Econet Wireless says it is making inroads to increase smart phone penetration in the country with a view to increasing broadband usage.Speaking at an investment forum, Econet chief executive Douglas ...
By Staff reporter | Published: 30 May 2014
National airline Air Zimbabwe is now poised to resume international flights as it has been readmitted into International Air Transport Association International (IATA) Operational Safety Audit progra...
By Staff reporter | Published: 30 May 2014
Zimbabwe's insurance industry could be sitting on $1 billion worth of premiums which can only be unlocked by increasing the insurance penetration rate from the current 3,65 percent.First Mutual Holdi...
By Staff reporter | Published: 30 May 2014
AIM-listed Mwana Africa's Bindura Nickel Corporation (BNC) is targeting to process minerals from other countries in the region at its Bindura smelter and refinery complex once refurbishment has been ...
By Staff reporter | Published: 30 May 2014
ABC Holdings says regulatory and other approvals are being sought for the disposal of its controlling shareholding to a company owned by former Barclays Plc chief executive officer Bob Diamond.Under t...
By Staff reporter | Published: 29 May 2014
ZIMBABWE Stock Exchange-listed concern, Pearl Properties, recorded below-target revenue of $2,9 million for the four months to April 30, due to increasing rent arrears.General manager Francis Nyambiri...
By Staff reporter | Published: 29 May 2014
ZIMBABWE Stock Exchange listed Edgars recorded a $281 000 loss in the four months to April 2014 when compared to the same period last year due to due to operating environment which tightened on the b...
By Staff reporter | Published: 29 May 2014
NicozDiamond managed to record a revenue growth of 6% as at April 2014 compared to the same period last year, MD Grace Muradzikwa told the AGM today. "We are grateful to our business providers to...
By Staff reporter | Published: 29 May 2014
THE Labour Court has ordered ailing meat processing firm, Cold Storage Company (CSC) to pay over $450,000 in outstanding salaries to 209 employees after efforts to reconcile the two parties failed.CSC...
By Staff reporter | Published: 29 May 2014
RioZim is negotiating the term sheet for a $45 million facility with an international financier to refinance the group's bank debt, which now stands at $40 million, managing director Mr Ashton Ndlovu ...
By Business Correspondent | Published: 29 May 2014
Bindura Nickel Corporation is targeting a 42 percent increase in nickel production within the next two years as the company intensifies efforts to restart its smelter shut down during the hyperinflati...
By Tinashe Makichi | Published: 29 May 2014
The New Limpopo Bridge, one of Zimbabwe's most successful projects under build operate and transfer model, is undergoing extensive facelift ahead of its handover to Government next month. The bridge t...
By Staff reporter | Published: 29 May 2014
Listed property concern Mashonaland Holdings says it is considering reviewing rentals for its properties downwards in response to the high default and void rates in sector.Speaking at the Imara Invest...
By Staff reporter | Published: 28 May 2014
Listed financial concern Tetrad Holdings Limited posted a staggering loss of $16,2 million for the year ended September 31 2013 weighed down by provisions for the banking division's non-performing loa...
By Staff reporter | Published: 28 May 2014
The number of telecash agents and merchants that have signed up with Telecel now stands at more than 3 000, almost double the number that had been registered when telecash was launched at the end of J...
By Chengetai Chinembiri | Published: 28 May 2014
Zimpost has processed transactions worth over $30 million under its Zipcash money transfer facility since it launched the service in October last yearZimpost has processed transactions worth over $30 ...
By New Ziana. | Published: 28 May 2014
Government could still effect the ban on the export of unbeneficiated platinum next year when the ultimatum given to miners expires this year, if miners are slow to set up a precious metals refinery.T...
By Business Reporter | Published: 28 May 2014
Dairibord Zimbabwe Limited has unveiled a new product line to exploit an opportunity identified in the market and to increase the contribution of non-milk products to the group.The new product called ...
By Business Reporter | Published: 28 May 2014
Metallon Gold Zimbabwe is eyeing a potential listing on the Zimbabwe Stock Exchange as part of efforts to comply with the country's indigenisation laws.In a report, the group said it was liaising with...
By Staff reporter | Published: 28 May 2014
British American Tobacco Zimbabwe (BAT) said volumes in the first quarter of this year dipped by one percent as compared to last year.Managing director Lovemore Manatsa told journalist at the company'...
By Staff reporter | Published: 28 May 2014
Turnall MD John Jere told the AGM today that the cash model adopted by the company in 2014 as opposed to the credit sale model was met with resistance therefore affecting volumes although they firmed ...
By Staff reporter | Published: 27 May 2014
BAT performance remained flat with volumes roughly 1% below mainly due to difficult operating conditions, MD Lovemore Manatsa told the AGM today. "In terms of the update comparing with last year ...
By Staff reporter | Published: 27 May 2014
Meikles Hotel continues to garner top honours for its 5-satr Harare based property, most recently being named among the coveted 10 Best Luxury Hotels in Africa from luxury travel leaders Amerikanki. T...
By Staff reporter | Published: 27 May 2014
Sugar producer Tongaat Hulett says import tariffs introduced in Zimbabwe would benefit sales and prices in the next financial year. The group holds a 50.3% shareholding in Hippo Valley Estates while i...
By Staff reporter | Published: 27 May 2014
Global brewer SABMiller says the current economic crisis in Zimbabwe has affected the bottom-line of its subsidiary Delta Corporation. Alan Clark, SABMiller CE said in the year to March 2014 larger vo...
By Staff reporter | Published: 27 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
