A high powered Zimbabwean delegation arrived in Antwerp, Belgium, this afternoon to tie the loose ends in a deal that will ensure the country's diamonds are sold through the Antwerp World Diamond Coun...
By Staff reporter | Published: 12 November 2013
MIMOSA Mining Company has announced plans to cut 100 jobs at its Zvishavane mine in response to falling global platinum prices.Mimosa executive chairman Mr Winston Chitando said the retrenchments woul...
By Business Reporter | Published: 12 November 2013
The Board of Directors of Hwange Colliery Company Limited convened a Special Board meeting on the 4th of November 2013 to deliberate on the $50.0m shareholder loan and restructuring proposed by Willou...
By Staff reporter | Published: 12 November 2013
BAT Zimbabwe has launched a new capsule technology Dunhill Switch offering consumers two tastes in one cigarette; an innovation the group says will change the face of the tobacco category in Zimbabwe....
By Staff reporter | Published: 12 November 2013
BANKS have proposed the conversion of outstanding foreign currency accounts balances appropriated by the Reserve Bank of Zimbabwe during the height of the hyperinflationary period into Treasury paper....
By Business Reporter | Published: 12 November 2013
FORMER workers of Makro Zimbabwe have written to OK Zimbabwe chief executive Mr Willard Zireva threatening legal action over disputed alleged defamatory comments he made about them.The dispute follows...
By Business Reporter | Published: 12 November 2013
At least 46 Sino-Zim workers are now jobless after the company retrenched. Sino-Zim is a joint venture company between Zimbabwe government and China and has interests in the manufacturing sector, hote...
By Staff reporter | Published: 12 November 2013
GIANT food processing Nestlé Zimbabwe has invested $20 million in plant and machinery over the last three years as the company seeks to grow regional exports.Speaking at the company's open day last ...
By Staff reporter | Published: 11 November 2013
Air Zimbabwe is working towards the exclusive use of the electronic ticketing system as one of the measures to boost the company's revenue and profitability, a company official has said. Currently, th...
By Staff reporter | Published: 11 November 2013
The Board of Directors of Bindura Nickel Corporation announced that, taking effect from 11th November 2013, unless otherwise indicated, Mr. D.E.H. Murangari steps down as Managing Director on retireme...
By Staff reporter | Published: 11 November 2013
Meikles Limited will start mining operations next month after completing negotiations with the Government, a company official has saidMeikles limited went into a mining joint venture with a Mauritius ...
By Staff reporter | Published: 11 November 2013
A new gem miner, Rera Diamonds said on Saturday it is set to commence exploration in Chimanimani, Manicaland province.Government has in the last few years licensed over six companies including Mbada D...
By Staff reporter | Published: 11 November 2013
GOVERNMENT plans to establish school development programmes by rolling out OneWallet agents throughout the country that will make it easier for parents to pay school fees.Speaking at the OneWallet rel...
By Staff reporter | Published: 11 November 2013
FBC BANK has secured a new $10 million line of credit from a US bank with view of supporting local industry, the group chief executive, Mr John Mushayavanhu, has said.The line of credit will be extend...
By Business Reporter | Published: 11 November 2013
Growing sugar demand in the country is expected to offset the planned phasing - out of export quotas to the European Union (EU) by Tongaat Hulett's Zimbabwean unit, Hippo Valley.The country's per-capi...
By Staff reporter | Published: 07 November 2013
Motorola Solutions is considering expanding its operations in Zimbabwe as it targets to benefit from the anticipated economic recovery.Motorola Solutions is a different entity from cellphone manufactu...
By New Ziana | Published: 07 November 2013
A diamond mine at Murowa diamond mine in Zvishavane, has been named the "most valuable diamond" by Rio Tinto during a "Specials" tender showcasing the finest, large rough diamonds from the company's t...
By Staff reporter | Published: 07 November 2013
Zimplow Holdings today announced the disposal of 100% of its shareholding in Bulawayo Steel Products (Private) Limited trading as Tassburg, effective 1 November 2013 to members of the management team...
By Staff reporter | Published: 07 November 2013
SeedCo recorded a first half loss of $12.8m compared to $8.9m in the prior year. This is as per SeedCo tradition. Group Chief Executive Officer Morgan Nzwere said the company was looking forward to...
By Staff reporter | Published: 07 November 2013
TRUST HOLDINGS is on the verge of concluding a placement with a South African firm MOGS to raise $20 million to comply with minimum capital requirements and enhance liquidity in its banking unit.Acc...
By Staff reporter | Published: 07 November 2013
STEWARD Bank has reported massive write downs in its operations, with swelling expenses and declining incomes during the half year to August 31, 2013 highlighting the challenge that its new owner, Eco...
By Staff reporter | Published: 07 November 2013
ZIMBABWE'S banks have reneged on a pact with the Reserve Bank of Zimbabwe (RBZ) aimed at lowering borrowing costs for the country's struggling industrial sector and encouraging domestic savings.Banks ...
By Staff reporter | Published: 07 November 2013
The Grain Marketing Board (GMB) has missed the target of commissioning its stock-feeds manufacturing plant in Norton in September due to delays in the shipment of critical components required to finis...
By Staff reporter | Published: 06 November 2013
Chinese mobile phone maker, Huawei Technologies, has entered the Zimbabwean market through a partnership with Econet Wireless which will give dominant brands such as Samsung, Nokia and Apple a run for...
By Staff reporter | Published: 06 November 2013
African Distillers Limited MD Cecil Gombera told the AGM that the company recorded a 6% growth in volumes in the first quarter (July- September 2013) of the financial year as the group focuses on grow...
By Staff reporter | Published: 06 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
