Pelhams Chief Executive Middleton Chikowore told an AGM held yesterday that the group would post a loss for the first half as the season has been characterised by tightening liquidity and consequent s...
By Staff reporter | Published: 20 September 2013
TORONTO-listed New Dawn Mining Corp says the economic and business climate in Zimbabwe continues to deteriorate and the risks to the company's assets and operations in Zimbabwe are increasing commensu...
By Tendai Bhamu | Published: 20 September 2013
New Dawn Mining Corp has scheduled a Special Meeting of its Shareholders for October 31, 2013 to consider and, if thought advisable, approve special resolutions (the "Proposals") authorizing the Compa...
By Staff reporter | Published: 20 September 2013
ECONET Wireless Zimbabwe Ltd's mobile money transfer service EcoCash is expected to drive share value and company growth going forward, a top executive said.Econet's deputy finance director Roy Chiman...
By staff reporter | Published: 20 September 2013
Bindura Nickel Corporation shareholders have approved the conversion of some of the mining group's liabilities into equity in a move that will see the company placing shares translating to a 10% stake...
By Business reporter | Published: 20 September 2013
MEIKLES LIMITED is reviewing the trading model for its departmental retail unit, Meikles Stores, which has been forced to retrench 55 workers due to viability challenges.The bid to cut costs by reduci...
By Business reporter | Published: 20 September 2013
The Zimbabwe Microfinance Wholesale Facility has disbursed loans worth at least $2,5 million to Micro Finance Institutions for on-lending to small businesses and the economically active poor since i...
By New Ziana | Published: 19 September 2013
Liquid Telecom Group has expanded its fibre link to East Africa resulting in it becoming the first wholesale carrier to connect the East African capitals of Nairobi, Dar es Salaam, Kampala and Kigali ...
By Staff reporter | Published: 19 September 2013
NetOne has embarked on an aggressive mobile broadband expansion drive, commissioning several new base stations across the country and setting the mobile telephone service provider on a massive growth ...
By Staff reporter | Published: 19 September 2013
Bindura Nickel Corporation chairman Kalaa Mpinga told a BNC AGM this morning that management adopted a strategy for earlier extraction of massives totaling 6 290 tonnes nickel over a period of 18 mont...
By Staff reporter | Published: 19 September 2013
TETRAD Holdings insurance arm, THI Insurance, plans to introduce new insurance products to the agriculture sector soon in a bid to explore opportunities in the niche market, the company's non-executiv...
By Business Reporter | Published: 19 September 2013
ZSE-listed agricultural concern Aico Africa Limited has suspended contracting soya bean farmers after the company lost more than $1 million through side marketing, a company official has said.In...
By Staff reporter | Published: 19 September 2013
The Zimbabwe Stock Exchange (ZSE) intends to automate its trading activities in order to match international norms and standards of operation in terms of efficiency, transparency, fairness and cost e...
By Staff reporter | Published: 19 September 2013
Clothing retailer Edgars Stores Zimbabwe is uncertain about the recovery prospects and future stability of the Zimbabwe's economy, despite the conclusion of elections and the swearing in of a new cab...
By Business reporter | Published: 19 September 2013
BULAWAYO-BASED cement producer Pretoria Portland Cement (PPC) Zimbabwe has initiated a voluntary retrenchment exercise that will result in at least 100 employees leaving, a clear sign firms continue f...
By Staff reporter | Published: 19 September 2013
ECONET Wireless Zimbabwe shareholders on Tuesday approved directors' proposal to buy back a maximum 10 percent of the firm's shares.Shareholders endorsed the proposal and two other main resolutions at...
By Staff reporter | Published: 18 September 2013
FINANCIAL analysts foresee dairy processor Dairibord Holdings' revenue remaining almost flat around $108 million this year following slow growth in its top line during the first half of its financial ...
By Staff reporter | Published: 18 September 2013
THI insurance Zimbabwe is planning to expand its crop insurance business into East African market as it seeks to grow its book. Speaking at the insurance company's 75th anniversary celebrations in Har...
By Staff reporter | Published: 18 September 2013
Zimbabwe is working on introducing mandatory blending of petrol to the levels of E20 (a mixture of 80% petrol and 20% anhydrous ethanol), President Robert Mugabe has said.Speaking at the official ope...
By fin24 | Published: 18 September 2013
THE Postal and Telecommunication Regulatory Authority of Zimbabwe (Potraz) has cancelled the operating licence of Valley Technologies (Pvt) Ltd after the company failed to pay a licensing and spectrum...
By Staff reporter | Published: 18 September 2013
JOHANNESBURG - Aim-listed Premier African Minerals is aiming to start low-cost production at its flagship RHA tungsten project, in the Kamativi tin belt, in Zimbabwe, during the second half of 2014, f...
By miningweekly.com | Published: 18 September 2013
South Africa's retail outlet Shoprite has closed shop at the Bulawayo Centre amid revelations local business mogul Raji Modi, owner of Bellevue Spar, has taken over the business to open another outlet...
By Staff reporter | Published: 18 September 2013
BRITISH Airways Comair is committed itself to servicing the Victoria Falls/Johannesburg and will introduce larger aircraft once expansion of the resort town's airport runway is completed, an official ...
By Staff reporter | Published: 18 September 2013
Business ReporterMwana Africa Plc has raised $2,8 million through a subscription and placing of shares, taken up by existing and new shareholders, to accelerate development of its mining projects.The ...
By Business reporter | Published: 18 September 2013
RETAIL giant OK Zimbabwe has issued a total of 15 143 314 ordinary shares valued at $3,5 million to beneficiaries of its share option scheme. This will increase the number of OK ordinary shares ...
By Business Reporter | Published: 18 September 2013
Mutezo's farm assets auctioned over $750,000 debt 
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% 
Zimbabwe's broken railways threaten lithium, tobacco exports 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
