The pensions industry recorded total income of $112 million in the first quarter ended March this year attributable to contributions, rental and investment income, the sector regulator has said.The In...
By Staff reporter | Published: 28 August 2017
Zimbabwe's largest platinum miner, Zimplats has recorded impressive strides on its productive capacity at a record 6.4 million tonnes per annum as the firm focuses on volumes to hedge against subdued...
By Staff reporter | Published: 28 August 2017
Statutory pension fund, National Social Security Authority (Nssa), is set to increase its shareholding in Starafricacorporation (Starafrica).This was after the sugar producer said it wants to offer Ns...
By Staff reporter | Published: 28 August 2017
Financial services group, FBC Holdings (FBCH), said it is now reaping rewards from its investments in various sectors of the economy.The group's chairperson, Herbert Nkala, said FBCH's six business un...
By Staff reporter | Published: 28 August 2017
Sakunda Private Limited - a fully-integrated energy supplier that has grown to be the biggest fuel trader with stocks in excess of 200 million litres - is changing its name to Trafigura Zimbabwe.The T...
By Staff reporter | Published: 28 August 2017
ECOBANK Zimbabwe on Thursday said its after tax profit increased more than three-fold to $11.4 million in the half year to June, from $3.4 million in the comparable period last year, driven by an incr...
By Staff reporter | Published: 28 August 2017
Zimbabwean platinum miners - among them units of Impala Platinum, Sibanye Gold and Anglo Platinum - have been plunged into deeper procurement and financial hurdles after the government directed that 8...
By Staff reporter | Published: 28 August 2017
BULAWAYO-headquartered Pump and Steel Supplies Company has spread its wings to Harare where it has opened a new branch as part of its expansion drive.The firm's human resources manager, Mr Ernest Jack...
By Staff reporter | Published: 28 August 2017
GIANT cement maker PPC Zimbabwe says it has spent $2.5 million to curb high stack emissions in the last two years at its Colleen Bawn plant in line with the environmental compliance regulations.The pl...
By Staff reporter | Published: 28 August 2017
The country's largest cement producer, PPC Zimbabwe has hinted on a possibility to shut down its Collen Bawn plant in Gwanda citing pressure from cheap imported clinker by other producers and smuggled...
By Staff reporter | Published: 28 August 2017
Manicaland's dairy industry is operating below capacity due to high and unsustainable production costs.Zimbabwe has for more than a decade failed to produce enough milk and has resorted to importing f...
By Staff reporter | Published: 28 August 2017
NICOZ DIAMOND Insurance Limited saw its profit after tax declining by 0,5% to $1,2 million in the six months ended June 30, 2017 after the group incurred retrenchment costs at its unit in Malawi.In th...
By Staff reporter | Published: 28 August 2017
Stanbic Bank Zimbabwe has revamped its home loans offering in a bid to encompass both existing and prospective home owners.In an interview, the bank's acting head of personal and business banking Pats...
By Staff reporter | Published: 28 August 2017
The National Railways of Zimbabwe (NRZ) is positioning itself to reclaim its market share following its milestone partnership with a private firm that will see a US$400 million recapitalisation. 2017...
By Staff reporter | Published: 28 August 2017
The hospitality industry is leading in terms of satisfying customers after scoring top marks in a recent survey conducted by the Chartered Institute of Customer Management. Ou...
By Staff reporter | Published: 28 August 2017
The Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to generate more revenue from mining conglomerate diamonds with the initiative expected to be fully operational by next year.Since its es...
By Staff reporter | Published: 28 August 2017
Sacked Air Zimbabwe (AirZim) workers have rejected the parastatal's retrenchment package, saying it had been imposed on them in violation of the Labour Act.The Daily News on Sunday can exclusively re...
By Staff reporter | Published: 28 August 2017
INDIGENISATION minister Patrick Zhuwao is demanding a review of the sale of Barclays Bank of Zimbabwe to a Malawian financial institution, saying the deal might have violated Zimbabwe's laws, it has ...
By Staff reporter | Published: 28 August 2017
Farmers' organisations say the over $1 billion that is injected annually into agriculture by banks is not serving its purpose as their members continue to struggle to access funding due to stringent r...
By Staff reporter | Published: 28 August 2017
THE manufacturing of poultry feeds continued to dominate the stockfeed industry during the second quarter of 2017 with a monthly average of 22,473 metric tonnes worth $15,5 million, an industry offic...
By Staff reporter | Published: 28 August 2017
THE National Building Society (NBS) is targeting to fund the construction of 10 000 high to medium density housing units by the end of this year after partnering with private property developers to ad...
By Staff reporter | Published: 28 August 2017
Standard Chartered (StanChart) has announced the appointment of Kweku Bedu-Addo, as new chief executive of South Africa and southern Africa.The region comprises Angola, Botswana, Mauritius, Zambia an...
By Staff reporter | Published: 28 August 2017
GOVERNMENT says it will engage mining companies with a view to gain their buy-in on its intention to increase the threshold of mining royalties for most minerals to between 10 and 15 percent.The move...
By Staff reporter | Published: 28 August 2017
LISTED clothing group Edgars Stores Limited expects an increase in sales contribution of about two percent annually after investing $500 000 in revamping its Stanley House branch in the Harare's cent...
By Staff reporter | Published: 28 August 2017
Cement manufacturer PPC has recorded the highest production volumes in Zimbabwe for the first time in 18 years following the opening of a new $82 million plant in Harare.The group's interim chief exe...
By Staff reporter | Published: 28 August 2017
Ian Khama joins Zimbabwe CIO linked group 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE pushes for another equities tax cut to boost selloffs 
AfDB projects 6% economic growth for Zimbabwe 
Ken Sharpe blasts incompetent Harare council 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
