LEADING baking firm, Baker's Inn has installed an additional $5 million plant at its Bulawayo factory as it moves to satisfy the demand of its bread in the southern parts of the country.Regional engin...
By Staff reporter | Published: 07 August 2017
THE Reserve Bank of Zimbabwe (RBZ) says it will take action against microfinance institutions that continue to charge lending rates above 10 percent per month.In February, the monetary authority issue...
By Staff reporter | Published: 07 August 2017
SOUTH Africa and Zimbabwe have culled more than one million chickens after an outbreak of avian influenza, which threatens food security in the region, the Food and Agriculture Organisation said."This...
By Bloomberg | Published: 07 August 2017
The labour row pitting the Reserve Bank of Zimbabwe (RBZ) and security guards it retrenched five years ago is back at the Labour Court with the former employees demanding their dues.The Supreme Court ...
By Staff reporter | Published: 07 August 2017
CBZ Holdings group has recorded a standstill profit after tax of a meagre 0,8% to $11,95 million in its half-year results ending June 30 2017, with cash and foreign shortages contributing to the slugg...
By Staff reporter | Published: 07 August 2017
NON-life insurance companies' profit after tax surged to $3,83 million during the first quarter of 2017 due to a rise in net premium written and reductions in operational expenses.The surge was from a...
By Staff reporter | Published: 07 August 2017
AGRIBANK has been honoured with three awards for its outstanding role in upholding financial prudence.The awards were awarded by the Office of the President (OPC) in conjunction with the Ministry of F...
By Staff reporter | Published: 07 August 2017
More than 97 percent of loans in the banking sector have been registered with the RBZ's credit registry which went live in May, helping create a database that will enable subscribers to prudently ext...
By Staff reporter | Published: 07 August 2017
MASAWARA, a Zimbabwe-focused investment outfit, is banking on timeous disposal of its holding in Ugandan insurance firm, Lion Assurance Company, to defray its US$11 million long-term debt, part of whi...
By Staff reporter | Published: 07 August 2017
THE Government will not allow National Blankets to go under liquidation and measures are underway to resuscitate the company, Industry and Commerce Deputy Minister Chiratidzo Mabuwa has said.The Bula...
By Staff reporter | Published: 07 August 2017
STUNG by poor cash circulation on the market, Reserve Bank of Zimbabwe (RBZ) is encouraging local manufacturers to sell their produce directly to the market as a way of tapping into the money that is ...
By Staff reporter | Published: 06 August 2017
Local firm Life Brand Agriculture Services plans to put 10 000 hectares of rice in Masvingo - a project set to showcase Tokwe-Mukosi Dam's humongous impact on farming.Zimbabwe imports over 95 percent ...
By Staff reporter | Published: 06 August 2017
The Government's maize import ban together with a high buying price at the Grain Marketing Board (GMB) has triggered smuggling of grain into the country, it has emerged.In a bid to protect local farme...
By Staff reporter | Published: 06 August 2017
ANXIETY is growing among subscribers of the digital television service provided by MultiChoice Zimbabwe as banks throttle payment platforms, especially for non-AC holders.Even independent agents no lo...
By Staff reporter | Published: 06 August 2017
TelOne has announced the disruption of its services to its clients in Hillside (Bulawayo), Kezi and the Harare to Norton network from 0000hrs to 0200hrs, 6 August 2017. TelOne provides internet and vo...
By Ngoni Shenjere | Published: 05 August 2017
Diversification and innovation are the buzzwords for Bulawayo's surviving industries whose resilience in the face of a difficult macro-economic climate deserves applause. While the city has seen a dem...
By Staff reporter | Published: 04 August 2017
Econet Wireless Zimbabwe, mobile money service provider, EcoCash has reduced its international ATM withdrawal limits on its MasterCard Debit card to $50 a month, a tell-tale sign that the foreign curr...
By Staff reporter | Published: 04 August 2017
THE Agricultural Bank of Zimbabwe (Agribank) is phasing out manual withdrawals to embrace electronic and mobile banking payments.The bank is upgrading its information and communication technology (ICT...
By Staff reporter | Published: 04 August 2017
Information and Communication Technology (ICT) minister Supa Mandiwanzira yesterday took a subtle dig at the country's leading telecommunications firm, Econet Zimbabwe, accusing it of exhibiting monop...
By Staff reporter | Published: 04 August 2017
CABINET has approved proposals by the Ministry of Industry and Commerce for the Industrial Development Corporation to become an industrial financing entity.The move is part of ongoing measures by Gove...
By Staff reporter | Published: 04 August 2017
The government says it has identified two banks which were among several institutions affected by the WannaCry virus global attack from May 12 to 15 that affected a cross section of institutions.Speak...
By Staff reporter | Published: 04 August 2017
The takeover of Barclays Bank Zimbabwe by Malawi-based First Merchant Bank has hit a new snag and is under threat from the controversial indigenization policy compelling foreign investment compelling ...
By Staff reporter | Published: 04 August 2017
Self-exiled businessman James Makamba (right) has sold his stake in Empowerment Corporation, a 40 percent shareholder in Telecel Zimbabwe to a local consortium for an undisclosed amount.However, with ...
By Staff reporter | Published: 04 August 2017
Zimbabwean banks have made $100,59 million profit in the half year to June 30, 2017, representing an increase of 47,99 percent from $67,97 million reported in the corresponding period last year, the c...
By Staff reporter | Published: 03 August 2017
Zimbabwe has engaged Brazil to release the second batch of agricultural equipment under the South American country's More Food for Africa Program, an envoy said on Wednesday.Zimbabwe received the firs...
By New Ziana | Published: 03 August 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
