ZIMRE reported a respectable set of results as operating profit significantly increased to $1.6m from a loss of $1.1m in the prior period. Profit before tax for the group improved from a loss of $1.4...
By Staff reporter | Published: 27 September 2013
Pursuant to the passing of the Scheme of Arrangement, Starafrica has published an update. Negotiations with potential buyers of Starafrica's investment in Tongaat Hulett Botswana and Bluestar Logistic...
By Staff reporter | Published: 27 September 2013
Masimba Holdings Limited reported a set of flat numbers with revenue going up 2.2% to $44m on the back of a 66% contribution from Construction and 34% contribution from Manufacturing. Compared to the ...
By Staff reporter | Published: 27 September 2013
CBZ Holdings is offering a Nil Cost Dealing Facility (NCDF) to shareholders with shareholding not exceeding 5,000 shares. The facility is targeting 9,888 shareholders and 7,710,510 shares. The NCDF w...
By Staff reporter | Published: 27 September 2013
Zimbabwe's mining sector has a the potential to boost national economic activity given that it has grown by 35 percent in the period 2009 to 2011 with its contribution to Gross Domestic Product risin...
By Staff reporterq | Published: 26 September 2013
The expansion of Eco-Cash operations is an indication that mobile financial services are increasingly being adopted by the greater part of the population in the country.Mobile financial services have ...
By Staff reporter | Published: 26 September 2013
TelOne has embarked on the transformation of its service centres countrywide into one stop convenient shops.Speaking to journalists on the sidelines of the official opening of TelOne's first one stop ...
By Staff reporter | Published: 26 September 2013
Reserve Bank of Zimbabwe has disposed 49 percent of its 63 percent stake in the Astra industries to a Japanese paint manufacturing giant Kansai Plascon in a deal worth $5,5million.The disposal is part...
By Staff reporter | Published: 26 September 2013
The explosion of social media over the past half-decade or so has seemed to touch almost every aspect of our lives. Networking, be it for business or pleasure, was surely one of the first areas to fee...
By Regenesys | Published: 26 September 2013
ZSE shares remained in the positive territory on Thursday with Industrials extending their rising streak to 8 consecutive days as daily market turnover jumped to $4,056 million spurred by significant ...
By Staff reporter | Published: 26 September 2013
Padenga CE Gary Sharp told an analyst briefing this morning that the Group will focus on increasing throughput at the skinning service plant and the meat plant while sale of alligator skins will more ...
By Staff reporter | Published: 26 September 2013
THE Industrial Development Corporation (IDC) has failed to recover $71 million from the Romanian government 14 years after the IDC partnered the European country in a glass-manufacturing deal that f...
By Business Reporter | Published: 26 September 2013
Zimpapers released a decent set of results with a 14% growth in revenue to $22.4m. The gross profit increased by 21% to $16.5m on efficient purchasing of critical raw materials mainly newsprint and i...
By Staff reporter | Published: 26 September 2013
Padenga Holdings Limited posted a muted set of financials as the culling of the Niloticus was delayed in order for the operation to realise best quality skins. Nonetheless, the business fundamentals ...
By Staff reporter | Published: 26 September 2013
FOREIGN investors have put $360 million on the Zimbabwe Stock Exchange (ZSE) since the switch to multi-currencies in 2009, the biggest ever form of foreign direct investment the country has received d...
By Staff reporter | Published: 26 September 2013
KWEKWE based dairy concern, Dendairy, has invested $6 million in the purchase of a tetrapak plant which will see the company becoming the first local dairy firm to introduce long shelf-life milk on th...
By Staff reporter | Published: 26 September 2013
Food security, decent housing, health and access to clean water are more pressing issues than the mere ownership of shares.I continue to try to have as many conversations as I can around this very imp...
By Vince Musewe | Published: 26 September 2013
Financial Highlights:- Revenue: $ 11 053 990- Operating loss: $ (521 936)- Profit before interest and tax: $ 7 535 638- Profit before tax: $ 7 066 128- Profit for the period: $ 5 389 162- Dividend: Ni...
By Padenga | Published: 26 September 2013
Financial Highlights:- Revenue: $ 22 364 204- Gross profit: $ 16 473 451- Operating expenses: $ (16 241 867)- Profit from operations: $ 1 025 409- Profit before tax: $ 503 471- Profit for the period: ...
By ZIMP | Published: 26 September 2013
Zimbabwe needs to implement friendly policies to attract investors in the capital intensive sectors, newly appointed Mines minister Walter Chidhakwa has said.Chidhakwa told delegates attending the 5t...
By Staff reporter | Published: 26 September 2013
THE European Union officially lifted its trade embargo on the Zimbabwe Mining Development Corporation (ZMDC) with effect from yesterday, paving way for the export of diamonds from Marange Diamond Fiel...
By Staff reporter | Published: 26 September 2013
Fresh details of the leadership crisis at Air Zimbabwe have emerged, with forensic auditors exposing possible manipulation of aviation insurance policies by past and present bosses, which could have p...
By Staff reporter | Published: 26 September 2013
There is potential for conflict of interest at NMB arising from the fact that one of the major shareholders sits on its board of directors despite having a vested interest in some of the transactions...
By Staff reporter | Published: 26 September 2013
Zimbabwe's short-term non-life insurance industry has recorded a 7.56% increase in gross premiums to $117. 8 million for the 6 months ended June 30, 2013 due to growth in volumes of business gen...
By Staff reporter | Published: 26 September 2013
CBZ Bank Limited has secured a $100 million medium term line of credit from the African Export and Import Bank to support agriculture and related infrastructure projects in the sector for the 2013/4 f...
By Staff reporter | Published: 26 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
