Zimbabwe Stock Exchange-listed agricultural concern Ariston Holdings is slowly emerging out of the woods after the company posted a $28 500 profit in the half year to March 31, 2018 compared to a $2 m...
The troubled Hwange Colliery Company Limited managing director Stenjwa Thomas Makore has resigned following a spate of accusation of corruption allegedly involving him.According to a statement by the ...
OLD Mutual Private Equity (OMPE) has announced it acquired a 50% interest in South African healthcare firm Medhold Group Proprietary Limited (Medhold) for a yet undisclosed amount, pending approval by...
AT least 229 employees of the now-defunct Gweru- based ferro-chrome producers, ZimAlloys (Pvt) Ltd, have approached the High Court seeking a court order to institute legal proceedings against their pa...
Oil processing companies are in negotiations with Government for them to buy soya beans at import parity price of $400 per tonne in a bid to maintain the price of cooking oil and other related product...
NMB Bank Zimbabwe operating income rose 53 percent to $19,2 million for the four months to April 30, 2018 driven by growth in interest and non-interest income. Chief executive Benefit Washaya told sha...
STEWARD Bank has partnered with Net Guardian fraud monitoring experts for banks worldwide, to implement a fraud monitoring system to ensure security of transactions, in the wake of increased card clon...
Mining firms in Zimbabwe are not opposed to proposals to list their stock on the Zimbabwe Stock Exchange (ZSE), but have stayed away because the bourse is currently 'too thin' to mobilise the kind of ...
Zimbabwe is lagging in terms of technology after the country only made a paltry 28 patent applications, latest data from the United Nations has shown.The patent applications made by people living in ...
The Zimbabwe is open for business mantra has opened economic avenues for the country and to buttress this, the Office of the President and Cabinet (OPC) through its Special Advisor Ambassador Christop...
The president of the MDC Alliance Advocate Nelson Chamisa has criticised the Mnangagwa's command agriculture programme saying his government will do away with the scheme and adopt new technologies of ...
AFRICA has always been the continent of the brave and one brave producer is looking to bring back the golden era of Zimbabwe wines, after years of the country being in a depression.The verdant Winelan...
Like ducks to water, Zimbabwean retail banks are embracing technology to the point of doing away with paper transactions in their banking halls.This week, CABS became the latest institution to ditch p...
Chinese national Yat Hoi Ning, who is accused of ripping off a mining company listed in London of US$2,76 million, has scored a lucrative deal from the South African government.In September last year,...
HWANGE Colliery Company Limited (HCCL)'s suspended managing director Thomas Makore has reportedly opened negotiations for an exit package after the board shelved plans for him to face disciplinary act...
ZIMBABWE'S chrome ore production increased six fold to 139 562,34 tonnes in the first four months of the year compared to 18 701,70 tonnes produced during the same period last year, official figures s...
THE National Railways of Zimbabwe (NRZ) is now paying its workers 90 percent of their full salaries up from 50 percent in recent months driven by improved business operational efficiency.The parastata...
PLASTIC pipes and fittings manufacturer, Proplastics Limited had a strong performance in the first four months of the year to April 2018 with revenue coming out 86 percent ahead of same period last ye...
Zimbabwe Stock Exchange listed packaging company Nampak Zimbabwe (Nampak) remains troubled by a $9,3 million short-term borrowings relating to a facility owed to parent Nampak International Holdings.A...
CRYPTOCURRENCY exchange giant, Bitfinance (Private) Limited, which was last week banned from operating in Zimbabwe, will now resume its business with the blessings of the High Court.High Court judge J...
RioZim Limited intends to sell majority shareholding to an investor who wins its tender to construct an ambilion thermal power station in Sengwa, Gokwe North, according to company sources. ZSE listed ...
ECONET Wireless Zimbabwe (Private) Limited, the parent company of EcoCash and Steward Bank, advised its customers and the transacting public on Tuesday that the Swipe into EcoCash service was availabl...
Another bruising battle is looming at Telecel Zimbabwe (Private) Limited (Telecel) as company chairman James Makamba has furtively sought to eject one of his Empowerment Corporation (EC) partners and ...
TELECOMMUNICATION companies have been urged to come up with ways to mitigate declining revenue caused by increased use of over-the-top (OTT) voice applications, which have resulted in voice and data t...
THE Zimbabwe Iron and Steel Company (Zisco) Debt Assumption Bill is now awaiting presidential assent after being approved by the Senate last week.Finance Minister Patrick Chinamasa indicated that gove...