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
Judicial manager for Harare's popular joint - Hotel Elizabeth - Shepherd Nhondova has called for a second creditors' meeting scheduled for March 28 as the process to place it under judicial management...
By Staff reporter | Published: 20 March 2018
CHINA Export and Import Bank (China EximBank) will next month avail the first drawdown of the $1.1 billion funding required to kick start work on the Hwange Thermal Power Station extension project.The...
By Staff reporter | Published: 20 March 2018
A NEW 30-room hotel will open its doors in Bulawayo soon and is set to create 40 direct jobs.Players in the tourism sector and city business persons on Saturday conducted a pre-opening tour of Derby H...
By Staff reporter | Published: 20 March 2018
Nedbank Zimbabwe will pursue more cashless options such as internet banking and increasing point-of-sale (POS) machines, in an effort to reduce the demand for physical cash, an executive said yesterda...
By Staff reporter | Published: 20 March 2018
Zimbabwe's second largest mobile operator by subscribers NetOne grew its data market share by 6,5 percent in the last quarter of 2017, the latest Postal and Telecommunications Regulatory Authority (Po...
By Staff reporter | Published: 20 March 2018
Nedbank Zimbabwe, a unit of South Africa's Nedbank group will not be venturing into housing development like other local financial institutions but will rather focus on providing financial instruments...
By Staff reporter | Published: 20 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
