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...
By Business reporter | Published: 10 June 2013
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 ...
By Chengetayi Chinembiri | Published: 10 June 2013
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Plc, the world's second-largest insurance broker by market value, agreed to sell Aon Zimbabwe after the unit's license was revoked by the the Zimbabwean authorities.Aon Zimbabwe has been operati...
By Business reporter | Published: 10 June 2013
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...
By Business reporter | Published: 10 June 2013
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...
By Business reporter | Published: 10 June 2013
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...
By Staff Reporter | Published: 10 June 2013
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...
By Staff reporter | Published: 10 June 2013
Electricity load-shedding is set to ease in most parts of the country after Zesa Holdings cleared its debts to suppliers in the region, although some challenges still remain in supplying enough pow...
By Staff Reporter | Published: 10 June 2013
ZESA Holdings is to refurbish Bulawayo and Harare hermal power stations to improve efficiency at the two power stations that have been operating at sub-optimal levels.The refurbishment at Harare pow...
By Staff Reporter | Published: 10 June 2013
NMBZ shareholders, unanimously voted for all the seven resolutions at an EGM held early this morning paving way for injection of new capital by offshore strategic institutional investors.Chairman Te...
By Business reporter | Published: 10 June 2013
Meikles group revenues for the 9 months ended 31 December 2012 increased by 16% compared with the prior period driven by increased volumes and margins, the company said in an Interim management repo...
By Business reporter | Published: 10 June 2013
Ariston's 4 months to January turnover increased by 26.9% to $5.051 million following a successful recapitalisation exercise chief executive officer Paul Spear told the AGM on Friday. "This ti...
By Business reporter | Published: 10 June 2013
Standard Chartered's private equity arm is looking for more deals in Zimbabwe, a senior executive told Reuters on Monday, betting on a rise in consumer spending after years of hyperinflation.The Br...
By Business reporter | Published: 10 June 2013
Meikles released an encouraging trading update for the nine months to 31 December 2012 highlighting the recovery in group operations. Turnover for the nine months grew by 16% y-o-y driven by increas...
By Business reporter | Published: 10 June 2013
LEADING shoe manufacturer, Bata Shoe Company, intends to source raw hides from neighbouring countries due to a shortage on the local market which has been affecting production at its Gweru factory....
By Business reporter | Published: 10 June 2013
Space booked so far for this year's Zimbabwe International Trade Fair now exceeds space taken by the same period last year, an official has said. ZITF deputy general manager Mrs Noma Ndlovu said a t...
By Staff reporter | Published: 10 June 2013
AIR ZIMBABWE HOLDINGS yesterday said it is pursuing some code sharing arrangements with leading airlines as it seeks to widen it route network. Acting group chief executive Mr Innocent Mavhunga sai...
By Business Reporter | Published: 10 June 2013
NMB has secured $16 million new capital from foreign investors which will help the bank raise more lines of credit for deploying in areas such as mining and agriculture, group CEO James Mushore told...
By Business reporter | Published: 10 June 2013
THE government told platinum producers on Tuesday to start refining the metal locally within two years, placing a further requirement on an industry already forced to surrender majority shares to lo...
By Reuters | Published: 10 June 2013
Afdis reported a strong operating performance showing a 22% growth in sales volumes to 3.2m litres. Local production increased by 21% to 1.7 million litres and accounted for 62.9% of total revenue. ...
By Business reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe has launched a scathing attack on CABS accusing the building society of campaigning against its mobile phone money transfer service, EcoCash, because it offers a similar pro...
By Business Reporter | Published: 10 June 2013
Air Zimbabwe's debt has ballooned to US$188 million, further dampening hopes of securing a strategic partner to help the airline resume full operations.The national airline's debt has accumulated to...
By Staff Reporter | Published: 10 June 2013
Emirates Skywards, the award-winning frequent flyer programme of Emirates Airline, today announced a significant enhancement to its offering with the introduction of ‘Platinum', a new tier which s...
By Mafu Sithabile | Published: 10 June 2013
A senior Econet Wireless executive, Mr Darlington Mandivenga, who is responsible for the rollout of EcoCash, has dismissed a claim reportedly made by Bankers Association of Zimbabwe's immediate past...
By Ndou Paul | Published: 10 June 2013
Workers of express logistics firm DHL Zimbabwe have expressed concern over the future of the company following the transfer of shareholding to four local individuals.The employees are unsure of the...
By Staff Reporter | Published: 10 June 2013
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
