The 2014 tobacco selling season will open today with 47 percent of the crop expected to come from communal farmers. Stakeholders have expressed confidence that the 2014 selling season would surp...
The Civil Aviation Authority of Zimbabwe lost hundreds of thousands of United States dollars through undercharging landing fees for airlines using Harare, Victoria Falls and Joshua Nqabuko internatio...
For FY 2013, Chemco posted an improved operating performance following the restructuring of the company. The operating loss reduced by 83% to $153,256. Net gearing deteriorated to an untenable 1...
Zimbabwe's Ministry of Information Communication Technology (ICT), Postal and Courier Services will stage an e-Tech Africa expo conference and exhibition from 11 - 14 March 2014.The theme for this ye...
Global telecoms operator Telecel International has denied rumours that it is pulling out of Zimbabwe. The company on Monday dispelled reports that it was shutting down because it was reluctant to pay...
Meikles has warned of a deflationary period in Zimbabwe as it takes legal action against the Reserve Bank of Zimbabwe and Ministry of Finance and Economic Development to recover funds held on deposit...
Ariston is anticipating a substantial improvement in profits from the majority of its business units, namely Claremont Estates which produces pome and stone fruit, Southdown Estates which farms tea, ...
Information, Media and Broadcasting Services Minister Jonathan Moyo has withdrawn Dennis Magaya's appointment as Zimbabwe Broadcasting Corporation board chair for his alleged involvement in salary an...
Meikles Limited says depressed consumer demand in the country has hit its departmental retail stores. Group chairman John Moxon said trading in their supermarkets, particularly in groceries, has...
Zimbabwe seeks to reengage the European and Americas tourism markets as part of efforts to boost depressed tourist receipts. This comes as President Mugabe's administration had in the early 2000...
Togo-based Ecobank International - owners of Ecobank Zimbabwe Limited (EZL) - plans to embark on a capital raising exercise and could also be considering mergers and acquisitions in the financial sec...
Zimbabwe-focused London Alternative Investment Market-listed Cambria Africa Plc says it is excited about the prospects at Millchem Holdings and PayServe Africa. In a trading update last month, t...
Government will soon announce the winning bidder for the establishment of a platinum refinery in the country, Mines and Mining Development Minister Walter Chidhakwa has said. The plant will see ...
Meikles Limited is set to expand its footprint into the mining sector after it announced that it had concluded a chrome opportunity and had identified its first gold project. Well placed source...
Zvishavane-based platinum miner, Mimosa Mining Company has said it will increase production of the white metal to 110 000 ounces in the full year to June 2014, as it forges ahead with its expansion pr...
Tourism ministry's aim to contribute $5 billion towards the country's gross domestic (GDP) product by 2018 faces new hurdles posed by government's restrictive policies.Last year, Zimbabwe intro...
Stakeholders in tourism industry last week called on the ministry of Finance to stop the implementation of the 15% value added tax (VAT) on international arrivals, saying the new measure was cou...
Ariston Holdings Limited will focus on a successful harvesting and sale of the substantially increased major produces, CE Paul Spear told the AGM on Friday."We're just at the beginning of a very busy ...
STRUGGLING broadcaster, Zimbabwe Broadcasting Corporation (ZBC), will not be able to meet the international digitalisation deadline of 2015 if government does not avail funds, Parliament heard last we...
The Premier Service Medical Aid Society board of directors on Friday dissolved itself with immediate effect. Chairperson Luxon Zembe; his deputy Newton Mhlanga; Advocate Moses Mtombeni; Secretary for ...
Businessman and FBC Holdings group chief executive officer John Mushayavanhu has successfully purchased Zuva Petroleum - former BP & Shell assets - from Masawara. This was after regulatory authori...
ALLIED Bank is considering recapitalising through a placement of shares to potential investors, failure of which it will downgrade its banking license to a deposit taking micro-finance institution."T...
Ariston Holdings says there has been significant uplift in output on all farms with a lot more potential going forward as the group’s rehabilitation programme begins to pay off. Giving an update of ...
African Distillers (Afdis) Limited turnover grew by 11%, whilst volumes declined by 2% in 2013, owing to the tough economic environment, the company said in a commentary accompanying its half year res...
A High Court ruling that Interfin Securities (Private) Limited (Interfin) must return Remo Investment Brokers (Private) Limited (Remo)'s shares worth $3,3 million has presented market regulators and Z...