The Zimbabwe Revenue Authority (Zimra) has extended its tax amnesty again to end of this year from the initial March 31, 2015 deadline.This comes on the back of a poor response by business to the earl...
By Staff reporter | Published: 07 June 2015
The National Oil Infrastructure Company of Zimbabwe (Noic) is planning a $6 million ethanol storage facility at its main Harare depot, which will also complement other fuel assets such as Sakunda Ener...
By Staff reporter | Published: 07 June 2015
Industry minister Mike Bimha says Zimbabwe's labour law reforms are far from being implemented despite repeated calls by employers to do so.Among the reforms, employers are recommending the eliminatio...
By Staff reporter | Published: 07 June 2015
Zimbabwe's judicial system is currently overwhelmed by banking sector lawsuits pitting financial institutions and clients who may easily settle matters amicably before approaching the courts, Master o...
By Staff reporter | Published: 07 June 2015
Government created the economic mess currently being experienced in the country and is lacking capacity to turn around the country's economic fortunes, an economist has said.Brains Muchemwa, a renowne...
By Staff reporter | Published: 07 June 2015
The Reserve Bank of Zimbabwe (RBZ) is negotiating with creditors in an effort to reduce and find ways to pay off its staggering $1,35 billion debt.John Mangudya, the RBZ governor, told Parliament this...
By Staff reporter | Published: 07 June 2015
Zimbabwe's move to impose a 15 percent tax on unprocessed platinum exports could threaten producers' viability, compromise future mining investments and is yet another instance of policy discord by au...
By Staff reporter | Published: 07 June 2015
Businessman Zachary Wazara's companies - Spiritage Zimbabwe Limited (Spiritage) and Suremed Medical (Suremed) - are claiming nearly $400 000 from collapsed Royal Bank Limited (Royal).According t...
By Staff reporter | Published: 07 June 2015
Royal Bank Zimbabwe Limited (Royal) liquidator Cecil Madondo is facing a legal challenge from the bank's creditors for failing to "take care of their interests" by selling the institution's assets for...
By Staff reporter | Published: 07 June 2015
Finance minister Patrick Chinamasa says government is crafting measures to save indigenous banks from collapse.This comes as numerous local banks have closed down due to mismanagement, poor corporate ...
By Staff reporter | Published: 07 June 2015
An America-based company Got Produce Incorporated (Got Produce) is hoping to "revolutionise" African agriculture with its hydroponic and technology-driven greenhouses, executives say.Backed by group f...
By Staff reporter | Published: 07 June 2015
Troubled AfrAsia Zimbabwe Holdings Limited (AZHL)'s banking and microfinance subsidiaries are contesting $16,4 million lawsuits from various clients.Among the aggrieved is Alphavic Management Consulta...
By Staff reporter | Published: 07 June 2015
The European Union (EU) has resumed direct financial aid to Zimbabwe, with the bloc availing $60 million, the EU ambassador Phillipe van Damme said.Zimbabwe last received direct aid from the EU about ...
By Staff reporter | Published: 07 June 2015
Zimbabwe's largest platinum producer Zimplats reported a depressed performance in the last quarter ending December 2014, with the miner posting a $20,5 million operating loss due to the collapse of it...
By Business reporter | Published: 07 June 2015
Econet Wireless Zimbabwe, the country's largest cellular operator by subscribers, has revealed that it is expecting to report turnover of $752.7 million for the twelve months to February 2015, up 8% y...
By Staff reporter | Published: 18 February 2015
The Industrial index further went down by 0.20 points (or 0.12 percent) to close at 168.53 points, as trading activity on the bourse remained low.Natfoods lost 10 cents to trade at 310 cents and giant...
By Staff reporter | Published: 18 February 2015
Medium cap stocks outperformed their blue-chip counterparts on the Zimbabwe Stock Exchange (ZSE) last year with the trend expected to continue through the current year if macro-economic fundamentals d...
By Tawanda Musarurwa | Published: 18 February 2015
Kingdom Bank Africa Limited (KBAL) owned by prominent businessman Nigel Chanakira has been placed under curatorship in Botswana.The offshore outfit is said to be teetering on the brink of collapse acc...
By Staff reporter | Published: 18 February 2015
Harare - Living conditions for most Zimbabweans have taken a turn for the worst, a FinScope survey has shown.According to the FinScope Consumer Survey Zimbabwe 2014, 44% of Zimbabweans say they had to...
By Staff reporter | Published: 18 February 2015
The Zimbabwe Revenue Authority (ZIMRA) has failed to collect over $1 billion in taxes since 2009 and if it had not opted for voluntary compliance many companies would have folded operations. Speaking ...
By Nelson Gahadza | Published: 18 February 2015
POWERSPEED Electrical Ltd's turnover for the four months to January is ahead on the same period last year while trading is in line with expectations although operating circumstances are difficult for ...
By the herald | Published: 18 February 2015
Cell C Pty Ltd. is exploring options for the third-largest South African wireless carrier including a possible sale to domestic competitors, according to two people familiar with the matter.Cell C, wh...
By Bloomberg | Published: 18 February 2015
LOW-COST airline, Fly Africa, is set to introduce the Bulawayo-Johannesburg route next month as part of its expansion programme aimed at servicing more routes on the African continent.The airline is a...
By Business Reporter | Published: 18 February 2015
AN estimated 70 percent of the country's population prefers keeping its money under "pillows and mattresses despite the increase in financial inclusion mainly driven by mobile money platform, the FinS...
By Staff reporter | Published: 18 February 2015
We note with pleasure the signing of a $270 million deal for the National Indicative Programme (Nip) between Zimbabwe and the European Union (EU) yesterday.The deal is targeted at supporting agricultu...
By Staff reporter | Published: 17 February 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
