RAINBOW Tourism Group local operations' revenue for the four months to April increased to $8,2 million helping the hospitality company record a 7 percent jump to $8,7 million over the same period last...
By Conrad Mwanawashe | Published: 14 June 2014
ECONET Wireless, in partnership with international money transfer service, WorldRemit, has launched a service which enables customers to receive money from outside the country directly on mobile phone...
By Staff reporter | Published: 14 June 2014
British American Tobacco Plc plans to invest more capital towards its Zimbabwean business despite earlier reports that the company is planning to divest its business operations, a company official has...
By Tinashe Makichi | Published: 14 June 2014
SCHWEPPES Zimbabwe has acquired 100 percent stake of Beitbridge Juicing Co in a vertical integration move that will see the beverage company strengthening its supply chain by taking control of a key r...
By Martin Kadzere | Published: 14 June 2014
OK Zimbabwe last week reported March results which showed declining profitability and flat revenue growth. Chief executive Mr Willard Zireva recognised the factors affecting the operating environment....
By Staff reporter | Published: 14 June 2014
The Ministry of Mines and Mining Development will host the second Zimbabwe Diamond Conference later this year with Minister Walter Chidhakwa expected to officiate at the event.The conference will be h...
By Staff reporter | Published: 14 June 2014
Blue Ribbon Foods resumed operations on the maize line last week after securing a supply agreement for raw materials with a Mutare-based company. A source familiar with the development said operations...
By Staff reporter | Published: 14 June 2014
FERROCHROME producer, Zimbabwe Alloys has shortlisted four investors, among them AfroChine Smelting to acquire the majority stake in the company, a source has said.An audit and advisory firm, Grant Th...
By Staff reporter | Published: 14 June 2014
Youth, Indigenisation and Empowerment Minister Francis Nhema is satisfied with results of the Indigenisation and Economic Empowerment Act since its inception saying investors are now warming up to the...
By Staff reporter | Published: 14 June 2014
Qatar Airways will soon introduce flights to Harare, initially flying into Zimbabwe three times a week, the new envoy from the oil rich country said last Thursday. Qatar's new ambassador to Zimbabwe, ...
By New Ziana. | Published: 14 June 2014
Virginia tobacco deliveries have surpassed the 185 million kilogrammes target set for this year with indications that the figure could reach 200 million kg before the marketing season ends.Tobacco Ind...
By Staff reporter | Published: 14 June 2014
OK Zimbabwe intends to refurbish six stores across the country this year at a cost of $6 million, a senior official has said.The group will spend an additional $2 million on the establishment of baker...
By Tinashe Makichi | Published: 14 June 2014
Qatar Airways will soon introduce flights to Harare, initially flying into Zimbabwe three times a week, the new envoy from the oil rich country said on Thursday.Qatar's new ambassador to Zimbabwe Sale...
By New Ziana | Published: 06 June 2014
The National Social Security Authority has been given the green light to attach Tetrad Bank property to recover nearly $5 million owed to it by the embattled bank.The bank, which is reeling under a se...
By Herald | Published: 06 June 2014
Zimbabwe has so far sold tobacco worth $582,8 million as the 2014 selling season target of 180 million kilogrammes has been exceeded.Latest figures from the Tobacco Marketing Industry Board (TIMB) sho...
By Staff reporter | Published: 06 June 2014
Listed sugar manufacturer Star Africa appears to be struggling to dispose of its investments in Tongaat Hulett Botswana and BlueStar Logistics.In its latest update on the matter, the company said: "Ea...
By Staff reporter | Published: 06 June 2014
Giant retailer OK Zimbabwe yesterday reported a decline in profitability for FY2014 as overheads increased and deflationary pressures weighed heavy.Profit for the year ended March 31, 2014 amounted to...
By Staff reporter | Published: 06 June 2014
Lafarge's volumes for the first four months of the year went down about 13% compared with the same period last year although 2% higher than the last quarter of 2013, MD Amal Tantawi told the AGM today...
By zfn | Published: 06 June 2014
OK Zimbabwe is looking at operating their own bakeries as they vie for better margins after recording 0.8% revenue growth and 0.2% gross margins decline for the year ended 31 March 2014, group CEO Wil...
By Staff reporter | Published: 06 June 2014
THE Reserve Bank of Zimbabwe has cancelled the banking licence of Capital Bank after the latter voluntarily surrendered it. This follows unwillingness on the part of the bank's majority shareholder, N...
By Mernat Mafirakurewa | Published: 06 June 2014
CEMENT producer PPC Zimbabwe says domestic sales in the first five months of the year are down 5 percent compared to the same period last year. PPC managing director Njombo Lekula said domestic...
By Golden Sibanda | Published: 06 June 2014
ZIMBABWE-BASED banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make paymen...
By nfcworld.com | Published: 06 June 2014
Cambria Africa could get a $20 million revenue boost from the disposal of non-core assets and claims relating to disputes over leased aircraft. This potential revenue could just be the tonic the pan-A...
By Staff reporter | Published: 06 June 2014
Diversified group, ART Corporation recorded a $1,16 million loss in the half year period ended March 31, 2014 from a profit of $236 000 a year earlier after its business units achieved lower volumes d...
By Walter Muchinguri | Published: 06 June 2014
Agro-industrial Company, Ariston Holdings Limited's revenue for the half year ended March 2014 increased 29 percent on the back of improved marketing by the group.The group recorded $8,6 million in re...
By Tinashe Makichi | Published: 06 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
