GOVERNMENT has ordered Falcon Gold Mining Company in Shurugwi and other mining concerns within its proximity to immediately cease operations as a safety measure following the collapse of Wanderer Mine...
By Staff reporter | Published: 11 January 2019
ART Corporation is looking to allocate US$3 million for capital expenditure this year as it aims to manufacture 50 000 batteries whilst strengthening its export position in the regional market.In full...
By Staff reporter | Published: 11 January 2019
DELTA Corporation says it faced the gloomy prospect of halting all its business operations this month owing to a crippling foreign currency shortage that has paralysed the economy.To cushion itself fr...
By Staff reporter | Published: 11 January 2019
TOURIST arrivals to Zimbabwe increased 4% in the nine months to September 2018 to 1,8 million from 1,7 million in the corresponding period the previous year as international perceptions of the country...
By Staff reporter | Published: 11 January 2019
MEDITERANNEAN Shipping Company (MSC) SA (Zimbabwe) Pvt Ltd has threatened to block the release of containers for Zimbabwean importers over their failure to remit in excess of US$9,1 million in shippin...
By Staff reporter | Published: 11 January 2019
GOVERNMENT is reconsidering the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation project to be jointly undertaken by the South African rail, port and pipeline company, Transnet and ...
By Staff reporter | Published: 11 January 2019
The Insurance and Pensions Commission (Ipec), is closely monitoring three under-capitalised life assurance firms - Evolution Life, Heritage and Fidelity Life - after the assurers closed the third quar...
By Staff reporter | Published: 08 January 2019
ZIMBABWE'S life assurance industry recorded 68 % decline in after tax profits to $314,85 million in the nine months to September 2018 compared to $979,27 million during the same period in 2017, the in...
By Staff reporter | Published: 08 January 2019
THE National Railways of Zimbabwe (NRZ) has projected to increase its freight by 25,6 percent this year buoyed by the anticipated improved business and recapitalisation efforts.NRZ public relations ma...
By Staff reporter | Published: 06 January 2019
Government has moved in to secure 30 000 metric tonnes of wheat worth $12,2 million with a 20 percent down payment following threats by an international supplier to cut off the deal citing Harare's de...
By Staff reporter | Published: 06 January 2019
Zimbabwe's gold deliveries to Fidelity Printers and Refiners reached 33.2 tonnes in 2018 worth over $1 billion in export receipts, the highest ever since 1980 as the country starts rebuilding reserves...
By Staff reporter | Published: 04 January 2019
CABS is merging its Greendale and Chisipite branches with effect from February 25 as a way of enhancing its digitalisation efforts.In a statement, the bank which boasts of more than 50 branches across...
By Staff reporter | Published: 02 January 2019
Government has rolled out the new amendments to the Microfinance Act.This comes as government sought to create credit and collateral registries as well as encourage consolidation among small businesse...
By Staff reporter | Published: 02 January 2019
AGRICULTURAL concern Ariston Holdings posted an after tax profit of $2,8 million in the full year to September from a loss position of $1,7 million in the prior year, on the back of cost-cutting measu...
By Staff reporter | Published: 01 January 2019
Some artisanal miners are feared dead after a mine shaft they were working in in Shurugwi collapsed at the weekend. The incident occurred on Saturday afternoon at Wonderer Mine, one of the oldest mine...
By staff reporter | Published: 01 January 2019
FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has approved the unbundling of non-core assets set for listing on the Zimbabwe Stock Exchange (ZSE). In a renewal of cautionary statement to shareh...
By Staff reporter | Published: 01 January 2019
Property developers are demanding payment in US dollars for residential stands or houses in a development that might further exclude ordinary people from owning houses. The development flies in the fa...
By Staff reporter | Published: 01 January 2019
DIVERSIFIED manufacturer, Zimplow Holdings Limited, has appointed Mr Vimbayi Nyakudya as the new group chief executive officer replacing Mr Mark Hulett. In a statement yesterday the company advised sh...
By Staff reporter | Published: 01 January 2019
THE Zimbabwe Parks and Wildlife Management Authority (Zimparks) is considering a downward review of its service charges for locals in an effort to promote domestic tourism in 2019. Zimparks public rel...
By Staff reporter | Published: 01 January 2019
THE $400 million National Railways of Zimbabwe (NRZ) recapitalisation deal is still on track with six financiers having shown interest to release close to $1 billion to fund the project. In 2017, NRZ ...
By Staff reporter | Published: 01 January 2019
The Hospitality Association of Zimbabwe (HAZ) is satisfied with the way the Government promoted domestic and international tourism in 2018 and will leverage on that plinth to maximize tourism receipts...
By Staff reporter | Published: 01 January 2019
The Hospitality Association of Zimbabwe (HAZ) says prospects are bright for the tourism sector if Government improves connectivity of tourist centres by air. Further, HAZ called on the Government to p...
By Staff reporter | Published: 01 January 2019
ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...
By Staff reporter | Published: 31 December 2018
Air Zimbabwe yesterday grounded Mbuya Nehanda, a Boeing 737-200ER, for mandatory maintenance expected to last over a month. The airline has largely been operating two serviceable aircraft and whenever...
By Staff reporter | Published: 31 December 2018
Zimbabwe's energy import bill has dropped to about $1,2 million monthly from at least $48 million as efforts to invest in local electricity generation to underpin the envisaged economic growth begin t...
By Staff reporter | Published: 30 December 2018
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
