HARARE - African Sun is expecting revenue to rise by 8% in the year to September 2013, with EBITDA forecast at 12%, unchanged on last year, Group CE Shingi Munyeza told the AGM. At the briefing for ...
By Business reporter | Published: 10 June 2013
HARARE - There is now limited scope for rent reviews in the sector and ZPI is focusing on growing the contribution of projects to total income, MD Edson Muvingi told an analysts briefing yesterday.&...
By Business reporter | Published: 10 June 2013
Vice President Joice Mujuru says treasury should speed up the release of money for the revival of industry as this will help in employment creation.Mujuru made the remarks at the handover of water p...
By Business Reporter | Published: 10 June 2013
CASH-STRAPPED Air Zimbabwe has begun the hunt for a managing director to spearhead the turnaround of the airline.Until now, acting chief executive officer Innocent Mavhunga has been steering the na...
By Business Reporter | Published: 10 June 2013
ZSE shares remained largely in the negative territory for the 4th consecutive session on Thursday ahead of the Constitutional referendum scheduled for this Saturday, which will pave way for the gene...
By Business reporter | Published: 10 June 2013
Masimba Holdings will focus on developing adequate long-term funding structures in order to help the group exploit developing opportunities in the country as well as to match long term requirement...
By Business reporter | Published: 10 June 2013
Lafarge's full year revenue is projected to increase by 29% to $90 million compared with $70 million recorded in 2012, MD Jonathan Shoniwa has said. Giving a trading update after publishing fin...
By Business reporter | Published: 10 June 2013
Edgars Limited MD Linda Masterson told an analyst briefing yesterday that low disposable income in the market and heavily indebted customers are negatively affecting the retail sector including the...
By Business reporter | Published: 10 June 2013
The country's fiscal authorities say they are finalising the setting up of the Commodities Exchange of Zimbabwe, which is expected to assist in the mobilisation of financial resources and ensuring p...
By Staff reporter | Published: 10 June 2013
CLOTHING retailer Edgars Stores Limited posted a profit of $3,79 million for the 52 weeks ending January 5 2013, due to the aggressive account drive, an official from the company has said.Last year ...
By Business reporter | Published: 10 June 2013
ZSE's mainstream Industrials continued to fall in midweek trades but activity improved across the board with a total of 43 counters recording trades out of the active 69 compared with just 29 that tr...
By Business reporter | Published: 10 June 2013
TSL is in a good shape and expects to begin to build on platforms it has established, CEO Washington Matsaira told the AGM.Purchases of contract tobacco at TSL Classic have commenced and the unit was...
By Business reporter | Published: 10 June 2013
Pastel Software Zimbabwe, in partnership with Utande, on Tuesday launched Sage Pastel My Business Online, a cloud based accounting programme designed for start-up and small businesses that enables th...
By Chengetai Chinembiri | Published: 10 June 2013
Government is planning to temporarily lift the ban on chrome ore exports and introduce a value addition levy on all exports to raise money for the expansion of the country's smelting capacity. Deput...
By Staff reporter | Published: 10 June 2013
The ministry of Transport will from June 30 2013, issue new 15 year licences under a Converged Licencing Framework at a fee of $180 million.Under the current framework, operators are only allowed t...
By Staff reporter | Published: 10 June 2013
ZSE's Industrials stayed in the red on Tuesday after an uninspiring session where only 4 counters managed gains against 6 that traded lower while 19 remained unchanged from previous levels.There wer...
By Business reporter | Published: 10 June 2013
Powerspeed has slowed down their sales to non-retail customers because of slow payments and the company now eyes further retail expansion, MD Hilton Macklin told the AGM this morning. "The pr...
By Business reporter | Published: 10 June 2013
Zimbabwe surpassed its revenue target for February this year, after collecting $278 million against a target of $250 million as government seeks to consolidate efforts to raise funds for capital and...
By Staff reporter | Published: 10 June 2013
National Railways of Zimbabwe (NRZ) train operators yesterday went on strike in protest over management's failure to pay their salaries. The 450 workers claimed they have not been paid over the...
By Staff reporter | Published: 10 June 2013
The Cold Storage Company will soon embark on a project to breed 14 000 cows and 360 bulls at its ranches countrywide, a Cabinet minister has said.In a report presented before a Parliamentary Portfol...
By Staff Reporter | Published: 10 June 2013
ZSE shares faltered in Monday morning trades as Zimplow Holdings new shares commenced trading on the ZSE.Zimplow Holdings shares added 1c to 4.5c on a volume of 1 136 353 shares. This follows the is...
By Business reporter | Published: 10 June 2013
Zimplow Holdings new shares commenced trading on the ZSE this morning with about 1.136 million shares changing hands at 4.5c, a premium of 28.57% on the last trading price of 3.5c. Finance min...
By Business reporter | Published: 10 June 2013
Telecel is now giving subscribers double the data they pay for when they buy data bundles worth $10 or more. It is also giving away 300 Mb of data and 30 text messages with its dongle, which now co...
By Matthews Estell | Published: 10 June 2013
Econet Wireless last week donated 4 700 solar lamps to various charities to help alleviate the current electricity shortages affecting the country.Speaking at the handover ceremony of the lamps in H...
By staff Reporter | Published: 10 June 2013
Female Zimbabwean politicians are still disadvantaged, female journalists fewer than males, but female publishers? Almost totally unheard of!Minenhle Dhlomo seeks to change all that and has already...
By Mxolisi Ncube | 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
