PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...
By Staff reporter | Published: 15 June 2018
DEFUNCT Bulawayo-based tyre manufacturer Auto Tyres Zimbabwe needs about $12 million working capital to resuscitate operations, an official has said.Formerly, Dunlop Zimbabwe, the giant firm stopped p...
By Staff reporter | Published: 15 June 2018
Rainbow Tourism Group (RTG) revenue for the first five months this year has gone up 16 percent to $11,1 million from $9,6 million during the same period last year due to improved occupancy acros...
By Staff reporter | Published: 15 June 2018
STATE-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC) has grown its balance sheet to almost $250 million on the back of an intensive investment drive that sought to build asset...
By Staff reporter | Published: 15 June 2018
In a move to enhance destination awareness and foster market visibility, the Zimbabwe Tourism Authority (ZTA) has appointed VFS Global to promote Zimbabwe as a preferred tourism destination in both In...
By Agencies | Published: 14 June 2018
Zimbabwe's gold production continues to increase after hitting 13.3 tonnes in the five months to May this year which is already higher than the 9.9 tonnes achieved during the first half last year.Stat...
By Staff reporter | Published: 14 June 2018
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according ...
By Agencies | Published: 14 June 2018
Zimbabwe needs to fix its foreign exchange shortage if it is to attract more investment, RJ Corporation chairperson Ravi Jaipuria said.RJ Corporation owns Varun Beverages which in turn holds the Pepsi...
By Staff reporter | Published: 14 June 2018
A STORM has rocked Telecel Zimbabwe over its ownership structure, as two directors James Makamba and Gerald Mlotshwa, are both claiming chairmanship of the country's third largest telecoms group.Makam...
By Staff reporter | Published: 14 June 2018
President Mnangagwa yesterday commissions a $30 million Varun Beverages plant in Harare and called for more foreign companies to be part of the country's new economic drive aimed at upgrading people's...
By Staff reporter | Published: 14 June 2018
Government has launched the Zimbabwe Motor Industry Development Policy (ZMIDP) that is expected to see the sector ramping up capacity from the current levels of under 10 percent to full capacity by 20...
By Staff reporter | Published: 14 June 2018
Once Zimbabwe's iconic departmental store, Greatermans Stores, is set to lose various electrical goods over a long standing debt to a local company.Greatermans Stores closed shop a few years ago to pa...
By Staff reporter | Published: 13 June 2018
ZAMBEZI Gas, a coal mining firm in Hwange, is breathing fire over its loss of 11 720 hectares of land allegedly to Makomo Resources under unclear circumstances.Owned by locals, some of whom have opera...
By Staff reporter | Published: 13 June 2018
A South African based women's investment Initiative Black Women in Business Forum (BWBF) has agreed to sign an investment deal with Zimbabwe's Leading Business Women's Association (LBWA). The investme...
By Staff reporter | Published: 13 June 2018
Angola, Sudan and Zimbabwe are among the top five countries with national carriers that are failing to repatriate revenue from ticket sales to other airlines, APA reported on Tuesday.According to the ...
By APA | Published: 13 June 2018
South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent shareholding in Karo Mining Holdings for $4.5 million.It also bought chrome business Sal...
By Reuters | Published: 13 June 2018
The country is expected to add over 20 000 cows to its national herd within the next months following the successful implementation of Zas-led artificial insemination process, a senior government offi...
By Staff reporter | Published: 13 June 2018
POULTRY feeds production increased by 10% in quantity to 74 241 metric tonnes (mt) in the first quarter of the year, raking in more than $46 million, an industry official has said.In an industry updat...
By Staff reporter | Published: 13 June 2018
RICH diamond deposits have been discovered in Marondera West, with government saying it would only start mining operations after crafting a new diamond law in August.President Emmerson Mnangagwa confi...
By Staff reporter | Published: 13 June 2018
AS the Telecel Zimbabwe ownership wrangle rages on co-founder, Dr James Makamba, has refuted media reports that he has exited the country's third largest mobile network operator, saying he remains in ...
By Staff reporter | Published: 13 June 2018
Insurance giant First Mutual Holdings Limited (FMHL) recorded a 35 percent jump in profit after tax to $5 million in the five months to May 2018, compared to $3,7 million achieved in the same period l...
By Staff reporter | Published: 13 June 2018
SHANGHANI Gold Miners' Association executive member, Ms Henrietta Rushwaya, is set to take over as new Zimbabwe Miners' Federation (ZMF) president tomorrow after she successfully filed her nomination ...
By Staff reporter | Published: 13 June 2018
Government has started exploration of limestone deposits in Zvishavane which have the potential to generate millions of dollars for the country.Mines and Mining Development Minister Winston Chitando s...
By Staff reporter | Published: 13 June 2018
STATE diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC), will invest $400 million under its vision 2025 plan as part of efforts to meet set production target of at least 10 million c...
By Staff reporter | Published: 13 June 2018
SeedCo says it is occupied with dealing with product shortfalls which have negatively impacted on the seed company.The Zimbabwe Stock Exchange-listed pan-African company's chief executive officer Morg...
By Staff reporter | Published: 12 June 2018
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
