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
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
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
