INDIGENOUS voices have raised eyebrows over the $260 million mining contract between Hwange Colliery Company Ltd and a Portuguese firm, Mota-Engil saying that it lacks moral wisdom. Concern has been r...
By Business Reporter | Published: 12 December 2013
ECONET Wireless continues to sweat its mobile phone network infrastructure to spread tentacles deeper into the provision of banking services by rolling out a number of cellular-based products. While p...
By Business Reporter | Published: 12 December 2013
THE 300-megawatt Kariba South Hydro Power Station expansion project is expected to start in the first quarter of 2014. The Zimbabwe Power Company (ZPC) said designs for the project were already under...
By Business Reporter | Published: 12 December 2013
THE agriculture sector requires at least $500 million to stimulate productivity and guarantee food security in the country, the Zimbabwe Commercial Farmers' Union (ZCFU) immediate past president, Don...
By Business Reporter | Published: 12 December 2013
Freda Rebecca gold mine's revenue for the six months to September declined 36% to $43.6 million from $59.7 million after mine production declined 11.2% to 32,252oz of gold compared to 36,335oz produc...
By Staff reporter | Published: 11 December 2013
Bindura Nickel's revenue for the six months to September amounted to $21.4 million after the mine sold 2,191t of nickel concentrate according to unaudited results for the interim period published by p...
By Staff reporter | Published: 11 December 2013
ZIMBABWE has extensive potential to become the world's leading producer of platinum, on the basis of an improved performance in its macro operating environment.CPM Group platinum analyst Erica Rannest...
By Staff reporter | Published: 11 December 2013
ZIMBABWE plans to construct three solar-powered plants in the west of the country at a cost of $540-million in a bid to ease electricity shortages in the country, an official with the state power comp...
By Reuters | Published: 11 December 2013
THE Securities and Exchange Commission of Zimbabwe (SECZIM) has called upon asset managers and Collective Investment Schemes to regularise their licensing with the body.This follows SECZIM's recent en...
By Staff reporter | Published: 11 December 2013
Closed Bulawayo based textile firm, Merlin, requires a minimum capital injection of $1,2 million to survive insolvency, the company's judicial manager has said.The firm was placed under provisional j...
By New Ziana | Published: 11 December 2013
Zimbabwe's auction today of 300 000 carats of diamonds in the European Union will bring greater transparency in the country's diamond sector.The sale is Zimbabwe's first ever in Antwerp. The Antwerp ...
By BH24-Skynews | Published: 11 December 2013
CHINA Africa Sunlight Energy Private Limited (Caseco) is finalising the $1,3 billion loan coming from Export-Import Bank of China that will see the mining company commencing integrated coal mining an...
By Business Reporter | Published: 11 December 2013
THE National Railways of Zimbabwe (NRZ) has engaged an international auditing firm to craft a turnaround strategy for the loss-making parastatal.NRZ public relations manager Fanuel Masikati said the s...
By Business Reporter | Published: 11 December 2013
CUT-THROAT competition in the dairy processing industry has forced local players to submit a paper to the government proposing to be shielded from the influx of cheap products.Currently the industry ...
By Staff reporter | Published: 11 December 2013
ZIMBABWE'S indigenous banks have fallen on hard times as many of them are struggling to pay depositors, a situation which heightened yesterday as evidenced by chaotic scenes at most banking halls in H...
By Staff reporter | Published: 11 December 2013
THE Zimbabwe Youth Development Trust's initiative to form a youth bank that will provide financial solutions to the informal market has hit a snag as the trust's application for mineral concessions is...
By Business Reporter | Published: 11 December 2013
ZIMPOST has invested $2 million purchasing five postal buses to combine the functions of public transport and mail delivery or collection, an official has said. The post-bus concept has been in existe...
By Staff reporter | Published: 11 December 2013
RAW milk production in Zimbabwe increased slightly to 4,58 million litres in October from 4,57 million the previous month, figures released by the Dairy Services Department in the Ministry of Agricult...
By Staff reporter | Published: 11 December 2013
Management at the Gweru glass manufacturing company, Zimglass, was held hostage for the greater part of Monday as employees protested over unpaid salaries.The company reportedly owes workers three mon...
By Staff reporter | Published: 11 December 2013
Anjin Investments has retrenched at least 950 workers out of close to 1 800 people since it started operations in 2010.About 190 of the remaining 845 workers still face the chop as the company targets...
By Staff reporter | Published: 11 December 2013
First Element Bvba will hold the first tender of diamonds from Zimbabwe in Antwerp later this week.The tender includes goods from Marange Resources, Zimbabwe Diamond Mining Company (ZDMC), Anjin Inves...
By IDEX Online News | Published: 10 December 2013
TELECEL Zimbabwe chief executive John Swaim is alleged to be conducting his duties from a foreign base after failing to obtain a work permit, sources said yesterday.Swaim's application for a work per...
By Staff reporter | Published: 10 December 2013
LOCAL manufacturing firms and mining companies are incurring as much as $8 in costs for every kilowatt hour (kWh)lost due to idleness resulting from frequent power outages, a study by a industrial lob...
By Staff reporter | Published: 10 December 2013
DELISTED manufacturing firm Cairns Holdings is expected to ramp up production by the first quarter of next year as existing shareholders give way for new investors following its recapitalisation, the ...
By Staff reporter | Published: 10 December 2013
Augur Investments chairman Ken Sharpe says construction of the $100 million Mall of Zimbabwe in the up market suburb of Borrowdale in Harare will commence next year as all relevant licenses and logist...
By Staff reporter | Published: 10 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
