ZIMBABWE'S largest mortgage lender CABS has channelled $112 million into housing development over the last three years as liquidity constraints continue to bite the economy, the company has said.CABS...
By Staff reporter | Published: 30 October 2013
Listed Meikles Limited says its five-star Meikles Hotel has experienced increased occupancy following the completion of a $8,5 million refurbishment.However, the group could not disclose the figures a...
By Staff reporter | Published: 30 October 2013
A Chinese company, Afrochine Smelting (Pvt) Limited, is building a $25 million chrome smelter in Selous near Chegutu that will see the country processing its chrome ore locally.The smelter, nearing co...
By Staff reporter | Published: 30 October 2013
Zimbabwe's telecoms giant, Econet, reported another set of mixed interim results showing solid 11% year on year topline growth but muted attributable income, down 10% year on year to $70.5m for eps of...
By Staff reporter | Published: 29 October 2013
New services such as EcoCash, broadband, and EcoFarmer have begun to drive Econet Wireless Zimbabwe’s growth as its traditional voice revenues are maturing.Speaking at the presentation of the half y...
By Staff reporter | Published: 29 October 2013
SEED Co Limited will raise enough funds to retire at least 17 percent of its debt from the sale of part of its stake to US seed firm Vilmorin Cie, financial analysts IH Securities have said.Zimbabwe's...
By Staff reporter | Published: 29 October 2013
The Zimbabwe Agricultural Development Trust (ZADT) has so far disbursed at least $11,5 million to 109 intermediary agricultural value chain actors under its CREATE fund, an official said on Monday.A G...
By New Ziana | Published: 29 October 2013
AVIATION Ground Services has won two prestigious awards for excellence in provision of aircraft and cargo handling services in southern Africa and the entire African continent.AGS, a private local fir...
By Staff reporter | Published: 29 October 2013
THE DEVASTATING terrorist attack in Kenya on September 21 has boosted tourist arrivals in Zimbabwe with the country's leading tourist resort, Victoria Falls, enjoying an increase in visitors.Westgate ...
By Staff reporter | Published: 29 October 2013
INDIAN diversified group, Essar Holdings, may have found a breakthrough to its stalemate with the Zimbabwean government over the resuscitation of New Zim Steel, a Zimbabwean steel producing project it...
By Staff reporter | Published: 29 October 2013
Angola's Catoca, one of the world's largest diamond producers, expects to start exploring two fields in nearby Zimbabwe next year following a mining agreement signed between the two countries on Mon...
By AFP | Published: 29 October 2013
NATIONAL Foods Holdings Limited has registered a 29 percent compounded annual growth in underlying profit before tax over the last five years due, it believes, to the strength of its strategies and a ...
By Business Reporter | Published: 29 October 2013
GURUS Holdings has fired about 25 employees who went on an illegal strike at its Freda Gold Mine in Gwanda District last week following a salary payment dispute.In an interview on Friday, Gurus Holdi...
By Staff reporter | Published: 29 October 2013
Chemco released a dismal set of results showing a decline in group revenue by 27% to $2.3m mainly due to the disposal of TS Timber operations. Loss before tax declined by 77%, the decline was attribu...
By Staff reporter | Published: 29 October 2013
ZIMBABWE'S largest mobile phone operator by subscription, Econet Wireless has embarked on a massive campaign to register unregistered subscriber identity module cards (sim) after the country's telecom...
By Business Reporter | Published: 29 October 2013
The government says it is working on a policy that will compel local tourism business entities to procure their food items and products from local farmers and companies in a move aimed a boosting the ...
By Staff reporter | Published: 28 October 2013
National Social Security Authority (Nssa) says it will soon be handing over the completed Beitbridge Hotel to Rainbow Tourism Group (RTG).Phillion Chereni, Nssa's public relations manager, said the p...
By Staff reporter | Published: 28 October 2013
Government is determining how to structure the sale of the country's first international bond and is seeking advisers as it aims to raise financing to fund mining development, Mines and Mining Develop...
By Bloomberg | Published: 28 October 2013
Zimbabwe Power Company is working on a number of new generation and expansion projects worth an estimated $5,7 billion to boost supply.Zimbabwe is battling a perennial power shortage of over 800MW whi...
By New Ziana | Published: 28 October 2013
Aquarius Platinum Ltd and Impala Platinum Holdings Ltd are assessing whether to dig a second shaft to expand production at their Mimosa platinum mine in Zimbabwe, Mr Winston Chitando, chairman of the ...
By Bloomberg | Published: 28 October 2013
NAMIBIAN power utility, Nampower has expressed interest in rehabilitating Harare and Bulawayo thermal power stations at an estimated cost of $175 million.The interest was expressed through a delegatio...
By Staff reporter | Published: 28 October 2013
Zimbabwe is set to resume gold refinery next month in preparation for re-admission to the London Bullion Marketing Association, sources have said.Fidelity Printers and Refinery, a State-owned firm, ce...
By Business Reporter | Published: 28 October 2013
Telecel has reduced from $30 to $25 the cost of its data dongle to enable more people to access data from their computer affordably and conveniently by taking advantage of Telecel's fast data speeds...
By Chengetai Chinembiri | Published: 28 October 2013
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
Busisa Moyo conferred with an Honorary PhD 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
