NAMIBIA'S power utility, NamPower, has expressed an interest in funding the repowering of Bulawayo and Harare thermal power stations, a development expected to improve electricity generation in the co...
By Staff reporter | Published: 27 November 2013
Mining and industrial chemicals manufacturing firm Zimbabwe Phosphate Industries is seeking to raise at least $15 million for the refurbishment of its Msasa plant in Harare in order to increase capaci...
By Business Reporter | Published: 27 November 2013
ZECO Holdings has been ranked the worst governed company on the Zimbabwe Stock Exchange at the Institute of Chartered Secretaries and Administrators of Zimbabwe awards which were held recently. ...
By Business Reporter | Published: 27 November 2013
MEIKLES Limited's bid to swoop on Mwana Africa Plc's gold mining cash cow Freda Rebecca hit a brick wall after one of the group's major shareholders who was approached with an unsolicited offer ...
By Business Reporter | Published: 27 November 2013
Power utility, ZESA Holdings has received a shot in the arm after government gave it a one year import duty suspension on equipment.According to Statutory Instrument 157 of 2013, ZESA Holdings was aw...
By Staff reporter | Published: 26 November 2013
Dairy products manufacturer, Dendairy has increased its production capacity by 150 percent following a $7 million investment in a new processing plant in Kwekwe.The dairy company has since increased i...
By Staff reporter | Published: 26 November 2013
Econet Wireless has joined an initiative led by Danish wind energy group Vestas to build small wind power generators across Africa. The programme, called Wind For Prosperity, aims to provide power to ...
By Staff reporter | Published: 26 November 2013
SOUTH Africa-based minority shareholder activist Theo Botha has taken Zimbabwe Stock Exchange-listed Innscor Africa Limited management to task over the company's financial disclosures after it emerg...
By Staff reporter | Published: 26 November 2013
Canada-based mining firm Caledonia Mining Corporation will now be declaring dividend on a quarterly basis, the company said yesterday. Caledonia's primary asset is Gwanda-based gold miner, Blanket Mi...
By New Ziana. | Published: 26 November 2013
THE unbundling of Zimbabwe Stock Exchange listed Aico Africa has begun with the group withdrawing directors it had seconded to the boards of its subsidiary companies. Aico group has a 100 percent sta...
By Business Reporter | Published: 26 November 2013
THE recapitalisation of Trust Bank is hanging in the balance amid revelations that its potential investor, Mining Oil and Gas Service, a South African-based firm will only inject money into the bank ...
By Business Reporter | Published: 26 November 2013
MEIKLES Limited shareholders will tomorrow convene an extraordinary general meeting to either vote for or against the allocation of 10% of the company's shares to employees, as the group partially c...
By Staff reporter | Published: 26 November 2013
LOCALLY-OWNED diamond polishing companies have raised concerns over the quality of gems delivered by local diamond companies for value addition, blighting hopes of increasing government revenue throug...
By Business Reporter | Published: 26 November 2013
Zimbabwean authorities should seriously engage their South African counterparts to plug gold leakages estimated to be between 100 kg and 300 kg, legislator Paradzai Chakona told Parliament.This comes...
By Staff Reporter | Published: 26 November 2013
Chinese company Afrochine, which recently constructed a chrome smelting plant in Selous, is planning to build a multi-million dollar electricity generation plant in the area to ensure continued power ...
By Staff reporter | Published: 25 November 2013
EcoCashSave account holders will soon be able to also borrow money, just like ordinary bank account holders. This is part of what will be called EcoCashCredit that Econet is planning to roll out earl...
By Staff reporter | Published: 25 November 2013
Local contractors say lack of lines of credit has disadvantaged them from competing with their regional counterparts and this has impacted negatively on the growth of the sector.Zimbabwe's liquidity c...
By Staff reporter | Published: 25 November 2013
At the company's 17th AGM held on Friday 22 November 2013, all resolutions tabled were passed unanimously.In a trading update, management reported that turnover for Q1 2014 increased by 5% y-o-y. Marg...
By Staff reporter | Published: 25 November 2013
ZTE Corporation, the Chinese-headquartered global provider of telecommunications equipment and network, is planning to supply 80 percent of Zimbabwe's smartphone market with affordable handsets.The co...
By Business Reporter | Published: 25 November 2013
The Zimbabwean government has announced it will summon mining companies in the controversial Chiadzwa diamond fields to ask why their revenues are so low.A top government official says diamond product...
By Staff reporter | Published: 25 November 2013
BULAWAYO-based textile firm National Blankets (Pvt) Ltd creditors will next month submit their financial claims as the troubled firm's liquidation draws to a close.According to officials from the PMA ...
By Staff reporter | Published: 25 November 2013
The construction of a $25 million chrome smelter in Selous has been completed in a move that will increase value addition of raw chrome.The smelter, which was built by a Chinese company, Afrochine Sm...
By Staff reporter | Published: 25 November 2013
Zimbabwe is in talks with private investors to build a $1 billion platinum refinery, after companies "deliberately delayed" construction, Mines minister Walter Chidakwa said.Chidakwa, who didn't ident...
By Bloomberg | Published: 25 November 2013
INNSCOR'S first quarter performance is not only signalling the slowdown of the economy, but is also pointing to a business which has reached maturity and perhaps suffering from an old conglomerate syn...
By Staff reporter | Published: 25 November 2013
OLD Mutual Zimbabwe will spend about $100 million on property development in the next three years, group chief executive Mr Jonas Mushosho said last week. Some of the projects being implemented by the...
By Business Reporter | Published: 25 November 2013
Students arrested for opposing Mnangagwa term extension 
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
