THE Deputy Sheriff has attached 31 Zimbabwe United Passenger Company (Zupco) buses over a half-a-million dollar debt owed to retrenched workers.The writ of execution was obtained at the Bulawayo High ...
By Staff reporter | Published: 05 December 2013
Meikles Limited (Meikles) intends to make forays into the lower end of the market as part of strategies to boost revenue and unlock shareholder value.The Zimbabwe Stock Exchange-listed group, whose de...
By Staff reporter | Published: 05 December 2013
Zesa Holdings (Zesa) has tentatively agreed to a $100 million financing deal with the African Export and Import Bank (Afreximbank) for its prepaid meter-expansion project, businessdaily can reveal.Thi...
By Staff reporter | Published: 05 December 2013
Hunyani Holdings management advise that since the publication of the interim results to 30 April 2013, there have been several developments which warrant a trading update. The sale of non-core propert...
By Staff reporter | Published: 05 December 2013
GOVERNMENT is expected to complete consultations on the new mining policy draft in the first quarter of next year amid concerns that some investors are holding on to idle concessions for speculative p...
By Business Reporter | Published: 05 December 2013
A TOTAL 4,5 percent Zimplow Holdings shares were offloaded yesterday on the Zimbabwe Stock Exchange after an investor foreclosed on a debt owed by Tetrad Holdings, the Herald reported.During trades o...
By Staff reporter | Published: 05 December 2013
LISTED financial services group, FBC Holdings (FBCH), has shelved plans to sell its 49 percent stake in the roofing and building products manufacturer, Turnall Holdings Limited, the Financial Gazette ...
By Staff reporter | Published: 05 December 2013
THE tedious process of importing and transporting inputs needed for the production of Ammonium Nitrate fertiliser is contributing to its looming shortage as the sole fertiliser producing company conti...
By Business Reporter | Published: 05 December 2013
MAJORITY shareholders in Zimbabwe Stock Exchange-listed paint and chemical products manufacturer, Astra Industries Limited, said last week they were planning a mandatory offer to minorities in a trans...
By Staff reporter | Published: 05 December 2013
ANGLO American plc has invested $350 million in its Zimbabwean unit, Unki Platinum Mines and will spend a further $100 million next year as it consolidates operations."The first phase of this developm...
By Business Reporter | Published: 05 December 2013
ZAMBEZI River Authority (ZRA), a company which manages the water resources of the Zambezi River on behalf of Zimbabwe and Zambia, has secured $6 million from the World Bank for the updating of ...
By Staff reporter | Published: 05 December 2013
Zimbabwe's fertiliser industry says it requires $50 million to sustain operations for the 2013/2014 agricultural season.The industry is operating at an average of 40 percent capacity utilisation as ...
By Staff reporter | Published: 05 December 2013
Government has gazetted a new set of banking sector regulations that seeks to protect the interests of depositors with a view of increasing savings in the economy.According to Statutory Instrument 156...
By Staff reporter | Published: 04 December 2013
PG Industries issued a cautionary on Wednesday as the group said it was involved in negotiations which will have a material effect on the company. "Shareholders are advised that the Company is...
By Staff reporter | Published: 04 December 2013
The first step to public private partnership (PPP) is when companies realize that investing into the economy will not only create a better environment for their business but enrich the welfare of the ...
By Staff reporter | Published: 04 December 2013
THE tourism sector has applauded Air Zimbabwe for improving connectivity and contributing to an upsurge in tourist arrivals in the country especially in the resort town of Victoria Falls.The national ...
By Staff reporter | Published: 04 December 2013
THE Associated Mine Workers Union of Zimbabwe (AMWUZ) is demanding wages linked to the poverty datum line (PDL) in its 2014 collective bargaining negotiations with the Chamber of Mines. AMWUZ presiden...
By Staff reporter | Published: 04 December 2013
A LOCAL unit of South Africa-headquartered Standard Bank Group has rolled out a new sales tablet and application as the bank goes paperless to improve efficiencies, the bank has announced.The sales t...
By Staff reporter | Published: 04 December 2013
The Industrial Development Corporation's cement manufacturing unit, Sino-Zimbabwe, says it has increased its clinker production capacity by 40% to 700 tonnes per day after upgrading its plant at a cos...
By Staff reporter | Published: 04 December 2013
ZIMPOST says it has invested at least $3,1 million automating 60 post offices countrywide as it strives to modernise and increase efficiency in its services, the Herald reported.The computerisation sc...
By Staff reporter | Published: 04 December 2013
Global fuel company Puma Energy has acquired a significant shareholding in Redan Petroleum for an undisclosed amount. Puma Energy head of media relations Ms Victoria Dix said in an e-mailed statement ...
By Business Reporter | Published: 04 December 2013
The Government should consider introducing a 25 percent levy on milk imports to protect the local dairy sector, an industry player said on Friday. Zimbabwe consumes at least 10 million litres of milk ...
By New Ziana. | Published: 04 December 2013
MAURITIUS-based AfrAsia Holdings Limited (AfrAsia) has injected liquidity support to the tune of $10 million to Kingdom Bank Limited as part of strengthening the institution's financial position. AfrA...
By Business Reporter | Published: 04 December 2013
The Hospitality Association of Zimbabwe says most hotels and lodges in Victoria Falls are already fully booked for the festive season.With a few weeks to go before the country joins the rest of the w...
By Staff reporter | Published: 03 December 2013
African Export - Import Bank (Afreximbank) workshop on "Factoring as an Alternative Trade Finance Instrument in a Competitive World" ended with a call on African businesses to move massively into the ...
By Staff reporter | Published: 03 December 2013
Mohadi in Angola to honour fallen heros 
'ANC of Ramaphosa on the verge of collapse' 
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
