STANDARD Chartered Bank Zimbabwe is committed to supporting the revival of industries in Bulawayo and will continue facilitating the development and growth of the economy, the bank's chairman, Mr Sa...
By Business reporter | Published: 10 June 2013
South Africa's Standard Bank wants to keep a majority stake in its Zimbabwean unit, its new joint chief executive said on Thursday, despite Harare's demand to hand control to local blacks.Zimbabwe i...
By Business reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe is to extend its footprint into South Africa, with plans to open a new shop in Johannesburg to serve its Zimbabwean clients, BusinessDay reported.Econet's first shop in Sout...
By Staff reporter | Published: 10 June 2013
ALEX Mhembere, CEO of Impala Platinum's (Implats') unit in Zimbabwe says Zimplats will not abandon its operations in the country despite the fresh waves of uncertainty the company is facing.Mhember...
By miningmx | Published: 10 June 2013
Standard Chartered Bank has added a second branch in Bulawayo with officials saying the financial institution is playing its role in the industrial revival of the city. The bank plans to invest $10...
By Staff reporter | Published: 10 June 2013
PPC Zimbabwe, the country's largest cement producer, says it has secured US$200 million to build a second plant in Mount Darwin. Chief executive Mr Zak Limbada said drilling was in full swing and wo...
By Business Reporter | Published: 10 June 2013
At least 1 500 low-income earners are set to benefit from residential stands that will be launched by the Allied Bank in conjunction with the Zimbabwe Amalgamated Housing Assocation in Norton on Sat...
By Business Reporter | Published: 10 June 2013
GOVERNMENT is working on new regulations that will force mining companies to add value to their minerals before export. Failure to heed the new orders will attract high royalty fees. Mines and Minin...
By Staff Reporter | Published: 10 June 2013
Impala Platinum Holdings Limited says it will engage its lawyers on the recent compulsory acquisition of 28 000 hectares of Zimplats platinum reserves by the government of Zimbabwe.In a statement is...
By Business reporter | Published: 10 June 2013
AIR ZIMBABWE board chairman Ozias Bvute says the national airline will resume international flights to London in July this year after beefing up its fleet as part of its turnaround strategy.Bvute m...
By Business reporter | Published: 10 June 2013
Truworths is projecting single digit growth in sales this year while collection of receivables has improved vastly after the company beefed up the debt collection team, group CEO Themba Ndebele to...
By Business reporter | Published: 10 June 2013
A Cyprus-based firm has expressed interest in setting up a $4 billion platinum mine following government's repossession of huge mining ground previously held by the country's top mining company. Kar...
By Staff reporter | Published: 10 June 2013
FINANCIAL analysts Renaissance Capital have projected Innscor Africa Limited's revenue to increase by 8 percent to US$345 million in the first six months of its financial period to December 31, 2012...
By Business Reporter | Published: 10 June 2013
The new board chairman for Econet Wireless Zimbabwe, James Myers, has described the company as a world-class operation that can stand "toe to toe" with operations from anywhere in the world.The vete...
By Staff reporter | Published: 10 June 2013
THE Reserve Bank of Zimbabwe (RBZ) has cancelled the registration of Barbican Bank after it failed to commence banking business within the required time frame, the apex bank said on Friday.In a not...
By Business reporter | Published: 10 June 2013
Government is expected to announce reduced mining fees and levies this month, The Sunday Mail Business has established. Negotiations between Government, the Zimbabwe Chamber of Mines and the Zimbabw...
By Staff reporter | Published: 10 June 2013
Zimplats has been given 30 days to appeal a government directive that miner give up nearly 28ha of land believed to contain significant mineral claims, reported Business Day.Nearly 28ha of land leas...
By Business reporter | Published: 10 June 2013
Government has finalised the repossession of the 28 000 hectares of ZIMPLATS reserves following the gazetting of General Notice 123 of 2013 giving effect to the compulsory acquisition of the plat...
By Staff reporter | Published: 10 June 2013
The Supreme Court has upheld a decision by an arbitrator ordering Gold Driven Investments to pay US$16,4 million to TelOne in settlement of a debt accrued in some tobacco selling deals between the p...
By Business reporter | Published: 10 June 2013
INGWEBU Breweries is set to re-open most of its beer outlets closed at the height of economic challenges as it completes the leasing of facilities under a franchise model.In an interview, Ingwebu Br...
By Staff Reporter | Published: 10 June 2013
Government's mining arm, the Zimbabwe Mining Development Corporation (ZMDC) says it has intensified the search for a strategic partner for the resuscitation of Shabanie Mashava Mine (SMM).The para...
By Staff Reporter | Published: 10 June 2013
Financial services group Vunani is positioning itself to spread its operations across the southern African continent, a message that came through an acquisition in Zimbabwe.The JSE-listed Vunani ann...
By Business reporter | Published: 10 June 2013
CBZH is expecting another good year in F13 with total income growth of 10% and further growth in assets of 19.5% on the back of diversified income and increased credit lines, CEO John Mangudya told...
By Business reporter | Published: 10 June 2013
CBZ HOLDINGS has posted yet another solid set of financial results in the full year to December 31, 2012, as profit after tax vaulted 48,4 percent to US$45 million, compared with US$30,3 million ove...
By Business reporter | Published: 10 June 2013
The government has approved the disposal of a 49% stake in Agribank, paving the way for private investors to inject fresh capital.In a move expected to result in Agribank increasing its capital leve...
By Business reporter | Published: 10 June 2013
NetOne CEO granted US$500 bail in fraud case 
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 
Wheat records first ZMX trade at US$400/tonne 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
