The government has approved the disposal of a 49% stake in Agribank, paving the way for private investors to inject fresh capital.In a move expected to result in Agribank increasing its capital leve...
A 4% loss in Delta dragged the Industrials further down on Tuesday despite renewed interest in selected heavyweights.The Industrials Index lost 0.44 points or 0.24% to 185.37 while the Minings Index...
HARARE - SkyCargo, the freight division of Emirates, one of the world's fastest growing airlines, has been named Global Cargo Airline of the Year, by The STAT Trade Times, organisers of the Air Carg...
Air Zimbabwe Acting Chief Executive Officer Innocent Mavhunga says his company is still riddled with financial challenges and will continue staggering its workers’ salaries.The national airline, w...
Innscor's consecutive loss of another 4.99c to 90c further weakened the Industrials at week's opening albeit gains being recorded in Econet and BAT.The Industrials Index lost 0.79 points or 0.42% to...
Dubai based property firm Joz Group plans to build a multi-million dollar 5-star hotel in Zimbabwe. Muhammad Nabeel, Joz's CEO, was recently in Harare scouting for site to build the hotel. Sources c...
Knight Frank an international property management firm that oversees Bulawayo Centre shopping mall, plans to embark on the second phase of the mall at an estimated cost of $10 mln. The second phase,...
CHINESE Commerce Minister Chen Deming has pledged his country's commitment to invest in capital projects in Zimbabwe and help the country address its infrastructural problems relating to roads, wate...
ONE of the country's biggest manufacturer and marketer of food and beverage products Dairibord Holdings Limited is relocating equipment from its Bulawayo factory to other cities citing viability cha...
Diversified Zimbabwe Stock Exchange-listed concern Innscor Africa looks headed for a showdown with an indigenous businessman who has slapped its associate company and four of its directors with a US...
Zimbabwe's banking industry is set for major reforms in line with new banking regulations that are expected to be operational next month.In terms of amendments to the Banking Act, shareholders of fi...
YOUTH Development, Indiginisation and Empowerment Minister Saviour Kasukuwere has implored Bulawayo youths to take the city's economy back to its feet.Addressing youths during the handover of the c...
Transport, Communication and Infrastructural Development Minister Nicholas Goche has appointed a new board for Air Zimbabwe.The new board has been tasked with coming up with innovative ways to reviv...
There were only 3 counters to trade lower on Friday but Innscor's 5% fall managed to cancel out gains in 10 other counters including another heavyweight Econet, snapping the Industrials' 3 day risin...
THE least paid workers in the insurance sector have been awarded a 34 percent salary hike for the period January to December 2013, after a compromise agreement that will see the lowest paid worker g...
ZSE's Industrials rose for the third consecutive day on Thursday helped by strong performance in Econet and BAT while the resources sector remained strained.The Industrials Index added 0.34 points o...
Cafca's four months to January turnover is up 14%, managing director Rob Webster told the AGM this afternoon. He also said margins for the period are down as they are selling more aluminum tha...
Pastel Software Zimbabwe will on March 12 launch Sage Pastel My Business Online, a cloud based accounting programme designed for start-up and small businesses that enables them to do their accounts ...
Aon Plc, the world's second-largest insurance broker by market value, agreed to sell Aon Zimbabwe after the unit's license was revoked by the the Zimbabwean authorities.Aon Zimbabwe has been operati...
Econet has appointed Cuthbert Tembedza as chief executive solely for EcoCash, indicating growing confidence in the mobile money transfer business. Tembedza, who has been with the mobile network oper...
THE Zimbabwe Stock Exchange-listed Zimplow has issued a profit warning advising that its results for the year ending 31 December 2012 would be lower than those achieved the previous year. Company se...
Econet Wireless has announced that Stanbic Bank is now offering its customers full access to EcoCash.Stanbic Bank becomes the first international bank in the country to get connected to EcoCash. Th...
Renewed interest in ZSE's heavily capitalised counters saw the Industrials advance for the second straight session to hit a new record level while the resources sector remained largely inactive.The ...
Telecel has introduced a new fixed payment platform and is offering existing and potential customers new attractive fixed payment contract packages that allow unlimited local calls and bonus text me...
AIR Zimbabwe has engaged South African Airways (SAA) to carry out some maintenance check on one of its Airbus aircraft as the airline readies itself to re-launch regional and international flights n...