Nearly every mining operation in Zimbabwe is currently hamstrung by working capital constraints, and efforts to focus on offshore capital markets are already hurt by risk aversion, said Ernst & Yo...
By finx | Published: 26 June 2013
Zimre Holdings Limited recorded 38% growth in operating profit in the
first quarter as a result of improved collections and cost control
initiatives implemented by the firm, group CEO Albert Nduna ...
By Business reporter | Published: 25 June 2013
TSL Limited posted a 31% growth in revenue to $20.22 million for the six months ended 30 April 2013 from $15.38 million in the same period last year on the back of strong performance from the group's ...
By Business reporter | Published: 14 June 2013
OK Zimbabwe board of directors on 7 June 2013 declared a final dividend of 0,40 cents per share payable out of the profits of the company for the year ended 3 I March 2013.The dividend will be payable...
By Mkhululi Siwela | Published: 13 June 2013
The Group continued to import most of the products sold in the stores as supplies from the local manufacturing base remained inadequate. South Africa subsists as the major source of imported products ...
By Business reporter | Published: 13 June 2013
RTG has made significant strides towards achieving its stated objectives for 2013 as adopted by the management team, CE Tendai Madziwanyika told the AGM this afternoon. "As you are aware, the com...
By Business reporter | Published: 12 June 2013
Lifestyle Holdings Limited seems to be feeling the heat of its massive branch expansion after recently closing a number of outlets in Harare and adjacent towns. The furniture group has over the...
By Business reporter | Published: 10 July 2013
Flue-Cured tobacco sales have now reached 146 million kilogrammes, surpassing the 2012 final output of 144,5 million kilogrammes. During the corresponding 80th day in 2012 more than 117 million kg ha...
By Staff reporter | Published: 10 July 2013
The recent introduction of daily Air Zimbabwe flights to Johannesburg using the A320 Airbus has impacted positively on the market, with airfares on the regional route falling by up to 60 percent.Oth...
By Business reporter | Published: 10 June 2013
A CHINESE bank has agreed to finance the Hwange Thermal Power Station expansion. Permanent Secretary in the Ministry of Energy and Power Development Mr Partson Mbiriri revealed this at theConfederati...
By Staff Reporter | Published: 10 June 2013
INNSCOR Africa Limited has been evicted from its Arundel Spar supermarket premises after allegedly failing to abide by terms of the lease agreement.The diversified manufacturing and retail conglomera...
By Business Reporter | Published: 10 June 2013
Arundel Spar, one of Innscor's corporate stores has been evicted from the Arundel Shopping Centre premises after a long protracted wrangle (4 years) with the landlord.Last year, Eastlea SPAR which wa...
By Business reporter | Published: 10 June 2013
Dairibord will spend $600 000 to procure a new ultra-high temperature (UHT) milk machine from Finland, which is expected to boost production capacity.Dairibord COO Themba Mutsvairo told an investors ...
By Financial Express | Published: 10 June 2013
Econet Wireless Limited is to change the name of its banking subsidiary, TN Bank Limited, to Steward Bank Limited, sealing the transformation of the commercial bank expected to capitalise on Econet'...
By Business reporter | Published: 10 June 2013
Innscor, through its subsidiary, Bakers Inn, is targeting bread production capacity of 1 million loaves a day by 2015, group chief executive John Koumides has said. He said this after the commissio...
By Business reporter | Published: 10 June 2013
Construction of the US$160 million Hilton Hotel and office complex along Samora Machel Avenue in Eastlea is set to begin in October, Harare town clerk Dr Tendai Mahachi has said.The development that...
By Michael Chideme | Published: 10 June 2013
Listed financial services group FBC Holdings, faced with the possibility of failing to meet new minimum capital requirements by 30 June, plans to surrender its FBC Building Society licence to regulat...
By Business Reporter | Published: 10 June 2013
TELECEL Zimbabwe Ltd, a unit of Orascom Telecom Holdings Ltd, sees an opportunity expanding banking services via mobile phones as it seeks to generate higher revenue per user, general manager Angelin...
By Bloomberg | Published: 10 June 2013
Telecel prepaid customers can now make calls for double the value of the airtime they purchase, regardless of who they are calling, as long as the call is a local call.The Mega Bonus Reloaded Promoti...
By Chris Chinamhora | Published: 10 June 2013
Lafarge last night launched a new brand communication campaign which changes the baseline to 'building better cities' from 'bringing materials to life'. The group says the new baseline mirrors the ch...
By Staff reporter | Published: 10 June 2013
Youth Development, Indigenisation and Economic Empowerment Minister, Saviour Kasukuwere told parliament the deal struck between his ministry and Brainworks, a consultant firm on indigenisation, was...
By Staff reporter | Published: 10 June 2013
Innscor's Bakers Inn will in September commission a new pie making plant which will raise capacity to 200 000 pies from the current 12 000 daily.Bakers Inn General manager Ketan Patel said during a t...
By Financial Express | Published: 10 June 2013
The Egyptian owners of Telecel Zimbabwe, Oracom Telecom, revealed yesterday that they are in talks to sort out the license renewal issues they have with the government and local telecommunications re...
By Staff reporter | Published: 10 June 2013
FIXED telephone services provider TelOne will in July this year commission the Bulawayo-Victoria Falls fibre optic cable ahead of the United Nations World Tourism Organisation General Assembly in Aug...
By New Ziana | Published: 10 June 2013
MEIKLES Limited will start mining operations next year after its investment vehicle, Meikles Resources obtained a special mining grant in the Midlands province, the group said yesterday.The special g...
By Business Reporter | Published: 10 June 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
