Telecel has gone into a partnership with the Harare City Council that will allow ratepayers to pay the City Council bills using telecash.Telecash is the mobile money transfer service launched recently...
By Staff reporter | Published: 10 March 2014
Zimbabwe should consider auctioning its diamonds in the country to reduce costs that it incurs through logistical arrangements to sell the gems in Antwerp, Belgium, an expert said on Friday.Sale of Ma...
By New Ziana | Published: 10 March 2014
Diamond miner, Anjin Investments says it is struggling to keep its operations running due to falling ore grades and recoveries at its concession in the Marange fields.A joint venture between China's A...
By New Ziana | Published: 10 March 2014
Mbada Diamonds says it has realised over $1 billion in sales revenue in nearly five years of operations in the Marange diamond fields in Manicaland Province.This is in spite of years of operating unde...
By New Ziana | Published: 10 March 2014
Diamond companies operating in Marange are gearing up to invest in machinery that will enable them to mine the deep seated conglomerate and kimberlitic diamonds following the depletion of the alluvial...
By Staff reporter | Published: 10 March 2014
Hunyani Holdings Limited is facing considerable pressure on margins and is performing below budget at operating profit level due to various factors such as competition and shrinkage of market, group M...
By Staff reporter | Published: 10 March 2014
NicozDiamond will focus on managing costs and maintaining a healthy bottom line in F14 as revenue growth is expected to be subdued in line with a downcast economic environment, managing director Grace...
By Staff reporter | Published: 10 March 2014
THE country's largest fuel retailer, Total Zimbabwe will this year invest about $10 million towards the re-branding and refurbishment of its service stations across the country over the next years, a ...
By Business Reporters | Published: 10 March 2014
LISTED retail conglomerate Innscor Africa Limited's top line vaulted by 55,4 percent in the interim to December 2013, but the difficult operating environment and huge overheads took the gloss of...
By Business Reporter | Published: 10 March 2014
African Consolidated Resources Plc, an Alternative Investment Market listed gold mining company with significant interest in Zimbabwe, is undertaking a due diligence exercise with a major ...
By Business Reporter | Published: 10 March 2014
SOME retail outlets in the country have in the recent past weeks started dishing out coins as change to their customers as they try to cash in on the weakening South African Rand.This was unlike in th...
By Staff reporter | Published: 10 March 2014
PROPERTY investors in Zimbabwe are shifting focus from office to retail shops due to increased demand for retail space in the central business district (CBD), a local analyst has said.Addressing stake...
By Staff reporter | Published: 10 March 2014
TN Harlequin Luxaire, the furniture arm of Lifestyle Holdings, is locked in a bitter labour dispute with about 40 workers over outstanding salaries and benefits.In the matter, which has spilled into a...
By Tonderai Mukeredzi | Published: 10 March 2014
The mining sector has potential to attract $12 billion in new investment over the next five years, but Zimbabwe's high mining fees could scare off investors, a World Bank report on trade and competit...
By Staff reporter | Published: 10 March 2014
Pretoria - Platinum mining companies are paying their chief executive officers 199 times more than they are paying mineworkers, the Association of Mineworkers and Construction Union (Amcu ) said on Th...
By Sapa | Published: 07 March 2014
Zimbabwe's 2013 gold deliveries went down 6.02% to 12 663.39kg from 13 474.43kg in 2012. In a January 2014 monthly economic review, the African Development Bank (AfDB) said the 2013 output was way bel...
By Staff reporter | Published: 07 March 2014
Impala platinum Holdings (Implats) says its Zimbabwean operation, Zimplats, is set to spur the group's growth forecasts despite economic and political shortcomings. This comes as the South Africa-base...
By Staff reporter | Published: 07 March 2014
St Anne's Hospital, a subsidiary of pharmaceutical group Caps Holdings, could become a subject of a hostile takeover bid by "a suitor" said to be linked to its former landlord following the expiry of ...
By Staff reporter | Published: 07 March 2014
The sale of prepaid electricity tokens through state-owned enterprises has failed to take-off amid reports that PowerTel and its technical partner E-Solutions are struggling to provide a solution for ...
By Staff reporter | Published: 07 March 2014
CBZ Bank has lost $600 000 after a tobacco auction floor it advanced the money as an overdraft facility went into liquidation before it settled the debt. The overdraft facility extended to Millennium ...
By Staff reporter | Published: 07 March 2014
NMB announced the appointment of Ben Zwinkles representing AfricInvest, Cheikh Ndiaye representing the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. and Deepak Malik representin...
By Staff reporter | Published: 07 March 2014
Rio Tinto has announced the dates of its first rough diamond tender of 2014, which will be held in Israel and Antwerp from March 9 to 28.The tender will offer 124 lots from the Argyle (Australian), Di...
By Staff reporter | Published: 06 March 2014
The Cotton Company of Zimbabwe (Cottco) expects production of the crop to rise this year as more farmers utilise the communication facility that it introduced to relay technical information.Cottco int...
By New Ziana | Published: 06 March 2014
Zimbabwe Stock Exchange listed firm National Foods Holdings Ltd says it will invest $5,3 million for capital expenditure projects to boost capacity.In a statement accompanying the financial results fo...
By Staff reporter | Published: 06 March 2014
Colcom Holdings Limited group has declared an interim dividend of US0,4c per share after posting a 86 percent increase in profit after tax for the six months to December 31 2013.In a statement, Colcom...
By Staff reporter | Published: 06 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
