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
The transformation of the financial services sector is key to attracting investment in the country, a Government official said.Finance and Economic Planning Minister Patrick Chinamasa said reforming t...
By Staff reporter | Published: 27 November 2013
First Mutual Limited has launched a low cost cross network mobile life insurance product called e-FML which is an enhancement of the Funeral Cash Plan. FML Assurance company MD Ruth Ncube said e-...
By Staff reporter | Published: 27 November 2013
Meikles Limited which secured approval of its provisional indigenisation plan by government a few months ago, today also got support from its shareholders to undertake transactions necessary for the p...
By Staff reporter | Published: 27 November 2013
Zimbabwe must have adequate power supply in order to fully realise the benefits of a platinum refinery, the Platinum Producers Association of Zimbabwe (PPAZ) says.This comes on the back of escalated e...
By Staff reporter | Published: 27 November 2013
EMBATTLED telecommunications company Valley Technologies was placed under final liquidation by the High Court, but the company's ownership remains unclear after both Nigel Chanakira and Zachary Wazara...
By Staff reporter | Published: 27 November 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
