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ZSE TODAY

ZSE Industrials reverses gains to close in the red

ZSE's Industrials were back in the red on Thursday after reversing yesterday's gains in another uninspiring trading session where only one counter managed to trade in the positive while 6 were in the ...

By Business reporter | Published: 05 September 2013

OPINION

11 Powerful processes towards inner freedom

With the current debate raging over the now notorious actions of Edward Snowden in leaking state secrets, there has been much talk over the value of freedom versus security. This week's newsletter loo...

By regenesys | Published: 05 September 2013

INDUSTRIALS & ENERGY

Innscor misses its 15% revenue growth target for FY13

Innscor Africa Limited missed its 15% revenue growth for the year ended 30 June 2013 and will be operating under an aggressive budget in FY14 with an aim of keeping the revenue growing as well as impr...

By Business reporter | Published: 05 September 2013

LANDS & AGRICULTURE

Zimplow faces debt collection challenges

Zimplow Holdings Limited Group Chief Executive Officer, Zondi Kumwenda, told an analyst briefing yesterday that Zimplow is experiencing hardships in debt collection and the bulk of their debtors are s...

By Business reporter | Published: 05 September 2013

ZIMBABWE

A World Bank economic overview of Zimbabwe's future

AS the new government takes office, the World Bank says the 2014 outlook for Zimbabwe's ailing economy is increasingly uncertain.According to the World Bank's September economic briefing, the economy ...

By Staff reporter | Published: 05 September 2013

BUSINESS NEWS

Zimbabwe Business Network to host UK trade, investment conference

THE Zimbabwe Business Network (ZBN) will in November this year host an inaugural winter trade and investment conference in United Kingdom as part of plans to improve the country's business and inves...

By Staff reporter | Published: 05 September 2013

FINANCIAL SERVICES

Cash shortage looms, banks planning to limit withdrawals

Cash shortages are said to be worsening in Harare, with reports that banks are now planning a series of measures to limit withdrawals.An investigation by SW Radio Africa indicated that some companies...

By SW Radio Africa News | Published: 05 September 2013

LATEST PUBLISHED REPORTS

NTFD | Reviewed results for FY ended 30 Jun 13

Financial Highlights:- Revenue: $ 295 926 000- Operating profit before depreciation and amortisation: $ 20 368 000- Profit before interest and tax: $ 18 439 000- Profit before tax: $ 17 249 000- Profi...

By NTFD | Published: 05 September 2013

LATEST PUBLISHED REPORTS

COLC | Reviewed results for FY ended 30 Jun 13

Financial Highlights:- Revenue: $ 60 782 481- Operating profit before interest and tax: $ 2 032 260- Profit before tax: $ 2 249 054- Profit for the year: $ 1 628 415- Dividend: Nil- Total comprehensiv...

By COLC | Published: 05 September 2013

LATEST PUBLISHED REPORTS

INN | Reviewed results for FY ended 30 Jun 13

Financial Highlights:- Revenue: $ 656 332 118- Operating profit before depreciation and amortisation: $ 67 396 541- Profit before interest and tax: $ 50 691 471- Profit before tax: $ 59 369 440- Profi...

By INN | Published: 05 September 2013

POLITICS

Future of Tsvangirai staff hangs in balance

The fate of workers in the office of the outgoing PM Morgan Tsvangirai, officially employed by the Public Service Commission remains uncertain. The employees who were housed on 6 floors at Charter Hou...

By Staff reporter | Published: 05 September 2013

POLITICS

Anti-graft report fingers Chombo

Local Government minister Ignatius Chombo has been fingered in a corruption report produced by the Zimbabwe Anti–Corruption Commission and submitted to the Harare Regional Courts yesterday. Chombo i...

By Staff reporter | Published: 05 September 2013

POLITICS

Mugabe, US tiff deepens

President Mugabe's Zanu-PF says it is not worried by the United States' decision yesterday to maintain sanctions against Zimbabwe, but confirmed Mugabe's threats to retaliate. The United States yester...

By Staff reporter | Published: 05 September 2013

AFRICA NEWS

Sadc works on harmonising migration, labour laws

Zimbabwe, together with other Southern African Development Community countries, is working on a framework that seeks to comprehensively address labour migration and migration management in the region....

By Staff reporter | Published: 05 September 2013

POLITICS

Fire guts Gideon Gono's chicken farm again

Fire gutted a chicken farm belonging to Reserve Bank governor Gideon Gono for the second time in less than two months in another suspected case of arson. The farm is located on the outskirts of Harare...

By Staff reporter | Published: 05 September 2013

BUSINESS NEWS

Vic Falls set for special economic zone status

THE RESORT town of Victoria Falls, still revelling from hosting the United Nations World Tourism Organisation (UNWTO) General Assembly, is set to be declared a special economic zone by President Robe...

By Staff reporter | Published: 05 September 2013

BUSINESS NEWS

NSSA targets informal employees

Discussions to incorporate informal sector employees under social protection cover on a voluntary basis have begun, a NSSA general manager James Matiza has said. The development comes at a time more t...

By Staff reporter | Published: 05 September 2013

FINANCIAL SERVICES

Agribank secures $98.6 million loan

THE Agricultural Development Bank of Zimbabwe has secured a $98,6 million loan from the Brazillian government to boost the agricultural sector as the country continues to reel under a high food impor...

By Staff reporter | Published: 05 September 2013

BUSINESS NEWS

Ambitious $200 million African Eco-City planned for Vic Falls

A local company, African Pride Frontier Cities, in partnership with foreign investors, intends to construct a very ambitious $200 million African Eco- City in Victoria Falls in Zimbabwe.The proposed A...

By Staff reporter | Published: 05 September 2013

INDUSTRIALS & ENERGY

Twalumba signs solar power deal

Eastway (Pvt) Limited, a subsidiary of Twalumba Holdings, has signed a $1.6 billion deal with Thompson Cole Consortium, a UK-based firm, for the construction of solar power generation plants in the co...

By Business reporter | Published: 05 September 2013

EUROPE

Samsung unveils a smartwatch

Berlin - Samsung has unveiled a highly anticipated digital wristwatch at least weeks ahead of a similar product expected from rival Apple. The so-called smartwatch is what some technology analysts bel...

By AP | Published: 04 September 2013

ZIMBABWE

Govt urged to set up a commodity exchange

Farmer organisations are optimistic that the incoming government will finalise the setting up of the commodity exchange if the country is to realise fair value of agricultural produce.The commodity e...

By Business reporter | Published: 04 September 2013

OPINION

Bread consumption per capita increases

According to a research conducted by the University of Zimbabwe, wheat and bread consumption per capita has through time increased in Zimbabwe.Although bread used to be luxury product especially amon...

By Staff analyst | Published: 04 September 2013

LANDS & AGRICULTURE

Zim tobacco deliveries fall short of target

The Tobacco Industry and Marketing Board have revised the tobacco target from 170 million to 166,5 million.This follows the decline in tobacco deliveries at most contract floors.TIMB chief executive D...

By Business reporter | Published: 04 September 2013

BUSINESS NEWS

Securities Amendment Act aimed at improving Zim's capital markets

The Government has published the Securities Amendment Act of 2013 aimed at improving the country's capital markets regulatory and supervisory functions.The amendments are aimed at enforcing the demutu...

By Business reporter | Published: 04 September 2013

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