BULAWAYO City Council (BCC) undertaking Ingwebu Breweries has recorded a strong performance for the year ended 2012 with traditional beer volume growth of 16% despite fierce competition in the cut-thr...
By Business reporter | Published: 12 August 2013
MARANGE Resources has obtained permission from the High Court to proceed with its US$2 billion lawsuit against Core Mining Resources and Minerals for financial prejudice after the latter allegedly mis...
By Staff reporter | Published: 10 August 2013
THE standoff between Zimbabwe's largest mobile phone operators has finally come to an end.Calls can now be made between the two networks after Postal and Telecommunications Regulatory Authority of Zim...
By Business reporter | Published: 09 August 2013
Struggling telecoms company Valley Technologies has been put under provisional liquidation following a High Court application by one of its creditors, DHL International Zimbabwe. According to the appl...
By Business reporter | Published: 09 August 2013
THE standoff between Zimbabwe's largest mobile phone operators has continued a few days after the country's telecoms regulator renewed Telecel's licence after the mobile phone operator submitted a pl...
By Business reporter | Published: 09 August 2013
CBZ Holdings after tax profits for the half year to June 30 2013
declined by 13 percent to $16 million weighed down by a two-fold
increase in the charge for impairment and interest expense. The char...
By Business Reporter | Published: 09 August 2013
The Consumer Council of Zimbabwe has commended the Government and the Postal and Telecommunications Regulatory Authority of Zimbabwe for addressing the issue of the licensing of Telecel Zimbabwe.Telec...
By Business reporter | Published: 08 August 2013
STEWARD Bank, which was until recently a subsidiary of Lifestyle Holdings, will move out of Lifestyle Holdings premises by end of this year. Sources close to the developments indicated last week that ...
By Business reporter | Published: 08 August 2013
AFRICAN Banking Corporation Group says its interims for six months to June this year will be solid despite a US$10 million impairment in respect of a contingent liability."Shareholders are advised th...
By Business reporter | Published: 08 August 2013
TEL-ONE has commissioned its fibre optic transmission link between Bulawayo and Victoria Falls in what will be a major boost for the tourist resort ahead of co-hosting the United Nations World Tourism...
By Business reporter | Published: 08 August 2013
Tunis-Headquartered, pan-African financial services group Alios Finance is set to enter the Zimbabwean market during the first quarter of next year, a company official has said. Alios Finance Zambia a...
By Business reporter | Published: 08 August 2013
Banking group NMBZ Holdings says the US$16 million it obtained from three foreign banks during the first quarter of the year has enabled it to double the size of the bank and strengthened its ability ...
By Business reporter | Published: 08 August 2013
THE Securities Commission of Zimbabwe (SECZ) has ordered brokerage firms intending to sell shares held by defunct, suspended or struggling stockbroking firms to seek approval from the capital markets...
By Business reporter | Published: 08 August 2013
CIMAS,the country's oldest and largest medical aid company, says its members grew by eight percent to 191,000 for the year ending December 2012.The company attributed the membership boost to the retur...
By Business reporter | Published: 07 August 2013
Zimbabwe Stock Exchange-listed mining firm, Riozim, will make annual savings of nearly US$4 million once its new oxygen plant is commissioned.The company which is currently in the process of implement...
By Business reporter | Published: 07 August 2013
Zimbabwe's platinum production was depressed in the half-year to June 2013, increasing by a marginal two percent to 6,6 tonnes from 6,4 tonnes in prior comparable period.According to the latest Chambe...
By Business reporter | Published: 07 August 2013
Johannesburg - AngloGold Ashanti, the world's third-largest bullion producer, plans to cut about 2 000 management jobs, or about 40% of its management positions, to reduce costs chief executive Sriniv...
By Reuters | Published: 07 August 2013
RioZim half year to June 30 2013 revenue grew by 83% over the comparative period last year on the back of ENR revenue growth of 204%. Growth in ENR revenue was largely due to the change in the busine...
By Business reporter | Published: 07 August 2013
The shareholders of ABCH are advised that notwithstanding a huge impairment in respect of the contingent liability that was disclosed in the 2012 annual report, the group expects to release results f...
By ABC | Published: 07 August 2013
The banking sector has reportedly been hit by panic withdrawals. Sources said anxiety had gripped the public following uncertainty surrounding the outcome of the just-ended general elections. "There h...
By Business reporter | Published: 07 August 2013
FREDA Rebecca Gold Mine, a subsidiary Mwana Africa Plc, recorded a 37 percent increase in gold output in the full year to March 2013. According to Mwana Africa, Freda Rebecca had since grown to become...
By Business reporter | Published: 07 August 2013
Zimbabwe fixed line operator TelOne announced its plans to launch high speed broadband services in Victoria Falls tomorrow, ahead of the United Nations (UN) World Tourism Organisation General Assembly...
By Business reporter | Published: 06 August 2013
Top executives in Zimbabwe's telecoms industry have just advised that mobile license renewal talks between Telecel, POTRAZ and the ministry of Transport, Telecommunications and Infrastructural Develop...
By Business reporter | Published: 06 August 2013
Air Zimbabwe has increased flights to Victoria Falls ahead of the United Nations World Tourism Organisation (UNWTO) General Assembly to be held later this month.After August was declared a UNWTO month...
By Business reporter | Published: 06 August 2013
ANOTHER dispute has erupted at Dunlop Zimbabwe (Pvt) Ltd after the company slashed salaries of middle management in compensation of the lost time during a three-week strike which hit the tyre manufact...
By Business reporter | Published: 06 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
