Cash-strapped Zimbabweans should brace for an imminent fuel hike after government gazetted new pricing regulations.Statutory Instrument 80 of 2014, crafted by the Energy ministry in consultation with ...
Zimbabwe plans to have 40 airlines flying into the country by 2018, nearly trebling the current figures, Civil Aviation Authority of Zimbabwe (CAAZ) general manager David Chawota said yesterday. At th...
Financial analysts have predicted that Econet Wireless Zimbabwe's mobile money transfer service EcoCash will contribute a weighty 7 percent to revenue.IH Securities predicted that EcoCash has potentia...
Tobacco auction floors say price differences and the high number of contract floors in the country are threatening their existence as 70 percent of the crop is now produced under contract. Auction flo...
The Chamber of Mines of Zimbabwe has proposed the establishment a think tank to advise Government on policy with a view to spur growth and investment in mining. The think tank would look into issues o...
Listed property developer, Zimbabwe Property Investments Limited is waiting for regulatory approval from the Ministry of Local Government, Public Works and National Housing to start developing a resid...
A total of 70 tourists from across the globe arrived in the country through Beitbridge border post yesterday in 28 vintage cars.The convoy arrived at the border post at around mid morning and were wel...
Farmers and ginners are today expected to hold a final meeting to decide on the producer price of cotton for the 2014 marketing season.The negotiations between the two parties have been opened as a wa...
London Stock Exchange listed commodity firm Premier African Minerals has exercised an option to acquire Toronto-listed AgriMinco's entire interest in its subsidiary Mandalore Development, which has a ...
BancABC shareholders will convene early next month seeking approval to waiver a one-year restriction on the sale of employee shares that had been granted under an earlier scheme. The move will facilit...
The Timber Producers Federation (TPF) is expanding by launching the Timber Producers Association (TPA) which will represent the interests of workers in the timber industry.According to a TPF official,...
Zimbabwe Stock Exchange-listed cable manufacturer Cafca's revenue for the six months period ended March 31, 2014 was up 21 percent to $10 million as the company benefited from a change in strategy to ...
The slowdown in economic activity, largely typified by deflation has forced banks to take a cautious approach to lending by downsizing credit to the private sector, the Bankers Association (BAZ) has s...
Essar Holdings director for Africa Firdhose Coovadia said New Zim Steel targets to produce international standard quality steel products as it eyes to capture the export market.This follows indication...
Trust Banking Corporation has hauled the Reserve Bank of Zimbabwe to the administrative court to contest the decision to cancel its banking licence, it has emerged. The central bank in December cancel...
Investment intelligence company, Edison Independent Investment Research, has upgraded its valuation of Mwana Africa on the back of better production at units Freda Rebecca and Bindura Nickel Corporati...
Hwange Colliery Company Limited has denied that it retrenched its workforce that took the company for arbitration seeking to recover severance packages amounting to more than $1,2 million. About 16 wo...
Zimbabwe's cotton production is estimated to increase by 31 percent this year due to the good rains received in most parts of the country, the growers' association said yesterday. Output for the seaso...
RioZim Limited has floated a tender, seeking bids for contract mining at its Cam and Motor gold mine in Kadoka. "Tenders are invited from suitable and interested bidders from suitable and interested b...
Virginia tobacco sales have topped the $400 million mark with at least $420,6 million having been sold so far under both the auction and contract systems, representing an 8 percent increase from the $...
The Victoria Falls Safari Lodge, the flag ship of Africa Albida Tourism in Zimbabwe, says it will not renew its 20-year-old marketing and technical services agreement with Three Cities which expires n...
Telecel has introduced a video calling service that allows prepaid subscribers with video calling capable handsets to make video calls to other prepaid Telecel subscribers.Video calling, which is avai...
Cimas Medical Aid Society's revenue for the year ended 31 December 2013 surpassed the $100 million mark to reach $110,4 million, an increase of 12,7 percent over the 2012 figure of $98 million.The soc...
The Meikles group has sent one of its directors and senior manager for TM Supermarkets, Bisset Chimhini on suspension pending disciplinary hearing for violating procurement procedures. Chimhini, ...
Mobile communications behemoth, Econet Wireless Zimbabwe says it will soon diversify into road construction, in a bid to improve communication channels and support to the community, its chief executiv...