The Insurance and Pensions Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confi...
By Staff reporter | Published: 02 October 2019
The ZSE closed 0.9% higher after moderate gains in Econet and Innscor offset losses in Cassava and Delta. The session yielded ten gainers and ten fallers, with mid-tier stocks featuring prominently am...
By Staff reporter | Published: 02 October 2019
Zimbabwe's raw milk production in the first 8 months to August rose 10% to 52.51 million litres from 47.84 million litres recorded in the same period last year. However, the output is still 56% below ...
By Staff reporter | Published: 02 October 2019
Gold production at Eureka Mine in Guruve is expected to resume within the next 18 months with refurbishment and rehabilitation work progressing well.At its peak , Eureka Gold Mine was the country's pr...
By Staff reporter | Published: 02 October 2019
Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...
By Staff reporter | Published: 02 October 2019
THE Public Service Commission (PSC) has extended the biometric authentication project and mop-up exercise to October 31, 2019 as Government presses ahead with reforms to restore order in the civil ser...
By Staff reporter | Published: 01 October 2019
Government is working on various policies to ensure sustainable electricity supply in the long-term after securing a deal from Mozambique's Hydroelectrica de Cahora Bassa (HCB) of Mozambique for the s...
By Staff reporter | Published: 01 October 2019
GOVERNMENT has stopped construction of what was supposed to be late former President Robert Mugabe's mausoleum at the National Heroes Acre two days after he was buried at his rural Zvimba home, NewZim...
By Staff reporter | Published: 01 October 2019
COAL miner, Makomo Resources, has reported a 27 percent drop in production for the first nine months of 2019, attributed to procurement gaps as a result of a shortage of foreign currency. The Hwange-b...
By Staff reporter | Published: 01 October 2019
FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...
By New Ziana | Published: 01 October 2019
THE Reserve Bank of Zimbabwe has banned with immediate effect all cash-in, cash-out and cash-back transactions, which were used by some dealers to extort cash from members of the public. Further, the ...
By Staff reporter | Published: 01 October 2019
Zimbabwe's poverty datum line has increased by a further 13 percent for the month of August to more than 1 800 dollars resulting in continued deteriorating purchasing power for the majority.The povert...
By Staff reporter | Published: 01 October 2019
ZIMBABWE'S largest financial services group CBZ Holdings Limited recorded a 301% increase in profit-after-tax to ZWL$137,4 million in the six months ended June 30, 2019 from a comparative 2018 of ZWL$...
By Staff reporter | Published: 01 October 2019
FINANCIAL Services giant ABC Holdings Limited has conceded that currency reforms are yet to yield results as the country continues to witness heavy devaluation of the local currency and hyperinflation...
By Staff reporter | Published: 01 October 2019
CALEDONIA Mining Corporation (Caledonia) says its unsecured $4 million overdraft facility in Zimbabwe has remained undrawn."The company currently has no plans to raise equity. Blanket has an unsecured...
By Staff reporter | Published: 01 October 2019
THE People's Own Savings Bank (POSB)'s chairperson Mathilda Dzumbunu says the bank's partial privatisation has moved an inch closer amid revelations that a transaction advisory services consultant was...
By Staff reporter | Published: 01 October 2019
Ministers have recently issued threats against Econet's mobile money service, EcoCash, whose agents are accused of charging desperate Zimbabweans looking for cash a massive premium of up to 60 percent...
By Staff reporter | Published: 30 September 2019
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it got offers four times more than the $100 million it sought to raise through treasury bills (TBs), signalling high investor appetite in the instrume...
By New Ziana | Published: 30 September 2019
In what analysts have described as a major blow to the advent of mobile money and financial inclusion, the Zimbabwean central bank has banned mobile money agencies from facilitating cash withdrawals o...
By Staff reporter | Published: 30 September 2019
Diversified Industrial conglomerate, Innscor Africa Limited defied the challenging economic environment and reported a surge in profitability for the year to June 30, 2019, on good product mix and vol...
By Staff reporter | Published: 30 September 2019
The Reserve Bank of Zimbabwe in partnership with other stakeholders is working on a National Fintech Strategy and has already put in place an Interagency Fintech Working Group that is expected to play...
By Staff reporter | Published: 30 September 2019
YOUNG Miners Foundation (YMF) chief executive Payne Kupfukwa has lamented that the local mining industry was lagging behind in terms of technology, with firms using archaic and inefficient equipment.K...
By Staff reporter | Published: 30 September 2019
TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...
By Staff reporter | Published: 30 September 2019
CALEDONIA Mining Corporation has bemoaned the rampant increase of illegal mining activities on properties controlled by its gold mining company, Blanket Mine in Gwanda.Blanket Mine has exploration tit...
By Staff reporter | Published: 30 September 2019
Nelson Chamisa hailed the MDC as "the bravest, strongest and most consistent" party as the opposition movement marked its 20-year anniversary at Rufaro Stadium on Saturday.Chamisa said the MDC bore sc...
By Staff reporter | Published: 30 September 2019
Bulawayo mulls night patrols to tackle littering 
South Africa is in serious trouble 
US halts visa services for Zimbabwean nationals 
ZSE and VFEX recover after weak 1st half 
Gold edges up as traders await guidance 
Zimbabwe Agricultural Show 2025 kicks off 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
