An America-based company Got Produce Incorporated (Got Produce) is hoping to "revolutionise" African agriculture with its hydroponic and technology-driven greenhouses, executives say.Backed by group f...
By Staff reporter | Published: 07 June 2015
Troubled AfrAsia Zimbabwe Holdings Limited (AZHL)'s banking and microfinance subsidiaries are contesting $16,4 million lawsuits from various clients.Among the aggrieved is Alphavic Management Consulta...
By Staff reporter | Published: 07 June 2015
Zimbabwe's largest platinum producer Zimplats reported a depressed performance in the last quarter ending December 2014, with the miner posting a $20,5 million operating loss due to the collapse of it...
By Business reporter | Published: 07 June 2015
Econet Wireless Zimbabwe, the country's largest cellular operator by subscribers, has revealed that it is expecting to report turnover of $752.7 million for the twelve months to February 2015, up 8% y...
By Staff reporter | Published: 18 February 2015
Kingdom Bank Africa Limited (KBAL) owned by prominent businessman Nigel Chanakira has been placed under curatorship in Botswana.The offshore outfit is said to be teetering on the brink of collapse acc...
By Staff reporter | Published: 18 February 2015
POWERSPEED Electrical Ltd's turnover for the four months to January is ahead on the same period last year while trading is in line with expectations although operating circumstances are difficult for ...
By the herald | Published: 18 February 2015
LOW-COST airline, Fly Africa, is set to introduce the Bulawayo-Johannesburg route next month as part of its expansion programme aimed at servicing more routes on the African continent.The airline is a...
By Business Reporter | Published: 18 February 2015
AN estimated 70 percent of the country's population prefers keeping its money under "pillows and mattresses despite the increase in financial inclusion mainly driven by mobile money platform, the FinS...
By Staff reporter | Published: 18 February 2015
RioZim Limited says it expects to report a bigger loss for the full year to December due to lower tonnage at its Renco Mine combined with the low gold prices in the fourth quarter of last year.In a st...
By Staff reporter | Published: 17 February 2015
Zimbabwe's tobacco exports for the period 1 January to 13 February 2015 reached $193,8 million up from only $36,4 million recorded during the same time last year.According to figures from the Tobacco ...
By Staff reporter | Published: 17 February 2015
Lending rates at commercial banks for individuals and corporate clients declined from 14.16 percent to 14.08 percent and 9.66 percent to 9.47 percent respectively.Weighted lending rates at merchant ba...
By Rumbidzayi Zinyuke | Published: 17 February 2015
Econet Wireless says it will focus on developing value added services (VAS) in 2015 to capitalise on the network infrastructure it has invested in over the years. CEO Douglas Mboweni said the company,...
By Staff reporter | Published: 17 February 2015
Bindura Nickel Corporation released a subdued set of numbers for their Q3 trading update, as nickel concentrate production declined by 30% from 1,989 tonnes in Q2 to 1,383 tonnes. This was on the bac...
By Staff reporter | Published: 17 February 2015
The Bankers Association of Zimbabwe has adopted a new code of banking practice which all members of the association will be obligated to comply with in a move aimed at fostering customer confidence in...
By herald | Published: 17 February 2015
Delta Beverages has moved to address its cost inefficiencies by relocating the PET plant with new additions to the main factory at Graniteside. The move will result in a 31 percent reduction in manufa...
By Business reporter | Published: 17 February 2015
Bata Shoe Company employees yesterday left the Supreme Court on cloud nine after their employer's appeal against an order to award a wage increase was thrown out by the judges of appeal. The court, co...
By newsday | Published: 17 February 2015
TOP banker, Elisha Nyikadzino Mushayakarara has died.He was born on 8 April 1943. A BSc (Econ) graduate from (London) University College of Rhodesia & Nyasaland. Mushayakarara left his post...
By Staff reporter | Published: 16 February 2015
Zimbabwe's third largest telecommunications company, Telecel, is "technically insolvent" and needs about $300 million to stay afloat, businessdaily has learnt.This is at least according to information...
By Staff reporter | Published: 16 February 2015
Air Zimbabwe (AirZim) has commercialised its technical and engineering services as part of measures to broaden revenue streams.The airline, which advertised the services recently, is targeting the tra...
By Staff reporter | Published: 16 February 2015
Aquarius Platinum Limited (Aquarius) - a 50 percent shareholder in Zimbabwe's second-largest platinum producer, Mimosa Mining Company (Mimosa) - says it has engaged government over the recently-impose...
By Staff reporter | Published: 16 February 2015
The government has lifted a ban on five out of 11 gold mines after complying with stipulated regulations.Information obtained from the Ministry of Mines and Mining Development shows that the lifting o...
By Staff reporter | Published: 16 February 2015
Beverage manufacturer Delta Corporation says it did not increase production of sorghum this year since it does not anticipate a substantial rise in beer sales mainly due to the economic challenges the...
By New Ziana | Published: 16 February 2015
The Tobacco Industry and Marketing Board (TIMB) says the 2015 marketing season will begin on March 4 this year at auction floors, while contract sales commence the following day.The tobacco marketing ...
By Staff reporter | Published: 16 February 2015
Mwana Africa's Freda Rebecca recorded a 14 percent decline in production for the third quarter ending December 2014 as the average feed grade fell 16 percent below the second quarter.Although tonnes m...
By Staff reporter | Published: 16 February 2015
Zimbabwe's first ever microfinance bank (MFB) will soon open its doors to the public after it was licensed to operate by the Reserve Bank mid-last month, an official has said.The microfinance bank, na...
By New Ziana | Published: 16 February 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
