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The Association of Zimbabwe Offshore Financial Advisors

HARARE - Mr Andrew Mhere of Termstrides Investments t/a Carrick Wealth has announced the establishment of the Association of Zimbabwe Offshore Financial Advisors (AZOFA) as at 9th February 2016. ...Read more

The Association of Zimbabwe Offshore Financial Advisors

11 February 2016 | 535 Views
HARARE - Mr Andrew Mhere of Termstrides Investments t/a Carrick Wealth has announced the establishment of the Association of Zimbabwe Offshore Financial Advisors (AZOFA) as at 9th February 2016. ...

by Agencies

Emirates celebrates 10 years of successful operations in Thiruvananthapuram

10 February 2016 | 416 Views
HARARE - Emirates, which flies daily  from Harare to Lusaka and Dubai, has marked ten years of operations in Thiruvananthapuram, the capital city of Kerala.Over the last decade, Thiruvana...

by Business Reporter

flyafrica back in Zimbabwean skies

07 February 2016 | 2706 Views
BUDGET airline, flyafrica will resume its regional operations between Harare and Johannesburg this week after meeting all the Civil Aviation Authority of Zimbabwe's regulations amid revelations that t...

by Roberta Katunga

Account holders with closed banks to be paid by April

07 February 2016 | 2191 Views
THE Deposit Protection Corporation (DPC) and the Reserve Bank of Zimbabwe (RBZ) have finished compiling the list of Zimbabwe dollar account holders whose money was locked in banks that were closed aft...

by Roberta Katunga

Super diamond firm to benefit Zimbabwe

07 February 2016 | 1150 Views
Amalgamating diamond mining companies in Chiadzwa will benefit thousands of villagers in the district, Mutare West National Assembly representative Dr Christopher Mushohwe said on Friday.Gover...

by Ray Bande

Emirates launches Zimbabwe companion special

04 February 2016 | 3642 Views
HARARE - Emirates makes travelling for Zimbabwean fliers all the more interesting and fun with the launch of its Companion Fare to destinations within its network.The special fares are aimed a...

by Business Reporter

Beitbridge Express Hotel shuts down

03 February 2016 | 5986 Views
The $32 million Beitbridge Express Hotel with 140-rooms has shut down. The hotel closed shop on January 31 after suffering heavy losses amounting to $507 944 in the past two years....

by Thobekile Zhou

Fastjet launches Harare, Jo'burg flight

02 February 2016 | 1276 Views
Low cost airline, Fastjet yesterday launched its inaugural flight between Harare and Johannesburg. Fastjet, which is using a 144-seater Airbus A319, had about 55 passengers when it flew out to Joh...

by Staff reporter

Standard Chartered Bank, managers lock horns over job losses

02 February 2016 | 2113 Views
At least 21 middle managers with Standard Chartered Bank of Zimbabwe have filed a High Court application seeking to bar their employer from retrenching them. The managers, who have since been ...

by Daniel Nemukuyu

Former NRZ workers to stage daily demos from tomorrow

31 January 2016 | 1973 Views
1. Ladies and gents whilst we stand guided by your opinions and ideas from members, indeed we need to shake and expose this corrupt management.2. With this in mind we need to do a massive and ...

by Thobekile Zhou

Govt gives Hwange Colliery bosses an ultimatum

31 January 2016 | 1941 Views
The government has given Hwange Colliery Company management three months to turn around the fortunes of the firm, failure of which they will be forced to resign.The Minister of Mines and Minin...

by Staff Reporter

Musewe dumps Tsvangirai for Biti but still against reforms - honey bird with the twitchy tail

29 January 2016 | 3646 Views
Comrade Vince Musewe has jumped ship; he has left the Tsvangirai and Mujuru led coalition project he had tried hard to promote, he has now joined People Democratic Party, led by Tendai Biti."W...

by Wilbert Mukori

Sacked GMB workers baffled by Made's silence - plead to President

29 January 2016 | 1732 Views
HARARE - Grain Marketing Board (GMB) workers who were sacked by the parastatal late last year, without receiving any terminal benefits and their outstanding salaries, have lambasted the Minister of Ag...

by Tendai Ruben Mbofana

High court stops Tongaat strike

28 January 2016 | 1680 Views
An attempt by Zimbabwe Sugar Milling Workers Union (ZISMIWU) members to embark on a fresh job action last week hit a brick wall after Tongaat Hullet won an interdict at the High Court against the indu...

by Stephen Jakes

IMF warns Zimbabwe

28 January 2016 | 4716 Views
The International Monetary Fund (IMF) has warned Zimbabwe to start implementing its plan to resolve the country's external debt arrears or risk losing momentum in its bid to re-engage international fi...

by Staff reporter

17 NZR top brass share $70 000 in allowances, school fees

27 January 2016 | 3386 Views
SEVENTEEN top  National Railways of Zimbabwe (NRZ) parcelled out $69 777 among themselves as part of their school fees benefits.The non-recurring earnings document Type 26 from NRZ dated ...

by Thobekile Zhou

MBCA Bank to open more branches

27 January 2016 | 1421 Views
MBCA Bank is planning to open more branches this year as the banking institution continues to take a long-term strategic view to grow its footprint in the country in preparation for an improvement in ...

by Business Reporter

Econet starts network upgrade exercise

26 January 2016 | 2312 Views
Listed telecoms firm Econet Wireless Zimbabwe has started upgrading its network in some parts of the country to enhance quality of service.According to Econet, the upgrade, which started Monda...

by Staff reporter

Pickstone Peerless targets 500kg of gold

24 January 2016 | 1131 Views
CHEGUTU-based Pickstone Peerless gold mine plans to produce over 500 kilogrammes of gold this year, spurred by a $17 million capital investment made in recent years.The mine is projected to pr...

by Africa Moyo

Emirates launches fare sale ahead of introduction of Boeing 777 aircraft on Harare route

22 January 2016 | 4407 Views
HARARE, ZIMBABWE January 22, 2016 - Emirates is inspiring more Zimbabweans to travel in 2016 with the launch of special fares to celebrate the introduction of the Boeing 777-300ER aircraft on its Hara...

by Staff Reporter

Six new listings expected on ZSE

22 January 2016 | 1708 Views
Six new counters are expected to list on the Zimbabwe Stock Exchange this year despite liquidity constraints that have seen its market capitalization plunging to US$3 billion last year from US$4.3...

by Staff reporter

Telecel deal to be finalized

22 January 2016 | 1907 Views
President Robert Mugabe's government this was week expected to pay VimpelCom Limited about $30 million in outstanding funds for a 60 percent stake in Telecel Zimbabwe. Although company exe...

by Staff reporter

Zimbabwe mobile network penetration hits 92%

21 January 2016 | 1292 Views
ZIMBABWE'S mobile network penetration rate in the third quarter of 2015 increased by 1,3 percent to reach 92,8 percent.In its latest quarterly report, the Postal and Telecommunications Regulat...

by Oliver Kazunga

NRZ sacked workers demonstrate in Bulawayo

19 January 2016 | 3271 Views
More than 50 fired National Railways of Zimbabwe (NRZ) workers this morning stage a demonstration outside the Railway Station demanding their exit packages. ...

by Thobekile Zhou

Zimbabwean born business executive to head Sanlam cluster

19 January 2016 | 4947 Views
JOHANNESBURG - Insurance group, Sanlam said on Monday that it will offer its corporate clients a comprehensive employee benefits solution through a new division called Sanlam Corporate, headed up by J...

by Staff reporter

fastjet launches direct flight from Joburg to Harare, Vic Falls

18 January 2016 | 3208 Views
fastjet on Monday, 18 January, announced its newest international routes - from Johannesburg to Harare and Victoria Falls in Zimbabwe.The launch of these routes comes after fastjet received cl...

by Staff reporter

WhatsApp drops $1 annual fee

18 January 2016 | 4150 Views
Popular instant messaging application WhatsApp is doing away with its $0.99 (R16.59) annual fee as it explores new services.WhatsApp founder Jan Koum made the announcement at the DLD confe...

by Staff reporter

Delta suffer revenue losses as customers switch to cheaper products

18 January 2016 | 3103 Views
BEVERAGES manufacturer- Delta  Corporation  suffered a 14% drop in revenue in the last three months of 2015 In its trading update released today (Monday) , Delta attributed the ...

by Thobekile Zhou

$2 billion needed to revive NRZ

18 January 2016 | 1275 Views
National Railways of Zimbabwe (NRZ) requires about $2 billion to be fully revitalised and transformed spokesperson for the parastatal, Fanuel Masikati has said. In the medium term, he said the...

by Staff reporter

Strive Masiyiwa's Econet sheds $354 million in value

17 January 2016 | 2739 Views
TELECOMMUNICATIONS giant Econet Wireless Zimbabwe (EWZ) had $354 million of its value shaved off last year, tumbling from being second-biggest counter to the fourth largest by market capitalisation on...

by Enacy Mapakame

Zimra implements tax management

16 January 2016 | 1736 Views
The Zimbabwe Revenue Authority (Zimra) has issued a notice to valued clients that it is implementing the tax management system for all the clients."Please be advised that the Zimbabwe Revenue ...

by Stephen Jakes

Samsung opens assembly plant in Zimbabwe

16 January 2016 | 3242 Views
South Korea-based telecoms giant, Samsung Electronics, has started assembling television sets and refrigerators in Zimbabwe and Acting President Emmerson Mnangagwa yesterday toured the company's two f...

by Staff reporter

AMH chops correspondents payment rates by 25%

15 January 2016 | 1533 Views
ALPHA Media Holdings (AMH), which publishes NewsDay, the Zimbabwe Independent, the Standard and the Southern Eye newspapers, is at war with its correspondents after it unilaterally chopped their payme...

by Ndou Paul

Zesa in debt recovery plan

15 January 2016 | 1273 Views
Zesa is working on a debt recovery strategy to pin consumers, including bigwigs who owe the power utility $1 billion in unpaid bills, Dr Samuel Undenge said. He said Zesa was not a charity...

by Staff reporter

StanChart Zimbabwe set to lay off 36 workers

15 January 2016 | 1216 Views
Standard Chartered Bank of Zimbabwe is set to lay off 36 employees this month owing to reduced returns stemming from a decline in lending and transactional volumes. In a notice to retrench...

by Staff reporter

Public notice to all Econet customers

14 January 2016 | 6846 Views
Subscriber RegistrationEconet wishes to advise its valued customers to properly register their SIM cards with Econet in accordance with the Statutory Instrument 95 of 2014 which came into effe...

by Econet

Econet sues Zimbabwe telecoms regulator for R132 million

14 January 2016 | 2575 Views
ECONET Wireless has approached the High Court seeking an order compelling the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to pay over $132 million in damages for losses inc...

by Staff reporter

Non-compliant firms risk losing licences over Zimbabwe indigenisation

14 January 2016 | 943 Views
Foreign-owned companies operating in reserved sectors of the economy are at risk of losing their licences if they fail to comply with the Indiginisation and Economic Empowerment Act.Youth, Ind...

by Tinashe Makichi

WhatsApp faces possible regulation

13 January 2016 | 6345 Views
Johannesburg - Over-the-top internet services, such as WhatsApp, could be regulated in South Africa depending on the outcome of planned Parliament hearings this month.Over-the-top services - w...

by Staff reporter

Ezytrack upgrades to full mobile device accessibility

13 January 2016 | 1177 Views
Ezytrack, one of the country's leading vehicle tracking and fleet management companies, has upgraded its software to hypertext markup language 5 (HTML5), making it possible for its clients to use a sm...

by Agencies

Boeing 777-300ER to be deployed on the Zimbabwe and Zambia route

12 January 2016 | 3392 Views
Emirates is set to enhance its on-board experience and increase capacity on its Zimbabwe and Zambia route with the deployment of a larger Boeing 777-300ER aircraft from 1 February 2016.The Boe...

by Staff reporter

Mushowe warns AMH on security issues

11 January 2016 | 2522 Views
Media, Information and Broadcasting Services minister Chris Mushowe has warned Alpha Media Holdings (AMH) to be careful on reporting on national security issues. The warning comes days af...

by Staff Reporter

NRZ on a recruitment drive

11 January 2016 | 5296 Views
THE financially-troubled National Railways of Zimbabwe (NRZ) has gone on a recruitment drive to fill four top posts despite sitting on a salary backlog stretching over a year.The parastatal, c...

by Staff reporter

Bulawayo Chicken Inn drive through opening deferred

11 January 2016 | 2505 Views
INNSCOR'S fast foods division, Simbisa Brands, has deferred opening of its Bulawayo Chicken Inn drive through facility to end of this month.Innscor managing director, Warren Meares, said the n...

by Brighton Gumbo

Zimra introduces online tax clearance

11 January 2016 | 1965 Views
THE Zimbabwe Revenue Authority (Zimra) has moved to enhance client convenience by introducing online tax clearance for businesses as part of the modernisation of customs and tax administration systems...

by Oliver Kazunga

Choppies acquires 21 more stores in SA

11 January 2016 | 2022 Views
BOTSWANA-listed retail giant, Choppies Enterprise Limited, is acquiring South African retail outlets owned by Jwayelani, which owns 21 stores in Kwazulu-Natal and the Eastern Cape.Jwayelani, w...

by Staff reporter

Banking sector confidence rising, says RBZ

08 January 2016 | 1655 Views
 The RBZ says confidence is increasing in the country's troubled banking sector after deposits rose by more than $2 billion in four years. Statistics released by the central bank show...

by Staff reporter

Croco Motors CEO suspended

08 January 2016 | 2545 Views
A NASTY fight is brewing between Croco Holdings Limited main shareholders Mr Moses Chingwena and Mr Farai Matsika after the latter was suspended as the group chief executive for ordering valuation of ...

by Croco Motors CEO suspended

AMH pays workers October half-salaries

05 January 2016 | 2953 Views
ALPHA Media Holdings (AMH) which gave workers food coupons and $50 advance in December has silently deposited October salaries. However, it's just half pay ...

by Moyo Roy

Miner killed at Mimosa Platinum mine

05 January 2016 | 3384 Views
A miner was killed at Zvishavane-based platinum miner, Mimosa Mining Company, the company said on Tuesday.Aquarius deeply regrets to advise that an employee of JV entity Mimosa Platinum Limite...

by Ndou Paul
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