Barclays Bank (Zimbabwe) is one of four foreign-owned banks operating in Zimbabwe and the only one listed on the domestic bourse. The bank has been critical in mobilising credit lines to boost Zimbabw...
By Staff reporter | Published: 13 December 2013
BANKS are once again up in arms with Econet Wireless over the mobile phone operator's refusal to give them access to its network platform to freely roll out their financial products.This comes as Zimb...
By Staff reporter | Published: 13 December 2013
Mines and Mining Development Minister Walter Chidhakwa yesterday dissolved boards of three institutions under his ambit, namely the Zimbabwe Mining Development Corporation (ZMDC), Minerals Marketing A...
By New Ziana | Published: 12 December 2013
The Zimbabwe Diamond Technology Centre (ZDTC) set up in 2010 to help locals add value locally to the country's rough diamonds, will soon start diamond beneficiation in Harare, according to reports.The...
By Diamond World | Published: 12 December 2013
THE application for the liquidation of the country's sole manufacturer of knitting yarn, Karina Textiles (Pvt) Ltd was approved last Thursday. Karina Textiles shareholders had applied for liquidation ...
By Staff reporter | Published: 12 December 2013
FBC Holdings Limited (FBCH)'s mortgage subsidiary is targeting $5 million-plus from its international financiers to expand its housing projects next year as it seeks to continue impacting on Zimbabwe'...
By Staff reporter | Published: 12 December 2013
Celsys Limited released a depressed set of results recording an attributable loss of $0.6m. Administrative expenses decreased by 15% while labour costs continue to burden the company increasing by 9% ...
By Staff reporter | Published: 12 December 2013
THE country's property sector is not likely to experience significant growth in 2014 as default rates and the amount of voids continue to rise unabated. Default rates have remained as high as 50 to ...
By Staff reporter | Published: 12 December 2013
Fifteen thousand first time home - seekers are set to benefit from Old Mutual's housing developments across the country in the next five years.The insurance giant has set aside $62 million towards fun...
By Staff reporter | Published: 12 December 2013
ECONET Wireless Zimbabwe walked away with four prestigious awards at the Marketers Association of Zimbabwe 2013, Super Brand annual awards plus the prestigious overall business Super- brand 2013 award...
By Business reporter | Published: 12 December 2013
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
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
