ZIMBABWE's leading commercial bank, CBZ Bank, has launched a promotion to reward its clients for adopting the use of mobile transactions using its integrated financial services mobile application.The ...
CHROME miners yesterday told Parliament that former Midlands Provincial Affairs minister Jason Machaya interfered a lot in the issuance of chrome claims and promoted corruption and turf wars over owne...
STAKEHOLDERS in the mining sector have urged new Mines minister Winston Chitando to move swiftly to restore sanity and stop the alleged looting of mineral resources, particularly diamonds.Manicaland-b...
State-Owned telecommunications company, TelOne, has partnered with a leading global information and communications technology solutions provider, Huawei, to provide training to engineering students.Te...
The Chamber of Mines has welcomed Winston Chitando's appointment as Minister of Mines and Mining Development as a positive step towards enhancing mining productivity and raising Government revenue bas...
STATE-OWNED telecommunications operator, NetOne, is recruiting merchants and agents around the country as part of its aggressive marketing and job creation drive.Acting chief executive officer (CEO), ...
Sugar producer Starafricacorporation says it is planning to venture into honey production and export markets as a way of increasing revenue streams and preserving shareholder value.The group's chairpe...
Businessman Tawanda Nyambirai has snapped up Arcturus Mine from Metallon Corporation (Metallon).The London-listed firm placed Arcturus Mine under care and maintenance in the 2016 first quarter with mi...
Prevailing cash shortages that have given rise to a five-tier pricing system are causing havoc in the construction industry with growth slowing down as projects have become expensive, an industry lobb...
GOLD mining concern, Metallon Corporation has sold one of its operations, Arcturus Mine to TN Securities Limited.Metallon did not disclose the value of the sale but indicated that as part of the trans...
THE tobacco industry has the potential to generate foreign exchange of up to $3 billion annually if it is integrated under the Government's Command Agriculture model, an official said.Last year, Zimba...
THE continued presence of staff who participated in the botched fuel deal that prejudiced the Central Equipment Mechanical Department (CMED) of $2,7 million could scare off investors willing to partne...
PAINT manufacturing giant, Nash Paints, is stepping up efforts to enter the regional and international market on the back of getting an internationally recognised ISO certification.The company, which ...
SHOE manufacturing company Bata has embarked on a voluntary retrenchment exercise targeting its top managers as it moves to streamline its staff in line with production.According to a letter seen by S...
BULAWAYO-BASED shoe manufacturing concern, Millennium Footwear is slowly establishing itself as one of the major players in the region and is now focusing on the South African market after getting an ...
GWERU based giant ferrochrome producer, Zimbabwe Alloys, which is under judicial management, will this week meet its creditors after securing a $100 million investment deal with Indian Investor, Balas...
A leading South Africa-based Zimbabwe-owned construction company, Business Integrated Technics (BIT) Resources has injected about $1 million in setting up a quarry granite mine in Umguza District in M...
THE price of diesel will go down next year as logistics associated with transporting the commodity will fall by half while the commodity will also be exempted from paying a road levy of 4c/litre...
HWANGE Colliery Company Limited (HCCL) and some local and international financial institutions are in advanced talks that will see the company getting US$4 million to resume underground mining operati...
LafargeHolcim says talks to acquire a stake in cement maker PPC are still ongoing after announcing interest in the cement company in October.In October, PPC Limited received an expression of interest ...
Mobile payments and point of sale transactions have surged by a significant margin compared to last year as business embrace the use of plastic money.Burdened by a liquidity challenge that has stretch...
CONTROVERSY surrounding struggling national flag carrier Air Zimbabwe (AirZim) is deepening, while its fate remains uncertain. This comes against the backdrop of the unexpected exit of AirZim's chief ...
British multinational bank Barclays on Friday announced that it would be reducing its stake in Barclays Africa to 14.9%. "Barclays has indicated that this represents its desired long term shareholding...
Axia Corporation says operating profit in the quarter to September 30 almost doubled compared to the same period last year.Executive chairman John Koumides told shareholders at the company's annual ge...
Getbucks Microfinance Bank Ltd (Getbucks) is looking at doubling its mortgage loan book from current level of US$3 million on the back of the new political developments.Getbucks introduced mortgages t...