NetOne Cellular (Private) Limited lost thousands of dollars to its customer care service officer who allegedly converted US$84 900 worth of airtime to his own use.Reuben Langton Mujuru (29) was a sal...
ECONET Wireless Zimbabwe Limited has appointed Mrs Sherree Gladys Shereni and Mr Godfrey Gomwe as independent non-executive directors.The appointments are with effect from May 15, 2013.Mrs Sher...
Zimbabwe vowed on Wednesday it would not roll back on plans to seize 28,000 hectares of land leased to a local subsidiary of the platinum-mining giant Impala Platinum."If there is anyone who thinks t...
Delta shares hit $1,45 for the first time on Wednesday to help lift Industrials back into the record territory but overall activity slowed with only 21 counters recording trades compared with 30 yest...
NicozDiamond's profitability in the 4 months to April is in line with budget expectations with the Gross Premium Written improving by 31.25% to $10.5 million as at 30 April 2013, group MD Grace Murad...
Luxury bus firm City Link Coaches fears a court order compelling it to pay close to a million dollars in debt will cripple its operations.According to court papers, the lawsuit emanated from a luxury...
Finance Minister Tendai Biti says a government led by his MDC party would push for the cancellation of the country's foreign debt. Assuming the MDC-T wins upcoming elections, Biti said a post-Mugabe ...
Barclays Bank Zimbabwe recently launched Cashsend, a simple money transfer solution that enables a Barclays customer with any Barclays debit card to send money to anyone in Zimbabwe. The recipient re...
UNITED STATES private equity firm Equator Capital is nearing a deal to acquire a 10 percent shareholding in Zimbabwe Stock Exchange-listed financial group, FBC Holdings, sources familiar with the dea...
Industrials slid into the red on Tuesday after Delta shares reversed last week's gains after trading 1c weaker at 142c while a significant volume in Econet lifted the daily market turnover to $2,347 ...
Government will enact laws requiring all banks to list on the Zimbabwe Stock Exchange to help them raise capital, Finance Minister Tendai Biti has said.Addressing journalists recently, Minister Biti ...
At least 30 estate agents have so far this year failed to renew their licences for various reasons, an official said last week.Estate Agents Council of Zimbabwe registrar Mr Bennias Gweme told New Zi...
ZSE's Industrials managed modest gains on Monday in hushed trades where only 4.6 million shares worth $594 559 traded while losses in Falgold and Hwange saw the resources index ending 1.52% in the re...
MINING rights in Zimbabwe are vested in the President and acquisition of a mining title does not transfer ownership of mineral claims to the investor, Deputy Prime Minister Arthur Mutambara has said...
Mines deputy minister Gift Chimanikire said Zimbabwe will look to revisit laws that restrict foreign ownership of mining licenses in the next two to three months, but will not seize mine assets fr...
The Banking sector is facing challenges in providing adequate funds to support agricultural production, a senior bank executive has said. Speaking at the official launch of the Food and Nutrition Se...
GOVERNMENT is mooting a policy that forces telecommunication firms to share infrastructure in far reaching reforms set to remove the duplication in investments by operators.The move comes at a time w...
The Movement for Democratic Change led by Prime Minister Morgan Tsvangirai has said it would maintain the current US dollar-dominated currency regime during its first five years in power if it forms ...
ZSE's Industrials closed above the 210.00 mark for the first time on Friday as Delta shares ended at another record high of 143.01c to extend the momentum built up over the past 2 weeks while daily m...
Global electronics manufacturer LG Electronics has partnered with Edgars in distributing its products as it continues to increase its market footprint in the country. Demand planner and assistant p...
THE cash-strapped national airline Air Zimbabwe on Wednesday hit new lows as it reportedly flew with only 12 passengers on board the Boeing 737 from Harare to Johannesburg.The Boeing 737 has a carry...
ZSE shares advanced to fresh heights on Thursday steered by upbeat earnings from Delta and upcoming Econet finals but overall activity slowed with just 20 counters recording trades compared with 30 ...
Delta's revenue and margins for the year ending 31 March 2013 were driven by premiumisation in lager beer and soft drinks and price correction in Chibuku, CEO Pearson Gowero told an analyst briefing...
HARARE - Brisbane is set to become Emirates' third Australian destination to welcome the airline's flagship Airbus A380, with the announcement that Emirates will operate the A380 on the Dubai to Bri...
The country's fixed telecommunications network operator, Tel*One is understood to have been rocked by a scandal involving the diversion of employee benevolent funds to a microfinance institution, pre...