A senior government official has complained over the way banks are handling depositors monies particularly bank charges, which he said were high and not justified.Addressing delegates at the launch of...
By Staff reporter | Published: 02 July 2014
Conflicting policies on investment and indigenisation by different government ministries and departments is confusing and scaring away both local and foreign investors, Parliament heard on Tuesday.Zim...
By Staff reporter | Published: 02 July 2014
The Zimbabwe Stock Exchange turned bullish today, moving up 0.11 percent on the back of gains in a couple of heavyweights as activity on the market remains subdued as 38 counters traded.Following toda...
By Staff reporter | Published: 02 July 2014
Four-year-old Makomo Resources in 2013 overtook Hwange Colliery Company Limited (HCCL) to become the biggest coal miner in the country, latest data from the Chamber of Mines shows.Owned 60 percent by ...
By New Ziana | Published: 02 July 2014
The Industrial Development Corporation is set to relinquish its holding of several companies following its complete overhaul.Minister of Industry and Commerce Mike Bimha told the Parliamentary Portfol...
By Staff reporter | Published: 02 July 2014
The Common Market for Eastern and Southern Africa (Comesa) is close to implementing a business visa for the region.Speaking at workshop to finalise policies and challenges hindering cross border movem...
By Lynn Murahwa and Funny Hudzerema | Published: 02 July 2014
Struggling companies that have been failing to meet requirements to access the Distresses Industries and Marginalised Areas Fund (DIMAF) will be relieved following indications that Old Mutual has agre...
By Staff reporter | Published: 02 July 2014
Government will not consider using the country's mineral resources as leverage to mobilise funds needed to revive the economy before conducting geological surveys of the resources available, an offici...
By Staff reporter | Published: 02 July 2014
The Securities and Exchange Commission of Zimbabwe (SECz) has applied for Inter-national Organization of Securities Commission (IOSCO) membership to align local capital markets regulatory and supervis...
By Staff reporter | Published: 02 July 2014
Mobile network operator, Telecel says it has begun a fibre deployment project which will see the company laying its own optical fibre cable to avail more high capacity data provisioning for the networ...
By Francis Chimanda | Published: 02 July 2014
TROUBLED Bulawayo firm Marvo Stationery Manufacturers has paid its workers $10 each after going for 18 months without salaries, it emerged yesterday.The disgruntled workers told Southern Eye Business,...
By Staff reporter | Published: 02 July 2014
Mine minister Walter Chidhakwa yesterday retained faith in Farai Mtamangira's Hwange Colliery Company Limited (HCCL) board amid expectations that the second largest shareholder Nicolas Van Hoogstraten...
By Staff reporter | Published: 02 July 2014
Financial Highlights:- Revenue: $ 384 308 000- Non trading income: $ 48 880 000- Profit before tax: $ 37 499 000- Profit for the year from continuing operations: $ 37 179 000- Profit for the year: $ 3...
By MEIK | Published: 02 July 2014
Financial Highlights:- Revenue: $ 25 324 090- Profit from operations: $ 5 534 022- Profit before tax: $ 5 000 638- Profit for the period: $ 3 531 170- Dividend: Nil- Total comprehensive income: 3 518 ...
By TSL | Published: 02 July 2014
The industrial index slipped 0,07 points (0,04%) to close at 186,49 points at yesterday's trading. Zimplow lost a hefty 7,50 cents to trade at 5 cents whilst Innscor and Old Mutual dropped 2 cents eac...
By Staff reporter | Published: 02 July 2014
ZIMBABWE's economy is not anywhere near collapsing, with the liquidity challenges being experienced not as tight and gloomy as some quarters would want to potray, Reserve Bank of Zimbabwe Governor Dr ...
By Conrad Mwanawashe | Published: 02 July 2014
MOST foreign-owned firms and weak cash movement laws in Zimbabwe could be blamed for the tight liquidity conditions prevailing in the economy, analysts have said.Analysts said Zimbabwe was now like a ...
By Staff reporter | Published: 02 July 2014
THE Agricultural Marketing Authority (AMA) has issued $55 million bills to raise money to fund the purchase of about 250,000 metric tonnes of grain from the 2013/14 season.The authority was establishe...
By Oliver Kazunga | Published: 02 July 2014
Zimbabwe's economy is on the verge of recession, with low consumer demand and a liquidity crunch putting its businesses under strain.Against this backdrop, Finance Minister Patrick Chinamasa tells Pau...
By The Banker | Published: 02 July 2014
TOTAL banking deposits have marginally improved to $4,82 billion as of March 31, 2014 from $4,73 billion last year, the Reserve Bank of Zimbabwe has said.In a report for the quarter ending March 31, 2...
By Oliver Kazunga | Published: 02 July 2014
Government and its technical partners have established a technical team to collect Foreign Direct Investment statistics in the country, an official has said. The Zimbabwe Investment Authority chief ex...
By Conrad Mwanawashe | Published: 02 July 2014
Financial institutions are a major source of funding that individual and organisations can borrow to finance personal and business issues.However, all borrowings from whatever source; banks, credit st...
By Sanderson Abel | Published: 02 July 2014
Zimre Holdings Limited is forecasting a turnover of about $150 million by the end of this year as the company targets increased earnings from the disposal of non-core and non-performing local and exte...
By Tinashe Makichi | Published: 02 July 2014
ZSE listed diversified group, Meikles Limited posted an after tax profit of $37,1 million for the full year to March 2014 from $6,5 million the prior year largely due to a huge jump in non-trading inc...
By Staff reporter | Published: 02 July 2014
HWANGE Colliery Company Ltd, the country's largest coal miner, expects to turn profitable upon commissioning of new equipment before year-end, an official said.The company has finalised the acquisitio...
By Staff reporter | Published: 02 July 2014
Mnangagwa faces political crossroads 
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
