THE country's second largest mobile phone operator, Telecel Zimbabwe launched its mobile money transfer service Telecash in a move that is set to raise the stakes against the hugely popular Ecocash r...
By Business reporter | Published: 07 February 2014
Arab Bank for Economic Development in Africa (Badea)'s executives are in Zimbabwe to review performance of a $5 million loan facility granted to government through CBZ Bank Limited (CBZ).A senior CBZ...
By Staff reporter | Published: 07 February 2014
AIR Zimbabwe's two A320 Airbuses have been grounded at OR Tambo International Airport in Johannesburg, South Africa, in the last four months amid disclosures that the planes were unserviceable, NewsD...
By Staff reporter | Published: 07 February 2014
ZB Financial Holdings says plans to merge its bank and building society will continue despite the recent extension by the Reserve Bank of Zimbabwe of the banking sector minimum capital requirements d...
By Staff reporter | Published: 07 February 2014
SeedCo is close to selling part of its shareholding in Quton, a cotton seed developer, to an Indian company Mahyco for a yet to be disclosed amount, sources said. SeedCo announced last year that...
By Staff reporter | Published: 07 February 2014
African Consolidated Resources has over the last decade, raised more than $70 million, with the majority of that capital being put into the development of mineral ground in Zimbabwe. Some of tha...
By Staff reporter | Published: 07 February 2014
Exor Petroleum, one of the country’s pioneering indigenous oil companies, has formed a joint venture company, PetromocExor, with Mozambique oil giant Petroleos de Mocambique (Petromoc). The jo...
By Staff reporter | Published: 07 February 2014
The Zimbabwe Newspapers Group has appointed a new, 10-member board chaired by veteran civil servant and former Chief Secretary to the President and Cabinet, Charles Utete, for a period of 5 years beg...
By Staff reporter | Published: 07 February 2014
Zimbabweans could face the biggest increase in the cost of power since dollarisation after the Zimbabwe Electricity Transmission and Distribution Company proposed a 5% tariff increase, way above the ...
By Staff reporter | Published: 07 February 2014
An international arbitrator has ruled in favour of Econet Wireless in its long running dispute with Trustco Mobile. The arbitrator dismissed a claim by Trustco that it is owed $6,978,846.30 by Ec...
By Staff reporter | Published: 05 February 2014
Disgruntled senior Agricultural and Rural Development Authority workers on Monday slept at the parastatal's head office in Harare to protest against non-payment of salaries.The employees have gone fiv...
By Staff reporter | Published: 05 February 2014
CHROME producer the Zimbabwe Mining and Smelting Company (Zimasco) will this month lay-off some of its workers due to viability challenges.Formerly owned by Union Carbide, at least 73 percent of Zimas...
By New Ziana | Published: 05 February 2014
Shanghai-based Tsingshan Iron and Steel Group has expressed interest to invest in a second steel plant for Zimbabwe, an official has said.Deputy Chief Secretary in the Office of the President and Cabi...
By Staff reporter | Published: 05 February 2014
Powertel Communications, a State owned Internet Service Provider has rebranded their logo and has changed their corporate colours too. The telecommunications company's colors have been changed from bl...
By Staff reporter | Published: 05 February 2014
RBZ acting Governor Dr Dhliwayo said the growth in non-performing loans within insider loans was a worrisome development.As of December 31, 2013, she said the level of total insider loans in the banki...
By Staff reporter | Published: 05 February 2014
THE Reserve Bank of Zimbabwe (RBZ) has urged banking institutions facing operational constraints to take concrete steps towards recapitalisation amid concerns that potential suitors are reluctant to i...
By Staff reporter | Published: 05 February 2014
CIGARETTE manufacturer British American Tobacco (BAT) Zimbabwe has submitted to government its indigenisation and economic empowerment compliance plan for the second year. The Indigenisation and Econo...
By Staff reporter | Published: 05 February 2014
OK Zimbabwe says 2014 promises to be more challenging than the previous year unless government finds ways of attracting investment and creating new jobs. Chief executive Willard Zireva told our ...
By Staff reporter | Published: 05 February 2014
The number of tobacco growers for the 2013-2014 agricultural season has increased by 100%, Tobacco Industry and Marketing Board figures have shown. This showed that the country's farmers were moving a...
By Staff reporter | Published: 05 February 2014
Malawian Airways became the latest airline to land in Zimbabwe after its maiden flight on Monday, an official confirmed. The introduction of Malawian Airways comes after the government of Malawi liqui...
By Staff reporter | Published: 05 February 2014
The People's Own Savings Bank expects to report a profit in the year to December 31 2013, driven by the realignment of cost and revenue structures in the second half of the year. The performance was h...
By Staff reporter | Published: 05 February 2014
Zesa Holdings subsidiary, Zimbabwe Electricity Transmission and Distribution Company, is being sued for $11 million by a local private firm over alleged breach of contract. Sixth Century Contraction h...
By Staff reporter | Published: 05 February 2014
India and Zimbabwe have decided to enhance cooperation in sectors such as pharmaceuticals, infrastructure and health to boost trade and investment between the countries.This was agreed during a meeti...
By Business Standard | Published: 04 February 2014
Zimbabwe is likely to revoke the recent amendment to fiscal law that stops mining companies from claiming royalties for tax purposes.The move to prohibit mining companies from claiming royalties for t...
By Staff reporter | Published: 04 February 2014
At least 51 employees have voluntarily left Alpha Media Holdings, the publishers of NewsDay, The Southern Eye, The Zimbabwe Independent and The Standard newspapers, after the company announced it can...
By Staff reporter | Published: 04 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
