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...
By Staff reporter | Published: 29 January 2018
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...
By Staff reporter | Published: 29 January 2018
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...
By Staff reporter | Published: 29 January 2018
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, ...
By Staff reporter | Published: 29 January 2018
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...
By Staff reporter | Published: 29 January 2018
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...
By Staff reporter | Published: 29 January 2018
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...
By Mining Indaba | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 26 January 2018
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...
By Staff reporter | Published: 25 January 2018
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...
By Staff reporter | Published: 25 January 2018
FIDELITY Printers and Refiners (FPR) has threatened to withdraw licences for agents it accuses of defying a directive to use receipt books issued by the State-controlled company when buying gold from ...
By Staff reporter | Published: 25 January 2018
Zimbabwe's banana production increased 186 percent over two years to 45 775 tonnes in 2017, from 16 000 tonnes in 2015, industry data shows.According to a Confederation of Zimbabwe Industries (CZI) re...
By Staff reporter | Published: 25 January 2018
MOBILE phone users in Zimbabwe could enjoy mobile number portability (MNP) by end of this year, enabling them to switch service providers while keeping their original mobile numbers.The Postal a...
By Staff reporter | Published: 25 January 2018
The Zimbabwe Mining and Smelting Company (ZIMASCO) is failing to export optimum volumes of carbon ferrochrome through Mozambique due to a shortage of rail wagons from the NRZ. Clara Sadomba, the commu...
By Staff reporter | Published: 25 January 2018
DELTA Beverages says the uptake of its beverages sorghum contract farming scheme (BSCFS) will decline in 2018, as some of its farmers were now attracted to the government's Command Agriculture scheme....
By Staff reporter | Published: 25 January 2018
NETONE has sold more than 2 000 gadgets of the company's One-Fi gadget generating over $400 000 in the process, as demand for the one stop shop for communication services product grows.The country's s...
By Staff reporter | Published: 25 January 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
