Zimbabwe's government will review a plan by South Africa's Impala Platinum to sell control of its Zimplats unit to local black investors for $971 million, Zimplats said on Thursday.Implats, the world'...
By Reuters | Published: 31 October 2013
India-based Essar Holdings (Essar)'s top management is in the country to conclude the $750 million deal aimed at reviving NewZim Steel, Industry minister Mike Bimha has said."Senior partners in Essar ...
By Staff reporter | Published: 31 October 2013
Electronic cigarettes imported from the United States are being sold in Harare's Borrowdale suburb, in supermarkets and night clubs.The cigarettes come in five flavours, Menthol, Marlboro, Camel, Davi...
By Staff reporter | Published: 31 October 2013
GOVERNMENT has announced plans to resume operations at struggling Lancashire Steel company soon as the State finalises the takeoff of the much delayed $750 million Essar Africa Holdings-Ziscosteel dea...
By Staff reporter | Published: 31 October 2013
Local banks have engaged the Reserve Bank of Zimbabwe amid indications that the current memorandum of agreement putting a cap on bank charges and interest rates may soon be reviewed after banks repor...
By Staff reporter | Published: 31 October 2013
ECONET Wireless Zimbabwe says it will focus more on exploring new innovative services that offer added convenience and value to customers to boost revenue, earnings and ensure sustainable business gro...
By Business Reporter | Published: 31 October 2013
ECONOMIC analysts have expressed reservations on the proposed $50 million rescue package for Hwange Colliery by British mogul Mr Nicholas van Hoogstraten, saying this could be tantamount to handing o...
By Staff reporter | Published: 31 October 2013
Telecel today (Wednesday) announced the introduction of a special product for businesses and other organisations, Telecel Business, which it estimates could reduce their phone bills by as much as 8...
By Michael Hamilton | Published: 30 October 2013
A new software manufacturing company, Logicode Private Limited was officially launched in the Harare yesterday.The company has however been in existence for more than two years with a goal dream of tr...
By Staff reporter | Published: 30 October 2013
Talks between the Industrial Development Corporation (IDC) and a potential investor that it was courting to recapitalise its fast moving consumer goods (FMCG) manufacturing subsidiary Olivine Industri...
By New Ziana | Published: 30 October 2013
Interfin Financial Services (IFS) is talking to at least three potential investors that are interested in bailing out its troubled banking subsidiary.IFS is the holding company of Interfin Bank, which...
By Staff reporter | Published: 30 October 2013
The Africa-wide investment credentials of the Imara Group have been showcased by the award-winning performance of three of the asset management company's leading equity funds among them the Imara Zim...
By Staff reporter | Published: 30 October 2013
LOCAL mogul Raji Modi has sold off his entire stake in Sai Enterprises (Pvt) Ltd, paving the way for the entry into the Zimbabwe retail sector of Botswana's biggest retail outlet, Choppies Enterprise ...
By Staff reporter | Published: 30 October 2013
Government is inviting prospective diamond cutting and polishing firms to add value to Zimbabwe's gems before exporting."Already we have firms with equipment and manpower to undertake that mandate of ...
By Staff reporter | Published: 30 October 2013
Interfin published an update saying the capitalisation and loan recovery initiatives for the bank are still being pursued while the holding company remains suspended from the ZSE until the resuscitati...
By Staff reporter | Published: 30 October 2013
ZIMBABWE'S largest mobile phone operator Econet Wireless Zimbabwe has said its subsidiary Steward Bank now has 500 000 registered account holders on its recently launched mobile banking product EcoCas...
By Staff reporter | Published: 30 October 2013
ZIMBABWE'S largest mortgage lender CABS has channelled $112 million into housing development over the last three years as liquidity constraints continue to bite the economy, the company has said.CABS...
By Staff reporter | Published: 30 October 2013
Listed Meikles Limited says its five-star Meikles Hotel has experienced increased occupancy following the completion of a $8,5 million refurbishment.However, the group could not disclose the figures a...
By Staff reporter | Published: 30 October 2013
A Chinese company, Afrochine Smelting (Pvt) Limited, is building a $25 million chrome smelter in Selous near Chegutu that will see the country processing its chrome ore locally.The smelter, nearing co...
By Staff reporter | Published: 30 October 2013
Zimbabwe's telecoms giant, Econet, reported another set of mixed interim results showing solid 11% year on year topline growth but muted attributable income, down 10% year on year to $70.5m for eps of...
By Staff reporter | Published: 29 October 2013
New services such as EcoCash, broadband, and EcoFarmer have begun to drive Econet Wireless Zimbabwe’s growth as its traditional voice revenues are maturing.Speaking at the presentation of the half y...
By Staff reporter | Published: 29 October 2013
SEED Co Limited will raise enough funds to retire at least 17 percent of its debt from the sale of part of its stake to US seed firm Vilmorin Cie, financial analysts IH Securities have said.Zimbabwe's...
By Staff reporter | Published: 29 October 2013
The Zimbabwe Agricultural Development Trust (ZADT) has so far disbursed at least $11,5 million to 109 intermediary agricultural value chain actors under its CREATE fund, an official said on Monday.A G...
By New Ziana | Published: 29 October 2013
AVIATION Ground Services has won two prestigious awards for excellence in provision of aircraft and cargo handling services in southern Africa and the entire African continent.AGS, a private local fir...
By Staff reporter | Published: 29 October 2013
THE DEVASTATING terrorist attack in Kenya on September 21 has boosted tourist arrivals in Zimbabwe with the country's leading tourist resort, Victoria Falls, enjoying an increase in visitors.Westgate ...
By Staff reporter | Published: 29 October 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
