Air Zimbabwe (Pvt) Ltd has fired its Human Resources Manager, Oswald Madziwa for negligently performing a transaction which led to the national airliner losing millions of dollars.Madziwa was dismisse...
By Staff reporter | Published: 24 April 2014
Leading tea-producing company Tanganda Tea (Pvt) Ltd has acquired a state-of-the-art blending and packaging plant worth $2.5m, finance director Henry Nemaire has said.Nemaire told reporters that the w...
By Staff reporter | Published: 24 April 2014
LACK of competition in the fixed line telecommunications sector as well as restrictive policies has hampered growth in the sub-sector where State-owned TelOne still maintains a monopoly on fixed lines...
By Staff reporter | Published: 24 April 2014
THE Zimbabwe Banking and Allied Workers' Union (Zibawu) has said ZB Bank and Steward Bank are in the process of terminating jobs of 335 employees as the two institutions embark on rationalisation of t...
By Staff reporter | Published: 24 April 2014
THE National Social Security Authority's hotel in Beitbridge could be closed by the local authority after the temporary permit allowing it to operate expired last month.NSSA is pinning its hopes on ne...
By Staff reporter | Published: 24 April 2014
Old Mutual Zimbabwe has declared a $10 million dividend for its shareholders for the year ended December 2013. The group in the same period posted positive results recording a 2000 percent increase in...
By Staff reporter | Published: 24 April 2014
Businessman Mr Ray Kaukonde has increased his shareholding in brick maker Willdale Limited ahead of the recapitalisation of the group. Mr Kaukonde upped his interest in the Zimbabwe Stock Exchange-lis...
By Staff reporter | Published: 24 April 2014
Australia, one of the world's leading mining powerhouses, has pledged to empower small-scale miners in Zimbabwe to enable them increase contributions to the mainstream economy.The country aims to achi...
By CAJNews | Published: 23 April 2014
Tetrad Investment Bank's movable property face the hammer after the Deputy Sheriff attached its assets to recover nearly $500 000 which Bindura University of Science and Education had invested with th...
By Staff reporter | Published: 23 April 2014
Zimbabwe will let foreigners keep majority stakes in banks for now because locals have no money to buy shares, the Finance Minister said on Wednesday.But Patrick Chinamasa said the Government would no...
By Reuters | Published: 23 April 2014
KWEKWE-based steel manufacturer, Steelmakers, has been rattled by the liquidity crunch prevailing in the country and this has resulted in turnover plummeting by 50 percent.Steelmakers group general ma...
By Lovemore Zigara | Published: 23 April 2014
Steward Bank intends to close about eight branches across the country, rendering more than 100 employees jobless, as the bank seeks to streamline its costs.The financial institution, currently with 20...
By Tinashe Makichi | Published: 23 April 2014
Gold producer Pan African Mining on Tuesday said it is considering sending workers on a two weeks unpaid rotational leave as a cost-cutting measure since it has not been operating due to lack of elect...
By New Ziana. | Published: 23 April 2014
Belgium is the biggest buyer of Zimbabwean tobacco so far this year with 3,4 million kilogrammes worth $9,1 million having been exported to that country to date, the Tobacco Industry and Marketing Boa...
By New Ziana. | Published: 23 April 2014
The Freda Rebecca Gold Mine and Bindura Nickel Corporation are well posed to boost Mwana Africa's top and bottomline.The multi-commodity mining conglomerate's Zimbabwean operations posted increases i...
By Staff reporter | Published: 23 April 2014
The Zimbabwe Investment Authority approved a total of 30 investment projects valued at $93,4 million in the first quarter of 2014 compared to 37 projects worth $37 million in the same period last yea...
By Staff reporter | Published: 23 April 2014
The United States Treasury's Office of Foreign Assets Control (OFAC) has added to its Zimbabwe sanctions list Sam Pa, a business partner in Sino Zim and Anjin.This means Sino Zim and its various subs...
By Staff reporter | Published: 23 April 2014
Savanna Tobacco says industrial espionage by its tobacco industry arch rivals is suffocating its potential and capacity to increase exports by a factor of at least 50 percent.Executive chairman Mr Ad...
By Staff reporter | Published: 23 April 2014
Local dairy firm, Dendairy is lobbying for offshore funding for a heifer project that would require $6 million over the next five years.Dendairy director Darren Coetzee said the initiative will go a l...
By Staff reporter | Published: 22 April 2014
NMBZ is set to issue another tranche of Small to Medium Enterprises bond following interest from investors and will use other financial sources to beef up the purse to finance targeted enterprises, a ...
By Conrad Mwanawashe | Published: 22 April 2014
A team of Chinese experts to undertake a coal gasification project at the country's sole ammonium nitrate (AN) manufacturer, Sable Chemicals, is expected at the beginning of next month to start work o...
By Staff reporter | Published: 22 April 2014
THE Department of Trade and Industry (the dti) will lead a group of South African companies to the 2014 Zimbabwe International Trade Fair (ZITF), which begins in Bulawayo today.The fair is being held ...
By Fin24 | Published: 22 April 2014
LACK of interest from investors has forced the Industrial Development Corporation to put on hold its gold processing project.The project requires $233 million capital injection.IDC has been seeking te...
By Tinashe Makichi | Published: 22 April 2014
THE disparity between lending and deposit rates in Zimbabwe is widening, dampening the already weak savings culture in the country and its economic recovery, the African Development Bank (AfDB) said.I...
By Staff reporter | Published: 17 April 2014
CONTRACT workers, who were laid off by ZB Financial Holdings last month, are up in arms claiming they were unfairly dismissed.More than 200 workers have been affected by the decision to shed staff.Aff...
By businessdigest | Published: 17 April 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
