CEMENT manufacturer, PPC Zimbabwe, has filed an urgent High Court chamber application seeking an interdict order to stop the Zimbabwe Revenue Authority (Zimra) from garnishing its bank accounts over a...
ZIMBABWE's telecommunications companies registered a 19 percent growth in cumulative revenue to $292,7 million in the third quarter to September 2017, compared to $244,5 million recorded in the previo...
A telecom industry report this week revealed that Econet Wireless Zimbabwe had the highest Average Revenue Per User (ARPU) of $8,57 between July and September this year, ahead of its main industry ri...
The Reserve Bank of Zimbabwe (RBZ) has mobilised a $28,5 million input facility for small-scale tobacco farmers as it gears towards boosting the country's golden leaf production.The facility administ...
CLOTHING manufacturers have urged Government to institute an all-inclusive rebate scheme for the sector.Zimbabwe Clothing Manufacturers Association (ZCMA) chairman Mr Jeremy Youmans said although the ...
ONE of the country's leading life assurance and short-term insurance player, Zimnat through its joint venture (JV) with Botswana's leading funeral services provider, FSG Limited has invested over $5 ...
LOCAL cooking oil producers are being forced to manufacture about 60 percent of the country's requirement due to the shortage of foreign currency to import adequate soya beans.Oil Expressers Associat...
Newly appointed Mines and Mining Development Minister Mr Wiston Chitando has shared his vision for the extractive industry, which he said will be driven by increased capacity utilisation, ability to ...
Government plans to mobilise $649 million to support the implementation of several power projects lined up for next year, in a bid to ensure steady and affordable power supply.A number of projects i...
1§Fixed telecommunications services operator, TelOne, has unveiled new home broadband packages which are technology neutral and offer flexible packages from as low as $1 in response to the fee...
Listed mining concern, Bindura Nickel Corporation (BNC), has posted a $2,23 million profit after tax in the half year to September representing a 46,8 percent increase from $1,18 million reported in ...
Property firm Mashonaland Holdings (Mash Holdings) says its revenues went down by 14 percent to $4,7 million in the full year to September 2017 due to company closures resulting in increased voids. Th...
CFI Holdings Limited issued the following Market Update:"An Extra Ordinary General meeting was set to take place on the 6th of December 2017 in the Mirabelle Room, Meikles Hotel in terms of a duly cir...
Leading mobile network operator (MNO) Econet Wireless Zimbabwe has extended its mobile market leadership by growing its revenue market share to 82 percent, and increasing its customer market share to ...
Two former non-executive directors of CFI Holdings have said they reserve the right to sue for defamatory allegations, following their exit from the group on Tuesday. Ephraim Chawoneka and Douglas Mam...
NetOne has put in place a programme of investment to improve network connectivity, as the country's second largest mobile operator intensifies the push to enhance customer service experience.NetOne ac...
Austrian construction giant, Geiger International, the contractor engaged by Government for the Harare-Beitbridge Highway, has completed surveying the road, paving way for the commencement of the mult...
FAST moving consumer goods manufacturer Olivine Industries will invest $5 million in the final phase of the margarine processing technology and soap plant upgrade.This development is expected to impro...
Majority of oil producers have complied with Government's mandatory fortification programme to enrich oil with vitamins that are vital to the people's health, Oil Expressers Association of Zimbabwe (O...
Government has mobilised $266 million to fund the second phase of Command Agriculture, while 1,8 million villagers are expected to benefit from Presidential Input Support Scheme under a $153 million f...
Finance Minister Patrick Chinamasa has said the banking sector deposits has maintained an upward trajectory, increasing by 17.1%, from US$6.51 billion as at end December 2016, to US$7.62 billion as at...
Irish cement producer CRH, the world’s third-largest building materials supplier by market value, had decided not to bid for rival PPC the South African company said on Thursday.Last month, CRH made...
AUSTRALIAN Stock Exchange listed lithium miner, Prospect Resources this week increased reserve estimates by 58,7 percent at its multimillion dollar Zimbabwe based asset, Arcadia, after fresh explorati...
ECONET Wireless Zimbabwe's leading mobile money and financial technology (FinTech) services provider EcoCash was this year honoured with multiple global and regional awards.The awards were in recognit...
TWO CFI Holdings directors, Douglas Mamvura and Ephraim Chawoneka, quit the board on Tuesday ahead of yesterday's extraordinary general meeting (EGM) of shareholders, which was supposed to oust them.T...
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