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
RAINBOW Tourism Group local operations' revenue for the four months to April increased to $8,2 million helping the hospitality company record a 7 percent jump to $8,7 million over the same period last...
By Conrad Mwanawashe | Published: 14 June 2014
ECONET Wireless, in partnership with international money transfer service, WorldRemit, has launched a service which enables customers to receive money from outside the country directly on mobile phone...
By Staff reporter | Published: 14 June 2014
British American Tobacco Plc plans to invest more capital towards its Zimbabwean business despite earlier reports that the company is planning to divest its business operations, a company official has...
By Tinashe Makichi | Published: 14 June 2014
SCHWEPPES Zimbabwe has acquired 100 percent stake of Beitbridge Juicing Co in a vertical integration move that will see the beverage company strengthening its supply chain by taking control of a key r...
By Martin Kadzere | Published: 14 June 2014
OK Zimbabwe last week reported March results which showed declining profitability and flat revenue growth. Chief executive Mr Willard Zireva recognised the factors affecting the operating environment....
By Staff reporter | Published: 14 June 2014
90,000 Zimbabweans in SA apply for exemption permits 
The JSE is shrinking 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Tobacco, gold dominate Zimbabwe's exports 
Namib Minerals injects US$300m to revive Zimbabwe mine 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
