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
The Ministry of Mines and Mining Development will host the second Zimbabwe Diamond Conference later this year with Minister Walter Chidhakwa expected to officiate at the event.The conference will be h...
By Staff reporter | Published: 14 June 2014
Blue Ribbon Foods resumed operations on the maize line last week after securing a supply agreement for raw materials with a Mutare-based company. A source familiar with the development said operations...
By Staff reporter | Published: 14 June 2014
FERROCHROME producer, Zimbabwe Alloys has shortlisted four investors, among them AfroChine Smelting to acquire the majority stake in the company, a source has said.An audit and advisory firm, Grant Th...
By Staff reporter | Published: 14 June 2014
Youth, Indigenisation and Empowerment Minister Francis Nhema is satisfied with results of the Indigenisation and Economic Empowerment Act since its inception saying investors are now warming up to the...
By Staff reporter | Published: 14 June 2014
Qatar Airways will soon introduce flights to Harare, initially flying into Zimbabwe three times a week, the new envoy from the oil rich country said last Thursday. Qatar's new ambassador to Zimbabwe, ...
By New Ziana. | Published: 14 June 2014
Virginia tobacco deliveries have surpassed the 185 million kilogrammes target set for this year with indications that the figure could reach 200 million kg before the marketing season ends.Tobacco Ind...
By Staff reporter | Published: 14 June 2014
The Insurance and Pensions Commission has reviewed assets that insurance companies can use for the purposes of calculating capital. This follows findings by the commission that some insurers had been ...
By Walter Muchinguri | Published: 14 June 2014
ZIMBABWE'S exports to the Southern African Development Community region rose by 113 percent from 2009 to 2013, according to the Zimbabwe National Statistics Agency.Exports reached about $3,2 billion l...
By Martin Kadzere | Published: 14 June 2014
The Local Authorities Pension Fund is owed in excess of $100 million by local authorities across the country, which has seen it failing to make pension payments during the past 10 months.LAPF chief ex...
By Walter Muchinguri | Published: 14 June 2014
South African entrepreneur, Andrew Robinson backed by a group of private equity funds, could invest a staggering $100 million on prime assets available at a discount in the country.Mr Robinson is expe...
By Business Reporter | Published: 14 June 2014
OK Zimbabwe intends to refurbish six stores across the country this year at a cost of $6 million, a senior official has said.The group will spend an additional $2 million on the establishment of baker...
By Tinashe Makichi | Published: 14 June 2014
Zimbabwe is never far from the headlines of South African newspapers. This is understandable. We have close ties to our northern neighbour and SA has provided a home to fleeing Zimbabweans, both white...
By Andrew Robinson I BDLive | Published: 06 June 2014
Qatar Airways will soon introduce flights to Harare, initially flying into Zimbabwe three times a week, the new envoy from the oil rich country said on Thursday.Qatar's new ambassador to Zimbabwe Sale...
By New Ziana | Published: 06 June 2014
The National Social Security Authority has been given the green light to attach Tetrad Bank property to recover nearly $5 million owed to it by the embattled bank.The bank, which is reeling under a se...
By Herald | Published: 06 June 2014
Zimbabwe has so far sold tobacco worth $582,8 million as the 2014 selling season target of 180 million kilogrammes has been exceeded.Latest figures from the Tobacco Marketing Industry Board (TIMB) sho...
By Staff reporter | Published: 06 June 2014
Zimbabwe may introduce a levy on foreign and white-owned companies to pay for the training of unemployed black Zimbabweans, Indigenisation Minister Francis Nhema said.The southern African nation has s...
By Bloomberg | Published: 06 June 2014
Listed sugar manufacturer Star Africa appears to be struggling to dispose of its investments in Tongaat Hulett Botswana and BlueStar Logistics.In its latest update on the matter, the company said: "Ea...
By Staff reporter | Published: 06 June 2014
Giant retailer OK Zimbabwe yesterday reported a decline in profitability for FY2014 as overheads increased and deflationary pressures weighed heavy.Profit for the year ended March 31, 2014 amounted to...
By Staff reporter | Published: 06 June 2014
ZSE shares ended the week in the positive territory sustained by gains h selected heavyweights while volumes remained pathetic.The Industrials Index gained 1.54 points or 0.87% to 178.58 points after ...
By zfn | Published: 06 June 2014
Lafarge's volumes for the first four months of the year went down about 13% compared with the same period last year although 2% higher than the last quarter of 2013, MD Amal Tantawi told the AGM today...
By zfn | Published: 06 June 2014
OK Zimbabwe is looking at operating their own bakeries as they vie for better margins after recording 0.8% revenue growth and 0.2% gross margins decline for the year ended 31 March 2014, group CEO Wil...
By Staff reporter | Published: 06 June 2014
Financial Highlights:- Revenue: $ 483 660 043- Profit before taxation: $ 13 413 591- Profit for the year: $ 9 685 412- Dividend per share: 0.22 US cents- Total comprehensive income for the year: $ 9 6...
By OKZ | Published: 06 June 2014
Financial Highlights- Revenue: $ 14 091 000- Gross profit: $ 4 396 000- Operating loss before interest and tax: $ (224 000)- Loss before tax from continuing operations: $ (978 000)- Loss after tax fro...
By ARTD | Published: 06 June 2014
Financial Highlights:- Total revenue: $ 69 362 760- Operating profit: $ 1 700 439- Profit before tax: $ 2 335 429- Profit for the year: $ 1 478 904- Dividend: Nil- Total comprehensive income for the p...
By ZIMR | Published: 06 June 2014
90,000 Zimbabweans in SA apply for exemption permits 
South Africa's debt-to-GDP ratio worsens under Ramaphosa 
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
