NEW accounting rules introduced in January this year to force banks to estimate future credit losses are likely to have a significant impact on the country's financial institutions, accountants have n...
By Staff reporter | Published: 10 May 2018
DATA usage increased by 89,8 percent to 15,4 million megabytes (MB) in 2017 from 8,1 million MB in 2016, the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has revealed.POTRAZ...
By Staff reporter | Published: 10 May 2018
LOCAL banks have been urged to remove collateral as a condition for extending lines of credit to entrepreneurs.Finance and Economic Development deputy minister Terrence Mukupe called on banks to be ac...
By Staff reporter | Published: 10 May 2018
ECOBANK Zimbabwe recorded the lowest cost to income ratio among the banks that announced financial results for the year to December 31, 2017, an analysis by Old Mutual Securities (OMSEC) has revealed....
By Staff reporter | Published: 10 May 2018
ZIMBABWE'S main postal services provider, Zimpost, has rebranded and unveiled new products and services along with a fresh logo.The new logo, products and services were unveiled at this year's Zimbabw...
By Staff reporter | Published: 10 May 2018
ZIMBABWE's high cost of borrowing, which is much higher than in regional economies, is rendering the country's products uncompetitive, a Zimbabwe Economic Policy Analysis and Research Unit (ZEPARU) re...
By Staff reporter | Published: 10 May 2018
AIM-listed mining company Vast Resources (Vast) says it plans to invest significantly in its operating mines in Zimbabwe and Romania.This was after the miner, which operates Pickstone-Peerless Gold M...
By Staff reporter | Published: 10 May 2018
SOUTH African fast food franchise Mochachos officially launched in the Zimbabwe yesterday operating under the Splash Group.Splash acquired the franchise for local operations last year.Speaking to News...
By Staff reporter | Published: 10 May 2018
Econet Wireless Zimbabwe has demonstrated its stellar organisational capabilities by bagging top global and national awards for outstanding human capital development.The company was recently awarded t...
By Staff reporter | Published: 10 May 2018
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...
By Staff reporter | Published: 10 May 2018
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...
By Staff reporter | Published: 10 May 2018
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...
By Staff reporter | Published: 10 May 2018
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 ...
By Staff reporter | Published: 09 May 2018
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...
By Staff reporter | Published: 09 May 2018
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...
By Staff reporter | Published: 09 May 2018
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...
By Staff reporter | Published: 09 May 2018
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...
By Reuters | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 May 2018
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...
By Staff reporter | Published: 08 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
