Zimbabwe's largest sugar producer, Tongaat Hulett, production declined by nine percent to 445 000 tonnes in the full year to March 2015 compared to 488 000 registered in the prior period due to low da...
By Staff reporter | Published: 21 June 2015
Moira Kambanje, 66, can now receive money from her daughter in South Africa, buy groceries, pay bills and also send money to her other child at a local university.She does this without even visiting t...
By Staff reporter | Published: 21 June 2015
The Zimbabwe Mining Development Corporation (ZMDC) has secured a foreign investor willing to inject $100 million in capital to revive the defunct Kamativi tin mine (Kamativi), deputy Mines minister Fr...
By Staff reporter | Published: 21 June 2015
Tourism operators in Victoria Falls are prepared to defend themselves in courts over non-payment of rates after the resort town's local authority increased them by an astronomical 650 percent, Zimbabw...
By Staff reporter | Published: 21 June 2015
Former Lobels chief executive - Ngoni Mazango - has joined rivals Innscor Africa Limited (Innscor) as chief operating officer for its bakery division, Business Live has established.Mazango, a seasoned...
By Staff reporter | Published: 21 June 2015
The European Union (EU) says Zimbabwe is yet to qualify for budgetary support, but the economic trading bloc will continue to channel aid through multinational organisations, EU Ambassador Philippe Va...
By Staff reporter | Published: 21 June 2015
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has rallied Zimbabweans to "live their vision and mission on empowerment, and beneficiation" if the country's economic turnaround is to be achieve...
By Staff reporter | Published: 21 June 2015
Zimbabwe's cash-strapped parastatals and town councils are currently saddled with unsecured debts amounting to $2,2 billion owed to various service providers, Finance ministry's permanent secretary Wi...
By Staff reporter | Published: 21 June 2015
Murowa Diamonds (Murowa) is expected to resume full scale mining operations in a few weeks' time after it has finalised contracts of companies subcontracted to do work at the mine, deputy Mines minist...
By Staff reporter | Published: 21 June 2015
Beverages manufacturer Delta Corporation, (Delta), plans to spend nearly $50 million in capital projects aimed at buttressing its operating capacity.Matts Valela, Delta financial director told busines...
By Staff reporter | Published: 21 June 2015
London Stock Exchange-listed low-cost airline Fastjet has embarked on a recruitment drive as the company moves to establish operations in Zimbabwe."We are growing quickly and are on the lookout for ta...
By Staff reporter | Published: 21 June 2015
Zimbabwe tobacco farmers have so far earned $315 million from the sale of 112 million kilogrammes (kg) of the golden leaf since the beginning of this year's selling season in March.Figures released by...
By Staff reporter | Published: 21 June 2015
Zimbabwe National Farmers Union (ZNFU) says the decline in agriculture production is due to most farmers' lack of collateral.Edward Dune, ZNFU's executive director told Parliament this week that close...
By Staff reporter | Published: 21 June 2015
Deflationary pressures in Zimbabwe continue to persist with the country's annual inflation shedding 1,45 percentage points to -2,65 percent in April form -1,20 percent recorded in March.Latest figures...
By Staff reporter | Published: 21 June 2015
Zimbabwe's sole gold buyer, Fidelity Printers and Refiners (Fidelity), has reduced its minimum acceptance threshold for gold from licensed small-scale dealers from 10 to five grammes as the country mo...
By Staff reporter | Published: 21 June 2015
London-listed investment vehicle Masawara Plc (Masawara) recorded a 167 percent surge in profits to $16,1 million in the full year to December 2014 up from a loss of $10,8 million in the corresponding...
By Staff reporter | Published: 21 June 2015
Zimbabwe is willing to compromise on indigenisation stipulations to help the national airline to secure a new investor.Transport minister Obert Mpofu said government was pursuing various efforts to en...
By Staff reporter | Published: 21 June 2015
Tourism minister Walter Mzembi has unveiled a board of directors for Mosi-oa-Tunya Development Company (MTDC) to spearhead the development of an eco-Disneyland theme park on 274 hectares in the countr...
By Staff reporter | Published: 21 June 2015
Zimbabwe's maize production for the 2014/15 agricultural season is forecast to decline by over 500 000 tonnes to 950 000 tonnes due to a prolonged dry spell, a latest Food and Agriculture Organisation...
By Staff reporter | Published: 21 June 2015
The banking sector recorded a low loans uptake as a result of high lending rates as corporate clients in the sector slumped, figures from the Reserve Bank of Zimbabwe show.In its weekly economic repor...
By Staff reporter | Published: 21 June 2015
Zimbabwe has been removed from the international financial blacklist after the country took steps towards improving its role in the global fight against money laundering and terrorist financing, a Cab...
By Staff reporter | Published: 21 June 2015
Zimbabwe's broad money supply increased by 11,6 percent between January 2014 and January 2015, from $3,88 billion last year to $4,34 billion, on the back of growth in banking sector deposits, statisti...
By Staff reporter | Published: 21 June 2015
Zimbabwe largest platinum producer, Zimplats' profit in the quarter to March 2015 surged by 133 percent to $6,8 million compared to a loss of $20,5 million in the previous quarter due to increased met...
By Staff reporter | Published: 21 June 2015
Aquarius Platinum Limited (Aquarius) is optimistic Zimbabwe will review the recently-imposed 15 percent tax on raw platinum exports to allow mining companies to remain viable.In the company's quarterl...
By Staff reporter | Published: 21 June 2015
Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says mobile network operators are not inflating mobile data and Internet services tariffs.Baxton Sirewu, Potraz acting director ...
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
