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...
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...
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, ...
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...
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...
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...
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...
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...
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...
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...