Nyanga - THE level of non-performing loans in the banking sector has risen from average of 0,3 percent in March 2009 to an unhealthy average rate of 13,8 percent by March this year, the Zimbabwe Econo...
By Staff Reporter | Published: 18 October 2013
Diamond production at Murowa mine rose marginally to 279 000 carats during the first nine months of the year from 277 000 carats mined in the corresponding period last year, parent company Rio Tinto ...
By Staff Reporter | Published: 21 October 2013
Telecel Zimbabwe was last week, for the second year running, presented with the Best Call Centre Award at the Contact Centre Association of Zimbabwe (CCAZ) Customer Service Excellence awards ceremony...
By Mike Hamilton | Published: 21 October 2013
GOVERNMENT has injected $4 million into cash-strapped National Railways of Zimbabwe (NRZ) towards the rehabilitation of the rail network throughout the country.The funding would help restore viabili...
By Staff reporter | Published: 21 October 2013
Conglomerate Innscor Africa Limited has begun formal talks for the acquisition of the Western Region SPAR franchise from tycoon, Ray Kaukonde, himself a major shareholder in the cash-rich retail and...
By Staff reporter | Published: 21 October 2013
Fifteen gold miners in Mashonaland Central province are protesting Environment, Water and Climate minister, Savior Kasukuwere's decision to evict them from their operations.The gold miners, who say ...
By Staff reporter | Published: 17 October 2013
The Commercial Farmers' Union has warned that Zimbabwe's agriculture may be starved of long-term capital should the government force local banks to freeze debt owed by farmers to financial institution...
By Staff reporter | Published: 17 October 2013
The Zimbabwe National Chamber of Commerce will next week host the Zimbabwe Namibia business forum which is expected to foster trade and investment promotion activities between the two countries. The ...
By Staff reporter | Published: 17 October 2013
GOVERNMENT and the private sector need to work together to promote the exploration of new mineral deposits, the Chamber of Mines of Zimbabwe has said. CoMZ chief executive Mr John Chikombero said disc...
By Staff reporter | Published: 17 October 2013
HWANGE Colliery Company Limited has invited bids for the provision of contract mining services as the coal mining firm seeks to more than double production. Contract mining is engagement of a third-p...
By Business Reporter | Published: 17 October 2013
GOVERNMENT has softened its stance on the indigenisation of banks, saying the institutions will not be required to immediately turn over their majority stakes to indigenous Zimbabweans.In a marked cha...
By Staff reporter | Published: 17 October 2013
State-owned bus operator, the Zimbabwe United Passenger Company (ZUPCO) says it has achieved targets for its 3-year strategic plan as part of an ongoing recapitalisation drive.ZUPCO is on a recapital...
By Staff reporter | Published: 16 October 2013
A Bulawayo retailer specialising in building material and industrial products is expanding its operations by opening more branches. Formerly known as Buildtech Building and Industrial Merchants, the c...
By Business Reporter | Published: 16 October 2013
Delta publishes trading update for the second quarter ending September 30 saying consumer demand has remained generally soft, a trend that has been evident since the beginning of the calendar year. A...
By Business reporter | Published: 16 October 2013
The new mandatory 10 percent blending of ethanol with petrol has started today (Tuesday) with experts assuring the motoring public that no damages will be experienced as the fuel is compatible t...
By Staff reporter | Published: 15 October 2013
Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the best airline at this years' Service Excellence Awards in Zimbabwe - the second local award for the airline in the three...
By Staff reporter | Published: 15 October 2013
Zimbabwe Electricity Supply Authority subsidiary, the Zimbabwe Power Company (ZPC), says it is close to finalising a deal with China Export and Import Bank for the expansion of Kariba's South hydropo...
By Staff reporter | Published: 15 October 2013
MORE than $1 billion exchanged hands through the Econet Wireless mobile payment platform in the first nine months to September as the country's formal banking sector pushes for more financial inclusio...
By Staff reporter | Published: 15 October 2013
The Grain Millers Association of Zimbabwe says at least 20 of its members have been forced to close shop during the past 12 because of competition from the uncontrolled importation of cheap flour.Ac...
By Staff reporter | Published: 14 October 2013
The Platinum Producers Association of Zimbabwe has completed a study on the feasibility of building a platinum refinery in Zimbabwe.The study was carried out in response to calls from the government ...
By Staff reporter | Published: 14 October 2013
Hwange Colliery workers have gone on strike demanding overdue salaries, a week after their spources demonstrated, Zimbabwe Focus reported.More than 100 wives of Hwange Colliery Company Limited (HCCL...
By Staff reporter | Published: 14 October 2013
The Zimbabwe government has granted a license to Global Diamond Trekkers to explore for the gems in the Middle Save area of Manicaland province, about 100 kilometers south east of the Chiadzwa fields...
By Staff reporter | Published: 14 October 2013
INDIGENISATION minister Francis Nhema is set to meet foreign- owned banks operating in Zimbabwe to discuss a possible modification of the indigenisation policy.Nhema told Southern Eye Business on the...
By Staff reporter | Published: 14 October 2013
Seed Co Limited is mulling shedding its cotton planting seed company, Quton, seven years after it acquired the business from Cottco, and Indian firm Mahyco has emerged as a front runner to swoop on th...
By Staff reporter | Published: 14 October 2013
MedTech released an improved set of financials, showing a 10% growth in revenue to $7m on the back of a 44% increase in the Medical segment revenue as well as a 5% sales growth in the FMCG segment. Th...
By Business reporter | Published: 14 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
