The government will be maintaining a salary freeze to create room for mobilising funding for key projects in light of the budgetary constraints affecting the economy.This was revealed by the Minister ...
By Staff reporter | Published: 20 July 2017
The Zimbabwean economy is
expected to register significant growth of 3.7% this year, underpinned
by strong performance in agriculture of 21.3%, mining 5.1% and
electricity and water 2.5%, Finance a...
By Staff reporter | Published: 20 July 2017
SA Reserve Bank governor Lesetja Kganyago announced on Thursday that the Monetary Policy Committee has decided to cut the interest rates."The MPC has decided to reduce the repurchase rate by 25 basis...
By Staff reporter | Published: 20 July 2017
INDUSTRIALSThe Industrial Index gained a further 0.79 points (0.40%) to close at 199.34 points. SEEDCO (SEED.zw) went up by $0.0616 to settle at $1.3229, CFI (CFI.zw) advanced by $0.0515 to trade at $...
By zse | Published: 20 July 2017
The ICERTIAS Best Buy Award 2017/2018 survey has shown that Zimbabwe citizens recognise the companies and brands that offer the best price-quality ratio, with the likes of Toyota, Dairibord, OK, KDV, ...
By Agencies | Published: 20 July 2017
PREMIER Medical Aid Society (PSMAS) paid its directors a combined $602 000 last year, making its board better remunerated than listed heavyweights such as Delta Corporation, OK Zimbabwe and Innscor Af...
By Staff reporter | Published: 20 July 2017
THE value of Treasury Bills (TBs) has outstripped bank equity capital by 1,7 times, a new report indicated this week, raising questions over the financial sector's ability to continue absorbing the pa...
By Staff reporter | Published: 20 July 2017
The South African Chamber of Mines has taken legal advice following the notice by the Minister of Mineral Resources published in the Government Gazette yesterday (19 July 2017), which indicates that t...
By Agencies | Published: 20 July 2017
AIR Zimbabwe (AirZim) is expected to launch a recruitment drive to replace staff retrenched a fortnight ago, sources said this week.The airline retrenched 200 of its staff two weeks ago under a restru...
By Staff reporter | Published: 20 July 2017
BARCLAYS Bank of Zimbabwe's share price has risen 27 percent since the announcement of its imminent takeover by FMB Capital of Malawi.Britain's Barclays Plc announced the sale of its Zimbabwe unit to ...
By Staff reporter | Published: 20 July 2017
ZIMBABWE stock exchange-listed electrical goods manufacturer and retailer, Powerspeed Electrical, has failed to declare a dividend to shareholders since 2003. The company's chief executive officer Hil...
By Staff reporter | Published: 20 July 2017
Financial Highlights– Turnover $ 14 710 768– Operating profit $ 270 582– Profit before interest and tax $ 373 632– Profit before taxation $ 344 079– Profit for the period $ 262 737– Divide...
By ZIMW | Published: 20 July 2017
AN Equity analyst from a deading stockbroker says Delta remains the ZSE's bellwether stock.In a note to clients, Imara Edwards analyst, Addmore Chakurira, said in their opinion, "Delta remains the ZSE...
By Ngoni Shenjere | Published: 20 July 2017
Delta Beverages yesterday issued a further cautionary statement advising that negotiations with The Coca-Cola Company (TCCC) regarding TCCC's intention to terminate the Bottlers' Agreements with Delta...
By Ngoni Shenjere | Published: 20 July 2017
Vunani Fund Managers (VFM) is a South African fund management company that provides clients with a range of institutional investment products.We are striving to build a top ranked fund management busi...
By Vunani | Published: 20 July 2017
Zimplow Holdings Limited released an improved set of numbers showing revenue growth of 77% to $14.7 million for an operating profit of $0.2 million compared to a loss of $1.3 million in the first half...
By Ngoni Shenjere | Published: 20 July 2017
NATIONAL Railways of Zimbabwe (NRZ) has identified an investor to recapitalise the parastatal following the completion of the adjudication process last week where six companies submitted their bids t...
By Staff reporter | Published: 20 July 2017
Johannesburg - Ahead of the Monetary Policy Committee's (MPC) rate announcement, research analyst at Credit Suisse Carlos Teixeira unpacks four reasons why the Reserve Bank should consider a rate cut....
By Staff reporter | Published: 20 July 2017
PRODUCTION at the country's third largest platinum producer, Unki Mine, increased 10% to 19,500 ounces in the second quarter of 2017, up from 17,800 ounces in the prior comparable period.However, on a...
By Ngoni Shenjere | Published: 20 July 2017
Vodacom's first-quarter revenue grew 3.9% as Africa's largest carrier by market value invested in its network and increased sales of smartphones in South Africa. South Africa revenue growth accelerate...
By Staff reporter | Published: 20 July 2017
PUBLIC Service, Labour and Social Welfare Minister Prisca Mupfumira has disclosed that more than 10 million Zimbabweans, which translates to 72,3% of the population, were living in abject poverty.In a...
By Staff reporter | Published: 20 July 2017
PRESIDENT Robert Mugabe's political dynasty seems to be growing with each passing day, amid claims that his son-in-law, Simba Chikore, is eyeing a parliamentary seat in Makoni North constituency, Mani...
By Staff reporter | Published: 20 July 2017
Zimbabwe has registered a slight growth in export earnings after earning $2,58 billion up from $2,57 billion as of June 16 this year, compared to the same period last year.Finance minister Patrick Chi...
By Staff reporter | Published: 20 July 2017
THE Reserve Bank of Zimbabwe (RBZ) has now injected $175 million worth of bond notes in the market, as cash shortages are pushing the central bank to draw on the Afreximbank-backed surrogate currency....
By Staff reporter | Published: 20 July 2017
Plans to integrate and computerise Zimbabwe's public transport data have been held back by a tender row pitting serial government contractor Univern Enterprises and a South African rival, Mopane Proje...
By Staff reporter | Published: 20 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
