GOVERNMENT says it will review mining royalties and rates of taxation with a view to reduce the cost from mining charges to ensure optimal exploitation of minerals, Deputy Minister of Mines and Mining...
By Staff reporter | Published: 05 November 2013
Metallon Gold Zimbabwe group chief executive officer Mr Allan Mashingaidze has resigned barely a year after his two predecessors also resigned. In a telephone interview, Metallon corporate affairs m...
By Staff reporter | Published: 05 November 2013
HOTEL group African Sun Limited has reduced its short-term debt by more than 30 percent following the disposal of some shares in property firm, Dawn Properties. As at 31 March, ASL's short-term debt s...
By Business Reporter | Published: 05 November 2013
PLATINUM miner Mimosa faces a wave of strikes over plans to cut up to 700 jobs. The Zvishavane-based miner is also mulling wage cuts citing operational challenges.Top management from Implats and Aquar...
By Staff reporter | Published: 05 November 2013
Islamic group Orischart says it is in negotiations with monetary authorities in Zimbabwe to introduce Islamic banking in the country.Ashirai Mawere, an Orischart official, told businessdaily that the...
By Staff reporter | Published: 05 November 2013
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The Zimbabwe Energy Regulatory Authority (ZERA) is concerned with the slow pace at which some licensed Independent Power Producers (IPP's) are implementing their projects.ZERA has in recent years lic...
By New Ziana | Published: 04 November 2013
The Grain Marketing Board (GMB) said on Sunday it now owed wheat and maize farmers at least $3.2 million after paying part of the debt owed to them.Government recently released at least $9 million to ...
By New Ziana | Published: 04 November 2013
The Industrial Development Corporation (IDC) is still hunting for an investor to take over its 49 percent shareholding in Bulawayo based manufacturing firm, Zimbabwe Grain Bag (ZGB).The company was ...
By New Ziana | Published: 04 November 2013
One thousand Zimbabwean smallholder farmers are set to benefit from a $3 million Food and Agriculture Organisation (FAO) project meant to improve and sustain households, and national food and nutritio...
By Staff reporter | Published: 04 November 2013
The African Development Bank (AfDB) says there is a need for local fertiliser manufacturers to devise ways of boosting production to stem increasing imports of the commodity into the country.Citing th...
By New Ziana | Published: 04 November 2013
THE Cold Storage Company (CSC) is $22 million in the red and could have its property attached to settle the debt, it has emerged.Sources close to the operations of the parastatal revealed that the deb...
By Staff reporter | Published: 04 November 2013
ECONET Wireless is on the verge of concluding negotiations with Cell Insurance to underwrite its new insurance product as the mobile phone firm turns to value-added products to grow revenue, sources c...
By Staff reporter | Published: 04 November 2013
Government must prioritise the recapitalisation of the Reserve Bank of Zimbabwe (RBZ) in the forthcoming 2014 National Budget to help ease liquidity challenges in the country, the Bankers Association ...
By Staff reporter | Published: 04 November 2013
Bikita West MP Munyaradzi Kereke has charged that EcocashSave was illegal and violated the country's constitution and banking laws.Kereke distributed a document: Advisory Memorandum to Econet Wireless...
By newsday | Published: 03 November 2013
Market analysts say Zimbabwe is poised to become a major force in the global platinum trade given the challenges facing South Africa's platinum sector.With the high cost of production and recent job ...
By Staff reporter | Published: 02 November 2013
The mining sector has maintained its position as Zimbabwe's main export earner after raking $1,3 billion in the past eight months.Official data released shows that despite the limited inflows from Zim...
By Staff reporter | Published: 02 November 2013
The dispute between Meikles stores and its employees has taken a new twist following the giant retail company's refusal to adhere to the outcome of the judgment from the National Retrenchment Board.Me...
By Staff reporter | Published: 01 November 2013
Dawn Properties which was trading under the franchise of CB Richard Ellis has rebranded to become Dawn Property Consultancy. Dawn properties decided to trade under the name of its parent company, Zimb...
By Staff reporter | Published: 01 November 2013
TELECEL, Zimbabwe's second largest telecoms company, is expected to launch its new mobile money service in a week's time.Insiders refused to share any information with us because, "the Reserve Bank ...
By Staff reporter | Published: 01 November 2013
Cash-strapped Zimbabweans are set to get relief from national power utility Zesa's decision to scrap electricity bills beginning today. Josh Chifamba, Zesa chief executive yesterday confirmed to...
By Staff reporter | Published: 01 November 2013
Zimbabwe's gold production continued on the downward trend, slumping 11,8 percent to 1 049,30 kg in August 2013 from 1 189,28 kg produced in prior month as depressed international metal prices continu...
By Staff reporter | Published: 01 November 2013
Econet Wireless Zimbabwe (Econet) says its banking subsidiary Steward Bank (Steward) is now the largest bank in the country in terms of account holders with over 500 000 subscribers registered on its...
By Staff reporter | Published: 01 November 2013
Econet Wireless Zimbabwe has revealed that it has invested $1.2 billion in the Zimbabwean economy since the country's largest telecommunications company was started 15 years ago, with at least $1billi...
By Staff reporter | Published: 01 November 2013
TOTAL after tax profit for local banks reporting half-year results for the year ending June declined to $52 million from $63 million following an agreement to lower bank charges, a local brokerage and...
By Staff reporter | Published: 01 November 2013
NEARLY 30 million shares changed hands in African Sun Limited (ASL) on Monday at 2,6 US cents, raking in $758 463 as the group's new shareholders complete transactions around the hospitality company.T...
By Big Law IR | Published: 01 November 2013
Mnangagwa's term extension amplified in Mashonaland 
Zimbabwe's silence on Operation Dudula worrisome 
Goodyear shutters multiple global plants 
ZSE pushes for another equities tax cut to boost selloffs 
Zimbabwe's forex receipts jump 23% 
Murray & Roberts shutting down after 120 years 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
