CBZ Bank Limited (CBZ) has agreed on a settlement plan with Reserve Bank of Zimbabwe (RBZ)'s subsidiary Tuli Coal (Tuli) following plans to attach the latter's property over an unspecified debt.The fi...
By Staff reporter | Published: 14 February 2014
Zimbabwe has been ranked 18th in the Bloom Consulting Country Brand Ranking, which focus on the appeal of countries in the fields of Tourism and Investment.The Bloom Consulting Country Brand Ranking, ...
By Staff reporter | Published: 14 February 2014
For the first time, mobile penetration has exceeded 100 percent mainly driven by subscriber growth from Econet Wireless and Netone. The country's second largest operator was apparently at receiving en...
By TechZim | Published: 14 February 2014
The Zimbabwean government says it has shortlisted two companies for the establishment of a platinum refinery in the country. According to a report by local news agency, the two companies were sho...
By Staff reporter | Published: 14 February 2014
SUSPENDED Air Zimbabwe CEO Innocent Mavhunga and his predecessor, Peter Chikumba, have been arrested on multi-million dollar fraud charges.On Wednesday, company secretary Grace Nyaradzo Pfumbidzayi, 4...
By Staff reporter | Published: 14 February 2014
A NUMBER of hotels in Bulawayo are fully booked while bookings are still in progress for the rest of the hotels ahead of the Zimbabwe Trade Fair (ZITF) in April.A survey by Business Chronicle showed t...
By Staff reporter | Published: 14 February 2014
Mwana Africa Plc, a producer of nickel, gold and diamonds, plans to reopen a smelter in northeastern Zimbabwe to refine platinum-group metals in a move that could ease pressure to build a new refiner...
By Bloomberg | Published: 14 February 2014
NMB Bank has signed a $10 million loan agreement with Frenchbased development finance institution Proparco.The facility has a five-year tenure and is expected to finance local businesses in need of lo...
By Rumbidzayi Zinyuke I BH24 | Published: 13 February 2014
ZIMBABWE imports medicinal products such as drips yet it could manufacture them locally but due to lack of capital, manufacturing plants are lying idle.Pharmaceuticals and Personal Care Products Manuf...
By Lulu Brenda Harris | Published: 13 February 2014
Afdis reported a reasonable set of results showing 11% growth in turnover to $18.4m on the back of a favourable sales mix which positively impacted trading margins. Nonetheless, sales volume declined ...
By Staff reporter | Published: 13 February 2014
Excavation works for a new runway and compaction for foundation for a new terminal building at the Victoria Falls International Airport are now complete as the $150 million expansion project takes sha...
By Staff reporter | Published: 13 February 2014
THE National Railways of Zimbabwe (NRZ) plans to sell more than 30,000 tonnes of scrap metal to raise working capital.Speaking during a tour of NRZ facilities in Bulawayo organised by the Zimbabwe Nat...
By Staff reporter | Published: 13 February 2014
SUSPENDED Air Zimbabwe company secretary and acting managing director Grace Pfumbidzayi was yesterday picked up by the police CID Serious Frauds Squad on six charges of fraud involving $7 million in r...
By Staff reporter | Published: 13 February 2014
THE High Court has ordered Interfin Securities to return to Remo Investment Brokers share certificates it lodged with different firms as security for a loan, within three days, failure of which the De...
By Staff reporter | Published: 13 February 2014
MULTICHOICE'S Digital Terrestrial Television (DTT) GOtv has been scrambled placing local viewers in panic mode.GOtv has not been broadcasting since the beginning of this month.The failure by the servi...
By Staff reporter | Published: 13 February 2014
OK Zimbabwe has opened a world class technology shop hosting Zimbabwean technological players with all mobile network operators and VoIP operators sharing the same roof to reach out to the new cliente...
By Staff reporter | Published: 13 February 2014
Barclays Bank Zimbabwe's net interest income increased by 61% to $12.31 million while non-funded income went down by 9% to $27.19 million which reflects the effects of the capped charges on fees and c...
By Staff reporter | Published: 12 February 2014
Barclays Bank Zimbabwe grew its loan book by 26% in the full year ended 31 December 2013 and will focus on increasing the level of lending in 2014, MD George Guvamatanga told an analyst briefing yeste...
By Staff reporter | Published: 12 February 2014
Government has dismissed claims that Essar Africa Holdings is delaying works to reopen Ziscosteel which has been renamed New Zimbabwe Steel because of power shortages currently being experienced in th...
By Staff reporter | Published: 12 February 2014
The sale of TN Bank to Econet Wireless in February 2013 generated frenzied speculation. It was claimed then, that Tawanda Nyambirai, the CEO of Lifestyle Holdings had fallen out with Strive Masiyiwa, ...
By Staff reporter | Published: 12 February 2014
Luxon Zembe has been ousted as CBZ Holdings Limited (CBZ) chairman in a
development possibly related to the fallout of the Premier Service
Medical Aid Society (Psmas) salaries debacle.As the busines...
By Staff reporter | Published: 12 February 2014
Top management at the Grain Marketing Board (GMB) has been fingered in a looting spree as the company struggles to service a $108 million maize import debt.Documentary evidence in possession of the Da...
By Staff reporter | Published: 12 February 2014
Corruption-embattled national flag carrier's board
has been dissolved with immediate effect together with other four boards
falling under the Ministry of Transport and Infrastructure Development.&nb...
By Staff reporter | Published: 12 February 2014
Stanbic Bank's parent company, Standard Bank group, Africa's largest lender by assets, has been named the winner of Best Foreign Exchange Provider in Africa 2014 for a second successive year. Standar...
By Staff reporter | Published: 12 February 2014
The re-opening of NewZim Steel - formerly Ziscosteel - has been postponed due to extensive refurbishments taking place at the plant, Industry minister Mike Bimha has said. Bimha, who could not give sp...
By Staff reporter | Published: 12 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
