MINING & RETAIL

Dalny Mine boosts RioZim operations

Listed miner RioZim says the growth of its revenues by 16 percent to $37,8 million in the six months to June 2017 was as a result of the acquisition of Dalny Mine.The group recently snapped up Dalny M...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Powertel goes for weeks without internet connectivity

Low cost internet provider, Powertel Communications' internet connectivity has been down for a week, with the parastatal remaining mum over the disservice.The blackout has affected Powertel's, a subsi...

By Takudzwa Chiwara | Published: 15 September 2017

MINING & RETAIL

Implats threatens to close Mimosa mine

IT'S "crunch time" for Impala Platinum's (Implats')  Mimosa mine which is under threat of closure as it cannot not comply with Zimbabwe's beneficiation laws and remain profitable.The Harare gover...

By miningmx | Published: 15 September 2017

FINANCIAL SERVICES

Imara, Kura merge

Imara Asset Management Limited ('Imara') and Kura Capital Limited ('Kura') are merging to create a pan African fund manager with over USD200m of assets under management.Kura is a highly respected, awa...

By Agencies | Published: 15 September 2017

MINING & RETAIL

ZCDC invests $30m in kimberlite mining

THE Zimbabwe Consolidated Diamond Company (ZCDC) has invested $30 million in kimberlite mining and plant equipment from South Africa in a bid to exploit minerals for sustainability and growth.Of the t...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

OpenView HD a hit in Zimbabwe

MORE television viewers who were used to MultiChoice's DStv service appear to have found solace in the OpenView HD, a free-to-air satellite TV service meant for the South African market that provides ...

By Staff reporter | Published: 15 September 2017

FINANCIAL SERVICES

CZI calls RBZ to release bond coins not notes

INDUSTRY lobby group, the Confederation of Zimbabwe Industries (CZI) has called on the Reserve Bank to release the additional $300 million, not in notes but in coins as a way of countering the black m...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Ster Kinekor readies for Bulawayo

THE long wait is over for movie lovers in Bulawayo as motion picture power house Ster-Kinekor Zimbabwe will open on September 21 with a movie premiere of The Kingsman: Golden Circle.Ster Kinekor opens...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Econet launches mobile BP, sugar testing device

GIANT telecoms firm, Econet Wireless, has launched a hypertension and sugar level testing device in Bulawayo under its connected health initiative that seeks to enhance access to medical assistance us...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

RioZim reports increased gold production

MINING concern, RioZim gold production for the half year ended June 30, 2017 rose 13 percent to 873 kilogrammes helping the group's comprehensive profit swing in the positive.RioZim reported $2,9 mill...

By Staff reporter | Published: 15 September 2017

FINANCIAL SERVICES

Women's Empowerment Bank ready to roll

THE setting up of Women Empowerment Bank is at an advanced stage with the bank's chief executive officer already appointed to kick start the financial institution's operations before year-end.The bank...

By Staff reporter | Published: 15 September 2017

MINING & RETAIL

Chamber of mines, UZ in mining growth pact

THE Chamber of Mines of Zimbabwe and the University of Zimbabwe (UZ) penned a memorandum of understanding (MOU) which seeks to operationalise a centre of excellence promoting discovery, recovery, proc...

By Staff reporter | Published: 15 September 2017

TRANSPORT & TOURISM

Sanganai / Hlanganani fully subscribed

The 10th edition of the Sanganai/Hlanganani tourism and travel fair has been fully subscribed with all the exhibition space taken up, the Zimbabwe Tourism Authority (ZTA) said yesterday. Sanganai/Hlan...

By Staff reporter | Published: 15 September 2017

TELECOMS & TECHNOLOGY

Kwesé, Netflix launch unique African play

Africa's newest pan-African broadcaster Econet Media, is proud to announce the launch of its Internet Protocol Television (IPTV) service Kwesé Play - a video streaming service delivered on high-spee...

By Agencies | Published: 14 September 2017

TRANSPORT & TOURISM

Battle for Zim airspace intensifies

TRAVELLERS to Zimbabwe could soon reap the benefits of a price war following the registering of at least half a dozen airlines that are keen to service both local and international routes.Information ...

By Staff reporter | Published: 14 September 2017

MINING & RETAIL

Zim mineral revenue hits $1bn in seven months

Mineral revenue reached $1 billion in the seven months to July 2017, with gold contributing half of the total sales. In the half-year to June 2016, mineral revenue was at $806 million, driven by an in...

By Staff reporter | Published: 14 September 2017

FINANCIAL SERVICES

Lending firms cry foul

ZIMBABWE'S micro finance institutions say they risk collapse due to the "unreasonable" interest rates imposed by the central bank. Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, last year ord...

By Staff reporter | Published: 14 September 2017

TRANSPORT & TOURISM

Calls for Manicaland airport intensify

Industry, commerce and political players in the eastern region have piled pressure on government to construct a standard airport in the province to resuscitate the region's tourism.Mutare is the count...

By Staff reporter | Published: 14 September 2017

INDUSTRIALS & ENERGY

Colcom minorities cling to shares

COLCOM Holdings this week issued a further cautionary on a planned offer to minorities by major shareholder, Innscor Africa, four months after the first cautionary in May.The delay in making the offer...

By Staff reporter | Published: 14 September 2017

MINING & RETAIL

Zimplats agrees to cede claims to govt

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...

By The Source | Published: 14 September 2017

INDUSTRIALS & ENERGY

Drug prices soar

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...

By Staff reporter | Published: 14 September 2017

TELECOMS & TECHNOLOGY

TelOne applies for VoD broadcast licence

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...

By Staff reporter | Published: 14 September 2017

TRANSPORT & TOURISM

Govt works on Air Zimbabwe debt takeover

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...

By Staff reporter | Published: 14 September 2017

MINING & RETAIL

Plug gold leakages, add value, says Mugabe

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...

By Staff reporter | Published: 14 September 2017

LANDS & AGRICULTURE

Sugarcane farmers target 600 000 tonnes

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...

By Staff reporter | Published: 14 September 2017

Latest News

Latest Published Reports

Latest jobs