The Hwange local Board is courting investors for the construction of a 5 star hotel as the resort town seeks to boost tourism. Hwange Local Board town secretary Ndumiso Mdlalose said a site visit for...
The Zimbabwe Stock Exchange has tendered for a legal adviser as it steps up efforts to finalise the demutualisation exercise which has been in the cards for years. In a tender notice recently, ZSE sai...
The government is expected to invite bids for potential investors to take up 49 percent stake in the Agricultural Development Bank of Zimbabwe (Agribank) to recapitalise the financial institution.In ...
On the 29th of November 2013, Zimbabwe Business Network (ZBN) launches it's inaugural Winter Trade and Investment Conference.The event,to be held at ILEC Conference Centre, Ibis London Earls Court, 47...
THE Zimbabwe Revenue Authority has appointed a senior tax official to be the liaison officer on energy issues in an effort to ensure the sector plays its optimum role in the economy. Mrs Nhlanhla Gum...
Power utility Zesa Holdings said it is awaiting the appointment of a new Energy Minister to decide whether it should also write off domestic consumers' debts, the New Ziana reported.Pressure has been ...
FORMER Old Mutual Zimbabwe chief executive Mr Luke Ngwerume and his business associates Mr Toddy Moyo and Mrs Tracey Mutaviri will get a $12 million loan from the insurance group to acquire a 3,5 perc...
Analysts have criticised President Robert Mugabe's delay in announcing a new cabinet, saying the development has intensified economic stagnation.Almost 40 days after winning the 31 July elections, the...
Industrials maintained the upward trend on Monday buoyed by the positive performance of the market's blue-chips Delta, Econet and Innscor.Buyers scrambled for shares in the top 3 counters although sus...
There was high anticipation that President Mugabe would announce his new Cabinet at the weekend but Zimbabweans were disappointed when he failed to do so raising speculation that he is struggling to c...
Concerns have been raised that South Africa could tighten screws on its policy on Zimbabwean asylum-seekers following the recent elections in that country being declared free and fair by regional pow...
Metbank Limited has snapped up a 32.1% stake in Interfresh Limited after taking up 63.7 million shares as the underwriters to the horticultural concern's poorly subscribed rights issue which closed la...
The Commercial Farmers' Union has revealed that at least $3 billion was required to rejuvenate the agricultural sector and mitigate the effects of hunger. CFU president Charles Taffs said last week ...
The Agricultural Bank of Zimbabwe (Agribank) posted a $3.7 million loss for the 6 months ended June 30, 2013 due to low levels of lending and measures introduced by the Reserve Bank. The $3.7 million...
The Confederation of Zimbabwe Industries will next month hold its annual congress in Bulawayo where several companies have closed shop or are struggling to survive due to lack of working capital and ...
FOUR mining companies in Masvingo have started fulfilling their Community Share Ownership Trust financial pledges with nearly $1 million having been paid since the official launch of the schemes earl...
AFRASIA HOLDINGS has entrenched its footprint on the Zimbabwe financial landscape and the economy in general after assuming a controlling interest in AfrAsia Kingdom Limited, which will be renamed Afr...
The Zimbabwe Banks and Allied Workers Union says it will hold pickets against Barclays Bank while continuing with those against NMB Bank after negotiations for a salary increment for non-managerial w...
Industry representative body, the Confederation of Zimbabwe Industries (CZI) says it will hold its annual congress from the 9th to the 11st of October with the need to revive the local industry high ...
TelOne says it is still pursuing various strategies in the recapitalisation drive which is aimed at upgrading the parastatal's infrastructure and improving business viability.The telecommunications fi...
TORONTO Stock Exchange-listed New Dawn says it might be forced to close its mining operations in Zimbabwe as a result of a fall in gold prices and its failure to obtain approval on an indigenisation...
The ZTA reports that increasing regional trade and commerce have contributed immensely to the growth of arrivals in the country.Zimbabwe recorded a 12 percent increase in tourist arrivals in the firs...
The Zimbabwe Tourism Authority (ZTA) has announced that registration for the 6th edition of the annual Sanganai/Hlanganani World Travel and Tourism Africa Fair has begun with eight countries already ...
Turnall Holdings Limited is set to commission a 45 000 tile-making plant next month as the company angles to dominate the market and increase capacity utilisation. The managing director, Mr John Jere...
THE second edition of the Kariba business expo and tourism show saw a decrease in the number of exhibitors and a low turnout which the organisers have attributed partly to the focus on the United vNa...