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...
By Reuters | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Staff reporter | Published: 22 March 2018
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...
By Independent Foreign Service | Published: 21 March 2018
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...
By Staff reporter | Published: 21 March 2018
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...
By Staff reporter | Published: 21 March 2018
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...
By Staff reporter | Published: 21 March 2018
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...
By Staff reporter | Published: 21 March 2018
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 ...
By Staff reporter | Published: 21 March 2018
Great Dyke Investments (GDI) says it will invest $400 million to build a precious metals mine and smelter at its Darwendale Project near Harare. The investment is the first stage of a total investment...
By Staff reporter | Published: 21 March 2018
Parliament yesterday heard how heavily armed police officers numbering about 200, in mafia style, stormed the Mbada Diamond fields in Marange and looted gems worth millions of dollars before they brok...
By Staff reporter | Published: 20 March 2018
The total number of active mobile subscription increased by 2,1 percent to 14 092 104 million for the year to December 31, 2017 from 13 799 648 million recorded during the previous quarter, according ...
By Staff reporter | Published: 20 March 2018
Mliswa flees to South Africa? 
South African ambassador falls to death from Paris hotel room 
India dumps US Treasury bills 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
