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
Mining giant, Zimplats says its production capacity has been reduced by an estimated 9,5 percent due to the Bimha Mine fall-out incident.The mining company has begun to implement contingency plans fol...
By Staff reporter | Published: 30 July 2014
ZESA Holdings Chief Executive Engineer Josh Chifamba's contract has been renewed for another four years in line with government's corporate governance and remuneration policy framework for chief exec...
By Staff reporter | Published: 30 July 2014
Econet's Mobile Money service, EcoCash, today announced a landmark agreement with MasterCard that will significantly assist in reducing cash dependence and increase financial inclusion through the pro...
By Staff reporter | Published: 30 July 2014
Econet Wireless Chief Executive Officer Douglas Mboweni has predicted that Zimbabwe will be the most "cashless" country in Africa by the end of this year.Speaking at the launch of the company's latest...
By Staff reporter | Published: 30 July 2014
KLM Royal Dutch Airlines has announced plans to stop operating the Amsterdam to Lusaka and Harare route with effect from October this year.KLM Royal Dutch Airlines began operating the Lusaka route on ...
By Staff reporter | Published: 30 July 2014
SCHNEIDER Electric, a French based energy company has signed an exclusive agreement with Samansco, a local renewable energy firm to distribute its solar powered portable LED bulbs. The signing ceremon...
By Staff reporter | Published: 30 July 2014
Hospitality concern, Hotels and Leisure Africa (HALA) said yesterday it will invest a combined $18,5 million in its operations this year until the end of 2015 as it seeks to extend its tentacles on th...
By New Ziana. | Published: 30 July 2014
London Stock Exchange listed mining giant Mwana Africa PLC says it will continue operating in Zimbabwe despite unfriendly operating environment for businesses."The single biggest challenge to operate ...
By Ventures Africa | Published: 29 July 2014
The government has secured a $100 million credit facility from a Chinese company to support small scale miners, Mines and Mining Development minister Walter Chidhakwa said last week.In a speech read o...
By Staff reporter | Published: 29 July 2014
OK Zimbabwe net sales for the quarter ending June 30 2014 declined by 3,5% attributed to declining consumption and falling product prices.In a statement by OK Zimbabwe last week, OK Zimbabwe chief exe...
By Staff reporter | Published: 29 July 2014
THE Zimbabwe Energy Regulatory Authority (Zera) has adopted a new tariff determination methodology aimed at attracting new investors into the country's struggling power generation industry.Zimbabwe is...
By Staff reporter | Published: 29 July 2014
LOSSES of retail household furniture and appliance concern Pelhams Limited widened to $3,3 million for the year ended March 31 2014 due to a sales decline, attributed to liquidity constraints.In the s...
By Staff reporter | Published: 29 July 2014
INNSCOR'S fast foods division will in the next 12 months spend more than $1,5 million on expanding its operations in the southern region, a development expected to boost employment levels.The division...
By Oliver Kazunga | Published: 29 July 2014
RM Insurance is set to be rebranded to Old Mutual Zimbabwe as part of a strategy to align its subsidiaries to the main Old Mutual brand, The Herald Business reported.Old Mutual group's short term insu...
By Staff reporter | Published: 29 July 2014
The High Court has ordered Telecel Zimbabwe to handover copies of resolutions passed by its board and minutes of all meetings held since March 2010 to its suspended acting chairperson Dr Jane Mutasa.D...
By Staff reporter | Published: 29 July 2014
Arbitrators in the salary dispute between the soft drink manufacturing employees union and manufacturing employers association have awarded a 10 percent wage increase to workers.However, the employers...
By Staff reporter | Published: 29 July 2014
The strong US dollar adopted in 2009 and the depreciation of the South African rand in recent years has made local products 25 percent more expensive and less competitive compared to imported goods, t...
By Golden Sibanda | Published: 29 July 2014
British American Tobacco Zimbabwe has declared a $0,30 per share interim dividend for the six months to June.The interim dividend includes $0,04 to be paid from historical earnings.The dividend comes ...
By Conrad Mwanawashe | Published: 29 July 2014
PPC Zimbabwe has secured about $18 million for the construction of a new cement plant in Harare. The cement company says construction of the new plant is the "main priority" at the moment."Preliminary...
By Tinashe Makichi | Published: 29 July 2014
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
