The contract farming arrangement between the Grain Millers Association of Zimbabwe and the Bakers Association has failed due to "poor long-term commitment".GMAZ president Tafadzwa Musarara told the in...
By Staff reporter | Published: 06 March 2014
Lafarge's full year revenue is expected to improve by 10% compared to 2013 and $7 million will be spent on capital expenditure during the year to improve plant efficiencies, finance director Far...
By Staff reporter | Published: 06 March 2014
Econet Wireless Zimbabwe has distanced itself from an alleged row involving agents for its mobile money transfer, saying the company never had "exclusive contracts" with any of its dealers. Telecel, w...
By Staff reporter | Published: 06 March 2014
HWANGE Colliery Company Limited (HCCL), the country's largest coal miner, is to increase output from 150 000 tonnes to more than 450 000 tonnes by end of this month, The Financial Gazette's Companies ...
By Staff reporter | Published: 06 March 2014
AN executive with power utility, ZESA Holdings, is embroiled in a multi-million dollar scandal in which he allegedly authorised a company called Revma to supply a prepaid billing platform and meters w...
By Staff reporter | Published: 06 March 2014
Samsung Africa Electronics (Samsung) says it will need to gain trust in government before optimally investing in Zimbabwe.The electronics group - targeting a $10 billion investment in Africa by 2015 -...
By Staff reporter | Published: 06 March 2014
Zimbabwe is among 10 least attractive mining investment destinations, ranking 106 out of 112 countries, according to the latest Fraser Institute survey.Among the 10 lowly- rated jurisdictions, the Can...
By Staff reporter | Published: 06 March 2014
An unnamed Mauritius Stock Exchange-listed company is set to inject $30 millionn for a controlling stake in Allied Financial Holdings, the parent company of financial services entity, Allied Bank. The...
By Staff reporter | Published: 06 March 2014
Mwana Africa says it has achieved major milestones in terms of operations and the financial performance of its Zimbabwe subsidiaries and this is reflecting in the group's share price. The London Alter...
By Staff reporter | Published: 06 March 2014
Mobile telecommunications company Econet Wireless on Tuesday launched a platform that provides free access to over 50 educational websites.The company, which has invested millions in support of educat...
By New Ziana | Published: 05 March 2014
ZSE-listed Innscor Africa Limited has transferred its share transfer secretarial services to Corpserve Registrars Limited.The change is with effect from March 1 2014. A share transfer secretary is res...
By Staff reporter | Published: 05 March 2014
Zimplow CE Zondi Kumwenda told an analysts briefing today that they are pleased by the group's structure which emerged after the restructuring last year and they are "now focused on the businesses the...
By zfn | Published: 05 March 2014
Truworths' in-store card which was launched in October 2013 has boosted the group's sales and contributed to cash generation, CE Themba Ndebele told an analysts briefing yesterday.Retail sales and gro...
By Staff reporter | Published: 05 March 2014
CABS says it will lend $100 million in mortgaging financing this year and has doubled the repayment period in a boost for the property sector.Responding to questions from NewsDay, CABS managing direct...
By Staff reporter | Published: 05 March 2014
Old Mutual Assurance Zimbabwe Limited (OM) is set to acquire another 11,7 percent stake in hard-pressed building materials manufacturer, PG Industries (PG), after a bailout deal.The insurance group wi...
By Staff reporter | Published: 05 March 2014
Zimbabwe has auctioned tobacco worth $16 million since the opening of the 2014 selling season mid-February.The figure, according to statistics from Tobacco Industry and Marketing Board (Timb), is up f...
By Staff reporter | Published: 05 March 2014
Zimbabwe's platinum output is expected to rise 21,5 percent to 13 tonnes this year from 10, 2 tonnes produced in 2013, according to the Zimbabwe Economic Analysis and Research Unit (Zeparu).In its rep...
By Staff reporter | Published: 05 March 2014
Distressed hygiene and health products maker, Reckitt Benckiser Zimbabwe (RB), is auctioning its plant and equipment, signalling a total collapse of the company.The assets are set to go under the hamm...
By Staff reporter | Published: 05 March 2014
COOKING oil manufacturer, Surface Investments plans to install a new refinery within the next two years to triple production from the current three million litres a month, an official said yesterday.T...
By New Ziana. | Published: 05 March 2014
SOME local banks have started opening accounts for transacting in the Japanese yen, Chinese yuan, Australian dollar and Indian rupee following the expansion of the country's foreign currency basket by...
By Staff reporter | Published: 05 March 2014
African Sun has entered into a sale agreement for Dawn Properties' linked units with Lengrah Investments, a related party. This will result in the hotel group disposing of 406 466 976 Dawn Properties'...
By Staff reporter | Published: 05 March 2014
Olivine Industries Limited requires about $32 million to increase capacity and retool its plant. The fast foods consumer goods manufacturer's production capacity plunged by 82% from about 202 330 tonn...
By Staff reporter | Published: 05 March 2014
African Consolidated Resources plc has declared an ore reserve estimate of 16.6Mt, containing 1.02Moz at 1.9g/t, and an updated resource of 62.0Mt containing 3.56Moz at 1.8g/t - both in accordance wi...
By Staff reporter | Published: 05 March 2014
Despite all its economic and political drawbacks, Zimbabwe still offers Impala Platinum (Implats) its most attractive growth prospects as the group's mainstream operations in South Africa are hammere...
By Staff reporter | Published: 04 March 2014
News gathered from a regional tech website has it that it has a VAS offering, Voice SMS, which is set to hit the local market before the end of the year through a yet to be identified service provider...
By TechZim | Published: 04 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% 
Harare urged to privatise service delivery 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
