ZIMBABWE will this year set up a metallurgical laboratory to determine the exact value and quality of mineral export shipments, particularly the platinum group of metals (PGMs), businessdigest reporte...
CONSTRUCTION of Old Mutual's US$21,4 million small-to-medium enterprises (SMEs) complex, which was initially set to be finalised during this year's first half, will be delayed owing to the debilitatin...
Zimre Holdings Limited (ZHL) says it is targeting to raise, through its subsidiary, Emeritus International, in excess of US$80 million through the first phase of a private placement, which will enable...
THE High Court has cleared the way for a civil claim against the directors of Royal Bank of Zimbabwe for alleged gross negligence and mismanagement, which the liquidator says resulted in the collapse ...
ECOCASH's data application is now compatible with NetOne and Telecel numbers, a spokesman for the mobile money service told The Financial Gazette last week.He said holders of lines from other networks...
VICTORIA Falls councillors have threatened to take action against two leading Legacy Hotels in Victoria Falls who owe the municipality nearly $200 000 in unpaid water and rates.Speaking at a full coun...
Hundreds of people the majority of them, laid off Ziscosteel employees, yesterday thronged Kwekwe Theatre and Ziscosteel club in Redcliff where they rallied behind Government's proposed take-over of t...
ZMBABWE Stock exchange listed company, Edgars Stores Limited, continues to consolidate its sound financial footing after reducing borrowings to $4.6 million in the financial year ended January 7, 2018...
AGRIBANK is in discussions to secure an external line of credit from a foreign institution to bolster its support to the agricultural sector beyond the $105 million allocated this year.This comes as t...
Mobile telecommunication company Econet Wireless Zimbabwe has disowned agents who are charging punitive rates to the transacting public.A snap survey by The Herald in Mutare showed that some unscrupul...
AGRIBANK has recorded a profit after tax of $7,9 million for the year to December 31, 2017, representing a 65 percent jump compared to 2016 driven by a surge in non-interest income.Non-interest income...
Clothing retailer Edgars Stores recorded a 25 percent increase in merchandise sales to $62, 8 million in the year to December 31, 2017, from $50,3 million despite economic challenges. Group chairperso...
Listed property firm, Dawn Properties, yesterday said its profits went up by 200 percent to $3 million in the full year to December 2017 due to improved rental collections. The group's chairperson, Ph...
RAINBOW Tourism Group (RTG) Limited chief executive officer, Tendai Madziwanyika says the company is targeting 500 home owners, who want to register their properties on their RTG Gateway application f...
STANBIC Bank Zimbabwe is offering 50 percent home equity loans that allow home owners to move from one level of financial freedom to another.This comes as financial institutions are creating financing...
THE Zimbabwe Tourism Authority, through its National Convention Bureau (NCB), has intensified its efforts to unlock more meetings and conferences for the destination by reinforcing its engagement of a...
In January the Broadcasting Authority of Zimbabwe (BAZ) called for interested parties to submit licence applications for; Video On Demand Services (VoD), Webcasting Services and Content Distribution S...
Naspers the parent company of Multichoice has rejected an offer made by Vivendi to purchase part of MultiChoice (excluding the South African operations.Naspers is reported to have received several bid...
Bikita Minerals is currently assaying rock samples for high-grade lithium concentrate (spodumene) reserves, which, if confirmed, will help turn the mine into a big money spinner.The world's sole comme...
THE country's leading financial institution, CBZ Bank, has grown its overall loan book to about $941 million as it continues to support different sectors of the economy, an official has said.Speaking ...
POWERTEL, a wholly-owned technological wing of Zesa Holdings, has launched its services in Kariba as part of its 100-day rapid results initiative target.The company's marketing manager Prosper Mutswir...
SHURUGWI-based Golden Quarries Gold Mine, a subsidiary of Falcon Gold, has resumed operations after having its water and electricity reconnected following Government intervention.The mine stopped oper...
TSL group chief executive officer Washington Matsaira, is leaving the agro-focused conglomerate after six years of steering the ship. The announcement was made yesterday by board chairperson Antony Ma...
Parliament's Transport and Infrastructural Development portfolio committee has slammed the Civil Aviation Authority of Zimbabwe (Caaz) board, saying it comprises people without aviation knowledge and ...
So bad has the financial and operational rot ravaging Air Zimbabwe become, that the flag carrier can now barely manage to ferry its domestic and international passengers - who are increasingly endurin...
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