ONE of Hwange's biggest infrastructural projects funded to the tune of $6 million by the Infrastructural Development Bank of Zimbabwe (IDBZ) has started.Speaking after a tour with officials from the M...
By Staff reporter | Published: 17 December 2017
CFI Holdings Limited board member, Shingirai Chibanguza survived an ouster bid, while Hamish Rudland resigned from the company's board on Tuesday ahead of yesterday extraordinary general meeting (EGM)...
By Staff reporter | Published: 15 December 2017
A STRIKE by more than 700 workers at Turk Mine in Bubi District over salary arrears of about six months reached day 24 yesterday.They have been staging sit-ins and blocking any movement at the mine ga...
By Staff reporter | Published: 15 December 2017
AFRASIA Bank Zimbabwe says it will not be able to pay its creditors this year due to ongoing legal proceedings and an acute shortage of money on the market, which have delayed liquidation of the colla...
By Staff reporter | Published: 15 December 2017
DIVERSIFIED communications firm, TelOne, recorded a 6,3 percent jump in revenue in the third quarter of 2017 largely driven by voice and Internet services, the postal and telecommunications sector per...
By Staff reporter | Published: 15 December 2017
THE debt-ridden Zimbabwe Electricity Supply Authority (Zesa) has written to government lobbying for a tariff hike with effect from next month amid reports the national power utility is technically ins...
By Staff reporter | Published: 15 December 2017
A plan to re-open a smelter at Bindura Nickel Corporation (BNC)'s Trojan Nickel Mine has stalled after the company ran out of funding, an offical has said.BNC managing director Batirai Manhando told a...
By Staff reporter | Published: 15 December 2017
Zimbabwe's largest seed producer, SeedCo, says it is targeting to increase maize production in the small-holder sector by 275% from the current 0.8 tonnes to 3.0 tonnes. SeedCo Zimbabwe managing direc...
By Staff reporter | Published: 15 December 2017
British tycoon Nicholas Van Hoogstraten seems to have won the battle for the control of CFI Holdings after coming to the rescue of Shingirayi Chibhanguza this week with 52% of the group's shareholders...
By Staff reporter | Published: 15 December 2017
THE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal will be finalised in the first quarter of 2018, Finance and Economic Planning Minister Patrick Chinamasa has said.A consortiu...
By Staff reporter | Published: 14 December 2017
LITHIUM producers, who are riding the wave of increased global demand and rising prices, have been jolted by a raft of tax measures proposed by Finance Minister Patrick Chinamasa last week, to drive l...
By Staff reporter | Published: 14 December 2017
THE Zimbabwe Stock Exchange listed property investment and development concern, Mashonaland Holdings (Mashold) Limited, has fired two top executives who were on suspension for financial irregularities...
By Staff reporter | Published: 14 December 2017
BINDURA Nickel Corporation (BNC) says it has begun scouting for third party producers to process their concentrate under toll manufacturing deals at its soon to be completed $26,5 million smelter at T...
By Staff reporter | Published: 14 December 2017
AT least 630 of the country's 800 mines are projecting strong growth in 2018, riding on anticipated policy reforms under President Emmerson Mnangagwa's new administration and aggressive expansion by "...
By Staff reporter | Published: 14 December 2017
ZB FINANCIAL Holdings Limited chief executive officer Ronald Mutandagayi has bounced back as board chairman of Mashonaland Holdings (Mashold) following the ouster of Michael Mahachi.ZB is the largest ...
By Staff reporter | Published: 14 December 2017
fastjet has launched additional Festive Flights between Harare and Victoria Falls.Due to popular demand fastjet has added additional flights between Harare and Victoria Falls this Festive Season. Addi...
By Staff reporter | Published: 14 December 2017
STATE-OWNED mobile communications operator, NetOne, recorded an increase of 291 percent in mobile money subscriptions in the third quarter 2017, a Postal and Telecommunications Regulatory Authority of...
By Staff reporter | Published: 14 December 2017
TONGAAT Hulett Zimbabwe has bemoaned the drastic fall in production at Mkwasine Sugar Estate in Chiredzi amid reports that out-growers have produced half the target.Speaking during the commissioning o...
By Staff reporter | Published: 14 December 2017
ZIMBABWE has earned $871, 2 million from 176,4 million kilogrammes of tobacco exported mainly to South Africa and China since the beginning of 2017.Statistics from the Tobacco Industry Marketing Board...
By Staff reporter | Published: 14 December 2017
Micro-financier Untu Capital is set to raise $1 million from the country's first mobile-based retail note, a move set to enhance financial inclusion.The retail note, U-Gain, is targeting ordinary Zimb...
By Staff reporter | Published: 14 December 2017
GOVERNMENT is targeting 350 000 tonnes of wheat in the next three years to guarantee sufficient domestic wheat supplies and to reduce reliance on imports. Zimbabwe needs about 400 000 tonnes of wheat ...
By Staff reporter | Published: 14 December 2017
Duly Motors (Duly's) says it expects to post an increase in truck sales growth this year due to growing local demand for imported commercial vehicles.The company's spokesperson Hope Kemadjou sai...
By Staff reporter | Published: 13 December 2017
Former president Robert Mugabe's government presided over moral decay in the once vibrant and productive mining sector, a study has revealed.A comprehensive research contained in a book, recently laun...
By Staff reporter | Published: 13 December 2017
Funeral services group, Doves Holdings, has been recognised by the Marketers Association of Zimbabwe (Maz) and the Zimbabwe Business Awards for its sterling performance in the country's funeral indust...
By Staff reporter | Published: 13 December 2017
Zimbabwe's mining industry requires $400 million to sustain operations next year, almost double the $211 million invested this year.The 2017 mining survey industry report indicates that the anticipate...
By Staff reporter | Published: 13 December 2017
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
