Bikita Minerals is currently assaying rock samples for high-grade lithium concentrate (spodumene) reserves, which, if confirmed, will help turn the mine into a big money spinner.The world's sole comme...
By Staff reporter | Published: 28 March 2018
THE country's leading financial institution, CBZ Bank, has grown its overall loan book to about $941 million as it continues to support different sectors of the economy, an official has said.Speaking ...
By Staff reporter | Published: 28 March 2018
POWERTEL, a wholly-owned technological wing of Zesa Holdings, has launched its services in Kariba as part of its 100-day rapid results initiative target.The company's marketing manager Prosper Mutswir...
By Staff reporter | Published: 28 March 2018
SHURUGWI-based Golden Quarries Gold Mine, a subsidiary of Falcon Gold, has resumed operations after having its water and electricity reconnected following Government intervention.The mine stopped oper...
By Staff reporter | Published: 28 March 2018
TSL group chief executive officer Washington Matsaira, is leaving the agro-focused conglomerate after six years of steering the ship. The announcement was made yesterday by board chairperson Antony Ma...
By Staff reporter | Published: 28 March 2018
Parliament's Transport and Infrastructural Development portfolio committee has slammed the Civil Aviation Authority of Zimbabwe (Caaz) board, saying it comprises people without aviation knowledge and ...
By Staff reporter | Published: 27 March 2018
So bad has the financial and operational rot ravaging Air Zimbabwe become, that the flag carrier can now barely manage to ferry its domestic and international passengers - who are increasingly endurin...
By Staff reporter | Published: 27 March 2018
Integrated financial services group, Old Mutual Zimbabwe Limited (OM) said its profit after tax went up 139 percent to $219 million in the full year to December 31, 2017 from $91,8 million due to impr...
By Staff reporter | Published: 27 March 2018
Diversified financial services group, Zimre Holdings Limited, has entered into a deal with TM/Pick n Pay that will see one of the country's leading retailers becoming an anchor tenant in the insurance...
By Staff reporter | Published: 27 March 2018
BIKITA Minerals plans to increase petalite production by 74 percent by the end of the year from an average of 46 000 tonnes annually on the back of the company's $10 million recapitalisation project.P...
By Staff reporter | Published: 27 March 2018
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) is presently working on a $250 million project to build mobile phone towers at under-served areas in the country, a Cabinet ...
By Staff reporter | Published: 27 March 2018
THE Shurugwi Town Council has sued Unki Mines and arbitrator, Ahmed Ebrahim over an arbitration award compelling the local authority to grant ownership of a piece of land outside council's jurisdictio...
By Staff reporter | Published: 27 March 2018
Cooking oil manufacturer, Willowton Group is set to put up a new $20 million crushing plant at its operations in Mutare as part of expansion plans intended to strengthen its market presence in the cou...
By Staff reporter | Published: 27 March 2018
Zimbabwe, home to the world's second-largest reserves of platinum group metals, will ensure there's clarity over mining policy as the southern African nation seeks to attract investment, according to ...
By Bloomberg | Published: 26 March 2018
THE People's Own Savings Bank (POSB) says it is targeting to increase its depositors to one million before the end of this year as part of its five-year strategic plan.Addressing chief executives from...
By Staff reporter | Published: 26 March 2018
PARLIAMENT's Budget Office says banks have reduced lending to the private sector, choosing instead to de-risk by investing in secure Government instruments such as Treasury Bills.Increased lending to ...
By Staff reporter | Published: 26 March 2018
First Mutual Properties, a subsidiary of First Mutual Holdings, posted reduced revenues for the year ended December 31, 2017 as the sector suffered from increased voids and downward reviews on rentals...
By Staff reporter | Published: 26 March 2018
ZSE-listed coal miner Hwange Colliery Company Ltd (HCCL) should consider utilising the Nacala Logistics Corridor, from which it can accrue significant benefits from the wider coal beneficiation value ...
By Staff reporter | Published: 26 March 2018
Coal production at the country's largest coal miner Makomo Resources has plunged as much as 36 percent since the beginning of the year as activity dropped due to a serious shortage of foreign currency...
By Staff reporter | Published: 26 March 2018
While it is rare to see a grown up man crying in front of people he doesn't even know, there was no holding back of tears for the majority of ex-Shabanie Mashava Mines workers (SMM) as they narrated s...
By Staff reporter | Published: 25 March 2018
Nedbank Zimbabwe (formerly MBCA Bank) says the changeover will be twinned with a mix of "agility" and "responsiveness" to market needs, as it mounts a new plan to improve competitiveness.Managing dire...
By Staff reporter | Published: 25 March 2018
Crocodile skins and meat producer, Padenga Holdings, yesterday reported a 53 percent increase in profit after tax for the year ended December 31, 2017, buoyed by firming prices.The group reported a pr...
By Staff reporter | Published: 25 March 2018
THE Confederation of Zimbabwe Retailers (CZR) says continued foreign currency shortage is dampening efforts to revive the local industry despite various import substitution interventions implemented b...
By Staff reporter | Published: 25 March 2018
UMZINGWANE Dairy Co-operative Society Limited in Matabeleland South Province is working on increasing both its dairy herd and milk production densities as it forges ahead to ensure the viability of it...
By Staff reporter | Published: 25 March 2018
A FIRMER United States dollar has dampened Portland Pretoria Cement Zimbabwe (PPCZ)'s prospects of penetrating potential lucrative regional markets, an official said.PPC Zimbabwe managing director Mr ...
By Staff reporter | Published: 25 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
