Air Zimbabwe (Airzim) has, with immediate effect, retrenched 200 workers as part of its ongoing restructuring exercise to bring the national airline back to viability.Out of 28 managers, only 12 were ...
By Staff reporter | Published: 12 July 2017
RIOZIM Limited has decided not to honour an ostensible $4,5 million debt owed to AfrAsia Bank, which is presently in liquidation, after it emerged the financial institution could have unfairly bloated...
By Staff reporter | Published: 12 July 2017
ZIMBABWE'S special economic zones will attract foreign investments worth $10 billion in the next 2 years, the newly appointed SEZ board chairman Dr Gideon Gono has said.In an interview yesterday, the ...
By Staff reporter | Published: 12 July 2017
SECONDHAND clothing continues to flood the Zimbabwean market, taking a significant share of the clothing market and leaving local manufacturers teetering on the brink of collapse, an industry official...
By Staff reporter | Published: 12 July 2017
TOURISM and Hospitality minister Walter Mzembi on Monday said Zimbabwe Tourism Authority (ZTA) chief, Karikoga Kaseke's decision to rebrand the Harare International Carnival to Big Time Harare Interna...
By Staff reporter | Published: 12 July 2017
LISTED Turnall Holdings Limited is yet to secure an investor to give a lifeline to its operations, with revelations the firm's debt restructuring exercise will be completed by the end of August.The co...
By Staff reporter | Published: 12 July 2017
The Reserve Bank of Zimbabwe (RBZ) has revised downwards registration fees for bureaux de change operators to enhance the ease of doing business and foster financial inclusion.Concerned with the limit...
By Staff reporter | Published: 12 July 2017
Nearly a decade after ravaging hyperinflation - characterised by steep commodity prices rising by the day - it seems Zimbabwe remains a very expensive country to live in.Back then, around 2006-8, the ...
By Eric Chiriga | Published: 11 July 2017
National Social Security Authority (NSSA) board chairperson, Robin Vela has said he will, before end of this year, step down from all company boards, where the authority has an interest in to avoid co...
By Staff reporter | Published: 11 July 2017
INDUSTRIALSThe Industrial Index retreated 0.35 points (0.18%) to settle at 197.92 points as four counters lost ground. SEEDCO (SEED.zw) shed $0.0499 to trade at $1.4000, MEIKLES (MEIK.zw) eased $0.04...
By zse | Published: 14 July 2017
The local motor industry is reeling under serious challenges which have forced most assembling firms to scale down operations.The influx of grey imports is proving to be a major challenge for the indu...
By Staff reporter | Published: 11 July 2017
Zimbabwe's value of car imports dropped by 20 percent in the first five months of this year as the government's protectionist policy begins to bear fruit.Trade data from the Zimbabwe National Statisti...
By Staff reporter | Published: 11 July 2017
LOCAL detergent dealer, ZimKings Trading, says it plans to commission a $15 million washing powder plant in the next two months in a move likely to significantly reduce the country's import bill.ZimKi...
By Staff reporter | Published: 11 July 2017
THE Zimbabwe Revenue Authority (Zimra) has registered 12 992 small-to-medium enterprises (SMEs) for value-added tax (VAT) under a moratorium, that expired last month, acting board secretary, Ropafadza...
By Staff reporter | Published: 11 July 2017
THE Zimbabwe Stock Exchange (ZSE) market capitalisation for the month of June, rose 20,09% to close at $5,99 billion, an IH securities report has shown.According to the brokerage firm, the Industrial ...
By Staff reporter | Published: 11 July 2017
THE INSURANCE and Pension Commission (Ipec) says the proposed Insurance Bill, set to harmonise the Insurance and Pensions Commission Act with the Insurance Act and the Pensions as well as the Providen...
By Staff reporter | Published: 11 July 2017
INTERNATIONAL Monetary Fund (IMF) mission chief on Zimbabwe, Ana Lucia Coronel, has expressed concern that growth in bond notes discounts in the parallel sector would increase inflation, which will im...
By Staff reporter | Published: 11 July 2017
BULAWAYO City Council (BCC) has turned down a joint venture housing project proposed by FBC Building Society for the development of residential stands to ease the housing backlog, latest council minut...
By Staff reporter | Published: 11 July 2017
Zimbabwe is poised to become one of the largest lithium producers in the world due to increased global demand.The investment-starved country produced 900 tonnes of lithium in 2015, with top producer A...
By Staff reporter | Published: 11 July 2017
INDUSTRIALSThe Industrial Index opened the week on a higher note after putting on 0.34 points (0.17%) to close at 198.27 points. TSL (TSL.zw) added $0.0070 to close at $0.2325, FIRST MUTUAL (FM...
By zse | Published: 14 July 2017
SPAR Zimbabwe plans to open three supermarkets before the end of this year, bringing the number of new operations it opened during the year to five.According to Spar Zimbabwe managing director, Terren...
By Staff reporter | Published: 07 July 2017
THE National Social Security Authority (NSSA) recorded a 329,7% boost in profit after tax to $105,87 million for the financial year ended December 2016 on the back of fewer write downs and improved co...
By Staff reporter | Published: 07 July 2017
RESERVE bank of Zimbabwe (RBZ) is negotiating for more nostro stabilisation facilities with the Afreximbank, as it makes strides to avert a dry foreign exchange spell after the tobacco selling season....
By Staff reporter | Published: 07 July 2017
Zimbabwe's trade flow for the first five months showed some improvement, as the economy continues to respond to measures put in place to foster macro-economic stability and to curtail leakages from th...
By Staff reporter | Published: 07 July 2017
Dubai-based Albwardy Investment (Albwardy) group has abandoned its plans to take over diversified Zimbabwean hospitality group, Meikles Limited.Discussions for the possible takeover had been going on ...
By Staff reporter | Published: 07 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
