Two Zimbabwe-based operations boosted Tongaat Hulett 's improved operating profits, the company said in a statement. "The two Zimbabwe operations generated operating profit of R630m up from R62...
By Business reporter | Published: 10 June 2013
Restructuring of the People's Own Savings Bank has started, following the engagement of legal and financial advisors to facilitate the transaction, Parastatals and State Enterprises Minister Gorden M...
By Business Reporter | Published: 10 June 2013
Air Zimbabwe has introduced a leased Airbus A320 to its fleet to service the Harare - Johannesburg route.The plane has been in South Africa for mandatory safety tests and is one of the two Airb...
By New Ziana. | Published: 10 June 2013
Asbestos products manufacturer Turnall Holdings last week said low product demand in the first four months of the year resulted in a 10 percent slump in turnover compared to the same period last year...
By New Ziana. | Published: 10 June 2013
THE International Finance Corporation has snapped about 10,3 percent stake in ABC Holdings after exercising an option to convert a 78 million pula (US$9,2 million) loan to the banking group into equi...
By Business Reporter | Published: 10 June 2013
ZIMBABWE is losing over $50 million worth of gold every month to smuggling activities, according to the Minerals Marketing Corporation of Zimbabwe (MMCZ).Owing to the inability of government to finan...
By Business reporter | Published: 10 June 2013
Jericho Advertising was honoured tonight at South Africa's prestigious AdReview Awards Ceremony in Johannesburg, walking away with the Africa Advertising Agency of The Year Award.Jericho CEO, Denf...
By Own correspondent | Published: 10 June 2013
The Bon Marche supermarket chain in Harare, Zimbabwe, held its fourth Aerobathon on Saturday the 23rd of March 2013. The aim was to promote a healthy lifestyle for Bon Marche customers in a fun and f...
By OK Zimbabwe | Published: 10 June 2013
The OK supermarket chain in Zimbabwe celebrated the opening of its new Wynne Street branch in Harare on Thursday the 9th May 2013. OK's valued partner suppliers were on hand to provide a carnival atm...
By Staff reporter | Published: 10 June 2013
Air Zimbabwe has taken delivery of an Airbus A320 which is expected to ply the Johannesburg route.The plane, which was going under routine maintenance and safety checks Thursday at the Harare Interna...
By Staff Reporter | Published: 10 June 2013
SeedCo is seeing more cash being generated by the business as the stock holding levels are being reduced, Chief Executive Officer Morgan Nzwere told analysts at a briefing yesterday.The group's sale...
By Business reporter | Published: 10 June 2013
Turnall saw a rebound in sales and demand in the month of April and grew sales for that month to bring volume deficit down from the 16% in Q1 to 6% for the year to April 2013, MD John Jere told the A...
By Business reporter | Published: 10 June 2013
Lafarge's performance in the first 4 months was unchanged with revenue of $21.7 million, almost the same figure posted in the comparative period, MD Jonathan Shoniwa told the AGM this morning. "...
By Business reporter | Published: 10 June 2013
NetOne Cellular (Private) Limited lost thousands of dollars to its customer care service officer who allegedly converted US$84 900 worth of airtime to his own use.Reuben Langton Mujuru (29) was a sal...
By Court reporter | Published: 10 June 2013
NicozDiamond's profitability in the 4 months to April is in line with budget expectations with the Gross Premium Written improving by 31.25% to $10.5 million as at 30 April 2013, group MD Grace Murad...
By Business reporter | Published: 10 June 2013
Luxury bus firm City Link Coaches fears a court order compelling it to pay close to a million dollars in debt will cripple its operations.According to court papers, the lawsuit emanated from a luxury...
By Staff reporter | Published: 10 June 2013
Barclays Bank Zimbabwe recently launched Cashsend, a simple money transfer solution that enables a Barclays customer with any Barclays debit card to send money to anyone in Zimbabwe. The recipient re...
By Business reporter | Published: 10 June 2013
UNITED STATES private equity firm Equator Capital is nearing a deal to acquire a 10 percent shareholding in Zimbabwe Stock Exchange-listed financial group, FBC Holdings, sources familiar with the dea...
By Business reporter | Published: 10 June 2013
At least 30 estate agents have so far this year failed to renew their licences for various reasons, an official said last week.Estate Agents Council of Zimbabwe registrar Mr Bennias Gweme told New Zi...
By New Ziana. | Published: 10 June 2013
Global electronics manufacturer LG Electronics has partnered with Edgars in distributing its products as it continues to increase its market footprint in the country. Demand planner and assistant p...
By Staff reporter | Published: 10 June 2013
Delta's revenue and margins for the year ending 31 March 2013 were driven by premiumisation in lager beer and soft drinks and price correction in Chibuku, CEO Pearson Gowero told an analyst briefing...
By Business reporter | Published: 10 June 2013
The country's fixed telecommunications network operator, Tel*One is understood to have been rocked by a scandal involving the diversion of employee benevolent funds to a microfinance institution, pre...
By Business reporter | Published: 10 June 2013
At least 33 Zimbabwean companies yesterday received awards from a South African-based consultancy firm, PMR Africa. The awards were based on points that the companies accrued in a survey that PMR ca...
By Staff Reporter | Published: 10 June 2013
Delta Corporation Limited, ZImbabwe's brewing giant, posted another punchy set of results showing a solid 39% growth in net income to $102.5m, beating analyst estimates of $96.0m for the final resu...
By Mafu Sithabile | Published: 10 June 2013
New Dawn Mining said its operations and development plans in Zimbabwe could be impacted by various factors, including, for example, increased taxes and royalties, mining fees, power and labor costs,...
By Mafu Sithabile | 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
