Over 100 million kilogrammes of tobacco worth $289,8 million have been sold by farmers since the opening of the season.The tobacco was sold at an average price of $2,87 per kilogramme. According to th...
By Staff reporter | Published: 16 May 2018
China's Sinosteel Corporation has agreed to invest $1-billion in Zimbabwe to build a power plant and increase ferrochrome output, the Southern African country's President Emmerson Mnangagwa said on Mo...
By engineeringnews | Published: 15 May 2018
PROTON Bakers says it has recorded 400 percent growth in sales in Bulawayo alone where it has created 153 jobs, a year after entering the market in the southern region.The Marondera-headquartered firm...
By Staff reporter | Published: 15 May 2018
TEXTILE giant, Merlin, has filed a High Court application seeking to dispose obsolete and non-core assets to raise additional working capital.The Bulawayo-based company, which presently is under judic...
By Staff reporter | Published: 15 May 2018
TRANSPORT and Infrastructural Development Minister Dr Joram Gumbo says the $70 million Malaysian plane deal will go a long way in improving the aviation industry and supporting efforts to open up the ...
By Staff reporter | Published: 15 May 2018
Caledonia Mining Corporations says it is on course to achieve gold production output of 80 000 troy ounces (about 2,4 tonnes) by 2021 at its Blanket Mine, although production during the quarter to Mar...
By Staff reporter | Published: 15 May 2018
Harare digital money exchange Golix.com has suspended plans to raise $35,8 million through an Initial Coin Offering (ICO) until further notice, after the Reserve Bank of Zimbabwe (RBZ) effectively shu...
By Staff reporter | Published: 15 May 2018
Zimbabwe and Sinosteel of China have signed a memorandum of understanding (MOU) to the tune of $1.01 billion for the mining of ferrochrome and coal bed methane in Matabeleland North Province.Projects ...
By Staff reporter | Published: 14 May 2018
A Dutch firm has engaged the Zimbabwe government on intentions to set up a factory in Zimbabwe to value-add cannabis for medicinal purposes.There has been an overwhelming response from people and comp...
By Ngoni Shenjere | Published: 14 May 2018
Government has awarded the State-owned telecoms firm TelOne a broadcasting licence, allowing the company to offer video on demand services.TelOne announced the news yesterday in one of the State-run n...
By Staff reporter | Published: 14 May 2018
Zimbabwe's financial sector will soon revive long-term loans for the industry as the central bank is finalising affordable offshore credit line facilities with regional and global banks. &n...
By Staff reporter | Published: 14 May 2018
Lucky subscribers of NetOne's mobile money service, OneMoney, have been paid back the money they used to pay school fees through the service, as part of a promotion being run by the mobile network ope...
By Staff reporter | Published: 14 May 2018
THE Ministry of Mines and Mining Development has set a target of producing 75 tonnes of gold annually in the next five years as Government seeks to boost reserves and increase mining sector earnings.G...
By Staff reporter | Published: 14 May 2018
THE Parliamentary Portfolio Committee on Finance and Economic Development has demanded validation of the $500 million Zisco debt to authenticate the arrears before Government takes over the firm's lia...
By Staff reporter | Published: 14 May 2018
ZIMBABWE'S top resort town, Victoria Falls, has received a record number of tourists and healthy forward bookings, according to Africa Albida Tourism (AAT).AAT chief executive, Ross Kennedy, said mont...
By Staff reporter | Published: 14 May 2018
HWANGE Colliery Company Limited (HCCL) says it is targeting to increase its coal production by 29.3 percent to 300 000 tonnes per month by June this year as it continues to pursue its scheme of arrang...
By Staff reporter | Published: 14 May 2018
Zambia's leading airline, Proflight Zambia, is set to introduce flights between Harare and Lusaka during the first week of July.Civil Aviation Authority of Zimbabwe public relations and communications...
By Staff reporter | Published: 14 May 2018
CANADIAN investors are scouting for business opportunities in Guruve in a bid to secure 10 000 hectares of land for marijuana farming due to the area's favourable climatic conditions.Discussions are a...
By Staff reporter | Published: 14 May 2018
GLOBAL electrical engineering giants, China Power and United States incorporated General Electric (GE), have launched a joint bid for a contract to construct the 2 400-megawatt Batoka Gorge hydropower...
By Staff reporter | Published: 14 May 2018
Zimbabwe's gold production is projected to rise to a record 30 tonnes year as producers' ramp up output, Finance and Economic Planning minister Patrick Chinamasa has told Parliament.Chinamasa said gol...
By Staff reporter | Published: 14 May 2018
Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...
By Staff reporter | Published: 14 May 2018
NMB Bank says it has secured a corresponded agent for United States dollars and Euro clearing with a German bank to facilitate international transactions.The bank said in a notice that it has partnere...
By Staff reporter | Published: 13 May 2018
THE Government will tomorrow sign a mega mining investment deal that will see more than $730 million worth of investment coming into the mining sector, Mines and Mining Development Minister Winston Ch...
By Staff reporter | Published: 13 May 2018
Delta Beverages' revenue grew 18 percent to US$572 million for the year ended March 31, 2018, compared to US$482 million in the prior year.This is the Group's first revenue growth in five years as it ...
By Staff reporter | Published: 13 May 2018
ZIMBABWE is set to produce huge tonnes of coal in the near future driven by the ambitious production targets set by two new miners, Zambezi Gas and Liberation Mining, in a move expected to guarantee a...
By Staff reporter | Published: 13 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
