Refurbishment of the New Zimsteel plant in Redcliff is progressing well with government promising operations will resume before the end of this year.Government says engineers working on the New Zimste...
By Staff reporter | Published: 29 November 2013
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By Securico | Published: 29 November 2013
ELECTRICITY users should brace for tough times as the national power utility Zimbabwe Electricity Transmission and Distribution Company (ZETDC) plans to hike tariffs barely three months after it slash...
By Staff reporter | Published: 29 November 2013
Zimplats yesterday said it held successful negotiations with government on the establishment of a refinery.Speaking on the sidelines of a tour of the Zimplats Mine in Ngezi by the Mines and Mining Dev...
By Staff reporter | Published: 29 November 2013
South Africa-based Pretoria Portland Cement (PPC) says it is finalising a feasibility study on the construction of a $200 million clinker production plant in Zimbabwe.The group, which owns local unit...
By Staff reporter | Published: 29 November 2013
Zimbabwe is willing to let foreign-owned platinum mining firms own majority shares in their local operations if they build a refinery in the country, the mines minister said on Thursday.The southern A...
By Reuters | Published: 29 November 2013
INTERNATIONAL diamond players, including Botswana registered company First Element Diamond Services (First Element), are flocking to Zimbabwe for opportunities to exploit the country's vast diamond de...
By businessdigest | Published: 29 November 2013
The Reserve Bank of Zimbabwe has made an about-turn on the issue of bank charges, giving banks the green-light to review their charges, effectively revoking a memorandum of understanding (MoU) with ba...
By Staff reporter | Published: 29 November 2013
MANAGEMENT changes are looming at cement producer Lafarge amid revelations incumbent managing director Mr Johnathan Shoniwa will be moved to chair the group with an unnamed appointee from Egypt replac...
By Staff reporter | Published: 29 November 2013
OLIVINE Industries is struggling to attract investors and its parent company, AICO Africa has been advised to sell its interest in the fast moving consumer goods firm even at a loss. AICO owns 51 perc...
By Staff reporter | Published: 29 November 2013
TRUCK owners contracted by Lobel's Bread to deliver bread in Bulawayo are alleging that the firm has gone for two months without paying them for their services. Some of the contractors who preferred n...
By Business Reporter | Published: 29 November 2013
LEADING telecommunications company Econet has been named employer of choice by university students and graduates, a survey of students has shown. The survey was conducted by Datasol Zimbabwe and CV Pe...
By Business Reporter | Published: 29 November 2013
AICO Africa Limited has written down $30,2 million from the value of two of its units to reflect the decrease in their carrying amounts after a poor financial performance in the interim period to 30 S...
By Staff reporter | Published: 28 November 2013
Barclays Plc is planning to launch its smartphone mobile banking app, Pingit in Zimbabwe and other African countries within the next few months.This follows the launch of the application in Kenya. The...
By BH24/Techzim | Published: 28 November 2013
Local refrigerator manufacturer, Imperial and Commercial Refrigeration is expecting to realise over $600 000 by March next year following a big order from beverages manufacturer Coca-Cola company for...
By Staff reporter | Published: 28 November 2013
Truworths Limited group CE Themba Ndebele told an AGM this morning recorded a 5.9% turnover growth for the four months ending October 13.Truworths launched a 36 months In-store Credit Card facility fo...
By Staff reporter | Published: 28 November 2013
Dawn Properties Limited released an improved set of results recording a 4% growth in revenue to $2.9m (2012: $2.8m). Reported operating profit increased by an impressive 185% mainly because of the rat...
By Staff reporter | Published: 28 November 2013
Israeli mining investor Yaron Yamin - in conjunction with his local partners - is on the verge of tying a deal with the Zimbabwean government to mine diamonds at Chiadzwa, businessdaily revealed.The G...
By Staff reporter | Published: 28 November 2013
Aico Africa is facing foreclosure and possible sequestration of its 50% SeedCo stake for loan guarantees it pledged on behalf of its subsidiary companies. The group guaranteed loans advanced to the Co...
By Staff reporter | Published: 28 November 2013
NORMALCY had returned at most banks in Harare yesterday with people withdrawing their cash without hiccups.A snap survey yesterday afternoon showed that people were withdrawing their money without has...
By Staff reporter | Published: 28 November 2013
ZIMBABWE’S textile industry, which at its prime was one of the major employers in the country, is on the brink of collapse as fears mount over the closure of more textile firms. While other sub-sec...
By Business Reporter | Published: 28 November 2013
WITH the term of Reserve Bank governor Dr Gideon Gono due to expire this month, Government is set to appoint an acting governor while the search for his successor continues. Senior Government official...
By Business Reporters | Published: 28 November 2013
BEVERAGES group, Delta Corporation clinched the Investor of the Year Award 2013 at the inaugural Zimbabwe Investment Authority (ZIA) Investor Awards held at a local hotel on Tuesday.The awards, meant ...
By Staff reporter | Published: 28 November 2013
For the second year running, Liquid Telecom has been named Best African Wholesale Carrier at the annual Global Carrier Awards, beating off strong competition from WIOCC, Orange and PCCW Global.Organis...
By Staff reporter | Published: 28 November 2013
Listed roofing and building products manufacturer Turnall Holdings Limited tiles making plant which was commissioned in August this year is close to meeting its capacity of 45 000 tiles per day, a com...
By Staff reporter | Published: 27 November 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
