Cape Town - Professor Mthuli Ncube of the African Development Bank (AfDB) has slammed black economic empowerment (BEE), saying it is not creating any value."I've looked at all BEE deals up till about...
By fin24 | Published: 10 June 2013
THE European Investment Bank will be making a second comeback to Zimbabwe having suspended dealing with the country due to unpaid arrears accumulated by the government.Ambassador Aldo Dell'Ariccia, ...
By Business reporter | Published: 10 June 2013
ZSE's mainstream Industrials advanced to another record level at week's end to log its 6th straight rise largely spurred by gains in selected heavyweights.The Industrials Index gained 0.54% or 1.09 p...
By Business reporter | Published: 10 June 2013
The Board of ZB Financial Holdings has advised that Mr. Elisha Nyikadzino Mushayakarara retires as Group Chief Executive with effect from 31 May 2013. Mr. Mushayakarara joined ZBFH as Group Chief Exe...
By Business reporter | Published: 10 June 2013
Spanish multi-national retailer Mango says it will enter the Zimbabwean market this year, among 3 other new markets. The group announced last week, that the Catalan company would enter four new mark...
By Staff reporter | Published: 10 June 2013
AFRASIA Kingdom Bank has run into serious problems and is facing censure by the Reserve Bank after it emerged this week it is reeling from a massive US$21 million under-performing loan and could be...
By Business reporter | Published: 10 June 2013
THE Zimbabwe Stock Exchange market capitalisation inched closer to the US$6 billion threshold yesterday after the main industrial index gained for the fourth consecutive day to close 1,4 percent stro...
By Golden Sibanda | Published: 10 June 2013
ZSE's Industrials jumped to a fresh all-time high on Thursday buoyed by positive trades and volumes in Econet, Innscor and OK Zimbabwe.On a year to date basis the Industrials have done 33.63% to regi...
By Business reporter | Published: 10 June 2013
- Group records AED 3.1 billion (US$ 845 million) net profit - Largest capacity increase in airline's history adding 34 new aircraft and 10 new destinations - Emirates passes 39 milli...
By Mathews Estell | Published: 10 June 2013
Air Zimbabwe has short-listed 5 candidates to take over as CEO. Innocent Mavhunga who has led AirZim as acting CEO since 2011 was among the 5 candidates interviewed for the hot seat this week. Also s...
By Business reporter | Published: 10 June 2013
Two months after Cabinet endorsed a plan to unbundle loss making Zesa Holdings, government has made key appointments to head newly created stand-alone units, with group CEO, Josh Chifamba reportedly ...
By Staff reporter | Published: 10 June 2013
Local banks are expected to adopt a cautious lending approach due to the high levels of non-performing loans and uncertain economic environment as the country gears for elections later this year, a l...
By Business reporter | Published: 10 June 2013
A Harare businessman has filed a High Court application seeking an order barring Telecel Zimbabwe from running the popular Mega Promotion on the basis that it was a "stolen idea".Mr Peterson Tengende...
By Daniel Nemukuyu | Published: 10 June 2013
GOVERNMENT wants to rationalise the tax regime so that it is not discriminatory against the poor and treat everyone fairly, a Cabinet minister has said.Finance Minister Tendai Biti said the curren...
By Staff Reporter | Published: 10 June 2013
The chief executive of the Ethics Institute of South Africa, Professor Geoff Rossouw, will be addressing members of the Institute of Directors tomorrow (Thursday) on the question of whether com...
By Chengetai Chinembiri | Published: 10 June 2013
ZSE shares rallied in midweek trades with Industrials closing above the 200.00 mark for the first time since January but daily turnover stayed below the psychological $1 million level.Volumes in the...
By Business reporter | Published: 10 June 2013
A Bassfisherman's ApproachACCORDING to recent statistics, the trade deficit between Zimbabwe and South Africa is US$530 million. Zimbabwe is importing goods worth US$3,2 billion from South Afri...
By Ben Chiganze | Published: 10 June 2013
MASVINGO Provincial Governor Titus Maluleke has warned that the Government might be forced to take over Tongaat Hullet if the South African agro-industrial giant continues to frustrate the indigenisa...
By Staff reporter | Published: 10 June 2013
ZSE shares advanced on Tuesday with the Industrials drifting towards the 200.00 mark for the first time since dollarisation albeit in thin volumes as most investors stayed on the sidelines despite a ...
By Business reporter | Published: 10 June 2013
Zimbabwe's fuel prices have gone down by an average 8c after surging at least 10c following the hike of excise duty on the commodity. Petrol price which had increased to as much as $1,60 per litre h...
By Business reporter | Published: 10 June 2013
Delta shares closed at their all-time best level of 130.01c on Monday ahead of the release of March finals next week and helped the Industrials hit a new all time high of 192.68. But volumes remained...
By Business reporter | Published: 10 June 2013
TRUWORTHS Zimbabwe says the absence of a credit bureau in Zimbabwe was hampering efforts to reign-in bad debtors.Speaking at the presentation of the company's financial results for the interim period...
By Staff reporter | Published: 10 June 2013
MARKET capitalisation on the Zimbabwe Stock Exchange (ZSE) is expected to climb by 30 percent to US$5,1 billion this year due to increased foreign investor participation, researchers at advisory firm...
By Staff reporter | Published: 10 June 2013
MOBILE telecommunications firm, Telecel, plans to roll out an additional 120 base stations by July this year in a bid to increase population coverage and cater for demand, a senior company executive ...
By Staff reporter | Published: 10 June 2013
THE Zimbabwe Stock Exchange (ZSE)'s top five capitalised counters account for over 60 percent of the bourse's US$4,7 billion market capitalisation, new equities market statistics indicated last week....
By Staff reporter | Published: 10 June 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
