Zimbabwe's capital intensive mining sector is bullish about the outlook with the projected overall Mining Business Confidence Index (MBCI) at 21,6 in 2018 from -6,6 this year on the back of the new po...
By Staff reporter | Published: 13 December 2017
Econet Wireless Zimbabwe, whose millions of customers were affected by a data blackout last Tuesday, has leaped to Liquid Telecoms' defence, saying its bandwidth wholesaler did everything it could to ...
By Staff reporter | Published: 13 December 2017
TOUR operators in Victoria Falls will not increase charges during the festive season but offer special packages for group visitors who book for at least three activities.The moves comes at a time when...
By Staff reporter | Published: 13 December 2017
Gweru-based giant ferrochrome producer, Zimbabwe Alloys, under judicial management by Grant Thornton International, is expected to start operating in the next 18 months after its creditors approved a ...
By Staff reporter | Published: 13 December 2017
A ZIMBABWEAN-BORN insurance executive Darlington Munhuwani has landed a top post in Ghana, assuming the reins as chief executive officer of Allianz Ghana responsible for the non-life business.He succe...
By Staff reporter | Published: 13 December 2017
NetOne Cellular (Private) Limited is suing its ex-managing director Mr Reward Kangai over $2 million financial prejudice it suffered due to his alleged mismanagement.Mr Kangai served as the company's ...
By Staff reporter | Published: 12 December 2017
State-owned mobile network provider, NetOne, is targeting to increase its active subscriber base by at least 5 percent next year as it embarks on various strategies to improve its operational viabilit...
By Staff reporter | Published: 12 December 2017
FIRST Mutual Holdings Limited (FMHL) is on the verge of setting up a fully-fledged funeral company, as the group seeks to diversify its business.The funeral unit, to be named First Mutual Funeral Serv...
By Staff reporter | Published: 12 December 2017
Tourist arrivals are set to double within three years on the back of aggressive marketing and image improvement campaigns of the country, the Zimbabwe Tourism Authority (ZTA) has said.Arrivals were 1,...
By Staff reporter | Published: 12 December 2017
MOBILE money services have emerged to be a key revenue contributor for the mobile network providers in Zimbabwe as more subscribers embrace the facility on the back of cash shortages, a report has sho...
By Staff reporter | Published: 12 December 2017
ZIMBABWE'S raw milk production increased by 0,4% to 54,47 million litres in the 10 months to October, compared to the same period last year, latest figures show.According to figures from the Ministry ...
By Staff reporter | Published: 12 December 2017
WHEAT farmers have so far delivered around 40 000 metric tonnes of wheat, with the Treasury targeting to pay all deliveries by year end. This year's wheat is expected to reach 200 000 tonnes from 65 0...
By Staff reporter | Published: 12 December 2017
GOVERNMENT has slashed the rate of royalty for all platinum group mining companies to 2.5 percent from 10 percent, a move the Chamber of Mines of Zimbabwe says will go a long way in enhancing viabilit...
By Staff reporter | Published: 12 December 2017
GWERU-based shoe manufacturer, Bata Shoe Company, has invested over $500 000 in machinery and equipment for the setting up of a gumboot manufacturing plant.The shoe manufacturer discontinued productio...
By Staff reporter | Published: 12 December 2017
BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga had ret...
By Staff reporter | Published: 12 December 2017
CREDITORS have approved a $100 million investment deal paving way for the revival of Gweru-based giant ferrochrome producer, Zimbabwe Alloys, an official said.The firm has been on judicial management ...
By Staff reporter | Published: 12 December 2017
Government is investigating Liquid Telecom for not having adequate back-up systems, resulting in an Internet glitch last week, which led to the disruption of social media applications. Information Com...
By Staff reporter | Published: 12 December 2017
Tri-listed resources concern, Hwange Colliery Company Limited (HCCL), last week revealed it is finalising funding structure negotiations of its exploration deal with its unnamed preferred partner, whi...
By Staff reporter | Published: 11 December 2017
Manufacturing activities in the informal sector stand a better chance of earning higher monthly revenues than those in the retail and services, a new report has shown. According to the Zimbabwe Nation...
By Staff reporter | Published: 11 December 2017
State owned diamond mining entity, Zimbabwe Consolidated Diamond (ZCDC), will next year invest $21 million in the establishment of a Geology Strategic Business Unit (SBU) that will explore known congl...
By Staff reporter | Published: 11 December 2017
Non-performing loans (NPLs) dropped to 8,63 percent this year from 20,5 percent in 2015, raising expectation the financial services sector is becoming more stable. Although the NPLs have declined to s...
By Staff reporter | Published: 11 December 2017
The Government is set to procure 400 wagons and 14 locomotives for the National Railways of Zimbabwe (NRZ) under the $400 million recapitalisation deal, a Cabinet Minister has said.Addressing sugarcan...
By Staff reporter | Published: 11 December 2017
GOVERNMENT is set to acquire 15 aeroplanes as part of efforts to resuscitate the ailing Air Zimbabwe, Transport and Infrastructure Development Minister Dr Jorum Gumbo has said.In an interview recently...
By Staff reporter | Published: 11 December 2017
THE sourcing of foreign currency from the parallel market is not sustainable for industry operations and Government needs to capacitate the Reserve Bank of Zimbabwe (RBZ) to meet funding requirements ...
By Staff reporter | Published: 11 December 2017
KWEKWE based chrome smelting company, Zimbabwe Mining and Smelting Company (Zimasco), has agreed on a scheme of arrangement with its creditors and is set to be removed from judicial management next mo...
By Staff reporter | Published: 11 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
