Power utility company Zesa Holdings is owed over $400 million with the major chunk of the debt held by domestic consumers who received a blanket amnesty just before the harmonised polls last year, par...
By Staff reporter | Published: 15 July 2014
Emirates Airlines has increased its economy class checked baggage allowance by a third, bringing it into line with the business class offering.The generous 40kg economy class baggage allowance, increa...
By Staff reporter | Published: 15 July 2014
Bindura Nickel Corporation (BNC) Limited says it requires about $26 million to restart its smelter project, expected to improve payability and profits.Speaking at an analyst briefing on Monday, BNC fi...
By Staff reporter | Published: 15 July 2014
Zesa Holdings will for the next 10 months be exporting power to Namibia as part of settling the $40m debt acquired from NamPower in 2009.Zesa Holdings chief executive Josh Chifamba told the parliament...
By Staff reporter | Published: 15 July 2014
CAR Manufacturer General Motors South Africa has identified Zimbabwe as one of its key growth markets in Africa as it targets increasing new vehicle sales on the continent.GMSA vice president for oper...
By Arnold Mutemi | Published: 15 July 2014
The planned resumption of the Harare-Kariba-Victoria falls flight by Air Zimbabwe is a positive development towards the enhancement of business and internal distribution of tourists, an official has s...
By Charity Ruzvidzo | Published: 15 July 2014
BINDURA Nickel Corporation's long road to recovery, which included five difficult years under care and maintenance, culminated in a strong return to profitability, thanks in part to the firming intern...
By Staff reporter | Published: 15 July 2014
LOW-COST airline Fly Africa, which begins plying the Victoria Falls-Johannesburg route tomorrow, is eyeing local routes as well, officials have said.The airline is a partnership between the Professor ...
By Leonard Ncube | Published: 15 July 2014
Zimbabwe will from September 27 to October 2, 2014, host the Insurance Congress of Developing Countries, in Victoria Falls at the Elephant Hills Resort.The congress which is being held under the theme...
By Staff reporter | Published: 15 July 2014
Cimas Medical Aid Society is currently sending out every week about 9 000 new colour coded membership cards with photographs that are designed to reduce the number of fraudulent claims.The society est...
By Staff reporter | Published: 15 July 2014
Gwanda-based gold miner Duration Gold will introduce strict cost cutting measures to improve efficiencies to counter the fluctuation of gold prices on the international market.The move comes after the...
By Tinashe Makichi | Published: 15 July 2014
ABOUT 40 investors have submitted bids to undertake a wider range of business activities at the Agricultural and Rural Development Authority through Public Private Partnerships.Business plans were rec...
By Staff reporter | Published: 15 July 2014
ECONOMIC commentators say the performance of the banking sector in the first quarter was satisfactory given the prevailing challenges the country is facing.The Reserve Bank of Zimbabwe, in its banking...
By Staff reporter | Published: 15 July 2014
The Zimbabwean Government is set to sign a memorandum of understanding (MoU) with the United States to promote tourism between the two countries, an official has said.Addressing journalists at his off...
By Staff reporter | Published: 10 July 2014
The fate of Motec Holdings subsidiary, Deven Engineering, hangs in the balance as the group awaits confirmation of funds from the shortlisted bidders.The Industrial Development Corporation (IDC) annou...
By Staff reporter | Published: 10 July 2014
Bindura's Trojan Mine has resumed full production generating revenue of $65 million despite depressed global prices of nickel.Trojan re-entered the ranks of nickel producers with significant productio...
By Staff reporter | Published: 10 July 2014
Cimas Medical Aid Society is currently sending out every week about 9 000 new colour coded membership cards with photographs that are designed to reduce the number of fraudulent claims.The society est...
By Staff reporter | Published: 10 July 2014
ECONET subscribers in Bulawayo and some parts of the southern region were left stranded after they failed to access internet services following a fault in the company's signal links.The internet servi...
By Staff reporter | Published: 10 July 2014
Emirates, which flies daily from Harare to Dubai via Lusaka, has increased its Economy Class checked baggage allowance by a third, bringing it into line with the Business Class offering.The generous 4...
By Staff reporter | Published: 10 July 2014
Zimbabwe's banking sector has witnessed a 2,5 percent and 3,6 percent decline in net capital and core capital levels, respectively as at the end of the first quarter, the Reserve Bank of Zimbabwe has ...
By Staff reporter | Published: 10 July 2014
MOBILE telecommunications company Telecel says it is increasingly focusing on data services as a business strategy in line with current trends in the market.The advent and rapid market adoption of non...
By Staff reporter | Published: 10 July 2014
Freda Rebecca's gold output declined by 10 percent to 58,704 ounces in the year to March weighed down by lower head grade and mechanical faults on the milling plant. Mill head grade of 2,10g per tonne...
By Golden Sibanda | Published: 10 July 2014
FBC Holdings will soon start drawing down on the last tranche of $20 million out of the $60 million facility secured from Afreximbank after signing off papers for the release of the funds. Group chief...
By Golden Sibanda | Published: 10 July 2014
ZIMBABWE'S textile industry needs at least $200 million in the short to medium term to recapitalise, according to a latest study on the country's cotton and clothing industry. About $50 million is req...
By Martin Kadzere | Published: 10 July 2014
Over 373000 kgs of tobacco valued at over $1,1 million has been sold under the contract system since the end of the 2014 flue-cured tobacco selling season last month.The Tobacco Industry and Marketing...
By Staff reporter | Published: 09 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
