Business / Companies
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 | 282 | 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 | 2636 | 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 | 3441 | 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 | 3332 | 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 | 788 | 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 | 1292 | 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 | 578 | 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 | 486 | 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 | 2061 | 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 | 1680 | 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 | 2766 | 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 | 886 | 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 | 1753 | 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 | 2451 | 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 | 236 | 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 | 449 | 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 | 1222 | 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 | 493 | 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 | 2177 | 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 | 3410 | 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 | 869 | 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 | 2651 | 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 | 314 | 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 | 4271 | 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 | 362 | 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 | 196 | 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 | 1283 | 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 | 1877 | by Staff reporter
FlyAfrica given 90 days to sort out its operating status
The Civil Aviation Authority of Zimbabwe (CAAZ) has given Fly Africa 90 days to sort out its operating status or risk revocation of their licence, doc...Published: 29 Jun 2018 at 07:27hrs | 344 | by Staff reporter
Nkala retires
Herbert Nkala has retired as chairman of African Sun Limited after more than three years at the helm, with the hospitality group expected to announce ...Published: 29 Jun 2018 at 07:26hrs | 588 | by Staff reporter
Old Mutual listing on JSE boon for Zim
OLD Mutual Zimbabwe Limited group chief executive officer Jonas Mushosho said the parent company will begin to unlock value now that its primary listi...Published: 28 Jun 2018 at 07:16hrs | 418 | by Staff reporter
United Refineries Limited adopts food fortification
GIANT agro-processor United Refineries Limited (URL) has adopted food fortification as part of its long term business model in keeping with the countr...Published: 28 Jun 2018 at 07:03hrs | 257 | by Staff reporter
Edgars retrenches 90 workers
EDGARS Stores Limited has retrenched 90 workers from its Bulawayo branch citing a tough business operating environment.A senior director at th...Published: 27 Jun 2018 at 06:47hrs | 1755 | by Staff reporter
Old Mutual Zim relists on Zimbabwe Stock Exchange
Old Mutual Zimbabwe has relisted on the Zimbabwe Stock Exchange (ZSE) as a part of a broader group strategy to focus its business in Africa.Ye...Published: 26 Jun 2018 at 15:15hrs | 445 | by Staff reporter
Senditoo to give away another £1000 and return ticket to Zimbabwe
Fintech Company, Senditoo has announced that it is running another competition, where one lucky winner will walk away with a return ticket to Zimbabwe...Published: 26 Jun 2018 at 07:15hrs | 679 | by Tidi Kwidini
Mnangagwa opens women's bank
President Emmerson Mnangagwa has officially opened the Zimbabwe Women's Microfinance Bank (ZWMB), promising to soon announce comprehensive strategies ...Published: 25 Jun 2018 at 15:06hrs | 761 | by Staff reporter
MultiChoice to train Zimbabwe filmmakers
MULTICHOICE Zimbabwe is looking for aspiring film directors, sound engineers, and scriptwriters to enter the MultiChoice Talent Factory (MTF) which of...Published: 25 Jun 2018 at 07:23hrs | 234 | by Staff reporter
TelOne offering enters the big data services
TELONE managing director, Chipo Mtasa says the need for data networks such as the 'big data' concept is now mission-critical for almost all organisati...Published: 21 Jun 2018 at 07:06hrs | 665 | by Staff reporter
Mnangagwa reopens Eureka Gold Mine
Zimbabwe and the people of Guruve in particular will soon benefit from the re-opening of Eureka gold mine near Guruve Growth Point.The gold mi...Published: 20 Jun 2018 at 18:36hrs | 1899 | by Staff reporter
New Dawn on e-business in Bulawayo
Trading under the name TechScene, a Bulawayo based tech-company has grown and spread its wings to the online portal. The aim of this move is t...Published: 20 Jun 2018 at 07:35hrs | 1521 | by Agencies
fastjet increases flights on Harare-Vic Falls route
Low-cost carrier, fastjet will add two flights between Harare and Victoria Falls next month amid growing demand for the service.The additional...Published: 20 Jun 2018 at 07:09hrs | 657 | by Staff reporter
Mnangagwa commissions $30m Pepsi plant
President Mnangagwa yesterday commissions a $30 million Varun Beverages plant in Harare and called for more foreign companies to be part of the countr...Published: 14 Jun 2018 at 07:15hrs | 458 | by Staff reporter
Air Zimbabwe carriers among top defaulting airlines
Angola, Sudan and Zimbabwe are among the top five countries with national carriers that are failing to repatriate revenue from ticket sales to other a...Published: 13 Jun 2018 at 14:29hrs | 1160 | by APA
Trade credit risks discussed at Zimnat conference
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agree...Published: 11 Jun 2018 at 15:54hrs | 513 | by Agencies
NetOne set to secure $71m loan from China Exim Bank
MOBILE telecommunications giant NetOne is set to secure a $71 million loan facility from China Exim Bank for the upgrading of its infrastructure withi...Published: 10 Jun 2018 at 09:34hrs | 300 | by Staff reporter
Women's Bank opens Tuesday
The much-awaited women's bank is set to open next Tuesday after the Reserve Bank of Zimbabwe (RBZ) authorised its operations and issued it with a lice...Published: 07 Jun 2018 at 07:04hrs | 887 | by Staff reporter
Zimplats hands over 24,000 hectares of land Mnangagwa's govt
ZIMBABWE'S largest platinum miner, Zimplats, has agreed to release to the Zimbabwe Government land measuring 23 903 hectares within Zimplats' mi...Published: 06 Jun 2018 at 10:46hrs | 1839 | by Staff reporter
Edgars to resume exports
GIANT clothing manufacturer and retailer, Edgars Group, says it will soon resume garments and clothing exports into the region.In an interview...Published: 05 Jun 2018 at 07:22hrs | 573 | by Staff reporter
Adapt technology to solve African problems, says NMB COO
"It is important for us as Africans to understand the challenges we face and find ways of using technology to solve them," NMB Bank chief operating of...Published: 04 Jun 2018 at 14:38hrs | 285 | by Tafara Shumba
Barclays Zimbabwe to operate under dual brand by October
BARCLAYS Bank of Zimbabwe is reportedly going to start operating under a dual brand by October 2018. This follows its acquisition by FMB Malaw...Published: 04 Jun 2018 at 07:09hrs | 1701 | by Staff Reporter
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