ZSE-listed CFI Holdings is in talks with a local private equity fund over a possible investment into its stock feeds unit, Agrifoods.Well placed sources told The Herald Business that negotiations betw...
By Staff reporter | Published: 10 April 2014
THE National Social Security Authority will next year start the construction of a shopping mall in Harare central business district, consisting of a garage and offices, at an initial cost of $16 milli...
By Staff reporter | Published: 10 April 2014
Toronto Stock Exchange-listed Caledonia Mining Corporation plans further investment in Blanket Mine to ramp up production to 52 000 ounces per annum by next year.Already, Caledonia is confident it wil...
By Staff reporter | Published: 10 April 2014
ZSE-listed manufacturing concern Willdale is seeking to raise fresh capital to meet working capital and re-tooling requirements.The company, which has debts amounting to $6,6 million, will seek to rai...
By Staff reporter | Published: 09 April 2014
Zimbabwe last year achieved only 54,6 percent of targeted royalties from the mining sector.According to official figure cited in the African Development Bank (AfDB)'s latest Zimbabwe Monthly Economic ...
By Staff reporter | Published: 09 April 2014
Econet Capital Zimbabwe has invested $17 million into a new beverages packaging plant at the Mutare Bottling Company (MBC).Speaking at the official commissioning of the plant, imported from Italy, MBC...
By Staff reporter | Published: 09 April 2014
The board announces the appointment of Mr. Elisha Moyo and Mr. Andrew Nyakonda as non-executive directors with effect from February 2014.Elisha holds a Bachelor of Law (Honours) Degree, LLB and MBA fr...
By Staff reporter | Published: 09 April 2014
ECONET Wireless has reaffirmed its commitment to its investment in Mutare Bottling Company, seeing through the installation of a $17 million new line and factory investment, which will boost the firm'...
By Staff reporter | Published: 09 April 2014
Delta Corporation has renewed hostilities with beverage wholesalers amid allegations that the beverage manufacturer is demanding payment within three days despite holding security from customers.Whol...
By Staff reporter | Published: 09 April 2014
Prices at the tobacco auction floors have remained depressed resulting in a 15,5 percent disparity with prices recorded during the same period last year.According to the latest figures released by the...
By Staff reporter | Published: 09 April 2014
ABC Holdings Limited has signed an agreement with the Africa Agriculture and Trade Investment Fund (AATIF) that has resulted in a $25 million funded risk sharing facility becoming available to agricul...
By Staff reporter | Published: 08 April 2014
Pharmaceuticals manufacturer Med-Tech Holdings' revenues grew by 14 percent to $15,7 million last year due to strong demand in its distribution business.The financing cost of the group reduced 10 perc...
By Staff reporter | Published: 08 April 2014
ZB Holdings plans to increase its services to the informal sector as the group has proved to be a low default risk when it comes to loan repayments.ZB Holdings business development manager Shadowsight...
By Staff reporter | Published: 08 April 2014
DAVID Whitehead Holdings has been saved from liquidation after the High Court granted a final judicial management order for the company. Knowledge Hofisi of Aurifin Capital has been confirmed the fina...
By Staff reporter | Published: 08 April 2014
The Reserve Bank of Zimbabwe (RBZ) says efforts are being made to craft a law to deal with insider loans which have become a major of concern in the banking sector.Speaking at SAPES Dialogue last week...
By Staff reporter | Published: 08 April 2014
Zimbabwe's mineral output remained depressed in February 2014 with gold and nickel registering significant declines, a Finance ministry state of the economy report indicates.The country produced 831,3...
By Staff reporter | Published: 08 April 2014
Former Finance minister Tendai Biti has urged new Reserve Bank of Zimbabwe governor John Mangudya to wield the axe on ‘rogue' bankers whom he accuses of pervading the financial sector.Mangudya - cur...
By Business Live | Published: 08 April 2014
ZIMPLOW intends to consolidate its share capital by which every four existing ordinary shares of $0,0001 each will be consolidated into one new ordinary share of $0,0004. The proposed share consolidat...
By Staff reporter | Published: 08 April 2014
NINE financial institutions have fully subscribed for the $103 million Treasury Bills floated by the Reserve Bank of Zimbabwe last month with CBZ Bank snapping up more than half of the amount on offer...
By Conrad Mwanawashe | Published: 08 April 2014
African Consolidated Resources PLC Monday said it has appointed Roy Pitchford as acting chief Executive for an initial term that runs until the end of October, after which it expects to appoint a lon...
By Staff reporter | Published: 08 April 2014
The pig industry in Zimbabwe is going through a difficult patch due to a combination of factors that include high costs of stock feed, a ban on exports of fresh pork, depressed demand due to low consu...
By New Ziana. | Published: 07 April 2014
The tobacco grower base is expected to go beyond 100 000 farmers with the communal sector dominating the industry.Tobacco Industry and Marketing Board chief executive Andrew Matibiri said the number o...
By Staff reporter | Published: 07 April 2014
Nyangani Renewable Energy (Pvt) Ltd has remained committed to playing its part in easing energy woes in the country following the completion of some of its hydro-power stations in Nyanga.The company h...
By Manica Post | Published: 07 April 2014
Gold producer Blanket Mine produced a lower than expected 10,607 ounces of gold in the first quarter of this year, but remains steadfast on its production guidance of 48,000 ounces for 2014.In a tradi...
By Staff reporter | Published: 07 April 2014
The Government has earned $4,3 million in royalties from the inaugural diamonds sale in Dubai.This was after the country sold 380 000 carats at the tender, which yielded $29,2 million at an average pr...
By Staff reporter | Published: 07 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
