American fast food chain Kentucky Fried Chicken (KFC) has reopened in Zimbabwe after a nearly seven-year closure.The retailer - planning to open about 25 outlets in Zimbabwe - finally unveiled its fir...
By Business Live | Published: 22 July 2014
GOLD deliveries to Fidelity Printers and Refiners, the country's sole buyer of the precious metal, hit nearly six tonnes in the six months to June this year, official statistics show.Gold producers de...
By Martin Kadzere | Published: 22 July 2014
Banks have agreed on a debt to equity swap with foods and beverage processor Cairns Holdings investor Vasari Global in what will significantly cut its net shareholding when the deal is finalised.Sourc...
By Golden Sibanda | Published: 22 July 2014
TEXTILE giant National Blankets Limited requires $3,5 million working capital to bring back production to competitive levels, an official has said. The firm, which was placed under judicial management...
By Oliver Kazunga | Published: 21 July 2014
Barclays Zimbabwe has launched a campaign to send money for free to recipients in Zimbabwe through the ATM. The "Cashsend Craze Campaign" that will run until September 30, 2014 is aimed at providing c...
By Staff reporter | Published: 21 July 2014
OLD Mutual is setting up infrastructure and agriculture funds to support fiscal activity as the group sees economic rebound in the country, an official has said.Group chief executive officer Mr Jonas ...
By Conrad Mwanawashe | Published: 21 July 2014
Jersey-registered and London-listed Masawara is set to extend its control of Zimbabwe's largest holding company, TA Holdings by buying out minority shareholders in the group. Masawara - an investment ...
By Staff reporter | Published: 21 July 2014
Coca-Cola's assistant brand manager Vee Sibanda says at least 1,300 Zimbabwean female entrepreneurs have been empowered under its 5by20 empowerment programme. The programme seeks to address the most c...
By Charity Ruzvidzo | Published: 21 July 2014
MAKOMO Resources Limited has started commissioning its coal washing machine, with production expected to rise three-fold, a senior company official said last week.The coal washing plant is a facility ...
By Martin Kadzere | Published: 21 July 2014
The wage dispute between the soft drink manufacturing employees union and manufacturing employers association has reached a deadlock on the issue of wage increase forcing the two parties to approach t...
By Tinashe Makichi | Published: 21 July 2014
Meikles Limited retail arm, TM Supermarkets has launched a promotion worth over $1 million as the supermarket chain seeks to grow revenues and position in the retail sector. The promotion dubbed, TM a...
By Business Reporter | Published: 21 July 2014
Mobile network provider, NetOne says the ZESA pre-paid electricity vending platform through its mobile money service One wallet has potential to grow the subscriber base and push volumes. In an ...
By Nelson Gahadza | Published: 21 July 2014
Makomo Resources (Pvt) Ltd, Zimbabwe's largest coal producer by output, said it plans to spend $1,5 billion on a 600-megawatt power plant and will also start exporting coal to steelmakers in southern ...
By Bloomberg. | Published: 21 July 2014
MEIKLES workers say they are being sidelined in the Employee Share Ownership Trust but the company says the workers will this year take over the scheme following the lapse of the two-year period for t...
By Staff reporter | Published: 21 July 2014
ONE of the country's biggest retail chain groups, TM Supermarket, is set to close its Gweru Branch supermarket and reopen at another site under the Pick n Pay brand in the city.Pick n Pay, a South Afr...
By Lovemore Zigara and Timothy Makhohliso | Published: 21 July 2014
Econet grew its subscribers by 4,1 percent in the first quarter of the calendar year to just over 9 million taking its market share to 65,3 percent.However, industry wide, mobile operators' revenue in...
By Business Reporter | Published: 21 July 2014
NetOne has reinvented the old "callbox". This is a public telephone system that used to be operated by the then Post and Telecommunications Corporation, through the introduction of their own network b...
By TechnoMag | Published: 21 July 2014
Telecel Zimbabwe has become the first mobile phone operator to issue debit cards for its Telecash subscribers after it introduced a debit card which can be used to pay for goods or for withdrawals.The...
By Business Reporter | Published: 21 July 2014
UNITED Refineries Ltd, a Bulawayo-based agro processor is set to raise cooking oil output due to improved availability of cotton seed while it intends to resume stock feed production.Managing director...
By Staff reporter | Published: 21 July 2014
TEXTILE firm David Whitehead will resume operations in the next two months after the completion of maintenance work and the procurement of working capital support, the company's judicial manager Knowl...
By Martin Kadzere | Published: 21 July 2014
FIRST Mutual Life's new franchise business is expected to contribute about 13 percent of budgeted new business to the company's premium income across all lines, an official has said.Launching the inau...
By Business Reporter | Published: 21 July 2014
MINISTER of Industry and Commerce, Honourable Mike C Bimha, officially launched the Turnall Ravenna Concrete Tiles and Pavers at an event held at the group's premises in Southerton, Harare last month....
By Staff reporter | Published: 21 July 2014
CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine, rose in the quarter to June but the group has revised downwards the projected output for 2014.Production at Blank...
By Business Reporter | Published: 21 July 2014
Telecel Zimbabwe (Private) Limited management has denied claims that its suspended chairperson Jane Mutasa is still a shareholder.This follows a court application by the businesswoman demanding compan...
By Staff reporter | Published: 15 July 2014
The Zimbabwe Mining Development Corporation (ZMDC) is considering undertaking feasibility studies to ascertain the viability of open cast oxide ore mining at its Zvishavane-based Sabi Gold Mine at an ...
By Staff reporter | Published: 15 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
