First Mutual Holdings will tighten the screws on premiums collection and enhance service provision as part of concerted efforts to maintain growth.Chief executive Mr Douglas Hoto said after the group'...
By Business Reporter | Published: 06 June 2014
Government has given notice that it will move a motion to remove all board members of Hwange Colliery Company Limited at the annual general meeting in June.Secretary for Mines and Mining Development P...
By Business Reporter | Published: 06 June 2014
INGWEBU Breweries expects to increase sales volumes during the Soccer World Cup, which kicks off in Brazil this month.ingwebu-cratesThe Bulawayo City Council's commercial undertaking says its sales co...
By Staff reporter | Published: 04 June 2014
APEX Holdings (Pvt) Ltd is disposing its 46,68% shareholding in Phoenix Consolidated Industries Ltd, as the company is currently under judicial management.Apex Holdings (Pvt) Ltd was placed under judi...
By Staff reporter | Published: 04 June 2014
First Mutual Holdings recorded a 20% growth in total income for the period ended 30 April on the back of increase in rental income and premium, group CE Doug Hoto told the AGM yesterday.Giving the tra...
By Staff reporter | Published: 04 June 2014
Building materials manufacturer, Turnall Holdings has said it was crucial for government to resuscitate operations at Shabanie Mashava Mines to curb spiralling import costs of chrysotile asbestos fibe...
By New Ziana | Published: 04 June 2014
Ferrochrome producer, ZimAlloys on Sunday said it is still searching for partners to inject funds into the company to enable it resume operations.The mining firm ceased operations in 2008 due to lack ...
By New Ziana. | Published: 04 June 2014
Production at listed cement manufacturer, Lafarge Cement Zimbabwe is expected to increase to 500 000 tonnes per annum once current plant upgrade is complete, an official has said.Lafarge is currently ...
By Business Reporter | Published: 04 June 2014
NATIONAL Foods says milling volumes especially in the southern region are depressed due to the high volume of imports."We are making every effort to compete, however, our milling volumes in the southe...
By Business Reporter | Published: 04 June 2014
Brick maker Willdale Limited's rights offer has been grossly under subscribed by shareholders after only 15 percent of the owners responded to the $3,2 million cash call.Chief executive Mr Clifford Mu...
By Staff reporter | Published: 04 June 2014
BRITISH American Tobacco Zimbabwe (BAT) has called on governments across Southern Africa to carefully consider the unintended consequences of increased taxes on tobacco products with the intention of ...
By Staff reporter | Published: 02 June 2014
MASHONALAND Holdings Limited has recorded a 28% decline in after tax profit to $1,6 million for the half year ended March 31 2014 as compared to $2,7 million over the same period last year.In a statem...
By Staff reporter | Published: 02 June 2014
ZIMBABWE'S largest beverages producer Delta Corporation Limited, has announced plans to upgrade its plant and machinery at a cost of $54 million in a programme expected to run until next March.Company...
By Staff reporter | Published: 02 June 2014
Impala Platinum Holdings Limited (Implats)'s Zimbabwean unit Zimplats says government has not yet responded to its objection to the compulsory acquisition of its 28 000 hectares of land.The grabbed la...
By Staff reporter | Published: 02 June 2014
Cairns Holdings prospective investor Vasari Global has requested to renegotiate a number of issues with major creditors amid fears the deal could collapse over undisclosed differences.In an update to ...
By Golden Sibanda | Published: 02 June 2014
More retrenchments are looming at PG Industries as the group seeks to turn around its fortune after sinking deeper into the red, posting a $11,3 million loss for the year ended December 2013.The group...
By Staff reporter | Published: 02 June 2014
Zimplats will start refurbishing its base metals refinery at a cost of $100 million in July after completing a preliminary plant assessment.Addressing delegates during a tour of Zimplats' operations o...
By Staff reporter | Published: 02 June 2014
Banks charge punitive interest for loans to industry and commerce because they get funds at a premium due to the high country risk profile, a central bank official said.RBZ senior divisional chief, ec...
By Golden Sibanda | Published: 02 June 2014
Padenga Holdings Limited CE Gary Sharp told the AGM this morning that the demand for crocodile meat remains weak in Europe and Asia, as the group's efforts were focused on searching for alternative vi...
By Staff reporter | Published: 30 May 2014
Seven employees, including a manager, were seriously injured after a gas tank exploded in a mine tunnel at Freda Rebecca Mine on Tuesday. Some of the seven were taken to Bindura Provincial Hospital be...
By Staff reporter | Published: 30 May 2014
Zimbabwe Power Company (ZPC) says the design for Kariba South expansion has been approved and a hydrographic survey is being conducted by Sinohydro in Lake Kariba around the intakes.With a capacity of...
By Staff reporter | Published: 30 May 2014
Hunyani Holdings Ltd, a paper packaging and forestry company, reported an operating loss in the six months to April as costs increased while revenue declined. The Zimbabwe Stock Exchange-listed compan...
By Staff reporter | Published: 30 May 2014
The Government has agreed to consolidate the $27 million debt owed to Seed Co (Pvt) Limited by various Government departments for seed supplied under agricultural input schemes since 2007. Seed Co is ...
By Tinashe Makichi | Published: 30 May 2014
Australian listed company, Prospectus Resources says it has entered into a placing agreement to raise $1million dollars about A$1 078 748) through the issuance of 71,9 million shares at $0,015 t...
By Staff reporter | Published: 30 May 2014
Canadian-based company, NanoStruck Technologies Inc. says it has signed a non-binding Letter of Intent (LOI) with Purple Grid Trading Pvt Ltd, a Zimbabwean company whereby Purple Grid will use NanoStr...
By Staff reporter | Published: 30 May 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
