Econet Wireless has reportedly blocked agent lines for some of its clients over alleged hoarding and selling of cash. Affected Econet agents who spoke to The Herald in Kwekwe and Gweru said they were ...
By Staff reporter | Published: 11 June 2018
Listed clothing retailer Edgars Stores Limited's turnover for the first quarter to April 2018 grew 37 percent from the comparable prior year and was 10 percent above budget. After-tax profit was howev...
By Staff reporter | Published: 11 June 2018
BARCLAYS Bank Zimbabwe has given the Zimbabwe Farmers' Union (ZFU) $70 000 for the "Fit for Life" programme, which aims to contribute to financial inclusion and food security, up-skill, educate and im...
By Staff reporter | Published: 10 June 2018
THE production of hatching eggs in Zimbabwe is projected to remain depressed until the last quarter of this year, necessitating the continued high dependence on imports to satisfy demand for day-old c...
By Staff reporter | Published: 10 June 2018
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has defended the central bank's decision to ban cryptocurrency transactions and accused a local dealer of exposing the country, money-laundering, ...
By Staff reporter | Published: 10 June 2018
MOBILE telecommunications giant NetOne is set to secure a $71 million loan facility from China Exim Bank for the upgrading of its infrastructure within the next three months, an official said.NetOne c...
By Staff reporter | Published: 10 June 2018
Government will soon announce new tariffs for the mobile telecommunications sector, and plans are underway to begin imposing hefty fines on industry players that offer substandard services such as dro...
By Staff reporter | Published: 10 June 2018
Government is expected to save $100 million through substituting a significant portion of wheat imports as it forecasts to produce between 180 000 metric tonnes (MT) and 200 000 (MT), which is half th...
By Staff reporter | Published: 10 June 2018
GOLD production continues to surge in the country after hitting 10,1 tonnes in the first four months of the year, which is already higher than the 9,9 tonnes achieved in the first half of last year.In...
By Staff reporter | Published: 10 June 2018
Econet Wireless Zimbabwe (EWZ), the country's largest telecom and technology company, has completed the installation of a solar power system at its head office in Msasa, Harare.The 99.9KW solar system...
By Staff reporter | Published: 10 June 2018
THE High Court has ordered the Sheriff to attach and take into execution movable goods worth US$1,5 million belonging to Meikles Limited, together with interest of 5% per annum, after the latter faile...
By Staff reporter | Published: 08 June 2018
As the implementation of the $98 million National Broadband Project nears completion, TelOne is changing all the area codes and modifying telephone numbers countrywide.The area codes have been reduced...
By Staff reporter | Published: 08 June 2018
PRESIDENT Emmerson Mnangagwa's crony Lucas Pouroulis, whose company, Karo Resources, recently signed a controversial US$4,2 billion platinum deal with government, has grabbed mineral claims stretching...
By Staff reporter | Published: 08 June 2018
Obscure South African company Nkosikhona Holdings, which recently signed a staggering US$5,2 billion deal with government to turn coal into liquid fuel, cashed in on the Lisulu coal deposits in Hwange...
By Staff reporter | Published: 08 June 2018
Sable Chemicals chairperson Shingai Mutasa says his company has the capacity to meet the country's ammonium nitrate requirements at affordable prices if the government provides it with adequate foreig...
By Staff reporter | Published: 08 June 2018
ZSE entity Seed Co has received an expression of interest for the acquisition of its 40 percent in Quton's Tanzania and Malawi based operations that have earmarked for disposal, chief executive office...
By Staff reporter | Published: 08 June 2018
Art Corporation's profit after tax rose to US$3,2 million in the half year to 31 March 2018 from US$1,2 million thanks to strong performance in its battery division and other units.The group's revenue...
By Staff reporter | Published: 08 June 2018
THE sprawling suburb of Sakubva in Mutare and Nyanga township will be a hive of activity today and tomorrow when the Postal and Telecommunications and Regulatory Authority of Zimbabwe (Potraz) host a ...
By Staff reporter | Published: 08 June 2018
PANIC has gripped workers at Edgars Stores Limited after their employer reportedly indicated plans to lay off about 90 of them in Bulawayo as part of a restructuring exercise.Management at the giant c...
By Staff reporter | Published: 08 June 2018
STANBIC Bank Zimbabwe has invested $164 million over the past 12 months to fund the working capital needs of the mining industry at a time the economy is battling foreign currency supply gaps.The figu...
By Staff reporter | Published: 08 June 2018
Infrastructure Development Bank of Zimbabwe (IDBZ) has converted $85,7 million worth of programmes at concept stage into bankable projects during the financial year 2017. This comes as the financial s...
By Staff reporter | Published: 08 June 2018
Government is introducing Command Mining for Zimbabweans to fully participate in the exploitation of the country's mineral resources while contributing to economic development, Vice President Constant...
By Staff reporter | Published: 08 June 2018
Sable Chemical Industries is set to start production of ammonium nitrate solution for use in the production of explosives as the country seeks to boost the mining industry. In an address during his to...
By Staff reporter | Published: 08 June 2018
ZIMBABWE Consolidated Diamond Company excelled at this year's Manicaland Zimbabwe National Chamber of Commerce business awards ceremony held last Friday at a local hotel after they walked away with th...
By Staff reporter | Published: 08 June 2018
Ethiopia, Africa's second most populous country and the continent's fastest growing economy, is inviting big business to cash in.For so long a closed shop, the Horn of Africa nation on Tuesday invited...
By Bloomberg | Published: 07 June 2018
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Malema slams racist white judge 
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
