FBC Holdings (FBCH) says it will reintroduce share buy-backs this year following an amendment to the Banking Act that lifted restrictions on the practice.Speaking at an analysts briefing last week, gr...
By Staff reporter | Published: 05 April 2018
FINANCIAL services behemoth, Old Mutual (OM) says the value of its listed equity investments has so far this year fallen by 11,5 percent due to self-correction on the domestic bourse which experienced...
By Staff reporter | Published: 05 April 2018
ZIMBABWE-FOCUSED gold miner, Caledonia, says it anticipates an increase in income during the current financial year, driven by a 7,5 percentage point increase in export incentives paid to gold miners ...
By Staff reporter | Published: 05 April 2018
DUAL-LISTED financial services group, NMBZ Holdings, increased portfolio of Treasury Bills (TBs) by 273 percent during the year to December 31, 2017.Financial results from the Zimbabwe Stock Exchange-...
By Staff reporter | Published: 05 April 2018
GOLD and lithium developer Prospect Resources has cemented an agreement with Hong Kong-listed Sinomine Resources Exploration, which will see the development of the Arcadia lithium project, in Zimbabwe...
By Staff reporter | Published: 05 April 2018
A TOP United States magazine, Business Insider, has listed Victoria Falls as Africa's only must visit destination this April.The resort town, which harbours one of the world's seven wonders, was named...
By Staff reporter | Published: 05 April 2018
NATIONAL airline, Air Zimbabwe's operations have been crippled following the breakdown of eight of its planes, leaving only two servicing all its routes leading to delays and postponement of flights.A...
By Staff reporter | Published: 05 April 2018
State-owned logistics firm Road Motor Services (RMS) has invited interested investors to submit financial proposals to lease and develop approximately 10 000 square metres of cargo handling and storag...
By Staff reporter | Published: 05 April 2018
Cotton farmers are against the Cotton Company of Zimbabwe's current push to have its monopoly on cotton marketing restored, saying this will grossly be prejudicial.Farmers want the current arrangement...
By Staff reporter | Published: 05 April 2018
ZIMBABWEAN platinum producer Mimosa Mining Company, has abolished the post of executive chairman previously held by Mr Winston Chitando, who left the mining concern to join Government as Mines and Min...
By Staff reporter | Published: 05 April 2018
TORONTO Stock Exchange listed miner, Caledonia Mining Corporation, anticipates a $5,1 million boost in income for its local gold mining unit, Blanket Mine, for the year to December 31, 2018, after the...
By Staff reporter | Published: 05 April 2018
Thousands of the affected workers are pensioners, who are owed more than $30 000 each in terminal benefits by the company.Part of the order served on one of the tenants read: "An order for eviction of...
By Staff reporter | Published: 05 April 2018
Mashonaland Tobacco Company is targeting a 10 million kilogramme haul of tobacco during the current marketing season at it has recorded a 50 percent increase of growers from the 2016-2017 season. The ...
By Staff reporter | Published: 05 April 2018
NON performing loans (NPLs) at agricultural lender, Agribank, declined to 13,8 percent during the year ended December 31, 2017, after ending at 21,1 percent during the prior comparable period in 2016,...
By Staff reporter | Published: 04 April 2018
The country's diamond production is on a rebound after government-owned Zimbabwe Consolidated Diamond Corporation (ZCDC) produced 751,000 carats of the precious gems in the first quarter of this year ...
By Staff reporter | Published: 04 April 2018
IN 2016, World Economic Forum Geneva founder and executive chairman, Klaus Schwab, said the world is undergoing the "Fourth Revolution", a technological change poised to fundamentally alter the way we...
By Staff reporter | Published: 04 April 2018
LAFARGE Cement Zimbabwe Limited posted a loss of $609 589 for the year ended December 31, 2017, on the back of an increase of costs and expenses.In a statement accompanying the financial results relea...
By Staff reporter | Published: 04 April 2018
Limited has proposed selling its glass division, and says it is facing an unnamed new entrant in the South African beverage can market.The packaging group's share price fell as much as 4.6 percent to ...
By Business Day | Published: 04 April 2018
BARCLAYS has agreed to pay $2 billion for allegedly causing billions of dollars of losses to investors by engaging in a fraudulent scheme to sell residential mortgage-backed securities between 2005 an...
By Reuters | Published: 04 April 2018
ZIMBABWE'S tobacco exports have declined by 35.4 percent to 25.3 million kilogrammes in the first quarter of 2017 against 39.2 million kg exported in the comparable period last year.According to the T...
By Staff reporter | Published: 04 April 2018
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...
By Staff reporter | Published: 04 April 2018
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...
By Bloomberg | Published: 03 April 2018
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...
By Bloomberg | Published: 03 April 2018
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...
By Staff reporter | Published: 03 April 2018
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 ...
By Staff reporter | Published: 03 April 2018
ZCTU implores govt to review US$150 minimum wage 
DRC bans US dollar cash payments 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Zimbabwe's currency is undervalued by nearly half 
Zimbabwe moves to crack down on proxy mining deals 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
