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
Diversified group Innscor Africa Limited plans to consolidate its bakery operations in Harare due to a decline in demand.Innscor board chairman David Morgan said bread production would be done at th...
By Staff reporter | Published: 06 March 2014
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
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
