Standard Chartered Bank today announced the official launch of its digital bank in Côte d'Ivoire. This marks the Bank's first digital bank in Africa and the first-of-its-kind to open in Côte d'Ivoir...
Great Dyke Investments (GDI) is planning to invest $400m to construct a precious metals mine and smelter as part of the Darwendale platinum deposit project in Zimbabwe.The investment will be directed ...
Fast moving consumer goods firm PRObrands has through its Prodairy Unit acquired Revive juice which shut shop in 2016 and the company has since resumed production with the juices already commanding 15...
SEVERAL mining companies have applied to be exempted from paying the 2018 minimum wage increment for the sector agreed by the Chamber of Mines and the Associated Mineworkers' Union of Zimbabwe (Amwuz)...
PPC Zimbabwe says it will leverage on an enhanced export incentive which the company has been granted by the Reserve Bank of Zimbabwe to break even and resume exports in the face of high costs of prod...
LEADING mortgage lender Central African Building Society (CABS) says it has invested in excess of US$6 million in Pumula South and Nkulumane housing stands with the combined uptake, including the Budi...
President Emmerson Mnangagwa visited a tractor and parts plant on Tuesday to highlight the role of manufacturing in reviving the economy, and followed up on his State of the nation message of strength...
Zimbabwe has attracted around $300 million in its coal industry that will quadruple production next year versus 2017, its mining minister told an investment conference in London on Thursday.The countr...
MBCA Zimbabwe this week changed its name to Nedbank Zimbabwe after the registrar of companies approved the change of its corporate identity as part of efforts to spur growth.The Nedbank Group is the f...
DAIRIBOARD Holdings says it is pursuing a number of initiatives to increase output and consolidate profitability riding on positive gains achieved in 2017.In full year financial results for the period...
AFRICAN Sun Limited has recorded a 19 percent growth in revenue to $51,83 million for the year ended December 31, 2017, spurred by a jump in occupancy levels.The international market recorded the high...
Innscor Africa Limited lost 2% or $6 268 952 in revenue during the group's six months ended December 31, 2017, period due to the avian influenza epidemic that affected its Irvine's subsidiary.However,...
CBZ Holdings recorded a 16,8% jump in net earnings to $27,8 million in the full year ending December 31, driven by the growth in net non-interest income. In the comparable year, profit-after-tax was $...
With improved investment interest into the country in recent months, the mining industry remains one of the most sort-after sectors earmarked to speed the country's economic revival, but stalling in t...
The High Court has granted an interdict against Lafarge Holcim Cement Zimbabwe barring the company from mining lime on a piece of land in-PFura Rural District in Mashonaland Central. This follows an a...
The proposed acquisition of ZimAlloys' 70 percent shareholding by Balasore Alloys of India is hanging in the balance amid revelations that the Bombay Stock Exchange listed company has failed to meet t...
The ownership of mobile network operator Telecel Zimbabwe continues to hang in limbo amid indication a fresh and potentially bruising legal battle is now brewing within the company after businessman D...
Government is set to introduce a raft of measures to rationalise fuel prices while fighting against cash challenges through ongoing engagements with several countries, Special Advisor to the Presidenc...
KENYA Airways has entered into a partnership with the Zimbabwe Tourism Authority (ZTA) to boost arrivals into Zimbabwe.ZTA said last week it had agreed with one of Africa's largest airlines to bring t...
LOW cost airline, fastjet, said last week it had achieved 93 percent on-time landing and takeoff rate in February, a significant improvement from 91 percent the previous month.Fastjet regional marketi...
ANGOLAN Airlines (TAAG) has resumed flights between Harare and Luanda about one month after President Emmerson Mnangagwa appealed to the southern African country to reconsider its decision to pull out...
Aggressiveness could be the key strategy for Zimbabwean telecom and media company Econet Wireless, whose Kwese pay television platform is offering free Facebook access and a subscription package for c...
CHROME ore volumes rose by 92 percent to 122 010 metric tonnes (mt) last year, from 63 394 mt in 2016, statistics from the Minerals Marketing Corporation of Zimbabwe (MMCZ) show.MMCZ did not say...
THE Insurance and Pensions Commission (IPEC) has rejected calls for a fund to cater for accident victims.Mooted by government in 2016 after it emerged that an accident occurs every 15 minutes and five...
THE founder and CEO of a Manchester-based consumer technology and security company, VST Enterprises, has been named as the new Science and Technology Ambassador to the Zimbabwean Government.The ambas...