Diversified group Meikles Limited says it will be able to fully implement its approved indigenisation empowerment plan when the Reserve Bank of Zimbabwe (RBZ) repays its $66,5 million deposit.The fund...
By Staff reporter | Published: 22 October 2013
Zimpapers, in conjunction with Chinese investors, is working on a huge investment to turn the defunct Typocrafters into a modern printing firm that will tap into the local and regional markets. Inform...
By Staff reporter | Published: 22 October 2013
MTN South Africa has extended its "expensive Zimbabwe call rates" promotion to 31 January 2014.A promotional rate that's R3.89/minute? I hope to never have to call Zimbabwe outside of the promotional ...
By Staff reporter | Published: 21 October 2013
A three months salary dispute between employees and Costain Zimbabwe Limited Incorporated has delayed the completion of the $22 million National Social Security Authority's hotel project in Beitbridg...
By Staff reporter | Published: 21 October 2013
New Dawn Mining Corp reported consolidated gold production for the quarter ended September 30, 2013 of 8,867 ounces, as compared to consolidated gold production for the quarter ended September 30, 201...
By Staff reporter | Published: 21 October 2013
Shareholders are advised that an EGM of the company shall be held in the Stewart Room, Meikles Hotel at 0900hrs on Wednesday, 27 November 2013 to consider the following resolutions:As a special resol...
By Meikles | Published: 21 October 2013
Embattled fixed line operator, TelOne, plans to write off overdue debts amounting to $80 million owed by residential subscribers.The group - Zimbabwe's sole land line network company - has struggled t...
By Staff reporter | Published: 21 October 2013
Mauritius-based AfrAsia Bank Limited (AfrAsia) will pay prominent banker Nigel Chanakira $12 million following the disposal of his 30 percent stake in financial group AfrAsia Kingdom Zimbabwe Limited...
By Staff reporter | Published: 21 October 2013
The Zimbabwe Power Company has secured a $40 million loan from an Egyptian company for the construction of an electricity line that will run from Orange Groove in Mutare to Hotsprings in Marange. The ...
By Staff reporter | Published: 21 October 2013
Some Sadc countries are scrambling for Chisumbanje ethanol as the world embraces environmentally-friendly fuels amid indications that South Africa, Mozambique, Botswana, Zambia and Malawi have approac...
By Staff reporter | Published: 21 October 2013
The Hospitality Association of Zimbabwe (HAZ) today signed memorandum of agreement with two local firms to improve service delivery while promoting the human resource development of staff in the indu...
By Staff reporter | Published: 21 October 2013
Government is making progress to ensure that the New Zim Steel (formerly Ziscosteel) is operational by end of year, Industry and Commerce Minister Mike Bimha said yesterday.Minister Bimha was respondi...
By Staff reporter | Published: 21 October 2013
Ferrochrome producer, Zimbabwe Alloys Chrome Limited yesterday said it produced 2 000 metric tonnes of the metal in the first nine months of the year.The mining firm's shareholders this year injected ...
By Staff reporter | Published: 21 October 2013
ZESA National Control Centre should be fully automated to allow for efficient and effective load shedding management.The NCC, which is connected to all the power generating plants, is used to monitor ...
By New Ziana | Published: 21 October 2013
Nyanga - THE level of non-performing loans in the banking sector has risen from average of 0,3 percent in March 2009 to an unhealthy average rate of 13,8 percent by March this year, the Zimbabwe Econo...
By Staff Reporter | Published: 18 October 2013
Diamond production at Murowa mine rose marginally to 279 000 carats during the first nine months of the year from 277 000 carats mined in the corresponding period last year, parent company Rio Tinto ...
By Staff Reporter | Published: 21 October 2013
Telecel Zimbabwe was last week, for the second year running, presented with the Best Call Centre Award at the Contact Centre Association of Zimbabwe (CCAZ) Customer Service Excellence awards ceremony...
By Mike Hamilton | Published: 21 October 2013
GOVERNMENT has injected $4 million into cash-strapped National Railways of Zimbabwe (NRZ) towards the rehabilitation of the rail network throughout the country.The funding would help restore viabili...
By Staff reporter | Published: 21 October 2013
Conglomerate Innscor Africa Limited has begun formal talks for the acquisition of the Western Region SPAR franchise from tycoon, Ray Kaukonde, himself a major shareholder in the cash-rich retail and...
By Staff reporter | Published: 21 October 2013
Fifteen gold miners in Mashonaland Central province are protesting Environment, Water and Climate minister, Savior Kasukuwere's decision to evict them from their operations.The gold miners, who say ...
By Staff reporter | Published: 17 October 2013
The Commercial Farmers' Union has warned that Zimbabwe's agriculture may be starved of long-term capital should the government force local banks to freeze debt owed by farmers to financial institution...
By Staff reporter | Published: 17 October 2013
The Zimbabwe National Chamber of Commerce will next week host the Zimbabwe Namibia business forum which is expected to foster trade and investment promotion activities between the two countries. The ...
By Staff reporter | Published: 17 October 2013
GOVERNMENT and the private sector need to work together to promote the exploration of new mineral deposits, the Chamber of Mines of Zimbabwe has said. CoMZ chief executive Mr John Chikombero said disc...
By Staff reporter | Published: 17 October 2013
HWANGE Colliery Company Limited has invited bids for the provision of contract mining services as the coal mining firm seeks to more than double production. Contract mining is engagement of a third-p...
By Business Reporter | Published: 17 October 2013
GOVERNMENT has softened its stance on the indigenisation of banks, saying the institutions will not be required to immediately turn over their majority stakes to indigenous Zimbabweans.In a marked cha...
By Staff reporter | Published: 17 October 2013
Zimbabwe to train 7 000 health workers every year 
Lungu family turns to SA Constitutional Court 
China sanctions two EU banks 
ZSE pushes for another equities tax cut to boost selloffs 
Zimbabwe's forex receipts jump 23% 
Zimbabwe's textile industry on the brink 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
