FRANKFURT - The European Central Bank is unlikely to keep its interest rates low for years, the head of the German Bundesbak said on Monday, but warned that the eurozone crisis is far from over."My as...
By AFP | Published: 26 August 2013
INDIAN firm, Indure Private Limited has won a $11 million tender to rehabilitate and upgrade the ash plant at the Hwange Thermal Power Station.The project is financed by the Zimbabwe Multi Donor Trust...
By Business reporter | Published: 26 August 2013
The Zimbabwe United Passenger Company (Zupco) has acquired 51 buses valued at $4,3 million as part of the organisation's three year strategy aimed at improving operations and maximising shareholder ...
By Staff reporter | Published: 26 August 2013
Financial Highlights:- Revenue: $ 18 968 191- Gross profit: $ 4 172 272- Profit from continuing operations: $ 1 377 395- Profit before taxation: $ 29 320- Dividend: Nil- Total comprehensive loss for t...
By TURN | Published: 26 August 2013
Financial Highlights:- Net interest income: $ 9 855 025- Gross profit: $ 6 330 409- Total income: $ 36 801 774- Profit before income tax: $ 10 028 185- Profit for the period: $ 8 298 991- Proposed div...
By FBC | Published: 26 August 2013
Financial Highlights:- Revenue: $ 13 229 721- Gross profit: $ 11 847 793- Profit from operations: $ 880 277- Profit before tax: $ 29 049- Profit after tax from continuing operations: $ 211 522- Loss f...
By RTG | Published: 26 August 2013
Financial Highlights:- Net interest income: $ 10 623 677- Net insurance and assurance income: $ 4 273 952- Total income: $ 36 204 895- Profit before taxation: $ 3 802 670- Profit for the period: $ 2 5...
By ZB Holdings | Published: 26 August 2013
Zimbabwe Stock Exchange-listed financial services group FBC Holdings (FBCH) has acquired more than 2 000 hectares of prime land in Harare earmarked for the construction of residential properties.The g...
By Business reporter | Published: 26 August 2013
ZSE's Industrials waded back into negative territory after a sluggish Monday trading session where only 2 counters managed gains while 4 ended in the red.The Industrials Index eased 0.37 or 0.20% to 1...
By Business reporter | Published: 26 August 2013
AN international bank, HSBC Bank has allegedly ordered freezing of accounts held by Zimbabwean expatriates and nationals saying Zimbabwe was under sanctions, newsday reported.Account holders with the ...
By Staff reporter | Published: 26 August 2013
The market continues to recover, albeit on very small margins. The industrial index rose 0,41 % led by gains in Innscor up an impressive 6cents, Lafarge and National Foods both up 10cents.On the falle...
By Imara Africa | Published: 26 August 2013
Harare City Council will soon unveil its 5-year development plan designed to create employment, attract investment and improve service delivery. Town clerk Tendai Mahachi disclosed on Friday that the ...
By Staff reporter | Published: 26 August 2013
Zimbabweans will have to grapple with power cuts for the next 5 years, until the country completes new generation projects subject to availability of funding, the power generating parastatal said last...
By Staff reporter | Published: 26 August 2013
Financial institutions have remained profitable despite prevailing liquidity challenges and uncertainties over capital thresholds. Of the five banking groups that have released their earnings in the c...
By Staff reporter | Published: 26 August 2013
Zimbabwe has landed the chairmanship of the Commission for Africa - an arm of the United Nations World Tourism Organisation - after being unanimously elected by members of the body. In recent weeks, E...
By Staff reporter | Published: 26 August 2013
All is set for the United Nations World Tourism Organisation general assembly in Victoria Falls, with hotels and city lodges fully booked throughout the duration of the event. The premier tourism even...
By Staff reporter | Published: 26 August 2013
Zimbabwe's construction sector is expected to remain depressed due to the economic due to the economic uncertainty posed by the July 31 election, industry players indicate. While sector has been subdu...
By Staff reporter | Published: 26 August 2013
FBC Holdings Limited (FBCH) is developing a 72-cluster home project in Waterfalls as the financial services group plans to complete half of the units by year end, a company official has said. FBCH chi...
By Business reporter | Published: 26 August 2013
Zimbabwe's largest mortgage lender, CABS Building Society, said the construction of the Budiriro housing project is underway amid plans to roll out the housing scheme in October, a company official ha...
By Business reporter | Published: 26 August 2013
Cardiff - Two goals from Fraizer Campbell handed Cardiff City a shock 3-2 victory over Manchester City on Sunday as the Premier League newcomers celebrated a memorable win in their first top flight ma...
By Reuters | Published: 25 August 2013
President Robert Mugabe threatened on Sunday to retaliate "tit for tat" against companies from Britain and the United States if these Western powers persisted in pressuring his government with sancti...
By Reuters | Published: 25 August 2013
ZB Financial Holdings (ZBFH) says it is actively engaged with
prospective investors for possible recapitalisation of the group through
a private placement.The group already plans to complete the
me...
By Business reporter | Published: 25 August 2013
HOSPITALITY concern Rainbow Tourism Group (RTG) expects to increase its ability to generate free cash in the second half of the year in order to meet financial obligations.The group's increased optimi...
By Business reporter | Published: 25 August 2013
SHAREHOLDERS of the central securities depository (CSD) are set to raise US$1,5 million to finance the rollout of the system expected to improve trading of shares on the stock market.Two project...
By Business reporter | Published: 25 August 2013
BANKING group ABC Holdings has restructured its loss-making unit in Tanzania as it moves to turn around the waning fortunes of the entity that had shown no signs of abating.ABC Holdings runs banking o...
By BUsiness reporter | Published: 25 August 2013
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
