THE National Railways of Zimbabwe (NRZ) says it has discovered a new niche market in chartered steam locomotives, which have proved to be a hit among foreign tourists and a revenue source.NRZ spokespe...
By Staff reporter | Published: 28 July 2017
The Confederation of Zimbabwe Retailers (CZR) says the use of mobile and plastic money has risen to account for 80 percent of transactions in the retail sector.Addressing delegates at the 'Cash challe...
By Staff reporter | Published: 27 July 2017
Canadian junior miner Caledonia Mining Corporation says it has received approval for the listing of its common shares on the New York Stock Exchange (NYSE).The listing should accrue benefits for the ...
By Staff reporter | Published: 27 July 2017
JENA Gold Mines, owned by the State's Zimbabwe Mining Development Corporation (ZMDC), got a reprieve from debtors when the High Court ordered a creditors' meeting to consider a moratorium on claims.Je...
By Staff reporter | Published: 27 July 2017
RESERVE Bank of Zimbabwe (RBZ) governor says he is worried about the creation of money through the issuance of Treasury Bills and loans which is causing a mismatch between local RTGS balances and nost...
By Staff reporter | Published: 27 July 2017
THE Zimbabwe Mining Development Corporation has appointed Demand Gwatinetsa as the general manager who is expected to spearhead the turnaround of the group.ZMDC is a mining entity with a statutory man...
By Staff reporter | Published: 27 July 2017
TelOne has introduced "Alert Me" service for all their broadband customers, where customers will now be able to receive updates on their data balance and get reminders for recharging.This is part of t...
By Staff reporter | Published: 27 July 2017
A UNITED Kingdom construction company has set its eyes on setting up business in Zimbabwe saying the country is a good investment destination.Parry Building Products Limited also seeks to engage the G...
By Staff reporter | Published: 27 July 2017
MULTI-Choice Zimbabwe has assured its subscribers that its digital satellite TV (DStv) will not be suspended contrary to rumours circulating that the Sub-Saharan Africa pay TV will soon stop operating...
By Staff reporter | Published: 27 July 2017
INTERNATIONAL fast food chain Kentucky Fried Chicken (KFC) is putting final touches on its Bradfield Bulawayo outlet ahead of opening slated for next month.KFC Bulawayo will be the fifth branch of th...
By Staff reporter | Published: 27 July 2017
The 2016/17 agricultural season registered a 280 percent increase in average household maize production from the previous year, the latest Zimbabwe Vulnerability Assessment Committee (ZimVAC) report r...
By Staff reporter | Published: 27 July 2017
STANBIC Bank Zimbabwe says it has channelled $273.2 million towards financing the tobacco industry this year.The bank's head of corporate and investment banking, Mr Rhett Groves, said yesterday the su...
By Staff reporter | Published: 27 July 2017
ZIMBABWE's electricity imports rose 260 percent last year as the power utility, Zesa Holdings, moved to avert shortages and cuts, which would have crippled business and industrial operations.Zimbabwe'...
By Staff reporter | Published: 27 July 2017
South African power utility, Eskom has threatened to switch off ZESA Holdings by the end of this month if it fails to adhere to the agreed payment plan.The government through ZESA Holdings agreed to p...
By Staff reporter | Published: 26 July 2017
Cigarette manufacturer, British American Tobacco Zimbabwe (BAT Zim) on Wednesday announced a 27 percent jump in after tax profit to $4,6 million for the half-year ended June 2017.The jump in profit, d...
By Staff reporter | Published: 26 July 2017
In a 2015 investors report, Pan-African stock analysts Imara Edwards Securities projected that Zimbabwe Stock Exchange-listed sugar processor Hippo Valley Estates Limited's share price was significant...
By Staff reporter | Published: 26 July 2017
The government has been advised to recapitalise the engineering sector and effectively utilise its broad-based skills to harness revenue for the potential growth of the industry.Lack of investment and...
By Staff reporter | Published: 26 July 2017
The government has appointed a new board at the Zimbabwe United Passenger Company (ZUPCO) tasked with the mandate to restore the viability of the parastatal into a vibrant and competitive entity.The p...
By Staff reporter | Published: 26 July 2017
AFTER years of going back and forth on Cold Storage Company (CSC)'s revival, government believes it has finally found that missing link which could do the trick - Command Livestock.Command Livestock i...
By Staff reporter | Published: 26 July 2017
DELTA Beverages, the country's largest beverages manufacturer is closing its Victoria Falls depot, as part of a rationalisation exercise, the company has confirmed.Delta corporate affairs director, Al...
By Staff reporter | Published: 26 July 2017
GOVERNMENT has dispatched a technical team to Karoi in Mashonaland West to explore gemstones, a Minerals Marketing Corporation of Zimbabwe (MMCZ) official has revealed."I want to touch briefly on the ...
By Staff reporter | Published: 26 July 2017
Simbisa Brands' bakery unit, Bakers Inn, says it has invested about $2 million in a new factory in the country's second largest city - Bulawayo - as it moves to drive its 450 000 loaves per day output...
By Staff reporter | Published: 26 July 2017
THE Zimbabwe Mining and Smelting Company, once the largest ferrochrome producer in the country and a force to reckon with in Africa, is slowly making its way up to the top again, rising from a debt ov...
By Staff reporter | Published: 26 July 2017
ZIMBABWE has generated about $22.6 million from 153 000 tonnes of chrome ore exported through toll arrangement since last year, an official has said.Speaking during a small-scale miners' conference in...
By Staff reporter | Published: 26 July 2017
THE country's biggest shoe manufacturer, Bata Shoe Company, plans to increase production of its Pata Pata and Sandak brands in response to increasing market demand.Bata last year sold about 1,2 millio...
By Staff reporter | Published: 26 July 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
