Profits for the Zimbabwe Stock Exchange-listed entity Hippo Valley Estates for the year to March 31, 2018 jumped 42 percent to $11 million compared with $7,7 million reported in the prior year despite...
Speech by Old Mutual Zimbabwe Group CEO and rest of Africa CEO - Mr Jonas MushoshoThank you, Director of Ceremonies,The Minister of Finance and Economic Development Hon. Patrick ChinamasaOld Mutual Z...
Old Mutual Zimbabwe has relisted on the Zimbabwe Stock Exchange (ZSE) as a part of a broader group strategy to focus its business in Africa.Yesterday, Old Mutual Plc's shares were suspended from the U...
A CHINHOYI-BASED gold mine, Eldorado Mine recently successfully obtained a court order compelling the Zimbabwe Electricity Transmission and Distributing Company (ZEDTC) to disconnect power supply to i...
THE National Railways of Zimbabwe (NRZ) is currently negotiating with some partners in the shipping line, with a view to signing more service level agreements to boost business, an official has said.L...
About 75 delegates from five tobacco-growing countries converge in Harare today to discuss challenges and threats facing the sector.The delegates will be drawn from Zimbabwe, Malawi, South Africa, Tan...
TOBACCO sales have recorded a 28,3 percent increase so far, raking in $592,3 million compared to $461,6 million earned during the same period last year.Latest data from the Tobacco Industry and Market...
Government is working with the Reserve Bank of Zimbabwe (RBZ) and other relevant bodies to ensure the country's banking sector is in a position to play key intermediary roles in the recovery of the ec...
Zimre Holdings Limited (ZHL) says conversion of proceeds from sale of Zimre Centre in Harare towards construction of the Victoria Falls Sawanga Mall, will enhance revenue growth for the firm in the fi...
The Government has stepped up marketing efforts in the United Kingdom (UK) as a way to regain the tourism market in that country, a Cabinet Minister has said. Since the ushering in of a ne...
President Emmerson Mnangagwa has officially opened the Zimbabwe Women's Microfinance Bank (ZWMB), promising to soon announce comprehensive strategies to alleviate cash shortages in the economy.During ...
The Fifa 2018 World Cup tournament has been a boon for the uptake of Kwesé iflix, Econet Media's recently launched video-on-demand service, which offers top sports and entertainment content on mobile...
ZIMBABWE is set to launch its second leather industry strategy next month, which is expected to boost production in the region, a Common Market for Eastern and Southern Africa (Comesa) official has sa...
THE Zimbabwe National Chamber of Commerce (ZNCC) says enterprise development should be a major component of education in schools for the country to produce learners that would add value to the economy...
MULTICHOICE Zimbabwe is looking for aspiring film directors, sound engineers, and scriptwriters to enter the MultiChoice Talent Factory (MTF) which offers them a chance to gain theoretical knowledge a...
Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully issuing the third and final tranche of $2 million on the Financial Securities Ex...
A complicated shareholding structure in Zimre Holdings Limited's regional subsidiaries is stalling the group's move to consolidate all of its operations in new offshore company, Emeritus International...
The Insurance and Pensions Commission (IPEC) is targeting insurance penetration to reach 7 percent by 2022 compared to the current 4,7 percent on the back of an anticipated economic growth. Zimbabwe r...
Scores of passengers were left stranded at Robert Gabriel Mugabe International Airport yesterday morning after an Air Zimbabwe flight to Bulawayo took to the skies two hours earlier than scheduled.The...
THE TSL Limited Group posted a 517,14% increase in profit after tax to $9,77 million for the six months ended April 30, 2018 on the back of satisfactory agricultural results.The increase was from the ...
Civil Aviation Authority of Zimbabwe's acting general manager, Tawanda Gusha has said Turkish Airlines has not made any formal communication with Zimbabwe to establish flights between Harare and Turke...
GENERAL Beltings, the leading manufacturer of conveyor and other belts, says its performance in the first quarter of 2018 was deeply subdued as the Industry, Commerce and Enterprise Development minist...
TWO of the country's biggest milling companies, National Foods Limited and Blue Ribbon Foods, have resorted to using reserve stocks of wheat due to severe shortages on the market, Standardbusiness has...
THE Directors Protection Council of Zimbabwe (DPCZ) has completed the process of compiling the list of companies with Non-Performing Loans (NPLs) for absorption by the Zimbabwe Asset Management Compan...
SONDELANI Ranching has launched its $2 million state-of-the-art tomato processing plant for the production of tomato paste in Bulawayo.Turning Matabeleland Green co-director Reverend Patson Netha said...