THE Zimbabwe Stock Exchange (ZSE) has effectively completed its demutualisation exercise after it held its first meeting as a private company last Friday. However, it reported a US$1,1 million loss fo...
RioZim Ltd chairman Lovemore Chihota has taken over the day-to-day management of the mining group amid indications he now has an office and works closely with external managers, the Zimbabwe Independe...
ZIMBABWE'S economy is edging towards the precipice amid growing fears of a looming financial crisis as banks currency holdings continue to dwindle and cash shortages worsens.Financial executives and e...
THE Australia-Zimbabwe Business Council (AZBC) was launched on February 23 in Wollongong, Sydney, Australia, to strengthen bilateral trade and foster business relations and investment between the two ...
Zimbabwe mining companies say they are not evading taxes but distribute their earnings legitimately among various stakeholders in line with the country's laws.Isaac Kwesu, the Zimbabwe Chamber of Mine...
Innscor Africa Limited (Innscor) has tasked its executive director for corporate finance, John Koumides, to lead an advisory committee implementing the separate listing of the group's fast-food busine...
Equities recorded their sixth consecutive loss after the industrial index lost 0.47 (or 0,31 percent) to close at 150.08 in today's trades.Delta was a cent lower at 101 cents, CFI eased 0,49 cents to ...
Meat processor Cold Storage Company says it has registered an increase in hides processed at its tannery following the imposition of an export levy on raw hides by Government.Government introduced a 7...
Listed conveyor belts maker General Beltings has recorded a 47 percent upturn in turnover for the first five month of the year, on the back of a Government initiative last year to protect a number of ...
The Institute of Chartered Secretaries and Administrators in Zimbabwe has elected Mr Lovemore Kadenge as its new president, Bulawayo24.com reported.Mr Kadenge, who was vice-president of the institute ...
There is renewed interest by investors in the chrome sector following the lifting of a ban on unprocessed ore exports, a cabinet minister has said.Government two weeks ago reversed a four-year chrome ...
Innscor Africa Limited's bread making subsidiary, Baker's Inn, has recorded a 36 percent increase in sales volumes to 340 000 driven by price reductions.Chief executive Mr Toni Fourie said the jump in...
Mobile telecommunications firm Econet Wireless last Friday launched a service that allows farmers to access extension services from experts through the phone.Dubbed "Dial-a-Mudhumeni", the service has...
HWANGE Colliery Company Ltd has received bids from four companies interested in rebuilding its coke oven battery as it moves to increase regional exports.The battery, which converts coking coal into ...
Government has ordered a forensic audit of State-owned meat processor Cold Storage Company's (CSC) operations before approving an $80 million injection from a Botswana investor.CSC used to play a lea...
The cash-strapped Zimbabwe government is battling to pay salaries on time to diplomatic staff deployed to its 43 embassies across the world, a senior official said Tuesday.Willard Manungo, secretary f...
The International Criminal Court "is dangerous" and South Africa should withdraw from it, ANC secretary-general Gwede Mantashe said yesterday.Mantashe was defending the government's decision not to ar...
The equities market extended losses on the back losses in a number of heavyweight counters led by beverages giant Delta.The industrial index retreated 1.30 (or 0,86 percent) to settle at 150.55 after ...
JOHANNESBURG - The world's No. 1 platinum producer Anglo American Platinum plans to overhaul a number of its South African mines to make them more profitable in the face of depressed prices.Amplats, r...
Meat processor Cold Storage Company says it has secured an investor willing to inject $80 million into the company but Government is yet to approve its turnaround strategy which paves the way for the ...
Automotive batteries filled with cement or broken glass and palm oil disguised as soya-bean oil are some of the shoddy imports making their way through the country's porous borders, in contravention o...
The Civil Aviation Authority of Zimbabwe (CAAZ) will be conducting test flights at the beginning of August to ascertain if the new Victoria Fall Airport runway meets international aviation standards.T...
ZANU-PF Buhera South National Assembly representative Joseph Chinotimba is up in arms with the Zimbabwe Urban and Rural Council Workers' Union who accuse him of siphoning funds from the labour body wh...
Government will proceed with plans to consolidate diamond mining operations in the country despite facing resistance from certain diamond mining companies who up to now are still to make a decision o...
The Reserve Bank of Zimbabwe says the banking sector's capitalisation though largely in compliance with minimum capital requirements, remains under threat from losses being recorded by a few banking i...