The Zimbabwe Energy Regulatory Authority has revealed that it issued 307 licences to fuel importers, wholesalers, producers, blenders and retailers in 2012 in response to the country's increasing dema...
By Staff reporter | Published: 21 February 2014
The year 2014 is promising to be a good year for sugar production in Zimbabwe. According to Business Monitor International forecast regarding the sugar sector of the country, sugar production is predi...
By Staff reporter | Published: 21 February 2014
GAT Investments, a local company with interest in mining is evaluating the potential of extracting new pyrites deposits in Mazowe, about 40 kilometres north of Harare. Pyrites are mostly used in the p...
By Staff reporter | Published: 21 February 2014
Government will not compromise on its position requiring platinum miners to set up a local refinery and wants mining firms to take hard short-term decisions for future benefit. Mines and Mining Develo...
By Staff reporter | Published: 21 February 2014
AfrAsia Zimbabwe Holdings says its $5 million rights issue was fully subscribed as the financial group continues with fundraising efforts to fund growth and meet regulatory requirements. This will hel...
By Staff reporter | Published: 21 February 2014
Zimasco has partnered Chinese firm Jilin Houyuan in a deal that will culminate in the construction of a sintering plant at a cost of about $250 million in Kwekwe. The ferrochrome producer also conclud...
By Staff reporter | Published: 21 February 2014
CBZ Holdings Limited announces the appointment of Mr. Richard Victor Wilde as Chairman of the board with effect from 20 February 2014. Mr. Wilde is a former Deputy Governor of the Reserve Bank of Zimb...
By Staff reporter | Published: 21 February 2014
Cafca MD Rob Webster told the AGM that the copper barter recycling deal has put the firm in a profitable situation as they expect the profit to go up 30% year-on-year."The barter deal started la...
By Staff reporter | Published: 21 February 2014
Telecel Zimbabwe (Private) Limited has said the attempt by the Prosecutor-General, Johannes Tomana, to appeal against the Supreme Court ruling forcing him to issue a certificate for the private prosec...
By Staff reporter | Published: 21 February 2014
MINES Minister Walter Chidhakwa has suggested that only one company could survive the purge expected on diamond mining operations in Chiadzwa, with the rest likely to be forced to merge.Indications ar...
By Staff reporter | Published: 21 February 2014
THE purchase of Zuva Petroleum assets by a company owned by John Mushayavanhu has torched off controversy over allegations the banker could be fronting for a British-based commodities firm, Glencore H...
By Staff reporter | Published: 21 February 2014
Zimbabwe expects to rake in nearly $35 million from the second auction of its diamond in Antwerp, Belgium this week. The country - planning to resume local auctions this year - put over 923 000 diamon...
By Staff reporter | Published: 21 February 2014
Listed Chemco Holdings limited plans to convert a debt owed to TSL into equity. Consequently, TSL - owed around $2 million - will increase its shareholding to 81.64% in the agro-focused group. Chemco ...
By Staff reporter | Published: 21 February 2014
Mines minister Walter Chidhakwa has said government is committed to carrying out a thorough due diligence analysis on the two companies that have been shortlisted to set up a platinum refinery in the ...
By Staff reporter | Published: 21 February 2014
Chemco Holdings plans to delist from the Zimbabwe Stock Exchange this year as it seeks shareholder approval for the transaction due to limited retail and institutional investor interest in Chemco shar...
By Staff reporter | Published: 21 February 2014
The 2014 tobacco selling season opened yesterday with the first bale selling at $4,85 per kilogramme which is slightly higher than the $4,50 offered last year. At least 185 million kilogrammes of toba...
By Staff reporter | Published: 21 February 2014
Delta is spending close to $12 million on the expansion of its Chibuku Super plant in Chitungwiza, with annual production expected to triple to 1.8 million hectolitres. The plant will be completed by ...
By Staff reporter | Published: 21 February 2014
Zimbabwe has reduced licence fees for local diamond polishing and cutting firms from $100 000 to $20 000 annually. The licence is valid for 10 years. Walter Chidhakwa, the Mines minister, t...
By Staff reporter | Published: 21 February 2014
State-owned wireless network operator, NetOne, says it is owed $10 million by government, a development that has affected its operational efficiency. Its chief executive, Reward Kangai, said the...
By Staff reporter | Published: 21 February 2014
The liquidation hearing of Trust Bank Corporation has been postponed to next month after the Reserve Bank of Zimbabwe failed to file its heads of arguments in response to the opposing affidavit from ...
By Staff reporter | Published: 21 February 2014
The Ministry of Transport and Infrastructure Development was at the core of the rot at Air Zimbabwe as it emerges that Frank Chitukutuku, the Zimbabwe National Roads Administration CEO, is among the ...
By Staffr eporter | Published: 21 February 2014
NMB Bank Limited is looking to raise about $5 million from investors such as pension funds to provide loans for Small and Medium Enterprise companies that have the capacity to pay back the money, NMB...
By Staff reporter | Published: 21 February 2014
South African firm Vasari Global's bid to acquire Cairns Holdings is back on track after the parties agreed on a valuation following disputes over the purchase price. Sources said it was now mor...
By Staff reporter | Published: 21 February 2014
Zimbabwe is planning to establish a provisional diamond exchange by the end of the first half of this year, Mines and Mining Development Minister Walter Chidhakwa has said. Addressing the media ...
By Staff reporter | Published: 21 February 2014
The Tobacco Industry and Marketing Board says it will be on the lookout for nesting when the 2014 marketing season for the "golden leaf" opens today. Nesting tobacco means placing good quality t...
By Staff reporter | Published: 21 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% 
Harare urged to privatise service delivery 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
