Mahomed Mussa, arguably one of Zimbabwe's largest wholesalers, has denied allegations it stashes cash "under the pillow," saying it deposits its cash with local banks in line with the country's moneta...
By Staff reporter | Published: 16 January 2018
The number of people making bank deposits has increased significantly in the past three weeks, President Emmerson Mnangagwa has said.The Head of State and Government said a banking culture is importan...
By Staff reporter | Published: 16 January 2018
DELTA Corporation says revenue jumped 24 percent for the quarter to December 31, 2017 and 9 percent for the nine months due to strong demand on renewed hope of economic recovery after political change...
By Staff reporter | Published: 16 January 2018
Government has injected $2 million into David Whitehead to resume operations. David Whitehead, a large textile firm that used to employ 2 500 people in Chegutu, 100km southwest of Harare, collapsed in...
By Staff reporter | Published: 16 January 2018
The Board of MMI Holdings has announced that Nicolaas Kruger will be stepping down as CEO of MMI Holdings with effect from 15 February 2018. This decision comes after a few months of discussions betw...
By MMI | Published: 17 January 2018
Time Bank will let bygones be bygones provided the Reserve Bank of Zimbabwe (RBZ) honours its side of the bargain, but has turned the heat on former governor Gideon Gono for the manner in which he han...
By Staff reporter | Published: 16 January 2018
CALEDONIA Mining Corporation Plc has achieved a full year gold production of 56 135 ounces (1,59 tonnes), up 11,4% from the 2016 output despite a slow production in the first half of 2017, the company...
By Staff reporter | Published: 16 January 2018
Government is working on modalities to resurrect the "sleeping" iron and steel giant Ziscosteel within the first 100 days of Emmerson Mnangagwa's presidency.Addressing chiefs in the Midlands capital, ...
By Staff reporter | Published: 15 January 2018
MINING suppliers are lobbying government to adopt the rand as South Africa was the country's biggest trading partner, in its attempt to kick-start the economy.The Zimbabwe Miners' Federation (ZMF) sai...
By Staff reporter | Published: 15 January 2018
THE Zimbabwe Miners' Federation (ZMF) says it will lobby the Government to release the $50 million loan meant to facilitate the revival of Bulawayo companies that manufacture mining equipment.The loan...
By Staff reporter | Published: 15 January 2018
Government has identified projects and programmes to sustain growth in the tourism sector as part of the 100-day targeted plan driven by President Emmerson Mnangagwa.Briefing stakeholders in the touri...
By Staff reporter | Published: 15 January 2018
Tobacco farmers' registration has reached the 100 000 mark, an increase of 40 percent, the Tobacco Industry and Marketing Board's latest weekly bulletin has revealed.According to the TIMB statistics, ...
By Staff reporter | Published: 15 January 2018
The Gold Development Fund (GDF) that was introduced by the Reserve Bank of Zimbabwe to capacitate small-scale gold miners, has been oversubscribed resulting in $80 million being disbursed to miners la...
By Staff reporter | Published: 15 January 2018
The State Procurement Board (SPB) has invited qualified contractors to submit sealed bids for construction of service stations in Masvingo and Harare.The tender invites are contained in a Government G...
By Staff reporter | Published: 14 January 2018
THE National Railways of Zimbabwe (NRZ) has entered into an agreement to refurbish 25 of its wagons at a cost of $375 000 for use by Bulawayo-Beitbridge Railways (BBR).NRZ public relations manager Mr ...
By Staff reporter | Published: 14 January 2018
The Zimbabwe Anti-Corruption Commission has opened fresh investigations into former Mines and Mining Development Minister Walter Chidhakwa over diamonds that allegedly disappeared from Government vaul...
By Staff reporter | Published: 14 January 2018
Econet Media has reportedly activated its "contractual termination clause" with Dr Dish, the licence holder on the back of whom they were running their Kwese TV services in Zimbabwe.This has had the e...
By Staff reporter | Published: 14 January 2018
Government plans to raise funds to resuscitate Shabanie and Mashaba Mine (SMM) in Zvishavane from the sale of reprocessed dump, which is expected to result in the immediate employment of 350 workers.M...
By Staff reporter | Published: 14 January 2018
Mobile telecommunications giant, NetOne, is recruiting over 1 000 brand ambassadors nationwide to market its mobile money platform, OneMoney.The recruitment exercise has been completed in Harare and B...
By Staff reporter | Published: 12 January 2018
FINANCE deputy minister Terrence Mukupe has said banks have the right to refuse opening accounts for new clients as they are private enterprises.Responding to MDC-T legislator Bacilli Majaya in the Na...
By Staff reporter | Published: 12 January 2018
THE Tobacco Industry and Marketing Board (TIMB) says opening of the 2018 selling season is likely to delay due to the late onset of the rains as most of the crop is still in the fields.Under normal ci...
By Staff reporter | Published: 12 January 2018
Zimbabwe is planning to resume auction of diamonds next month, having suspended sales in February last year following the merger in 2016 of companies previously operating in the Chiadzwa area of Maran...
By New Ziana | Published: 12 January 2018
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Limited (T...
By Staff reporter | Published: 12 January 2018
THE Ministry of Transport and Infrastructural Development plans to buy three Embraer ERJ145 aircraft for Air Zimbabwe at a cost of US$6 million and lease two other similar aircraft which will ply rout...
By Staff reporter | Published: 12 January 2018
Government has committed itself to take up TelOne's legacy debt under a debt warehousing initiative as the money owed continues to weigh on the company's operations.Cabinet in July approved the assump...
By Staff reporter | Published: 12 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
