Zimbabwe Stock Exchange-listed diversified concern, Zimre, is planning to list its subsidiary Emeritus International Reinsurance Company (Emeritus) in Botswana.The group's chief executive, Stan Kudeng...
By Staff reporter | Published: 04 July 2017
VICTORIA FALLS - Securico Security Services (Securico) founder Divine Ndhlukula has been elected the new Zimbabwe National Chamber of Commerce (ZNCC) president.The feisty businesswoman, who took over ...
By Staff reporter | Published: 04 July 2017
Finance minister Patrick Chinamasa said he is against the establishment of a Road Accident Fund (RAF), aimed at assisting road accident victims, as it will negatively affect insurance firms' revenues ...
By Staff reporter | Published: 04 July 2017
The World Bank has forecasted that Zimbabwe will miss its ambitious 28-tonne gold production for this year, putting a dent on the country's economic revival prospects.This comes as Zimbabwe, which pro...
By Staff reporter | Published: 04 July 2017
Mines minister Walter Chidakwa has threatened to cancel mining licences of two coal miners, Monaf Investment (Monaf) and Appex Petroleum (Appex), due to non-performance.Chidakwa said government was no...
By Staff reporter | Published: 04 July 2017
Zimbabwe has the potential to create a billion dollar economy by empowering its entrepreneurs and small to medium enterprises (SMEs), a local firm has said.Global Entrepreneurship Trust Club (GET Club...
By Staff reporter | Published: 04 July 2017
In this week's instalment of Women on Top - a new column that celebrates women in top positions - Daily News deputy business editor Ndakaziva Majaka caught up with State fixed phone operator TelOne's ...
By Staff reporter | Published: 04 July 2017
Zimbabwe National Roads Administration (Zinara) financial director Simon Taranhike has been suspended over a "currency trading scheme" at Infralink (Private) Limited (Infralink) - a joint venture firm...
By Staff reporter | Published: 04 July 2017
DailyNews Deputy Business Editor, Ndakaziva Majaka, talks to World Bank's (WB) outgoing country manager, Camille Nuamah, whose tour of duty ran from June 2014.NUamah will be succeeded by WB's sector m...
By Staff reporter | Published: 04 July 2017
Finance minister Patrick Chinamasa said he is against the current lifestyle audit being carried out by various statutory boards on a number of individuals across the country.Chinamasa said the audits,...
By Staff reporter | Published: 04 July 2017
Government is likely to regain its 23,5 percent stake in ZB Financial Holdings (ZBFH) after businessman Nicholas Vingirai threatened to pull out of the banking group due to shareholder disagreements.M...
By Staff reporter | Published: 04 July 2017
Zimbabwe's government-owned mobile firm NetOne has said it paid its former chief executive officer Reward Kangai $247 000 following the termination of his employment contract.Kangai was sent on forced...
By Staff reporter | Published: 04 July 2017
Zimre Property Investments (ZPI) has embarked on another cost-cutting drive aimed at keeping the company afloat in an increasingly challenging economic environment.The realtor's managing director, Eds...
By Staff reporter | Published: 04 July 2017
London Stock Exchange-listed mining exploration and production company, Premier African Minerals Limited (Premier), anticipates beginning commercial mining at its Zulu Lithium and Tantalum mine follow...
By Staff reporter | Published: 04 July 2017
Local fertiliser manufacturer Zimphos' Msasa sulphuric acid plant is now 25 percent complete amid indications it will come online by first quarter 2018, a junior minister said.Deputy Industry minister...
By Staff reporter | Published: 04 July 2017
The Agricultural Bank of Zimbabwe (Agribank) has unveiled $70 million earmarked to stimulate export trade and horticulture production.Agribank public relations manager Olam Marufu told the businessdai...
By Staff reporter | Published: 04 July 2017
The fate of Barclays Bank Zimbabwe (BBZ) managing director George Guvamatanga (pictured) is hanging in the balance after his company was recently taken over by Malawi First Merchant Bank (FMB).T...
By Staff reporter | Published: 04 July 2017
Financial Highlights:- Revenue $ 47 235 811- Profit from operations $ 5 633 884- Profit before tax $ 4 257 419- Profit for the period $ 3 150 861- Dividend per share 0.3 US cents- Total comprehensive ...
By A | Published: 04 July 2017
Turnover: $ 29,331,871Operating loss before depreciation, impairment and financing costs: ($7,703,477)Loss before tax: ($15,630,727)Loss for the year: ($13,692,072)Dividend: NilTotal comprehensive los...
By A | Published: 04 July 2017
Financial Highlights:- Revenue $ 7 761 998- Gross profit $ 1 917 150- Operating profit $ 383 392- Loss before taxation $ (309 881)- Profit for the year $ 32 123- Dividend Nil- Total comprehensive inco...
By A | Published: 04 July 2017
Financial Highlights:- Revenue $ 9 009 518- Gross loss $ (1 351 808)- Net operating loss $ (2 689 497)- Loss before taxation from continuing operations $ (2 353 685)- Loss for the year from continuing...
By A | Published: 04 July 2017
Financial Highlights:Revenue $ 5,532,623Operating loss ($ 204,927)Loss before tax ($ 73,503)Loss for the period ($ 54,576)Dividend per share NilTotal comprehensive loss the period ($ 54,576)Basic loss...
By A | Published: 04 July 2017
Financial Highlights:Revenue $ 5,477,333Operating profit $ 1,898,296Loss before tax ($ 5,353,470)Loss for the period ($ 5,935,790)Dividend per share 0.03 US centsTotal comprehensive loss the period ($...
By A | Published: 04 July 2017
Financial Highlights:- Revenue $ 9 199 482- Profit before interest and taxation $ 808 949- Loss from operations $ (1 224 041)- Profit before taxation $ 598 273- Profit for the period $ 124 639- Divide...
By A | Published: 04 July 2017
Financial Highlights:Revenue: $ 14,254...
By A | Published: 04 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
