Listed financial services provider NMB Holdings has received approval from the Reserve Bank of Zimbabwe for its banking subsidiary to introduce agency banking.Chief executive Mr Ben Washaya told anal...
By Staff reporter | Published: 24 August 2017
Listed wines and spirits maker African Distillers Ltd (AFDIS) doubled its after-tax-profit to $2, 7 million in the six months to June 30, 2017 from $1, 1 million recorded in the same period last year....
By Staff reporter | Published: 24 August 2017
INDUSTRIALSThe Industrial Index winning streak continued unabated as it went up by a further 2.35 points (1.08%) to close at 220.25 points. PADENGA (PHL.zw) was $0.0300 solid at $0.3800, CFI (CFI.zw)...
By zse | Published: 24 August 2017
Financial Highlights:– Revenue $ 19 152 483– Operating income $ 19 343 790– Profit before taxation $ 4 838 174– Profit for the period $ 3 556 915– Dividend Nil– Total comprehensive income ...
By NMB | Published: 24 August 2017
Financial Highlights:– Revenue $ 24 890 506– Gross profit $ 12 121 579– Operating income $ 4 056 223– Profit before taxation $ 3 831 752– Profit for the year $ 2 761 968– Dividend per shar...
By AFDS | Published: 24 August 2017
Financial Highlights:– Total income $ 45 011 342– Profit before income tax $ 11 904 311– Profit for the period from continuing operations $ 9 610 652– Dividend per share 0.2235 US cents– To...
By FBC | Published: 24 August 2017
THE Movement for Democratic Change (MDC) party, led by Morgan Tsvangirai, has expressed "shock and complete disappointment" over a recent decision by government to declare President Robert Mugabe's bi...
By Staff reporter | Published: 24 August 2017
Mobile operator Telecel Zimbabwe has announced that it has begun the upgrade of the network in readiness for the launch of LTE services by September and to improve quality of service.The mobile compan...
By Agencies | Published: 24 August 2017
Gabriella Engels, the South African woman who was allegedly assaulted by Zimbabwe's First Lady Grace Mugabe, has taken the first step to challenge the South African government's decision to give her ...
By BBC | Published: 24 August 2017
Dairibord has completed 70 percent of the work around configuring its business model to a much learner structure, financial director Mercy Ndoro has said.Responding to emailed questions, Ms Ndoro sai...
By Staff reporter | Published: 24 August 2017
FIRST Lady Grace Mugabe yesterday reportedly intensified her bid to evict Arnold Farm villagers to pave way for the expansion of her business empire in Mazowe, with Zanu-PF youth members allegedly des...
By Staff reporter | Published: 24 August 2017
THE People's Own Savings Bank (POSB) has disbursed $1,5 million in mortgage financing since certification early this year, as the bank announces its arrival in a competitive industry.The mortgage sect...
By Staff reporter | Published: 24 August 2017
AGRICULTURE, Mechanisation and Irrigation Development Minister Joseph Made has threatened to bring all cotton marketing activities under Government control to prevent smuggling and side marketing by p...
By Staff reporter | Published: 24 August 2017
The need for investment in Zimbabwe's agricultural sector by local and international corporations has become a necessity for a steady growth of our economy.Zimbabwe's premier showcase, the Harare Agri...
By Staff reporter | Published: 24 August 2017
FINANCE minister Patrick Chinamasa says the country has too much dead capital in relation to housing and that homeowners must use their houses to borrow money to start businesses to support the econom...
By Staff reporter | Published: 24 August 2017
THE Common Market for Eastern and Southern Africa (Comesa) is in the process of setting up a modern railway technology known as the Futran System, an automated system that can take a payload of up to ...
By Staff reporter | Published: 24 August 2017
ACCORDING to market players, investors are using Old Mutual as a way of repatriating their investments outside the country.This comes as Old Mutual traded at $4.02 at the close of trade on Monday on t...
By Staff reporter | Published: 24 August 2017
KWESE TV has partnered local player, Dr Dish in a content distribution deal that will see the Econet media owned company beam in the country. However, there is confusion as the Broadcasting Authority ...
By Staff reporter | Published: 24 August 2017
STANBIC Bank Zimbabwe says it has invested $88.8 million to fund the capital needs of various players in the country's mining sector in 2016 as part of its efforts to contribute to national developmen...
By Staff reporter | Published: 24 August 2017
FIDELITY Printers and Refiners is paying out $15 million to the estimated 300 000 artisanal gold miners on a weekly basis, Finance and Economic Development Minister Patrick Chinamasa said.Speaking at ...
By Staff reporter | Published: 24 August 2017
The government has begun consulting stakeholders with health insurers, as it steps up efforts to craft enabling legislation to regulate the functions of medical aid societies.Health ministry permanent...
By Staff reporter | Published: 24 August 2017
ZHEJIANG Bayong Highway Engineering International, the Chinese company contracted to undertake construction work for the dualisation of the $1 billion Beitbridge -Harare Highway, has approached the Mi...
By Staff reporter | Published: 24 August 2017
Tobacco exports are expected to reach nearly $1 billion during the 2017 season, the tobacco industry has said.Premier Tobacco Auction Floor managing director Mr Philemon Mangena said this yesterday at...
By Staff reporter | Published: 24 August 2017
The People's Own Savings Bank (POSB) has launched a mortgage finance division as it spreads its products to increase revenue streams and consolidate its market.The new division seeks to finance housin...
By Staff reporter | Published: 23 August 2017
The Harare City Council (HCC) on Wednesday invited public input into its intention to issue a $100 million bond to finance several infrastructure development projects in the capital.Last m...
By Staff reporter | Published: 23 August 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
