CONSTRUCTION of a $10 million up-market shopping mall in Victoria Falls is expected to start anytime soon.The complex will be built by Zimre Property Investment (ZPI). ZPI chief executive officer Mr E...
By Staff reporter | Published: 30 July 2017
THE Reserve Bank of Zimbabwe (RBZ) has imported over US$$400 million cash since January this year to address the cash shortages but of that amount only less than US$200 million is in circulation.Accor...
By Staff reporter | Published: 30 July 2017
SABLE Chemicals - Zimbabwe's biggest ammonium nitrate manufacturer - is now operating at 30 percent capacity as it battles to rediscover its footing following remodelling of its plant to improve effic...
By Staff reporter | Published: 30 July 2017
THE Reserve Bank of Zimbabwe is hunting down illegal foreign exchange dealers amid reports that more than US$3 billion was externalised over the past two years.Monetary authorities say the externalisa...
By Staff reporter | Published: 30 July 2017
ZIMBABWE AIRWAYS - the new debt-free Phoenix rising out of the ashes of Air Zimbabwe - is in advanced talks with a Brazilian company to lease five aircraft to service underserved regional routes, it h...
By Staff reporter | Published: 30 July 2017
THE Confederation of Zimbabwe Industries (CZI) has proposed the adoption of supplier development programmes in the country so that mines and suppliers work together to resolve issues hindering linkage...
By Staff reporter | Published: 30 July 2017
A number of banks are demanding the elusive United States dollar and an extra commission to process DStv subscriptions for locals as more plastic money payment avenues are being closed, sidelining a n...
By Staff reporter | Published: 30 July 2017
The government must stop bailing out ailing parastatals and instead channel resources towards small to medium enterprises (SMEs), a lobby group has said.SMEs Association of Zimbabwe chairman, Farai Mu...
By Staff reporter | Published: 30 July 2017
Former Cabinet minister Christopher Mutsvangwa has dismissed charges by President Robert Mugabe that he is being sent by securocrats to campaign for his ouster as cracks between the ageing ruler and h...
By Richard Chidza | Published: 30 July 2017
The government has allocated US$20 million to cover the costs of the initial works of the Gwayi-Shangani dam project, paving way for the contractor to move on site.The initial stages of the much await...
By Staff reporter | Published: 29 July 2017
The JSE was dragged into the red by British American Tobacco and Reinet which hold a large investment in British American Tobacco.The move occurred late in the local session after the US Food and Drug...
By Staff reporter | Published: 29 July 2017
Vice President Emmerson Mnangagwa says the cash-strapped Zimbabwe government is piling up reserves of gold and diamonds to back a new local currency.But he did not say when the new currency would be i...
By Staff reporter | Published: 29 July 2017
PRESIDENT Robert Mugabe on Thursday came short of announcing his decision on beleaguered Zanu-PF national political commissar, Saviour Kasukuwere, declaring no party structure had the right to pass a ...
By Staff reporter | Published: 29 July 2017
POLITICAL parties will soon meet to deliberate on the electoral voter registration regulations released by the Zimbabwe Electoral Commission (Zec) under Statutory Instrument (SI) 85 of 2017 last Frida...
By Staff reporter | Published: 29 July 2017
Government is pushing for the implementation of procurement reforms in the public sector as a way of promoting transparency and accountability for the good of the economy.Efforts by government to push...
By Staff reporter | Published: 29 July 2017
The government will maintain the remaining ten percent stake in cooking oil processing firm Surface Wilmar Investments to facilitate stable pricing models and the growth of cooking oil manufacturing i...
By Staff reporter | Published: 29 July 2017
THE government is amending the Labour Act to address concerns raised by both workers and employees following the 2015 changes to the law, Public Service, Labour and Social Welfare Minister Prisca Mupf...
By Staff reporter | Published: 29 July 2017
THE Motor Industry Association of Zimbabwe (MIAZ) has reacted angrily to Speaker of the National Assembly Jacob Mudenda's proposal for a 150% hike on import duty for second-hand vehicles.Speaker of th...
By Staff reporter | Published: 28 July 2017
The Reserve Bank of Zimbabwe (RBZ) is considering tightening screws on the banking sector by planning to make public bank ratings which show the health of banks to protect depositors, a senior central...
By Staff reporter | Published: 28 July 2017
The Kariba South expansion project is at 91 percent complete amid indications that the first phase of the project will bring 150 mega watts on the national grid by December this year.The successful im...
By Staff reporter | Published: 28 July 2017
INDUSTRIALSThe Industrial Index gained a further 0.84 points (0.42%) to settle at 202.06 points. ECONET (ECO.zw) advanced by an additional $0.0108 to close at $0.3918, SIMBISA (SIM.zw) was up by $0.00...
By zse | Published: 28 July 2017
The sale of a parcel of CFI Holdings shares valued at US$1,5 million to British business tycoon Nicholas Van Hoogstraten last Thursday is now caught in controversy amid allegations the trade was betwe...
By Staff reporter | Published: 28 July 2017
Barclays Bank Plc will pay out a £2 million (US$2,6 million) closing bonus to Barclays Zimbabwe Limited workers as the United Kingdom-based banking group divests from the local market after 105 years...
By Staff reporter | Published: 28 July 2017
The Office of the President and Cabinet has unilaterally awarded a multi-million dollar project to a local firm called Univern Enterprises to implement the Zimtis without going to tender or ascertaini...
By Staff reporter | Published: 28 July 2017
BUSINESS says it will only accept labour regulations for Special Economic Zones (SEZs) if they meet certain conditions which include rationalising production and improving competitiveness, businessdig...
By Staff reporter | Published: 28 July 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
