The High Court has given struggling PG Industries Zimbabwe Limited (PG) the green light to continue with its scheme of arrangement with concurrent creditors, after its last attempt to register its deb...
By Staff reporter | Published: 21 June 2015
In South Africa (SA), they have got Theo Botha - the irrepressible shareholder activist - and Zimbabwe could be getting its own version in the form of businessman Chester Mhende.About two decades ago,...
By Staff reporter | Published: 21 June 2015
Eight short-term insurance companies reported losses in the full year to December 2014 as Zimbabwe's moribund economy continues to affect the country's insurance industry.A report by the Insurance and...
By Staff reporter | Published: 21 June 2015
Businessman Shingi Munyeza has clinched three more international restaurant franchises as he seeks to extend his dominance in the fast-food sector.The former African Sun Limited chief executive, who a...
By Staff reporter | Published: 21 June 2015
Zimbabwe must seriously venture into solar power generation for the country to address its electricity shortages and reduce load-shedding, economic experts say.This comes as the country is currently g...
By Staff reporter | Published: 21 June 2015
International brewing giant, SABMiller Plc, has expressed concern over the declining economic situation in Zimbabwe which saw net producer revenue (NPR) of its local unit - Delta Corporation - shrinki...
By Staff reporter | Published: 21 June 2015
Zimbabwe is now ready to re-join the London Bullion Market Association (LBMA) after producing more than 10 tonnes of gold annually in the past two years, Finance minister Patrick Chinamasa has said.Th...
By Staff reporter | Published: 21 June 2015
Zimbabwe has engaged four international diamond cutting and polishing firms as part of the country's strategies to add value to its natural resources.President Robert Mugabe told thousands of party su...
By Staff reporter | Published: 21 June 2015
Zimbabwe's largest platinum producer, Zimplats, is set to retrench 25 managers as part of the company's cost-containment measures in the face of declining international metal prices and a challenging ...
By Staff reporter | Published: 21 June 2015
Dual-listed financial services group NMB Zimbabwe Holdings (NMBZ) is set to secure $37 million in offshore credits earmarked for on-lending to industry and various sectors of the economy, a top compan...
By Staff reporter | Published: 21 June 2015
Beverages manufacturer Delta Corporation (Delta) has warned of lower profits for the full year to March 2015, citing "changes in the sales mix and the deliberate strategies to preserve volumes".Delta ...
By Staff reporter | Published: 21 June 2015
Zimbabwean mobile operators' revenues in 2014 tumbled by 18 percent to $907,3 million from $1,1 billion recorded prior year on the back of a weakening economy and lower disposable incomes.Statistics r...
By Staff reporter | Published: 21 June 2015
The Zimbabwe National Statistics Agency (Zimstat) says 30 100 workers lost their jobs in the mining and manufacturing sectors last year."There has been a decline in the number of people employed in th...
By Staff reporter | Published: 21 June 2015
Zimbabwe's platinum earnings slumped 11 percent to $495 million last year from $554 million realised in 2013 due to depressed global platinum prices, latest Chamber of Mines (CoM) figures reveal.The r...
By Staff reporter | Published: 21 June 2015
Tobacco farmers have so far earned $75 million from the sale of 28,4 million kilogrammes (kg) of the golden leaf since the opening of the 2015 selling season last month.Figures released by the Tobacco...
By Staff reporter | Published: 21 June 2015
A high level team from the European Investment Bank (EIB) is in Zimbabwe to assess the economic situation in the country, European Union (EU) Ambassador Philippe Van Damme has said.Van Damme told busi...
By Staff reporter | Published: 21 June 2015
Meikles Limited (Meikles) says it is proceeding with its $50 million lawsuit against the Zimbabwe Stock Exchange (ZSE) after talks of reconciliation between the two parties reached a deadlock.In an up...
By Staff reporter | Published: 21 June 2015
Benefit Washaya has been appointed as the substantive chief executive of listed financial services group NMB Zimbabwe Holdings.Washaya, whose appointment is effective from April 1, 2015, has been runn...
By Staff reporter | Published: 21 June 2015
Malawian Airlines plans to capitalise on the southern African region's thriving tourism sector by introducing a connecting flight between Lake Malawi and Victoria Falls.Civil Aviation Authority of Zim...
By Staff reporter | Published: 21 June 2015
Zimbabwe's gold production went up by nearly 20 percent from 926,79 kg in January 2014 to 1 111,62 kg in January this year, statistics from the Africa Development Bank (AfDB) shows.In its monthly econ...
By Staff reporter | Published: 21 June 2015
Zimbabwe's tobacco sales have declined by 27 percent to $60 million since the opening of the 2015 selling season last month compared to $81 million recorded in the same period last year due to lower p...
By Staff reporter | Published: 21 June 2015
Tetrad Investment Bank's future hangs in the balance as creditors and depositors meet for the last time today in the capital to decide the troubled financial institution's fate.At the last meeting hel...
By Staff reporter | Published: 21 June 2015
China continues to dominate the country's tobacco exports after the Asian country snapped up 19,4 million kilogrammes (kg) worth $167,6 million out of $218 million earned by Zimbabwe so far.Statistics...
By Staff reporter | Published: 21 June 2015
Collapsed Allied Financial Holdings (AFH) former chief executive Terence Mukupe has turned to politics and is eyeing the Harare East parliamentary seat under the Zanu PF ticket.Mukupe is expected to l...
By Staff reporter | Published: 21 June 2015
Premier African Minerals (Premier) says it remains on course to start its first tungsten production in Zimbabwe by June this year.George Roach, Premier chief executive, said the mining firm has starte...
By Staff reporter | Published: 21 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
