TRANSPORT and Logistics concern, Unifreight Africa Limited's chairman Peter Annesley says the company is going to limit foreign borrowings to minimise offshore liabilities in light of the exchange rat...
By Staff reporter | Published: 04 October 2019
THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...
By Staff reporter | Published: 04 October 2019
A brand new talent search series, Old Mutual Amazing Voices, will be introduced on DStv in January with participants drawn from four countries including Zimbabwe set to compete for a US$100 000 prize ...
By Staff reporter | Published: 04 October 2019
GOVERNMENT has called on the private sector to come on board and help increase investment in the energy sector to buttress attainment of an upper middle-income economy by 2030, which will require abou...
By Staff reporter | Published: 04 October 2019
The tough talk by Energy and Power Development Minister Fortune Chasi to appoint a new Zimbabwe Electricity Supply Authority (ZESA) board is a noble idea because the country has been battling acute el...
By Beaven Dhliwayo | Published: 04 October 2019
Local Industries claim they are yet to realise the benefits of the recently introduced interbank foreign currency market, as they continue to struggle accessing hard currency. The interbank market was...
By Staff reporter | Published: 04 October 2019
THE Zimbabwe Electricity Distribution Company (ZETDC)'s customers will from today be able to buy electricity tokens. This follows a short interruption of the system by the power utility for scheduled ...
By Staff reporter | Published: 04 October 2019
THE monetary system the world over, including in Zimbabwe, over has undergone a sea of change in the past century. From barter trade, a world without money, there have been many other means of exchang...
By Staff reporter | Published: 04 October 2019
INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...
By Staff reporter | Published: 04 October 2019
The Reserve Bank of Zimbabwe (RBZ) has today brought back the on cash-in, cash-out and cash-back facilities attached with stringent rules.In a statement, the RBZ advised payment system providers...
By Staff reporter | Published: 02 October 2019
The Insurance and Pensions Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confi...
By Staff reporter | Published: 02 October 2019
The ZSE closed 0.9% higher after moderate gains in Econet and Innscor offset losses in Cassava and Delta. The session yielded ten gainers and ten fallers, with mid-tier stocks featuring prominently am...
By Staff reporter | Published: 02 October 2019
Zimbabwe's raw milk production in the first 8 months to August rose 10% to 52.51 million litres from 47.84 million litres recorded in the same period last year. However, the output is still 56% below ...
By Staff reporter | Published: 02 October 2019
Gold production at Eureka Mine in Guruve is expected to resume within the next 18 months with refurbishment and rehabilitation work progressing well.At its peak , Eureka Gold Mine was the country's pr...
By Staff reporter | Published: 02 October 2019
Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...
By Staff reporter | Published: 02 October 2019
THE Public Service Commission (PSC) has extended the biometric authentication project and mop-up exercise to October 31, 2019 as Government presses ahead with reforms to restore order in the civil ser...
By Staff reporter | Published: 01 October 2019
Government is working on various policies to ensure sustainable electricity supply in the long-term after securing a deal from Mozambique's Hydroelectrica de Cahora Bassa (HCB) of Mozambique for the s...
By Staff reporter | Published: 01 October 2019
GOVERNMENT has stopped construction of what was supposed to be late former President Robert Mugabe's mausoleum at the National Heroes Acre two days after he was buried at his rural Zvimba home, NewZim...
By Staff reporter | Published: 01 October 2019
COAL miner, Makomo Resources, has reported a 27 percent drop in production for the first nine months of 2019, attributed to procurement gaps as a result of a shortage of foreign currency. The Hwange-b...
By Staff reporter | Published: 01 October 2019
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
By New Ziana | Published: 01 October 2019
THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Further, the ...
By Staff reporter | Published: 01 October 2019
Zimbabwe's poverty datum line has increased by a further 13 percent for the month of August to more than 1 800 dollars resulting in continued deteriorating purchasing power for the majority.The povert...
By Staff reporter | Published: 01 October 2019
ZIMBABWE'S largest financial services group CBZ Holdings Limited recorded a 301% increase in profit-after-tax to ZWL$137,4 million in the six months ended June 30, 2019 from a comparative 2018 of ZWL$...
By Staff reporter | Published: 01 October 2019
FINANCIAL Services giant ABC Holdings Limited has conceded that currency reforms are yet to yield results as the country continues to witness heavy devaluation of the local currency and hyperinflation...
By Staff reporter | Published: 01 October 2019
CALEDONIA Mining Corporation (Caledonia) says its unsecured $4 million overdraft facility in Zimbabwe has remained undrawn."The company currently has no plans to raise equity. Blanket has an unsecured...
By Staff reporter | Published: 01 October 2019
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
