A DEAL in which Indian firm, Whinstone Enterprises, was set to pour in funding into Lancashire Steel in a joint venture arrangement, has crumbled after the firm failed to follow laid down Government p...
By Staff reporter | Published: 03 May 2019
Command Agriculture has seen Johanne Marange Apostolic Church in Manicaland venturing into a thriving fish farming project to boost nutrition, rural economic development and income generation. Speakin...
By Staff reporter | Published: 03 May 2019
Fast food giant, Nandos, today opens a new branch at Fife Avenue Shopping Centre in Harare. Yesterday, a publicist told The Herald that the company eyed to dominate the environs, buoyed by its saucy t...
By Staff reporter | Published: 03 May 2019
Government will float an infrastructure bond and turn to private-public partnership (PPPs) to raise funding amid revelation that at least US$14bn is required to rehabilitate Zimbabwe's infrastructure....
By Staff reporter | Published: 02 May 2019
KENYA'S leading bank in terms of market capitalisation and customer numbers Equity Group has announced that it has entered into an agreement with Pan-Africa-focused banking group Atlas Mara to acquire...
By Staff reporter | Published: 02 May 2019
ZIMRE Property Investments (ZPI) says it recorded a loss of $1,42 million during the year ended December 31, 2018, compared to a profit of $2,49 million in 2017 due to portfolio restructuring and redu...
By Staff reporter | Published: 02 May 2019
GENERAL Beltings (GB) has slipped back into the red after registering an operating loss of $323 000 in the year to December 2018 against a prior year operating profit of $6 000 due to high finance cos...
By Staff reporter | Published: 02 May 2019
ZB Financial Holdings says it has successfully mobilised offshore lines of credit to support the productive sector of the economy as the group increased its profit after tax by 54% to US$21,8 million ...
By Staff reporter | Published: 02 May 2019
Coal miner, Makomo Resources, says production in the first quarter of the year remained subdued, with output only reaching half of the company's target due to the unavailability of key raw materials."...
By Staff reporter | Published: 02 May 2019
Ecobank Transnational Incorporated (ETI) is targeting a return on equity of over 20% in the short term for its Central, Eastern and Southern African (CESA) banking segment and is overall satisfied wit...
By Staff reporter | Published: 02 May 2019
NMBZ Holdings has increased its portfolio of Treasury Bills (TBs) by 27,1% during the year to December 31,2018 to US$117,2m. In 2017, the group's TBs holding stood at US$92,2m.The financial results fr...
By Staff reporter | Published: 02 May 2019
The country's oldest financial institution, Standard Chartered Bank Zimbabwe (StanChart), is planning to strengthen its franchise by rolling out its first digital banking platform for its retail custo...
By Staff reporter | Published: 02 May 2019
THE National Railways of Zimbabwe (NRZ) has dismissed media reports suggesting that some of the parastatal's top managers were sabotaging the US$400 million recapitalisation project to save their jobs...
By Staff reporter | Published: 02 May 2019
Tea growers in Honde Valley are seeking assistance to buy equipment to speed up the pruning of their plants in preparation for the resumption of production in September. Honde Valley Tea Growers Assoc...
By Staff reporter | Published: 02 May 2019
GOVERNMENT is in the process of contracting more wheat farmers for the winter cropping season, an Agritex official has said. Manicaland Agritex Livestock and Crops officer Mr Cephas Mlambo said they w...
By Staff reporter | Published: 02 May 2019
The Ministry of Mines and Mining Development has dispatched the Gold Mobilisation National Taskforce to the country's eight mining provinces in a bid to shore up deliveries to state buyer, Fidelity Pr...
By Staff reporter | Published: 02 May 2019
CBZ Holdings Limited reported that its asset base grew to US$2,44 billion in the full year to December 2018 from US$2,1 billion in the previous year, making it one of the largest companies by asset si...
By Staff reporter | Published: 01 May 2019
ZB Financial Holdings says it has successfully mobilised offshore lines of credit to support the productive sector of the economy as the group increased its profit after tax by 54% to US$21,8 million ...
By Staff reporter | Published: 01 May 2019
ZIMRE Property Investments Limited (ZPI) says the restructuring of its portfolio led to a loss of US$1,42 million for the year ended December 31, 2018 from a profit after tax of US$2,48 million in the...
By Staff reporter | Published: 01 May 2019
Zimbabwe will this month host the inaugural Wines of South Africa (WoSA) Sommelier Cup Zimbabwe semi-finals in Victoria Falls, with the winner set to represent the country at the fourth grande finale ...
By Staff reporter | Published: 01 May 2019
THE Confederation of Zimbabwe Industries (CZI) says price hikes currently obtaining in the country are a reflection of government's anti-export policies and not the fault of industry.CZI president Sif...
By Staff reporter | Published: 01 May 2019
PICK N PAY's Zimbabwean subsidiary TM Supermarkets took a 6,3 percent drop in profits in the 52-week period to end of March as it adjusted to currency and exchange reforms. The South African headquart...
By Staff reporter | Published: 01 May 2019
LISTED mining group, RioZim, says it is set to kick start development of the proposed US$2 billion Sengwa Thermal Power Station project in Gokwe before the end of this year. In a statement accompanyin...
By Staff reporter | Published: 01 May 2019
CFI Holdings' divisions, Agrifoods and Victoria Foods, will next month go for a scheme of arrangement after their judicial managers, Grant Thornton, courted an investor, Dominion Trading, which inject...
By Staff reporter | Published: 01 May 2019
REGIONAL seed producer, Seed Co, has warned against buying uncertified seed, saying it has poor germination rate and results in low yields. Seed Co southern region manager, Mr Charles Munyoro, said fa...
By Staff reporter | Published: 01 May 2019
Zimbabwe sets deadline for company re-registration 
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 
Unifreight reports 231% revenue growth 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
