Integrated financial services group, Old Mutual Zimbabwe Limited (OM) said its profit after tax went up 139 percent to $219 million in the full year to December 31, 2017 from $91,8 million due to impr...
By Staff reporter | Published: 27 March 2018
Diversified financial services group, Zimre Holdings Limited, has entered into a deal with TM/Pick n Pay that will see one of the country's leading retailers becoming an anchor tenant in the insurance...
By Staff reporter | Published: 27 March 2018
BIKITA Minerals plans to increase petalite production by 74 percent by the end of the year from an average of 46 000 tonnes annually on the back of the company's $10 million recapitalisation project.P...
By Staff reporter | Published: 27 March 2018
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is presently working on a $250 million project to build mobile phone towers at under-served areas in the country, a Cabinet ...
By Staff reporter | Published: 27 March 2018
THE Shurugwi Town Council has sued Unki Mines and arbitrator, Ahmed Ebrahim over an arbitration award compelling the local authority to grant ownership of a piece of land outside council's jurisdictio...
By Staff reporter | Published: 27 March 2018
Cooking oil manufacturer, Willowton Group is set to put up a new $20 million crushing plant at its operations in Mutare as part of expansion plans intended to strengthen its market presence in the cou...
By Staff reporter | Published: 27 March 2018
Zimbabwe, home to the world's second-largest reserves of platinum group metals, will ensure there's clarity over mining policy as the southern African nation seeks to attract investment, according to ...
By Bloomberg | Published: 26 March 2018
THE People's Own Savings Bank (POSB) says it is targeting to increase its depositors to one million before the end of this year as part of its five-year strategic plan.Addressing chief executives from...
By Staff reporter | Published: 26 March 2018
PARLIAMENT's Budget Office says banks have reduced lending to the private sector, choosing instead to de-risk by investing in secure Government instruments such as Treasury Bills.Increased lending to ...
By Staff reporter | Published: 26 March 2018
First Mutual Properties, a subsidiary of First Mutual Holdings, posted reduced revenues for the year ended December 31, 2017 as the sector suffered from increased voids and downward reviews on rentals...
By Staff reporter | Published: 26 March 2018
ZSE-listed coal miner Hwange Colliery Company Ltd (HCCL) should consider utilising the Nacala Logistics Corridor, from which it can accrue significant benefits from the wider coal beneficiation value ...
By Staff reporter | Published: 26 March 2018
Coal production at the country's largest coal miner Makomo Resources has plunged as much as 36 percent since the beginning of the year as activity dropped due to a serious shortage of foreign currency...
By Staff reporter | Published: 26 March 2018
While it is rare to see a grown up man crying in front of people he doesn't even know, there was no holding back of tears for the majority of ex-Shabanie Mashava Mines workers (SMM) as they narrated s...
By Staff reporter | Published: 25 March 2018
Nedbank Zimbabwe (formerly MBCA Bank) says the changeover will be twinned with a mix of "agility" and "responsiveness" to market needs, as it mounts a new plan to improve competitiveness.Managing dire...
By Staff reporter | Published: 25 March 2018
Crocodile skins and meat producer, Padenga Holdings, yesterday reported a 53 percent increase in profit after tax for the year ended December 31, 2017, buoyed by firming prices.The group reported a pr...
By Staff reporter | Published: 25 March 2018
THE Confederation of Zimbabwe Retailers (CZR) says continued foreign currency shortage is dampening efforts to revive the local industry despite various import substitution interventions implemented b...
By Staff reporter | Published: 25 March 2018
UMZINGWANE Dairy Co-operative Society Limited in Matabeleland South Province is working on increasing both its dairy herd and milk production densities as it forges ahead to ensure the viability of it...
By Staff reporter | Published: 25 March 2018
A FIRMER United States dollar has dampened Portland Pretoria Cement Zimbabwe (PPCZ)'s prospects of penetrating potential lucrative regional markets, an official said.PPC Zimbabwe managing director Mr ...
By Staff reporter | Published: 25 March 2018
Bikita Minerals CEO Grant Hudson's face glows whenever he speaks of the journey his company is about to embark on: spodumene mining.The high-value mineral is highly sought after worldwide as it contai...
By Staff reporter | Published: 25 March 2018
International tobacco buyers are expected to mobilise between US$800 to US$900 million to buy the crop this year, a move expected to boost foreign currency inflows into the country, The Sunday Mail Bu...
By Staff reporter | Published: 25 March 2018
LOW-COST airline, fastjet is working on opening new routes as it seeks to spread its wings in the region.Basking in the glory of being named Africa's best value airline for its service of excellence a...
By Staff reporter | Published: 25 March 2018
WHILE the market is still digesting the meaning and implications of the $4, 2 billion platinum deal that was sealed by Government on Thursday last week, judging by the envisaged scope and scale of the...
By Staff reporter | Published: 25 March 2018
DHL Aviation, a division of DHL Express responsible for providing air transport capacity, has upgraded its services to Harare.On Friday 23 March German logistics firm DHL upgraded its Harare service t...
By Shenjere | Published: 23 March 2018
SABI Gold Mine in Zvishavane has ramped up production to 35kg per month on the back of capital injection from its new partner, Chandiwana Mining Corporation.The mining firm resumed operations last yea...
By Staff reporter | Published: 23 March 2018
FARMERS in Matabeleland region could generate huge foreign currency earnings through pecan nut growing with a single tree being able to give farmers proceeds of up to $150 per year.The Agricultural an...
By Staff reporter | Published: 23 March 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
