Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, announced that it has won the contract to deploy Agilis Core General Insurance software...
By Business reporter | Published: 27 September 2013
ZIMRE reported a respectable set of results as operating profit significantly increased to $1.6m from a loss of $1.1m in the prior period. Profit before tax for the group improved from a loss of $1.4...
By Staff reporter | Published: 27 September 2013
Pursuant to the passing of the Scheme of Arrangement, Starafrica has published an update. Negotiations with potential buyers of Starafrica's investment in Tongaat Hulett Botswana and Bluestar Logistic...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited reported a set of flat numbers with revenue going up 2.2% to $44m on the back of a 66% contribution from Construction and 34% contribution from Manufacturing. Compared to the ...
By Staff reporter | Published: 27 September 2013
CBZ Holdings is offering a Nil Cost Dealing Facility (NCDF) to shareholders with shareholding not exceeding 5,000 shares. The facility is targeting 9,888 shareholders and 7,710,510 shares. The NCDF w...
By Staff reporter | Published: 27 September 2013
Zimbabwe's mining sector has a the potential to boost national economic activity given that it has grown by 35 percent in the period 2009 to 2011 with its contribution to Gross Domestic Product risin...
By Staff reporterq | Published: 26 September 2013
TelOne has embarked on the transformation of its service centres countrywide into one stop convenient shops.Speaking to journalists on the sidelines of the official opening of TelOne's first one stop ...
By Staff reporter | Published: 26 September 2013
Reserve Bank of Zimbabwe has disposed 49 percent of its 63 percent stake in the Astra industries to a Japanese paint manufacturing giant Kansai Plascon in a deal worth $5,5million.The disposal is part...
By Staff reporter | Published: 26 September 2013
Padenga CE Gary Sharp told an analyst briefing this morning that the Group will focus on increasing throughput at the skinning service plant and the meat plant while sale of alligator skins will more ...
By Staff reporter | Published: 26 September 2013
Zimpapers released a decent set of results with a 14% growth in revenue to $22.4m. The gross profit increased by 21% to $16.5m on efficient purchasing of critical raw materials mainly newsprint and i...
By Staff reporter | Published: 26 September 2013
Padenga Holdings Limited posted a muted set of financials as the culling of the Niloticus was delayed in order for the operation to realise best quality skins. Nonetheless, the business fundamentals ...
By Staff reporter | Published: 26 September 2013
KWEKWE based dairy concern, Dendairy, has invested $6 million in the purchase of a tetrapak plant which will see the company becoming the first local dairy firm to introduce long shelf-life milk on th...
By Staff reporter | Published: 26 September 2013
Zimbabwe needs to implement friendly policies to attract investors in the capital intensive sectors, newly appointed Mines minister Walter Chidhakwa has said.Chidhakwa told delegates attending the 5t...
By Staff reporter | Published: 26 September 2013
THE European Union officially lifted its trade embargo on the Zimbabwe Mining Development Corporation (ZMDC) with effect from yesterday, paving way for the export of diamonds from Marange Diamond Fiel...
By Staff reporter | Published: 26 September 2013
Fresh details of the leadership crisis at Air Zimbabwe have emerged, with forensic auditors exposing possible manipulation of aviation insurance policies by past and present bosses, which could have p...
By Staff reporter | Published: 26 September 2013
There is potential for conflict of interest at NMB arising from the fact that one of the major shareholders sits on its board of directors despite having a vested interest in some of the transactions...
By Staff reporter | Published: 26 September 2013
Zimbabwe's short-term non-life insurance industry has recorded a 7.56% increase in gross premiums to $117. 8 million for the 6 months ended June 30, 2013 due to growth in volumes of business gen...
By Staff reporter | Published: 26 September 2013
Canada-based New Dawn Mining Corporation plans to delist from the Toronto Stock Exchange and move its operations in the tax haven of Cayman Islands as part of on-going attempts to cut costs. The Zimba...
By Business Reporter | Published: 25 September 2013
The government has assured existing and potential investors in the mining sector that it will continue to pursue investor friendly policies which seek to increase foreign direct investment and sustain...
By Staff reporter | Published: 25 September 2013
Chewing gum manufacturer, Dandy Zimbabwe is working on a recapitalisation package to boost capacity from 30 percent to 60 percent by year end.Dandy Zimbabwe managing director Mr Peter Morgansen said ...
By Staff reporter | Published: 25 September 2013
Conveyor belt manufacturer, General Beltings Holdings (GBH) said on Tuesday it failed to return to profitability despite accessing $1 million from the Distressed and Marginalised Areas Fund (Dimaf) to...
By Staff reporter | Published: 25 September 2013
Bindura Nickel Corporation subsidiary Trojan Mine has so far produced around 1 800 tonnes of concentrate from over 253 392 tonnes of ore since it resumed production early this year, an official has sa...
By Staff reporter | Published: 25 September 2013
Meikles Hospitality says the $8,5 million refurbishment of its hotel's north wing is now complete and guests are already being booked into the new rooms.The refurbishment drive, which started in April...
By Staff reporter | Published: 25 September 2013
THE mining sector has grown by an astonishing 35 percent in the period 2009 to 2011 with its contribution to Gross Domestic Product rising from 4 percent to 16 percent, industry data shows.According t...
By Staff reporter | Published: 25 September 2013
Dawn Properties' Chief Executive Justin Dowa told the AGM earlier today that revenue for the 4 months to July 2013 grew by 3% to $1.8 million with rental income remaining flat. Trading conditions...
By Staff reporter | Published: 25 September 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
