Old Mutual's multi-million-dollar low-cost housing project in Harare's Budiriro suburb, which is ostensibly meant for low and medium income groups, might end up marginalising its target market due to...
By Business Reporter | Published: 16 December 2013
CAPTAINS of industry have expressed concern over the challenges in the country's banking sector saying it might lead to depressed business in various sectors of the economy.The banking sector has alwa...
By Business Reporter | Published: 16 December 2013
KINGDOM Bank founder and entrepreneur, Mr Nigel Chanakira, has set his sights on venturing into private equity following his decision to sell his 33 percent stake at the commercial bank.Mr Chanakira ...
By Business Reporter | Published: 16 December 2013
THE City of Kings Business Ventures has spent over $80 000 towards the
upgrading of its hospitality facilities and tourist attractions in the
past two years as it seeks to consolidate its market ni...
By Business Reporter | Published: 16 December 2013
THE Reserve Bank of Zimbabwe is expected to make a determination on a revised offer by prospective South African investor Vasari Global for its 67 percent stake in Cairns.The revised offer follows fa...
By Business Reporter | Published: 16 December 2013
NATIONAL Blankets Limited has cleared about $2 million it owed to Capital Bank, the textile company's judicial manager, Phillip Ndlovu, has said.In a report presented during a creditors and members ...
By Business Reporter | Published: 17 December 2013
ZIMBABWE Stock Exchange-listed Innscor Africa was found guilty of not following proper regulatory procedures in its acquisition of a majority stake in National Foods Limited (NatFoods) and could be l...
By Business Reporter | Published: 16 December 2013
ABC Holdings directors are part of minority shareholders that have made irrevocable undertakings that they will not accept the buyout offer by majority shareholder ADC Financial Services. ADC, a cont...
By Business Reporter | Published: 16 December 2013
ECONET Wireless Zimbabwe has launched a $500,000 premium customers' shop in Bulawayo as the firm moves a gear up in ensuring the needs of high value clients are identified and met.The outlet located a...
By Business Reporter | Published: 16 December 2013
JERICHO Advertising Zimbabwe has, for the second year running, now, been the only non-South African advertising agency listed by Adfocus, the prestigious South African Advertising and Marketing Annua...
By Staff reporter | Published: 16 December 2013
African Development Corporation (ADC) has launched a mandatory offer for all outstanding BancABC shares.ADC announced its firm intention to make a mandatory offer to all minority shareholders of its m...
By Staff reporter | Published: 13 December 2013
Zimbabwe is expected to have a new tourism policy next year aimed at boosting tourists' receipts to over $5 billion in six years.The country's tourism revenue declined to $1 billion last year from $2,...
By Staff reporter | Published: 13 December 2013
ZB Bank Limited (ZB) has unveiled a $1 million loan facility targeted at boosting the informal sector's capacity.The "Informal Trader" scheme comes on the back of the institution's recent introduction...
By Staff reporter | Published: 13 December 2013
A committee of made up of tourism ministers from, Zimbabwe, Zambia, South Africa, Mozambique, and Malawi were named to oversee the restructure transition of the Regional Tourism Organisation for South...
By Staff reporter | Published: 13 December 2013
Zimbabwe bank customer loyalty is very low; banks still need to build their trusts in customers but this is entirely based on the way the banks serve their customers.According to a survey conducted by...
By Staff reporter | Published: 13 December 2013
MUTARE-based miner DTZ-OZGEO (Pvt) Limited (DTZ-OZGEO) says it has found conglomerate deposits capable of producing 2,5 million carats of top quality diamonds in the province's Chimanimani area.The co...
By Staff reporter | Published: 13 December 2013
Leading precast wall manufacturer Durawall Private Limited (Durawall) is undergoing liquidation, the company owner confirmed to the Daily News yesterday.Durawall has already laid off about 240 employe...
By Staff reporter | Published: 13 December 2013
Powerspeed Electrical Managing Director Hilton Macklin told an analysts briefing yesterday that the Group has transformed itself into a supplier of general hardware and is already seeing benefits of t...
By Staff reporter | Published: 13 December 2013
African Sun Chief Executive Dr Shingi Munyeza told analysts yesterday that the Group is targeting a pre-tax return of 20% in FY14 after experiencing improved foreign arrivals this year. The compa...
By Staff reporter | Published: 13 December 2013
MOTOROLA Solutions, a provider of mission-critical communication solutions and services, is enhancing its presence in Zimbabwe, where it has launched new enterprise mobility products, including the la...
By Staff reporter | Published: 13 December 2013
Barclays Bank (Zimbabwe) is one of four foreign-owned banks operating in Zimbabwe and the only one listed on the domestic bourse. The bank has been critical in mobilising credit lines to boost Zimbabw...
By Staff reporter | Published: 13 December 2013
BANKS are once again up in arms with Econet Wireless over the mobile phone operator's refusal to give them access to its network platform to freely roll out their financial products.This comes as Zimb...
By Staff reporter | Published: 13 December 2013
Mines and Mining Development Minister Walter Chidhakwa yesterday dissolved boards of three institutions under his ambit, namely the Zimbabwe Mining Development Corporation (ZMDC), Minerals Marketing A...
By New Ziana | Published: 12 December 2013
The Zimbabwe Diamond Technology Centre (ZDTC) set up in 2010 to help locals add value locally to the country's rough diamonds, will soon start diamond beneficiation in Harare, according to reports.The...
By Diamond World | Published: 12 December 2013
THE application for the liquidation of the country's sole manufacturer of knitting yarn, Karina Textiles (Pvt) Ltd was approved last Thursday. Karina Textiles shareholders had applied for liquidation ...
By Staff reporter | Published: 12 December 2013
Gwanda inmate's daring escape ends in swift capture 
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
