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VACANCY: Parts Salesperson - Clover Leaf Motors Group

Clover Leaf Motors Group, a leading player in the Motor Industry invites applications from suitably qualified and experienced persons to fill in the following vacancy:PARTS SALESPERSONRequirements•&...

By Clover Leaf Motors Group | Published: 29 August 2013

INDUSTRIALS & ENERGY

Afdis continues to enjoy volumes growth

Afdis continues to enjoy growth in volumes, revenues and profits as it regains its position in the spirit and wines market supported by improving operational efficiencies. Sales volumes grew by 18% w...

By Staff reporter | Published: 29 August 2013

CONSTRUCTION & PROPERTY

Lafarge revenue declines 6.3%

Lafarge cement demand for the first 7 months of 2013 was constrained by limited construction activity, MD Jonathan Shoniwa said yesterday.Construction projects have not taken off as anticipated; cons...

By Staff reporter | Published: 29 August 2013

BUSINESS NEWS

Petrol prices set to go down

Zimbabwe's petrol price may decrease by around 3c following the introduction of the E5 mandatory blending, Zimbabwe Energy Regulatory Authority has said. The country's petrol price is currently rangi...

By Staff reporter | Published: 29 August 2013

POLITICS

Zimbabwe policies scare away investors

Zimbabwe has been ranked among the 10 least countries in the world that lack investor friendly laws despite a huge endowment in mineral and natural resources, a report by a global think tank has shown...

By Staff reporter | Published: 29 August 2013

ZIMBABWE

Zimbabwe registers growth in regional, international flights

Zimbabwe recorded a 4.5% growth to 15 602 in flights coming in and out of the country during the half year driven by the resumption of domestic and regional flights by Air Zimbabwe, latest figures fr...

By Staff reporter | Published: 29 August 2013

ZIMBABWE

ZSE shortlisted for prestigious award

The Securities Commission of Zimbabwe and the Zimbabwe Stock Exchange have been shortlisted for the prestigious Africa investor Index Series awards. The awards, which are the only pan-African awards d...

By Business Reporter | Published: 29 August 2013

AFRICA NEWS

Sadc region to feel SA strike

JOHANNESBURG - The ongoing strike by South Africa's 30 000 automobile industry workers will heavily impact on the Southern African Development Community member states who benefit from the country's bu...

By Staff reporter | Published: 29 August 2013

LANDS & AGRICULTURE

Dairibord Holdings' core earnings fall

DAIRIBORD Holdings' core earnings fell 170 percent in the six months to June this year due to unusually high costs, including retrenchment packages and relocation of machinery. One of the country's l...

By Business Reporter | Published: 29 August 2013

TELECOMS & TECHNOLOGY

Air Zimbabwe eyes regional, international flights

AIR ZIMBABWE says it is targeting to resume flights to regional and international destinations before the end of this year.The airline suspended regional and international flights two years ago after ...

By Staff reporter | Published: 29 August 2013

TELECOMS & TECHNOLOGY

Econet still under Potraz probe

ECONET WIRELESS might have complied with the regulatory authority directive against slashing voice call tariffs by more than half, but the company still faces investigation into the propriety or impr...

By Staff reporter | Published: 29 August 2013

MINING & RETAIL

Implats' ordered to revise its Zimbabwe indigenisation termsheets

Impala Platinum has been notified by the Zimbabwe government that its termsheets on indigenisation need to be revisited. The Company has been informed that the Government wishes to review the termshee...

By Business reporter | Published: 29 August 2013

ZIMBABWE

ZSE automation on course

The Zimbabwe Stock Exchange (ZSE) says it is on course for the completion of the automation project by the end of the first quarter of 2014.The automation of the local bourse is set to mark the end of...

By Staff reporter | Published: 28 August 2013

BUSINESS NEWS

Zimbabwe needs more ethanol producers

The Zimbabwe Energy Regulatory Authority says that Zimbabwe needs more ethanol producers so that the pricing of the blends will be reduced in the long run for the consumers.The regulatory authority ha...

By Business reporter | Published: 28 August 2013

POLITICS

'Indigenisation not meant to nationalise private property'

Victoria Falls - The Government has stressed that the on-going indigenisation and empowerment programme is not meant to nationalise privately owned property.In the investment guide launched at the on-...

By Staff reporter | Published: 28 August 2013

ZIMBABWE

AfDB expects Zimbabwe to boost exports

The African Development Bank says Zimbabwe should boost exports by taking advantage of the interim Economic Partnership Agreement with the European Union in order to reduce the trade deficit.Zimbabwe'...

By Business reporter | Published: 28 August 2013

ECONOMC INDICATORS

Zimbabwe's broad money supply declines 3%

Zimbabwe's broad money supply, an indicator of inflation declined 3 percent in June this year to $3,84 billion from December 2012, data from Finance Ministry revealed.Broad money is a measure of money...

By Business reporter | Published: 28 August 2013

FINANCIAL SERVICES

Ecobank on Zimbabwe expansion drive

Togo-Based Ecobank International plans to expand its footprint in Zimbabwe.The financial group, whose local unit Ecobank Zimbabwe Limited (EZL) already has 11 branches across the country, says it will...

By Business reporter | Published: 28 August 2013

TELECOMS & TECHNOLOGY

EcoCash to launch Zim - SA remittance service

After nearly nine months of development, Econet Wireless says it is now putting the final touches to a platform that will allow remittances to be made between South Africa and Zimbabwe.Zimbabweans li...

By Staff reporter | Published: 28 August 2013

TELECOMS & TECHNOLOGY

Telecel urges unregistered subscribers to register SIM cards urgently

Telecel has urged all subscribers with unregistered SIM cards to have them registered by Friday this week to avoid being disconnected."Any subscriber with an unregistered SIM card risks disconnection ...

By Mike Hamilton | Published: 28 August 2013

EDUCATION

National Secretaries Day

National Secretaries Day in Zimbabwe is celebrated annually on the FIRST Friday of September. This annual event was originally organized in 1952 as "National Secretaries Week" by the National Secret...

By Nyaradzo | Published: 28 August 2013

ZSE TODAY

ZSE back in the red

ZSE shares see-sawed back into the red on Wednesday with just one counter trading in the positive as heavyweight counters Delta and Econet continued to weaken.The Industrials Index lost 1.21 points or...

By Staff reporter | Published: 28 August 2013

LATEST PUBLISHED REPORTS

NICO | Unaudited results for HY ended 30 Jun 13

Financial Highlights:- Total revenue: $ 8 607 130- Total costs: $ (7 427 038)- Operating profit: $ 1 180 092- Profit before tax: $ 1 450 286- Profit for the period: $ 1 045 210- Dividend: Nil- Total c...

By NICO | Published: 28 August 2013

OPINION

Invisible Black Professional

Highly educated blacks working in South Africa struggle against a system that aims to exclude and sideline them. There is the open struggle that is fought with bullets and bombs out on the plains. War...

By Wiseman Magasela | Published: 28 August 2013

FINANCIAL SERVICES

NicozDiamond reports impressive numbers

The short term insurer reported a set of impressive numbers underlined by a 14% growth in gross premium written to $16m. Rental and investment income declined slightly from $0.6m to $0.4m. However, c...

By Staff reporter | Published: 28 August 2013

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