ZIMBABWE Stock Exchange-listed miner RioZim expects to start exploration for diamonds this month on its 3 000-hectare piece of land in Chivi, as the group eyes expansion. Chief executive Bhekinkosi Nk...
While Zimbabwe's leadership change has sparked a race for the nation's mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach.New President...
Singapore - Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott US Holdings, who’s been involved in the mar...
TOURISM minister Prisca Mupfumira recently approached British Airways (BA) regarding the possibility of direct flights between London and Harare but was turned down by the UK flag carrier, it has emer...
THE revival of the National Railways of Zimbabwe (NRZ) is expected to help Hwange Colliery Company Limited overcome the high costs of transporting coal by road, the company said in its results ending ...
STANBIC Bank Zimbabwe has exceeded $1 billion deposits in the financial year ended December 31, 2017.The bank's customers are, however, struggling to settle foreign payments as a result of foreign cur...
ZIMBABWE Stock Exchange listed transport and logistics company Unifreight Africa posted before tax profit of $2,1 million from continuing operations in the year to December 31, 2017. This profit repre...
LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency constraints that are hampering most business oper...
ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the development of the Victoria Falls and Bulawayo projects.In ...
Zimbabwe Stock Exchange-listed resources group, RioZim, says its gold and diamond production significantly went up last year despite struggling to get its foreign currency earnings from the central ba...
THE People's Own Savings Bank (POSB) posted a profit of $11.3 million for the year ended December 31, 2017 up from $9.6 the previous year.Board chairperson, Mrs Mathilda Dzumbunu, said the posit...
Youth, Sport, Arts and Recreation Minister Raymond Kazembe has said Government will engage stakeholders with the view of upgrading Peak Mine Stadium in Shurugwi to meet international standards.Peak Mi...
LISTED mining group, RioZim Limited is exploring various ways to upgrade its Empress Nickel Refinery (ENR) as the plant is a strategic asset with potential to contribute significantly to the economy.R...
FBC Financial Holdings has reported a 13 percent growth in total income to $105 million while profit before tax rose by 14 percent to $29.3 million in the year 2017 from $25.7 million recorded in the ...
THE Zimbabwe Tourism Authority (ZTA) has intensified efforts to unlock more meetings and conferences for the country by reinforcing engagements with different associations.The tourism body acknowledge...
THE Zimbabwe Tourism Authority (ZTA) will begin a blitz on unregistered tourism operators, as it moves to restore order in the tourism sector.In January, government issued a moratorium for unregistere...
Listed brick-making firm, Willdale Limited's sales volumes during the first five months of the financial year 2018 were 13 percent above same period in the prior year and 1 percent above budget on fir...
AGRIBANK has set aside a minimum of $105 million for the 2018-2019 cropping season, which would be extended to farmers on the basis of collateral and 99-year leases.It becomes the first bank to announ...
Government on Thursday launched a five- year Trade Facilitation Roadmap which seeks to simplify, harmonise and modernise export and import processes, among other things.The road-map, which will be imp...
The Cotton Company of Zimbabwe has called on Government to reinstate its monopoly on cotton marketing in order to ensure its viability and combat side marketing of the produce. In an interview recentl...
GOVERNMENT is in the process of establishing a citrus plantation at Manyuchi Dam in Mberengwa as one of the anchor projects aimed at producing export quality horticultural products, a senior Governmen...
BANKERS' Association of Zimbabwe (BAZ) president Charity Jinya absolved banks of any wrongdoing for putting individuals or companies on the externalisers' list, as the concerned parties had ample time...
ZIMBABWE is splashing millions of dollars importing soil for making bricks, a situation which further puts pressure on the country's dwindling foreign currency reserves, Confederation of Zimbabwe Indu...
Banks have admitted to bungling by delaying to acquit CD1 forms on behalf of their clients to the Reserve Bank of Zimbabwe, a situation that has seen some companies being implicated of externalising f...
THE call by the Government to create an investor friendly environment has had a huge impact on the tourism sector which is recording a high number of foreign visitors to the country.The Hospitality As...