Tanganda Tea Company Limited, Zimbabwe's leading tea producer, has unveiled plans to raise US$7 million to shore up working capital, through the disposal of non-core assets and a bridging finance faci...
By Staff reporter | Published: 09 December 2025
The Government has moved to allay growing public and corporate concerns, assuring that the planned transition to a mono-currency system will not compromise the value of foreign currency-denominated s...
By Staff reporter | Published: 04 December 2025
Assets in Zimbabwe's pensions sector grew by 6 percent to US$2,63 billion in the first half of 2025, driven by new investments and fair value gains. However, the Insurance and Pensions Commission (IP...
By Staff reporter | Published: 20 October 2025
The High Court has barred resources group RioZim Limited, currently under corporate rescue, from selling its assets as a legal dispute with workers continues.High Court judge Justice Regis Dembure di...
By Staff reporter | Published: 08 October 2025
RioZim Limited says it will appeal against an interim relief granted in favour of the Zimbabwe Diamond & Allied Minerals Workers Union (ZDAMWU), which represents some of the company's employees i...
By Staff reporter | Published: 18 August 2025
Farming equipment and livestock belonging to former Water Resources minister Munacho Mutezo are set to be auctioned today in Odzi, Manicaland, as part of efforts to recover a US$750,000 debt owed to h...
By Staff reporter | Published: 16 August 2025
The legal team representing Zimbabwe's Vice-President, General (Retired) Dr. Constantino Guveya Dominic Nyikadzino Chiwenga, has welcomed the recent forfeiture ruling handed down by the Gauteng High C...
By Staff reporter | Published: 29 July 2025
The Public Service Pension Fund's (PSPF) move to acquire the iconic Monomotapa Hotel underscores the persistent hunger among Zimbabwean pension funds for commercial real estate investments - even thos...
By Staff reporter | Published: 27 June 2025
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
Mnangagwa takes sole charge of Zanu-PF vehicle donations 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
SA bitcoin firm mulls Zimbabwe listing 
Gold edges up as traders await guidance 
Mnangagwa fires Chitando, appoints Polite Kambamura 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
