The dispute between Meikles stores and its employees has taken a new twist following the giant retail company's refusal to adhere to the outcome of the judgment from the National Retrenchment Board.Me...
By Staff reporter | Published: 01 November 2013
Dawn Properties which was trading under the franchise of CB Richard Ellis has rebranded to become Dawn Property Consultancy. Dawn properties decided to trade under the name of its parent company, Zimb...
By Staff reporter | Published: 01 November 2013
TELECEL, Zimbabwe's second largest telecoms company, is expected to launch its new mobile money service in a week's time.Insiders refused to share any information with us because, "the Reserve Bank ...
By Staff reporter | Published: 01 November 2013
Cash-strapped Zimbabweans are set to get relief from national power utility Zesa's decision to scrap electricity bills beginning today. Josh Chifamba, Zesa chief executive yesterday confirmed to...
By Staff reporter | Published: 01 November 2013
Zimbabwe's gold production continued on the downward trend, slumping 11,8 percent to 1 049,30 kg in August 2013 from 1 189,28 kg produced in prior month as depressed international metal prices continu...
By Staff reporter | Published: 01 November 2013
Econet Wireless Zimbabwe (Econet) says its banking subsidiary Steward Bank (Steward) is now the largest bank in the country in terms of account holders with over 500 000 subscribers registered on its...
By Staff reporter | Published: 01 November 2013
Econet Wireless Zimbabwe has revealed that it has invested $1.2 billion in the Zimbabwean economy since the country's largest telecommunications company was started 15 years ago, with at least $1billi...
By Staff reporter | Published: 01 November 2013
TOTAL after tax profit for local banks reporting half-year results for the year ending June declined to $52 million from $63 million following an agreement to lower bank charges, a local brokerage and...
By Staff reporter | Published: 01 November 2013
NEARLY 30 million shares changed hands in African Sun Limited (ASL) on Monday at 2,6 US cents, raking in $758 463 as the group's new shareholders complete transactions around the hospitality company.T...
By Big Law IR | Published: 01 November 2013
AIR ZIMBABWE has begun discussions with the tough-talking multi-millionaire investor, Nicholas van Hoogstraten, which could see the British tycoon availing an undisclosed sum to the beleaguered nation...
By Staff reporter | Published: 01 November 2013
The Ministry of Agriculture, Mechanisation and Irrigation Development is working on a Statutory Instrument to allow Agribank to incorporate the functions of a lease bank as government tries to ensure...
By Staff reporter | Published: 01 November 2013
ZIMBABWE's mining industry, reeling from a punitive tax regime, has proposed massive fee cuts of almost 100 percent.Mike-BimhaThe industry argues that most Greenfield mining projects were still in the...
By Staff reporter | Published: 01 November 2013
FOOD and beverages manufacturer, Cairns Holdings Limited, has secured a $1 million loan from the Distressed Industries and Marginalised Areas Fund (DIMAF) for capital expenditure and working capital r...
By Staff reporter | Published: 01 November 2013
A Chinese company has expressed willingness to avail a state-of-the-art printing press to the Zimpapers Group to be installed at the company's Bulawayo premises.This came out when the Chinese ambassad...
By Staff reporter | Published: 31 October 2013
Centar, a company founded by former JP Morgan Chase and Company merger adviser Mr Ian Hannam, has won regulatory approval to mine in Zimbabwe in a joint venture with Meikles Ltd.Approval from the Comp...
By Bloomberg | Published: 31 October 2013
Credit to the private sector marginally rose 0,61 percent in August this year from $3,67 million in July to $3,69 million, says the Bankers Association of Zimbabwe.The credit was mostly dominated by l...
By Staff reporter | Published: 31 October 2013
Plans to expand Motira tractors, a joint venture business between Iran and Zimbabwe, have stalled due to challenges being incurred in shipping the knocked down kits needed to boost production at the a...
By New Ziana | Published: 31 October 2013
Cooking oil manufacturer Surface Investments has temporarily suspended plans to install a new bottling plant due to shortages of raw materials on the local market, an official said on Thursday.Early ...
By New Ziana | Published: 31 October 2013
THE National Social Security Authority, the majority shareholder in Capital Bank has authorised sale of the bank's 21 percent shareholding in First Mutual Life to partly pay off depositors as the nati...
By Staff reporter | Published: 31 October 2013
The Government has approved 33 Special Grants for the exploration of energy minerals across the country to boost the extraction of resources that improve power generation.Addressing stakeholders at a ...
By Staff reporter | Published: 31 October 2013
Zimplats saw its first-quarter production and revenues for the period to end September rise by 6% and 16% respectively, while cash production costs declined marginally, Business Day reported.Zimbabwea...
By Staff reporter | Published: 31 October 2013
Zimbabwe's government will review a plan by South Africa's Impala Platinum to sell control of its Zimplats unit to local black investors for $971 million, Zimplats said on Thursday.Implats, the world'...
By Reuters | Published: 31 October 2013
India-based Essar Holdings (Essar)'s top management is in the country to conclude the $750 million deal aimed at reviving NewZim Steel, Industry minister Mike Bimha has said."Senior partners in Essar ...
By Staff reporter | Published: 31 October 2013
Electronic cigarettes imported from the United States are being sold in Harare's Borrowdale suburb, in supermarkets and night clubs.The cigarettes come in five flavours, Menthol, Marlboro, Camel, Davi...
By Staff reporter | Published: 31 October 2013
GOVERNMENT has announced plans to resume operations at struggling Lancashire Steel company soon as the State finalises the takeoff of the much delayed $750 million Essar Africa Holdings-Ziscosteel dea...
By Staff reporter | Published: 31 October 2013
Zimbabwe army warns public over fake recruitment 
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 
Zimbabwe mobile sector grows as data usage surges 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
