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
THERE is no need for Zimbabwe to import cement from neighbouring countries because local cement producers have the capacity to meet the current demand, an industry official has said.Zimbabwe is curren...
By Staff reporter | Published: 07 April 2014
Central bank deputy governor Kupukile Mlambo says the country's banking system is outdated and called on the sector to embrace new technology.Mlambo castigated the banking model in use as traditional ...
By Staff reporter | Published: 07 April 2014
Zimbabwe's fuel consumption has more than doubled in the past three years although the country's major industries are sneezing. Figures compiled by the Zimbabwe Energy Regulatory Authority show that c...
By Staff reporter | Published: 07 April 2014
Five thousand small scale miners are this month set to benefit from funding and equipment from Pact, a non-governmental organisation.The Zimbabwe Artisanal and Small Scale Mining Council (Zasmc)...
By Staff reporter | Published: 07 April 2014
South Africa-based Impala Holdings Limited (Implats)' Zimbabwe unit, Zimplats, has appointed former Glencore Xstrata top official Andile Sangqu as non-executive director.His appointment is with effect...
By Staff reporter | Published: 07 April 2014
Zimbabwe's banking sector deposits stagnated at $4 billion in 2013, indicating tightening liquidity conditions, according to Agribank chief executive Sam Malaba.He said about 80 percent of the deposit...
By Staff reporter | Published: 04 April 2014
Government says it will next week invite bids for the supply of 50-65 seater airbuses to Air Zimbabwe, to service its local and regional routes.At a media briefing in Harare Thursday, the minister of ...
By Staff reporter | Published: 04 April 2014
CAIRNS Holdings Limited has completed evaluating its business in preparation for a fresh capital injection by prospective investor, Vasari Global Limited.It was not immediately clear what the value of...
By Staff reporter | Published: 04 April 2014
QV pharmacies is set to be placed under final judicial management after the company recorded a slight increase in gross profit for the two months ending 28 February 2014.The company recorded a 5 perce...
By Staff reporter | Published: 04 April 2014
CBZ Holdings Limited has appointed Mr Never Nyemudzo to the position of group chief executive effective May 1 2014 after outgoing CEO Dr John Mangudya was elevated to take charge at the central bank.D...
By Staff reporter | Published: 04 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
