Government has started the securitisation of minerals to secure external loans by directing diamond firms to deposit their gems with the Reserve Bank of Zimbabwe. Mines and Mining Development permanen...
By Staff reporter | Published: 27 May 2014
Government's review of the indigenisation and economic empowerment policy to facilitate sector-specific implementation is a major breakthrough as it ensures that Zimbabweans own 100% of their resource...
By Staff reporter | Published: 27 May 2014
Tetrad Holdings Limited (Tetrad) has received a $31 million recapitalisation boost from its shareholders.Its chairperson Miccah Moyo said the group recapitalised its subsidiaries with capital injectio...
By Staff reporter | Published: 26 May 2014
THE proprietor of Golden Grill Fast Food outlets in Bulawayo, Paul Evans, yesterday said he was an indigenous Zimbabwean who should not be subjected to the requirements of the Indigenisation and Econo...
By Staff reporter | Published: 26 May 2014
A third of banks have not yet complied with the Reserve Bank's minimum capital requirements, reflecting the fragility and limited capacity of banks to support efforts to turnaround the economy, a Rese...
By Golden Sibanda | Published: 26 May 2014
ZB Financial Holdings intends to sell its asset management and stockbroking units to focus on core business areas of banking and insurance, a company official has said.Spokesperson Ms Estar Toto last ...
By Staff reporter | Published: 26 May 2014
First Mutual Holdings Ltd has come up with measures to mitigate the low uptake of industrial space in its property division as the market suffers under liquidity challenges.The property sector has bee...
By BH24 | Published: 26 May 2014
Amalgamated Regional Trading Corporation will post a loss for the half to March 31, 2014 after total revenue for the period fell by 8 percent due to depressed consumer demand and liquidity challenges....
By Staff reporter | Published: 26 May 2014
Capacity utilisation in the manufacturing sector is expected to decline further this year as firms continue to operate under difficult conditions.Capacity utilisation in the manufacturing sector recor...
By Bh24 | Published: 26 May 2014
TEXTILE firm David Whitehead, is on course for partial re-opening with technicians expected to begin maintenance work at the Chegutu and Kadoma factories next week, an official said."Zesa Holdin...
By Business Reporter | Published: 26 May 2014
FBC Holdings group chief executive Mr John Mushayavanhu said the CASE Handbook is an invaluable resource for the business community.The handbook was launched in Harare on Wednesday, with FBC again its...
By Martin Kadzere | Published: 26 May 2014
Metallon Gold Zimbabwe is conducting a feasibility study at its Motapa gold mine in Bubi with the intention of reviving operations there.The mine closed in 1990.Metallon Gold acquired the Motapa minin...
By Staff reporter | Published: 26 May 2014
The Ministry of Home Affairs has taken over the licensing of copper traders to reduce smuggling, Parliament heard yesterday. Home Affairs permanent secretary Melusi Matshiya told the Senate Committee ...
By New Ziana | Published: 26 May 2014
THE National Social Security Authority is expecting a permanent certificate of occupation from Beitbridge municipality after submitting architectural designs and a report on the construction of its ho...
By Conrad Mwanawashe | Published: 26 May 2014
PRETORIA Portland Cement, Zimbabwe's largest cement firm, has raised its capital spending budget on expansion projects to about $280 million, a senior company official said.Chief executive Mr Ketso Go...
By Enia Nyakudzambara | Published: 26 May 2014
ZIMPLATS could soon begin partially processing its matte at the Selous-based base metal refinery once refurbishment is completed.Impala Platinum, which owns 87 percent shareholding in the country's la...
By BH24 | Published: 26 May 2014
Zimbabwe's largest gold mining group, Metallon Gold, is considering adopting the solution mining method at its Mazowe operation to increase production as prices fluctuate, a company official said.Solu...
By Business Reporter | Published: 26 May 2014
HWANGE Colliery Company Limited, the country's largest coal mining company has finally appointed a substantive managing director, almost two years after the departure of Mr Fred Moyo, who is now deput...
By Staff reporter | Published: 26 May 2014
Employees at meat processing firm, Cold Storage Company (CSC) last Friday staged a demonstration demanding their outstanding salaries.The employees claimed to have last received full salaries in 2009...
By Staff reporter | Published: 26 May 2014
OVER 600 villagers - including war veterans - occupied Chiredzi sugar cane plantations in Hippo Valley and Triangle estates on Monday, demanding that Government allocate them land.Police yesterday sw...
By Staff reporter | Published: 26 May 2014
Zesa turned down a request by Econet Wireless to sell pre-paid electricity tokens through its mobile money transfer service, EcoCash, saying the third party vending facility was reserved for State-li...
By Staff reporter | Published: 26 May 2014
INDIAN conglomerate Essar Holdings has started negotiations with holders of Hwange coal concessions with a view to establishing joint ventures to extract the mineral to power its planned 600-megawatt...
By Staff reporter | Published: 26 May 2014
Indigenous companies have benefited little from Econet Wireless' $1,2 billion capital expenditure on procurement of network equipment because they do not have capacity to supply and meet expected qua...
By Staff reporter | Published: 26 May 2014
Econet Wireless says it has been at the receiving end of unfair treatment from authorities and "feels unwanted" in certain spaces, claiming this was stifling its growth, group chief executive Mr Doug...
By Staff reporter | Published: 26 May 2014
Blue Ribbon has concluded negotiations with Tanzanian grain miller Bakhresa Group in a deal that could result in the injection of $40 million in fresh capital. Sources privy to developments said nego...
By Staff reporter | Published: 26 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
