Atlas Mara Co-Nvest Limited (Atlas Mara) on Wednesday disposed its 10,1 percent stake in Zimbabwe-focused private equity and advisory firm Brainworks Capital Management Limited (Brainworks) valued at ...
By Staff reporter | Published: 22 June 2015
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya insists that troubled banks have up to end-June to put their act together before authorities can move in to restore investor confidence.The Centra...
By Staff reporter | Published: 22 June 2015
Zimbabwe Stock Exchange-listed agriculture concern, SeedCo Limited (SeedCo), registered a 27 percent increase in profits to $15 million in the full year to March 2015 from $11 million in the prior per...
By Staff reporter | Published: 22 June 2015
Mwana Africa Plc (Mwana) founder and chief executive Kalaa Mpinga has resigned with immediate effect after the recent boardroom changes at the Zimbabwe-based nickel and gold miner.Yat Hoi Ning, the ne...
By Staff reporter | Published: 22 June 2015
Zimbabwe Asset Management Company (Zamco) - a government's special purpose vehicle to house non-performing loans (NPLs) - is finalising modalities to clean up local banks' balance sheets, a central ba...
By Staff reporter | Published: 22 June 2015
Zimbabwe miners and other economic stakeholders have hailed government's move to immediately lift a ban on the export of the mineral as it will enable them to raise funds to increase smelting capacity...
By Staff reporter | Published: 22 June 2015
Coca-Cola has launched a new fruit flavoured light malt non-alcoholic beverage, Schweppes Novida, which is available in two flavours - pineapple and mandarin in a sleek 400 ml PET bottle.Takunda Jinda...
By Staff reporter | Published: 22 June 2015
Hard - hit Zimbabwe government collected a total of $1,65 million from value added tax (VAT) on non-resident tourist accommodation in the four months to April this year, a top official has revealed.Wi...
By Staff reporter | Published: 22 June 2015
The Zimbabwe Stock Exchange (ZSE) is expecting the revised listing requirements to be gazetted soon after they were approved by the Securities and Exchange Commission of Zimbabwe early this year.Alban...
By Staff reporter | Published: 22 June 2015
Zimbabwe's largest beverages maker, Delta Corporation (Delta), will on Wednesday this week reward its shareholders with a final dividend of $28,4 million.This will bring the total dividend for the yea...
By Staff reporter | Published: 22 June 2015
AIM-listed Africa-focused resources group, Mwana Africa Plc (Mwana), has appointed Yat Hoi Ning as its interim chairman.Ning, who takes over from Stuart Morris who retired last week Friday, will - wit...
By Staff reporter | Published: 22 June 2015
Zimbabwe's financial services now prefer lending to individuals in favour of risky corporate borrowers, the African Development Bank (AfDB) has said.In its March 2015 Monthly Report on Zimbabwe, the r...
By Staff reporter | Published: 22 June 2015
Zimbabwe's total gold deliveries surged by nearly 50 percent to 1 546,16 kilogrammes (kg) in March 2015, from 1 040,49 kg recorded in March 2014, figures from the African Development Bank (AfDB) revea...
By Staff reporter | Published: 22 June 2015
Listed hospitality concern African Sun Limited (ASL) recorded a profit of $850 519 in the six months to March 2015, compared to a loss of $1,4 million in the prior period, due to increased foreign tou...
By Staff reporter | Published: 22 June 2015
Zimbabwe tobacco farmers have so far earned nearly $430 million from the sale of 145,5 million kilogrammes (kg) of flue cured tobacco since the beginning of the current marketing season in March this ...
By Staff reporter | Published: 22 June 2015
The Zimbabwe Stock Exchange (ZSE) is eyeing at least three new listings before the end of 2015 in an effort to end a three-year listing drought.Alban Chirume, ZSE's chief executive said the local bou...
By staff reporter | Published: 22 June 2015
Sugar producer, Tongaat Hulett Zimbabwe (Tongaat), says its domestic market sales for the year to March 2015 surged 109 percent to 309 000 tonnes from 148 000 tonnes in 2014 due to the introduction o...
By Staff reporter | Published: 22 June 2015
Zimbabwe must stop mortgaging minerals to secure loans but must negotiate deals more shrewdly to preserve future generations from bad decisions, a renowned Ghanaian economist said.Douglas Boateng, Afr...
By Staff reporter | Published: 21 June 2015
Listed financial services group First Mutual Holdings Limited (FMHL)'s operating profit surged by 1 090 percent to over $1 million in the first four months to April 2015 due to cost cutting measures a...
By Staff reporter | Published: 21 June 2015
Zimbabwe's largest mobile telecommunications company by subscriber base, Econet Wireless (Econet), will pay out a whopping $15 million to shareholders this year.This comes after the mobile giant regi...
By Staff reporter | Published: 22 June 2015
Mashonaland Holdings (Masholdings) says its property occupancies slumped by six percentage points to 79 percent in the half year to March 31, 2015, on the back of declining economic conditions in Zimb...
By Staff reporter | Published: 21 June 2015
London-listed Caledonia Mining Corporation Limited (Caledonia)'s expansion plans have been given a boost by an increase and upgrade in the gold resource at its Zimbabwean Blanket Mine (Blanket).This c...
By Staff reporter | Published: 21 June 2015
Listed short-term insurer NicozDiamond Insurance Limited (Nicoz)'s gross premium written (GPW) for the four months to April 2015 remained almost flat at $11,16 million compared to same period last yea...
By Staff reporter | Published: 21 June 2015
Zimbabwe Stock Exchange (ZSE)-listed retailer, OK Zimbabwe Limited (OK), says it is engaging foreign retailers for the manufacturing of in-shop brands to boost the group's revenues.Its chief operation...
By Staff reporter | Published: 21 June 2015
Finance minister Patrick Chinamasa says Zimbabwe's presumptive tax was in line with international trends and blamed small-to-medium enterprises (SMEs) for evading taxes."The issue of presumptive tax h...
By Staff reporter | Published: 21 June 2015
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
