MERLIN judicial manager Cecil Madondo has pleaded with company shareholders to withdraw court cases or risk the company's total shutdown.Once listed among the largest textile companies in the country,...
By Staff reporter | Published: 12 February 2019
Capital Bank Corporation has been provisionally wound up after the financial institution failed to service its debts amounting to over $25 million.The decision by the High Court followed an applicatio...
By Staff reporter | Published: 12 February 2019
Zimbabwe's recurrent political turmoil-which took a turn for the worse after last year's disputed presidential election - is hurting the economy badly by amplifying negative perceptions about the coun...
By Fin Gaz | Published: 07 February 2019
SecZim says it is optimistic that the capital markets will perform exceptionally well this year, despite economic headwinds. Zimbabwe is facing its economic crisis in a decade as shown by increasing f...
By Fin Gaz | Published: 07 February 2019
African Guaranteed Fund (AGF), the foreign backers of Untu Capital's bond issue, have withdrawn their support to the microfinance company citing Zimbabwe's current unpredictable economic environment, ...
By Staff reporter | Published: 06 February 2019
INGWEBU Breweries plans to franchise all its beer retailing outlets and focus on manufacturing and distribution of traditional beer, a development which could increase the company's revenue by at leas...
By Staff reporter | Published: 06 February 2019
RAINBOW Tourism Group (RTG) says the refurbishment of its Bulawayo Rainbow Hotel will be completed by March 31, in time for the Zimbabwe International Trade Fair. RTG corporate communications an...
By Staff reporter | Published: 05 February 2019
Financially-troubled national airline Air Zimbabwe (AirZim) has instructed its travel agents to start charging in foreign currency for passengers flying into the country as the company seeks to turnar...
By Staff reporter | Published: 01 February 2019
Leading digital money transfer service WorldRemit has launched low-cost online money transfers from South Africa to Zimbabwe.Using the WorldRemit app or website, Zimbabweans living in South Africa can...
By Staff reporter | Published: 31 January 2019
Commercial banks deposits rose by 25% to $8 billion in the first 10 months of last year, data from the central bank has shown.According to the Reserve Bank of Zimbabwe (RBZ)'s monthly review of Octobe...
By Staff reporter | Published: 30 January 2019
SOUTH African pharmaceutical group Adcock Ingram says it is assessing the viability of its continued presence in Zimbabwe, given the country's deteriorating economic environment.The Johannesburg Stock...
By Staff reporter | Published: 30 January 2019
ZIMBABWE recorded a trade deficit of $2,3 billion in the period between February and December 2018, latest trade data has shown.Figures released by the Zimbabwe National Statistics Agency (ZimStat) sh...
By Staff reporter | Published: 29 January 2019
FIRST Capital Bank, formerly Barclays Bank Zimbabwe has indefinitely suspended the proposed unbundling of non-core assets for listing on the Zimbabwe Stock Exchange (ZSE). In a statement regarding the...
By Staff reporter | Published: 29 January 2019
SELF-EXILED former Higher and Tertiary Education minister Jonathan Moyo has been given a 10-day ultimatum by the High Court to defend a $5 million defamation lawsuit filed by Vice-President Constantin...
By Staff reporter | Published: 25 January 2019
PRESIDENT Emmerson Mnangagwa's bid to rejoin former British colonies' club, the Commonwealth, as part of his re-engagement efforts with the West, appears to have hit a snag after the ex-colonial maste...
By Staff reporter | Published: 25 January 2019
A TOUR operator in Bulawayo is planning to introduce new tour packages to excite visitors to Matobo National Park as the industry is fast adopting innovative and diverse ideas that will revive interes...
By Staff reporter | Published: 20 January 2019
TODAY, we discuss the legality of the recent shock total blockade of the Internet and subsequent limitation of service to the exclusion of social media sites Facebook, YouTube, WhatsApp and Twitter, a...
By Miriam Tose Majome | Published: 19 January 2019
A 25-YEAR-OLD man from Bulawayo has been arrested at Beitbridge Border Post for attempting to pay duty using fake United States dollar notes. Givemore Tshuma of Nketa suburb, who was supposed to pay a...
By Staff reporter | Published: 19 January 2019
POLICE in Bulawayo recovered property and groceries worth thousands of dollars in Entumbane suburb that were looted by violent demonstrators. The recovered goods include stoves, refrigerators, freezer...
By Staff reporter | Published: 19 January 2019
GOVERNMENT has swiftly moved to avert a potential catastrophe by availing an emergency US$400 million credit facility to manufacturing companies for the importation of critical raw materials, the Zimb...
By Staff reporter | Published: 19 January 2019
TRADING on Zimbabwe's equities market was suspended this week after mass protests and civil unrest unnerved investors in a week punctuated by clashes between state security agents and protestors in mo...
By Staff reporter | Published: 19 January 2019
MINE workers and the Chamber of Mines have agreed to approach the government and table a request for the sector to get at least 80% of their foreign currency earnings, businessdigest has learnt.This c...
By Staff reporter | Published: 19 January 2019
The world's largest brewer Anheuser-Busch InBev (AB InBev) has agreed to place the over $120 million owed to it in unremitted dividends and fees by Delta Corporation into the Reserve Bank of Zimbabwe ...
By Staff reporter | Published: 11 January 2019
The Insurance and Pensions Commission (Ipec), is closely monitoring three under-capitalised life assurance firms - Evolution Life, Heritage and Fidelity Life - after the assurers closed the third quar...
By Staff reporter | Published: 08 January 2019
ZIMBABWE'S life assurance industry recorded 68 % decline in after tax profits to $314,85 million in the nine months to September 2018 compared to $979,27 million during the same period in 2017, the in...
By Staff reporter | Published: 08 January 2019
'Zimbabwe running out of passport paper' 
South African billionaire defends white wealth 
UK's Boris Johnson quits over Brexit stretegy 
ZSE suspends Falgold 
Zimbabwe annual inflation rate surges to 236% 
'262 million Zimbabwe-bound substandard products rejected' 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
