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ZIMBABWE

Harare companies dominate ZITF

THIS year's edition of the Zimbabwe International Trade Fair (ZITF) is dominated by Harare companies who make up 57% of local exhibitors, with Bulawayo firms accounting for 35%.More than 100 firms h...

By Nqobile Bhebhe | Published: 05 June 2013

ZIMBABWE

ZSE delist three listings

THE Zimbabwe Stock Exchange’s interim board has ordered the termination of the listing of Barbican Holdings Limited, TZI Limited and Red Star Limited.The order, which was effected on Tuesday this...

By Business Reporter | Published: 05 June 2013

AFRICA

2013 finalists for African innovation announced

Ten African innovators have developed practical solutions to some of the continent's most intractable problems.Chosen from more than 900 applications from 45 countries, the finalists for the Innovati...

By Kofi Adu Domfeh | Published: 05 June 2013

ZSE TODAY

ZSE shares rise as govt denies amending the Indigenisation Act

ZSE shares stayed in the positive territory on Thursday after Indigenisation minister Saviour Kasukuwere dismissed reports that the Indigenisation Act was being amended to provide for payment of shar...

By Business reporter | Published: 05 June 2013

ZIMBABWE

Zimra's continuous system failure affects car importers

CAR importers using Beitbridge Border Post continue to encounter delays in clearing their vehicles due to a continuous system failure of the Zimbabwe Revenue Authority (Zimra)'s, newly introduced cle...

By Beitbridge Reporter | Published: 05 June 2013

ZIMBABWE

'The time to invest in Zimbabwe is now,' says Tsvangirai

Prime Minister Morgan Tsvangirai says the time to invest in Zimbabwe is now and not after the elections.Tsvangirai said this in a speech read on his behalf at the national business conference at the ...

By Staff reporter | Published: 05 June 2013

TRANSPORT & TOURISM

Emirates officially opens its Zimbabwe office

Emirates, one of the world's fastest growing airlines, has officially opened its new Harare sales and ticketing office.The new high-tech office was inaugurated by Emirates' Senior Vice President Com...

By Staff writer | Published: 05 June 2013

ZIMBABWE

Zimbabwe's grain reserve running dangerously low

Zimbabwe's grain reserves are running dangerously low ahead of new but poor harvests caused by erratic rain, an independent continent-wide development bank said Wednesday.The African Development Bank...

By AP | Published: 05 June 2013

FINANCIAL SERVICES

US lifts sanctions on two Zimbabwe banks

The United States government has "lifted" sanctions on the Agricultural Development Bank of Zimbabwe and The Infrastructure Development Bank of Zimbabwe (IDBZ), in a clear sign that the Obama Admini...

By Staff Reporter | Published: 05 June 2013

ZIMBABWE

Kasukuwere denies Zimbabwe indigenisation policy changes

Indigenisation Minister Saviour Kasukuwere on Wednesday said the ministry has not changed its legislative framework.This refutes reports by state newspaper The Sunday Mail that there have been amen...

By Staff reporter | Published: 05 June 2013

ZSE TODAY

ZSE: Market rebounds in midweek trades

ZSE shares see sawed back into the positive territory on Wednesday after gains in selected counters across the board in a session where only 3 counters managed losses.Econet, which is expected to rel...

By Business reporter | Published: 05 June 2013

LAND & AGRICULTURE

Another company loses land to the Z‫imbabwean govt

LISTED agricultural concern CFI Holdings unit is set to lose 1 057 hectares of its land to government which has showed interest in the piece of land situated in Saturday Retreat Estate south of the ...

By Business Reporter | Published: 05 June 2013

ZSE TODAY

ZSE: Minings wades back into negative territory

ZSEs mainstream Industrials stayed in the red on Tuesday as Econet share price continued to sink while Minings waded back into negative territory after posting significant gains yesterday.The Indust...

By Business reporter | Published: 05 June 2013

FINANCIAL SERVICES

Financial service providers gets $11,5 million to boost operations

THE Zimbabwe Microfinance Wholesale Facility Trust (ZMWFT) has disbursed $1.5 million to capacitate the operations of financial service providers that serve micro, small and medium enterprises since...

By Business Reporter | Published: 05 June 2013

ZIMBABWE

Mayor of Bulawayo welcomes exhibitors and visitors to ZITF

MESSAGE from His worship the Mayor of Bulawayo, Councillor Thaba Patrick Moyo, to welcome exhibitors and visitors to the 2013 Zimbabwe International Trade Fair.The City of Bulawayo is proud to host e...

By Staff Reporter | Published: 05 June 2013

ZIMBABWE

Zimbabwe's broad money supply growth declines

ANNUAL broad money supply growth declined by 12,1 percent in the 12 months to January 2013 in a negative development for an economy in need of credit, the African Development Bank has said.AfDB made...

By Golden Sibanda | Published: 05 June 2013

TRADE & INDUSTRY

ZITF roars into life today

The annual Zimbabwe International Trade Fair roars into life today with a number of exhibitors late yesterday racing against time to complete their stands ahead of the country's largest trade showca...

By Staff reporter | Published: 10 June 2013

EUROPE

Lufthansa cancels most of its domestic flights

FRANKFURT - German airline Lufthansa said yesterday it has cancelled most of its domestic, European and long-haul flights at six German airports due to strike action by ground personnel and some ca...

By Staff Reporter | Published: 10 June 2013

ECONOMC INDICATORS

Zimbabwe's unemployment rate tops 70%

Zimbabwe's unemployment rate remains very high at more than 70 percent with less than 900 000 people formally employed out of a 13 million population, a leading economist has said.John Robertson tol...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE:- Minings jump 6.45% on upbeat Falgold

Falgold share price jumped 5.99c or 59.84% to 16c after reporting positive gold output figures for the quarter ending March 2013 at its gold mines to help the Minings rise a significant 6.45% to 71...

By Business reporter | Published: 10 June 2013

POLITICS

Zimbabwe now wants 51% equity at zero cost

The government is working on amending the controversial Indigenisation and Economic Empowerment Act to allow for non-payment of the 51% equity from foreign-owned companies, Fin24 reported.According ...

By Business reporter | Published: 10 June 2013

AFRICA BUSINESS

Emirates announces management changes across Africa

As part of its continued growth strategy in Africa, Emirates has announced several rotations in its commercial operations team.The moves are part of Emirates' commitment to offering staff the opport...

By Business reporter | Published: 10 June 2013

POLITICS

Chiyangwa calls for govt to resuscitate closed, distressed companies to create jobs

The Harare property tycoon and aspiring Zanu-PF candidate for Chinhoyi constituency Phillip Chiyangwa has called on government to resuscitate closed and distressed companies to create jobs for unemp...

By Staff Reporter | Published: 10 June 2013

TRANSPORT & TOURISM

Bulawayo hotels fully booked

The   country's    second   largest   city, Bulawayo,  has virtually run out of hotel accommodation ahead of the of the Zimbabwe International Trade...

By Business Reporter | Published: 10 June 2013

TRADE & INDUSTRY

ZITF set to roll

All is set for the 54th edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo with a number of exhibitors and visitors already in the city ahead of the premier trade showcase which sta...

By Business reporter | Published: 10 June 2013

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