The country's trade deficit narrowed to $1,76 billion in the six months to June from $2,37 billion last year, a decrease of 25,74 percent.Latest data from ZimStat shows that imports amounted to $2,99 ...
By Fiona Chigwida | Published: 21 July 2014
Saving is the process of setting aside a portion of current income for future use. The resources accumulated in this way over a given period of time are referred to as "savings”. Savings may take th...
By Sanderson Abel | Published: 21 July 2014
CALEDONIA Mining Corp said gold production at its Zimbabwean unit, Blanket Mine, rose in the quarter to June but the group has revised downwards the projected output for 2014.Production at Blank...
By Business Reporter | Published: 21 July 2014
Almost a year after Zanu-PF romped to victory in an election marred by irregularities and claims of vote rigging, the ruling party appears at sea as to how to go about revamping the economy.And since ...
By Staff reporter | Published: 15 July 2014
Telecel Zimbabwe (Private) Limited management has denied claims that its suspended chairperson Jane Mutasa is still a shareholder.This follows a court application by the businesswoman demanding compan...
By Staff reporter | Published: 15 July 2014
The Zimbabwe Mining Development Corporation (ZMDC) is considering undertaking feasibility studies to ascertain the viability of open cast oxide ore mining at its Zvishavane-based Sabi Gold Mine at an ...
By Staff reporter | Published: 15 July 2014
Power utility company Zesa Holdings is owed over $400 million with the major chunk of the debt held by domestic consumers who received a blanket amnesty just before the harmonised polls last year, par...
By Staff reporter | Published: 15 July 2014
The International Monetary Fund (IMF) says it would be hard to see a vigorous economic recovery in 2014 due to the weak economic momentum coming out of 2013.The Bretton Wood institution pr...
By Staff reporter | Published: 15 July 2014
Emirates Airlines has increased its economy class checked baggage allowance by a third, bringing it into line with the business class offering.The generous 40kg economy class baggage allowance, increa...
By Staff reporter | Published: 15 July 2014
Bindura Nickel Corporation (BNC) Limited says it requires about $26 million to restart its smelter project, expected to improve payability and profits.Speaking at an analyst briefing on Monday, BNC fi...
By Staff reporter | Published: 15 July 2014
Zesa Holdings will for the next 10 months be exporting power to Namibia as part of settling the $40m debt acquired from NamPower in 2009.Zesa Holdings chief executive Josh Chifamba told the parliament...
By Staff reporter | Published: 15 July 2014
CAR Manufacturer General Motors South Africa has identified Zimbabwe as one of its key growth markets in Africa as it targets increasing new vehicle sales on the continent.GMSA vice president for oper...
By Arnold Mutemi | Published: 15 July 2014
Stockbroking firms are set to take a marginal knock in brokerage fees to make way for the central securities depository levy but overall total costs for buying and selling on the Zimbabwe Stock Exchan...
By Staff reporter | Published: 15 July 2014
TOTAL costs of transacting on the Zimbabwe Stock Exchange have dropped marginally to 4,19 percent from 4,21 percent, according to new charges gazetted by the Ministry of Finance and Economic Developme...
By Staff reporter | Published: 15 July 2014
OVER 2,500 workers lost their jobs during the first six months of the year as the tight liquidity situation continues to affect the economy.Zimbabwe Congress of Trade Unions (ZCTU) secretary-general J...
By Oliver Kazunga | Published: 15 July 2014
The planned resumption of the Harare-Kariba-Victoria falls flight by Air Zimbabwe is a positive development towards the enhancement of business and internal distribution of tourists, an official has s...
By Charity Ruzvidzo | Published: 15 July 2014
BINDURA Nickel Corporation's long road to recovery, which included five difficult years under care and maintenance, culminated in a strong return to profitability, thanks in part to the firming intern...
By Staff reporter | Published: 15 July 2014
LOW-COST airline Fly Africa, which begins plying the Victoria Falls-Johannesburg route tomorrow, is eyeing local routes as well, officials have said.The airline is a partnership between the Professor ...
By Leonard Ncube | Published: 15 July 2014
Zimbabwe will from September 27 to October 2, 2014, host the Insurance Congress of Developing Countries, in Victoria Falls at the Elephant Hills Resort.The congress which is being held under the theme...
By Staff reporter | Published: 15 July 2014
Cimas Medical Aid Society is currently sending out every week about 9 000 new colour coded membership cards with photographs that are designed to reduce the number of fraudulent claims.The society est...
By Staff reporter | Published: 15 July 2014
Gwanda-based gold miner Duration Gold will introduce strict cost cutting measures to improve efficiencies to counter the fluctuation of gold prices on the international market.The move comes after the...
By Tinashe Makichi | Published: 15 July 2014
The Standards Association of Zimbabwe will soon compile a draft report on findings from stakeholder consultations that will guide crafting of legislation requiring compulsory testing of all products f...
By Golden Sibanda | Published: 15 July 2014
OVER 90 percent of exhibition space at this year's Mining, Engineering and Transport (Mine Entra) exhibition has been taken up with several international exhibitors set to grace the event.The 19th edi...
By Oliver Kazunga | Published: 15 July 2014
ABOUT 40 investors have submitted bids to undertake a wider range of business activities at the Agricultural and Rural Development Authority through Public Private Partnerships.Business plans were rec...
By Staff reporter | Published: 15 July 2014
ECONOMIC commentators say the performance of the banking sector in the first quarter was satisfactory given the prevailing challenges the country is facing.The Reserve Bank of Zimbabwe, in its banking...
By Staff reporter | Published: 15 July 2014
Mozambique tops labour migration into Zimbabwe 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe's July inflation shows mixed trends 
Mohadi tours Dinson steel plant 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
