The Hwange Local Board says it is working on establishing a civic centre to reduce the cost of using rented offices and speeding up development in the mining town.Hwange Local Board Chief Executive ...
MUROWA Diamonds, a unit of global mining giant RioTinto, has blasted government mining policies saying they were not supportive of the mining sector, warning that the current regime of ground rental...
INTERNET provider PowerTel is set to introduce a new billing system after acquiring new state-of-the art billing equipment, an official said over the weekend.PowerTel chairman Mr Francis Chirimuuta ...
Telecel Zimbabwe boss Mr Francis Mawindi has resigned hardly a year after he was appointed chief executive officer of the mobile telecommunications company.In a statement, board chairman Mr James Ma...
Government says there is a need to come up with a database of the informal industry so that it can contribute to national development through paying tax. While there are no official statistics on th...
Central Bank Governor Gideon Gono said some lenders are cutting interest rates and bank charges to comply with an agreement signed in January."It is heartening to note that some banks have already s...
Facebook founder Mark Zuckerberg is on the hook for a $1.1 billion tax bill for 2012, the result of his company’s going public last year.That decision gave Zuckerberg, the company’s CEO, a $13 b...
Implats has confirmed that its subsidiary, Zimbabwe Platinum Mines (Private) Limited (Zimplats) lodged an objection on 27 March 2013 to the Preliminary Notice published in General Notice 123 of 2013...
Many accountants could be wasting time and compromising the accuracy of their financial reports by spending too much time collecting data and not enough time analysing the information, according t...
Cypriots banks reopen on Thursday with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the coun...
THE banking sector is complying with the country's indigenisation and empowerment regulations, despite spirited efforts from some quarters to discredit the programme.Youth Development, Indigenisatio...
Zimbabwe's largest mobile phone company, Econet Wireless, has unveiled a new function on its mobile money service EcoCash which allows a cellphone to also operate as a virtual debit card.The functio...
CFI has secured an investor for its milling business Victoria Foods while there are discussions with a potential investor for one of the poultry arms, group CEO Steve Kuipa told the AGM this morning...
NicozDiamond's Hatfield cluster project development will commence this year, MD Grace Muradzikwa told an analyst briefing yesterday. "We have been looking at other property investments and seei...
Willdale is on the verge of realising efforts of the last 5 months under the new strategic plan with the production capacity rising to 20% and is looking at 30% next month as the drier sea...
The Dairibord Zimbabwe Limited (DZL) has said it is not pulling out its investment in Malawi despite recording a 41 percent decline in profitability on the Malawi market.DZL investment recorded the...
Revival of industries and setting up new ones will come under the spotlight during the Zimbabwe International Trade Fair annual business conference next month. The one-day conference being co-hosted...
The Zimbabwe Mining Development Corporation (ZMDC) says it is in talks with several foreign investors to partner the newly set up Mining Promotions Corporation (MPC) in the exploration of the country...
HARARE- The ZSE has launched an online data portal which will provide information on listed companies to local investors, foreign investors and stakeholders. ZSE acting chief executive officer...
GREEN Fuel resumed operations at its ethanol plant here yesterday, raising prospects that the country could soon start the mandatory blending of fuel that has been on the cards for sometime.There wa...
HARARE - Zimbabwe’s rail transport system may be nearing extinction if the government does not take drastic action to solve the series of operational challenges that have made commuter and goods t...
Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return f...
ARDA board chairman Basil Nyabadza says all is set for the re-opening of the Chisumbanje ethanol plant on Monday following its closure 15 months ago.The re-opening of the plant is anticipated to op...
THE embattled national airline Air Zimbabwe is set to reintroduce daily flights to Johannesburg in the next two weeks as the carrier works towards a return to full schedule in preparation for the up...
A SENIOR Barclays Africa executive is set to jet into the country next week to meet with Indigenisation minister Saviour Kasukuwere to chart the course on how the financial conglomerate's local oper...