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...
By Southern Eye | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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...
By herald | Published: 16 January 2014
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, ...
By chronicle | Published: 16 January 2014
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 ...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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, ...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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...
By Staff reporter | Published: 16 January 2014
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 ...
By Staff reporter | Published: 16 January 2014
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...
By Staff reoporter | Published: 20 December 2013
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...
By Business reporter | Published: 20 December 2013
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...
By Business Reporter | Published: 20 December 2013
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 ...
By Staff reporter | Published: 20 December 2013
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...
By Staff reporter | Published: 20 December 2013
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...
By Staff reporter | Published: 19 December 2013
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...
By Staff reporter | Published: 19 December 2013
Star Africa released a depressed set of results underlined by a 60% decline in the top line from $17.4m to $6.9m. This was mainly attributed to a 44% decrease in sugar production at Gold Star Sugars H...
By Staff reporter | Published: 19 December 2013
The Scheme of Arrangement between Star Africa Corporation Limited and its lenders and creditors which was sanctioned by the High Court on 7 August 2013 and registered with the register of companies on...
By Staff reporter | Published: 19 December 2013
ART Corporation reported a muted operating performance characterised by increased competition and decline in sales volumes for financial year ended 2013. Although capacity utilisation increased by one...
By Staff reporter | Published: 19 December 2013
THE ugly fight between banks and Econet Zimbabwe, the country's largest telecoms company, has sucked in its subsidiary Steward Bank, amid revelations other banks have refused the bank entry onto the p...
By Staff reporter | Published: 19 December 2013
A Zimbabwean private equity firm Brainworks Capital has been appointed as one of the key financial advisors to the $325 million Atlas Mara investment vehicle.Atlas Mara is a banking investment cash sh...
By Staff reporter | Published: 19 December 2013
Mnangagwa to officiate at Mine Entra 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
Zimbabwe's dollar stock exchange surges 45% 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
