TA released an improved set of results showing a 12.5% growth in revenue to $39m from $34.6m. The insurance division continues to anchor performance after contributing $21.9m in net earned premium dow...
By Staff reporter | Published: 12 September 2013
Fidelity Life Assurance realised a depressed set of results, underwriting surplus was 33% down from $3.3m to $2.2m. Profit from operations dipped 21% from $3.3m to $2.6m mainly because land that was e...
By Staff reporter | Published: 12 September 2013
Zimbabwe Platinum Mines (Zimplats) is forging ahead with its multi-million dollar Ngezi Phase II expansion project after engaging South Africa-based Robor Pipe Systems (Robor) to supply steel pipeline...
By Business reporter | Published: 12 September 2013
ZSE- Listed agro-industrial conglomerate, AICO Africa Limited is to complete the disposal of a 20 percent shareholding in Seed Co to a United Kingdom seed company, Limagrain, by the end of November.Th...
By Staff reporter | Published: 12 September 2013
Embattled CAPS Holdings boss, Fred Mtanda, has made an offer to stop the auctioning of the pharmaceutical company's assets to settle debts owed to financial institutions. Mtanda is reportedly negotiat...
By Staff reporter | Published: 12 September 2013
Astra to rebrand after acquisitionAstra Industries is expected to rebrand after its recent acquisition by a Tokyo-listed firm, Kansai Plascon Africa, which is expected to be unveiled to the market in...
By Staff reporter | Published: 12 September 2013
Tetrad Investment Bank has been taken to court for allegedly withdrawing its client's money without the authority of the account holders.The bank was summoned to appear at the Harare Magistrate...
By Staff reporter | Published: 12 September 2013
ACQUISITION of controlling shareholding in Ziscosteel by Mauritius based Essar Holdings will be expedited now that President Mugabe has appointed Cabinet, newly appointed Industry and Commerce Minist...
By Staff reporter | Published: 12 September 2013
NEW Mines and Mining Development Minister Walter Chidhakwa yesterday said mining contributes significantly to the economic growth of Zimbabwe in a number of ways.Speaking shortly after being sworn in,...
By Staff reporter | Published: 12 September 2013
The Zanu-PF Masvingo provincial leadership has ordered sugar cane growing giant Tongaat Hullet to immediately surrender over 6 000 hectares of cane plantations at Triangle that will be allocated to la...
By Staff reporter | Published: 12 September 2013
ZIMRE Property Investments Limited is pleased with the rate at which they are recovering the returns from their two projects in Harare and Masvingo.The company has to date sold a total of 303 stands ...
By Staff reporter | Published: 11 September 2013
Alpha Media Holdings (AMH) is restructuring its operations in editorial, advertising and distribution departments which could result in some positions with the organisation being made redundant.AMH C...
By Staff reporter | Published: 11 September 2013
ECONET WIRELESS-OWNED internet access provider and internet service provider Liquid Telecom recently announced that it has completed the country's first direct fibre connection to the West African Ca...
By Business Reporter | Published: 11 September 2013
Rainbow Tourism Group has launched a new jingle that is centred on their payoff line "Whithersoever, whensoever with RTG life is nice" and their dancing in the rain thrust. Dancing in the rain was tak...
By Staff reporter | Published: 11 September 2013
ZSE-listed Rainbow Tourism Group yesterday scored a first in the hotel industry when it launched a new package, "Stay now, pay later", that allows individuals and organisations to book into the hotel ...
By Business Reporter | Published: 11 September 2013
THE Postal and Telecommunications Regulatory Authority of Zimbabwe has released the Zimbabwe National Frequency Allocation Plan draft which will indicate the extent of frequency resources that will b...
By Staff reporter | Published: 11 September 2013
The Industrial Development Corporation (IDC) of Zimbabwe says it needs more than $100 million to recapitalise its subsidiaries.The proposed funds are aimed at reviving the corporation's divisions, whi...
By Staff reporter | Published: 10 September 2013
Power utility company ZESA has announced a $170 million debt relief for domestic customers and resettled and rural farmers.ZESA says the debt relief to customers was devised after extensive consultati...
By Staff reporter | Published: 10 September 2013
ZSE-listed Rainbow Tourism Group yesterday scored a first in the hotel industry when it launched a new package, Stay now, pay later that allows individuals and organisations to book into the hotel gr...
By Staff reporter | Published: 10 September 2013
BINDURA Nickel Corporation is projecting to attain a cash positive position by the end of next month after overcoming its immediate funding requirements.The projection is contained in the firm's finan...
By Business reporter | Published: 10 September 2013
Zimre Property Investment (ZPI) released a lukewarm set of numbers showing a 25% growth in revenue to $3.5m from $2.8m. Rental income contribution reduced significantly from a high of 70% in December ...
By Staff reporter | Published: 10 September 2013
First Mutual Holdings Limited (FMHL) released a mixed set of numbers indicating a 16% jump in gross premium written to $52m from $45m in the prior period. The biggest contribution to revenue came fro...
By Staff reporter | Published: 10 September 2013
Zimbabwean banks have been ranked among the worst financial institutions in the world due to low capitalisation levels and systemic risks inherent in the economy.According to the World Economic Forum ...
By Staff reporter | Published: 10 September 2013
HARARE - Orhan Abbas, whose career spans 15 years within commercial roles at Emirates, has been appointed Senior Vice President, Commercial Operations, Latin America, Central and Southern Africa.Orhan...
By Staff reporter | Published: 10 September 2013
Johannesburg-based investment holding company, Mondise Capital and the pan-African Imara financial services group today (Tuesday, September 10) announced the formation of a joint venture, Imara Mondis...
By Staff reporter | Published: 10 September 2013
Mliswa flees to South Africa? 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
