The World Economic Forum (WEF) has said Zimbabwe's policy environment is one of the least supportive in the world due to restrictive laws regarding foreign direct investment and property rights.&nbs...
A leading emerging markets economist says Zimbabwe's economy has the potential to grow to the size of Singapore by 2050 if it guarantees property rights, rafts effective agriculture and currency pol...
FBC Holdings will not be selling Turnall Holdings any time soon because there is no immediate capitalisation pressure in the group's subsidiaries, chief executive officer, John Mushayavanhu told ana...
Dairibord will focus on rationalisation of operations, group chief executive Anthony Mandiwanza told an analyst briefing yesterday."The rationalisation of operations which we intend to undertake is...
Turnall Holdings reiterated its $300 million annual turnover target by 2015 even as its F12 financial performance weakened compared with F11 as MD John Jere told analysts yesterday that they are b...
WALLACE Laboratories, a cosmetic manufacturer owned by former deputy minister Phineas Chihota has been thrown into liquidation after it declared insolvency.Creditors met at the High Court to conside...
THE usage of the Beira-Feruka oil pipeline continues to increase over the years owing to the Road Levy which the Government imposed on fuel dealers, who bring the product by road.Statistics released...
CASH-STRAPPED national carrier, Air Zimbabwe will in the next two weeks start offering daily flights to Johannesburg, Harare and Bulawayo when the servicing of one of its two A320 airbuses and an MA...
Work-related deaths continue to increase at alarming rate There were 959 serious injuries and 30 deaths at work in the first two months of this year, Acting Labour and Social Services Minister Ther...
Industrials see-sawed back into positive territory in midweek trades as rising counters outnumbered those trading lower by 11 to 4 while most heavyweight counters traded unchanged.The Industrials In...
THE collapsed David Whitehead could be thrown into liquidation due to insolvency, denting the hopes of more than 3 000 employees who were expecting to return to work.The provisional judicial manager...
ZIMBABWE Stock Exchange-listed health care products manufacturer and supplier Medtech Holdings is negotiating with a local company for the disposal of its remaining shareholding in Zimbabwe Pharmac...
ACTING President Joice Mujuru yesterday ordered that the Chisumbanje Ethanol plant be open for operations by Monday next week.She said its closure had affected workers, farmers and villagers in the ...
THE Zimbabwe Stock Exchange will start the listing of Small-to-Medium Enterprises on a new secondary bourse by next September 30.In October last year, the ZSE announced they were working on establis...
THE Zimbabwe Miners' Federation has urged Government to review the existing mining political administrative boundaries to ensure that districts where mining activities are taking place benefit direc...
ZSE's Industrials remained in the negative territory on Tuesday dragged down largely by losses in Delta, Innscor and Hippo as activity slowed down with just 20 counters recording trades compared wit...
Despite targeting a $10 billion growth in Africa by 2015, Samsung Africa Electronics says it will not optimally invest in Zimbabwe due to restrictive legislation which repels investment. James Kim, ...
NINE years after abandoning flights to and from Harare because of the then worsening political and economic climate, EgyptAir is set to resume operations with, initially, four times weekly return f...
PRESIDENT Robert Mugabe's family dairy company has stepped up efforts to claim market share in the highly competitive sector after it embarked on an aggressive marketing drive.Alpha Omega, a subsid...
There were only 2 counters to trade in the positive in a Monday session where 14 counters traded lower while another 14 remained unchanged from previous levels resulting in the Industrials slipping ...
Euro-area finance ministers agreed to an unprecedented tax on Cypriot bank deposits as officials unveiled a 10 billion-euro ($13 billion) rescue plan for the country, the fifth since Europe's debt c...
Data released by the Zimbabwe National Statistics Agency (ZIMSTAT) on Friday shows that year on year inflation for February 2013 increased by 0,47 percentage points to 2,98 percent from ...
A Tanzanian businessman accused of repacking Oriental and Zam Zam rice into branded packaging belonging to another company has been acquitted.Mlengela Anastazi, director of Bolstfern Investment, who...
Econet recovered a significant 4.10c or 6.72% to 65.1c at week's end to snap Industrials 4-day losing streak.The Industrials Index recovered 2.61 points or 1.41% to 187.82 helped by gains in Econet,...
HARARE - Lifestyle Holdings shareholders voted in favour of a Scheme of Arrangement which shall see them owning shares in a Mauritius-based company with Lifestyle expected to delist from the ZSE, at...