All newly sworn-in Members of Parliament (MPs) have a deadline of November 7 to submit their financial interests lists to Parliament, as mandated by the Constitution and Parliament's standing rules an...
By Staff reporter | Published: 12 September 2023
The Zimbabwean economy is fundamentally going through what the global economy is experiencing as well, albeit due to slightly different dynamics. A safe haven is generally a place where investors "par...
By Staff reporter | Published: 23 September 2019
Insurance giant Old Mutual Zimbabwe released its financial results for the half year ended 30 June 2019. The headline figure was the 671% growth in profit before tax to $509.2 million while operating ...
By Staff reporter | Published: 23 September 2019
MEIKLES Limited is seeking approval from its shareholders to sell part of its hospitality assets. In a cautionary statement, Miekles company secretary Thabani Mpofu said talks of the asset disposal we...
By Staff reporter | Published: 03 May 2019
VAST Resources Plc (Vast) says it has now completed the sale of its 25 percent shareholding in Pickstone Peerless Gold Mine in Zimbabwe as it focuses on its new diamond concession at Chiadzwa.The Lond...
By Staff reporter | Published: 25 April 2019
THE majority of Bulawayo councillors have refused to declare their assets and interests, notwithstanding pressure from residents, with mayor Solomon Mguni calling the move "a voluntary exercise".Only ...
By Staff reporter | Published: 25 April 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
FIRST Capital Bank, formerly Barclays Bank Zimbabwe, has approved the unbundling of non-core assets set for listing on the Zimbabwe Stock Exchange (ZSE). In a renewal of cautionary statement to shareh...
By Staff reporter | Published: 01 January 2019
Zimbabwean assets are the biggest and best buy in Africa for investors at the moment while property rights are very secure, Finance and Economic Development Minister Professor Mthuli Ncube has said. I...
By Staff reporter | Published: 07 December 2018
ONLY two out of 29 Bulawayo councillors have heeded the call by residents to declare their assets.The call to declare the assets was made by the Bulawayo Progressive Residents' Association (BPRA) in S...
By Staff reporter | Published: 16 November 2018
THE Bulawayo Progressive Residents' Association (BPRA) has petitioned incoming councillors to declare their assets to prevent unbridled corruption as witnessed in the previous council.Former Local Gov...
By Staff reporter | Published: 06 September 2018
TOTAL assets in the pension industry declined by 6,5% to $4,03 billion in the fourth quarter of last year due to a shrinkage in equity investments that were affected by a drop in equity prices.The Ins...
By Staff reporter | Published: 20 July 2018
POSITIVE performance on the Zimbabwe Stock Exchange (ZSE) has spurred asset bases of local life assurance companies, as the sector closed the first quarter with an asset base of $2,82 billion, it has ...
By Staff reporter | Published: 28 June 2018
ASSETS in the life insurance industry have grown by 68 percent to $2, 52 billion in the past four years to 2017 on the back of a bull run experienced last year.Figures from the Insurance and Pension C...
By Staff reporter | Published: 27 June 2018
TEXTILE giant, Merlin, has filed a High Court application seeking to dispose obsolete and non-core assets to raise additional working capital.The Bulawayo-based company, which presently is under judic...
By Staff reporter | Published: 15 May 2018
Magistrates at the anti-graft courts have been ordered to forfeit assets purchased from proceeds of corruption according to the law, as a deterrent measure to the vice.Addressing stakeholders in the f...
By Staff reporter | Published: 30 March 2018
The government has ordered all those who "externalised" huge sums of money to acquire properties outside the country to declare their assets, as the deadline for the return of all looted funds draws c...
By Staff reporter | Published: 14 March 2018
President Emmerson Mnangagwa's decree that Cabinet ministers and senior central and local government officials must declare their assets by end of February has been hailed as noble, but analysts say m...
By Staff reporter | Published: 25 January 2018
PRESIDENT Emmerson Mnangagwa has directed public office holders including ministers, top civil servants and parastatal bosses to declare their assets before the end of next month.In a statement yester...
By Staff reporter | Published: 24 January 2018
First Mutual Holdings Limited says the completion of the disposal of its 19,95 percent shareholding in Rainbow Tourism Group (RTG) to the National Social Security Authority (NSSA) will help the insura...
By Staff reporter | Published: 02 October 2017
THE total value of Zimbabwe Stock Exchange hit a new record high on Tuesday as investors holding on to near-cash assets continue to pile into the bourse as a safe haven over currency concerns. At pres...
By Staff reporter | Published: 07 September 2017
Old Mutual Ltd will take positions in real assets and avoid monetary assets to preserve value, CE Jonas Mushosho said.This comes amid concerns inflationary pressures are re-emerging in the economy.Mus...
By Staff reporter | Published: 11 August 2017
Zimbabwe Stock Exchange-listed agro-industrial concern, Zimplow, is set to dispose more non-core assets in the coming year as the group seeks to restructure debts and focus on its primary business.Gro...
By Staff reporter | Published: 07 June 2015
Zimplow Holdings Limited is at an advanced stage of disposing some of its non-core assets in order to reduce its current borrowings, group CEO Zondi Kumwenda told an AGM earlier today."It remains the ...
By Staff reporter | Published: 05 May 2014
Mwana Africa Plc (Mwana) is set to regain $47,3 million it had written off on Bindura Nickel Corporation (BNC)'s non-current assets over viability concerns of the Zimbabwe-based unit, an investment in...
By Staff reporter | Published: 25 March 2014
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
