ONE of the country's oldest wooden flooring and furniture companies, Durawood Products, is set to resume full-throttle production before the end of this year after scaling down its operations in the ...
ZIMBABWE has missed a June deadline to ensure diamond revenue from Marange flows into Treasury as part of reforms under a supervised programme by the International Monetary Fund (IMF), the Standard r...
THE World Bank has said the 2014 outlook for Zimbabwe's still ailing economy remains increasingly uncertain due to a host of internal and external factors, the Standard reported.In its September Econ...
The UNWTO General assembly hosts, Zimbabwe and Zambia, are probably still patting each other on the back for a job well done and so too may many of the participants to the event.The dust from the Uni...
JOHANNESBURG - Some striking South African gold mine workers have accepted a new wage offer from producers and started returning to work Friday, a union leader said.National Union of Mineworkers (NUM...
SMALL scale gold miners have taken steps to unlock at least $35 million funding facilities from Government amid pledges for assistance from other financiers and investors.Gold Miners Association of Zi...
Zimbabwe's average hotel room occupancy levels rose by a marginal 2 percent to 41 percent during the first half of the year compared to the 39 percent recorded during the same period last year.Accord...
Diversified agro-business concern, Interfresh has managed to raise the $3 million for working capital and settling debts that it was targeting through a rights offer.The Zimbabwe Stock Exchange listed...
The Jupiter Drawing Room (Harare) has acquired local advertising agency Mawazo Brand Development.The acquisition concluded on August 1, 2013 saw Mawazo cease to operate and was subsequently incorporat...
The Postal and Telecommunications Regulatory Authority of Zimbabwe has released the Zimbabwe National Frequency Allocation Plan draft, which will set guidelines on how radio frequency spectrum will be...
Kingdom Bank founder Nigel Chanakira has disposed his 30% indirect interest in AfrAsia Kingdom Holdings Ltd that is owned by his family's investment vehicle Crustmoon Investments (Pvt) Ltd.This was r...
ZSEs mainstream Industrials see-sawed to end the week in the positive territory amid renewed interest in selected counters across the board.Buyers outnumbered sellers by 53 to 30 on the 65 active coun...
Zimbabwe Stock Exchange (ZSE) listed diversified conglomerate, National Foods says it is set to inject close to $7 million on capital expenditure as part of efforts to improve the operations of the ma...
Brussels - Belgium, centre of the global diamond trade, is demanding that the European Union lift sanctions on a Zimbabwean mining firm despite deep concerns within the bloc over alleged fraud in a J...
Essar Africa Holdings Ltd has entered into "definitive" agreements with the Zimbabwean government to revive the old Ziscosteel plant and develop an iron ore beneficiation plant in the country, busines...
Coca-Cola launched a new pocket size 350ml PET plastic bottle at the just ended Harare Agricultural Show. The brand new affordable on-the-go 350ml PET costs 70c, which is cheaper than the 330ml can wh...
Progress on the procurement of equipment for the rehabilitation and reinforcement of infrastructure in the energy and water sector has begun with some of the equipment expected in the country this mon...
FORMER Apex Corporation subsidiary Marondera Foundry's assets will today go under the hammer through public auction in Marondera to settle liabilities to various creditors. The assets will be sold in...
ZIMBABWE'S global competitiveness remained weak in a survey of the best places in the world to do business largely because of restrictive laws regarding foreign direct investments and property rights,...
Giant poultry producer, Irvines day old chicks has embarked on a programme to assist small-scale farmers to produce poultry to help them increase their cashflows and help improve nutrition in the coun...
Zimbabwe recorded a 12 percent increase in tourist arrivals in the first half of the year, according to statistics released by the Zimbabwe Tourism Authority.A total of 859 995 tourists have visited t...
CONSTRUCTION of the $145 million Hilton Hotel and office complex along Samora Machel Avenue in Eastlea is set to begin in April next year, Streamwalk Arcade director Mr Farai Jere said.Speaking at an ...
National Foods Holdings recorded an after tax profit of $13,9 million for the year ended June 30, 2013, an increase of 76 percent from the prior year due to an increased in capacity utilisation as the...
COLCOM Holdings had a disappointing first half after profit plunged 66,2 percent to $1,6 million in the interim to June 2013 weighed down by provisions and impairment of fixed assets.Chairman Robert D...
The Zimbabwe Energy Regulatory Authority has licensed Green Fuel, Zuva Petroleum, Sakunda Energy, and the National Oil and Infrastructure Company to blend E5 fuel.This comes after the authority introd...