CONSTRUCTION concern Masimba Holdings turnover in the five months to May slipped 25% following a weak performance from the construction division whose turnover is down 33%. Addressing an Annual Gener...
By Staff reporter | Published: 26 June 2014
Tyre retailer National Tyre Services (NTS) has reported a subdued set of results for the year ended March 31, 2014 as revenues declined 11 percent from $17,5 million in 2012 to $15,7 million in the y...
By Staff reporter | Published: 26 June 2014
FBC Holdings has adjusted its plans to meet the Reserve Bank of Zimbabwe's $100 million capitalisation requirements and will no longer merge FBC Bank and FBC Building Society.Chief executive John Mus...
By Staff reporter | Published: 26 June 2014
ZIMBABWE is expecting more airlines to fly into the country following the successful hosting of the 9th edition Routes Africa Forum which ended on Tuesday.The forum was attended by over 350 delegates...
By The Herald. | Published: 26 June 2014
Zimbabwe Revenue Authority (Zimra) is proposing to lower import duty on finished clothes to reduce smuggling and increase tax collection.Gershom Pasi, the Zimra Commissioner General, this week told th...
By Staff reporter | Published: 25 June 2014
TEXTILE companies imported clothes worth about $2 million in the first quarter of this year rendering their textile factories redundant and making government's efforts to protect the manufacturing sec...
By Conrad Mwanawashe | Published: 25 June 2014
TOURISM and Hospitality Minister Engineer Walter Mzembi has castigated Air Zimbabwe for charging exorbitant fares which discourage growth of the airline as well as domestic tourism.Addressing a Press ...
By Patrick Chitumba | Published: 25 June 2014
TOURISM and Hospitality Industry Minister Engineer Walter Mzembi has said the tourism sector will in the next six years contribute double digit earnings to the country's economy.Addressing more than 3...
By Staff reporter | Published: 25 June 2014
ECONET Wireless has entered a partnership with multinational mobile phone manufacturer Apple and is now an exclusive provider of its products in Zimbabwe.The company has other partnerships with Huawei...
By Staff reporter | Published: 24 June 2014
Mobile phone company, NetOne is close to securing a $218 million loan from China, which will be used to finance its migration from 3G broadband to 4G, an official said on Tuesday.NetOne chief executiv...
By New Ziana | Published: 24 June 2014
THE country's biggest shoe manufacturer, Bata Shoe Company, is pushing for Government to ban the exportation ofraw hides which the Gweru-based company said was starving tanners of their basic raw mate...
By Staff reporter | Published: 24 June 2014
Econet Wireless is working expanding its 3G and 4G services to pave way for the introduction of an entirely Internet Protocol (IP) network which will enable the transmission of information between dev...
By Staff reporter | Published: 24 June 2014
State-owned mobile services provider, NetOne, is targeting to increase its subscriber base to three million people by the end of this year, an official said on Monday. NetOne has been lagging behind i...
By NewZiana. | Published: 24 June 2014
Africa's low-cost airline, Fastjet, will begin operating services between Tanzania and Zimbabwe in August as it expands its international route network across Africa. The airline will launch a twice w...
By News24. | Published: 24 June 2014
Retailer, TM Supermarket lost its bid to retain the Avondale branch premises, which it operated from for more than four decades after the Supreme Court threw out its appeal in a dispute with the landl...
By Staff reporter | Published: 24 June 2014
DAIRIBORD Zimbabwe targets to capture 25 percent of the traditional beverages market share by December spurred on by its new traditional Pfuko/Udiwo maheu product, a senior official has said. DZPL man...
By Staff reporter | Published: 24 June 2014
Zimbabwe biggest lithium miner, Bikita Minerals is set to invest into exploration activities for tantalite in order to grow its portfolio, taking advantage of the firming international prices currentl...
By Staff reporter | Published: 24 June 2014
ZIMBABWE Power Company has proposed to give Sino Hydro a contract to expand Hwange Thermal Power Station after the winning bidder China Machinery Engineering Company failed to demonstrate financial ca...
By Staff reporter | Published: 24 June 2014
INDIAN Airlines may start flights to Zimbabwe following the signing of an air service agreement between Government and India in Harare yesterday.The agreement will also allow airlines, including...
By Staff reporter | Published: 24 June 2014
The steady tick up of the share price of Mwana Africa over the last six months mirrors a stream of steady positive news flow reported by the company this year.The firm, which operates the Freda Rebecc...
By Proactive Investor. | Published: 24 June 2014
Listed financial institution ABC Holdings is set to benefit from the second fundraising done by soon-to-be major shareholders Atlas Mara. The Atlas Mara group is said to have raised in excess of $300 ...
By Staff reporter | Published: 24 June 2014
Premier African Minerals, an AIM-listed natural resource company, fell 18 percent after admitting the metallurgical study on the RHA tungsten project in Zimbabwe needs to be repeated.At 60 percent, th...
By Staff reporter | Published: 24 June 2014
Three more insurance companies - Old Mutual, Zimnat and Nyaradzo - have signed agreements with Telecel Zimbabwe for the payment of insurance premiums using telecash, Telecel's mobile electronic ...
By Staff reporter | Published: 24 June 2014
ZIMSWITCH is at an advanced stage of linking local banks to their regional counterparts in a move that will facilitate the flow of cross-border transactions between Zimbabwe and other countries in the...
By Staff reporter | Published: 24 June 2014
Zimre Property Investments recorded a 22 percent decline in income in the five months to May this year following negative growth in rent income and property sales.The real estate investment company sa...
By Staff reporter | Published: 24 June 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
