Liquid Telecom, Zimbabwe's largest internet company in terms of infrastructure, volume of traffic and customer base and a subsidiary of the Econet Wireless Group will purchase South Africa's Allied...
By Business reporter | Published: 10 June 2013
Investigations into possible share price manipulation by Imara Edwards (Imara) have reached an advanced stage, with results expected to be announced soon, an inside source has revealed. The investi...
By Business Reporter | Published: 10 June 2013
RESULTS of the safety standards audit which the International Air Transport Association is carrying out on Air Zimbabwe will be out by the end of February. Air Zimbabwe acting chief executive offic...
By Staff reporter | Published: 10 June 2013
New Dawn Mining reported consolidated gold production for the quarter ended December 31, 2012 of 9,069 ounces (8,440 ounces attributable to New Dawn, after adjusting for the minority interests' sha...
By Business reporter | Published: 10 June 2013
The Government has agreed to relinquish a 49 percent stake in People's Own Savings Bank (POSB) following approval of the restructuring and privatisation plan which will transform the bank into a com...
By Staff reporter | Published: 10 June 2013
Kingdom Bank is set to acquire the assets of Zimbabwean telecoms operator Spiritage, owned by former Econet Wireles Group executive Zachary Wazara, through a court order to settle unpaid loans worth...
By Staff reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe will pay out about US$26,5 million worth or the cash equivalent to acquire the remaining 55 percent ordinary shareholding in TN Bank Limited. Econet and TN did not reveal t...
By Business Reporter | Published: 10 June 2013
A Russian resources company hand entered the race for the acquisition of asbestos products manufacturer, Turnall Holdings.This move has raised the stakes in a bid that could see potential suitors ad...
By Business reporter | Published: 10 June 2013
EIGHT lucky shoppers on Saturday won a car each in the Bellevue Spar Silver Jubilee promotion.The draw was conducted at one of the group's supermarkets, Raj Spar at the Nkulumane Complex in Bulawayo...
By Staff reporter | Published: 10 June 2013
Air Zimbabwe said on Thursday it has leased two aircraft which it will deploy on regional routes in March this year as part of its revival plans.The national carrier resumed limited flights late la...
By Staff reporter | Published: 10 June 2013
CHISUMBANJE - The multimillion dollar ethanol project in Chisumbanje is set to re-open after villagers and the company agreed on a wide range of issues meant to avert social disaster in Chipinge.Agr...
By Staff Reporter | Published: 10 June 2013
Government recently approved restructuring proposals that will transform the shareholding structure in POSB and lead to the possible listing of the bank on the Zimbabwe Stock Exchange (ZSE), State E...
By Staff Reporter | Published: 10 June 2013
Delta publishes a trading update for the quarter ending December 31 2012 saying revenue for the quarter October to December is up 14% and 16% year to
date supported by improved mix and minimal pri...
By Business reporter | Published: 10 June 2013
Econet Wireless Zimbabwe (Econet)'s share price yesterday advanced 5,11 cents to close at 485,11 cents on the Zimbabwe Stock Exchange (ZSE) as the mobile network operator hit eight million subscribe...
By Business reporter | Published: 10 June 2013
The country's biggest shoe manufacturer, Bata Shoe Company, has been hit by a raw hides shortage which has seriously affected production at its Gweru factory.The shortage comes after suppliers incre...
By Business Correspondent | Published: 10 June 2013
New Dawn Mining announced an illegal and unprotected work stoppage at its Dalny Mine in Zimbabwe. The Company said it is currently dealing with this work stoppage in accordance with Zimbabwe la...
By Ndou Paul | Published: 10 June 2013
Gold production at Blanket Mine in Gwanda increased 27 percent to 45 623 ounces last year compared to 35 826oz during the same period in 2011.The gold mine, which is partly owned by Caledonia Mining...
By Business Reporter | Published: 10 June 2013
CLOSE to 800 disgruntled wives of RioZim's Renco Mine workers in Masvingo on Monday brought operations to a halt when they took to the streets demanding their husbands' annual bonuses and better wor...
By Masvingo Correspondent | Published: 10 June 2013
Econet Wireless Zimbabwe says it has invested over US$50 million in its mobile phone based money transfer service, EcoCash, creating more than 5 000 jobs. The mobile telecommunications company said...
By Business Reporter | Published: 10 June 2013
Econet customers will soon be able to buy the latest generation phones, known as smartphones, and tablets such as i-Pads on 24 month instalments following the creation of a special credit facility ...
By Business reporter | Published: 10 June 2013
The festive season once again saw a bumper rise in Econet subscribers with the company reporting that it has crossed the 8-million level for the first time, supported by the recent introduction of B...
By Business reporter | Published: 10 June 2013
Youth Development, Indigenisation and Empowerment Minister Saviour Kasukuwere is mounting pressure on foreign-owned banks to comply with the empowerment laws as no company will be spared from the in...
By Staff reporter | Published: 10 June 2013
Government has given Innscor Africa a seven-day ultimatum to submit a comprehensive indigenisation implementation plan after authorities adjudged that the group of companies was taking long to compl...
By Business reporter | Published: 10 June 2013
SECURITIES Commission of Zimbabwe (SECz) has opened a formal inquiry into possible share price manipulation by Imara Edwards (Imara) following a share price rally between October 2, 2012 and Novemb...
By Business reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe (Econet) has lashed out at banks for proposing amendments to government's banking reforms to include mobile money service providers, saying it was a selfish attempt by a cl...
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
