FIRST Mutual Holdings has obtained an asset management licence from the Securities Exchange and Commission of Zimbabwe as the group seeks to enhance profitability.The investment unit will start operat...
By The Herald | Published: 01 April 2014
Freda Rebecca plans to raise annual gold output from 60 000 ounces to 100 000 ounces in the next two years, managing director Mr Tonderayi Muganyi said. Mr Muganyi however did not disclose how much th...
By The Herald | Published: 01 April 2014
Zimpapers Newspaper Division again carried the group's performance in the year to December but losses in the commercial printing division and the broadcasting division saw the group restrict its...
By The Herald | Published: 01 April 2014
Minister of Tourism and Hospitality, Engineer Walter Mzembi, is the Zimbabwe Council of Tourism personality of the year.Minister Mzembi was awared the gong on the basis of the successful run of the Un...
By Staff reporter | Published: 01 April 2014
Navistar Insurance Brokers and Global Insurance Company says it is contesting the 'intended' withdrawal of its license by the Insurance and Pensions Commission (IPEC).Navistar managing director Vukile...
By Staff reporter | Published: 01 April 2014
Bakers Inn Shepperton Road branch in Southern Harare has met its bread production target of 400 000 loaves of bread per day after the installation of a new plant, a senior company official said. The ...
By The Herald | Published: 01 April 2014
The Zimbabwe Republic Police (ZRP) on Monday said it does not have the requisite equipment needed to search for gold from suspects, raising fears that large amounts of the mineral are being smuggled o...
By New Ziana | Published: 01 April 2014
Fast foods group, Innscor Africa is dangling a handsome voluntary retrenchment package to its bakery unit employees in a bid to trim down wage bill and operating costs.This comes amid growing frustra...
By Zim Mail | Published: 01 April 2014
Government has secured funding to help small-scale miners acquire equipment that will increase gold produced. Minister of Mines and Mining Development Walter Chidhakwa told members of the senate last ...
By BH24 | Published: 01 April 2014
Caledonia Mining Corporation's pre-tax profit halved in its full-year as falls in the gold price offset positive production rates.Following the implementation of indigenisation in September 2012, Cal...
By Staff reporter | Published: 01 April 2014
Bob Diamonds' Atlas Mara Co-Nvest is set to acquire for cash or shares, ABC Holdings shares representing 50.1% of the total shares issued at a price of 82c per share or the equivalent in Atlas Mara sh...
By Staff reporter | Published: 31 March 2014
Pioneer Corporation's revenue is expected to increase by at least $21 million in 2014 after the incorporation of the business assets and liabilities of Unifreight Limited in December 2013, group actin...
By Staff reporter | Published: 31 March 2014
The successful courting of an investor by Allied Bank Limited will have a significant bearing on its operations and continuation as a going concern.Allied Bank is among seven banks being monitored by ...
By Staff reporter | Published: 31 March 2014
Listed engineering firm ZECO Holdings has remained stuck in the red after posting a loss of $3,3 million for the year ended December 31 2013 due to high operating costs.The $3,3 million loss was the s...
By Staff reporter | Published: 31 March 2014
Hwange Colliery Company experienced a huge dive in profits as the company continues to sag under huge debts which it is failing to pay off.For the year to December 31 2013 the company recorded a loss ...
By Staff reporter | Published: 31 March 2014
Metbank is seeking to introduce mortgage finance as the bank seeks to revive the bank's profitability.The bank's chairman Wilson Manase said the new business line would be launched in the latter part ...
By Staff reporter | Published: 31 March 2014
African Consolidated Resources, which is on the verge of beginning what it terms the country's largest open cast gold operation, recently fired its chief executive officer, Craig Hutton, under unclear...
By Staff reporter | Published: 31 March 2014
National Blankets Limited is slowly emerging out of the woods as it has managed to acquire adequate raw materials to underpin its three-month turnaround programme. The blanket maker was placed under j...
By Staff reporter | Published: 31 March 2014
Dawn Properties Limited, which has gradually come under the orbit of new investors under the Brainworks banner, has put some of its prime properties - Great Zimbabwe Hotel, Hwange Safari Lodge and the...
By Staff reporter | Published: 31 March 2014
First Mutual Holdings Limited (First Mutual) has declared its first dividend of $0,01 per share since dollarisation in 2009.This comes as most companies have struggled to pay dividends following adopt...
By Staff reporter | Published: 31 March 2014
THE $100 million interbank loan facility granted to Zimbabwe by the Africa Export and Import Bank (Afrexim Bank) will not solve Zimbabwe's liquidity challenges, economists say.Analysts said recapita...
By Staff reporter | Published: 31 March 2014
Turnall Holdings Limited recently managed to tie up $8 million worth of deals with South African construction companies, raising expectations that the firm will be able to dig itself out of the curre...
By Staff reporter | Published: 31 March 2014
RIO Zim gold unit, the Cam & Motor will start operations in the second half of the year after signing an engineering procurement and construction contract, the company said. "A new mining op...
By Staff reporter | Published: 31 March 2014
CFI HOLDINGS says trading performance deteriorated in the 5 months ended 28 February with revenue declining by 9 percent to $39,4 million, a company official has said. Goup chief executive officer Mr ...
By Staff reporter | Published: 31 March 2014
Padenga Holdings, a Zimbabwe Stock Exchange listed company, will double the sale of alligator skins in this financial year at its American operation, Lone Star, and at the same time focus on increasin...
By Staff reporter | Published: 31 March 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
