TRANSPORT and logistics firm Pioneer Corporation Africa is pinning its hopes on newly acquired fellow industry player Unifreight Limited to help double revenue once Government approval of the transact...
By Staff reporter | Published: 30 September 2013
CONSTRUCTION group Radar Holdings plunged to a $49 million loss for the year ended June 30 2013 after disposing of its 51 percent controlling interest in Border Timbers Limited to focus on its core bu...
By Staff reporter | Published: 30 September 2013
Radar CE Elias Hwenga told analysts on Friday that Radar will continue focusing on brick making and property development in the aftermath of the successful demerger of Border Timbers. "Going forw...
By Staff reporer | Published: 30 September 2013
Mauritius-based AfrAsia Holdings Limited (AfrAsia) plans to inject over $100 million into its Zimbabwean subsidiary to help ease liquidity challenges in the country.This comes as the financial group r...
By Staff reporter | Published: 30 September 2013
Air Zimbabwe's 'Cruising Altitude Promotion' which was extended from the July 31 deadline to 30 September is coming to an end.The promotion will now run till 30 September, 2013 and there has bee...
By Ngoni Shenjere | Published: 30 September 2013
PG Industries released a weak set of results showing an attributable loss of $2.2m.Although the loss before tax reduced to $2.2m, the overall group gross margin declined from 31% to 27% this was mainl...
By Staff reporter | Published: 30 September 2013
Mobile phone users with unregistered SIM cards have been given a 30-day ultimatum starting next Tuesday to register them, while those registered whose addresses have changed are expected to notify the...
By Staff reporter | Published: 30 September 2013
HWANGE Colliery Company (HCC) plunged to a $3,2 million after-tax loss in the first six months of the year ended June 30, attributed to a poor cash-flow and high legacy debts.The company has debts in...
By Business reporter | Published: 30 September 2013
Work to establish Zimbabwe's first ever platinum refinery is on course with feasibility studies for the plant having been completed, an official said last week.Zimplats chief executive Mr Alex Mhember...
By Staff reporter | Published: 30 September 2013
The slow pace of adoption of mobile-based payment systems by the banking sector has exacerbated the current challenges being faced by the financial sector in delivering their mandate, Bankers' Associa...
By Business Reporter | Published: 30 September 2013
THE acute liquidity crunch on the market has had a major impact on construction projects, despite Masimba Holdings acquiring a record order book.The company's confirmed order book for the period ended...
By Staff reporter | Published: 30 September 2013
ZSE-listed conglomerate, Starafrica Corporation has said that it plans to dispose of two of its investments by the end of November this year as it seeks to pay-off creditors.Shareholders approved the ...
By Staff reporter | Published: 30 September 2013
Platinum mining company, Zimplats, says it has committed itself to ensure that 60 percent of its supplier expenditure is directed to locals to contribute to the economic development of the country.In ...
By Staff reporter | Published: 27 September 2013
Timber producer Border Timbers recorded a $1,2 million in profits for the year ending June 30, 2013 representing a 35 percent decline from the same period last year.The decline in profit came on the b...
By Staff reporter | Published: 27 September 2013
INSURER ZimRe Holdings Limited recorded an awesome 209 percent growth in profitability in the interim to June 2013 to overturn a $1,4 million half year loss in 2012 to a US$1,5 million profit.The Zimb...
By Staff reporter | Published: 27 September 2013
The Bankers Association of Zimbabwe (BAZ) has taken a swipe at the current collective job action and picketing by the Zimbabwe Banks and Allied Workers Union saying that the trade union is in breach o...
By Staff reporter | Published: 27 September 2013
Former Mines and Mining Development permanent secretary Prince Mupazviriho has been appointed to the board of the Dubai Diamond Exchange (DDE), one of the world leading precious stones trading platfor...
By Staff reporter | Published: 27 September 2013
Anglo American Platinum confirmed on Friday that members of the Association of Mineworkers and Construction Union (Amcu) at its operations in Rustenburg and the North of the Pilanesburg have embark...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited CEO Canada Malunga told an analyst briefing yesterday that the Group is engaging the government on products movement in the region as the group is facing stiff competition fro...
By Staff reporter | Published: 27 September 2013
Johannesburg - Vodacom Group [JSE:VOD] is in talks to buy Tata Communications' stake in South African telecoms operator Neotel for more than R5bn, Bloomberg reported on Friday, citing a person familia...
By Reuters | Published: 27 September 2013
Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the Best International Airline at the Association of Zimbabwe Travel Agents (AZTA) Awards held in Harare last week (Septembe...
By Staff reporter | Published: 27 September 2013
Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, announced that it has won the contract to deploy Agilis Core General Insurance software...
By Business reporter | Published: 27 September 2013
ZIMRE reported a respectable set of results as operating profit significantly increased to $1.6m from a loss of $1.1m in the prior period. Profit before tax for the group improved from a loss of $1.4...
By Staff reporter | Published: 27 September 2013
Pursuant to the passing of the Scheme of Arrangement, Starafrica has published an update. Negotiations with potential buyers of Starafrica's investment in Tongaat Hulett Botswana and Bluestar Logistic...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited reported a set of flat numbers with revenue going up 2.2% to $44m on the back of a 66% contribution from Construction and 34% contribution from Manufacturing. Compared to the ...
By Staff reporter | Published: 27 September 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
