The Bankers Association of Zimbabwe continues to find the financial sector essentially sound and believes reports of some troubled banks are not a reflection of the status of the sector or of the eco...
The punitive royalty charges leveled against mining companies is likely to result in the closure of more than 75 percent of gold mines in the country in the next three months, the Zimbabwe Chambers o...
Emirates, which flies daily from Harare to Lusaka and Dubai, is offering its passengers from Zimbabwe a growing number of opportunities to connect to the world through its expanding fleet of A380 air...
JOHANNESBURG - South Africa's priority crime investigation unit, the Hawks, is investigating the company which owns Bokai Platinum in Zimbabwe following allegations that the emails of senior staff we...
LOCAL miners are in a strong position to try and close the platinum supply gap after revelations that South Africa, the top world platinum producer's mining operations are becoming relatively more ex...
BULAWAYO-BASED business mogul Raji Modi has brought back a 20% stake in Choppies Zimbabwe barely six months after selling off his entire Sai Enterprises (Pvt) Ltd business to Botswana's largest retai...
The country's second second largest mobile company, Telecel Zimbabwe has denied allegations that the company defaulted on the conditions of its licence renewal.Telecel Zimbabwe General Manager Mrs An...
Zimbabwe's mobile penetration rate has reached 103,5 percent as the number of mobile subscribers reached more than 13,5 million by December last year.According to third quarter statistics released by...
Zimbabwe's mobile penetration rate has reached 103,5 percent as the number of mobile subscribers grew to 13,5 million by December last year.According to statistics for the third quarter to December 2...
NATIONAL airline, Air Zimbabwe enjoyed a fruitful festive season as flights to Victoria Falls, Bulawayo and Johannesburg were increased to deal with an improved number of passengers.In an interview, ...
Toronto Stock Exchange listed mining company, Caledonia Mining Corporation has declared a dividend of $0,015 per share for the first quarter of its financial year.The declaration of a dividend will ...
Zimbabwean banks' non interest income constitute on average an estimated 55 percent of their total income. This estimation is based on calculations done by BH24.Banks have been indicating in some rep...
African Sun CE Shingi Munyeza says the debt restructuring process will be complete before the end of the first half.The group also expects to raise $6 million through a rights offer with the commitme...
ZIMBABWE has been acknowledged by one of the world's leading travel magazines, Condé Nast Traveler, as a destination-to-be this year.Condé Nast Traveler predicted that in 2014, more families will c...
Econet has started levying the intermediated money transfer tax on customers for mobile money transfer service in line with the Government's directive.Presenting the 2014 national budget last month, ...
ZB Building Society is set to fund the construction of a multi-million dollar commercial and industrial park in the town of Ruwa, the Building Society mortgages' supervisor Mr. William Mukarwi reveal...
The Rainbow Tourism Group (RTG) CE Tendai Madziwanyika has indicated the the Group will open its $32 million Beitbridge hotel in mid January ahead of an official launch scheduled for March.Madziwanyi...
ZANU-PF's Mashonaland East provincial chairperson and businessman Ray Kaukonde is set to increase his shareholding in Innscor Africa as part of the group's indigenisation plan.Through his investment ...
UNITED Refineries LTD, a Bulawayo-based fast moving consumer goods company, is on a firm recovery following its acquisition by a JSE-listed firm Grindrod Ltd for an undisclosed amount.Grindrod bought...
ECOBANK Zimbabwe plans to expand its footprint in the country next year by opening additional two more branches in Harare, Gweru and Masvingo amongst other key cities and towns to ensure countrywide c...
GOVERNMENT says it has fulfilled outstanding obligations that have been stalling the revival of Zisco and awaits new majority shareholder Essar Africa to meet its end of the bargain.Industry and Comme...
Funeral companies in Zimbabwe wrote gross premiums amounting to $24 million in the third quarter of the year, a 46 percent growth from figures reported in same period last year, according to figures ...
The first sale of diamonds from Marange in a trial tender held at Antwerp, Belgium this week attracted an overwhelming response, achieving total sales of almost $7,6 million ($10,5m) after 279 7...
HARARE- Art Corporation CE Richard Zirobwa told analysts yesterday that the Group is seeking $15 million capital to fund its operations over the next five years, adding that one of the shareholders ha...
China Africa Sunlight Energy (Caseco) plans a $2 billion investment in the country over the next 12 years.Caseco is a joint venture between Chinese Shandong Taishan Sunlight Investment Company and Zim...