Kwekwe-based chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco), met its creditors yesterday to deliberate on the proposed scheme of arrangement. This comes after Zimasco, which is...
By Staff reporter | Published: 30 November 2017
A local microfinance institution, Untu Capital, is seeking to raise $5 million through listing on the Financial Securities Exchange (Finsec) Alternative Trading Platform board before year end.The prop...
By Staff reporter | Published: 30 November 2017
The National Railways of Zimbabwe (NRZ) is projecting a 32 percent revenue growth for this year up from the $66 million achieved last year due to grain, chrome ore and passenger railway uptake. The gr...
By Staff reporter | Published: 30 November 2017
THE political leadership in Zimbabwe should work closely with international investors to revamp the manufacturing sector through crafting strategies that uphold economic growth and lead to the return ...
By Staff reporter | Published: 30 November 2017
Zimbabwe could save over $100 million in foreign currency if it achieves wheat output of 200 000 tonnes this year, up from 65 000 tonnes attained last year. The expected rise in tonnage comes after Go...
By Staff reporter | Published: 30 November 2017
PACKAGING group Nampak Zimbabwe recorded a 13,5 percent growth in net income for the year to September 30 to $4,9 million from $4,3 million in the prior period.Revenue was higher at $96,2 million, fro...
By The Source | Published: 29 November 2017
One lucky customer walked away with $10 000 in cash at Edgars Stores Fashion Extravaganza shop and win promotion.The leading clothing retail company and fashion house in Zimbabwe, held the Fashion Ext...
By Staff reporter | Published: 29 November 2017
Zimbabwe's banking sector client loan growth will remain slow, contracting by a projected 4% year-on-year by end of 2017 due to the credit crunch, an international research firm has said.According to ...
By Staff reporter | Published: 29 November 2017
CBZ Bank rewards e-customersZimbabwe's leading commercial bank, CBZ Bank has launched a promotion to reward its clients for evolving and adopting the use of mobile transactions using CBZ Touch mobile ...
By Staff reporter | Published: 29 November 2017
OPERATIONS at Turk Mine in Bubi district came to a halt last week after workers locked out management demanding their outstanding salaries.Workers, who spoke to Southern Eye yesterday, said they were ...
By Staff reporter | Published: 29 November 2017
MATABELELAND South-based gold miner, Blanket Mine is set to increase its life of mine by 20 years following the implementation of its mine development programme announced three years ago.The mine, whi...
By Staff reporter | Published: 28 November 2017
President Emmerson Mnangagwa has been in office for less than a week, and online publications are already reporting on a "controversial" chrome deal he apparently helped facilitate with South African ...
By Staff reporter | Published: 28 November 2017
The opening of the much-awaited women's bank, the Zimbabwe Women's Microfinance Bank Limited (ZWMB), is drawing closer following its registration by the Reserve Bank of Zimbabwe (RBZ) in September 201...
By Staff reporter | Published: 28 November 2017
The infrastructure Development Bank of Zimbabwe has begun the process of listing its $65 million bonds on the Financial Securities Exchange three years after mulling the idea. The bonds, floated in 20...
By Staff reporter | Published: 28 November 2017
Zimbabwe stopped the importation of diesel 500 from November 1, 2017, and is hoping to fully embrace D50 by March 2018. Zimbabwe Energy Regulatory Authority (Zera chief executive officer Engineer Glor...
By Staff reporter | Published: 28 November 2017
LEADING seed manufacturer SeedCo increased its capital expenditure by 9.4 percent to $3.5 million during the half-year ended September 30, 2017 compared to $3.2 million during the corresponding period...
By Staff reporter | Published: 28 November 2017
THE Parliamentary Portfolio Committee on Transport and Infrastructural Development says urgent measures are needed to pay back the $4.6 million debt that Air Zimbabwe owes to the International Air Tra...
By Staff reporter | Published: 28 November 2017
Information Communication Technology and Courier Services minister Supa Mandiwanzira has revealed that the country's mobile phone penetration had hit the 95% mark, with almost all citizens now owning ...
By Staff reporter | Published: 28 November 2017
BATA Shoe Company in Gweru has reportedly offered employees a voluntary retirement scheme (VRS) as part of efforts to cut labour costs, Southern Eye has learnt.The company is also offering bonuses to ...
By Staff reporter | Published: 28 November 2017
TripLife Entertainment, a promotions company reportedly owned by former president Robert Mugabe's sons; Robert Jnr and Chatunga was officially launched at Harem Nightclub in Johannesburg, South Africa...
By Staff reporter | Published: 27 November 2017
Africa's largest seed producer, SeedCo, said its revenues went up by 45 percent to $36 million in the half year to September 2017 compared to $24,8 million in the same period last year due to early ma...
By Staff reporter | Published: 27 November 2017
Transnet's deal to recapitalise and provide technical support to the struggling and dilapidated National Railways of Zimbabwe (NRZ), scuttled by succession fights in Zanu-PF, is now expected to be fin...
By Staff reporter | Published: 27 November 2017
AFRICAN telecommunications group Econet is considering selling shares on the London Stock Exchange at a valuation of about $8 billion next year after combining new and existing assets, according to pe...
By Bloomberg | Published: 27 November 2017
Government is targeting to acquire three more MA60 aircraft for Air Zimbabwe at a cost of $6 million as plans to boost the company's fleet gathers momentum.Air Zimbabwe's fleet currently comprises of ...
By Staff reporter | Published: 27 November 2017
Fidelity Printers and Refiners head of gold operations Mehluleli Dube is appearing at Harare Magistrates' Court on allegations of approving a $183 000 gold purchase after police advised him to stop th...
By Staff reporter | Published: 27 November 2017
Ian Khama joins Zimbabwe CIO linked group 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE pushes for another equities tax cut to boost selloffs 
AfDB projects 6% economic growth for Zimbabwe 
Ken Sharpe blasts incompetent Harare council 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
