Progress has been made in getting better terms on the Meikles funds held on deposit with the RBZ, according a Meikles interim management report published today. "The discussions are nearing concl...
A Zimbabwe-based firm, Oxygen Group, with interests in venture partnerships and business advisory, has partnered a Swiss company Meeco Group to promote and develop the use of solar energy in the count...
The Competition and Tariffs Commission has approved the acquisition of Aon Holdings Limited majority stake by Masawara Mauritius Limited. Masawara is a diversified investment company with direct inter...
CALEDONIA Mining Corporation, which is listed on the Toronto Stock Exchange, expects Blanket Mine to exceed targeted annual gold output by 10 percent after production in the second quarter came in ah...
The Tobacco Research Board has engaged Agritex in training farmers on the important aspects of tobacco production.This is meant to improve the quality of the tobacco produced by farmers so that it sui...
DESPITE reporting strong interims for the period ending June 30 and bright future prospects, ABC Holdings' performance has not been reflected by the company's shares, analysts have said.Analysts who s...
A group of companies which includes state-owned Rostec and Vneshekonombank is buying a 40% stake in a project to develop the world's second largest platinum field in Zimbabwe. The consortium will inv...
Mines Minister Obert Mpofu on Saturday denied reports in a British newspaper that it had signed a secret uranium trade deal with Iran. The Times of London had reported quoting deputy minister Gi...
Bindura Nickel Corporation has said its plans to raise a $5 million debt funding to finance Trojan Mine are on course despite liquidity constraints on the market.The mining concern in a statement yest...
Chisumbanje Ethanol Project received the ethanol production licence that will provide off take in production.Basil Nyabadza, Arda board chairman said that Zera issued the licence early last week and t...
CAMBRIA Africa Plc has completed its exit from Zimbabwe Stock Exchange listed Celsys Limited in what also resulted in still birth to its plans to make a secondary listing on the local bourse. Certain ...
Banks have resolved to reduce charges on deposits in line with a Reserve Bank of Zimbabwe directive to increase savings in the economy, several half-year financial statements have revealed.This comes ...
The Minerals Marketing Corporation of Zimbabwe is still scouting for partners to set up diamond cutting and polishing firms in the country.The MMCZ announced early this year that it had engaged severa...
Agro-chemicals manufacturer and distributor Chemco Holdings Limited (Chemco) plans to re-list on the Zimbabwe Stock Exchange (ZSE).The group was suspended from the bourse in August last year."The boar...
DAIRIBORD Zimbabwe has dragged to court the now defunct Buscod Supermarket for failing to pay close to $5 000 being money for goods it bought on credit.Buscod Supermarket, a subsidiary of Humble Tradi...
TELECEL International, the Egyptian controlling shareholder in Telecel Zimbabwe, has committed to addressing its lopsided shareholding in the mobile phone operator by the end of this month in what wil...
BULAWAYO City Council (BCC) undertaking Ingwebu Breweries has recorded a strong performance for the year ended 2012 with traditional beer volume growth of 16% despite fierce competition in the cut-thr...
MARANGE Resources has obtained permission from the High Court to proceed with its US$2 billion lawsuit against Core Mining Resources and Minerals for financial prejudice after the latter allegedly mis...
THE standoff between Zimbabwe's largest mobile phone operators has finally come to an end.Calls can now be made between the two networks after Postal and Telecommunications Regulatory Authority of Zim...
Struggling telecoms company Valley Technologies has been put under provisional liquidation following a High Court application by one of its creditors, DHL International Zimbabwe. According to the appl...
THE standoff between Zimbabwe's largest mobile phone operators has continued a few days after the country's telecoms regulator renewed Telecel's licence after the mobile phone operator submitted a pl...
CBZ Holdings after tax profits for the half year to June 30 2013 declined by 13 percent to $16 million weighed down by a two-fold increase in the charge for impairment and interest expense. The char...
The Consumer Council of Zimbabwe has commended the Government and the Postal and Telecommunications Regulatory Authority of Zimbabwe for addressing the issue of the licensing of Telecel Zimbabwe.Telec...
STEWARD Bank, which was until recently a subsidiary of Lifestyle Holdings, will move out of Lifestyle Holdings premises by end of this year. Sources close to the developments indicated last week that ...
AFRICAN Banking Corporation Group says its interims for six months to June this year will be solid despite a US$10 million impairment in respect of a contingent liability."Shareholders are advised th...