ZIMBABWE Stock Exchange-listed Delta Beverages is going to construct a $8 million line for its Chibuku Super brand as the company looks set to maintain its dominance on the local market.The plant is s...
By Business Reporter | Published: 14 November 2013
FOOD giant Nestle Zimbabwe intends to re-establish the export of Cerevita to South Africa which was terminated a few years ago, The Financial Gazette reported.The company's managing director, Kumbira...
By Staff reporter | Published: 14 November 2013
Seed manufacturer, Seed Co Limited, is close to sealing a deal for the disposal of its cotton planting seed unit, Quton, to an Indian firm Mahyco.The deal is expected to improve cotton production in t...
By Staff reporter | Published: 14 November 2013
ZSE-listed wines maker, African Distillers Limited (Afdis), has begun talks that could possibly result in beverages firm, Delta Corporation, increasing its shareholding in the company.There has been n...
By Staff reporter | Published: 14 November 2013
Zimbabwean banks have been hit by a liquidity crisis following the July 31 polls resulting in the public failing to withdraw money in various financial institutions.Several Harare residents told Studi...
By Staff reporter | Published: 13 November 2013
The Antwerp World Diamond Council has welcomed Zimbabwe to the diamond trading hub's "family", saying they cannot wait to have the sale of the local gems start."You are now part of the family, you are...
By Staff reporter | Published: 13 November 2013
The Government will soon embark on an audit of mining claims that have been issued to establish the reasons for many of them remaining unexploited, a cabinet Minister has said.Mines and Mining Develop...
By Staff reporter | Published: 13 November 2013
ECONET Solar announced plans to formally introduce a new energy solution that aims to avert power shortages in Zimbabwe.Dubbed the Home Power Station, the solution will be launched in the country in F...
By Staff reporter | Published: 13 November 2013
Fidelity Life Assurance of Zimbabwe together with its South Sudan partner will invest a combined $600 000 into its joint venture in that country after getting the nod to proceed with the deal from the...
By Staff reporter | Published: 13 November 2013
President Robert Mugabe's threat to ban export of raw platinum is disastrous to Zimbabwe's battered economy, analysts say.They warned that while the move is ideal in the long run, currently it will ra...
By Staff reporter | Published: 13 November 2013
In a trading update the National Foods Limited CEO, Mr. Jerome Brookes highlighted that the first four months of trading has shown that turnover was up on prior year but profitability was lower due t...
By Staff reporter | Published: 13 November 2013
Hippo reported a set of depressing results showing a 43% drop in revenue to $52m due to a weak price of sugar on the international market as well as a reduction in local volumes. The price level in t...
By Staff reporter | Published: 13 November 2013
A local investment group led by Mr Lovemore Chihota has acquired Blueberry International Limited from Cambria Plc.Blueberry International holds numerous entities in various jurisdictions, which inclu...
By Staff reporter | Published: 13 November 2013
BULAWAYO-based textile firm Archer Clothing (Pvt) Ltd creditors would this month submit their final financial claims as the troubled firm's liquidation draws to a close.According to officials from the...
By Staff reporter | Published: 13 November 2013
Platinum producer, Mimosa Mining plans to retrench 100 workers in a bid to optimise its cost base, a company’s executive has said.Mimosa Mining Company, executive chairman Winston Chitando said the ...
By Staff reporter | Published: 13 November 2013
BROKERAGE firms have lost nearly $1 million since dollarisation due to fraud resulting from weak manual systems and lack of sound internal controls on the Zimbabwe Stock Exchange (ZSE), the country'...
By Staff reporter | Published: 13 November 2013
LOCAL fuel retailer Redan Petroleum plans to sell 60 percent stake to Puma Energy, but the deal might face regulatory hurdles as the proposed shareholding structure would exceed the foreign shareholdi...
By Staff reporter | Published: 13 November 2013
Local agro start-up company, Remote Livestock Marketing System has done transactions worth US$3 million this year through its online livestock marketing platform, a company official has said. The comp...
By Business Reporter | Published: 13 November 2013
ZSE-listed brick maker Willdale is reportedly contemplating leasing out its Tenerife factory to an unnamed Chinese firm in a development will see the firm virtually surrender production at the Mount H...
By Business Reporter | Published: 13 November 2013
MOST world diamond buyers will soon be flocking to Zimbabwe to trade in the gems, with the country planning to establish the biggest diamond trading hub on the back of the huge demand for the Marange ...
By Staff reporter | Published: 13 November 2013
Zimbabwe is expected to contribute significantly to the 1.6% rise in platinum supplies to 5.74 million ounces, this is according to Johnson Matthey's latest market review of supply and demand for the ...
By Staff reporter | Published: 12 November 2013
Short term insurers have been warned against engaging in unethical practices that could be detrimental to the industry.Mr Pupurai Togarepi from the Insurance and Pensions Commission told delegates at...
By Staff reporter | Published: 12 November 2013
Timber processor Border Timbers is critically examining all aspects of its business to reduce costs and turnaround its fortunes in the wake of declining profits.The timber producer and processor saw p...
By Staff reporter | Published: 12 November 2013
Zimbabwe Stock Exchange listed grain processor and miller National Foods Holdings Limited shareholders have approved the group's plan to buy back at least 10 percent of its issued ordinary shares.The ...
By Staff reporter | Published: 12 November 2013
The $3 million Mabvuku fuel loading gantry project will be complete next year in April, a Sakunda Energy official has said. Sakunda Energy was given the task to construct the loading gantry by the Ene...
By Staff reporter | Published: 12 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
