THE National Building Society (NBS) is set to construct more than 14 600 low cost houses in Bulawayo and Harare, as part of its efforts to reduce the country's over 1,25 million housing backlog, an of...
By Staff reporter | Published: 14 July 2017
The company is completely de-capitalised. Every unit has a working capital deficit. This is clear from the financials. This, in my view, clearly shows he doesn't know how to run a business of this mag...
By Staff reporter | Published: 14 July 2017
PROTON Bakers has introduced a new product on the market as a way to satisfy customer needs and offer them value for their money.has introduced a new product on the market as a way to satisfy customer...
By Staff reporter | Published: 14 July 2017
ZIMBABWEAN banks face insolvency due to a growing portfolio of Treasury bills (T-bills) and electronic funds transfers unsupported by cash reserves, the International Monetary Fund (IMF) has warned.T-...
By Staff reporter | Published: 13 July 2017
NEW York Stock Exchange-listed Kemet Corporation has invested in a tantalite mine in Zimbabwe and signed an off-take agreement for the supply of four tonnes of the industrially useful metal per month...
By Staff reporter | Published: 13 July 2017
ZIMBABWE'S Steward Bank has suspended payments to the pay-TV subsidiary of South Africa's Naspers, citing unavailability of foreign currency, in a sign that dollar shortages are worsening in the south...
By Staff reporter | Published: 13 July 2017
THE Zimbabwe Stock Exchange (ZSE) listing committee has allowed Zimre Holdings Ltd's investment vehicle, Stalap Investments to make a mandatory offer to CFI Holdings Limited minority shareholders.This...
By Staff reporter | Published: 13 July 2017
PAN African telecommunications group, Liquid Telecom has secured a $700 million bond and term loan facility aimed at supporting the group's existing debt and growth strategy.The financing package was...
By Staff reporter | Published: 13 July 2017
TOURIST arrivals into Zimbabwe increased by six percent to 479 718 during the first quarter compared to the same period last year, statistics from the 2017 first quarter tourism performance report sho...
By Staff reporter | Published: 13 July 2017
Econet Wireless Zimbabwe, which controls 98 percent of the Long Term Evolution data customer market share, has announced a major data network upgrade that will see the mobile network market leader ach...
By Staff reporter | Published: 13 July 2017
Zimbabwe is starved of access to foreign finance and only has three international banks availing credit to the country due to isolation and sanctions that Western countries imposed, the central bank ...
By Staff reporter | Published: 13 July 2017
LOCAL cement producer, PPC Zimbabwe, has started lobbying the government to move away from asphalt roads and turn to concrete roads, saying the latter were more durable.Another cement manufacturer, La...
By Staff reporter | Published: 13 July 2017
DEPOSITORS Protection Corporation (DPC) chief executive officer, John Chikura, has said the worsening economic crisis facing the country was hindering the performance of most banks, but warned that mo...
By Staff reporter | Published: 13 July 2017
NMB Bank is now offering school fees loans to working parents, no matter what school their children are attending, enabling them to ensure that school fees are paid in full and on time.The loan is ava...
By Chengetai Chinembiri | Published: 12 July 2017
The Reserve Bank of Zimbabwe (RBZ) is planning to plug the parallel financial markets and ease the current cash crisis by re-establishing Bureaux de Changes, more than 15 years after they were closed....
By Staff reporter | Published: 12 July 2017
WORKERS at the moribund National Railways of Zimbabwe (NRZ) are working under dangerous conditions as the cash-strapped parastatal continues to struggle to acquire the necessary safety clothing and eq...
By Staff reporter | Published: 12 July 2017
ZIMBABWE's informal sector could be the sixth largest in the Sub-Saharan region, contributing between 40 percent and 50 percent to economic growth - an estimated $7 billion - especially for the four-y...
By Staff reporter | Published: 12 July 2017
THE National Railways of Zimbabwe (NRZ) has started the adjudication process to select the winning bidder from the six potential investors it has shortlisted under its $400 million recapitalisation in...
By Staff reporter | Published: 12 July 2017
Government owned telecommunications company, NetOne has accused its ousted CEO, Reward Kangai of attempting to frustrate the process of seeking his replacement through frivolous litigation.In papers f...
By Staff reporter | Published: 12 July 2017
Air Zimbabwe (Airzim) has, with immediate effect, retrenched 200 workers as part of its ongoing restructuring exercise to bring the national airline back to viability.Out of 28 managers, only 12 were ...
By Staff reporter | Published: 12 July 2017
RIOZIM Limited has decided not to honour an ostensible $4,5 million debt owed to AfrAsia Bank, which is presently in liquidation, after it emerged the financial institution could have unfairly bloated...
By Staff reporter | Published: 12 July 2017
SECONDHAND clothing continues to flood the Zimbabwean market, taking a significant share of the clothing market and leaving local manufacturers teetering on the brink of collapse, an industry official...
By Staff reporter | Published: 12 July 2017
LISTED Turnall Holdings Limited is yet to secure an investor to give a lifeline to its operations, with revelations the firm's debt restructuring exercise will be completed by the end of August.The co...
By Staff reporter | Published: 12 July 2017
The Reserve Bank of Zimbabwe (RBZ) has revised downwards registration fees for bureaux de change operators to enhance the ease of doing business and foster financial inclusion.Concerned with the limit...
By Staff reporter | Published: 12 July 2017
The local motor industry is reeling under serious challenges which have forced most assembling firms to scale down operations.The influx of grey imports is proving to be a major challenge for the indu...
By Staff reporter | Published: 11 July 2017
Zimbabwe to establish municipal courts 
Rand manipulators taken to ConCourt 
Mnangagwa in Japan for TICAD9 summit 
ZSE pushes for another equities tax cut to boost selloffs 
AfDB projects 6% economic growth for Zimbabwe 
Mutambara warns of Western, Chinese bias in AI 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
