ZIMBABWE has been ranked number 117 out of 148 countries graded for their capacity to exploit opportunities offered by the Information Communication Technology (ICT) sector. The southern African count...
By Staff reporter | Published: 08 May 2014
Global Diamond Tenders, a Dubai-based company, hired by government to facilitate the sale of the country's diamonds at the Dubai Diamond Exchange (DDE) has only fully paid three of the seven diamond c...
By Staff reporter | Published: 08 May 2014
Zimbabwe is exploring for new mineral deposits as the hard pressed government seeks to raise cash from the country's vast resources. Mines minister Walter Chidhakwa said new deposits would be used for...
By Staff reporter | Published: 08 May 2014
Zimbabweans should be disciplined, courageous and skilful to overcome challenges facing the economy, newly-appointed Reserve Bank of Zimbabwe Governor John Mangudya has said. In his maiden statement a...
By Staff reporter | Published: 08 May 2014
The Zimbabwe Energy Regulatory Authority (Zera) has moved in to regulate trade and distribution of liquefied petroleum gas (LPG).Government today announced that liquefied petroleum gas (LPG) retailer...
By Musah Gwaunza | Published: 07 May 2014
Zimbabwe has certainly moved a step backwards from August 2013.For some period during that month, Zimbabwe and Zambia were operating an open border system, albeit temporarily, for the 20th General Ass...
By Musah Gwaunza | Published: 07 May 2014
The Agricultural Marketing Authority has suspended the imposition of a poultry levy after stakeholders agreed that the move would cripple farmers who are already suffering from economic hardships. The...
By Staff reporter | Published: 07 May 2014
JOHANNESBURG - World number two platinum producer Impala Platinum, the majority shareholder in Zimbabwe's platinum miner Zimplats, said yesterday that if a 15-week strike continued at its South Africa...
By Reuters | Published: 07 May 2014
Listed properties firm Dawn plans to dispose three of its hotels for a total $18,5 million.The hotels up for sale are Beitbridge Express (BE), three-star Great Zimbabwe Hotel (GZH) and Hwange Safari L...
By Business Live | Published: 06 May 2014
The country's property sector continued to be depressed in the first quarter as the effects of the liquidity crunch continue to bear down on prices and the quality of tenants.However, the situation is...
By Staff reporter | Published: 06 May 2014
Listed bricks manufacturer Willdale Limited's shareholders unanimously approved a capital raising initiative of $3,25 million through a rights issue of preference shares at an EGM this morning.The sha...
By Staff reporter | Published: 06 May 2014
Econet Wireless CE Douglas Mboweni told an analyst briefing yesterday that the group's future lies in broadband and overlay services (Ecocash) after recording a rare decline in revenue from the mainst...
By Staff reporter | Published: 06 May 2014
Steward Bank, the wholly-owned subsidiary of Econet Wireless Zimbabwe, posted a loss of $26.3 million as the company continues restructuring away from traditional banking to focus on services related ...
By Staff reporter | Published: 06 May 2014
Integrated financial services group Zimre Holdings Limited (ZHL) has recorded a profit before tax of $2,7 million in 2013, which is 40% less than the $4,4m it recorded in 2012.In its latest financial ...
By Staff reporter | Published: 06 May 2014
London Stock Exchange listed multi-commodity exploration and development firm, Premier African Minerals Limited has announced a significant increase in contained tungsten metal deposits at its flagshi...
By Staff reporter | Published: 06 May 2014
Clothes manufacturer and retailer Edgars says its targeting over 70 000 account holders in their renewed push for brand loyalty. This follows the successful re-launch of the Edgars Club loyalty progra...
By Staff reporter | Published: 06 May 2014
London Stock Exchange listed commodity firm Premier African Minerals is in the process of securing debt finance for its tungsten mining project situated in the Kamativi tin belt in Matebeleland. The p...
By Staff reporter | Published: 06 May 2014
Treasury has availed $5 million capital to the Ministry of Mines and Mining Development to enable the Mining Promotion Corporation to start operations. The newly formed MPC will ensure an increase in ...
By Staff reporter | Published: 06 May 2014
ZIMBABWE's captains of industry and commerce are this week set to meet their European Union counterparts in South Africa as part of efforts to attract foreign direct investment into the country.Confed...
By Staff reporter | Published: 06 May 2014
Industrial Development Corporation of Zimbabwe (IDCZ) has put its subsidiary Amtec Private Limited, up for sale.The Board of Motec Holdings, a subsidiary of IDC yesterday invited potential local and f...
By Staff reporter | Published: 06 May 2014
Zimbabwe's diamond output from the Marange fields is expected to decline to 12 million carats this year, according to diamond analysts Rapaport. That would be a 9,7 percent decline as the country is e...
By Staff reporter | Published: 05 May 2014
Econet Wireless will pay a dividend of 1.29 cents per share to its 9000-plus shareholders for the first time in more than three years.The company, which has paid out more than $900million to the gove...
By Staff reporter | Published: 05 May 2014
Zimplow Holdings Limited is at an advanced stage of disposing some of its non-core assets in order to reduce its current borrowings, group CEO Zondi Kumwenda told an AGM earlier today."It remains the ...
By Staff reporter | Published: 05 May 2014
CBZ Holdings is targeting a 15% growth in the bank's total deposits for the 2014 full financial year, newly appointed group CE Never Nyemudzo told the AGM on Wednesday. "Our forecast into the rem...
By Staff reporter | Published: 05 May 2014
MEIKLES Limited on Friday announced the departure of TM Supermarkets Managing Director Dave Mill from the group in what they termed at "pre-retirement leave with immediate effect".However, information...
By Business Reporter | Published: 05 May 2014
Mutodi apologises to Guvamatanga 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
