FAZAK Africa says it plans to venture into hardware business as a way of staying afloat in business to counter the prevailing economic challenges. The company's managing director Mr Zak Hawa told Busi...
By Staff reporter | Published: 10 August 2017
DIVERSIFIED Bulawayo-based manufacturer, Arenel, says it will soon be producing syrups. Managing director, Mr Joshua Lepac said the production of six flavours of syrups was expected to start this mont...
By Staff reporter | Published: 10 August 2017
ZIMBABWE National Roads Administration (Zinara), through ZB Bank, is floating a $60 million bond to spruce up the country's road network, half of which was recently damaged by rains, ZB Financial Hold...
By Staff reporter | Published: 10 August 2017
The State Procurement Board (SPB) has awarded a $400 million tender for the revival of the National Railways of Zimbabwe (NRZ) to a consortium comprising Transnet and the Diaspora Infrastructure Devel...
By Staff reporter | Published: 10 August 2017
WRANGLING over chrome mining claims by artisanal miners in the Midlands Province is continuing unabated, with the Zimbabwe Small Miners Confederation (ZSMC) now threatening to appeal to President Robe...
By Staff reporter | Published: 09 August 2017
AGRIBANK has extended $10 million to finance the establishment of a fruit processing plant in Esigodini, Matabeleland South.The commissioning of the project, a brainchild of the late Vice President, J...
By Staff reporter | Published: 09 August 2017
A NUMBER of business and retail owners are dribbling tax authorities by linking point of sales machines (POS) to individual accounts to evade paying taxes.The unscrupulous dealers were duping the taxm...
By Staff reporter | Published: 09 August 2017
DESPITE the growing supply of cooking oil on the domestic market, producers are finding it difficult to tap into export markets due to un-competitiveness of the commodity.Oil Expressers' Association o...
By Staff reporter | Published: 09 August 2017
MEPRIN Founders and Engineers are seeking a bigger industrial space to match their growing production levels and positive export demand.The company began operations in 2000 as a small scale entity at ...
By Staff reporter | Published: 09 August 2017
STEWARD Bank has cut its interests rate to below eight percent and joined the bandwagon of institutions that offer mortgage facilities to clients for housing development.The bold move is likely to exc...
By Staff reporter | Published: 09 August 2017
STATE-OWNED agro-lender, Agribank and FBC are going into the market to raise $20 million for the 2017/18 agricultural cropping season.This development follows the permission by government last month f...
By Staff reporter | Published: 09 August 2017
FOREIGN-owned bank MBCA and the country's largest mobile network provider Econet Wireless Zimbabwe are finalising a deal which will see the bank integrate with the latter's mobile money platform EcoCa...
By Staff reporter | Published: 09 August 2017
Econet Wireless, the largest mobile network operator (MNO) in Zimbabwe has moved to enlarge its retail footprint and further widen its product and service distribution network by opening a new custome...
By Staff reporter | Published: 09 August 2017
A Harare magistrate has quashed criminal charges against Delta Beverages (Pvt) Ltd for selling liquor without an agent liquor licence.The multi national company was relieved of the charges after Harar...
By Staff reporter | Published: 09 August 2017
AN unnamed Indian investor will snap up a 70 percent stake in Zimbabwe's second largest ferro-chrome producer Zim-Alloys after judicial manager Reggie Saruchera sealed a deal for a $90 million investm...
By Staff reporter | Published: 09 August 2017
AN Information and Communication Technology (ICT) expert has called for the further strengthening of the Real Time Gross Settlement (RTGS) amid revelations that a total of 2,5 million transactions va...
By Staff reporter | Published: 09 August 2017
THE Zimbabwe Wheat Board (ZWB) has pleaded with government to intervene over the soaring costs of wheat production.The ZWB yesterday met acting President Emmerson Mnangagwa (pictured), where they plea...
By Staff reporter | Published: 09 August 2017
GOVERNMENT and Sakunda will collectively invest $68 million towards installation of centre pivots to strengthen irrigation infrastructure in support of agricultural programmes for import-substitution,...
By Staff reporter | Published: 08 August 2017
Police are looking for Freda Rebecca Mine chief finance officer Kwong Po Shum for allegedly defrauding the company of over $214 000.According to a statement from Bindura CID, Kwong misrepresented that...
By Staff reporter | Published: 08 August 2017
FREDA Rebeca's controlling London-listed shareholder, Asa Resources Plc, has run into a fresh shareholder dispute after a 15 percent owner in its Bindura gold mining unit accused the Chinese controlle...
By Staff reporter | Published: 08 August 2017
SecZim has warned businessman Van Hoogstraten against violating market rules after his investment vehicle tabled an informal rival offer to CFI Holdings minorities.SecZim chief executive Tafadzwa Chin...
By Staff reporter | Published: 08 August 2017
INGWEBU Breweries management is not certain when the production of its non-alcoholic sorghum mahewu, which was suspended recently, will resume.Ingwebu, run by the Bulawayo Municipal Commercial Underta...
By Staff reporter | Published: 08 August 2017
The Insurance and Pension Commission (Ipec) says the insurance industry registered a 32% total asset base growth to $5,4 billion, as at March 2017 due to growth in equities and asset revaluations.Ipec...
By Staff reporter | Published: 08 August 2017
MONARCH Steel, a division of Treger Group of Companies has recorded 167 increase in export volumes since last year buoyed by Government's measures to support local industries.This has seen the company...
By Staff reporter | Published: 08 August 2017
SINO-Hydro has concluded a power purchase agreement with the Zimbabwe Electricity Transmission and Distribution Company for the supply of power from Hwange 7 and 8 units, a critical step towards reach...
By Staff reporter | Published: 08 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
