WORKERS in the banking sector are demanding a 60 percent salary increase and have given their employers a two-week ultimatum after which they will go on strike if their demands are not met.In a letter...
GOVERNMENT has expressed concern over dysfunctional mining assets under the Zimbabwe Mining Development Corporation (ZMDC) and has opened a public tender inviting investors to take over the mines.Mine...
Surface Wilmar Group Zimbabwe is set to acquire a 50 percent stake in the Cotton Company of Zimbabwe (Cottco) and has plans to immediately invest $100 million in the agro-industrial firm.Surface is a ...
The Broadcasting Authority of Zimbabwe (BAZ) is working on increasing radio and television service coverage from the current 55 percent to 80 percent countrywide under the premise of the digital migra...
SPLASH Paints and Plastics has invested in a state of art machinery valued at $3,5 million in line with the country's economic revival strategy, President Mnangagwa has said.Reading the speech on beha...
GOVERNMENT has raised concerns over lack of investment into exploration in mining amid palpable fears that without new mineral discoveries, the future of the sector was uncertain and unsustainable.Min...
NMB Bank has opened a sub-branch in Bindura to provide existing and potential customers in Mashonaland Central with ready access to its banking services and products. The sub-branch opened for busines...
Establishment work on the US$4.2 billion deal with Cyprus-based Karo Resources towards a platinum project in Zimbabwe is on schedule with the ground breaking ceremony for the venture expected end of n...
Aviation authorities in the country have been applauded for granting fifth freedom rights to RwandAir following the airlines flight route that connects Kigali and Capetown via Harare.The Zimbabwe Tour...
NMB Bank was named as one of the top 200 brands in the Marketers' Association of Zimbabwe Superbrands selection process at an event held at the Crowne Plaza Hotel last Friday (May 18).The top 200 bran...
A high level conference on the role of trade credit insurance in promoting and supporting increased trade will be held on June 8 at Cresta Lodge in Harare.The conference, which has been organised by t...
Insurance and Pension Commission (Ipec) commissioner Tendai Karonga has resigned after falling out with the regulator's board.This comes, just over a year after he took over from Marnet Mpofu who left...
State-owned mobile operator NetOne is close to securing the release of the $71 million loan facility from China Exim Bank to construct and upgrade base stations countrywide.Speaking at the sidelines o...
A NUMBER of financial institutions in Zimbabwe have discontinued manual real-time gross settlement (RTGS) payments, as they go paperless, banking on increasing their efficiencies.Some of these banks i...
OLD Mutual Limited has established dividend access trusts in Malawi, Namibia and Zimbabwe following the restructuring of the Old Mutual plc group of companies.The managed separation process will see t...
Workers in the banking sector have issued a two-week ultimatum to their employers demanding a 60% salary increase or they will embark on a strike.The workers, represented by the Zimbabwe Banks and All...
CALEDONIA Mining Corporation says it has shelved plans to raise capital for its expansion projects at Blanket Mine through rights issue as funds to support such initiatives are coming through the Expo...
BULAWAYO-based clothing firm, Archer Clothing, has increased its workforce by 66,6 percent to 1 000 workers from 600 last year on the back of improved production.Managing director, Mr Jeremy Youmans, ...
THE Chamber of Mines of Zimbabwe (CoMZ) has projected the mining sector to grow by 10 percent this year, on the back of an 8,5 percent expansion last year, driven by improved mineral production and pr...
Zimbabwe Broadcasting Corporation (ZBC) will introduce a range of new channels after the completion of digital migration.The channels will bring variety to ZBC's viewers after years of just watching o...
Zimbabwe is set to take the investment attraction campaign to Toronto, Canada, where a symposium is scheduled for this June.This comes as the country requires an estimated $11 billion in the next five...
Banks are focusing on increasing the uptake of financial products by women through reviewing lending terms and conditions for opening bank accounts.Information released at a women excel conference ind...
Dairiboard Holdings Limited (DHL) has announced the appointment of Josphat Sachikonye as its new chairperson, effective last Wednesday.He takes over from former Reserve Bank of Zimbabwe (RBZ) governor...
Basking in Zimbabwe's northern Zambezi Valley, the Nile crocodile, Africa's largest freshwater predator, is at ease in this hot and humid habitat.Less comfortable, however, are the reptile farmers of ...
Cypriot investor Karo Resources wants to use some of the output from its planned $4.2 billion platinum project in Zimbabwe to make catalytic converters for capping emissions in diesel cars, the mines ...