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
SCHWEPPES Zimbabwe Limited has moved to acquire Beitbridge Juicing, based in the similarly named border town, in a bid to consolidate its position in the non-carbonated beverage market.Schweppes, a ma...
By Staff reporter | Published: 04 March 2014
CBZ Holdings (CBZ) is in talks with the government to ensure farmers can use their land as security to access advance loans for agriculture operations.Some farmers hold 99-year lease agreements from t...
By Staff reporter | Published: 04 March 2014
The Commercial Bank of Zimbabwe (CBZ), which is the current majority shareholder in bread maker, Lobels says about three investors have expressed interest to buy the company.CBZ Group chief executive...
By Staff reporter | Published: 04 March 2014
Cairns, the agro-processing firm, currently under judiciary management, plans to revive its Bulawayo pasta producing plant before year-end, subject to availability of investment funds, a senior compan...
By Staff reporter | Published: 04 March 2014
EcoCash Services chief operating officer Japhet Aritho says the Ecocash Payroll system will offer access to credit lines to small to medium enterprises and companies using the platform depending on t...
By Staff reporter | Published: 04 March 2014
GRINDROD Trading has acquired a 51 percent stake in Bulawayo-based fast moving consumer goods manufacturer United Refineries Ltd, managing director Mr Busisa Moyo said. "We have just concluded the tra...
By Staff reporter | Published: 04 March 2014
ZIMSWITCH has broken the impasse with Econet Wireless Zimbabwe over restricted access to its mobile money transfer system, unstructured supplementary service data, with the latter's banking unit now c...
By Staff reporter | Published: 04 March 2014
The Zimbabwe Stock Exchange listed firm AICO Africa Lt has rebranded to Cottco Holdings Ltd with effect from today.The company said shareholders had approved the name change. "The Board of directors a...
By Staff reporter | Published: 03 March 2014
Zimbabwe has been hit by severe electricity outages following a breakdown at a power plant that accounts for about half its national production, state utility ZESA said on Thursday. Homes and business...
By Reuters | Published: 03 March 2014
A proposed 15 percent levy on Zimbabwe's platinum exports equated to a "punishment" that threatened the industry, the country's mining lobby said this week.In December last year the government propose...
By Bloomberg | Published: 03 March 2014
Diversified South African construction company, Group Five, says it is targeting concessions opportunities in Zimbabwe.This was said by CEO Mike Upton while presenting the company's results for the si...
By Staff reporter | Published: 03 March 2014
Art reported a nominal decrease of 7% in its turnover to $10.6 million in the first 4 months of its current financial year, CE Richard Zirobwa told the AGM earlier today."Our trading hasn't been too g...
By Staff reporter | Published: 03 March 2014
THE Associated Mine Workers' Union of Zimbabwe (AMWUZ) and the Chamber of Mines have reached a deadlock in the 2014 wage negotiations after the chamber refused to award a Poverty Datum Line- linked in...
By Staff reporter | Published: 03 March 2014
FINANCE and Economic Development Minister Patrick Chinamasa has summoned senior management of an international bank in the country to provide explanation on why the bank has drastically cut its lendin...
By Staff reporter | Published: 03 March 2014
Government is probing Air Zimbabwe's leasing of an Embraer 50-seat plane, amid fears the embattled airline has lost millions of dollars through a huge fixed monthly rental for the jet.Impeccable sourc...
By Richard Chidza | Published: 03 March 2014
The Reserve Bank of Zimbabwe has barred mobile money agents from entering into exclusive agreements with individual mobile cash payment system operators, saying the move was meant to curb monopolies i...
By Staff reporter | Published: 03 March 2014
The National Railways of Zimbabwe plans to set up two manufacturing plants in Bulawayo at a combined cost of $14 million to revive its comatose operations laid low by debt, undercapitalisation and mis...
By Staff reporter | Published: 03 March 2014
The African Development Bank (AfDB) is set to strengthen its foothold in Zimbabwe by constructing its offices in the country.The regional financier's Zimbabwe Field Office, which is currently housed ...
By Staff reporter | Published: 03 March 2014
AfriAsia Zimbabwe Holdings posted a profit of $174 862 for the half year ended 31 December 2013. This was a 91 percent decline from the prior comparable profit of $1,9 million.The figures in the stat...
By Staff reporter | Published: 03 March 2014
Profits of Impala Platinum Holdings-owned Zimplats jumped 237% to R246m for the interim period to February 2014.As a result, Zimplats contributed 28.6% to Impala’s total profits.Impala CEO Terence ...
By fin24 | Published: 03 March 2014
Mashonaland Holdings' 4 months to January 2014 revenue declined by 4% to $2.5 million, CE Manfred Mahari told the AGM earlier today.However, he said this was 9% ahead of financial plan of $2.3 millio...
By Staff reporter | Published: 03 March 2014
CBZ Holdings recorded write off totalling $32 million for the year ended 31 December 2013 as the firm continues to mobilise long term funding, CEO John Mangudya told an analyst briefing yesterday.The...
By Staff reporter | Published: 03 March 2014
Zimplats Holdings grew its revenue by 51% to $267 million from the same period last year due to a 62% increase in platinum sales volume from 70 225 ounces to 113 876 ounces. The impact of the increase...
By Staff reporter | Published: 27 February 2014
Public Service minister Nicholas Goche yesterday admitted before Parliament that management at the National Social Security Authority had made some imprudent investments using public funds. Goche made...
By Staff reporter | Published: 27 February 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
