Business / Companies
First Mutual engaging Finance Minister for allocation of foreign currency
First Mutual Health Care has said it is engaging Finance minister Mthuli Ncube for the allocation of foreign currency to healthcare service prov...Published: 12 Oct 2018 at 07:30hrs | 896 | by Stephen Jakes
British Airways no longer accepting RTGS payments, only accepting credit cards
British Airways has temporarily limited the distribution of ticketing authority meaning that the airline has stopped accepting real-time gross settlem...Published: 09 Oct 2018 at 10:50hrs | 2104 | by Sithabile Mafu
Acute foreign currency shortage erodes RioZim earnings
RESOURCES group RioZim Limited's profit after tax dropped by 86% to $406 000 in the six months to June 30, from $2,9 million last year, despite higher...Published: 02 Oct 2018 at 09:37hrs | 235 | by Staff Reporter
Ingwebu looks to go national
BULAWAYO brewer, Ingwebu Breweries is seeking to expand beyond the southern parts of the country while it also fortifies its present markets as part o...Published: 30 Sep 2018 at 19:13hrs | 705 | by Staff reporter
RioZim gold output up 18%
RioZim posted a revenue growth of 17 per cent in the six months to June owing to increased gold production from Dalny, Cam and Motor and Renco Mines s...Published: 28 Sep 2018 at 06:43hrs | 461 | by Views Matopo
Accessing alarm system remotely enhances home or office security
It is now possible to use a smart phone to activate and control one's security alarm system from anywhere, provided the phone has an internet connecti...Published: 25 Sep 2018 at 09:32hrs | 670 | by Agencies
Giant stationery Manufacturer Re-Opens But...
The giant stationary manufacturer Marvo is set to re open next week on Monday.Workers who were stopped working some time ago said they were to...Published: 20 Sep 2018 at 06:55hrs | 2248 | by Stephen Jakes
Telecel gives away over $30 000 worth of cash prizes
Mobile Operator Telecel Zimbabwe gave away over $30 000 worth of cash prizes for the ongoing Cash Galore promotion, Check and Win promotion as well as...Published: 17 Sep 2018 at 15:58hrs | 1196 | by Agencies
Old Mutual opens eighth one-stop-shop branch in Chinhoyi
Chinhoyi, Zimbabwe - One of Zimbabwe's largest financial service companies, Old Mutual, today opened their eighth one-stop-shop branch in Chinhoyi to ...Published: 17 Sep 2018 at 12:28hrs | 1288 | by Agencies
Air Zimbabwe sued over debt
SAFEGUARD Security Services (Pvt) Ltd, has petitioned the High Court seeking an order to compel Air Zimbabwe to settle a $47 164 debt for security ser...Published: 15 Sep 2018 at 09:05hrs | 422 | by Staff Reporter
Zimnat launches innovative billboard campaign
Zimnat has launched an innovative advertising campaign to let people know some of the ways in which it can make their life better, through the custome...Published: 13 Sep 2018 at 13:09hrs | 1024 | by Agencies
Safeguard introduces attractive steel sectional garage doors
Safeguard Security has introduced to the Zimbabwean market steel fluted sectional garage doors, which are not only secure but aesthetically pleasing t...Published: 10 Sep 2018 at 18:30hrs | 948 | by Agencies
ZBC makes new appointments
The Zimbabwe Broadcasting Corporation (ZBC) has made new appointments as follows:...Published: 04 Sep 2018 at 06:38hrs | 3671 | by Staff Reporter
Water woes stall Steel Makers' re-opening
THE prevailing water shortage in Masvingo has stalled the re-opening of Steel Makers Sponge Iron plant. Masvingo city has been battling a serious wate...Published: 04 Sep 2018 at 06:27hrs | 342 | by Staff reporter
Stanbic calls for economic reforms
STANBIC Bank (Stanbic) has called for currency reforms and measures to support industrial growth, foreign currency generation and price stability in o...Published: 03 Sep 2018 at 06:32hrs | 850 | by Staff reporter
NRZ defends Transnet deal
National Railways of Zimbabwe (NRZ) has allayed fears that it might have entered into a questionable deal with Transnet, following the issuing of susp...Published: 27 Aug 2018 at 13:04hrs | 2221 | by Staff Report
Baker's Inn to sink $20million into bread production
CONFECTIONERY giant, Baker's Inn, will invest over $20 million towards putting up additional plants at its Bulawayo and Harare factories next year as ...Published: 26 Aug 2018 at 11:00hrs | 1306 | by Staff Reporter
Telecel launches new weekly data bundles
Mobile Network Operator Telecel Zimbabwe, which is reputed for leading the market in giving subscribers best value for money has done it again and ann...Published: 24 Aug 2018 at 09:10hrs | 1389 | by Agencies
Old Mutual investment returns on listed equities down
Old Mutual Zimbabwe (Old Mutual) has reported that profit after tax tumbled 40% to $53,9 million in the first half of 2018 from $89,3 million in the c...Published: 23 Aug 2018 at 06:46hrs | 265 | by Staff reporter
Old Mutual half year operating profit up 27%
Old Mutual Zimbabwe's Group CEO has announced, during the company's half-year analyst briefing, an operating profit of $34.3 million representing ...Published: 21 Aug 2018 at 16:00hrs | 363 | by Agencies
Old Mutual repositions its brand and readies for growth
Following its primary listing on the Johannesburg Stock Exchange (JSE), and secondary relisting on the Zimbabwe Stock Exchange in June 2018, Old Mutua...Published: 21 Aug 2018 at 15:52hrs | 355 | by Agencies
Simbisa to expand Nando's footprint countrywide
Simbisa Brands, a Zimbabwe Stock Exchange-isted (ZSE) fast foods operator, is on drive to expand the footprint of the Nando's brand to meet growing de...Published: 21 Aug 2018 at 06:53hrs | 661 | by Staff reporter
Moti Group, ZMM deal to boost chrome output
Chrome output by small-scale producers is projected to hit one million tonnes, a triple jump from 200 000 tonnes at present, under a funding deal with...Published: 19 Aug 2018 at 06:51hrs | 636 | by Staff reporter
Steward Bank launches revolutionary app called Square World
Steward Bank Zimbabwe has launched a Housing Development Scheme and Mobile Banking Application targeted at Zimbabweans living abroad.The mortg...Published: 15 Aug 2018 at 07:41hrs | 3132 | by Agencies
UBM shuts down after 50 years
United Builders Merchants (UBM) has shut down after operating in Zimbabwe for the past 50 years.According to employees who spoke to the Daily ...Published: 15 Aug 2018 at 07:35hrs | 3859 | by Staff reporter
Ship goods to Zimbabwe from UK for less
SmartWuhn Logistics is pleased to be able to offer a door to door delivery service from the UK to cities and major towns in Zimbabwe.We ship c...Published: 10 Aug 2018 at 23:52hrs | 3641 | by SmartWuhn Logistics
NMB promotes growth of SMEs
NMB Bank has urged small to medium sized businesses to take advantage of the advisory and financial services its Small to Medium Enterprises (SME) Ban...Published: 09 Aug 2018 at 09:31hrs | 839 | by Agencies
Ziscosteel resuscitation begins
The resuscitation of the giant steel company, Ziscosteel, has taken a giant leap forward following the ground breaking ceremony of a coke plant at the...Published: 31 Jul 2018 at 07:57hrs | 1413 | by Staff Reporter
Mnangagwa urges sensitivity in mining operations
PRESIDENT Emmerson Mnangagwa has urged mining companies to adhere to the country's environmental laws to avoid land degradation and environmental poll...Published: 25 Jul 2018 at 07:47hrs | 605 | by Staff reporter
Platinum project to create 90 000 jobs
President Mnangagwa yesterday officially launched the $4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira, which is set to c...Published: 25 Jul 2018 at 07:06hrs | 515 | by Staff reporter
Mnangagwa signs deal to reopen steel plant in Masvingo
President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment....Published: 24 Jul 2018 at 17:19hrs | 2114 | by Staff reporter
Mnangagwa commissions $4,2bn platinum project
President Emmerson Mnangagwa has officiated at the ground breaking ceremony of a $4,2 billion platinum mining project at Karo Resources' Mhondoro-Ngez...Published: 24 Jul 2018 at 15:42hrs | 1747 | by Staff reporter
Fastjet inaugural flight lands in Bulawayo
Africa's airline for everyone, fastjet, received a traditional airline welcome with a fire truck salute yesterday morning when our first flight landed...Published: 21 Jul 2018 at 16:22hrs | 2830 | by Agencies
Unki production up 8,0%
ANGLO American Platinum on Thursday said it's Zimbabwean unit, Unki Mine, increased its platinum group metals production by 8,0 percent to 46 800 ounc...Published: 19 Jul 2018 at 08:06hrs | 907 | by Staff reporter
MTN executive quits
MTN today announced the resignation of Stephen van Coller, Vice President of Digital Services, Data Analytics and Business Development with effect fro...Published: 19 Jul 2018 at 06:46hrs | 1768 | by Staff reporter
Safeguard brings automated traffic barrier spikes to Zimbabwe
Safeguard Security's Engineering division has introduced to the Zimbabwe market high security automated retractable traffic barrier spikes, which can ...Published: 17 Jul 2018 at 10:55hrs | 2488 | by Agencies
UK stockbroker to woo FDI to Zimbabwe
The Securities and Exchanges Commission of Zimbabwe (SECZ) has licensed a new strockbrocking firm, Morgan & Co, owned by British investors and two...Published: 16 Jul 2018 at 06:49hrs | 261 | by Staff reporter
Fly Africa set to lose property over debt
Fly Africa is set to lose property over a $17 295 debt owed to a former employee who recently obtained a writ of execution against the airline, follow...Published: 14 Jul 2018 at 11:45hrs | 453 | by Staff rpeorter
Mimosa Mining Company warns public over fake jobs and training offer scam
Mimosa Mining Company has warned public of on going job and training offer scams which are circulating.In a notice the company said it w...Published: 13 Jul 2018 at 10:13hrs | 1380 | by Stephen Jakes
Delta revenue jumps 40%
DELTA Corporation Limited has reported a 40% increase in revenue as a result of an upsurge in all its beverage categories which was driven by higher c...Published: 13 Jul 2018 at 08:15hrs | 527 | by Staff reporter
Radisson Blu hotel construction begins in Harare
One of the world's largest hospitality groups, Carlson Rezidor in partnership with local hospitality firm, Streamwalk, has started construction of a R...Published: 12 Jul 2018 at 08:55hrs | 2276 | by Staff reporter
Fastjet to launch daily flights between Harare and Bulawayo; first flight scheduled for 20 July
Harare: fastjet, Africa's affordable airline for everyone, announced today that it will commence daily flights between Harare and Bulawayo from 20 Jul...Published: 11 Jul 2018 at 10:49hrs | 3442 | by Agencies
Brands and stores affected by Edcon's new recovery plan
Edcon Holdings' latest recovery plan includes closing chains including Red Square cosmetics and La Senza lingerie and attempting to lure their custome...Published: 05 Jul 2018 at 12:41hrs | 905 | by Bloomberg
British banker opens stockbroking firm in Zimbabwe
A consortium of British fund managers, led by Nigel Little, has been approved to open stockbroking firm in Zimbabwe, the ...Published: 05 Jul 2018 at 11:19hrs | 2721 | by Staff reporter
NMB Bank assists orphans in Dzivarasekwa
NMB Bank last week handed over food items and cooking pots to the Dzikwa Trust, a charitable organisation in Harare's Dzivarasekwa suburb that assists...Published: 05 Jul 2018 at 10:12hrs | 340 | by Agencies
Ecocash causes stir in Zimbabwe as customers cry foul of being swindled of their money
The Econet mode of money transfer, Ecocash has caused a stir in Zimbabwe since Monday as many users of the mode of transfer complain that they are fai...Published: 04 Jul 2018 at 08:46hrs | 4322 | by Stephen Jakes
NMB Bank assists orphans in Dzivarasekwa
NMB Bank last week handed over food items and cooking pots to the Dzikwa Trust, a charitable organisation in Harare's Dzivarasekwa suburb that assists...Published: 03 Jul 2018 at 11:01hrs | 368 | by Agencies
Golix to hold 24 hour online Q&A session
Golix - the cryptocurrency exchange with the largest footprint in Africa is set to hold a 24 hour hour Q&A session.The "Ask Me Anything" (...Published: 03 Jul 2018 at 06:15hrs | 199 | by Nhlalwenhle Ngwenya
Barcelos spends $250 000 on 100-seater Bulawayo restaurant
RENOWNED international restaurant, Barcelos, has invested close to $250 000 in setting up its first shop in Bulawayo.The 100-seater restaurant...Published: 02 Jul 2018 at 07:51hrs | 1347 | by Staff reporter
CEO reassures all fastjet passengers
Fastjet - the budget African airline founded by Stelios Haji-Ioannou - reassuring all fastjet passengers, the travel industry and our partners that th...Published: 30 Jun 2018 at 19:56hrs | 1884 | by Staff reporter
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