Econet Group subsidiary Liquid Telecom has appointed three global banks to begin a process of listing the company on a major European Exchange. Leading publication TMT Finance, which tracks potential ...
Mines and Mining Development Minister Winston Chitando yesterday said the land that has been allocated to Karo Resources - which intends to roll-out a $4,2 billion platinum mining project in the Mhond...
NMBZ Holdings' profit before taxation for the year ended 31 December 2017 was $13 017 690. Profit after tax was $9 938 826, an increase of 96 percent over last year's after-tax figure of $5 058 166.It...
Naspers NPNJn.J is cutting its stake in lucrative Chinese investment Tencent 0700.HK by as much as 2 percent in a deal that could net the South African media and e-commerce group up to $11 billion.Nas...
DHL Aviation, a division of DHL Express responsible for providing air transport capacity, is upgrading its services to Harare. On Friday 23 March German logistics firm DHL will upgrade its Harare serv...
Karo Resources, a company linked to mining entrepreneur Loucas Pouroulis, will spend $4.2 billion on a Zimbabwean platinum project in the first big investment since President Robert Mugabe's ousting i...
THE 2018 tobacco marketing season officially opened yesterday at the Tobacco Sales Floor, with a starting price of $4,90 per kilogramme, up from last year's $4,60 per kg.Although the opening price was...
NATIONAL Foods Holdings Limited board chairman, Todd Moyo, has expressed concern over the Grain Marketing Board's (GMB) participation in the local commercial maize meal market.National Foods last week...
ZAMBIAN oil crushers are said to be pushing their government to ban soya bean exports to cushion themselves from tightening supplies, according to a report by Zimbabwe's Stockfeeds Manufacturers Assoc...
BOUYED by record gold production and political changes in Zimbabwe, Canadian gold mining firm, Caledonia Mining, appears eager to raise at least $4 million and buy back a stake previously ceded to ind...
Scorees of travellers were left stranded at the Robert Gabriel Mugabe International Airport after an Air Zimbabwe flight destined for Johannesburg failed to take off yesterday morning.Air Zimbabwe's m...
THE Association for Business in Zimbabwe (ABUZ) has implored Government to facilitate direct engagement between international financial institutions and local companies to avoid red tape, which they s...
SIMBISA Brands Limited's shareholders yesterday unanimously gave directors the green light to acquire a 50 percent stake in global family owned and run food and beverages company Foodfund and at the s...
GOVERNMENT will soon introduce mineral specific desks as well as a special desk on artisanal and small-scale mining within the ministry of Mines and Mining Development as part of efforts to re-organis...
GAIN Cash and Carry is fast gaining a significant share of Zimbabwe's wholesale market, which was traditionally dominated by giants such as Mahomed Mussa. The company says its rapid penetration of the...
Zimbabwe's largest banking group by assets and deposits, CBZ Holdings Limited says repayment of loans by small to medium enterprises has been encouraging at 95 percent. This has prompted the financial...
CHINESE investor, Zhang Li, who is president of R&FA is in Zimbabwe to finalise the implementation of a $1 billion resuscitation of the Zimbabwe Iron and Steel Company (Ziscosteel), Southern Eye h...
TEXTILE company, Merlin, says it is still engaging foreign investors who have expressed interest to invest $30 million into the company and is confident that the transaction will succeed.The company's...
Postal and courier volumes dipped by 9,3% in the fourth quarter of 2017 to 1 860 747 from the previous quarter, as the domestic postal unit took a battering from e-substitution.In the previous quarter...
Lithium. It's a magic word these days, a headline catcher which will see Zimbabwe play a major international role producing material for tens of millions of batteries for electric cars which will, wit...
ECONET'S Cassava Fintech group chief executive officer Darlington Mandivenga says its mobile insurance service, EcoSure, will in time eclipse EcoCash's current success.Last week, the Postal and Teleco...
SOME banks in Bulawayo have completely stopped accepting foreign payment telegraphic transfers submitted by companies, making life unbearable for the companies in the city, Association for Business in...
GOLD deliveries marginally declined in February to 2,01 tonnes compared to 2,6 tonnes delivered in January, mainly because of rains that hit most parts of the country.Zimbabwe has been experiencing ra...
GOVERNMENT yesterday pledged more access to Internet by Zimbabweans, including those living in marginalised communities. Addressing a World Summit on Information Society (WSIS) underway in Geneva, Swi...
The Insurance and Pensions Commission (Ipec) has issued a stern warning saying all insurance companies should engage actuaries for key validation on their activities or face serious consequences. The ...