National Foods is introducing new varieties of its premium brand of rice, Mahatma rice, which should appeal to those who enjoy a fragrant rice. It is packaging them in re-sealable packets, which will...
By Staff reporter | Published: 02 October 2013
To drive greater efficiency, improved strategic decision-making and faster stock turn-around time across its branches in Zimbabwe, Nano Appliance Centre, a leading supplier of household appliances and...
By Staff reporter | Published: 02 October 2013
AFRICAN Sun Limited has republished interim financial results showing a detailed account of adjustments to the income statement and balance sheet to correct earlier accounting errors.The adjustments h...
By Business Reporter | Published: 02 October 2013
Zimbabwe looks set for its worst power situation this year triggered by ongoing annual maintenance of main power stations that have knocked out more than a half of the country's generation capacity. T...
By Staff reporter | Published: 02 October 2013
BINDURA Nickel Corporation is reportedly close to sealing the $4,5 million bridging finance facility with unnamed domestic banks for the second phase of the restart of Trojan Mine.Expectations had bee...
By Business reporter | Published: 01 October 2013
AICO Africa Ltd could receive $48 million for the sale of its 20 percent shareholding in SeedCo to a United Kingdom based seed company Limagrain, a premium of more than 48 percent of the seed firm's ...
By Business reporter | Published: 01 October 2013
ZSE-listed wines maker, African Distillers Limited (Afdis), says it is finalising funding options with key shareholders over its expansion drive.Afdis - whose major shareholders include SABMiller asso...
By Staff reporter | Published: 01 October 2013
At least 13 insurance companies have pulled out of the tobacco industry citing the high risk associated with the crop, insurance experts said last week.Tobacco Industry Development Support Institute's...
By Agriculture Reporter | Published: 01 October 2013
Retailer, Truworths published a significantly improved set of financials showing a 10% growth in revenue to $25.4m. The number of accounts increased by 8.2% over the comparative period to 76,500 accou...
By Business reporter | Published: 01 October 2013
THE Ministry of Mines and Mining Development is working on reviewing mining claim identification and licensing processes in a bid to curb disputes over concessions and open up more opportunities for i...
By Staff reporter | Published: 01 October 2013
HWANGE COLLIERY COMPANY says it has received mining equipment worth $11 million recently bought from China as the company seeks to raise production output which in the past has been dogged by constant...
By Business Reporter | Published: 01 October 2013
Zimbabwe giant platinum mining company Zimplats has recorded a 48 percent growth in production capacity after the commissioning of a new phase two concentrator in April this year, an official has said...
By Staff reporter | Published: 30 September 2013
TRANSPORT and logistics firm Pioneer Corporation Africa is pinning its hopes on newly acquired fellow industry player Unifreight Limited to help double revenue once Government approval of the transact...
By Staff reporter | Published: 30 September 2013
CONSTRUCTION group Radar Holdings plunged to a $49 million loss for the year ended June 30 2013 after disposing of its 51 percent controlling interest in Border Timbers Limited to focus on its core bu...
By Staff reporter | Published: 30 September 2013
Radar CE Elias Hwenga told analysts on Friday that Radar will continue focusing on brick making and property development in the aftermath of the successful demerger of Border Timbers. "Going forw...
By Staff reporer | Published: 30 September 2013
Mauritius-based AfrAsia Holdings Limited (AfrAsia) plans to inject over $100 million into its Zimbabwean subsidiary to help ease liquidity challenges in the country.This comes as the financial group r...
By Staff reporter | Published: 30 September 2013
Air Zimbabwe's 'Cruising Altitude Promotion' which was extended from the July 31 deadline to 30 September is coming to an end.The promotion will now run till 30 September, 2013 and there has bee...
By Ngoni Shenjere | Published: 30 September 2013
PG Industries released a weak set of results showing an attributable loss of $2.2m.Although the loss before tax reduced to $2.2m, the overall group gross margin declined from 31% to 27% this was mainl...
By Staff reporter | Published: 30 September 2013
Mobile phone users with unregistered SIM cards have been given a 30-day ultimatum starting next Tuesday to register them, while those registered whose addresses have changed are expected to notify the...
By Staff reporter | Published: 30 September 2013
HWANGE Colliery Company (HCC) plunged to a $3,2 million after-tax loss in the first six months of the year ended June 30, attributed to a poor cash-flow and high legacy debts.The company has debts in...
By Business reporter | Published: 30 September 2013
Work to establish Zimbabwe's first ever platinum refinery is on course with feasibility studies for the plant having been completed, an official said last week.Zimplats chief executive Mr Alex Mhember...
By Staff reporter | Published: 30 September 2013
The slow pace of adoption of mobile-based payment systems by the banking sector has exacerbated the current challenges being faced by the financial sector in delivering their mandate, Bankers' Associa...
By Business Reporter | Published: 30 September 2013
THE acute liquidity crunch on the market has had a major impact on construction projects, despite Masimba Holdings acquiring a record order book.The company's confirmed order book for the period ended...
By Staff reporter | Published: 30 September 2013
ZSE-listed conglomerate, Starafrica Corporation has said that it plans to dispose of two of its investments by the end of November this year as it seeks to pay-off creditors.Shareholders approved the ...
By Staff reporter | Published: 30 September 2013
Platinum mining company, Zimplats, says it has committed itself to ensure that 60 percent of its supplier expenditure is directed to locals to contribute to the economic development of the country.In ...
By Staff reporter | Published: 27 September 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
