Sugar producer, Triangle Limited, has applied to the Zimbabwe Energy Regulatory Authority (Zera) for an independent electricity distribution licence covering its operations.In a recent notice, Zera sa...
By Staff reporter | Published: 20 September 2017
LOCAL cement producer, PPC Zimbabwe, has invested over $120 million in different projects in Zimbabwe since 2009 and is looking forward to do more, managing director, Kelibone Masiyane has said.Masiya...
By Staff reporter | Published: 20 September 2017
ZB FINANCIAL Holdings (ZB) has lauded the United States' decision to remove the institution from the sanctions list, saying the move re-opened avenues to work with other financial institutions across ...
By Staff reporter | Published: 20 September 2017
Multi-national food and drink company, Nestle Zimbabwe, has embarked on a retrenchment exercise, as part of the company's "business optimisation activities".The exercise, which was voluntary, saw more...
By Staff reporter | Published: 19 September 2017
Listed clothing retailer Edgars Stores Limited's profit for the half year to July 2017 jumped 400 percent to $567 499 from $109 119 during the same period last year on increased sales and tighter debt...
By Staff reporter | Published: 19 September 2017
Farmers have sold $558,8 million worth of tobacco since the start of the 2017 tobacco marketing season, a 6,7 decline compared to the same period last year.Latest statistics from the industry regulato...
By Staff reporter | Published: 19 September 2017
THE People's Own Savings Bank (POSB) has survived the hard economic conditions in the country and its depositors have risen to 600 000 in the last three years.This was revealed by the bank's public re...
By Staff reporter | Published: 19 September 2017
BULAWAYO-BASED manufacturing concern Rubber Products Manufacturers is back on line and has resumed exports after having shut down in 2013 due to a huge debt, shortage of working capital, among other c...
By Staff reporter | Published: 19 September 2017
Industrial firm Masimba has been given a $15 million contract by IDBZ to build over 1 500 houses in Kariba. At completion the project will facilitate relocation of 391 house-holds who are presently at...
By Staff reporter | Published: 19 September 2017
National Railways of Zimbabwe (NRZ) investors are fretting over endless delays in consummating the deal, especially after being announced as the preferred partner last month, it has been learnt. A con...
By Staff reporter | Published: 19 September 2017
ZIMBABWEAN telecoms tycoon Strive Masiyiwa's new pay television service, Kwese TV, has kick-started services in South Africa through a partnership with Netflix, it said on Friday as it seeks to claw u...
By Staff reporter | Published: 19 September 2017
CFI Holdings' divisions, Agrifoods and Victoria Foods, may soon resume production after judicial manager Mr Reggie Saruchera secured $10 million from a local bank for plant rehabilitation and working ...
By Staff reporter | Published: 19 September 2017
ZIMBABWE'S gold production has risen by about 10 percent in the first eight months of the year to 14.6 tonnes from 13.4 tonnes in the comparable period in 2016, official figures show.The country's exp...
By Staff reporter | Published: 19 September 2017
The Government has directed the Grain Marketing Board (GMB) to immediately activate satellite collection points to mop up the remaining grain as the Strategic Grain Reserve has hit a million tonnes.Th...
By Staff reporter | Published: 19 September 2017
Government has directed the Grain Marketing Board (GMB) to immediately activate satellite collection points to mop up the remaining grain as the Strategic Grain Reserve has hit a million tonnes.GMB ha...
By Staff reporter | Published: 19 September 2017
The Zimbabwe Fertiliser Manufacturers Association says Government should ban finished fertilizer imports as manufacturers can produce enough to meet demand if fully supported.ZFMA president Mr Tapuwa ...
By Staff reporter | Published: 18 September 2017
Zimbabwe's RHA Tungsten Project, under development, near Bulawayo has received has had its underground mineral resource estimates upgraded.The RHA Tungsten mine is 49 percent owned by junior resources...
By Staff reporter | Published: 18 September 2017
Platinum mining giant, Zimplats' $134 million SMC Base Metal Refinery (BMR) refurbishments project remains a priority for the group but continued cash flow constrains arising from depressed metal pric...
By Staff reporter | Published: 18 September 2017
INDUSTRIAL Development Corporation's glass manufacturing firm, Zimglass has started aggressively looking for an investor who can inject $7 million towards the revival of the plant after earlier indica...
By Staff reporter | Published: 18 September 2017
A NEWLY built hotel in Beitbridge worth thousands of dollars is set to boost tourism and economic development in the border town as well as create 50 new jobs.The 30-roomed Zhove Leisure Park situated...
By Staff reporter | Published: 18 September 2017
ALLIED Timbers Zimbabwe is diversifying into fruit tree production as it seeks to add revenue streams and ensure optimum usage of its vast tracts of land, an official has said.Allied, wholly owned by ...
By Staff reporter | Published: 18 September 2017
PLASTIC pipe systems manufacturer, Proplastics, is targeting to increase exports to the "ideal 10 percent" from the current two percent as the group has started picking up orders from as far as Sierra...
By Staff reporter | Published: 18 September 2017
Bindura Nickel Corporation (BNC) has said the smelter restart project has been hampered by cash flow problems, arising from low nickel prices.BNC is a subsidiary of Asa Resources.BNC managing director...
By Staff reporter | Published: 18 September 2017
Plastics manufacturer, Proplastics's net income for the six months to June grew nearly threefold to $352, 946 from $91,243 reported in the same period last year on increased sales and lower finance co...
By The Source | Published: 15 September 2017
Zimplats profit after tax for the full year to 2017 increased 522 percent to 45 million from $7 million the previous comparative period.The platinum mine's profit before tax was also up at $100 millio...
By Staff reporter | Published: 15 September 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
