ZIMBABWE experienced a 17,69 percent deficit on its total domestic and commercial electricity requirements during the eight months to August 2013, official industry data has shown.The magnitude implie...
By Business Reporter | Published: 30 September 2013
The slow pace of adoption of mobile-based payment systems by the banking sector has exacerbated the current challenges being faced by the financial sector in delivering their mandate, Bankers' Associa...
By Business Reporter | Published: 30 September 2013
THE acute liquidity crunch on the market has had a major impact on construction projects, despite Masimba Holdings acquiring a record order book.The company's confirmed order book for the period ended...
By Staff reporter | Published: 30 September 2013
ZIMBABWE must limit imports as the year progresses to reduce the current high trade deficit, the African Development Bank (AfDB) has recommended in its latest Zimbabwe Monthly Economic Report.The redu...
By Staff reporter | Published: 30 September 2013
ZSE-listed conglomerate, Starafrica Corporation has said that it plans to dispose of two of its investments by the end of November this year as it seeks to pay-off creditors.Shareholders approved the ...
By Staff reporter | Published: 30 September 2013
Government says the country's external debt estimated at over $8 billion remains a major threat to the growth of the economy.With the recently sworn in cabinet beginning to direct energies towards the...
By Staff reporter | Published: 27 September 2013
Platinum mining company, Zimplats, says it has committed itself to ensure that 60 percent of its supplier expenditure is directed to locals to contribute to the economic development of the country.In ...
By Staff reporter | Published: 27 September 2013
Government is expected to unveil a Sovereign Wealth Fund aimed at raising capital from internal resources to sustain economic requirements.The establishment of the fund is also expected to solve depen...
By Business reporter | Published: 27 September 2013
Ottawa - BlackBerry said Friday that it lost $965m in the past quarter, confirming preliminary figures showing a rapidly eroding picture for the Canadian smartphone maker.The company, which had given ...
By AFP | Published: 27 September 2013
The just ended 9th East and Southern African Dairy Associations (Esada) conference and exhibition has set a record for registering the highest number of delegates in the history of the organisation.Fo...
By Staff reporter | Published: 27 September 2013
Successful tobacco farming in Zimbabwe can easily improve the food security situation in this country as it is linked to growing other crops in rotation with the cash crop, British American Tobacco Zi...
By Staff reporter | Published: 27 September 2013
The Eighth Parliament of Zimbabwe is expected to expedite debate on the Public, Private Partnership Bill which if passed into law will spearhead the mobilization of resources for critical programmes o...
By Staff reporter | Published: 27 September 2013
Timber producer Border Timbers recorded a $1,2 million in profits for the year ending June 30, 2013 representing a 35 percent decline from the same period last year.The decline in profit came on the b...
By Staff reporter | Published: 27 September 2013
INSURER ZimRe Holdings Limited recorded an awesome 209 percent growth in profitability in the interim to June 2013 to overturn a $1,4 million half year loss in 2012 to a US$1,5 million profit.The Zimb...
By Staff reporter | Published: 27 September 2013
The Bankers Association of Zimbabwe (BAZ) has taken a swipe at the current collective job action and picketing by the Zimbabwe Banks and Allied Workers Union saying that the trade union is in breach o...
By Staff reporter | Published: 27 September 2013
Former Mines and Mining Development permanent secretary Prince Mupazviriho has been appointed to the board of the Dubai Diamond Exchange (DDE), one of the world leading precious stones trading platfor...
By Staff reporter | Published: 27 September 2013
Anglo American Platinum confirmed on Friday that members of the Association of Mineworkers and Construction Union (Amcu) at its operations in Rustenburg and the North of the Pilanesburg have embark...
By Staff reporter | Published: 27 September 2013
A special deal of 5 million Delta shares pushed through at 120c by brokers Imara highlighted trading on the ZSE on Friday and drove the daily market turnover to $6,388 million, its best September as I...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited CEO Canada Malunga told an analyst briefing yesterday that the Group is engaging the government on products movement in the region as the group is facing stiff competition fro...
By Staff reporter | Published: 27 September 2013
Financial Highlights:- Revenue: $ 24 122 232- Gross profit: $ 1 799 285- Operating profit: $ 5 317 761- Profit for the year: $ 1 192 325- Dividend: Nil- Total comprehensive income for the year: $ 1 19...
By BRDR | Published: 27 September 2013
Financial Highlights:- Total revenue: $ 24 745 431- Operating profit: $ 1 622 977- Profit before share of associates: $ 1 953 181- Profit before tax: $ 2 287 826- Profit for the period: $ 1 561 412- D...
By ZIMR | Published: 27 September 2013
Johannesburg - Vodacom Group [JSE:VOD] is in talks to buy Tata Communications' stake in South African telecoms operator Neotel for more than R5bn, Bloomberg reported on Friday, citing a person familia...
By Reuters | Published: 27 September 2013
Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the Best International Airline at the Association of Zimbabwe Travel Agents (AZTA) Awards held in Harare last week (Septembe...
By Staff reporter | Published: 27 September 2013
JOHANNESBURG - SOUTH Africa gave Zimbabwe $93 million worth of aid between 2005 and 2011, according to the United Kingdom and Africa-based non-governmental organisation Development Initiatives' inaugu...
By Staff reporter | Published: 27 September 2013
Agile Financial Technologies, a leading software provider for insurance, banking and financial services sectors, announced that it has won the contract to deploy Agilis Core General Insurance software...
By Business reporter | Published: 27 September 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
