MOBILE network operator Telecel Zimbabwe has embarked on a fibre deployment project which will see the company laying its own optical fibre cable to avail more high capacity data provisioning for the ...
By Staff reporter | Published: 04 July 2014
Up to five Zimbabwean banks are "ill", but this will not have an impact on the overall sector due to their small size, Finance minister Patrick Chinamasa said yesterday, without naming the stressed l...
By Staff reporter | Published: 04 July 2014
The Reserve Bank of Zimbabwe (RBZ) says it has registered 153 micro-finance institutions since January this year after being satisfied with their capitalisation levels.In a report for micro-finance in...
By Staff reporter | Published: 04 July 2014
SLICE Pizzeria, a new food outlet in Bulawayo, has introduced a new brand of pizza baked in fire ovens to fill a niche of the market share.The proprietors of the food outlet, Xolani Dube and his wife ...
By Staff reporter | Published: 04 July 2014
CABS has suspended disbursement of monies to the Youth Fund due to the high rate of default on re-payments.CABS managing director Kevin Terry told a Parliamentary Portfolio Committee on Youth, Indigen...
By Staff reporter | Published: 04 July 2014
MEIKLES Limited, a leading retail and hotel group, is in the process of acquiring a 51% shareholding in a group of gold mines in the Matabeleland area valued at $3 million, an official has said.Accord...
By Staff reporter | Published: 03 July 2014
THE average ratio of non-performing loans (NPL) to total advances rose marginally in three months to March as the weak economy militated against borrower's ability to repay.However in spite of this, b...
By Staff reporter | Published: 03 July 2014
THE Insurance and Pensions Commission (IPEC) has revealed that only 12 of the 25 licensed insurance companies have complied with the minimum capital requirement of $1,5 million by the end of last mont...
By Walter Muchinguri | Published: 03 July 2014
THE High Court has ordered Altifin Insurance to pay the Cotton Company of Zimbabwe about $117 000 plus interest which arose from an insurance claim raised by the cotton producer.High Court Judge Justi...
By Staff reporter | Published: 03 July 2014
The Reserve Bank of Zimbabwe (RBZ) says mobile banking is an important driver of transactions in the financial sector as it caters for millions of people who do not have accounts.RBZ Governor, Dr John...
By Staff reporter | Published: 03 July 2014
Telecel Zimbabwe's mobile money transfer system, Telecash, has handled $15 million since its inception early this year as the company seeks to increase its visibility in the mobile money space.The loc...
By Staff reporter | Published: 03 July 2014
The strict regulations imposed by the World Health Organisation (WHO) against the tobacco industry have caused an outcry for fairness and consideration by the international tobacco community.A meeting...
By Staff reporter | Published: 03 July 2014
ZB Financial Holdings says it is looking for looking for "third party" investors for its banking arm in a bid to meet the Reserve Bank of Zimbabwe's comprehensive re-capitalisation requirements.All co...
By Staff reporter | Published: 03 July 2014
AIM-listed multi-commodity resource development company African Consolidated Resources (ACR) has extended the date for payment of the outstanding consideration of $7,5 million for the purchase of Falc...
By Staff reporter | Published: 03 July 2014
Telecel Zimbabwe says mobile phone companies are being prejudiced of potential business and revenue by the high prevalence of traffic refilling.General manager Angeline Vere on Monday appealed to gove...
By Staff reporter | Published: 02 July 2014
A senior government official has complained over the way banks are handling depositors monies particularly bank charges, which he said were high and not justified.Addressing delegates at the launch of...
By Staff reporter | Published: 02 July 2014
Four-year-old Makomo Resources in 2013 overtook Hwange Colliery Company Limited (HCCL) to become the biggest coal miner in the country, latest data from the Chamber of Mines shows.Owned 60 percent by ...
By New Ziana | Published: 02 July 2014
Mobile network operator, Telecel says it has begun a fibre deployment project which will see the company laying its own optical fibre cable to avail more high capacity data provisioning for the networ...
By Francis Chimanda | Published: 02 July 2014
TROUBLED Bulawayo firm Marvo Stationery Manufacturers has paid its workers $10 each after going for 18 months without salaries, it emerged yesterday.The disgruntled workers told Southern Eye Business,...
By Staff reporter | Published: 02 July 2014
Mine minister Walter Chidhakwa yesterday retained faith in Farai Mtamangira's Hwange Colliery Company Limited (HCCL) board amid expectations that the second largest shareholder Nicolas Van Hoogstraten...
By Staff reporter | Published: 02 July 2014
MOST foreign-owned firms and weak cash movement laws in Zimbabwe could be blamed for the tight liquidity conditions prevailing in the economy, analysts have said.Analysts said Zimbabwe was now like a ...
By Staff reporter | Published: 02 July 2014
THE Agricultural Marketing Authority (AMA) has issued $55 million bills to raise money to fund the purchase of about 250,000 metric tonnes of grain from the 2013/14 season.The authority was establishe...
By Oliver Kazunga | Published: 02 July 2014
TOTAL banking deposits have marginally improved to $4,82 billion as of March 31, 2014 from $4,73 billion last year, the Reserve Bank of Zimbabwe has said.In a report for the quarter ending March 31, 2...
By Oliver Kazunga | Published: 02 July 2014
Zimre Holdings Limited is forecasting a turnover of about $150 million by the end of this year as the company targets increased earnings from the disposal of non-core and non-performing local and exte...
By Tinashe Makichi | Published: 02 July 2014
ZSE listed diversified group, Meikles Limited posted an after tax profit of $37,1 million for the full year to March 2014 from $6,5 million the prior year largely due to a huge jump in non-trading inc...
By Staff reporter | Published: 02 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
