GOVERNMENT may revoke coal mining licences held by 31 local firms for suspected speculative purposes at the expense of genuine investors. Mines and Mining Development Deputy Minister Gift Chimanikir...
FINANCIAL analysts Renaissance Capital have projected Innscor Africa Limited's revenue to increase by 8 percent to US$345 million in the first six months of its financial period to December 31, 2012...
Heavily capitalised counters Delta, Econet and Innscor extended gains on Monday to help the Industrials open new week in the positive.The Industrials Index added 2.09 points or 1.58% to 187.68 while...
The new board chairman for Econet Wireless Zimbabwe, James Myers, has described the company as a world-class operation that can stand "toe to toe" with operations from anywhere in the world.The vete...
THE Reserve Bank of Zimbabwe (RBZ) has cancelled the registration of Barbican Bank after it failed to commence banking business within the required time frame, the apex bank said on Friday.In a not...
Government is expected to announce reduced mining fees and levies this month, The Sunday Mail Business has established. Negotiations between Government, the Zimbabwe Chamber of Mines and the Zimbabw...
The International Monetary Fund (IMF) has admitted that its failure to restore funding to Zimbabwe is delaying recovery of productive sectors.The IMF team which was in the country to assess economic...
Zimplats has been given 30 days to appeal a government directive that miner give up nearly 28ha of land believed to contain significant mineral claims, reported Business Day.Nearly 28ha of land leas...
THERE was drama yesterday at Parkade Centre in Bulawayo, a building that houses the headquarters of the National Railways of Zimbabwe (NRZ), when wives of the parastatal's workers burst into tears ...
Government has finalised the repossession of the 28 000 hectares of ZIMPLATS reserves following the gazetting of General Notice 123 of 2013 giving effect to the compulsory acquisition of the plat...
Delta rebounded on Friday to close in the positive as Econet continued to rise after its 10 for one share split yesterday, snapping the Industrials 4-day losing streak while Minings continued to sin...
New gateway marks the 130th destination milestone for the airline HARARE - Emirates, one of the fastest growing airlines in the world, has launched its daily non-stop service from Dubai to Hou...
ZSE's Industrials continued to sink on Wednesday after Delta lost another 5% to 114c while overall activity improved with a total of 46 counters recording trades compared with just 26 yesterday.The ...
Industry officials have said that anxiety over the forthcoming general elections and perceived risk is stalling the country's efforts to harness the much needed capital. Speaking at a one day-confer...
The Supreme Court has upheld a decision by an arbitrator ordering Gold Driven Investments to pay US$16,4 million to TelOne in settlement of a debt accrued in some tobacco selling deals between the p...
The Tobacco Industry and Marketing Board says Zimbabwe should be actively involved in the dialogue around banning tobacco to protect its economic interests. TIMB board chairman Mrs Monica Chinamasa ...
Leading security services provider Securico managing director Mrs Devine Ndhlukula was voted African Woman of the Year for 2013 at the distinguished African Achievers' Awards gala dinner held in Nai...
INGWEBU Breweries is set to re-open most of its beer outlets closed at the height of economic challenges as it completes the leasing of facilities under a franchise model.In an interview, Ingwebu Br...
Government's mining arm, the Zimbabwe Mining Development Corporation (ZMDC) says it has intensified the search for a strategic partner for the resuscitation of Shabanie Mashava Mine (SMM).The para...
Financial services group Vunani is positioning itself to spread its operations across the southern African continent, a message that came through an acquisition in Zimbabwe.The JSE-listed Vunani ann...
ZSE's Industrials continued to sink on Wednesday after Delta lost another 5% to 114c while overall activity improved with a total of 46 counters recording trades compared with just 26 yesterday.The ...
CBZH is expecting another good year in F13 with total income growth of 10% and further growth in assets of 19.5% on the back of diversified income and increased credit lines, CEO John Mangudya told...
CBZ HOLDINGS has posted yet another solid set of financial results in the full year to December 31, 2012, as profit after tax vaulted 48,4 percent to US$45 million, compared with US$30,3 million ove...
Schweppes Zimbabwe yesterday announced a retail price reduction for the two-litre Mazoe Orange Crush from US$3,50 to $3.00.The price reduction has been attributed to improved operational efficiencie...
THE Zimbabwe Stock Exchange-listed telecommunications firm Econet Wireless says small investors will now be able to buy its shares when shareholders vote for a share split tomorrow. In a statement, ...