 70 Zimbabwean white commercial farmers living in Zambia are yearning to return home and assist redevelop the agriculture sector in the once Southern African Development Community bread basket.The...
Econet Media has received Zimbabwe government permission to broadcast television and video content in its home nation via its Kwesé TV division.The new licence covers video-on-demand, web casting and...