Chemco Holdings plans to delist from the Zimbabwe Stock Exchange this year as it seeks shareholder approval for the transaction due to limited retail and institutional investor interest in Chemco shar...
By Staff reporter | Published: 21 February 2014
The 2014 tobacco selling season opened yesterday with the first bale selling at $4,85 per kilogramme which is slightly higher than the $4,50 offered last year. At least 185 million kilogrammes of toba...
By Staff reporter | Published: 21 February 2014
Delta is spending close to $12 million on the expansion of its Chibuku Super plant in Chitungwiza, with annual production expected to triple to 1.8 million hectolitres. The plant will be completed by ...
By Staff reporter | Published: 21 February 2014
Zimbabwe has reduced licence fees for local diamond polishing and cutting firms from $100 000 to $20 000 annually. The licence is valid for 10 years. Walter Chidhakwa, the Mines minister, t...
By Staff reporter | Published: 21 February 2014
State-owned wireless network operator, NetOne, says it is owed $10 million by government, a development that has affected its operational efficiency. Its chief executive, Reward Kangai, said the...
By Staff reporter | Published: 21 February 2014
The liquidation hearing of Trust Bank Corporation has been postponed to next month after the Reserve Bank of Zimbabwe failed to file its heads of arguments in response to the opposing affidavit from ...
By Staff reporter | Published: 21 February 2014
The Ministry of Transport and Infrastructure Development was at the core of the rot at Air Zimbabwe as it emerges that Frank Chitukutuku, the Zimbabwe National Roads Administration CEO, is among the ...
By Staffr eporter | Published: 21 February 2014
NMB Bank Limited is looking to raise about $5 million from investors such as pension funds to provide loans for Small and Medium Enterprise companies that have the capacity to pay back the money, NMB...
By Staff reporter | Published: 21 February 2014
South African firm Vasari Global's bid to acquire Cairns Holdings is back on track after the parties agreed on a valuation following disputes over the purchase price. Sources said it was now mor...
By Staff reporter | Published: 21 February 2014
Zimbabwe is planning to establish a provisional diamond exchange by the end of the first half of this year, Mines and Mining Development Minister Walter Chidhakwa has said. Addressing the media ...
By Staff reporter | Published: 21 February 2014
The Tobacco Industry and Marketing Board says it will be on the lookout for nesting when the 2014 marketing season for the "golden leaf" opens today. Nesting tobacco means placing good quality t...
By Staff reporter | Published: 21 February 2014
The 2014 tobacco selling season will open today with 47 percent of the crop expected to come from communal farmers. Stakeholders have expressed confidence that the 2014 selling season would surp...
By Staff reporter | Published: 21 February 2014
The Civil Aviation Authority of Zimbabwe lost hundreds of thousands of United States dollars through undercharging landing fees for airlines using Harare, Victoria Falls and Joshua Nqabuko internatio...
By Staff reporter | Published: 21 February 2014
For FY 2013, Chemco posted an improved operating performance following the restructuring of the company. The operating loss reduced by 83% to $153,256. Net gearing deteriorated to an untenable 1...
By Staff reporter | Published: 21 February 2014
Zimbabwe's Ministry of Information Communication Technology (ICT), Postal and Courier Services will stage an e-Tech Africa expo conference and exhibition from 11 - 14 March 2014.The theme for this ye...
By BizTechAfrica | Published: 21 February 2014
Global telecoms operator Telecel International has denied rumours that it is pulling out of Zimbabwe. The company on Monday dispelled reports that it was shutting down because it was reluctant to pay...
By BDLive | Published: 21 February 2014
Meikles has warned of a deflationary period in Zimbabwe as it takes legal action against the Reserve Bank of Zimbabwe and Ministry of Finance and Economic Development to recover funds held on deposit...
By stockmarketwire.com | Published: 21 February 2014
Ariston is anticipating a substantial improvement in profits from the majority of its business units, namely Claremont Estates which produces pome and stone fruit, Southdown Estates which farms tea, ...
By Staff reporter | Published: 21 February 2014
Information, Media and Broadcasting Services Minister Jonathan Moyo has withdrawn Dennis Magaya's appointment as Zimbabwe Broadcasting Corporation board chair for his alleged involvement in salary an...
By Staff reporter | Published: 21 February 2014
Meikles Limited says depressed consumer demand in the country has hit its departmental retail stores. Group chairman John Moxon said trading in their supermarkets, particularly in groceries, has...
By Staff reporter | Published: 21 February 2014
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...
By Staff reporter | Published: 21 February 2014
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...
By Staff reporter | Published: 21 February 2014
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...
By Staff reporter | Published: 21 February 2014
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 ...
By Staff reporter | Published: 21 February 2014
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...
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
