THE collapsed David Whitehead could be thrown into liquidation due to insolvency, denting the hopes of more than 3 000 employees who were expecting to return to work.The provisional judicial manager...
By Business Reporter | Published: 10 June 2013
ZIMBABWE Stock Exchange-listed health care products manufacturer and supplier Medtech Holdings is negotiating with a local company for the disposal of its remaining shareholding in Zimbabwe Pharmac...
By Staff Reporter | Published: 10 June 2013
PRESIDENT Robert Mugabe's family dairy company has stepped up efforts to claim market share in the highly competitive sector after it embarked on an aggressive marketing drive.Alpha Omega, a subsid...
By Staff reporter | Published: 10 June 2013
HARARE - African Sun is expecting revenue to rise by 8% in the year to September 2013, with EBITDA forecast at 12%, unchanged on last year, Group CE Shingi Munyeza told the AGM. At the briefing for ...
By Business reporter | Published: 10 June 2013
HARARE - There is now limited scope for rent reviews in the sector and ZPI is focusing on growing the contribution of projects to total income, MD Edson Muvingi told an analysts briefing yesterday.&...
By Business reporter | Published: 10 June 2013
Masimba Holdings will focus on developing adequate long-term funding structures in order to help the group exploit developing opportunities in the country as well as to match long term requirement...
By Business reporter | Published: 10 June 2013
Lafarge's full year revenue is projected to increase by 29% to $90 million compared with $70 million recorded in 2012, MD Jonathan Shoniwa has said. Giving a trading update after publishing fin...
By Business reporter | Published: 10 June 2013
CLOTHING retailer Edgars Stores Limited posted a profit of $3,79 million for the 52 weeks ending January 5 2013, due to the aggressive account drive, an official from the company has said.Last year ...
By Business reporter | Published: 10 June 2013
TSL is in a good shape and expects to begin to build on platforms it has established, CEO Washington Matsaira told the AGM.Purchases of contract tobacco at TSL Classic have commenced and the unit was...
By Business reporter | Published: 10 June 2013
Pastel Software Zimbabwe, in partnership with Utande, on Tuesday launched Sage Pastel My Business Online, a cloud based accounting programme designed for start-up and small businesses that enables th...
By Chengetai Chinembiri | Published: 10 June 2013
Government is planning to temporarily lift the ban on chrome ore exports and introduce a value addition levy on all exports to raise money for the expansion of the country's smelting capacity. Deput...
By Staff reporter | Published: 10 June 2013
The ministry of Transport will from June 30 2013, issue new 15 year licences under a Converged Licencing Framework at a fee of $180 million.Under the current framework, operators are only allowed t...
By Staff reporter | Published: 10 June 2013
Powerspeed has slowed down their sales to non-retail customers because of slow payments and the company now eyes further retail expansion, MD Hilton Macklin told the AGM this morning. "The pr...
By Business reporter | Published: 10 June 2013
The Cold Storage Company will soon embark on a project to breed 14 000 cows and 360 bulls at its ranches countrywide, a Cabinet minister has said.In a report presented before a Parliamentary Portfol...
By Staff Reporter | Published: 10 June 2013
Telecel is now giving subscribers double the data they pay for when they buy data bundles worth $10 or more. It is also giving away 300 Mb of data and 30 text messages with its dongle, which now co...
By Matthews Estell | Published: 10 June 2013
Econet Wireless last week donated 4 700 solar lamps to various charities to help alleviate the current electricity shortages affecting the country.Speaking at the handover ceremony of the lamps in H...
By staff Reporter | Published: 10 June 2013
STRUGGLING national airline Air Zimbabwe plans to acquire two new Embraer aircraft to service its domestic and regional routes as it seeks to turn around its fortunes, well-placed sources said this ...
By Business reporter | Published: 10 June 2013
Zimplow Holdings Limited is targeting $100 million turnover by 2015 amid negotiations by the group with some financiers to provide tractors and other implements on an asset based finance scheme, gr...
By Business reporter | Published: 10 June 2013
STANDARD Chartered Bank Zimbabwe is committed to supporting the revival of industries in Bulawayo and will continue facilitating the development and growth of the economy, the bank's chairman, Mr Sa...
By Business reporter | Published: 10 June 2013
South Africa's Standard Bank wants to keep a majority stake in its Zimbabwean unit, its new joint chief executive said on Thursday, despite Harare's demand to hand control to local blacks.Zimbabwe i...
By Business reporter | Published: 10 June 2013
ECONET Wireless Zimbabwe is to extend its footprint into South Africa, with plans to open a new shop in Johannesburg to serve its Zimbabwean clients, BusinessDay reported.Econet's first shop in Sout...
By Staff reporter | Published: 10 June 2013
ALEX Mhembere, CEO of Impala Platinum's (Implats') unit in Zimbabwe says Zimplats will not abandon its operations in the country despite the fresh waves of uncertainty the company is facing.Mhember...
By miningmx | Published: 10 June 2013
Standard Chartered Bank has added a second branch in Bulawayo with officials saying the financial institution is playing its role in the industrial revival of the city. The bank plans to invest $10...
By Staff reporter | Published: 10 June 2013
PPC Zimbabwe, the country's largest cement producer, says it has secured US$200 million to build a second plant in Mount Darwin. Chief executive Mr Zak Limbada said drilling was in full swing and wo...
By Business Reporter | Published: 10 June 2013
At least 1 500 low-income earners are set to benefit from residential stands that will be launched by the Allied Bank in conjunction with the Zimbabwe Amalgamated Housing Assocation in Norton on Sat...
By Business 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
