Business / Companies
RBZ to keep a watchful eye on NGOs
The Reserve Bank of Zimbabwe (RBZ) Financial Intelligence Unit Deputy Director, Oliver Chiperesa, has said that government will employ monitoring mech...Published: 20 Apr 2018 at 07:40hrs | 1318 | by Stephen Jakes
Pizza Hut African Literacy Project Comes to Zimbabwe
HARARE - The Pizza Hut African Literacy Project, the company's new traveling campaign to get more of Africa's children reading, reached Harare today. ...Published: 18 Apr 2018 at 16:23hrs | 347 | by Agencies
flyafrica fails to take off again
Low-cost airline Fly Africa which was set to resume the Harare-Johannesburg flights failed to take off again on Sunday and today as advertised, ...Published: 17 Apr 2018 at 11:51hrs | 1692 | by Staff reporter
James Makamba on the ropes
Brainworks Capital founder and former director George Manyere has moved to claim $2,75 million owed by businessman Dr James Makamba's investment vehic...Published: 17 Apr 2018 at 07:04hrs | 4527 | by Staff reporter
Public urged to be security conscious
Public urged to be security conscious Safeguard Security has urged people to give greater thought to their security and to lock up early in the light ...Published: 17 Apr 2018 at 06:33hrs | 548 | by Agencies
Australian company to acquire lithium project in Gwanda
Latitude Consolidated Ltd, a mining company listed on the Australian Stock Exchange, has entered into a binding agreement to acquire a 70% interest in...Published: 12 Apr 2018 at 10:45hrs | 1735 | by Staff reporter
FlyAfrica to start flying next week
Fledgling local airline, FlyAfrica Zimbabwe, is set to commence commercial flights on the Harare-Johannesburg and Harare-Bulawayo routes next week fol...Published: 12 Apr 2018 at 09:12hrs | 1999 | by Staff reporter
Uncertainty grips NSSA
Labour and Public Service Minister Petronella Kagonye has said despite the shakeup at National Social Security Authority, which claimed the scalps of ...Published: 12 Apr 2018 at 06:53hrs | 572 | by Staff reporter
Old Mutual scraps payslip requirement for stand buyers
OLD Mutual Group has scrapped the requirement for payslips on potential residential stand buyers at its Pumula South and Nkulumane housing project in ...Published: 09 Apr 2018 at 07:10hrs | 2533 | by Staff reporter
ZITF hotel generates foreign interest
A number of foreign firms have expressed interest to assume the role of transaction advisor to the hotel and convention centre earmarked to be constru...Published: 08 Apr 2018 at 09:27hrs | 688 | by Staff reporter
Zimbabwe has one ATM with cash
Golix, Zimbabwe's first and largest cryptocurrencies exchange has broken new ground once again by acquiring the country's first ever Bitcoin ATM which...Published: 06 Apr 2018 at 15:51hrs | 8659 | by Nhlalwenhle Ngwenya
Rot at Air Zimbabwe stumbling block to economic take-off
THAT the regrettable happenings at the national flag carrier Air Zimbabwe could derail the country's economic take-off is an open secret.The q...Published: 06 Apr 2018 at 07:18hrs | 899 | by Staff reporter
Air Zimbabwe operations crippled
NATIONAL airline, Air Zimbabwe's operations have been crippled following the breakdown of eight of its planes, leaving only two servicing all its rout...Published: 05 Apr 2018 at 07:03hrs | 850 | by Staff reporter
Sales decline contributes to Lafarge loss
LAFARGE Cement Zimbabwe Limited posted a loss of $609 589 for the year ended December 31, 2017, on the back of an increase of costs and expenses....Published: 04 Apr 2018 at 11:00hrs | 121 | by Staff reporter
RioZim to start exploration for diamonds
ZIMBABWE Stock Exchange-listed miner RioZim expects to start exploration for diamonds this month on its 3 000-hectare piece of land in Chivi, as the g...Published: 04 Apr 2018 at 07:58hrs | 758 | by Staff Reporter
Manufacturing, tourism get first preference in RBZ facility
COMPANIES in manufacturing and tourism industries will be the first beneficiaries of the Reserve Bank of Zimbabwe's $350 million facilities for entrep...Published: 03 Apr 2018 at 07:01hrs | 528 | by Staff reporter
NRZ revival to ease HCCL transport costs
THE revival of the National Railways of Zimbabwe (NRZ) is expected to help Hwange Colliery Company Limited overcome the high costs of transporting coa...Published: 03 Apr 2018 at 06:51hrs | 510 | by Staff reporter
Stanbic Bank deposits clock $1.2 billion
STANBIC Bank Zimbabwe has exceeded $1 billion deposits in the financial year ended December 31, 2017.The bank's customers are, however, strugg...Published: 03 Apr 2018 at 06:49hrs | 320 | by Staff reporter
'Harare commercial property sector to expand'
Borrowdale and Mount Pleasant provide Harare's top office stock, with the level of commercial properties in the two suburbs likely to expand in the ne...Published: 03 Apr 2018 at 06:38hrs | 615 | by Staff reporter
Unifreight posts $2,1 million pre-tax profit
ZIMBABWE Stock Exchange listed transport and logistics company Unifreight Africa posted before tax profit of $2,1 million from continuing operations i...Published: 03 Apr 2018 at 06:37hrs | 141 | by Staff reporter
Masimba projects cautious outlook
LISTED construction company Masimba Holdings has projected a cautious outlook for its operaions in this year on account of persistent foreign currency...Published: 03 Apr 2018 at 06:35hrs | 324 | by Staff reporter
ZPI sells Zimre Centre
ZIMRE Property Investment Limited has sold off its flagship - Zimre Centre in Harare - for $10,8 million with the proceeds earmarked for the developme...Published: 03 Apr 2018 at 06:34hrs | 308 | by Staff reporter
Stanbic Bank deposits hit $1.2 billion
STANBIC Bank Zimbabwe has exceeded $1 billion deposits in the financial year ended December 31, 2017.The bank's customers are, however, strugg...Published: 03 Apr 2018 at 06:32hrs | 695 | by Staff Reporter
Major rail firm comes to Zimbabwe
CHINESE companies have heightened their interest in local investments following President Mnangagwa's inauguration in late 2017, with a major construc...Published: 01 Apr 2018 at 07:57hrs | 2117 | by Staff Reporter
Zisco's $500m debt queried
GOVERNMENT should first carry out an audit to determine how the now defunct parastatal, Zisco, accrued arrears before taking over the $500 million deb...Published: 30 Mar 2018 at 08:37hrs | 388 | by Staff reporter
NetOne unveils wi-fi devices
NETONE has donated One-Fi devices to rural district councils to enhance payment to traditional leaders through its Mobile Financial Service platform, ...Published: 30 Mar 2018 at 08:24hrs | 344 | by Staff reporter
Safeguard's mobile CCTV improves transport fleet monitoring
Safeguard Alarms is now offering businesses mobile closed circuit television (CCTV) to monitor what is happening inside and outside their vehicles, af...Published: 29 Mar 2018 at 11:28hrs | 603 | by Agencies
Safeguard's mobile CCTV improves transport fleet monitoring
Safeguard Alarms is now offering businesses mobile closed circuit television (CCTV) to monitor what is happening inside and outside their vehicles, af...Published: 28 Mar 2018 at 11:58hrs | 265 | by Agencies
Hwange Colliery listed on Zimbabwe and London Stock Exchange - Chitando
Minister of Mines and Mining Development Winston Chitando has told parliament that despite the government of Zimbabwe owning 37% shares at the Hwange ...Published: 28 Mar 2018 at 07:35hrs | 841 | by Stephen Jakes
Public warned to be security conscious this Easter
Safeguard Security has warned members of the public to be particularly careful to ensure their homes and offices are secure this Easter, in the wake o...Published: 26 Mar 2018 at 10:08hrs | 730 | by Agencies
Edgars drags tech company to court over $40 000
Edgars Stores in Bulawayo allegedly lost more than $40 000 it paid to a Harare company for supply of printers.The retail chain paid $43 000 in...Published: 26 Mar 2018 at 06:26hrs | 597 | by Staff Reporter
Ex-teacher sets up $1m quarry plant
Zimbabwe's ancient city of Masvingo is renowned for being home to the historic Great Zimbabwe Monuments, an acclaimed World Heritage Site from which t...Published: 25 Mar 2018 at 09:04hrs | 2133 | by Staff reporter
Zimbabwe to compel mines to list on the ZSE
ZIMBABWE may soon adopt legislation to compel mining firms with mining rights or title in the country to list the majority of their shares on the dome...Published: 25 Mar 2018 at 08:42hrs | 207 | by Staff reporter
NMBZ achieves $10 million after-tax profit
NMBZ Holdings' profit before taxation for the year ended 31 December 2017 was $13 017 690. Profit after tax was $9 938 826, an increase of 96 percent ...Published: 22 Mar 2018 at 14:42hrs | 209 | by Mike Hamilton
Naspers to raise up to $11bn by trimming Tencent stake
Naspers NPNJn.J is cutting its stake in lucrative Chinese investment Tencent 0700.HK by as much as 2 percent in a deal that could net the South Africa...Published: 22 Mar 2018 at 12:46hrs | 225 | by Reuters
DHL Aviation upgrades Harare service to a Boeing 737-400 freight
DHL Aviation, a division of DHL Express responsible for providing air transport capacity, is upgrading its services to Harare, ...Published: 22 Mar 2018 at 12:07hrs | 1187 | by Staff reporter
Big companies turned down Mnangagwa amnesty
The Zimbabwean government accused auditing firm Ernst and Young, Unilever South East Africa and Boc Gases Zimbabwe of externalising $35000 (R418070), ...Published: 22 Mar 2018 at 09:20hrs | 2509 | by Business Report
$400m for Darwendale platinum project
Great Dyke Investments (GDI) says it will invest $400 million to build a precious metals mine and smelter at its Darwendale Project near Harare. ...Published: 21 Mar 2018 at 06:18hrs | 727 | by Staff reporter
'EcoSure to eclipse EcoCash success'
ECONET'S Cassava Fintech group chief executive officer Darlington Mandivenga says its mobile insurance service, EcoSure, will in time eclipse EcoCash'...Published: 21 Mar 2018 at 05:28hrs | 394 | by Staff reporter
New hotel to open in Bulawayo
A NEW 30-room hotel will open its doors in Bulawayo soon and is set to create 40 direct jobs.Players in the tourism sector and city business p...Published: 20 Mar 2018 at 06:18hrs | 4127 | by Staff reporter
NetOne grows mobile data market share
Zimbabwe's second largest mobile operator by subscribers NetOne grew its data market share by 6,5 percent in the last quarter of 2017, the latest Post...Published: 20 Mar 2018 at 05:47hrs | 150 | by Staff reporter
Nedbank Zimbabwe to give out home loans
Nedbank Zimbabwe, a unit of South Africa's Nedbank group will not be venturing into housing development like other local financial institutions but wi...Published: 20 Mar 2018 at 05:47hrs | 3065 | by Staff reporter
Tussle for Telecel shares hots up
The ownership of mobile network operator Telecel Zimbabwe continues to hang in limbo amid indication a fresh and potentially bruising legal battle is ...Published: 16 Mar 2018 at 06:27hrs | 477 | by Staff reporter
Kwese TV offers free Facebook access
Aggressiveness could be the key strategy for Zimbabwean telecom and media company Econet Wireless, whose Kwese pay television platform is offering fre...Published: 15 Mar 2018 at 21:26hrs | 1628 | by Staff reporter
United Refineries adds vegetable juice to range
BULAWAYO giant cooking oil manufacturer, United Refineries Limited (URL), has added vegetable juice manufacturing to its wider product mix as it diver...Published: 15 Mar 2018 at 06:06hrs | 311 | by Staff reporter
Econet goes hi-tech in customer experience
Listed telecoms and tech giant, Econet Wireless Zimbabwe (EWZ), has taken the lead in the use of artificial intelligence to manage its customer servic...Published: 15 Mar 2018 at 05:55hrs | 807 | by Staff reporter
Hwange Colliery protesters to face criminal charges
HWANGE Colliery Company protesters have been summoned to appear in court on Monday facing criminal trespass charges.The spouses and widows of ...Published: 15 Mar 2018 at 05:49hrs | 426 | by Staff reporter
Zimbabwe's Golix announces security upgrades
Golix, Zimbabwe's leading cryptocurrencies exchange, has announced a series of security improvements to its security protocols following a breach to a...Published: 13 Mar 2018 at 15:16hrs | 634 | by Nhlalwenhle Ngwenya
Zimbabwe's Golix platform hacked
Golix, a Zimbabwean cryptocurrency exchange platform that is said to be processing about $1 million per month, has disclosed a breach into their syste...Published: 13 Mar 2018 at 11:54hrs | 1085 | by techweez.com
Fastjet named Africa's best
LOW-COST airline, Fastjet, has been named Africa's best value airline for its service excellence and contribution to the industry's growth.The...Published: 13 Mar 2018 at 06:04hrs | 337 | by Staff reporter
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