STATE-OWNED telecommunications company TelOne says its new broadband via satellite product will contribute at least $5 million to company's annual revenue within a year.The launch of the new product, ...
By Staff reporter | Published: 16 June 2014
THE capital markets need to be reformed to attract investors thereby resuscitating the productive sectors, Finance and Economic Development minister Patrick Chinamasa said on Friday.Chinamasa said the...
By Staff reporter | Published: 16 June 2014
LONDON- PayPal is entering 10 new countries this week, including Zimbabwe, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud.Rup...
By Staff reporter | Published: 16 June 2014
Zimbabwe's deflation softened with the annual inflation rate gaining 0,07 percentage points to minus 0,19 percent in May on the back of a rise in revenue inflows from tobacco export receipts.According...
By Staff reporter | Published: 16 June 2014
Chengetedzai Depository is expected to launch the nation's first central securities depository (CSD) this month following the firm's commencement of opening accounts with stock brokers and custodians....
By Staff reporter | Published: 16 June 2014
AIM-listed resources and development company African Consolidated Resources (ACR) is set to acquire Falgold's mothballed Dalny gold mine for $8 million.ACR is currently undertaking due diligence on th...
By Tawanda Musarurwa | Published: 16 June 2014
The equities market has begun the week on a positive note, rising 0.17 percent in today's trades to notch a fifth consecutive gain.The Industrial Index pushed up 0.31 points to settle at 181.05 points...
By Staff reporter | Published: 16 June 2014
THE Zimbabwe Stock Exchange (ZSE) will establish a regulated platform for the issuance and trading of both Government and corporate bonds as local financial markets continue to mature.Although the pro...
By Staff reporter | Published: 16 June 2014
DEPOSITORS are currently struggling to retrieve their money from a $15 million black hole created after the collapse of three banks - Trust Banking Corporation, Genesis Investment Bank and Royal Bank....
By Business Reporter | Published: 16 June 2014
OK ZimZIMBABWE Stock Exchange (ZSE)-listed retail giant OK Zimbabwe has handled over R22 million through its mobile money transfer service, FNB Zimbabwe Money Transfer, since the launch of its facilit...
By Enacy Mapakame | Published: 16 June 2014
GWERU-based cement manufacturer Sino Zimbabwe Cement Company (SZCC) sales have dropped by 8 percent in the first half of the year, a development attributed to low activity in the construction industry...
By Lovemore Zigara | Published: 16 June 2014
Finance and Economic Development Minister Patrick Chinamasa says poor corporate disclosures and failure by companies to embrace international best practices has made the Zimbabwe Stock Exchange (ZSE) ...
By Nelson Gahadza | Published: 16 June 2014
ZIMBABWE'S gold production fell 8 percent to 5 500 kilogrammes in the five months to May from a year earlier, according to figures obtained from the Chamber of Mines.Gold mined during the period was 5...
By Martin Kadzere | Published: 16 June 2014
A SHIFT towards retail trading paid off for Powerspeed Electrical with the company recording a nine percent growth in turnover for the six months ended March 2014.Turnover for Powerspeed Electrical fo...
By Staff reporter | Published: 16 June 2014
Financial Highlights:- Revenue: $ 16 569 360- Gross profit: $ 5 103 139- Operating expenses: $ (4 421 810)- Operating profit: $ 841 757- Profit before taxation: $ 553 299- Profit after taxation: $ 410...
By PWS | Published: 14 June 2014
When you put public sector and entrepreneur in the same sentence it is tempting to think of tenderpreneurs or corrupt officials who run businesses on the side. This article highlights the emerging ide...
By Regenesys | Published: 14 June 2014
The Competitions and Tariffs and Commission has started gathering information, which may result in a fully fledged investigation on alleged uncompetitive behaviour by Econet Wireless.CTC has arranged ...
By Tinashe Makichi | Published: 14 June 2014
THE China-Africa Development Fund, China's largest private equity fund focusing on African investments, has moved to buy a significant shareholding in Cottco Holdings Ltd through its wholly-owned subs...
By Martin Kadzere | Published: 14 June 2014
Government is consulting international experts in its quest to successfully implement special economic zones and come up with models that fit the country's current economic situation.Industry and Comm...
By Tinashe Makichi | Published: 14 June 2014
THE World Bank has cut Zimbabwe's economic growth rate forecasts to just 2 percent on mounting evidence of weak foreign direct investment, liquidity constraints and lack of policy clarity.It has...
By Staff reporter | Published: 14 June 2014
Zimbabwe's $300 million debt to the European Investment Bank is hindering the release of new loans to the country's private sector, a senior EIB official has said. EIB head of division for Southern Af...
By Staff reporter | Published: 14 June 2014
Econet Wireless is implementing a highly advanced call centre system which will enable its contact centre operators to monitor feedback and conversations on both social network and cellular communicat...
By Clara Mawere | Published: 14 June 2014
LISTED beverages giant Delta will this week launch a new yoghurt drink. The new drink consolidates Delta's continued interest in expanding its non-alcoholic portfolio and claiming an increasing share ...
By Staff reporter | Published: 14 June 2014
MWANA Africa will require at least $26,5 million to restart its smelting plant at Bindura Nickel Corporation, the Pan African mining company announced yesterday.Based on the independent study by Hatch...
By Staff reporter | Published: 14 June 2014
GOVERNMENT is targeting pension funds to help finance housing projects as it seeks to reduce the housing backlog, it has been leant. Information obtained by this newspaper indicates that Finance Minis...
By Staff reporter | Published: 14 June 2014
Zanu-PF Politburo convenes amid Tagwirei power struggle 
The JSE is shrinking 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Tobacco, gold dominate Zimbabwe's exports 
Mnangagwa orders funding for Gwayi-Shangani dam project 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
