A DEAL that would have seen a foreign investor snap up a 35% equity in the Agricultural Bank of Zimbabwe (Agribank) collapsed after a wrangle for control of the bank erupted between two government mi...
By Staff reporter | Published: 10 June 2013
GOVERNMENT plans to limit individual and corporate bodies' shareholding by 5% and 25% respectively in any banking institution as part of instilling corporate governance and responsibility in the sect...
By Staff reporter | Published: 10 June 2013
HOSPITALITY concern, Rainbow Tourism Group (RTG) plans to increase its revenue per available room to US$44 by year-end from the US$35 recorded at the end of 2012.Despite posting a loss before tax of ...
By Staff reporter | Published: 10 June 2013
BROADBAND provider Powertel is in negotiations with the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) as the regulator intends to begin issuing converged licences for servic...
By STaff reporter | Published: 10 June 2013
Speech made by Deputy Prime Minister Arthur O Mutambara at the Zimbabwe Investment Conference held South Africa, on April 3 2013.THERE is need to rethink the imperatives and meaning of a successful Z...
By A.O. Mutambara | Published: 10 June 2013
FOR years, Zimbabwe has faced disapproval for its human rights abuses, farm seizures and political repression.International sanctions have targeted President Robert Mugabe's inner circle and the coun...
By Financial Times | Published: 10 June 2013
AS Zimbabwean-born Ben Magara unbuckled the bungee jump harness after jumping off Victoria Falls bridge three weeks ago, his phone rang with the news that he had got the top job at the world's third-...
By Business Times | Published: 10 June 2013
IT'S just after sunset and temperatures are fast dropping to almost freezing point at Park Station in Johannesburg, South Africa.The chilly weather is making everyone numb.But Sandra Phiri from Bula...
By Staff reporter | Published: 10 June 2013
GOVERNMENT is set to bar directors of banking institutions and holding companies from taking up similar positions in more than two other companies, according to proposed amendments to the Banking Act...
By Staff reporter | Published: 10 June 2013
Embattled mining firm, RioZim Limited, is restructuring its expensive debt to fend off a going concern crisis after high interest rates guzzled into profits, generating a US$5,5 million net loss duri...
By Staff reporter | Published: 10 June 2013
DUAL listed banking group, ABC Holdings Limited, says it plans to raise a further US$100 million in 2013 to consolidate its expanding regional operation, after injecting US$50 million through a right...
By Staff reporter | Published: 10 June 2013
ZIMBABWE Stock Exchange-listed companies may be forced to make more disclosures or republish their financial results for the just ended reporting season as the equities market regulator pushes for mo...
By Staff reporter | Published: 10 June 2013
Savanna Tobacco says it has conquered the Matabeleland region and has now set its eyes on foreign markets, particularly Ivory Coast and Sudan. The company's chief operating officer Tongesai Zvarav...
By Staff reporter | Published: 10 June 2013
Johannesburg - SA Airways has postponed its bond issue in favour of borrowing R1.5bn from two banks, it was reported on Monday.Chief financial officer Wolf Meyer told Business Day this was until th...
By Business Reporter | Published: 10 June 2013
CELSYS LIMITED has announced that Miss Chido Maunze resigned as chief finance officer and director of the company with effect from April 2013. She was appointed CFO of Celsys in September 2010. Acc...
By Business Reporter | Published: 10 June 2013
The Zimbabwe Revenue Authority (ZIMRA) exceeded target collections for the first quarter of this year by 5 percent to reach US$818, 6 million, an official said yesterday. In a statement, ZIMRA boar...
By Staff reporter | Published: 10 June 2013
In a bid to accommodate increasing demand for rail services ahead of schools opening, NRZ has introduced additional passenger train coaches.The second school term begins tomorrow.In a stateme...
By Staff Reporter | Published: 10 June 2013
Angolan Airline (TAAG) has announce that the company will increase to four its flight frequency to Harare, Zimbabwe. The decision follows a bilateral agreement on the air services signed this we...
By Staff reporter | Published: 10 June 2013
ZSE's Industrials ended the holiday shortened week In the positive territory helped largely by gains in Econet, Innscor and OK Zimbabwe.The Industrials Index gained 1.76 points or 0.93% to 191.16 a...
By Business reporter | Published: 10 June 2013
Mystery surrounds Telecel Zimbabwe's indigenisation proposals amid indications that government is not satisfied with the company's plans submitted more than 2 weeks ago. Government had given Telecel...
By Staff reporter | Published: 10 June 2013
The Government should craft legislation that compels foreign-based mining firms operating in the country to also list on the local bourse, says MMCZ. Currently, only two foreign mining firms Bindura...
By Staff reporter | Published: 10 June 2013
DZLH has completed the process of rationalisation and the group resumed normal production in April, group CEO Anthony Mandiwanza told the AGM this morning. "The rationalisation programme which...
By Business reporter | Published: 10 June 2013
Interfin Financial Services publishes an update saying that the curatorship period for Interfin Bank was extended for further 6 months up to June 30 and the bank has not been able to reopen as previ...
By Business reporter | Published: 10 June 2013
AfrAsia Kingdom Zimbabwe is retrenching part of its staff under a "voluntary separation exercise". The financial services group recently said it was restructuring or streamlining operations as part ...
By Business reporter | Published: 10 June 2013
Zimbabwe will increase mining royalties soon to raise $132 million to bankroll the forthcoming elections, Finance minister Tendai Biti has said. The $100 million that had been promised by Pret...
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
