A TANZANIAN firm, Bakhresa Group, is set to inject between $25 million and $40 million into grain milling and food processing entity, Blue Ribbon Industries, to revive the once vibrant company. Blue R...
By Staff reporter | Published: 21 January 2014
Mwana Africa's cash cow, Freda Rebecca, registered a decline in output after a total of 13 072 ounces were produced during the quarter, representing a decrease of 25 percent over the previous quarter....
By Staff reporter | Published: 21 January 2014
Mwana Africa's Nickel production rose 76 percent to 2 651 tonnes at Trojan Mine, a unit of Mwana Africa's 75,4 percent owned Zimbabwe Stock Exchange listed Bindura Nickel Corporation, compared to the ...
By Business reporter | Published: 21 January 2014
South African-based Tongaat Hulett, which wholly owns Triangle Limited - a company that was recently granted a temporary licence to deliver ethanol to the local market to shore up supplies - has court...
By Staff reporter | Published: 20 January 2014
Major platinum miners in Zimbabwe have met a government deadline to agree and submit plans to build a major refinery in the country by the end of 2016, state media reported on Sunday.President Robert ...
By Reuters | Published: 20 January 2014
Government plans to restructure the Industrial Development Corporation (IDC) as part of efforts to revive the country’s ailing industry. The corporation, wholly owned by government, plays a role of ...
By Staff reporter | Published: 20 January 2014
Fixed telecommunications operator, Telone will invest $90 million in new projects particularly in data, managing director Mrs Chipo Mtasa said.Mtasa said the money was part of the company's budget set...
By Staff reporter | Published: 20 January 2014
Econet Wireless Zimbabwe is under pressure to revise its position regards to the opening up of USSD gateway amid indications banks are planning not to transact with its banking unit Steward Bank on th...
By Staff reporter | Published: 20 January 2014
Econet Wireless Global has acquired the 8.6% in its subsidiary Liquid Telecom held by JSE listed technology company Altron. In a statement to the Johannesburg Stock Exchange (JSE), Altron, which ...
By Staff reporter | Published: 17 January 2014
Zimbabwe's deadline for the world's biggest platinum producers to submit plans for the construction of a refinery expired yesterday as it confirms its decision to ban raw exports of the metal by year ...
By Bloomberg | Published: 17 January 2014
Zimbabwe's output of tobacco this year may exceed 2013's harvest as the number of farmers registered to grow the leaves surged 32 percent, the head of the nation's marketing board said."Although we do...
By Bloomberg | Published: 17 January 2014
Six new Luxury Safari Suites were opened in December as a result of an increasing rate of tourist arrivals.Award winning AFRICA ALBIDA TOURISM (AAT) a hospitality group with hotels, lodges and restaur...
By Staff reporter | Published: 17 January 2014
The Deposit Protection Corporation says it will immediately pay all Trust Bank depositors a maximum insurable limit of $500 per depositor from the Deposit Protection Fund.This follows the appointment ...
By Staff reporter | Published: 17 January 2014
THE ZSE listed Willdale Limited has terminated its negotiations with a Chinese investor, the company has said.According to reports, the company planned to lease out its factory for five years as it in...
By Staff reporter | Published: 17 January 2014
Zimbabwe's second largest cooking oil refinery, United Refineries, says it is now looking to revive exports, which would increase its capacity utilisation.The company has a refining capacity of 8 000 ...
By Staff reporter | Published: 17 January 2014
STANDARD Chartered's private equity arm has taken a 13% stake in Botswana-listed supermarket chain Choppies Enterprises, hardly three months after the retail giant opened shop in Zimbabwe.Choppies Ent...
By Staff reporter | Published: 17 January 2014
ZIMBABWE Farmers' Union (ZFU) has called on the Grain Marketing Board (GMB) to come up with competitive maize producer prices to promote local farmers.In an interview yesterday, ZFU vice-president Ber...
By Business Reporter | Published: 17 January 2014
ZB Financial Holdings says plans to merge its bank and building society are at an advanced stage and the completion of the process is expected in the next few months.ZB Bank acting managing director, ...
By herald | Published: 17 January 2014
Listed beverages maker Delta Corporation (Delta) says its lager beer volumes remain depressed, slumping 25% if compared to the 2012 quarter and 15% for the nine months to December 2013.The brewer - ab...
By Staff reporter | Published: 16 January 2014
Ecobank Transnational Inc. and MasterCard, have announced a multi-country licensing agreement which will provide access to MasterCard's payment solutions for Ecobank's customers in a further 23 Afric...
By Staff reporter | Published: 16 January 2014
Finance Minister Patrick Chinamasa on Wednesday criticised local banks for failing to come up with innovative strategies to tap into the informal sector, which is now driving the economy.Addressing d...
By New Ziana | Published: 16 January 2014
Econet Wireless has opened up full Unstructured Supplementary Service Data (USSD) functionality for ZimSwitch mobile money transfer service, TechZim reported.According to TechZim, in the coming month...
By Staff reporter | Published: 16 January 2014
THE Industrial Development Corporation will seek Government approval to borrow $10 million to $15 million to recapitalise Chemplex Corporation's subsidiaries, Dorowa Minerals and ZimPhos. IDC, wholly ...
By Staff reporter | Published: 16 January 2014
BANKS continue to make the bulk of their income from fees and charges as opposed to the core business of lending money in what significantly eats into the banking public's hard earned cash. Acco...
By Staff reporter | Published: 16 January 2014
THERE has been slow up-take of the US60c mandatory offer share price ADC Mauritius made to ABC Holdings minorities when the former increased its stake above the threshold exempt from the compulsory of...
By Staff reporter | Published: 16 January 2014
Court rebukes RBZ, lifts US$7m freeze 
Mugabe son paid shooting victim R400k, court told 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Fuel shock drives Zimbabwe inflation higher 
Court ruling exposes deep cracks in Zimbabwe's gold trade 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
