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
The government controlled Herald, reported that attempts by Western countries to discourage trade in Zimbabwean diamonds at the Kimberly Process Certification Scheme Intercessional Plenary which start...
By Staff reporter | Published: 22 June 2015
Minister of Finance Patrick Chinamasa told junior parliamentarians that the government was implementing measures to increase gold production in the country. Chinamasa noted that government had recentl...
By Staff reporter | Published: 22 June 2015
Meikles Mega Market wholesale and retail chain has opened its sixth branch as it expands its footprint across the country. The sixth branch, in Gweru, was opened last week and is the second-largest in...
By Staff reporter | Published: 22 June 2015
Zimbabwe tobacco farmers have so far auctioned 164 million kg of the crop worth $484 million since the opening of the 2015 selling season in March.Statistics released by the Tobacco Industry and...
By Staff reporter | Published: 22 June 2015
The Zimbabwe National Roads Administration (Zinara) has launched a prepaid tolling card for the motoring public's "convenience and especially those in the logistics sector to have total control, and o...
By Staff reporter | Published: 22 June 2015
The Zimbabwe Association of Dairy Farmers (ZADF) says 85 percent of milk consumed by citizens is imported, a situation that has forced government to come up with a policy to stop milk imports in three...
By Staff reporter | Published: 22 June 2015
Angeline Vere has been appointed as Telecel Zimbabwe (Telecel)'s new chief executive with effect from June 1, 2015.The trained lawyer, who has been the company's general manager for years, takes over ...
By Staff reporter | Published: 22 June 2015
Atlas Mara Co-Nvest Limited (Atlas Mara) on Wednesday disposed its 10,1 percent stake in Zimbabwe-focused private equity and advisory firm Brainworks Capital Management Limited (Brainworks) valued at ...
By Staff reporter | Published: 22 June 2015
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya insists that troubled banks have up to end-June to put their act together before authorities can move in to restore investor confidence.The Centra...
By Staff reporter | Published: 22 June 2015
Zimbabwe Stock Exchange-listed agriculture concern, SeedCo Limited (SeedCo), registered a 27 percent increase in profits to $15 million in the full year to March 2015 from $11 million in the prior per...
By Staff reporter | Published: 22 June 2015
Mwana Africa Plc (Mwana) founder and chief executive Kalaa Mpinga has resigned with immediate effect after the recent boardroom changes at the Zimbabwe-based nickel and gold miner.Yat Hoi Ning, the ne...
By Staff reporter | Published: 22 June 2015
Zimbabwe Asset Management Company (Zamco) - a government's special purpose vehicle to house non-performing loans (NPLs) - is finalising modalities to clean up local banks' balance sheets, a central ba...
By Staff reporter | Published: 22 June 2015
Zimbabwe miners and other economic stakeholders have hailed government's move to immediately lift a ban on the export of the mineral as it will enable them to raise funds to increase smelting capacity...
By Staff reporter | Published: 22 June 2015
Coca-Cola has launched a new fruit flavoured light malt non-alcoholic beverage, Schweppes Novida, which is available in two flavours - pineapple and mandarin in a sleek 400 ml PET bottle.Takunda Jinda...
By Staff reporter | Published: 22 June 2015
Zimbabwe's largest beverages maker, Delta Corporation (Delta), will on Wednesday this week reward its shareholders with a final dividend of $28,4 million.This will bring the total dividend for the yea...
By Staff reporter | Published: 22 June 2015
AIM-listed Africa-focused resources group, Mwana Africa Plc (Mwana), has appointed Yat Hoi Ning as its interim chairman.Ning, who takes over from Stuart Morris who retired last week Friday, will - wit...
By Staff reporter | Published: 22 June 2015
Zimbabwe's financial services now prefer lending to individuals in favour of risky corporate borrowers, the African Development Bank (AfDB) has said.In its March 2015 Monthly Report on Zimbabwe, the r...
By Staff reporter | Published: 22 June 2015
Zimbabwe's total gold deliveries surged by nearly 50 percent to 1 546,16 kilogrammes (kg) in March 2015, from 1 040,49 kg recorded in March 2014, figures from the African Development Bank (AfDB) revea...
By Staff reporter | Published: 22 June 2015
Listed hospitality concern African Sun Limited (ASL) recorded a profit of $850 519 in the six months to March 2015, compared to a loss of $1,4 million in the prior period, due to increased foreign tou...
By Staff reporter | Published: 22 June 2015
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
