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...
By Staff reporter | Published: 03 April 2018
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...
By Staff reporter | Published: 03 April 2018
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...
By Staff reporter | Published: 03 April 2018
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 ...
By Staff reporter | Published: 03 April 2018
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...
By Staff reporter | Published: 03 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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 ...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 02 April 2018
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...
By Staff reporter | Published: 01 April 2018
Zimbabwe seeks a seven-fold growth in tourism export earnings - as much as $7 billion by 2030 - to be achieved through effective marketing, product development and facilitation and access, a strategy ...
By Staff reporter | Published: 01 April 2018
The government owned Sabi Gold Mine is projecting a 58 percent rise in production this year following the injection of fresh capital by a new investor.The injection of fresh capital in the mine by a n...
By Staff rpeorter | Published: 01 April 2018
PHARMACEUTICALS manufacturing firm, MedTech Holdings, has warned of a looming drugs shortage after it failed to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) to import critical medic...
By Staff reporter | Published: 31 March 2018
NMBZ Holdings says it will maintain its listing on the London Stock Exchange (LSE) because it is one of its biggest platforms for raising cash.NMBZ is listed on the Zimbabwe Stock Exchange and the LSE...
By Staff reporter | Published: 31 March 2018
STANBIC Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive set of results for the year ended December 2017 headlined by a profit after tax of $27.6 million,...
By Staff reporter | Published: 30 March 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
