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Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 4 | by Staff reporter
Shake-up at African Sun
AFRICAN Sun Limited (ASL) managing director Edwin Shangwa will leave Zimbabwe's largest hospitality chain at the end of this year following a surprise shake-up announced yesterday, which will also see...Published: 16 Nov 2021 at 05:42hrs | 5 | by Staff reporter
ZSE market cap hits $1 trillion mark
Zimbabwe Stock Exchange (ZSE) market value hits the $1 trillion mark for the first time since the market re-base over a decade ago as bulls charged on increased money supply.Zimbabwe's money s...Published: 30 Sep 2021 at 07:12hrs | 13 | by Staff reporter
'Rushwaya gold could buy UniFreight, Zeco'
THE gold that underfire Zimbabwe Miners' Federation (ZMF) boss Henrietta Rushwaya allegedly tried to smuggle out of the country before running into an airport security trap about three weeks ago was e...Published: 14 Nov 2020 at 21:20hrs | 2 | by Staff reporter
Major shake-up looms at ZB Bank
A MAJOR shake-up is looming at ZB Financial Holdings (ZBFH), with veteran banker Nicholas Vingirai tipped to increase his stake in a deal that would make him the majority shareholder in the listed gro...Published: 09 Oct 2020 at 10:16hrs | 12 | by Staff reporter
Harare's Charter House turned into hotel
CHARTER House located at corner Samora Machel Avenue and Julius Nyerere Way is set to be turned into a five-star hotel.Director of Legal Services in the Ministry of Environment, Tourism and Ho...Published: 15 Mar 2019 at 16:32hrs | 7 | by Staff reporter
New five star hotel for Harare
Property investment company Mashonaland Holdings Limited and Chinese tourism concern Touchroad International Holding Group have entered into a partnership which will see Harare getting its newest five...Published: 15 Mar 2019 at 08:41hrs | 4 | by Staff reporter
Vingirai to regain control of seized banking assets
VETERAN banker Nicholas Vingirai stands to regain full control of his banking assets which were controversially seized by government in 2004 and later sold to ZB Holdings, once a deal to split the int...Published: 10 Aug 2018 at 11:32hrs | 4 | by Staff reporter
Zimbabwe Stock Exchange sneeze before elections
The Zimbabwe Stock Exchange (ZSE) closed slightly lower during the last few days of official trade before the general elections set for tomorrow.After close on Thursday, the All Share Index fe...Published: 29 Jul 2018 at 09:59hrs | 2 | by Staff reporter
Demand for residential properties grows
Listed property firm Mashonaland Holdings Limited says it has made progress on the development of two residential projects in Ruwa and Harare during the six months to March 31, 2018, as it taps into t...Published: 05 Jun 2018 at 07:19hrs | 1 | by Staff reporter
ZB Financial Holdings headed for split
THE ZB Financial Holdings (ZBFH) group is headed for a split amid indications that one of its major shareholder, Nicholas Vingirai wants out.Vingirai, who through his Transnational Holdings Li...Published: 12 Jan 2018 at 06:04hrs | 1 | by Staff reporter
CEO's maintenance arrears hit $31 000
Mashonaland Holdings chief executive officer Manfred Mahari allegedly bought two of his children a Mercedes Benz each, but is failing to pay their school and tuition fees, the court heard. Mah...Published: 23 Aug 2017 at 06:22hrs | 2 | by Staff Reporter
ZB and Vingirai split imminent
THE split between ZB Financial Holdings (ZBFH) and Intermarket Holdings Limited (IHL) - which have been operating as a single entity for the past 11 years - seemed imminent last week after details eme...Published: 18 Jun 2017 at 10:03hrs | | by Staff reporter
Vingirai takes control of Mashonaland Holdings
NICHOLAS Vingirai, through his investment vehicle, Transnational Holdings Limited (THL), has taken control of Mashonaland Holdings (Mashold) following the appointment of his crony, Michael Mahachi, as...Published: 01 Jun 2017 at 08:27hrs | 1 | by Staff reporter
Top Mashonaland Holdings executives suspended
Listed property investment and development concern, Mashonaland Holdings Limited (Mashold), has suspended two top executives after an audit revealed that the firm could have been prejudiced of mil...Published: 19 Jan 2017 at 06:06hrs | 5 | by Staff reporter
ICSAZ elects Lovemore Kadenge as its new president
The Institute of Chartered Secretaries and Administrators in Zimbabwe has a new president. He is Zimbabwe Economics Society president Lovemore Kadenge.Mr Kadenge, who was vice-president of th...Published: 18 Jun 2015 at 09:35hrs | 14 | by Chris Chinamhora
Former ZB Financial Holdings CEO dies
TOP banker, Elisha Nyikadzino Mushayakarara has died, Business Daily reported.He was born on 8 April 1943. ...Published: 16 Feb 2015 at 19:11hrs | 4 | by Staff reporter
Nicholas Vingirai fights on
Transnational Holdings Limited (THL) founder, Nicholas Vingirai and his allies, will have to wait a little longer before their fresh bid to reclaim their assets merged into ZB Financial Holdings (...Published: 27 Jan 2015 at 08:09hrs | | by Staff reporter
Global investors head for Imara's Zim conference
Recent lacklustre performance by the Zimbabwe economy has not stopped global investors flocking to the annual conference staged in Harare by Imara Edwards, the country's leading stockbroker and their ...Published: 27 May 2014 at 11:45hrs | 3 | by Business reporter
Vingirai in new effort to get Intermarket back
Nicholas Vingirai's Transnational Holdings together with Econet Wireless Holdings Limited have resuscitated their legal battle to get the former Zimbank and Intermarket takeover reversed after filing...Published: 23 May 2013 at 14:20hrs | 3 | by Financial Express
Corporate Zimbabwe planning mega charm offensive - Imara
Corporate Zimbabwe is gearing up for one of the biggest 'charm offensives' since the dollarisation of the country's economy, according to Imara, the pan-African investment banking and asset management...Published: 23 May 2012 at 08:53hrs | 1 | by Business reporter
Timing drives big interest in Imara's Zimbabwe investor conference
Imara's upcoming Zimbabwe Investor Conference is predicted to be the biggest yet as timing factors drive global interest in corporate developments and potential equity market upside.The Harare...Published: 07 May 2012 at 07:30hrs | | by Business reporter
Mashonaland Holdings revenues ahead of budget
The company's AGM was held yesterday, Thursday 23 February 2012, and all resolutions tabled were passed without amendment. In a trading update, management reported that, revenue for Q1 2012 amounted t...Published: 24 Feb 2012 at 08:11hrs | | by Business reporter
Improved operating performance from ZB Financial Holdings
ZB Financial Holdings posted an improved operating performance for the interim period to 30 June 2011 as PBT climbed 437% year on year to $7 million. Total income grew 89% year on year to $19.1 milli...Published: 30 Aug 2011 at 07:24hrs | | by Imara
Nicholas Vingirai to bounce back as a major shareholder at ZB Holdings
VILIFIED exiled banker Mr Nicholas Vingirai is set to bounce back as a major shareholder of ZB Holdings Limited according to a deal which is being brokered by lawyer and TN Holdings group chief execu...Published: 12 Jun 2011 at 10:21hrs | 13 | by Mafu Sithabile
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