ZIMPLATS says it has agreed to give up 28,000 hectares of land, more than half of its idle mining claims to the government, ending a five-year row but analysts say the latest land grab could spo...
A critical shortage of drugs is looming in Zimbabwe as pharmacies struggle to stock due to biting foreign currency challenges, which have forced them to hike prices to essential medicines. Zimbabwe is...
State owned telecommunications company, TelOne has applied for a broadcasting license to offer video on demand (VoD) services, the industry regulatory authority said on Monday.The company, which wants...
GOVERNMENT is finalising the process to take over the $334 million Air Zimbabwe debt paving way for the national airline to court new investors, a Cabinet Minister has said.In July, Cabinet approved t...
PRESIDENT Mugabe says beneficiation and value addition, and a deliberate policy to curb rampant leakages of precious minerals especially gold, are central to realising more revenue from the mining sec...
Sugarcane farmers in Chiredzi have set a target of producing more than 600 000 tonnes in the forthcoming season, while riding on an increased production level this year.The call by Tongaat Hulett Zimb...
A CHINESE company, Tian Ze Tobacco has since 2005 invested about $100 million in Zimbabwe's agricultural sector through providing interest-free loans to local farmers.Chinese Ambassador to Zimbabwe Mr...
Chinese company Rich Pro Investments Limited (RPI) has extended the deadline of its takeover offer for Asa Resource Group Plc as it continues talks with the mining group's administrators.RPI, an inves...
BANCABC has set aside $16 million for the 2017 /2018 sugarcane production season in the Lowveld, as the financial services group consolidates its presence in this previously under-serviced but critica...
Dr Dish (Pvt) Limited, which recently partnered Econet Media Limited (Mauritius) to distribute Kwese TV satellite content to the Zimbabwean viewership, has filed an urgent chamber application seeking ...
OIL producers have finally agreed to fortify their cooking oil within 90 days with over 50 percent of the producers having already complied with the Government mandatory fortification programme, Oil E...
TelOne has slashed voice calls by more than 80 percent seeing on-net calls going down to 1cent per minute from 5 cents and mobile calls down to 4 cents from 16 cents. This reduction has come about thr...
Implats has today announced that the Group's total platinum output rose 6.4% to 1.530 million platinum ounces in 2017, from 1.438 million platinum ounces last year. This included a 2.2% increase in m...
THE African Medallion Group (AMG) has extended the scope of its business activities to include gold purchasing and precious metal beneficiation.The development has seen AMG increasing its gold reserve...
The Insurance and Pensions Commission (IPEC) says it introduced a mandatory certificate of proficiency qualification for trustees of retirement funds to curb widespread mismanagement of the investment...
Zimbabwe's newest airline, Rainbow, has grounded its plane due to a scarcity of foreign currency and a deadly boardroom squabble.A Reserve Bank of Zimbabwe foreign currency priority list has made it d...
Standard Bank Group Ltd. appointed Sim Tshabalala as sole chief executive officer, ending a dual role he shared with Ben Kruger, and making him the first black person to lead Africa's largest lender i...
Shareholders are advised that the name of Pearl Properties (2006) Limited has been changed to First Mutual Properties Limited. The listing of the Zimbabwe Stock Exchange has been amended with effect f...
Kenya's largest pension fund administrator Zamara is planning to expand into Africa, north of the Limpopo, over the next five years, using the East African country and Zimbabwe as focal points.In Zimb...
ECONET Wireless Zimbabwe has declared a cash dividend of $10 million at 0.386 cents per share for the first quarter period ended May 31, 2017, reflecting the persistent foreign currency shortages in t...
FAST food outlets in Bulawayo have increased prices for takeaways, apparently to meet the costs of new packaging following a ban on the use of kaylite by the Environmental Management Agency (EMA) in J...
ZIMBABWE and Zambia are working on integrating the Kavango-Zambezi Transfrontier Conservation Area (Kaza) Uni-Visa into their internal systems to increase efficiency.This comes at a time when an estim...
Insurance technology specialist SSP has signed a new deal with the Masawara Group of insurance companies. The deal has seen SSP Pure Insurance deployed across Botswana Insurance Company Limited, Lion ...
Zimbabwe's leading leasing company, African Century Leasing is failing to access $35 million worth of lines of credit from different external financiers due to challenges faced in repatriating due loa...
The Broadcasting Authority of Zimbabwe (BAZ) has approached the Supreme Court contesting a High Court decision allowing Econet Media Limited (Mauritius) to distribute Kwese TV satellite content to the...