Telecel has urged all subscribers with unregistered SIM cards to have them registered by Friday this week to avoid being disconnected."Any subscriber with an unregistered SIM card risks disconnection ...
By Mike Hamilton | Published: 28 August 2013
The short term insurer reported a set of impressive numbers underlined by a 14% growth in gross premium written to $16m. Rental and investment income declined slightly from $0.6m to $0.4m. However, c...
By Staff reporter | Published: 28 August 2013
AFRASIA Kingdom says Marange diamond fields will become the largest diamond producer in the world based on the 16.9 million carats the project is expected to produce this year.In its weekly commentary...
By Business reporter | Published: 28 August 2013
Hwange Colliery Company mine workers went on strike on Monday over unpaid salaries. Jemister Chininga, the company's acting managing director, yesterday confirmed that the employees, who claim they ar...
By Staff reporter | Published: 28 August 2013
Alpha and Omega, a subsidiary of Gushungo Holdings, has plans to increase output at its beverage-making unit by 40 times to 200 000 litres per day due to growing export and domestic demand, a company ...
By Staff reporter | Published: 28 August 2013
Delisted ZSE manufacturing concern Steelnet will settle its debt after disposing assets. It has emerged that the company's liabilities continue to outstrip the value of assets valuated by an independe...
By Staff reporter | Published: 28 August 2013
Zimbabwe's gold deliveries for the month of May increased marginally by 4.6% from 1 081.93kg in April 2013 to 1 131.27 kilogrammes in May as output by small-scale miners registered a significant growt...
By Staff reporter | Published: 28 August 2013
The Zimbabwe Stock Exchange is fast becoming an ideal platform for facilitating the indigenisation of foreign-owned firms in compliance with the Government policy to transfer 51 percent equity of such...
By Staff reporter | Published: 27 August 2013
ZIMBABWE'S small mobile operators are charging the most expensive voice call tariffs in the southern African region, a study by Research ICT Africa Network shows.In the study, the smaller operators ar...
By Staff reporter | Published: 27 August 2013
SADC is likely to expedite the adoption of a new streamlined visa system after the regional bloc yesterday further committed itself to the introduction of a UNI-VISA system.This was the major outcome ...
By Staff reporter | Published: 27 August 2013
Zimbabwe National Water Authority has embarked on an exercise to de-silt water courses across the country and has acquired advanced equipment from United Kingdom for that purpose. In an Interview at ...
By Staff reporter | Published: 27 August 2013
ZB Building Society managing director Sifiso Mahlangu has been suspended on suspicion of loan manipulation involving loans amounting to $40 000. Mahlangu was tipped to succeed Ron Mutandagayi as the g...
By Business reporter | Published: 27 August 2013
Afrasia Kingdom Zimbabwe Limited is planning to raise $50 million through a rights issue as the group seeks to boost underwriting capacity of its flagship banking unit, sources close to the developmen...
By Staff reporter | Published: 27 August 2013
The Grain Marketing Board will soon commission a $30 million stock-feed plant to expand its revenue base in terms of an ongoing commercialisation programme.The initiative is meant to boost revenue inf...
By Business reporter | Published: 27 August 2013
The National Railways of Zimbabwe requires $2 billion for the full rehabilitation of railway lines over a period of 10 years, the parastatal's public relations officer has said.Speaking at the Harare ...
By Staff reporter | Published: 27 August 2013
ECOBANK Zimbabwe's profit before tax leapt 2 300 percent to $1,2 million in the half year to June largely driven by growth in interest income. Interest (US$4,6 million) and non-interest income ($4,3 m...
By Business reporter | Published: 27 August 2013
According to the June RBZ monthly report the volumes of bank transactions declined.The value of transactions processed through the RTGS system in June 2013 decreased by 9.48% to $3.54 billion, from $3...
By Staff reporter | Published: 26 August 2013
INDIAN firm, Indure Private Limited has won a $11 million tender to rehabilitate and upgrade the ash plant at the Hwange Thermal Power Station.The project is financed by the Zimbabwe Multi Donor Trust...
By Business reporter | Published: 26 August 2013
The Zimbabwe United Passenger Company (Zupco) has acquired 51 buses valued at $4,3 million as part of the organisation's three year strategy aimed at improving operations and maximising shareholder ...
By Staff reporter | Published: 26 August 2013
Zimbabwe Stock Exchange-listed financial services group FBC Holdings (FBCH) has acquired more than 2 000 hectares of prime land in Harare earmarked for the construction of residential properties.The g...
By Business reporter | Published: 26 August 2013
Zimbabweans will have to grapple with power cuts for the next 5 years, until the country completes new generation projects subject to availability of funding, the power generating parastatal said last...
By Staff reporter | Published: 26 August 2013
Financial institutions have remained profitable despite prevailing liquidity challenges and uncertainties over capital thresholds. Of the five banking groups that have released their earnings in the c...
By Staff reporter | Published: 26 August 2013
Zimbabwe's construction sector is expected to remain depressed due to the economic due to the economic uncertainty posed by the July 31 election, industry players indicate. While sector has been subdu...
By Staff reporter | Published: 26 August 2013
FBC Holdings Limited (FBCH) is developing a 72-cluster home project in Waterfalls as the financial services group plans to complete half of the units by year end, a company official has said. FBCH chi...
By Business reporter | Published: 26 August 2013
Zimbabwe's largest mortgage lender, CABS Building Society, said the construction of the Budiriro housing project is underway amid plans to roll out the housing scheme in October, a company official ha...
By Business reporter | Published: 26 August 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
