Telecel is now offering smart phones and iPads on credit combined with any one of its Telecel Red packages.The mobile devices are available on credit on 11 month or 24 month contracts for subscribers...
By Business reporter | Published: 17 July 2013
Babcock, the importer and distributor of DAF trucks in Southern Africa, has delivered five XF truck-tractors and two rigid XF trucks to Mutare Bottling, the Manicaland Coca-Cola and Schweppes franchi...
By Staff reporter | Published: 17 July 2013
INDUSTRY and Commerce minister Welshman Ncube says government's steel production partnership with Essar Africa Holdings (Essar) will not be affected by a change in government ahead of general election...
By Staff reporter | Published: 16 July 2013
A unit of Australia Stock Exchange listed Prospect Resources has invested in Zimbabwe's gold mining sector after the Zimbabwe Investment Authority approved the acquisition of a majority shareholding o...
By Business reporter | Published: 16 July 2013
Zimbabwe's platinum output is expected to rise this year on the back of increased production at the country's platinum mines. According to Platinum 2013, a report by Johnson Mathey PLC, Zimbabwe would...
By Business reporter | Published: 16 July 2013
Telecel has the fastest mobile broadband speed in the country, according to the results of a survey reported by Technology Zimbabwe. Not only is Telecel's broadband service the fastest in the country,...
By Business reporter | Published: 16 July 2013
Labour unrest continues to rock NMB Bank Limited (NMB) with non-managerial staff giving the financial institution a fresh ultimatum after a botched strike attempt.The Zimbabwe Banks and Allied Worke...
By Staff reporter | Published: 16 July 2013
The High Court has ordered the sale of stationery retailer Kingstons Limited's commercial stands in a bid to recover $300 000 owed to ZB Bank. According to a public notice last Friday, a local proper...
By Business reporter | Published: 16 July 2013
Powerful Communications, a telecoms unit of State-owned power utility Zesa Holdings, could be close to securing $100 million vendor financing from China Eximbank as the firm embarks on a network exp...
By Business reporter | Published: 16 July 2013
CIMAS Medical Aid Society is set to increase contribution rates, as the claims-loss ratio continues to widen far above international levels.Group chairman Steve Kuipa in a 2012 annual report, said th...
By Business reporter | Published: 16 July 2013
PELHAMS Limited posted a $1,7 million loss for the year ended March 31, 2013 compared to a profit of $1,5 million for the same period last year due to liquidity challenges.In a statement accompanying...
By Business Reporter | Published: 09 July 2013
CBZ Bank has been awarded the financial institutions award (gold category 2013) in recognition of its exceptional contribution to the work of the African Export Import Bank (Afreximbank).The award, e...
By Business Reporter | Published: 09 July 2013
DUNLOP Zimbabwe has introduced a new brand of tyres from Netherlands amid revelations that Apollo Vredenstein which owns a majority stake in the company has purchased six new presses for the producti...
By Business reporter | Published: 08 July 2013
THE National Social Security Authority (NSSA) has completed the construction of the $32 million Beitbridge Hotel and is scouting for potential clients that could take over its management.NSSA managin...
By Staff reporter | Published: 08 July 2013
Air Zimbabwe recently slashed fares for its regional and domestic routes, raising questions about the viability of the move at a time when the airline is struggling to avoid collapse. The current pri...
By Business reporter | Published: 05 July 2013
Delta Beverages investment of over $6.5 million in its Chitungwiza-based Chibuku Super plant has paid off, the units general manager Mark Mudimbu has said. "The investment has paid off because of th...
By Business reporter | Published: 10 July 2013
NMB Bank says an impending industrial action by its non-managerial workers is unprocedural. "The intended job action is illegal and unnecessary. I don't believe our staff will embark on the collecti...
By Business reporter | Published: 10 July 2013
Cement manufacturer Sino-Zimbabwe Cement Company has commenced the first phase of upgrading and refurbishing its Gweru factory. According to the company, this phase, which is being undertaken on the ...
By Business reporter | Published: 05 July 2013
MINING lobby group, the Zimbabwe Indigenous Miners Empowerment Association, has requested Government to order Falcon Gold Zimbabwe to release its unused gold mining claims to them.In a letter to Mine...
By Business reporter | Published: 05 July 2013
GIANT shoe company, Bata, has adjusted its working calendar by splitting the annual shutdown into two phases as a way of mitigating the challenges posed by the prevailing economic environment. In an ...
By Staff reporter | Published: 05 July 2013
BARCLAYS Bank (Zimbabwe) has reiterated that it would maintain its cautious lending regime, as default rates in the sector continued to increase.Giving a trade update as the bank's Annual General mee...
By Staff reporter | Published: 04 July 2013
AGRO-INDUSTRIAL conglomerate, CFI Holdings Limited, is on the verge of concluding a deal for the purchase of a 50 percent shareholding in poultry producer Suncrest by Meat Team, a global meat compan...
By Staff reporter | Published: 04 July 2013
TelOne requires $30 million to kick-start projects to upgrade its infrastructure and finish the fibre optic cable installations in the country, TelOne managing director Chipo Mutasa has said adding t...
By Business reporter | Published: 04 July 2013
Beverage manufacturer Delta Corporation will provide communal and commercial farmers with US$3 million to produce 12 000 tonnes of sorghum under contract in the 2013/14 cropping season, an official s...
By Business reporter | Published: 04 July 2013
Steelnet (Private) Limited members and creditors will hold their first meeting at the High Court of Zimbabwe on Wednesday next week.According to a statement by the company, which is now under liquida...
By Business Reporters | Published: 04 July 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
