Latest News

MINING & RETAIL

New Dawn to hold Special Meeting of Shareholders

New Dawn Mining Corp has scheduled a Special Meeting of its Shareholders for October 31, 2013 to consider and, if thought advisable, approve special resolutions (the "Proposals") authorizing the Compa...

By Staff reporter | Published: 20 September 2013

TELECOMS & TECHNOLOGY

EcoCash expected to drive share value

ECONET Wireless Zimbabwe Ltd's mobile money transfer service EcoCash is expected to drive share value and company growth going forward, a top executive said.Econet's deputy finance director Roy Chiman...

By staff reporter | Published: 20 September 2013

POLITICS

Zim diamondgate $6m bribery scandal deepens

A TOTAL of US$100 million was initially at stake in the controversial diamond mining deal which has angered President Robert Mugabe who this week took an unprecedented step to publicly accuse former Z...

By Staff reporter | Published: 20 September 2013

MINING & RETAIL

BNC places 10% to creditors

Bindura Nickel Corporation shareholders have approved the conversion of some of the mining group's liabilities into equity in a move that will see the company placing shares translating to a 10% stake...

By Business reporter | Published: 20 September 2013

INDUSTRIALS & ENERGY

Meikles forced to retrench 55 workers

MEIKLES LIMITED is reviewing the trading model for its departmental retail unit, Meikles Stores, which has been forced to retrench 55 workers due to viability challenges.The bid to cut costs by reduci...

By Business reporter | Published: 20 September 2013

BUSINESS NEWS

Green Fuel promises to raise $2m for agric support

Green Fuel, the joint venture company between Arda, Macdom Investments and Rating, will be able to raise $2 million to fund the 2013/4 agricultural season if government increases levels of mandatory b...

By Staff reporter | Published: 20 September 2013

OPINION

Invest in your financial knowledge

It's no secret - finance is not everybody's strong-suit. Many of us prefer to tune out whenever numbers and figures are mentioned and hope that our strong, creative business ideas will carry us throug...

By Regenesys | Published: 19 September 2013

OPINION

Consumer credit driving consumer expenditure

Introduction of the multi-currency regime evidently brought stability in the country and also boosted consumer confidence.In as much as multi-currencies regime are a significant contributor to the dr...

By Staff reporter | Published: 19 September 2013

ZIMBABWE

ZSE opens bid for exchange's automation

Zimbabwe Stock Exchange has opened bids for vendors who want to supply hardware and software for the automation of the exchange scheduled for completion before the end of this year.In a statement, ZSE...

By Staff reporter | Published: 19 September 2013

FINANCIAL SERVICES

Microfinance wholesale facility disbursed $2.5m

The Zimbabwe Microfinance Wholesale Facility has disbursed loans worth at least $2,5 million to Micro Finance Institutions for on-lending to small businesses and the economically active poor since i...

By New Ziana | Published: 19 September 2013

Zim to host inaugural African Marketing Summit

Zimbabwe has won another opportunity to host a high profile event that is set to bring in more recognition to the country as marketers will host the inaugural African Marketing Summit in the country n...

By Staff reporter | Published: 19 September 2013

TELECOMS & TECHNOLOGY

Liquid Telecom signs partnership agreement with Tanzania firm

Liquid Telecom Group has expanded its fibre link to East Africa resulting in it becoming the first wholesale carrier to connect the East African capitals of Nairobi, Dar es Salaam, Kampala and Kigali ...

By Staff reporter | Published: 19 September 2013

BUSINESS NEWS

Sanganai-Hlanganani preparations gather momentum

Preparations for the annual Sanganai Hlanganani World Travel and Tourism Africa Fair have reached an advanced stage, with over 900 exhibitors having registered to showcase their products, an official ...

By New Ziana | Published: 19 September 2013

TELECOMS & TECHNOLOGY

NetOne embarks on an aggressive expansion drive

NetOne has embarked on an aggressive mobile broadband expansion drive, commissioning several new base stations across the country and setting the mobile telephone service provider on a massive growth ...

By Staff reporter | Published: 19 September 2013

ZSE TODAY

Industrials maintain upward trend

Industrials gained for the third day on Thursday as investors bought shares in BAT, Econet and OK Zimbabwe which contributed the most on the day's positive movement.The Industrials Index gained 1.01 p...

By Staff reporter | Published: 19 September 2013

EDUCATION

KPMG 2013 IFRS, Tax & Business Seminar invite

KPMG Chartered Accountants Zimbabwe (KPMG) will be hosting its IFRS and Business seminar on 20 September 2013.The seminar is an annual event and has been running for the past 8 years. It provides a p...

By KPMG | Published: 19 September 2013

EDUCATION

KPMG to host the 2013 IFRS, Tax and Business Seminar

KPMG Chartered Accountants Zimbabwe (KPMG) will be hosting its IFRS and Business seminar on 20 September 2013. The seminar is an annual event and has been running for the past 8 years. It provides a p...

By Own correspondent | Published: 19 September 2013

MINING & RETAIL

BNC adopts new strategy after failing to raise funds

Bindura Nickel Corporation chairman Kalaa Mpinga told a BNC AGM this morning that management adopted a strategy for earlier extraction of massives totaling 6 290 tonnes nickel over a period of 18 mont...

By Staff reporter | Published: 19 September 2013

FINANCIAL SERVICES

Tetrad to introduce agriculture insurance

TETRAD Holdings insurance arm, THI Insurance, plans to introduce new insurance products to the agriculture sector soon in a bid to explore opportunities in the niche market, the company's non-executiv...

By Business Reporter | Published: 19 September 2013

JOBS

Graduate Trainees - Delta Beverages

Delta Beverages is the name behind Lagers, Sparkling Beverages, Maheu and Sorghum Beer manufacturing, marketing and distribution in Zimbabwe. An exciting opportunity has arisen for young, ambitious an...

By Delta | Published: 19 September 2013

LANDS & AGRICULTURE

Aico Africa suspends soya beans projects

ZSE-listed agricultural concern Aico Africa Limited has suspended contracting soya bean farmers  after the company lost more than $1 million through side marketing, a company official has said.In...

By Staff reporter | Published: 19 September 2013

LATEST PUBLISHED REPORTS

EDGR | Unaudited results for HY ended 06 Jul 13

Financial Highlights:- Revenue: $ 28 694 924- Gross profit: $ 12 975 207- Trading profit: $ 2 454 915- Profit before tax: $ 1 612 287- Profit for the period: $ 1 097 177- Dividend: Nil- Total comprehe...

By Edgars | Published: 19 September 2013

BUSINESS NEWS

ZSE Tender Notice | Supply and Installation of ATS

The Zimbabwe Stock Exchange (ZSE) intends to automate its trading activities in order to match international norms and standards of operation in terms of efficiency, transparency, fairness and cost e...

By Staff reporter | Published: 19 September 2013

BUSINESS NEWS

Bulawayo investment conference on the cards

A LOCAL business pressure group, Bulawayo Business Arise (BBA) has lined up an investment conference to help address challenges besetting the industry in the city.The conference, slated for November, ...

By Staff reporter | Published: 19 September 2013

POLITICS

Zimbabwe diamond gate explodes

Chairman of diamond-mining company Gye Nyame resources (GNR) at the centre of a $6 million scandal Manson Mnaba yesterday disclosed that Ghanaian investor William Ato Essien brought $5 million cash in...

By Staff reporter | Published: 19 September 2013

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