Travellers from Zimbabwe are being offered a taste of the highlife with the latest discounts from Emirates in a three-day sale of Business Class tickets this week.Attractive discounts are being offer...
KIGALI - Econet Wireless owned fibre and satellite operator, Liquid Telecom yesterday announced that it has acquired Rwandatel, Rwanda's fixed line network operator. The deal includes Rwandatel's cop...
Econet Zimbabwe Limited (Econet) has reshuffled the financial institution's top management, which involves the appointment of new executives, including United Kingdom based financial analyst Lance Ma...
Imara Capital Zimbabwe managing director Sean Gammon yesterday said mining company should consider secondary listings on the Zimbabwe Stock Exchange (ZSE) in a bid to boost capital on the...
MOSCOW - A Russian fixer handed an "exclusive licence" to develop the Darwendale platinum deposits in 2006 has said he is ready to bail-out and sell his shares on the open market if the multi-m...
AFRICAN Development Bank vice president and chief economist Professor Mthuli Ncube says visa requirements in Africa are among the factors restricting intra-regional trade and economic growth.Professo...
IN a landmark ruling likely to open floodgates against the Reserve Bank of Zimbabwe, the High Court has ordered the central bank return to Trojan Nickel Mine Limited bank account over US$1 million i...
A packed house attended today's (Monday, June 3) Zimbabwe investor conference staged by the Imara financial services group, with both local and international attendance exceeding projections.Nearly 1...
Industrials opened the first trading session of June in the red after heavyweights Econet and Innscor, the only counters to trade lower, managed to cancel out gains in 5 other counters.The Industria...
THE timing of the relaunch of the Egypt Air services to Harare is perfect considering the expected increase in the movement of people into the country for the United Nations World Tourism Organisatio...
GOVERNMENT plans to declare Bulawayo "a special economic zone", as it intensifies efforts to revive the city's status as the hub of industrial activity in the country, deputy minister of Economic Pla...
NRZ general manager, Mike Karakadzai said the once vibrant parastatal needed about $2 billion for its long-term rehabilitation of infrastructure.The company is facing the daunting task of improving i...
President Mugabe on Saturday warned Japanese companies that they must not behave like Africa's erstwhile colonisers when they come to invest on the continent.Addressing a plenary session at the ...
Economic analysts say the fall of the rand against the United States dollar is likely to benefit the economy in the form of stable pricing models.There is a general feeling in some quarters of the ec...
ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or 0.18% ...
The Zimbabwe Stock Exchange (ZSE) has announced that it has received and accepted the application for the voluntary suspension of trading in Trust Holdings shares, acting CEO Martin Matanda said this...
Econet Wireless Zimbabwe's licence was renewed and licence period extended to 20 years while the licence renewal fee was set at $137.5 million, group CEO Douglas Mboweni told an analyst briefing yest...
RioZim will continue focusing on debt restructuring with the company expecting to generate $8.6 million cash in total and $7.7 million before the end of the year from the sale of reverts of Xstrata, ...
AIR ZIMBABWE yesterday announced it has sent over 600 employees on forced leave as part of its restructuring programme aimed at revitalising, recapitalising and restoring customer confidence.Although...
THE Bulawayo Rainbow Hotel is undergoing a $650 000 facelift. In a statement yesterday, Rainbow Tourism Group (RTG) the hotel was expected to have several of its areas revamped to give it a mor...
GOVERNMENT says Telecel Zimbabwe should first address its lopsided shareholding by transferring majority stake in the firm to locals before its mobile phone operator's licence can be renewed. Transpo...
Econet's revenue for the year ended 28 February 2013 was $694.8 million, an increase of 14% compared to the previous year. Earnings Before Interest, Taxation, Depreciation and Amortisation (EBITDA)...
THE hunt for a new Zimbabwe Stock Exchange (ZSE) chief executive officer is set to come to an end with former Securities Commission CE and engineer Alban Dhladhla Chirume being expected to be annou...
There was not even a single share to trade lower on the ZSE on Thursday as Industrials rebounded to winning ways helped by gains in Econet ahead of its February finals and analysts briefing this afte...
Following the mini bull run since the beginning of the year, the ZSE is once again the biggest bourse by market capitalisation among the four markets covered by the CASE Handbook, FBC Holdings chair...