IMPALA Platinum said its Zimbabwean unit held "constructive" talks with the new government over mining operations, including the requirement to sell majority stakes to locals."What we're observing is ...
By Bloomberg | Published: 24 October 2013
STATE-OWNED Telecommunications Company TelOne has so far recovered $20 million out of the targeted $50 million through a debt collection campaign which started in August this year.TelOne managing dire...
By Staff reporter | Published: 24 October 2013
Air Zimbabwe has not made a profit since it resumed operations in February after indefinitely suspending flights last year, the board has revealed.Speaking during a briefing with the board and managem...
By Staff reporter | Published: 24 October 2013
The Zimbabwe Mining Development Corporation has formed a platinum metal production joint venture with UK-listed Eurasian Natural Resources Corporation and an unnamed Chinese firm.According to Bloomber...
By Bloomberg | Published: 23 October 2013
TOURISM players have demanded the repayment of millions of dollars in funds seized by the Reserve Bank of Zimbabwe at the height of the decade-long economic contraction in 2007 in a bid to boost worki...
By Staff reporter | Published: 23 October 2013
FINANCE minister Patrick Chinamasa should consider reviewing the mining sector's taxation regime as the 2014 national budget beckons, experts have said.Chinamasa, who presents the budget later next ...
By Staff reporter | Published: 23 October 2013
NRZ public relations manager Mr Fanuel Masikati said the parastatal has managed to transport most of the coal from Hwange to the markets in Bulawayo and other areas.Coal mining companies like Makomo R...
By Staff reporter | Published: 23 October 2013
THE National Railways of Zimbabwe has started rehabilitating its railway line network across the country after receiving $4 million from the Government under the Public Sector Investment Programme (P...
By Staff reporter | Published: 23 October 2013
THE National Social Security Authority has given Capital Bank the nod to wind up operations and is now focusing on setting up a micro-finance institution. Sources familiar with the developments said ...
By Staff reporter | Published: 23 October 2013
Power utility, Zesa Holdings is exporting power to two neighbouring countries in the evenings when demand is low, an official has said.Zimbabwe has a power deficit of up to 800MW, but produces a surpl...
By Staff reporter | Published: 22 October 2013
Delta Beverages has announced that it will launch a new ready to drink dairy beverage, Super Sip this week.Delta said the launch of the new drink is part of its innovation agenda for the year that is ...
By Business reporter | Published: 22 October 2013
CHINA Africa Sunlight Energy Limited is awaiting certification from Environmental Management Agency to start coal mining in Gwayi early next year.The company, a joint venture between Old Stone Investm...
By Staff reporter | Published: 22 October 2013
Zimpost on Monday launched a new money transfer service, Zipcash that allows Zimbabweans to send money locally and internationally using an electronic platform.Speaking at the official launch, Informa...
By Staff reporter | Published: 22 October 2013
AfrAsia Kingdom Zimbabwe will next month seek shareholder approval to rebrand the flagship banking unit and other units following a 30% share disposal by founder Nigel Chanakira last month. AfrAsia wi...
By Staff reporter | Published: 22 October 2013
Zimbabwe needs investment of as much as $5,3 billion and stable mining policies if it is to boost platinum output to a point where it can rival Russia as the world's second-biggest producer of the met...
By Bloomberg | Published: 22 October 2013
Diversified group Meikles Limited says it will be able to fully implement its approved indigenisation empowerment plan when the Reserve Bank of Zimbabwe (RBZ) repays its $66,5 million deposit.The fund...
By Staff reporter | Published: 22 October 2013
Zimpapers, in conjunction with Chinese investors, is working on a huge investment to turn the defunct Typocrafters into a modern printing firm that will tap into the local and regional markets. Inform...
By Staff reporter | Published: 22 October 2013
MTN South Africa has extended its "expensive Zimbabwe call rates" promotion to 31 January 2014.A promotional rate that's R3.89/minute? I hope to never have to call Zimbabwe outside of the promotional ...
By Staff reporter | Published: 21 October 2013
A three months salary dispute between employees and Costain Zimbabwe Limited Incorporated has delayed the completion of the $22 million National Social Security Authority's hotel project in Beitbridg...
By Staff reporter | Published: 21 October 2013
New Dawn Mining Corp reported consolidated gold production for the quarter ended September 30, 2013 of 8,867 ounces, as compared to consolidated gold production for the quarter ended September 30, 201...
By Staff reporter | Published: 21 October 2013
Shareholders are advised that an EGM of the company shall be held in the Stewart Room, Meikles Hotel at 0900hrs on Wednesday, 27 November 2013 to consider the following resolutions:As a special resol...
By Meikles | Published: 21 October 2013
Embattled fixed line operator, TelOne, plans to write off overdue debts amounting to $80 million owed by residential subscribers.The group - Zimbabwe's sole land line network company - has struggled t...
By Staff reporter | Published: 21 October 2013
Mauritius-based AfrAsia Bank Limited (AfrAsia) will pay prominent banker Nigel Chanakira $12 million following the disposal of his 30 percent stake in financial group AfrAsia Kingdom Zimbabwe Limited...
By Staff reporter | Published: 21 October 2013
The Zimbabwe Power Company has secured a $40 million loan from an Egyptian company for the construction of an electricity line that will run from Orange Groove in Mutare to Hotsprings in Marange. The ...
By Staff reporter | Published: 21 October 2013
Some Sadc countries are scrambling for Chisumbanje ethanol as the world embraces environmentally-friendly fuels amid indications that South Africa, Mozambique, Botswana, Zambia and Malawi have approac...
By Staff reporter | Published: 21 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
