TOBACCO sales have so far raked in more than $500 million in sales for the 71 days of the marketing season, as farmers continue to deliver the golden leaf.tobacco prices started as low as US 0.6 cents...
By Staff reporter | Published: 13 July 2016
Delta Corporation’s revenue fell 11% in the first quarter, reflecting both weak demand and changes to the mix of the products within our portfolio. In its trading update for the three months to...
By Staff reporter | Published: 13 July 2016
Hotel and retail group Meikles Africa Limited's turnover for the full year to March 30, 2016 rose by 10 percent to $454 million relative to prior year.The group says it has delayed the release of its ...
By Staff reporter | Published: 12 July 2016
Standard Bank Africa has announced plans to launch a new banking application in ten countries including at its local subsidiary Stanbic Zimbabwe, before the end of this year.Stanbic Bank Zimbabwe is a...
By New Ziana | Published: 12 July 2016
ZIMPLATS has been dragged to court with President Robert Mugabe seeking to finalise the take-over of nearly 28,000 hectares of platinum land claims belonging to the miner.Zimbabwe is pushing through a...
By Staff reporter | Published: 12 July 2016
ZIMBABWE'S premier logistics concern, CourierConnect's turnaround strategy has paid dividends with the company posting profits for the first time since its inception about seven years ago. For the yea...
By Conrad Mwanawashe | Published: 12 July 2016
RioZim Ltd chairman Lovemore Chihota has taken over the day-to-day management of the mining group amid indications he now has an office and works closely with external managers, the Zimbabwe Independe...
By Staff reporter | Published: 12 July 2016
Zimbabwe mining companies say they are not evading taxes but distribute their earnings legitimately among various stakeholders in line with the country's laws.Isaac Kwesu, the Zimbabwe Chamber of Mine...
By Staff reporter | Published: 24 June 2015
Innscor Africa Limited (Innscor) has tasked its executive director for corporate finance, John Koumides, to lead an advisory committee implementing the separate listing of the group's fast-food busine...
By Staff reporter | Published: 24 June 2015
Meat processor Cold Storage Company says it has registered an increase in hides processed at its tannery following the imposition of an export levy on raw hides by Government.Government introduced a 7...
By Staff reporter | Published: 24 June 2015
Listed conveyor belts maker General Beltings has recorded a 47 percent upturn in turnover for the first five month of the year, on the back of a Government initiative last year to protect a number of ...
By Tawanda Musarurwa | Published: 24 June 2015
There is renewed interest by investors in the chrome sector following the lifting of a ban on unprocessed ore exports, a cabinet minister has said.Government two weeks ago reversed a four-year chrome ...
By New Ziana | Published: 24 June 2015
Innscor Africa Limited's bread making subsidiary, Baker's Inn, has recorded a 36 percent increase in sales volumes to 340 000 driven by price reductions.Chief executive Mr Toni Fourie said the jump in...
By Staff reporter | Published: 24 June 2015
Mobile telecommunications firm Econet Wireless last Friday launched a service that allows farmers to access extension services from experts through the phone.Dubbed "Dial-a-Mudhumeni", the service has...
By New Ziana | Published: 24 June 2015
HWANGE Colliery Company Ltd has received bids from four companies interested in rebuilding its coke oven battery as it moves to increase regional exports.The battery, which converts coking coal into ...
By Martin Kadzere | Published: 24 June 2015
Government has ordered a forensic audit of State-owned meat processor Cold Storage Company's (CSC) operations before approving an $80 million injection from a Botswana investor.CSC used to play a lea...
By Tinashe Makichi | Published: 24 June 2015
Meat processor Cold Storage Company says it has secured an investor willing to inject $80 million into the company but Government is yet to approve its turnaround strategy which paves the way for the ...
By Rumbidzayi Zinyuke | Published: 23 June 2015
The Civil Aviation Authority of Zimbabwe (CAAZ) will be conducting test flights at the beginning of August to ascertain if the new Victoria Fall Airport runway meets international aviation standards.T...
By Staff reporter | Published: 23 June 2015
Government will proceed with plans to consolidate diamond mining operations in the country despite facing resistance from certain diamond mining companies who up to now are still to make a decision o...
By Tinashe Makichi | Published: 23 June 2015
The Reserve Bank of Zimbabwe says the banking sector's capitalisation though largely in compliance with minimum capital requirements, remains under threat from losses being recorded by a few banking i...
By Staff reporter | Published: 23 June 2015
THE government says plans are underway to increase mandatory blending levels of unleaded petrol with ethanol to E30 and beyond as part of measures to arrest energy costs.Responding to questions on gov...
By Prosper Ndlovu | Published: 23 June 2015
The Kimberly Process Certification Scheme intercessional meeting has started in Luanda Angola, with the initial working group sessions avoiding contentious issues to do with the vice chairmanship and ...
By Staff reporter | Published: 23 June 2015
Air Zimbabwe has today re-launched its Harare-Lusaka route which was discontinued in 2011 due to low passenger traffic. The airline will now be flying between Harare and Lusaka three times a week - o...
By Walter Muchinguri | Published: 22 June 2015
A local refrigeration manufacturer, CAPRI has commissioned a $12 million plant that is expected to help boost capacity utilisation to 100 percent with immediate effect.The company's product availabili...
By Staff reporter | Published: 22 June 2015
The Zimbabwe National Roads Administration (ZINARA) has dangled the idea of a corridor master development plan (CMDP) towards the dualisation of the Beitbridge-Chirundu road, which emphasises the upgr...
By Staff reporter | Published: 22 June 2015
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
