ZIMBABWE'S diamond revenues may rise 47 percent this year, indicating the country could have been "fleeced" from its previous diamond sales, a research report has said.Diamond revenues were also lower...
By Martin Kadzere | Published: 17 April 2014
THE Industrial Development Corporation has shortlisted a South African company to buy its 49 percent stake in struggling Zimbabwe Grain Bag.IDC has been seeking an investor to take over its stake in t...
By CAJ News. | Published: 17 April 2014
THE Government will clear gold bonds owed by the Reserve Bank of Zimbabwe to bullion producers as part of efforts to clean the central bank's balance sheet, Finance and Economic Development Permanent ...
By Conrad Mwanawashe | Published: 17 April 2014
RIO Tinto, the world second largest miner said production at its Zimbabwe's diamond unit, Murowa fell 12 percent in the quarter to March 2014 due to lower ore grades and the excessive rains."Murowa re...
By Business Reporter | Published: 16 April 2014
Air Zimbabwe (AirZim) is struggling to break even on its Harare-Johannesburg-Harare route amid disclosures that one flight on March 29 had less than 30 passengers aboard.The airline was using a B767-2...
By Staff reporter | Published: 16 April 2014
Chitungwiza based textile manufacturer, Modzone Enterprises, closed shop in 2012 after its Iranian shareholders stopped investing in the firm as they were not recouping anything from the venture, an o...
By Staff reporter | Published: 16 April 2014
The mothballed Willowvale Mazda Motor Industries is in a functional state and can start operating as soon as Government puts in place an effective local procurement policy for the motor industry, an o...
By Staff reporter | Published: 16 April 2014
Loan sharks and money lending firms are feasting on desperate pensioners seeking short term loans for personal use and capital projects by charging exorbitant interest charges of up to 40% per month, ...
By Staff reporter | Published: 16 April 2014
Zimre Holdings Ltd is considering offloading its stake in Malawi-based United General Insurance Company (UGI), to its subsidiary NicozDiamond. Sources close to the deal said it was only logical to sel...
By Staff reporter | Published: 16 April 2014
The ostrich industry in Zimbabwe has virtually collapsed with the few birds left found in private wildlife parks while the association of producers has also folded, leaving farmers without a represen...
By New Ziana | Published: 16 April 2014
Hair products manufacturer Blue Track Investments has called upon Government to scrap duty on imported on synthetic fibre.The company imports all its raw materials used in the manufacturing of the br...
By Staff reporter | Published: 16 April 2014
Leading brewer SABMiller's lager volumes in Zimbabwe were 18 percent lower in the full year to March 31, 2013.In a trading update this morning, SABMiller attributed the constrained performance of its...
By Staff reporter | Published: 16 April 2014
Australian domiciled exploration company African Chrome Fields (ACJ), formerly TPL Corporation is selling 70% of its stake in African Chrome Fields Pte Limited for $4 million. ACJ is the holder of app...
By Staff reporter | Published: 15 April 2014
Local firm, Premier Diamonds got a reprieve last week after the High Court granted an order staying the execution of an order compelling it to settle a $4.6 million loan advanced by BancABC to finance...
By Staff reporter | Published: 15 April 2014
Econet Wireless Zimbabwe has declared that it will never back down on its earlier demands for banks to pay a prescribed tariff in order to gain access to its transaction messaging system. Chief execut...
By Staff reporter | Published: 15 April 2014
THE National Railways of Zimbabwe is scouting for investors to partner it in the construction of rail link between Lion's Den near Chinhoyi and Kafue in Zambia as it seeks to create a shorter transit ...
By CAJ News. | Published: 15 April 2014
Zimbabwe has been invited to the International Travel and Tourism Market (ITTM) to be held in the Netherlands this week, an official said on Friday.In a statement Tourism and Hospitality Industry Mini...
By New Ziana | Published: 14 April 2014
Zimbabwean beekeepers have failed to supply an order for honey and its other products from a Bulgarian company due to low production levels and technology used, an official said on Friday.Beekeepers A...
By New Ziana | Published: 14 April 2014
Operations at ammonium nitrate producer Sable Chemicals hang in the balance as the Government is yet to renew a power subsidy agreement that it entered with the company to enable it sustain production...
By New Ziana | Published: 14 April 2014
Total Zimbabwe, one of the leading energy supply company in Zimbabwe, has launched the new T-Air station model in Harare.The new T-Air station, the first of its kind in Zimbabwe, has been initially la...
By Staff reporter | Published: 14 April 2014
ZSE-listed agro-industrial concern Chemco's shareholders have approved a debt-to-equity swap with parent company TSL Holdings.In a notice to shareholders today, the company said TSL will compulsorily ...
By Staff reporter | Published: 14 April 2014
The value of tobacco sold so far has risen 1,3 percent to $215 million from $212 million in the parallel period last year.According to latest figures from the Tobacco Industry Marketing Board (TIMB), ...
By Staff reporter | Published: 14 April 2014
Zimbabwe's largest wireless network operator Econet seeks a local partner to resume its mobile-based insurance service, EcoLife.Its chief executive Douglas Mboweni last week told businessdaily that th...
By Staff reporter | Published: 14 April 2014
CIVIL society organisations have blasted President Robert Mugabe for granting exploration licenses to private mining companies in spite of poor monitoring mechanisms that have resulted in some compani...
By Staff reporter | Published: 14 April 2014
Zimplats says it has fully paid up the $10 million it pledged to the Mhondoro-Ngezi-Chegutu-Zvimba Community Share Ownership Trust after releasing the last tranche of $1.5 million recently. The last d...
By Staff reporter | Published: 14 April 2014
Chiwenga takes fresh swipe at Wicknell Chivayo 
Mnangagwa delivers stark warning 
Goodyear shutters multiple global plants 
ZSE pushes for another equities tax cut to boost selloffs 
Zimbabwe's forex receipts jump 23% 
Unifreight shifts focus towards cross-border 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
