ONE of the country's biggest shopping malls Joina City, owned by Masawara Plc, recorded a six percent decline in occupancies for the six months ended June 30, 2017. In a statement accompanying the com...
By Staff reporter | Published: 12 September 2017
THE National Social Security Authority (NSSA) might never fully recover millions of dollars worth of investment into Beitbridge Hotel, now a white elephant after former tenant Rainbow Tourism Group va...
By Staff reporter | Published: 12 September 2017
Police have launched a manhunt for two senior officials from a local company, ASA Resource Group Plc, on allegations of defrauding Bindura Nickel Corporation Mine (Trojan Nickel Mine) in Bindura of mo...
By Staff reporter | Published: 12 September 2017
The Grain Marketing Board's commercial milling division is threatening the viability of private millers amid revelations the parastatal is not paying for grain drawn from the strategic reserves. In a ...
By Staff reporter | Published: 12 September 2017
In celebration of the tenth anniversary of the iPhone, leaks point strongly to Apple launching a new premium smartphone called the “iPhone X” at an event on Tuesday.It is believed the 'X' - standi...
By Staff reporter | Published: 11 September 2017
The on-going Zanu-PF youth rallies have been a windfall to Alpha Omega Dairy Private Limited owned by President Robert Mugabe's family as the youth league is reportedly buying from it all dairy produc...
By Staff reporter | Published: 11 September 2017
MOONLIGHT Funeral Services yesterday officially opened a newly refurbished wing at its Gweru branch where it has invested $100 000.The company is rolling out a refurbishment exercise across its branch...
By Staff reporter | Published: 11 September 2017
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has mobilised $8.1 million through private placement of housing bonds and would before the end of the year roll out massive housing development p...
By Staff reporter | Published: 11 September 2017
THE National Building Society (NBS) has constructed 3 000 houses so far this year through its housing mortgage scheme.The building society, which is wholly owned by the National Social Security Author...
By Staff reporter | Published: 11 September 2017
Tanzania said on Saturday it planned to nationalise diamonds whose value it put at $29.5 million belonging to a mine majority owned by London-listed Petra Diamonds after it accused the miner of under-...
By Staff reporter | Published: 11 September 2017
ZIMBABWE'S microfinance industry appears to be gaining public confidence if latest statistics are anything to go by.Despite being blemished by a culture of usurious interest rates and repossession of ...
By Staff reporter | Published: 11 September 2017
Despite government claims of a bumper harvest, the Grain Marketing Board (GMB) silos in various provinces are not yet full with the national granary still accepting grain from farmers.This comes amid ...
By Staff reporter | Published: 11 September 2017
Harare City Council (HCC) has secured a loan of $4,5 million from a local bank for the re-capacitation of their quarry mine.HCC acting Town Clerk Josephine Ncube said a board to run the affairs of the...
By Staff reporter | Published: 11 September 2017
ECONET recorded brisk business in Harare yesterday after its shops started selling accessories for its new television pay-per-view offering Kwese TV following a High Court ruling overturning a governm...
By Staff reporter | Published: 10 September 2017
ONE of Bulawayo's oldest clothing retailing shop, Esats, has invested about $250 000 in setting up its new mini-shopping complex that will accommodate at least seven other shops.Esats director, Mr Mo...
By Staff reporter | Published: 10 September 2017
Government is finalising an offer to buy Empowerment Corporation's 40 percent stake in Telecel Zimbabwe, sources familiar with developments have said."It is now clear that the Government wants to buy ...
By Staff reporter | Published: 10 September 2017
AIR Zimbabwe's proposal to wet lease Malaysia Airlines planes is in limbo despite senior government officials and the national carrier's senior executives frequent sojourns into the Far East country t...
By Staff reporter | Published: 09 September 2017
Aliko Dangote, Africa's richest man, is among those considering counteroffers for PPC that could signal a bidding contest for South Africa's largest cement maker, according to people familiar with the...
By Staff reporter | Published: 08 September 2017
ZIMBABWE's mining industry is forecast to maintain its growth trajectory, driven by high production volumes, despite the revenue challenges posed by a downslide in global metal prices across most mine...
By Staff reporter | Published: 08 September 2017
PARROGATE Zimbabwe plans to set up chrome smelters in Mhangura, at an estimated cost of $18 million, with potential to generate $40 million in export earnings annually, managing director Ganediwal sai...
By Staff reporter | Published: 08 September 2017
Zimbabwe's power utility Zesa has reduced its tariff for gold miners by 34% to USc7,87/energy unit following calls from the miners who argued that the charges were hurting their operations.Gold produc...
By Staff reporter | Published: 08 September 2017
Microfinance institutions (MFIs) are being transformed to aid financial inclusion taking on-board the marginalised groups, Reserve Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has said.Speak...
By Staff reporter | Published: 08 September 2017
BancABC, which has subsidiaries in Botswana, Mozambique, Zambia and Tanzania, was one of the major conduits for dodgy diamond funds flowing internally and across borders, the Zimbabwe Independent has ...
By Staff reporter | Published: 08 September 2017
A HARARE lawyer has approached the High Court seeking an order compelling Skynet Private Limited (Multichoice Zimbabwe) to accept bank card swipe, bank transfers, ecocash and bond notes for DSTV subsc...
By Staff reporter | Published: 08 September 2017
STATE-OWNED telecommunications operator TelOne has to date drawn down $54 million from its $98 million facility for the National Broadband (NBB) Project financed by the ChinaEXIM Bank as the company m...
By Staff reporter | Published: 08 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
