Econet Wireless, Zimbabwe's largest mobile phone operator by subscription, recently launched a paperless banking service.The mobile telephone company has more than eight million subscribers. The serv...
By M&G | Published: 28 October 2013
CBZ Holdings intends to buy back over 7,7 million shares from close to 10 000 of the group's minority shareholders through a facility in which the stockholders sell the stock at no cost.Under the Nil...
By Staff reporter | Published: 28 October 2013
Zimbabwe focused New Dawn Mining is set to delist from the Toronto Stock Exchange next month and register its operations in the tax haven of Cayman Islands.In a statement, the company said it had appl...
By Business Reporter | Published: 25 October 2013
Zimbabwe is not overbanked, a study by a leading securities firm has said.A detailed study by FBC Securities says Zimbabwe, with a population of 13,8 million, GDP of $10,81 billion and only 14% of th...
By Staff reporter | Published: 25 October 2013
FAST moving consumer goods company Cairns Foods Ltd is on the verge of concluding a deal which will see a South African investor acquiring a majority stake in the Zimbabwean firm, businessdigest repor...
By businessdigest | Published: 25 October 2013
Aim-listed resources group Mwana Africa plc (Mwana) says quarterly production at its Zimbabwe-based gold miner Freda Rebecca went up 19 percent quarter-on-quarter to 17,536 ounces.The miner said cash ...
By Staff reporter | Published: 25 October 2013
Former Prime Minister, Morgan Tsvangirai has told a seminar in Oxford that Zimbabwean diamonds were a curse."The discovery of diamonds has been a curse rather than a blessing," he said adding "I am co...
By Staff reporter | Published: 25 October 2013
BINDURA Nickel Corporation's revised mining plan has started bearing fruit after a marked increase in recoveries and a decline in costs, Mwana Africa Plc has revealed."Recoveries have increased marked...
By Staff reporter | Published: 24 October 2013
Transport and Infrastructural Development Minister Dr Obert Mpofu yesterday urged Air Zimbabwe to diversify its operations and consider partnering regional and international airlines to increase capac...
By Staff reporter | Published: 24 October 2013
Asian energy giant Chint Electric Company Limited (Chint) - through its local partner Intratrek Zimbabwe (Intratrek) - is keen on building solar farms worth $750 million in southern Zimbabwe, business...
By Staff reporter | Published: 24 October 2013
Financial group, Tetrad, has secured a $15 million line of credit from a United Kingdom-based fund.The firm said the funds will be channelled towards strengthening operations of its subsidiaries, with...
By Staff reporter | Published: 24 October 2013
IMPALA Platinum said its Zimbabwean unit held "constructive" talks with the new government over mining operations, including the requirement to sell majority stakes to locals."What we're observing is ...
By Bloomberg | Published: 24 October 2013
STATE-OWNED Telecommunications Company TelOne has so far recovered $20 million out of the targeted $50 million through a debt collection campaign which started in August this year.TelOne managing dire...
By Staff reporter | Published: 24 October 2013
Air Zimbabwe has not made a profit since it resumed operations in February after indefinitely suspending flights last year, the board has revealed.Speaking during a briefing with the board and managem...
By Staff reporter | Published: 24 October 2013
The Zimbabwe Mining Development Corporation has formed a platinum metal production joint venture with UK-listed Eurasian Natural Resources Corporation and an unnamed Chinese firm.According to Bloomber...
By Bloomberg | Published: 23 October 2013
TOURISM players have demanded the repayment of millions of dollars in funds seized by the Reserve Bank of Zimbabwe at the height of the decade-long economic contraction in 2007 in a bid to boost worki...
By Staff reporter | Published: 23 October 2013
FINANCE minister Patrick Chinamasa should consider reviewing the mining sector's taxation regime as the 2014 national budget beckons, experts have said.Chinamasa, who presents the budget later next ...
By Staff reporter | Published: 23 October 2013
NRZ public relations manager Mr Fanuel Masikati said the parastatal has managed to transport most of the coal from Hwange to the markets in Bulawayo and other areas.Coal mining companies like Makomo R...
By Staff reporter | Published: 23 October 2013
THE National Railways of Zimbabwe has started rehabilitating its railway line network across the country after receiving $4 million from the Government under the Public Sector Investment Programme (P...
By Staff reporter | Published: 23 October 2013
THE National Social Security Authority has given Capital Bank the nod to wind up operations and is now focusing on setting up a micro-finance institution. Sources familiar with the developments said ...
By Staff reporter | Published: 23 October 2013
Power utility, Zesa Holdings is exporting power to two neighbouring countries in the evenings when demand is low, an official has said.Zimbabwe has a power deficit of up to 800MW, but produces a surpl...
By Staff reporter | Published: 22 October 2013
Delta Beverages has announced that it will launch a new ready to drink dairy beverage, Super Sip this week.Delta said the launch of the new drink is part of its innovation agenda for the year that is ...
By Business reporter | Published: 22 October 2013
CHINA Africa Sunlight Energy Limited is awaiting certification from Environmental Management Agency to start coal mining in Gwayi early next year.The company, a joint venture between Old Stone Investm...
By Staff reporter | Published: 22 October 2013
Zimpost on Monday launched a new money transfer service, Zipcash that allows Zimbabweans to send money locally and internationally using an electronic platform.Speaking at the official launch, Informa...
By Staff reporter | Published: 22 October 2013
AfrAsia Kingdom Zimbabwe will next month seek shareholder approval to rebrand the flagship banking unit and other units following a 30% share disposal by founder Nigel Chanakira last month. AfrAsia wi...
By Staff reporter | Published: 22 October 2013
Chiwenga praises Jesuits 
Lungu family turns to SA Constitutional Court 
India invites BRICS countries to pay in rupees 
ZSE pushes for another equities tax cut to boost selloffs 
Zimbabwe's forex receipts jump 23% 
Starlink users in Zim pay USD$5 regulatory fee 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
