CHEQUES are dying as a payment system in Zimbabwe as they have continued on a downward slip since the advent of the multiple currency regime in 2009 with transactions decreasing from $12,3 million in...
By Staff reporter | Published: 11 October 2013
ZIMBABWE'S formal banking system lost in excess of $50 million in deposits in the month of August as the market responded to President Robert Mugabe's July 31 elections victory signalling the end of ...
By Staff reporter | Published: 11 October 2013
The European Union's representative in Zimbabwe said the southern African nation can resume exports of diamonds mined in Marange to the 28-member bloc after sanctions were lifted last month."They can...
By Bloomberg news. | Published: 10 October 2013
Mines and Mining Development Minister Walter Chidhakwa yesterday under scored the need to value add the country's primary commodities as part of measures to halt de-industrialisation.Mr Chidhakwa, who...
By Staff reporter | Published: 10 October 2013
Tetrad Holdings Limited (Tetrad) says it is yet to get a license from the Reserve Bank of Zimbabwe (RBZ) to transform its investment bank into a commercial entity.The group's subsidiary Tetrad Investm...
By Staff reporter | Published: 10 October 2013
Fuel dealers have moved in to comply with the country's laws which stipulate that petrol sold locally should be blended with five percent ethanol.With the statutory instrument 17 of 2013 which compels...
By Staff reporter | Published: 10 October 2013
The country's sole glass manufacturing firm, Zimbabwe Glass Industries (Zimglass), has resumed production of flint glass soft drinks bottles which will be supplied to leading beverage manufacturer Del...
By Staff reporter | Published: 10 October 2013
SEED CO will raise a total of $40 million fresh capital after selling a 25 percent stake to New York Stock Exchange-listed seed firm Vilmorin and Cie SA in a technical and equity partnership deal.Its ...
By Business Reporter | Published: 10 October 2013
The 6th edition of the Sanganai/Hlanganani World Travel and Tourism Africa Fair is expected to generate in excess of $300 million which will be accounted for in tourism receipts, a Cabinet minister sa...
By Business Reporter | Published: 10 October 2013
TORONTO Stock Exchange listed exploration firm Rock Tech Incorporated is on the verge of acquiring the entire stake of private equity firm Brainworks Capital Management in a reverse takeover deal.Aft...
By Staff reporter | Published: 09 October 2013
Safeguard Engineering, in partnership with South Africa's Frost International, has introduced onto the local market a wide range of high quality automatic sliding doors that are suitable for any prop...
By Chris Chinamhora | Published: 09 October 2013
The government says it is committed to availing resources to ensure that broadband services continue to improve as this will contribute to economic and social development of the country.In his remark...
By Staff reporter | Published: 09 October 2013
Three million Zimbabweans who use the EcoCash Wallet can now also operate a savings accountEconet Wireless has launched a new service called EcoCashSave, which allows an EcoCash customer to move money...
By Staff reporter | Published: 09 October 2013
Local mobile phone service provider, Telecel Zimbabwe Limited says it will comply with the indigenisation and economic empowerment broad-based model in the procurement and provision of supplies and an...
By Staff reporter | Published: 09 October 2013
THE Deputy Ministers of Agriculture, Mechanisation and Irrigation Development yesterday told the management and board of the Cold Storage Company (CSC) in Bulawayo that the Government would no longer ...
By Staff reporter | Published: 09 October 2013
OLAM International Limited, a global commodity trader is close to selling its Zimbabwean unit, Olam Cotton to a local firm ETG Parrogate, sources said yesterday. The transaction has, however, left man...
By Business Reporter | Published: 09 October 2013
Emirates, one of the fastest growing airlines in the world, is offering travellers in Zimbabwe the chance to visit some of the world's most popular destinations at reduced fares for a limited period o...
By Staff reporter | Published: 08 October 2013
IT has long served as the ceremonial ambrosia of a timeless Africa, prepared with painstaking care by rural women, toiling over smoking wood fires and steaming earthen pots.No social occasion or relig...
By thestar.com | Published: 08 October 2013
IMARA Edwards Securities speculates that the review of beer prices by Delta Beverages is a reaction to the 'abuse' by retailers on pricing due to shortage of coinage.Delta reviewed the wholesale and...
By Staff reporter | Published: 08 October 2013
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has plans to issue a $54 million bond to finance expansion programmes at State-owned telecoms firm TelOne and the Zimbabwe Power Company (ZPC) at...
By Staff reporter | Published: 08 October 2013
Caledonia Mining Corporation said Monday that it had seen increases in gold production from its 49%-owned subsidiary Blanket Mine in Zimbabwe during the third quarter.In the third quarter ended ...
By Staff reporter | Published: 07 October 2013
The Zimbabwe Power Company (ZPC) is embarking on a $1,3 billion expansion programme for Hwange Thermal Station in a move that will see the power utility increase its power generation by 600 megawatts....
By Staff reporter | Published: 07 October 2013
OK Zimbabwe is embroiled in a potentially bruising wrangle with 51 former workers of OK Mart, over alleged unfavourable working conditions that ensued when the former took over from Makro.The Zimbabwe...
By Staff reporter | Published: 07 October 2013
The Zimbabwe Energy Regulatory Authority (Zera) said on Sunday Zimbabweans must shift to use of liquefied petroleum gas (LPG) as the power supply situation remains unstable.With Zimbabwe facing a pere...
By Staff reporter | Published: 07 October 2013
Zesa Holdings says it is considering installing new boiler technologies for its three redundant thermal power stations to help reduce the power deficit the country is facing.Zimbabwe is struggling to ...
By Staff reporter | Published: 07 October 2013
Mliswa flees to South Africa? 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
