Phoenix Consolidated Industries Limited is considering delisting from the Zimbabwe stock exchange as part of the company's turnaround strategy. In a report presented to creditors at the High court thi...
By Staff reporter | Published: 29 January 2014
Just over 20 banking institutions currently on the ZimSwitch platform have partnered Zimbabwe's second largest mobile phone operator, Telecel, in launching a mobile money service as Zimbabwe pushes fo...
By Staff reporter | Published: 29 January 2014
Rouqui Investments, a company with diverse business interests is at an advanced stage of building a blanket factory in Beitbridge at a cost of $23 million, Roy Muleya, a director of the company said i...
By Staff reporter | Published: 29 January 2014
Foreign-owned bank Standard Chartered Zimbabwe has ordered the Industrial Development Corporation to close its bank account with the institution next month as part of widespread Western-backed sanctio...
By Staff reporter | Published: 29 January 2014
Metallon Gold Zimbabwe says it will not shut down Arcturus Mine despite persistent losses due to low ore grade and falling gold prices. Head of corporate affairs Zenzo Nsimbi said Arcturus Mine was cl...
By Staff reporter | Published: 29 January 2014
Zimbabwe's platinum mining sector could benefit from an indefinite strike embarked upon by South Africa's platinum mine workers through increased global platinum prices due to reduced market supply, a...
By Staff reporter | Published: 29 January 2014
Zimbabwe's mining royalties slumped by 45 percent to $133,7 million against a target of $245 million in the full year to December 2013, casting further doubt on the country's 2014 economic projections...
By Staff reporter | Published: 29 January 2014
THE Supreme Court has ordered Mr Johannes Tomana, the Prosecutor - General, to issue a certificate to privately prosecute Telecel shareholder Jane Mutasa within five days on charges of swindling the m...
By Staff reporter | Published: 28 January 2014
Imara Edwards Securities released its Zimbabwe macroeconomic report 2013 review and 2014 outlook.A sweet spot for the ZSE in 2013After a largely indifferent year in 2012 the ZSE industrial index repor...
By Imara | Published: 28 January 2014
The three auction floors licensed to sell tobacco this year have almost completed preparations for the marketing season which starts on February 19. The Tobacco Industry Marketing Board has licenced B...
By New Ziana | Published: 28 January 2014
Zimbabwe Stock Exchange listed conglomerate, AICO Africa Limited's rights offer to raise $15 million was subscribed by 94,57 percent paving the way for the company to address its legacy debt and ultim...
By bh24 | Published: 28 January 2014
The Zimbabwe Mining Development Corporation is seeking a strategic partner to help raise $15 million for the resuscitation of its Jena gold mines in the Midlands region. According to a project documen...
By Staff reporter | Published: 28 January 2014
The industrial Development Corporation plans to merge two of its subsidiaries, Olivine industries and Surface Investments in order to attract investment for the revival of the companies.Addressing the...
By Staff reporter | Published: 28 January 2014
The Antwerp Diamond World Centre (AWDC) said on Tuesday it is pinning its long term survival on Zimbabwe, a a key emerging producer in the world, the New Ziana reported.The Belgium based AWDC, which c...
By New Ziana | Published: 28 January 2014
Mining companies appear to be now toeing the line regarding Government's steadfast position on the urgent need to optimise benefits from minerals through beneficiation and have started backing their c...
By Staff reporter | Published: 28 January 2014
Zimbabwe will enforce the "use-it-or-lose-it" principle with respect to mining companies' land, according to a copy of the Finance Bill 2014 obtained by Bloomberg News. Any unworked land will be trans...
By Bloomberg | Published: 28 January 2014
Mimosa production was stable and costs reduced further, in line with management's expectations. Unfortunately Mimosa does not benefit from a weakening currency and hence the lower Dollar metal prices ...
By Staff reporter | Published: 28 January 2014
Aquarius Platinum Limited, the world's fourth-largest platinum miner, which jointly own Mimosa Platinum with Implats said proposed tax changes and regulatory uncertainty in Zimbabwe had impacted its a...
By Staff reporter | Published: 28 January 2014
Zimbabwe will account for over a quarter of the world diamond output in the next decade following the success of its first auction, the leading hub for rough diamond trade said on Monday. Zimbabwe hel...
By Antwerp | Published: 28 January 2014
State-owned national carrier Air Zimbabwe reportedly failed to resume flights to London last November amid reports that are airline has a $3 million outstanding debt for airport, navigation fees and c...
By Staff reporter | Published: 28 January 2014
THE country's largest cigarette manufacturer, British American Tobacco Zimbabwe (BAT) has reaffirmed its total commitment to continue operating in the country and promote value addition on the country...
By Business Reporter | Published: 28 January 2014
POSTAL services provider, Zimpost intends to start an insurance business this year, an official said.Currently, Zimpost is an agent of insurance companies such as NicozDiamond and Champions Insurance ...
By Business Reporter | Published: 28 January 2014
Loss making sugar refinery Starafrica Corporation said on Thursday it has found new buyers for two main assets it is disposing as means to raise capital to pay off its debt, the New Ziana reported.In ...
By New Ziana | Published: 27 January 2014
TELECEL, Zimbabwe is the second largest mobile phone network, says it targets to expand its telecommunications network in most rural areas in the Matabeleland region this year. The mobile service oper...
By Chronicle | Published: 27 January 2014
ECONET Wireless Zimbabwe says more than $200 million is being transacted per month through the telecommunication's mobile money transfer platform, EcoCash, resulting in the transformation of the count...
By Chronicle | Published: 27 January 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
