AIR ZIMBABWE has begun discussions with the tough-talking multi-millionaire investor, Nicholas van Hoogstraten, which could see the British tycoon availing an undisclosed sum to the beleaguered nation...
By Staff reporter | Published: 01 November 2013
The Ministry of Agriculture, Mechanisation and Irrigation Development is working on a Statutory Instrument to allow Agribank to incorporate the functions of a lease bank as government tries to ensure...
By Staff reporter | Published: 01 November 2013
ZIMBABWE's mining industry, reeling from a punitive tax regime, has proposed massive fee cuts of almost 100 percent.Mike-BimhaThe industry argues that most Greenfield mining projects were still in the...
By Staff reporter | Published: 01 November 2013
FOOD and beverages manufacturer, Cairns Holdings Limited, has secured a $1 million loan from the Distressed Industries and Marginalised Areas Fund (DIMAF) for capital expenditure and working capital r...
By Staff reporter | Published: 01 November 2013
A Chinese company has expressed willingness to avail a state-of-the-art printing press to the Zimpapers Group to be installed at the company's Bulawayo premises.This came out when the Chinese ambassad...
By Staff reporter | Published: 31 October 2013
Centar, a company founded by former JP Morgan Chase and Company merger adviser Mr Ian Hannam, has won regulatory approval to mine in Zimbabwe in a joint venture with Meikles Ltd.Approval from the Comp...
By Bloomberg | Published: 31 October 2013
Credit to the private sector marginally rose 0,61 percent in August this year from $3,67 million in July to $3,69 million, says the Bankers Association of Zimbabwe.The credit was mostly dominated by l...
By Staff reporter | Published: 31 October 2013
Plans to expand Motira tractors, a joint venture business between Iran and Zimbabwe, have stalled due to challenges being incurred in shipping the knocked down kits needed to boost production at the a...
By New Ziana | Published: 31 October 2013
Cooking oil manufacturer Surface Investments has temporarily suspended plans to install a new bottling plant due to shortages of raw materials on the local market, an official said on Thursday.Early ...
By New Ziana | Published: 31 October 2013
THE National Social Security Authority, the majority shareholder in Capital Bank has authorised sale of the bank's 21 percent shareholding in First Mutual Life to partly pay off depositors as the nati...
By Staff reporter | Published: 31 October 2013
The Government has approved 33 Special Grants for the exploration of energy minerals across the country to boost the extraction of resources that improve power generation.Addressing stakeholders at a ...
By Staff reporter | Published: 31 October 2013
Zimplats saw its first-quarter production and revenues for the period to end September rise by 6% and 16% respectively, while cash production costs declined marginally, Business Day reported.Zimbabwea...
By Staff reporter | Published: 31 October 2013
Zimbabwe's government will review a plan by South Africa's Impala Platinum to sell control of its Zimplats unit to local black investors for $971 million, Zimplats said on Thursday.Implats, the world'...
By Reuters | Published: 31 October 2013
India-based Essar Holdings (Essar)'s top management is in the country to conclude the $750 million deal aimed at reviving NewZim Steel, Industry minister Mike Bimha has said."Senior partners in Essar ...
By Staff reporter | Published: 31 October 2013
Electronic cigarettes imported from the United States are being sold in Harare's Borrowdale suburb, in supermarkets and night clubs.The cigarettes come in five flavours, Menthol, Marlboro, Camel, Davi...
By Staff reporter | Published: 31 October 2013
GOVERNMENT has announced plans to resume operations at struggling Lancashire Steel company soon as the State finalises the takeoff of the much delayed $750 million Essar Africa Holdings-Ziscosteel dea...
By Staff reporter | Published: 31 October 2013
Local banks have engaged the Reserve Bank of Zimbabwe amid indications that the current memorandum of agreement putting a cap on bank charges and interest rates may soon be reviewed after banks repor...
By Staff reporter | Published: 31 October 2013
ECONET Wireless Zimbabwe says it will focus more on exploring new innovative services that offer added convenience and value to customers to boost revenue, earnings and ensure sustainable business gro...
By Business Reporter | Published: 31 October 2013
ECONOMIC analysts have expressed reservations on the proposed $50 million rescue package for Hwange Colliery by British mogul Mr Nicholas van Hoogstraten, saying this could be tantamount to handing o...
By Staff reporter | Published: 31 October 2013
Telecel today (Wednesday) announced the introduction of a special product for businesses and other organisations, Telecel Business, which it estimates could reduce their phone bills by as much as 8...
By Michael Hamilton | Published: 30 October 2013
A new software manufacturing company, Logicode Private Limited was officially launched in the Harare yesterday.The company has however been in existence for more than two years with a goal dream of tr...
By Staff reporter | Published: 30 October 2013
Talks between the Industrial Development Corporation (IDC) and a potential investor that it was courting to recapitalise its fast moving consumer goods (FMCG) manufacturing subsidiary Olivine Industri...
By New Ziana | Published: 30 October 2013
Interfin Financial Services (IFS) is talking to at least three potential investors that are interested in bailing out its troubled banking subsidiary.IFS is the holding company of Interfin Bank, which...
By Staff reporter | Published: 30 October 2013
The Africa-wide investment credentials of the Imara Group have been showcased by the award-winning performance of three of the asset management company's leading equity funds among them the Imara Zim...
By Staff reporter | Published: 30 October 2013
LOCAL mogul Raji Modi has sold off his entire stake in Sai Enterprises (Pvt) Ltd, paving the way for the entry into the Zimbabwe retail sector of Botswana's biggest retail outlet, Choppies Enterprise ...
By Staff reporter | Published: 30 October 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
