Mwana Africa Plc, the parent company of Bindura Nickel Corporation and Freda Rebecca, has sacked non-executive board chairperson Mark Wellesley-Wood amid suspicion he was an agent for a hostile takeov...
By Staff reporter | Published: 26 February 2014
Turnall Holdings Limited says production capacity for tiles fell by 28% due to a fall in domestic demand. As a result the company is planning to explore new markets in the region. Last year...
By Staff reporter | Published: 26 February 2014
Zimbabwe is losing billions of dollars worth of gold to South African buyers who are offering local small scale miners high prices for the yellow metal, Parliament heard on Monday. Officials fro...
By Staff reporter | Published: 26 February 2014
Blue Ribbon Industries requires as much as $40 million to bring the grain milling and processing company back to viability, judicial manager Reggie Saruchera has said. Saruchera said in an inter...
By Staff reporter | Published: 26 February 2014
BAT Zimbabwe recorded a 17% volume decline across its local brand portfolio for the year ended 31 December 2013 and management is expecting trading conditions to remain challenging in the face of a s...
By Staff reporter | Published: 26 February 2014
Zimbabwe has auctioned tobacco worth $1.1 million since the opening of the 2014 selling season last Wednesday. Around 517 762kg of the golden leaf went under the hammer at three licensed auction...
By Staff reporter | Published: 26 February 2014
The National Railways of Zimbabwe's revenue in the 8 months to August 2013 dropped by 11% to $54.74 million from $61.96 million in the comparable period the prior year as the state-owned institution ...
By Staff reporter | Published: 26 February 2014
PG Industries is looking to bring on board strategic partners to enhance the group's capital position and complement the initiatives being made to restructure creditor balances.In a circular to share...
By Staff reporter | Published: 25 February 2014
The Broadcasting Authority of Zimbabwe has said BOStv was operating illegally as a free-to-air TV channel, and must be incorporated into the MYTV bouquet on a subscription basis as authorised by thei...
By Staff reporter | Published: 25 February 2014
Wage negotiations between the Chamber of Mines and the Associated Mineworkers Union of Zimbabwe will today resume amid indications both parties are determined to reach an agreement to finally break th...
By Staff reporter | Published: 21 February 2014
Giant clothing manufacturer and retailer, Edgars Group is set to resume garments and clothing exports to the European Union among other international markets.In an interview, Edgars Carousel man...
By Staff reporter | Published: 21 February 2014
The Zimbabwe Energy Regulatory Authority has revealed that it issued 307 licences to fuel importers, wholesalers, producers, blenders and retailers in 2012 in response to the country's increasing dema...
By Staff reporter | Published: 21 February 2014
The year 2014 is promising to be a good year for sugar production in Zimbabwe. According to Business Monitor International forecast regarding the sugar sector of the country, sugar production is predi...
By Staff reporter | Published: 21 February 2014
GAT Investments, a local company with interest in mining is evaluating the potential of extracting new pyrites deposits in Mazowe, about 40 kilometres north of Harare. Pyrites are mostly used in the p...
By Staff reporter | Published: 21 February 2014
Government will not compromise on its position requiring platinum miners to set up a local refinery and wants mining firms to take hard short-term decisions for future benefit. Mines and Mining Develo...
By Staff reporter | Published: 21 February 2014
AfrAsia Zimbabwe Holdings says its $5 million rights issue was fully subscribed as the financial group continues with fundraising efforts to fund growth and meet regulatory requirements. This will hel...
By Staff reporter | Published: 21 February 2014
Zimasco has partnered Chinese firm Jilin Houyuan in a deal that will culminate in the construction of a sintering plant at a cost of about $250 million in Kwekwe. The ferrochrome producer also conclud...
By Staff reporter | Published: 21 February 2014
CBZ Holdings Limited announces the appointment of Mr. Richard Victor Wilde as Chairman of the board with effect from 20 February 2014. Mr. Wilde is a former Deputy Governor of the Reserve Bank of Zimb...
By Staff reporter | Published: 21 February 2014
Cafca MD Rob Webster told the AGM that the copper barter recycling deal has put the firm in a profitable situation as they expect the profit to go up 30% year-on-year."The barter deal started la...
By Staff reporter | Published: 21 February 2014
Telecel Zimbabwe (Private) Limited has said the attempt by the Prosecutor-General, Johannes Tomana, to appeal against the Supreme Court ruling forcing him to issue a certificate for the private prosec...
By Staff reporter | Published: 21 February 2014
MINES Minister Walter Chidhakwa has suggested that only one company could survive the purge expected on diamond mining operations in Chiadzwa, with the rest likely to be forced to merge.Indications ar...
By Staff reporter | Published: 21 February 2014
THE purchase of Zuva Petroleum assets by a company owned by John Mushayavanhu has torched off controversy over allegations the banker could be fronting for a British-based commodities firm, Glencore H...
By Staff reporter | Published: 21 February 2014
Zimbabwe expects to rake in nearly $35 million from the second auction of its diamond in Antwerp, Belgium this week. The country - planning to resume local auctions this year - put over 923 000 diamon...
By Staff reporter | Published: 21 February 2014
Listed Chemco Holdings limited plans to convert a debt owed to TSL into equity. Consequently, TSL - owed around $2 million - will increase its shareholding to 81.64% in the agro-focused group. Chemco ...
By Staff reporter | Published: 21 February 2014
Mines minister Walter Chidhakwa has said government is committed to carrying out a thorough due diligence analysis on the two companies that have been shortlisted to set up a platinum refinery in the ...
By Staff reporter | Published: 21 February 2014
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
