AfrAsia (Zimbabwe) Bank Limited is forging ahead with plans to claim a spot among the top five banks in the country.Late last year Mauritian banking group AfrAsia Bank Limited (ABL) CEO James Benoit s...
By Staff reporter | Published: 11 February 2014
The Zimbabwe National Road Administration has resumed disbursing funds directly to local authorities, with at least $1,7 million in road maintenance funds earmarked for urban and rural councils in the...
By Staff reporter | Published: 11 February 2014
Zimbabwe's readmission on the London Bullion marketing association could be a reality by October this year following revelations that Fidelity Printers and Refiners are collecting just under a tonne o...
By Rumbidzayi Zinyuke | Published: 11 February 2014
The government has directed the Deposit Protection Corporation (DPC) to implement new regulations aimed at rescuing depositors from losing savings after the closure of a bank.The new banking regulatio...
By Staff reporter | Published: 11 February 2014
The Africa Export Import Bank (Afreximbank) says it has finalised a $100 million facility with the government to revive the interbank trading system next month.In a development that is expected to eas...
By Staff reporter | Published: 11 February 2014
The Ministry of Transport and Infrastructure Development says it has received the long awaited Air Zimbabwe report from the BCA Forensic Auditors' firm.Transport and Infrastructure Development Ministe...
By Staff reporter | Published: 11 February 2014
Tobacco auction floors are putting up final touches at their premises ahead of the start of the 2014 tobacco selling season set for next week. The 2014 tobacco selling seasons begins on February 19 wi...
By Staff reporter | Published: 11 February 2014
Zimbabwe loses at least $14 billion in potential revenue every year when it exports diamonds in their raw form, parliamentarians heard yesterday. Zimbabwe Diamonds Technology Centre (ZDTC) chairperson...
By Staff reporter | Published: 11 February 2014
Hwange Colliery Company Ltd has secured $11 million from the Export-Import Bank of India for the acquisition of plant and machinery, sources familiar with the transaction said on Friday. The loan faci...
By Staff reporter | Published: 11 February 2014
NetOne and TelOne should be weaned from procuring goods and services through the State Procurement Board to level the ground with their competitors who are not subjected to such bureaucratic procedure...
By Staff reporter | Published: 11 February 2014
Another online payments company, FloCash, has announced the expansion of eCommerce payments services into Zimbabwe.This comes barely a week after PesaPal, a popular Eastern African internet payment ga...
By TechZim | Published: 10 February 2014
Kenyan internet payments startup PesaPal is expanding into Zimbabwe.Agosta Liko, the founder of the company, said recently their focus for the Zimbabwe entry is eCommerce, Tourism, Hotels, School fees...
By TechZim | Published: 10 February 2014
GOVERNMENT has introduced a motion to stop the liquidation of troubled lint-processor, David Whitehead Textiles, saying the move would have adverse effects on workers, goods and services in the countr...
By Staff reporter | Published: 10 February 2014
ZIMBABWE National Road Authority (Zinara) chief executive officer Frank Chitukutuku has been sucked into a $2 million scam involving awarding of a road rehabilitation tender in Umguza, Matabeleland No...
By Staff reporter | Published: 10 February 2014
National power utility Zesa Holdings (Zesa) says it is owed $818 million by consumers - including government, domestic and commercial users.It said the unpaid bills were hampering its operations and v...
By Staff reporter | Published: 10 February 2014
ONE of Zimbabwe leading financial institutions, CBZ Bank will be phasing out the use of cash withdrawal slips with effect from the beginning of next month.In a statement, the bank said individual clie...
By Staff reporter | Published: 10 February 2014
Government has extended Zesa Holdings chief executive Eng Josh Chifamba's term of office by another three years while a new board, expected soon, will determine his conditions of service.Energy and Po...
By Business Reporter | Published: 10 February 2014
AIR Zimbabwe needs an emergency cash injection in excess of $50 million which would prevent the ailing national airline from collapse, a senior official said.The national carrier, whose senior manager...
By Staff reporter | Published: 10 February 2014
The Scheme of Arrangement between Star Africa Corporation Limited and its lenders and creditors which was sanctioned by the High Court on 7 August 2013 and registered with the register of companies on...
By Staff reporter | Published: 07 February 2014
The Board of Directors of NMBZ Holdings Limited said it would like to inform its shareholders and investors that it has reviewed its banking subsidiary's loan book and has increased its impairment los...
By Staff reporter | Published: 07 February 2014
A South African company, Mining, Oil and Gas Services had plans to transform Trust Bank into an energy bank through an investment of $800 million, it has emerged. This is disclosed by Trust Bank direc...
By Staff reporter | Published: 07 February 2014
The local yeast industry is losing more than $3 million annually through smuggling of the product from South Africa and Zambia by some unscrupulous businesses in the country, an industry player said y...
By Staff reporter | Published: 07 February 2014
The Industrial Development Corporation will finalise the execution of share subscription agreements relating to Chemplex Corporation within the first quarter of this year after 11 investors expressed ...
By Staff reporter | Published: 07 February 2014
TELECEL Zimbabwe says it has, from the outset, allowed all banks and other licensed operators to offer financial services to clients using its unstructured supplementary service data (USSD) mobile pla...
By Staff reporter | Published: 07 February 2014
The 2014 tobacco marketing season is set to begin on February 19 with auction sales while contract sales will start a day later.The Tobacco Industry and Marketing Board said three floors - Tobacco Sa...
By Rumbidzayi Zinyuke I BH24 | Published: 07 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% 
Banks to report on rural financial literacy outreach 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
