AGRO-industrial group Zimplow last week reported a profit after tax of $3,4 million for the year ending December 31, 2017, its first since 2011.This was a huge swing from last year's loss of $2,5 mill...
By Staff reporter | Published: 01 March 2018
ZIMBABWE’S largest cigarette manufacturer, British American Tobacco (BAT), is failing to remit over $15 million in dividends to its offshore shareholder and for payment of raw materials due to forei...
By Staff reporter | Published: 01 March 2018
Zimbabwe's mining minister has said the country has the capacity to boost its lithium supply, CNBC Africa reports.Winston Chitando told a mining investment conference in the capital, Harare, the coun...
By BBc | Published: 28 February 2018
Prospect Resources has exercised its option to acquire the Good Days lithium project. The project is located in northeastern Zimbabwe and contains numerous mineralised pegmatites.Prospect's flagship ...
By Staff reporter | Published: 28 February 2018
Zimbabwean Vice President Constantino Chiwenga told the conference Zimbabwe will impose a 15 percent penalty tax from Jan 1, 2019, on exports of platinum producers who do not build refining facilities...
By Staff reporter | Published: 28 February 2018
Zimbabwe aims to supply 10 percent of the world's lithium and could reach 20 percent, the mines minister from Africa's top producer of the alkali metal used in batteries for electric vehicles said o...
By Staff reporter | Published: 28 February 2018
LAST October, the news of a donkey abattoir opening here sent tongues wagging and elicited mixed feelings from a cross-section of society.It sounded bizarre to Zimbabweans, to whom donkey meat is tabo...
By Staff reporter | Published: 28 February 2018
KWESE, the pay-Tv company founded by Zimbabwean billionaire Strive Masiyiwa, has acquired a significant stake in iflix Africa, a subscription-based video-on-demand service provider with its focus on e...
By Forbes | Published: 28 February 2018
HOSPITALITY concern, Rainbow Tourism Group (RTG) has raised $22.5 million through a rights offer and linked debentures to restructure its balance sheet and raise working capital.In January, RTG shareh...
By Staff reporter | Published: 28 February 2018
AILING Hwange Colliery Company Limited (HCCL) says the rebuilding of its coke oven battery and coke oven gas plant is at the heart of the entity's turnaround efforts.Saddled with a huge debt burden to...
By Staff reporter | Published: 28 February 2018
ZIMBABWE largest telecommunications company, Econet Wireless, says it has paid $1.3 billion to Government in taxes since 2009 and created over 60 000 jobs directly and indirectly in the economy throug...
By Staff reporter | Published: 28 February 2018
MOBILE telecommunications giant NetOne has realigned its most prominent brand, One Fusion, once again to increase service provision and address complaints raised by customers in recent months.The real...
By Staff reporter | Published: 28 February 2018
ZIMBABWE'S mining sector has the capacity to generate $18 billion per annum from its total 800 mines, according to a mining consultancy firm.In a brief at the two day Zimbabwe Mining Investment Confer...
By Staff reporter | Published: 28 February 2018
The Grain Marketing Board (GMB) will soon have two separate entities, with one dealing with the maintenance of the Strategic Grain Reserve, while the other will become a fully-fledged commercial entit...
By Staff reporter | Published: 28 February 2018
The government-owned mobile firm NetOne Cellular (Private) Limited (NetOne) has dragged its former chief executive officer Reward Kangai to the High Court seeking to evict him from one of its properti...
By Staff reporter | Published: 28 February 2018
The Rainbow Tourism Group's $22,5 million rights issue has been partially subscribed amid indications that the National Social Security Authority (Nssa) will increase its shareholding in the listed ho...
By Staff reporter | Published: 27 February 2018
Zimbabwe has exported flue-cured tobacco to the value of $87 million during the first couple of months of this year, down from $157 million in the corresponding period last year.Latest figures from th...
By Staff reporter | Published: 27 February 2018
Chamber of Mines of Zimbabwe president Batirai Manhando says gold deliveries are expected to hit 30 tonnes this year spurred by a number of factors including facilities from the Reserve Bank of Zimbab...
By Staff reporter | Published: 27 February 2018
Chinese mining group Sinomine's recent clever acquisitions in its bid to become the world's leading battery minerals company appears to have hit home with Prospect Resources, which is in negotiations ...
By Staff reporter | Published: 27 February 2018
Zimbabwe has received huge mining sector inquiries from global investors seeking opportunities in the capital-intensive resources industry. The two day Zimbabwe Mining Investment Conference has attrac...
By Staff reporter | Published: 27 February 2018
The volume of cooking oil imports has dropped by more than 70 percent as local producers increase production thereby saving the nation of the much needed foreign currency.Recapitalisation of the local...
By Staff reporter | Published: 27 February 2018
Small-scale miners have been advised to consider suspending operations to avoid disasters resulting from flooded shafts or curving in of tunnels caused by the incessant rains.Small-scale miners who us...
By Staff reporter | Published: 27 February 2018
FARMERS in West Acre, Matabeleland South, have started replanting their crops after their first crop wilted due to the continued dry spell as rains that fell early this month in the province have give...
By Staff reporter | Published: 27 February 2018
SMALL-scale miners want the government to resuscitate gold buying permits with affordable terms so that they could mop up the gold in designated areas in the country to increase delivery.Government in...
By Staff reporter | Published: 27 February 2018
Hwange Colliery Company is looking at increasing production from its underground mines after resuming operations a month ago, managing director Thomas Makore said. Hwange, the country's largest coal m...
By Staff reporter | Published: 27 February 2018
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
