UNTU Capital, yesterday listed its medium term note on the Financial Securities Exchange (Finsec) after announcing a 72 percent over-subscription of its initial public offer.This becomes the third fix...
The country's laws governing the construction industry - last reviewed over three decades ago - are becoming an impediment to investment in the property industry, experts have said.This is despite sev...
Economic think tank, Business Monitor International (BMI), has not ruled out that Econet Wireless Zimbabwe might decide to exit the market, especially as recent decisions by the regulator impact its p...
Zimbabwe's Mugg and Bean (M&B) franchise owner Shingi Munyeza, has shut down one of the exclusive restaurant's joints - Avondale branch - following non-renewal of its lease.Munyeza - who also hold...
China says it is committed to improving its relations with Zimbabwe by providing state of the art information and communication technology (ICT) equipment.Chinese Ambassador to Zimbabwe, Mr Huang Ping...
HARARE High Court judge Justice Davison Moses Foroma has ordered Econet Wireless (Pvt) Ltd to reimburse $128 000 erroneously billed on its agent and customer, Antolice Enterprises (Pvt) Ltd's recharge...
Allied Timbers Zimbabwe is close to sealing a vendor finance transaction with Belarus that will see the country's largest timber company receiving equipment worth $30 million. The deal, likely to be c...
Government has gazetted the Zimbabwe Iron and Steel Company (Debt Assumption) Bill, H.B 2, 2018 to take over about to $500 million owed to both domestic and external debtors. The Bill was published by...
The National Railways of Zimbabwe (NRZ), through the Transport and Infrastructural Development Ministry, is lobbying Cabinet to promulgate a Statutory Instrument that would ring-fence heavy metals and...
Nestle SA plans to cut as many as 400 jobs in France as the Swiss maker of Perrier water and Herta launch meats cuts costs. The Swiss food company announced the plan in a meeting with labour leaders, ...
National power utility, Zesa Holdings (Zesa), says it plans to install 30 000 prepaid meters in the coming three months under the 100 days Rapid Results Initiative. Energy minister Simon Khaya Moyo sa...
Zimbabwe's telecommunications quality and services has improved in the last few years due to infrastructure and network upgrades, the sector's regulator he said. Postal and Telecommunication Regulator...
1. What major minerals apart from platinum and diamonds are found in Zimbabwe that would be of interest to foreign investors?There are several minerals in Zimbabwe apart from platinum and diamonds tha...
DELTA Corporation says it has completed the acquisition of a controlling stake in Lusaka Stock Exchange-listed beer company, National Breweries PLC (Natbrew). Ronny Palale, a chartered accountant with...
THE Zimbabwean government has committed to paying the US$1,2 billion arrears to the World Bank by April this year, as the first step towards unlocking fresh funding from multilateral institutions, but...
THE Confederation of Zimbabwe Industries (CZI) has postponed its economic outlook symposium that was scheduled for this week to next week in order to accommodate some officials attending the World Eco...
RETAILERS, who are currently under fire for exploiting consumers through extortionate pricing, are now battling to fire-sell their products by offering promotions. Consumers have largely boycotted maj...
IMF Managing Director Christine Lagarde Meets with President Emmerson Mnangagwa of ZimbabweInternational Monetary Fund (IMF) Managing Director Christine Lagarde today met with President Emmerson Mnang...
The Reserve Bank of Zimbabwe Governor Dr John Mangudya, is set to deliver the 2018 Monetary Policy Statement (MPS) early February when he returns from Davos, Switzerland where is attending the 48th Wo...
GOVERNMENT has significantly reduced ground rental annual fees for diamonds to $225 per hectare from $3 000. The reduction is in line with Government's ease of doing business reforms to facilitate inv...
One of Zimbabwe's oldest furniture firms Pelhams has started re-opening its branches across the country after TN Harlequin, one of its creditors and sister company, undertook to bailout the company to...
MMCZ says it intends to revive a metallurgical plant in Kwekwe that processes refractory ore, an initiative that will promote gold production, particularly from various small-scale miners dotted aroun...
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) will audit financial statements of telecommunication firms that failed to pay licensing fees to ascertain veracity of such i...
Zimbabwe (GMAZ) said on Jan. 23 that despite the recent dry spell its members have sufficient grain reserves to take the country through the next farming season, according to Newsday Zimbabwe."Even wh...
ZIMBABWE'S new government talks up the country's mineral wealth in its push for investment, as it seeks to snap a run of sluggish economic growth, an official document shows.The country's tilt towards...