The Reserve Bank of Zimbabwe (RBZ) is set to resolve the increasing foreign currency allocation challenge that has hit local retailers and suppliers who for a long time have been failing to secure sto...
By Staff reporter | Published: 07 September 2017
Listed financial services group, Fidelity Life Assurance Company, is in the eye of a storm after failing to honour its side of the bargain to purchasers, who bought residential stands at its South Vie...
By Staff reporter | Published: 07 September 2017
KADOMA Paper Mills (KPM) is experiencing capacity constraints with one machine that can only meet 54% of the 700-tonne demand for tissue paper in Zimbabwe and having to import waste paper.As a result ...
By Staff reporter | Published: 07 September 2017
FIRST Mutual Holdings Limited (FMHL) says it has found a buyer for its 19,8 percent stake in hotel concern, Rainbow Tourism Group (RTG), from which it has been seeking to exit for the past two years.T...
By Staff reporter | Published: 07 September 2017
CHALLENGES faced by retailers in securing foreign currency to import products, especially commodities local industry is not able to produce, have resulted in sporadic price increases that have put pre...
By Staff reporter | Published: 07 September 2017
Zimbabwe's retail sector is reeling from foreign payment delays with some claiming they will soon be retrenching as sales have been waning on the back of payment delays. RBZ governor John Mangudya and...
By Staff reporter | Published: 07 September 2017
Government has clandestinely brought back auditor general, Mildred Chiri, who was unceremoniously dismissed from her job in July, triggering a furore from the legislators. Chiri said that she was back...
By Staff reporter | Published: 07 September 2017
PRESIDENT Robert Mugabe will today meet business leaders to discuss the country's economic emergency, just as retailers warned his government this week of imminent food shortages caused by a worsening...
By Staff reporter | Published: 07 September 2017
NON-EXPORTING depositors have no right to demand foreign currency from local banks because they are not generating any, Barclays Bank of Zimbabwe (Barclays) chief executive officer, George Guvamatanga...
By Staff reporter | Published: 07 September 2017
GOVERNMENT is yet to locate a site for the construction of a $300 million platinum refinery, set to be established under a joint venture arrangement between an Australian partner and the Zimbabwe Mini...
By Staff reporter | Published: 07 September 2017
Local millers need a whopping $22 million dollars to implement the government directed food fortification programme which they argue needs specialized people and laboratories to achieve the intended r...
By Staff reporter | Published: 07 September 2017
The wheels have come off Chinamasa's mystic wagon, the unorthodox attempt to get around fundamental rules and principles of economics have failed, his cosmetic fiscal tactics are finally exposed as we...
By Jacob Mafume PDP Spokesperson | Published: 06 September 2017
THE Zimbabwe Stock Exchange (ZSE) market capitalization yesterday hit an all-time high, reaching $7, 114 billion in total market capitalisation as both indices rallied to their highest levels since do...
By Staff reporter | Published: 06 September 2017
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has started mobilising $35 million needed to finance the first phase of constructing student accommodation at State universities.The total cost ...
By Staff reporter | Published: 06 September 2017
ZIMBABWE's largest gold producer, Metallon, has restructured the business by collapsing the group structure into independent mining units with separate executive management and boards, as part of eff...
By Staff reporter | Published: 06 September 2017
LOCAL seed manufacturer, Agriseeds, owned by South Africa's ZAD Investment Limited, intends to avail new seed varieties for pastures to complement Government's Command Livestock Programme,...
By Staff reporter | Published: 06 September 2017
Zimtrade is seeking ways of reducing a trade deficit of $1.2 billion recorded in the first seven months of this year by engaging exporters and looking for ways of boosting productivity in critical sec...
By Staff reporter | Published: 06 September 2017
In January, a photograph appeared in Zimbabwe's media showing Vice President Emmerson Mnangagwa enjoying drinks with a friend. In his hand was a large novelty mug emblazoned with the words: "I'M THE ...
By Joe Brock and Ed Cropley | Published: 06 September 2017
INDUSTRIALSThe Industrial Index extended the bullish trend gaining 11.84 points (4.72%) to close at 262.91 points. OLD MUTUAL (OML.zw) advanced by $0.1157 to trade at $4.7091, PADENGA (PHL.zw) added $...
By zse | Published: 06 September 2017
Sanity could soon return to the country's largest opposition party as the quarrelling parties - MDC leader Morgan Tsvangirai and his deputy, Thokozani Khupe - signalled their desire yesterday to smoke...
By Staff reporter | Published: 06 September 2017
Platinum production in Zimbabwe decreased to 105 000 ounces in the second quarter of this year, a 13 percent decline compared to the same period last year, the World Platinum Investment Council (WPIC...
By Ngoni Shenjere | Published: 06 September 2017
FRUSTRATED Bulawayo residents have expressed grave concern over delayed commencement of the much awaited multi-million dollar Egodini Mall project, despite assurances by the authorities.The project w...
By Staff reporter | Published: 06 September 2017
THE Zimbabwe National Road Administration (Zinara) has not disbursed funds for road maintenance to Beitbridge Town since the beginning of the year.The funds are urgently needed to upgrade the town's r...
By Staff reporter | Published: 06 September 2017
The African Export-Import Bank (Afreximbank) is a Multilateral Financial Institution established in 1993 by African governments, African private and institutional investors as well as non-African fina...
By Afreximbank | Published: 06 September 2017
The South African government should buy back privately-held shares in the South African Reserve Bank (SARB) if it can afford to, an interim report tabled in Parliament recommended.The idea - to nation...
By Staff reporter | Published: 06 September 2017
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
