Zimbabwe's liquidity challenges are set to persist until after the country's July 30 polls with financial institutions heavily exposed to political risks, an international think tank has said. Fitch G...
The acquisition of the Eureka Gold Mine by global mining group, Vast Resources' was an "exceptionally cheap acquisition", according to a United Kingdom-based independent research company, Equity Devel...
ZANU-PF youths in Marondera have ordered Proton Bakeries to employ at least 100 party supporters.This was revealed by provincial youth executive member Ozin Chitani at a rally in Marondera on Wednesda...
BULAWAYO-BASED mining company, Blythdale Mining Services, has approached the High Court seeking an order compelling Kwekwe-based Sheafta Mining to reimburse it for equipment which the latter failed to...
Zimbabwe's sugar production is projected to increase by 17% to 460 000 metric tonnes in the 2018/19 season, mainly due to higher volumes of better quality sugarcane available for crushingDepartment of...
CAAZ cracks whip on FlyAfricaThe Civil Aviation Authority of Zimbabwe (CAAZ) has given Fly Africa 90 days to sort out its operating status or risk revocation of their licence, documents at hand sugges...
Herbert Nkala has retired as chairman of African Sun Limited after more than three years at the helm, with the hospitality group expected to announce his successor in the coming days.Speaking at Afric...
Property concern Dawn Properties Limited revenue for the five months to May 2018, increased 27 percent to $2,2 million compared to same period last year. Property income from hotels and timeshares was...
Original owner of Arlington Estate, Portland Holdings (Private) Limited, now PPC Zimbabwe, has written a letter to the Local Government ministry demanding a reversal of the acquisition of the property...
OLD Mutual Limited shares closed at 450 cents on Tuesday, the stock's first day of trading on the Zimbabwe Stock Exchange (ZSE).Trading in the stock, which represents a relisting of Old Mutual plc fol...
Insurance and Pension Commission head of prudential services Pupurai Togarepi has left the organisation to pursue a career in politics.The Zanu PF national youth chairperson, who has vast knowledge an...
Shares in African budget airline Fastjet collapsed on Wednesday after warning it could go bust unless it obtains new funding.The airline, set up by easyJet founder Sir Stelios Haji-Ioannou, flies in s...
BULAWAYO-BASED milling company, Buntu Foods Private Limited, said it was seeking $90 000 for equipment and raw material purchases.The company's operations director, Godfree Ndlovu-Mgumba, told NewsDay...
The African Development Bank (AfDB) mission in Zimbabwe is here for business as the country is critical for the institution, the bank's top official said yesterday.Abdu Mukhtar, director of Industrial...
OLD Mutual Zimbabwe Limited group chief executive officer Jonas Mushosho said the parent company will begin to unlock value now that its primary listing was moved to the Johannesburg Stock Exchange (J...
ORGANISERS of the Zimbabwe International Film Festival Trust (ZIFFT) said the Smartphone Short Film Competition, launched two months ago, have unearthed rich untapped filmmaking talent among youths fr...
BANCABC parent, Atlas Mara, has increased its stake in a Nigerian bank to 49%, as it seeks to cement its foothold in Africa's largest economy.In a notice on Tuesday, Atlas Mara said it has agreed to a...
National Railways of Zimbabwe has been dragged to court by a former employee who is seeking $40 000 in outstanding retirement benefits.George Tshabangu filed his application for summary judgment at th...
Zimbabwe will treble gold output to 100 tonnes in 12 years on the back of recapitalisation in the gold sector, the Chamber of Mines has said.Gold output is projected at 30 tonnes this year after the i...
THE country's leading manufacturer of conveyor belts - General Beltings Holdings' revenue for the five months to May 2018 grew 23 percent on increased volumes across board.In a trading update volumes ...
GIANT agro-processor United Refineries Limited (URL) has adopted food fortification as part of its long term business model in keeping with the country's nutrition policy and global trends.Food forti...
Zimbabwe's gold production is on an upward trend with 2.2 tonnes coming from small-scale miners whilst 1.2 tonnes coming from large-scale miners to give a total output of 3.4 tonnes for the month of M...
Construction firms are on collision course with workers, who are threatening to strike and take legal action over a wage hike. The workers accuse the employers of reneging on an agreement reached in...
SUGAR manufacturing giant Tongaat Hulett's Hippo Valley Estates has reported an eight percent revenue decrease to $137 million in the full-year period to 31 March 2018 compared to $148,5 million in th...
ASSETS in the life insurance industry have grown by 68 percent to $2, 52 billion in the past four years to 2017 on the back of a bull run experienced last year.Figures from the Insurance and Pension C...