THE majority of Zimbabweans countrywide are in support of continued dollarisation of the economy introduced in 2009, a report by the Mass Public Opinion Institute (MPOI) says.The report, presented ...
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...
President Robert Mugabe has urged broadcasting authorities to put to good use the new US$6,5 outside broadcasting equipment and a satellite up-link for the good of the nation.Mugabe was speaking so...
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...
ZSE's heavily capitalised counters rebounded on Tuesday to help Industrials recover from losses recorded in the past 2 sessbns as buyers trickled back into a few selected counters.The Industrials In...
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...
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...
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...
Prime Minister Morgan Tsvangirai has called for a parliamentary probe on indigenisation after disturbing reports of alleged misdemeanours and corruption in handling empowerment transactions.In a st...
Zimbabwe Statistics Agency has adopted a new Consumer Price Index (CPI) formula, with new weights and classifications in line with international guidelines. The new CPI takes effect from January, 20...
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...
STOCKBROKERS are fighting a losing battle in their bid to stop the privatisation of the Zimbabwe Stock Exchange, Securities Commission of Zimbabwe chief executive Mr Tafadzwa Chinamo has said.Addres...
ZSE's Industrials opened the new week in the negative territory weighed down by losses in heavyweight Innscor whist Minings rebounded on gains in Falgold and RioZim.The Industrials Index eased 0.80 ...
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...
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....
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...
ZIMBABWE should focus on diversifying its export basket for it to lower the widening trade deficit, the African Development Bank has said. The country presently imports about US$7 billion worth of ...
Reports from Brussels, Belgium suggest that the United Kingdom has struck a deal with Belgium on the need for Marange diamonds to return to the European Union markets.According to the reports, Belgi...
Energy experts forecast that local fuel prices will continue rising over the next two months in tandem with trends on the international market, raising fears that this might have a knock-on effect o...
THE Ministry of Industry and Commerce is still waiting for CABS and Treasury to disburse $5 million to the 30 companies that the ministerial taskforce identified and is in the dark about the latest ...
THE Manicaland Business Community has expressed mixed feelings over the recently announced Reserve Bank of Zimbabwe policy of a substantial reduction and scrapping of bank charges on short-term depo...
ZSE shares waded back into the negative territory on Friday as 12 counters that managed gains failed to cancel out losses in just 6 counters across the board.ZSE indices were not yet available by 3:3...
MNCapital and Africonomie, leading International Investment Advisory and Institutional Business Development firms in association with SHAEM Investments, Zimbabwean Emerging Markets Advisory and Comm...
Government will codify into law the Memorandum of Understanding between the Reserve Bank of Zimbabwe and banks if the agreement is not fully implemented, Finance Minister Tendai Biti has said.The f...
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...