THE biggest union representative gold and platinum mine workers has said it would ask employers to as much as double pay for some members warning of a potentially bloody showdown if their demands are...
By Bloomberg | Published: 07 October 2013
Efforts by the Zimbabwe Energy Regulatory Authority to engage independent power suppliers to help alleviate power shortages in the country is now paying dividend following the commissioning two indepe...
By Staff reporter | Published: 07 October 2013
In a victory for Econet Wireless, the Supreme Court of Zimbabwe has ruled that a contract between Econet and Namibian-based company, Trustco, to offer mobile insurance (EcoLife) had been legally termi...
By Staff reporter | Published: 07 October 2013
Commencement of operations at New Zim Steel, formerly Ziscosteel, will take more time than the public anticipates, Industry and Commerce minister Mike Bimha has said. The Redcliff-based steel company ...
By Staff reporter | Published: 07 October 2013
Old Mutual Zimbabwe will start trading 25% of its shares worth over $100 million under the indigenisation and economic empowerment programme from Monday the 7th of this month.The insurance group is ...
By Business reporter | Published: 06 October 2013
Listed cigarette-maker British American Tobacco Zimbabwe Holdings Limited (BAT Zimbabwe) has been ranked among the top contributors to the fiscus by the Zimbabwe Revenue Authority (Zimra).The group ...
By Staff reporter | Published: 06 October 2013
ZIMBABWE'S largest mortgage lender, Central African Building Society (Cabs), recorded a surplus of $10,7 million in the first half of the year helped by an improvement in interest and non-interest in...
By Staff reporter | Published: 06 October 2013
MAURITIUS-BASED AfrAsia Bank Limited, the parent company of AfrAsia Bank Zimbabwe Limited, recorded a 68 percent increase in after-tax profit to $9,7 million for the year to June 30, 2013.The growth ...
By Business Reporter | Published: 06 October 2013
Global insurance provider, AON Plc, has sold its 69 percent shareholding in local unit AON Zimbabwe to firms linked to local businessman, Mr Shingi Mutasa.The disposal was meant to comply with the cou...
By Business Reporter | Published: 04 October 2013
State owned mobile telephone operator NetOne may have been prejudiced of millions of dollars amid allegations of flouted tender procedures, outright fraud and misappropriation of income from the sale...
By Staff reporter | Published: 06 October 2013
Econet Wireless Global chairperson and controlling shareholder Strive Masiyiwa is mulling a London Stock Exchange listing.Sources said Masiyiwa is mulling a listing on the LSE and wants to position Ec...
By Staff reporter | Published: 04 October 2013
Botswana Stock Exchange listed retail group Choppies Enterprises announced this morning the acquisition of 49% of an unnamed Zimbabwean supermarket chain comprising 10 stores. The cost of acquisi...
By African Alliance | Published: 03 October 2013
Phoenix shares were suspended from trading on the ZSE this morning after the group was placed under judicial management with effect from October 2. Phoenix's suspension brings to 5 the number of ...
By Staff reporter | Published: 03 October 2013
AFRICAN Century Limited Chairman and sole shareholder Jonathan Chenevix- Trench, who is also a major shareholder of NMBZ Holdings and sits on the NMB Bank board said he was prepared to step down from ...
By Big Law IR | Published: 03 October 2013
Despite the growth of the Information Communication Technology (ICT) sector in the country, which has seen internet penetration rising from five to 47 percent in the past five years, the cost of acces...
By Staff reporter | Published: 03 October 2013
Innscor Africa Limited, the expansive, cash-rich manufacturing and retail conglomerate, has completed the restructuring of its grocery division, SPAR, paving the way for a possible demerger and its se...
By Business reporter | Published: 03 October 2013
HOTEL group, African Sun Limited has sold its 12 percent stake in Dawn Properties to Lengrah Investments, a subsidiary of Brainworks Capital for $4,3 million.Prior to the transaction, African Sun had ...
By Business Reporter | Published: 03 October 2013
OLD Mutual Zimbabwe has opened a one-stop financial shop, that will offer customers the convenience of a single destination for all financial services offered by the group.Group chief executive Mr Jon...
By Business Reporter | Published: 03 October 2013
Listed forestry group Border Timbers Limited (Border) says it has lost nearly 10 000 hectares of its plantations worth millions of dollars to fire since year 2000.The group reported that it lost 133 h...
By Staff reporter | Published: 02 October 2013
Shares in Premier African Minerals shot ahead as it concluded an indigenisation agreement with the Zimbabwe authorities for tungsten arm RHA.Zimbabwe's National Indigenisation and Economic Empowermen...
By Philip Whiterow | Published: 02 October 2013
CONGLOMERATE, Phoenix Consolidated Industries Limited, is on course to break even for the year ending October 31 2013 after significantly reducing its $2,5 million debt.Francis Rodrigues said the lev...
By Big Law IR | Published: 02 October 2013
Capacity utilisation for the manufacturing sector in 2013 declined by 5.3 percentage points to 39.6% compared to 44.9% last year as the economy takes a
knock due to political uncertainty and limi...
By Staff reporter | Published: 02 October 2013
Emirates, which flies daily from Harare to Lusaka and Dubai, has set out to woo Harare's trading community with an intensive six-day awareness campaign across the city's main markets.The airline is sp...
By Staff reporter | Published: 02 October 2013
Land line telephones still have a decent market share in Zimbabwe despite facing stiff competition from mobile operators.TelOne managing director Mrs Chipo Mtasa said fixed lines were still an importa...
By Staff reporter | Published: 02 October 2013
SHARES for the largest Zimbabwe Stock Exchange-listed concern by market capitalisation Delta Corporation worth $12,9 million were snapped by foreigners between Friday and yesterday's trade.Delta shar...
By Business reporter | Published: 02 October 2013
Mbare's filth draws Mnangagwa ire 
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% 
Small-scale miners lead Zimbabwe's gold deliveries 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
