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Central bank monitoring suspicious transactions



THE Reserve Bank of Zimbabwe says it is monitoring suspected illicit transactions and some individual bank accounts which are being used for business operations in a calculated move to circumvent ...Read more

Central bank monitoring suspicious transactions

21 December 2014 | 4235 Views
THE Reserve Bank of Zimbabwe says it is monitoring suspected illicit transactions and some individual bank accounts which are being used for business operations in a calculated move to circumvent ...

by Business Reporter

Mphoko promises to take Bulawayo industries back to their glory days

20 December 2014 | 5874 Views
The Vice President, Phelekezela Mphoko says the Bulawayo business community should work together in finding ways to revive the city's industries.Addressing the business community during a par...

by Staff Reporter

Cash-strapped GMB offers workers maize as pay

20 December 2014 | 2854 Views
THE cash-strapped Grain Marketing Board (GMB) has offered to give its workers maize as part of payment of salary arrears which the national granary owes its workers, NewZimbabwe.com reported.W...

by Staff Reporter

Willowvale Mazda Motor Industries to close down

20 December 2014 | 4073 Views
THE Industrial Development Corporation Zimbabwe (IDCZ) is set to close unviable operations such as Willowvale Mazda Motor Industries, Sino Zimbabwe Cement Company, National Furniture Industries, Motir...

by Staff Reporter

Cimas introduces air ambulance service

19 December 2014 | 2058 Views
Cimas Medical Aid Society has introduced a critical care emergency air ambulance to airlift patients locally and regionally to an appropriate medical facility.Cimas Emergency Air Rescue Se...

by Staff Reporter

Chivas Regal promotion in Zimbabwe

18 December 2014 | 1531 Views
Being a true gentleman is not about what you deserve, it is about who you are, how you treat others and the values that guide your every action.  These values are celebrated by the premium whiske...

by Geraldine Trennery

Telecel launches 'keep your digits' promotion

18 December 2014 | 2916 Views
The battle to win over subscribers from rival operators in a saturated Zimbabwean mobile telecoms market is heating up as Telecel entices users with a phone number promotion, ...

by Staff reporter

Air Zimbabwe saga rages on

17 December 2014 | 1872 Views
An external auditor who audited Air Zimbabwe's accounts told Harare regional magistrate Fadzai Mtombeni on Monday that he was not aware whether or not there was a board resolution to approve his ...

by Staff reporter

MBCA to rebrand to Nedbank

17 December 2014 | 4257 Views
South Africa based financial group Nedbank plans to rename its local unit MBCA Bank to Nedbank Zimbabwe next year. MBCA's MD Charity Jinya said it is too early to confirm the plans and wil...

by Staff reporter

Enjoy Free Wi-Fi in the sky on Emirates A380s

12 December 2014 | 2063 Views
HARARE - Over 200,000 passengers have used Emirates' free onboard Wi-Fi since October this year, taking advantage of the airline's service to connect with family, friends or colleagues when they fly....

by Business reporter

Zesa to import more power from Mozambique

10 December 2014 | 1694 Views
ZESA Holdings is in negotiations with an unnamed regional power supplier to import about 250 megawatts while more than $1 billion will be spent on improving generation capacity and infrastructure ...

by Business Reporter

Emirates Unveils US$500m Long-term Investment to Provide the Best Wines Onboard

09 December 2014 | 1306 Views
HARARE - On any given day, over 60 different wines, champagnes and ports, sourced from the best vineyards in 11 countries, are served onboard Emirates to passengers in all classes. Representin...

by Business Reporter

3 Designers from Intwasa Fashion Show to attach with Edgars Stores - Carousel

08 December 2014 | 2615 Views
The recently held 2014 edition of Intwasa Fashion Show featured 12 young Zimbabwean Designers. The designers that showcased their 10 look 2015 collections are Crox Designers, Sanah Designs, Penelo...

by Hunnar

Engen leads with low sulphur diesel 50 ppm in Zimbabwe

09 December 2014 | 1886 Views
Engen is the first petroleum company in Zimbabwe to offer the environmental benefits of low-sulphur diesel (designated as 50 parts per million or 50ppm).The African energy multinational says ...

by Own correspondent

Munatsi, Moyo and Dzanya to leave BancABC

08 December 2014 | 4690 Views
ABC Holdings announced that Doug T. Munatsi, Group CEO, Beki Moyo, Group CFO, and Francis M. Dzanya, Group COO, will be stepping down from their roles at BancABC at the end of the year. This follows A...

by BancABC

Econet named Super Brand

08 December 2014 | 1979 Views
Zimbabwe's biggest mobile operator, Econet Wireless, was the toast of this year's Superbrand Awards after it was crowned the overall Superbrand of the Year on Friday. The Superbrand Awards...

by Staff reporter

Adrenalin named most outstanding advertising agency

05 December 2014 | 2064 Views
Adrenalin Advertising and Design was named the most outstanding advertising agency in Zimbabwe at the recent Megafest Business Awards ceremony, where it was presented with the Megafest Award of Ex...

by Business Reporter

Joy for motorists as fuel prices go down

05 December 2014 | 7312 Views
FUEL prices have dropped just in time of the festive season when the demand is high, a development which gives motorists who have in the past bemoaned unreasonable fuel prices a sigh of relief....

by Business Reporter

Flyafrica launches Harare - Victoria Falls route

05 December 2014 | 2246 Views
Low cost carrier, Flyafrica  on Monday introduced a new domestic service from Harare to Victoria Falls.Flyafrica Zimbabwe is the first subsidiary of Flyafrica.com group.The lo...

by Business Reporter

Zimbabwean survives PPC boardroom coup

04 December 2014 | 5674 Views
PPC Zimbabwe chairman Todd Moyo will remain on the PPC Ltd board following the cancellation of the annual general meeting which sought to dissolve the board. The entire PPC board had been ...

by Staff reporter

Fogging machine prevents burglars seeing and stealing

03 December 2014 | 2664 Views
Safeguard Alarms has introduced to the Zimbabwe market an Italian fogging system that makes it almost impossible for burglars to steal anything.The UR Fog security system releases a dense ...

by Business Reporter

Zesa successfully commissions billing system

02 December 2014 | 3401 Views
ZESA Holdings, through its subsidiary PowerTel, has successfully commissioned its billing system while efforts are underway to upgrade the network linking Harare-Mutare and Harare-Plumtree, a compan...

by Business Reporter

Emirates and AC Milan Score New Sponsorship Deal

01 December 2014 | 1602 Views
Milan, ITALY - Emirates and AC Milan have today agreed a new five year sponsorship deal, extending the airline's presence on the club's shirts until the 2019/2020 season.During a press co...

by Staff Reporter

Emirates Scores an A380 Hat-trick

01 December 2014 | 2061 Views
HARARE - Emirates, which flies daily from Harare to Dubai via Lusaka, is set to score a hat-trick this week as the airline prepares for the launch of three new A380 destinations in three days....

by Business

Air Zimbabwe risks collapse

01 December 2014 | 3233 Views
AIR Zimbabwe risks collapse if it does not clean up its act as government intends to open up the skies to more airlines, Transport and Infrastructural Development Minister Dr Obert Mpofu has said ....

by Leonard Ncube

Econet, NetOne and Telecel ripping off subscribers

30 November 2014 | 5668 Views
The government says mobile telecommunications companies are ripping off subscribers through high charges for mobile money transfer services.This was revealed at the annual ICTs Achievers Award...

by Staff reporter

Steward Bank launches 'branchless' banking

27 November 2014 | 4089 Views
Steward Bank, a subsidiary of Econet Wireless Zimbabwe, on Wednesday launched a new "branchless" banking model which allows its clients to access banking services through agents without visiting...

by New Ziana

Ericsson, Econet sign five-year deal

24 November 2014 | 2252 Views
Ericsson today announced that it has been selected as the sole supplier by Zimbabwe's largest provider of telecommunications services, Econet Wireless Zimbabwe, for the company's Core network upgrade ...

by Staff writer

Emirates offers up to 30% off for travellers from Zimbabwe

21 November 2014 | 2013 Views
Emirates, which flies daily from Harare to Dubai via Lusaka, is offering travellers from Zimbabwe up to 30 percent discount on Business Class and Economy Class fares to selected and exciting destinat...

by Staff reporter

Shingi Munyeza clinches Ocean Basket franchise

20 November 2014 | 4351 Views
Business Shingi Munyeza through his investment vehicle Vinale Investments has inclined a franchise for South African seafood restaurants chain Ocean  Basket. Ruddy Makoni Vinale oper...

by Staff reporter

Telecel Zimbabwe inks pre-paid roaming deals with 7 countries

19 November 2014 | 1782 Views
Telecel Zimbabwe announced Wednesday that it has entered into roaming agreements with seven countries for its prepaid customers and added 58 international data roaming deals for its post-paid subs...

by APA

CBZ, ABC Holdings scoop top corporate governance awards

17 November 2014 | 2132 Views
CBZ Holdings has won the 2014 trophy for the Best Governed Company on the Zimbabwe Stock Exchange, while ABC Holdings was awarded the trophy for the Best Governed Banking Institution. Fin...

by Mike Hamilton

Harsh economy hits OK stores, struggles to remain on top

17 November 2014 | 3837 Views
OK Zimbabwe says it does not expect an improvement in the operating environment in the March full year as performance will be affected by the fragile economy.Chief executive Willard Zirev...

by Business Reporter

Government closes down 11 gold mining companies

15 November 2014 | 4079 Views
Government has temporarily shut down 11 gold mining companies for non-compliance with mining regulations in a drastic measure to curb gold leakages and increase deliveries. Gold leakages have been...

by Daniel Nemukuyu

OK Zimbabwe predicts doom and gloom

14 November 2014 | 6044 Views
Zimbabwe's largest retailer, OK Zimbabwe does not expect an improvement in the operating environment in the March full year as performance will be affected by the fragile economy. Reflec...

by Staff reporter

Safeguard wins customer service excellence award

14 November 2014 | 1449 Views
The Contact Centre Association of Zimbabwe, which each year makes awards to recognise excellence, professionalism and outstanding achievements in all sectors of the economy, has awarded the Safegu...

by Business Reporter

Emirates brings down fares for Zimbabwe travellers

14 November 2014 | 5644 Views
Fares from US883 from Harare to Muscat   HARARE - Emirates, which flies daily from Harare to Dubai via Lusaka, has reinforced its pledge t...

by Business Reporter

Hwange Colliery to ask shareholders for more money

12 November 2014 | 1616 Views
Hwange Colliery Company plans to ask shareholders for more money as Zimbabwe's second-biggest coal producer seeks to restructure $70m in debt and struggles to pay employees because of a drop in prices...

by Godfrey Marawanyika I Bloomberg

Econet ventures into gas

12 November 2014 | 5105 Views
Econet Wireless plans to venture into the gas business  in December according to sources. The paper provides a quote from communications manager Ranga Mberi who does not confirm or deny t...

by Staff reporter

Book with Emirates and get Free UAE Visa

10 November 2014 | 2203 Views
Emirates, which flies daily from Harare to Lusaka and Dubai, is offering customers from Zimbabwe a free tourist visa to the United Arab Emirates (UAE) when booking a ticket to Dubai.The offer...

by Business Reporter

Cottco collapses

06 November 2014 | 2211 Views
The Cotton Company of Zimbabwe has applied to be placed under judicial management as the company has failed to turn around its operations even after a capital injection from the sale of its Seed C...

by Staff reporter

Zesa to compete with Econet, launch Zimbabwe's fifth mobile network

05 November 2014 | 10520 Views
ZESA Holding's subsidiary, Powertel will launch the country's fifth mobile network and an additional fixed line network as part of its re-branding efforts.The telecommunications company unveil...

by Staff reporter

Homelink meets the Zimbabwean diaspora community in Wales, UK- Videos

05 November 2014 | 3557 Views
The Homelink delegation, led by Chairman Morris Mpofu and Chief Executive Officer Mrs S Chorwira who  are on a roadshow to sell the company's new projects to the diaspora community today met wi...

by Staff Reporter

Air Zimbabwe to acquire new aircraft

05 November 2014 | 4953 Views
The national airline, Air Zimbabwe is engaging a Canadian based aircraft manufacturer to acquire new aircraft for regional and international routes.The engagement between the national fla...

by Staff reporter

Powertel unveils new dynamic brand

05 November 2014 | 3754 Views
POWERTEL has unveiled a new dynamic brand to celebrate achievements around product quality, capacity and better customer care facilities.The new dynamic Powertel brand with a new corporate...

by Business Reporter

Emirates Sees Free Onboard Wi-Fi as Future Standard

04 November 2014 | 1872 Views
HARARE - In the first three years since Emirates launched inflight Wi-Fi connectivity, over half a million passengers have connected to the internet onboard an Emirates flight, and this demand is expe...

by Staff Reporter

Innscor's imports CEO

04 November 2014 | 2249 Views
Antonio Fourie's capabilities as chief executive to one of the country's iconic companies, Innscor Africa have been put under the spotlight following the recent resignation of long serving chairma...

by Staff reporter

We will not destroy companies through tax collection, says Zimra

31 October 2014 | 2597 Views
THE Zimbabwe Revenue Authority says it is not bent on destroying ailing companies by employing rigid tax collection measures if companies fail to fulfill their tax obligations.The revenue ...

by Business Reporter

Delta cuts down Chibuku production

31 October 2014 | 2866 Views
DELTA CORPORATION has stopped production of standard Chibuku beer at six breweries across the country, as plant rationalization continues after the introduction of its new product brand Chibuku Super....

by Staff reporter

Econet acquires TN Medical

30 October 2014 | 2632 Views
Econet Wireless Zimbabwe Limited has wholly acquired TN Medical-owned by the group's former chairman Tawanda Nyambirai for undisclosed amount. This comes as Econet last year took over Nyam...

by Staff reporter
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