TM Supermarkets will this year invest $10 million to expand and give its retail outlets a face lift as the group positions to grow market share. Managing director Dave Mills said the company is workin...
By Staff reporter | Published: 23 January 2014
Botswana-listed, pan-African financial services group IMARA with interests in Zimbabwe has acquired a 49% stake in a joint venture with Equity Capital Resources Plc, a Zambian based asset management ...
By Business reporter | Published: 23 January 2014
TRUST Bank Corporation (TBC) got a lifeline yesterday after the High Court granted the institution three weeks to submit an opposing affidavit against the proposed liquidation.The reprieve came as th...
By Business Reporter | Published: 23 January 2014
POWER utility Zesa Holdings has secured an additional $35 million from regional bank, African Export and Import Bank, to complete the installation of prepaid meters across the country.Zesa Holdings sp...
By Business Reporter | Published: 23 January 2014
THE Zimbabwe Mining Development Corporation is looking at raising $20 million through a joint venture partnership with a yet to be identified investor in order to resuscitate Elvington Gold Mine in Ch...
By Business Reporter | Published: 23 January 2014
FINANCE and Economic Development Minister Patrick Chinamasa yesterday said local financial institutions were in a sound state despite the liquidity crunch that has affected some of the banks.Minister ...
By Staff reporter | Published: 23 January 2014
ALL public sector workers - including teachers, nurses, police officers and soldiers - may go without medical aid as the government has yet to renew the operating licence for Premier Service Medical A...
By Staff reporter | Published: 22 January 2014
The Zimbabwe Tourism Authority (ZTA) has struck a deal with South Africa Airways (SAA) which will see the airline facilitating travel arrangements for tour operators and journalists to promote the loc...
By Staff reporter | Published: 22 January 2014
The local pharmaceuticals industry is optimistic that the proposed reduction of duty on raw materials as outlined in the 2014 national budget will be implemented, thereby aiding the recovery of the se...
By Staff reporter | Published: 21 January 2014
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The Agricultural and Rural Development Authority (ARDA) says work on the second phase of the multi-million dollar Chisumbanje ethanol project has resumed with an investment of $260 million.The multi-m...
By Staff reporter | Published: 21 January 2014
A 12-member tourism delegation from the United Kingdom is in the country to try and restore confidence of western tourists on Zimbabwe as a tourist destination.The delegation, which consists of tour o...
By BH24 | Published: 21 January 2014
Zimbabwe Stock Exchange listed grain processor, National Foods, yesterday reopened its Mutare Maize mill to complement operations at the Harare and Bulawayo plants in order to meet increased demand.T...
By Staff reporter | Published: 21 January 2014
Zimbabwe's sole landline network operator, TelOne, says it collected $90 million out of a targeted $300 million last year under its debt recovery programme.Prior and following the introduction of the ...
By Staff reporter | Published: 21 January 2014
Vunani Property Investment Fund (VPIF), an office dominated JSE-listed property fund announced that both its unitholders and board have approved the sale of the asset management business from Vunani P...
By David A. Steynberg | Published: 21 January 2014
The re-introduction of surtax on chicken and other goods to promote local producers has revived the local poultry industry with experts predicting further growth after imports declined significantly.L...
By Staff reporter | Published: 21 January 2014
A local beverages manufacturer, Schweppes Zimbabwe says it will expand into the neighbouring countries following high demand for its products on the regional market.In an interview, Schweppes Zimbabwe...
By Staff reporter | Published: 21 January 2014
Zimbabwe Post (Zimpost) has so far automated 51 offices as the postal services company moves to computerize its over the counter services.The postal company's automation project is nearing completion ...
By Business reporter | Published: 21 January 2014
THE government has started moves to re-open tube and wire manufacturer Lancashire Steel ahead of resumption of operations at NewZim Steel, a senior official has said.Government announced in October la...
By New Ziana | Published: 21 January 2014
THE Victoria Falls Safari Lodge has opened six safari suites following a recent increase in occupancy rate at the property.Chief executive officer of the award-winning Africa Albida Tourism (AAT), Ros...
By Staff reporter | Published: 21 January 2014
INGWEBU Breweries recorded a 10 percent increase in sales during the festive season when the company was running a promotion to celebrate its 100 years of service and excellence.Speaking at the ...
By Staff reporter | Published: 21 January 2014
A TANZANIAN firm, Bakhresa Group, is set to inject between $25 million and $40 million into grain milling and food processing entity, Blue Ribbon Industries, to revive the once vibrant company. Blue R...
By Staff reporter | Published: 21 January 2014
Mwana Africa's cash cow, Freda Rebecca, registered a decline in output after a total of 13 072 ounces were produced during the quarter, representing a decrease of 25 percent over the previous quarter....
By Staff reporter | Published: 21 January 2014
Mwana Africa's Nickel production rose 76 percent to 2 651 tonnes at Trojan Mine, a unit of Mwana Africa's 75,4 percent owned Zimbabwe Stock Exchange listed Bindura Nickel Corporation, compared to the ...
By Business reporter | Published: 21 January 2014
South African-based Tongaat Hulett, which wholly owns Triangle Limited - a company that was recently granted a temporary licence to deliver ethanol to the local market to shore up supplies - has court...
By Staff reporter | Published: 20 January 2014
Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday.President Robert ...
By Reuters | Published: 20 January 2014
Bryden School in Chegutu battles Chinese firm 
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
