Econet Wireless' mobile money transfer service EcoCash has handled over $4 billion since inception in 2011.Group chief executive Mr Douglas Mboweni told Parliamentarians during a familiarisation tour ...
By Golden Sibanda | Published: 11 April 2014
ECONET Wireless Zimbabwe's electronic banking product, EcoCash Save, has bolstered the deposit base of its commercial banking sibling, Steward Bank, a senior executive said. Steward Bank chief executi...
By Staff reporter | Published: 10 April 2014
The world's largest beverages firm, Coca Cola, has injected in excess of $100 million into Zimbabwe over the past three years, The Financial Gazette reported.Coca Cola's business in Zimbabwe comprises...
By Staff reporter | Published: 10 April 2014
TELECEL Zimbabwe network coverage has increased by 35 percentage points to 85 percent since Zimbabwe's economy was dollarised in 2009. According to Telecel, which has invested over $50 million into ne...
By Paul Nyakazeya | Published: 10 April 2014
VUMBACHIKWE Gold Mine in Gwanda has resumed operations after it was temporarily shut down last month following failure to adhere to an order from the Environmental Management Agency (EMA) to protect t...
By Staff reporter | Published: 10 April 2014
Innscor Africa's meat processor Colcom is tipped to more than double its year to June 2014 profits to $4,8 million on the back of refurbishments and an expansion programme, analysts projected.Colcom r...
By Business Live | Published: 10 April 2014
AfrAsia Bank Zimbabwe (AfrAsia)'s managing director Tineyi Mawocha has resigned.His resignation, under yet unclear circumstances, is barely three months after his appointment.Sekai Chitemerere, AfrAsi...
By Business Live | Published: 10 April 2014
Spectrum has been allocated to Zimbabwean telecom companies that want to run LTE enabled broadband networks, the local regulator has confirmed.This move by the Posts and Telecommunications Regulatory ...
By ITWeb Africa | Published: 10 April 2014
Econet Wireless has contributed a cumulative $900 million to the local economy, an official has said.Speaking during the tour of Econet's premises in Graniteside and Willowvale by Parliamentarians th...
By Staff reporter | Published: 11 April 2014
Delta Beverages recorded a 1% decline in revenue for the 12 months to 31 March 2014 while the total beverage volume remained flat on prior year and down 6% for the fourth quarter, zfn reported.In a t...
By Staff reporter | Published: 10 April 2014
TELONE'S digitalisation of the Gweru Exchange Centre and the rollout of its fibre network is moving at a snail's pace due to failure by customers to settle their bills.The fixed telecommunications ope...
By Staff reporter | Published: 10 April 2014
ONE of the country's mobile operators NetOne, has entered into a partnership with the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), which will see the mobile phone's One Wallet s...
By Staff reporter | Published: 10 April 2014
THE country's largest blanket manufacturing company, National Blankets' judicial manager Philip Ndlovu, says the Bulawayo company is now debt-free and is working on addressing working capital challeng...
By Staff reporter | Published: 10 April 2014
Life assurance companies in Zimbabwe recorded a healthy 34 percent growth in gross premiums written for the year to December 31 2013, according to the latest report released by the Insurance and Pensi...
By Staff reporter | Published: 10 April 2014
BANK lending to Zimbabwe's private firms contracted from an annual growth of 28,77 percent in February 2013 to 1,5 percent due to tighter credit policies resulting from rising non-performing loans and...
By Staff reporter | Published: 10 April 2014
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
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
