A BULAWAYO supermarket has been dragged to court by the Reserve Bank of Zimbabwe (RBZ) over failure to submit cash sales returns and deposits to the central bank.The Greens Supermarket director, Arthu...
By Staff reporter | Published: 24 July 2017
GAIN Cash and Carry has opened its first branch in Bulawayo after investing about $1 million dollars in setting up the business.The wholesale company acquired the business through a management buyout ...
By Staff reporter | Published: 24 July 2017
WOMEN should empower themselves by taking advantage of the existing investment opportunities in the country, a senior official has said.Speaking during the Mine Entra expo in Bulawayo last week, Wome...
By Staff reporter | Published: 24 July 2017
MOBILE phone operator Econet says it is ready to share infrastructure with other operators but only if all players contribute equally.Speaking at the four day Institute of Chartered Accountants of Zi...
By Staff reporter | Published: 24 July 2017
Zimbabwe's diamond output for the first half of 2017 jumped to 1,1 million carats (220kg) against 690 000 carats produced during the whole of 2016.The big rise in diamond production follows Governmen...
By Staff reporter | Published: 24 July 2017
Zimbabwe Stock Exchange listed Simbisa Brands, the company which houses fast food names such as Chicken Inn and Pizza Inn, is reportedly eyeing a secondary listing on the London Stock Exchange Alterna...
By Staff reporter | Published: 23 July 2017
The mining sector is seen growing 5,1 percent this year buoyed by positive performance from the gold, platinum, chrome, coal and nickel sectors, Finance minister Patrick Chinamasa said.Chinamasa on T...
By Staff reporter | Published: 23 July 2017
THE Reserve Bank of Zimbabwe (RBZ) and a number of financial institutions have started disbursing funds for the recapitalisation of companies whose products were placed on import restriction under th...
By Staff reporter | Published: 23 July 2017
DELAYS in resolving the dispute between the Cold Storage Company (CSC) and its creditors, mainly former workers, is likely to frustrate investors and prejudice already secured markets, analysts have ...
By Staff reporter | Published: 23 July 2017
Annual tourist arrivals from South Africa have declined from 1, 5 million to 600 000 partly due to heavy police presence on Zimbabwe's roads, a Cabinet minister has said. Tourism and Hospitality Indu...
By Staff reporter | Published: 23 July 2017
Another mega deal signed between Zimbabwe and China in 2015 has been actualised, with Baic Automotive Group releasing US$20 million for recapitalisation of bus manufacturer AVM Africa. The deal is am...
By Staff reporter | Published: 23 July 2017
Zimbabwean diamond cutting and polishing companies are struggling to absorb the mandated 10% market share set aside by government to encourage growth and development of the downstream industries, an ...
By Staff reporter | Published: 23 July 2017
Local fuel dealer, Sakunda Energy, says it is targeting to increase its funding for maize production under the command agriculture scheme to cover at least three million hectares next season.Vice-Pre...
By Staff reporter | Published: 23 July 2017
Over 1 000 tonnes of maize from the 2016/17 agricultural season had been delivered to the Grain Marketing Board (GMB) by April this year, the state's grain procurer said.Speaking at the maize value c...
By Staff reporter | Published: 23 July 2017
AFRICAN Sun-owned Amber Hotel Mutare was recently rebranded to Holiday Inn Mutare in a move that is likely to bring competitiveness in the hospitality sector in Manicaland Province, with owners forkin...
By Staff reporter | Published: 23 July 2017
NetOne says its ambitious Basa Sebasa project rolled out in Harare last month to expand the mobile network provider's subscriber base and has now cascaded to all provinces has started paying dividend...
By Staff reporter | Published: 23 July 2017
The government has embarked on a programme to computerise mining title systems in a move aimed at ending the practice of double allocation of mining claims while facilitating the smooth implementation...
By Staff reporter | Published: 22 July 2017
The Civil Aviation Authority of Zimbabwe (CAAZ) is finalising the financing model for the US$153 million upgrading of Harare International Airport to pave way for the resumption of civil works.The exp...
By Staff reporter | Published: 22 July 2017
The government is on the verge of striking a deal with some foreign investors that will see the revival of Ziscosteel.Addressing delegates during a Round Table Ministerial Conference in Bulawayo, the ...
By Staff reporter | Published: 22 July 2017
Insurance companies have been directed to comply with new minimum capital requirements by year end as part of efforts to increase business confidence within the sector.This emerged at the Insurance In...
By Staff reporter | Published: 22 July 2017
Standard Chartered Goal Programme hosted a two-day summit titled Beyond Girls' Education Global Summit 2017. The summit agenda highlighted the best practises and opportunities to support adolescent gi...
By Agencies | Published: 22 July 2017
DOVES Funeral Services has accused leading telecommunications companies of creating unfair competition by deviating from their core mandate into the provision of funeral insurance.According to NewZim...
By Staff reporter | Published: 22 July 2017
The $250 million Dema Power Plant - set up to provide emergency power in the wake of electricity shortages due to low water levels in Kariba Dam - has been mothballed on the back of fuel challenges, i...
By Staff reporter | Published: 22 July 2017
EYEBROWS have been raised over the experience and capacity of Diaspora Infrastructure Development Group (Pvt) Ltd (DIDG), which is partnering South Africa's Transnet in a joint bid for the National Ra...
By Staff reporter | Published: 22 July 2017
THE government has revised downwards its gold production target of 28 tonnes to 24,5 tonnes for this year due to loss of production in January and February largely as a result of heavy rains that floo...
By Staff reporter | Published: 22 July 2017
Zimra imposes US$2m penalty on OK Zimbabwe 
South Africa ripe for a coup 
India dumps US Treasury bills 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
fastjet introduces Bulawayo-Victoria Falls flights 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
