DE-INDUSTRIALISATION is affecting the whole country despite the misconception that Bulawayo is the only city being affected by the closure and relocation of firms to other towns, an official has sai...
Losses in heavyweights Econet and Innscor dragged the Industrials lower for the second straight session on Thursday wiping out gains in Delta and Natfoods.The Minings sector also extended losses aft...
Trust Bank lurched into crisis this week after it failed to produce full-year results to December 31 2012 before the deadline. The ZSE and the Securities Commission said this week letters had been ...
Blanket Mine has recorded a 14% growth in gold output for the first quarter ending March 2012 compared with the same period last year on the back of strong prices of the bullion, the company has an...
THE Macroeconomic and Financial Management Institute for Eastern and Southern Africa is working on documenting Zimbabwe’s country hyper-inflationary era to provide insights on how the country deal...
Central bank chief on Wednesday denied there were plans for a government takeover of the local operations of London-based Standard Chartered Bank, putting the central bank at odds with a powerful n...
Hwange Colliery Company is alleged to have suspended 525 workers following a salary dispute, among other issues.The employees are accusing management of unfairly dismissing five workers, threatening...
ZSE shares were back in the red on Wednesday as heavyweight counters Hippo and Innscor traded lower to snap the 5-day rising streak.The Industrials Index dropped by 0.64 points or 0.34% to 188.38 as...
Zimbabwe's economic growth since 2009 has been credited to Tendai Biti, the Minister of Finance's adoption of the US dollar and the South African rand as the official currencies, an international ...
TA Holdings' operating income grew 234% to $5.5 million due to improved underwriting profits from the insurance company, CEO Gavin Sainsbury told an analysts briefing yesterday. This resulted ...
First National Bank launched a cellphone-based instant money transfer service between South Africa and Zimbabwe on Tuesday. "We have done extensive research into the cross-border remitt...
Telecel has launched a new promotion that reduces the cost of off-peak calls to less than one cent per minute, removes any charge for text messages and allows data to be accessed at just three cents...
EcoCash Interview: How is relationship with Zimbabwe central bank? http://www.youtube.com/watch?v=_HnAUYAOnCg ...
TM Supermarkets has invested a further $25m into the retail chain, with the money aimed at transforming its retail outlets through refurbishment of the group's 50 stores across the country.Two of TM...
The Zimbabwe Electricity Supply Authority has been convicted and fined $400 for non-compliance with an agreement it made with its employees.The power utility had been brought to court over a debt of...
THE cost of living, as measured by the Consumer Council of Zimbabwe's low-income urban earner monthly basket for a family of six increased from the February figure of US$570,75 to US$573,22 in March...
GOVERNMENT has issued permits to more than ten aspiring local airlines intending to service domestic routes, but none have taken to the skies due to capital constraints."We have issued permits to a ...
A Zimbabwe Mining Stock Exchange is expected to be introduced in the third quarter of this year to ensure the country gets proper value of its resource commodities.Concerned with alleged mineral rev...
Industrials extended gains on Monday after gains in heavyweight counters Delta, BAT and Hippo while Minings recovered last Friday's losses on gains in RioZim.The Industrials Index gained 0.99 or 0.5...
Zimplow Holdings will probably achieve an operating profit or at least break-even for the half year, CEO Zondi Kumwenda told the AGM last Thursday. "There will be discontinued operations within...
THE Economic empowerment board has threatened to shut down British-owned Standard Chartered bank and three mining companies until they comply with the country's indigenisation laws.According to sta...
Air Zimbabwe has resumed daily flights to Victoria Falls, Bulawayo and Johannesburg to cater for the increasing demand on these routes, particularly as the Zimbabwe International Trade Fair approach...
ZIMBABWE Stock Exchange-listed companies may be forced to make more disclosures or republish their financial results for the just ended reporting season as the equities market regulator pushes for m...
On Friday Boeing completed a test flight of its 787 Dreamliner jet, part of a regimen of tests aimed at certifying a reworked system to prevent fire or overheating of the plane's lithium-ion batteri...
Government says Telecel Zimbabwe risks losing its operating licence if it fails to comply with the Indigenisation and Economic Empowerment Act.As the mobile operator's saga unfolds, government thro...