The value of the Zimbabwe dollar yesterday plunged against the United States dollar after stabilising at the weekend following the Reserve Bank of Zimbabwe (RBZ)'s decision to freeze bank accounts of ...
By Staff reporter | Published: 27 September 2019
ONE of the country's largest ferrochrome producers, African Chrome fields (ACF), has shut down its mining operations in Kwekwe, laying off over 500 workers.The company is owned by South African busine...
By Staff reporter | Published: 27 September 2019
MOZAMBIQUE'S Hidroelectrica de Cahora Bassa (HCB) will this week feed 100 megawatts into the country's power grid, a move likely to ease power shortages in Zimbabwe, Zim Morning Post reported.The late...
By Staff reporter | Published: 27 September 2019
RETAILERS, who stand accused of profiteering, have attributed the relentless price increases to currency instability and the rising cost of doing business. In an interview, Confederation of Zimbabwe R...
By Staff reporter | Published: 27 September 2019
LOCAL Information Communication and Technology (ICT) company, Axis Solutions, has introduced a new electronic fiscal device which is affordable and safe from power cuts called the RevMax.Zimbabwe has ...
By Staff reporter | Published: 27 September 2019
The Zimbabwe Energy Regulatory Authority (Zera) has processed 39 solar power projects that have capacity to generate up 1 151,87MW, as the country moves towards renewable energy to contain shortages. ...
By Staff reporter | Published: 27 September 2019
The Central Mechanical and Equipment Department (CMED) has set up a control room at its headquarters in the city to monitor the movement of all Government vehicles and collecting information on vehicl...
By Staff reporter | Published: 27 September 2019
Cassava Smartech yesterday launched a $10 million chakachaya pasasai promotion that will be open for all active Sasai application users. The promotion which will run for over 10 weeks starting from to...
By Staff reporter | Published: 27 September 2019
A FAULTY electricity cable that supplies power to the National Railways of Zimbabwe signals grid has disrupted local and regional train movement between South Africa and Zimbabwe through Beitbridge.So...
By Staff reporter | Published: 27 September 2019
COKE making firm, ZimCoke Private Limited, says it is geared to commence production once it completes renovations on its ovens. ZimCoke took over coke ovens within the defunct steel giant Zisco ...
By Staff reporter | Published: 27 September 2019
INCREASED investment towards tapping digital opportunities remains the anchor for the growth of Zimpapers (1980) Limited, the country's leading integrated media group, as it seeks to diversify operati...
By Staff reporter | Published: 27 September 2019
Zimbabwe will today celebrate the World Tourism Day at Matobo National Park.The day is set aside to raise awareness of the socio-economic benefits that are derived globally through travel and tourism ...
By Staff reporter | Published: 27 September 2019
STRUGGLING beef processor, Cold Storage Commission (CSC) has temporarily ceased operations and is sending workers on forced leave to allegedly allow for "retooling and refurbishments".Southern Eye has...
By Staff reporter | Published: 27 September 2019
THE Zimbabwe Power Company (ZPC) has been sued for Z$2,6 million for disrupting electricity connections at a Mazowe farm, resulting in losses.Kukohwa Kurima (Pvt) Ltd (Kukohwa Kurima) has cited ZPC in...
By Staff reporter | Published: 27 September 2019
THE National Railways of Zimbabwe (NRZ) has expressed satisfaction with progress made towards concluding the US$400 million recapitalisation deal with the Diaspora Infrastructure Development Group (DI...
By Staff reporter | Published: 24 September 2019
Zimbabwe Stock Exchange listed cement producer, PPC, has appointed Roland van Wijnen, a former Lafarge Holcim executive as its new CEO. Van Wijnen, originally from Netherlands will be replacing Johan ...
By Staff reporter | Published: 24 September 2019
ZIMBABWE's exports fell 32 percent in June this year weighed down by reduced shipments of major mineral exports, latest statistics from the Reserve Bank of Zimbabwe (RBZ) show. The drop in exports cam...
By Staff reporter | Published: 24 September 2019
PREMIER African Minerals will soon meet the Mining Affairs Board over the company's application for an Exclusive Prospecting Order (EPO) at its Zulu Lithium and Tantalite project in Matabeleland South...
By Staff reporter | Published: 24 September 2019
Fertiliser manufacturer Sable Chemicals has started feasibility studies to mine coal bed methane gas in Lupane as it seeks to cut on its import bill, an official has said.The company, which is the sol...
By Staff reporter | Published: 24 September 2019
Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...
By Staff reporter | Published: 23 September 2019
In a bid to assist Securities Market Intermediaries (SMIs) in understanding their obligations in the fight against money laundering and terrorist financing in the securities sector, the Security and E...
By Staff reporter | Published: 23 September 2019
The mining sector had another mixed month in July with changes in output varying across the board while total earnings from mining commodities fell by 13% to US$205 million. Positively, gold, the coun...
By Staff reporter | Published: 23 September 2019
Latest data from Zimstat shows that the average Zimbabwean lived on $10.78 per day while the average family needed $1,617 for enough subsistence to not be deemed poor. This means that Zimbabweans are ...
By Staff reporter | Published: 23 September 2019
Month on month inflation continued to trend downwards in August, with the figure falling to 18.07% from 21.04% in July. Following the decision to suspend the release of annual inflation statistics, th...
By Staff reporter | Published: 23 September 2019
In the absence of an international bailout package, the Reserve Bank of Zimbabwe has presented a monetary policy statement strongly focused on domestic resource mobilisation aimed at reviving the prod...
By Staff reporter | Published: 23 September 2019
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
