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Retail outlets closes amid ZWG fluctuation
The recent spate of closures among prominent retail outlets in Zimbabwe has prompted Parliament to demand an explanation from Finance Minister Mthuli Ncube. The closures, attributed to the ongoing eco...Published: 05 Nov 2024 at 08:25hrs | 7785 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Electric fault switches off Gweru city centre
Most parts of the city centre in Gweru are without electricity due to a cable fault.In a statement, the Zimbabwe Electricity and Distribution Company said the affected areas are AgriBank, Beth...Published: 25 Nov 2023 at 14:12hrs | 8 | by Staff reporter
RBZ lifts Access Forex suspension
Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Control regulatory approvals.This comes after the Reserve Bank of Zimbabwe gave...Published: 28 Apr 2022 at 08:54hrs | | by Staff reporter
RBZ gives Access Forex the greenlight on local transfers
THE country's fastest growing domestic and international money transfer platform Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Contro...Published: 27 Apr 2022 at 18:38hrs | 12 | by Staff Reporter
Zimbabwe's New Romantic Comedy Feature Film set to spice up our screens in 2022!
Invision Studios & GetSetSkill are proud to announce Zimbabwe's New Romantic Comedy Feature Film "Just Say Hello" currently under production in Harare. The film contains a talented all-star line-u...Published: 19 Jan 2022 at 12:17hrs | 5 | by Agencies
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 7 | by Staff Reporter
Zimbabwe economic meltdown deepens
SOME of Zimbabwe's largest companies have painted a grim picture of the country's socio-economic situation, reporting a sharp fall in revenues, as the relentless economic meltdown intensifies....Published: 13 Nov 2020 at 07:31hrs | | by Staff reporter
Zimbabwe companies get greenlight to report in US$
THE Public Accountants and Auditors' Board (PAAB) has issued a new reporting guidance framework that permits companies to present financials for year ending December 31, 2018 in United States dollars ...Published: 27 Mar 2019 at 07:00hrs | | by Staff reporter
Alternative currencies still legal tender in Zimbabwe
Legal think tank Veritas says the use of alternative currencies remains legal as Statutory Instruments (SIs) 32 or 33 of 2019 do not prohibit their use for pricing, recording debts, accounting and set...Published: 26 Mar 2019 at 06:18hrs | | by Staff reporter
Truworths wades into devaluation debate
A number of Zimbabwean economic players have called for currency devaluation, with some pressing for "steep devaluation" of between 50 percent and 60 percent. Devaluation basically refers to the decis...Published: 05 Oct 2018 at 07:51hrs | | by Staff reporter
Truworths swings back to profitability
TRUWORTHS Zimbabwe overturned its loss making position registering a profit after tax of $548 095 for the half year ended January 7, 2018 on the back of increased sales.In the comparative peri...Published: 13 Mar 2018 at 05:38hrs | | by Staff reporter
Zimbabwe's pricing dilemma
Zimbabwe's quest for economic competitiveness and new business is very much connected to market pricing of goods and services. Competitive prices incentivize suppliers through healthy profit margins w...Published: 23 Feb 2018 at 13:33hrs | 1 | by Victor Bhoroma
New leadership at ZLHR
SENIOR human rights lawyer Mordecai Pilate Mahlangu has been elected the Board Chairperson for Zimbabwe Lawyers for Human Rights (ZLHR).Mahlangu, elected at ZLHR's Board meeting held on Wednes...Published: 07 Jul 2017 at 10:57hrs | 1 | by Stephen Jakes
Zimbabwean on the brink of greatness
The curtain comes down on this year's season of M-Net's The Voice, with Zimbo John Ansley slated as the favourite to take the top spot which guarantees him a shot at the big time as it comes with a lu...Published: 07 Jul 2017 at 09:24hrs | | by Staff reporter
Black Opal Face of Zimbabwe search begins
The search for Black Opal Face of Zimbabwe 2016 has begun with organisers of the event calling on beautiful ladies to purchase Black Opal products to be part of the contest. With $8,000 up for...Published: 01 Dec 2015 at 06:02hrs | | by Showbiz Reporter
World class shopping Mall of Bulawayo on the cards
South African property developers McCormick Property Development (MPD) will develop a regional and first of its kind Mall of Bulawayo in Bulawayo.It's not clear as to when construction of the ...Published: 16 Sep 2015 at 20:46hrs | 6 | by Ndou Paul
Truworths fall on hard times
Clothing retailer - Truworths suffered a 18,6% decline in sales but experienced a 3,6% increases in account holders projecting a very difficult trading year.The group said merchandise sale...Published: 06 Mar 2015 at 10:11hrs | | by Thobekile Zhou
Zimbabwe should make hay while the SADC Chairmanship shines
Visitors help hosts straighten up very quickly. In anticipation of any guests, we find ourselves cleaning those crevices of our homes that we ordinarily would not attend to, so as to make a good impre...Published: 15 Aug 2014 at 18:47hrs | | by Victor Kgomoeswana
'High import duty fuelling smuggling,' says Zimra
Zimbabwe Revenue Authority (Zimra) is proposing to lower import duty on finished clothes to reduce smuggling and increase tax collection.Gershom Pasi, the Zimra Commissioner General, this wee...Published: 25 Jun 2014 at 13:48hrs | 1 | by Staff reporter
African manufacturers are taking advantage of international interest
As international focus shifts to Africa as a growing global player, the continent's manufacturers are ready to take advantage of the growing interest at Source Africa, the Textile, Apparel and Foo...Published: 04 Jun 2014 at 10:41hrs | | by Staff Reporter
Zim economy worsens, as Mugabe remains mum
Zimbabwe is paying a heavy financial price as the economy slows down under President Robert Mugabe's Zanu-PF government, with stocks and bonds on an unprecedented plunge.The Zimbabwe Stock Exc...Published: 20 Mar 2014 at 14:29hrs | | by Staff reporter
Black Opal Face of Zimbabwe 2014 roars into life
The search is on for 2014's Black Opal Face of Zimbabwe (BOFOZ) which, among other things, includes a first prize of $8 000 for the winner, $4 000 and $2 000 for the runners up.The lucky lady...Published: 31 Oct 2013 at 15:48hrs | 1 | by Ndou Paul
Mbo Mahocs, the lady to impress at the Fashion Weekend Zimbabwe 2013
Bulawayo's Sweetheart, Miss Mbo Mahocs will be hosting the Red Carpet at this year's Fashion Weekend Zimbabwe. The event is Zimbabwe's essential shopping, music and food event, an annual occasion that...Published: 17 Oct 2013 at 08:03hrs | 2 | by HMA
75% of space at the Mall of Zimbabwe taken
At least 75 percent of space at the West Properties' US$100 million Mall of Zimbabwe to be constructed in the upmarket suburb of Borrowdale in Harare has already been taken up even before the projec...Published: 23 Aug 2013 at 04:32hrs | | by Staff Reporter
ZSE shares sink in post election market bloodbath
ZSE's Industrials plunged 11.09% on Monday as panicked investors flee the bourse in post election market bloodbath that saw the heaviest sell-off since dolarisation.The Industrials Index dropp...Published: 05 Aug 2013 at 10:55hrs | | by Business reporter
ZSE's Industrials extends gains in pre-election trades
ZSE's Industrials extended their gains to another uncharted territory on Monday in pre-election trading with just a day to go before the 2013 harmonised elections.The Industrials Index gained ...Published: 29 Jul 2013 at 12:35hrs | | by Business reporter
Industrials ends the week in positive territory on thin volumes
Industrials ended the first week of the second half of the year in the positive territory as heavyweights continued to recover albeit in thin volumes.The Industrials Index gained 1.62 points ...Published: 05 Jul 2013 at 10:27hrs | | by Business reporter
Bulawayo born beauty starts own cosmetic line
At 25, she was representing the country on world-famous ramps in Las Vegas, United States of America, as a Miss Universe contestant. She dazzled the world on the catwalk and launched her clothing line...Published: 30 Jun 2013 at 07:50hrs | | by Leisure Reporter
Industrials falters at half year end but still up 38.58% in the year
ZSE's Industrials ended the first half of 2013 in the red as the market's most capitalised counter Delta clocked 4 straight sessions trading in the red.The trading session was however highligh...Published: 28 Jun 2013 at 18:02hrs | | by Business reporter
ZSE: Industrials continues to slide on weak blue chips
Heavyweight counters on the ZSE remained weak on Wednesday and dragged the Industrials lower for the 6th straight session as the Constitutional Court was hearing election date extension application th...Published: 26 Jun 2013 at 17:38hrs | 2 | by Business reporter
Industrials weaken on heavyweights' sell-off
Selling pressure in mostly heavily capitalised counters saw the Industrials close in the red on Tuesday for the 5th consecutive session.The Industrials Index dropped 1.73 points or0.80% to 215...Published: 25 Jun 2013 at 13:02hrs | | by Business reporter
Industrials snap record rising streak in midweek trades
Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to ...Published: 12 Jun 2013 at 11:44hrs | | by Business reporter
Industrials extends record rise as Innscor shares close above $1
Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...Published: 10 Jun 2013 at 10:20hrs | | by Business reporter
Industrials bounces back as buyers resurface in selected counters
Industrials recovered on Tuesday from yesterday's losses largely on gains in Delta and Innscor as reasonable buyers resurfaced in some counters.The Industrials Index recovered 1.49 points or ...Published: 04 Jun 2013 at 11:47hrs | | by Business reporter
ZSE Industrials sets another record level
ZSE's Industrials closed above the 210.00 mark for the first time on Friday as Delta shares ended at another record high of 143.01c to extend the momentum built up over the past 2 weeks while daily ma...Published: 17 May 2013 at 11:19hrs | | by Business reporter
ZSE: Industrials hits fresh all-time high in midweek trades
ZSE's Industrials closed at a fresh all-time high of 205.71 on Wednesday as investors continue to pile into a few selected counters.The Industrials Index...Published: 15 May 2013 at 14:44hrs | | by Business reporter
ZSE: Industrials rebounds but closed off its all-time high
The market's mainstream Industrials rebounded on Tuesday, buoyed by gains in selected heavyweights, to dose at 204.72 but remained off its all-time high of 204.74 reached last Friday.The ...Published: 14 May 2013 at 13:26hrs | | by Business reporter
ZSE: Industrials rallies into uncharted territory as volumes improve
ZSE's Industrials jumped to a fresh all-time high on Thursday buoyed by positive trades and volumes in Econet, Innscor a...Published: 09 May 2013 at 11:47hrs | | by Business reporter
ZSE shares rally as Industrials races past 200 mark
ZSE shares rallied in midweek trades with Industrials closing above the 200.00 mark for the first time since January but daily turnover stayed below the psychological $1 million level.Volumes...Published: 08 May 2013 at 11:09hrs | | by Business reporter
ZSE shares advance but trading volumes remain weak
ZSE shares advanced on Tuesday with the Industrials drifting towards the 200.00 mark for the first time since dollarisation albeit in thin volumes as most investors stayed on the sidelines despite a r...Published: 07 May 2013 at 13:48hrs | | by Business reporter
Delta shares hit $1,30 for the first time
Delta shares closed at their all-time best level of 130.01c on Monday ahead of the release of March finals next week and helped the Industrials hit a new all time high of 192.68. But volumes remained ...Published: 06 May 2013 at 11:59hrs | | by Business reporter
ZSE shares open week higher on selected heavyweights
ZSE shares reversed last Friday's losses to open the week in the green largely on gains in BAT, Delta, Lafarge and OK Zimbabwe.The Industrials Index rec...Published: 29 Apr 2013 at 11:07hrs | | by Business reporter
ZSE: Market rebounds in midweek trades
ZSE shares see sawed back into the positive territory on Wednesday after gains in selected counters across the board in a session where only 3 counters managed losses....Published: 24 Apr 2013 at 11:08hrs | 1 | by Business reporter
ZSE shares little changed after Independence holiday
ZSE shares were little changed on Friday with the 10 counters that managed gains failing to inspire Industrials, closing a modest 0.01% in the red after giving in to losses in just 4 counters after th...Published: 19 Apr 2013 at 10:49hrs | | by Business reporter
ZSE:- Econet, Innscor drag Industrials lower
Losses in heavyweights Econet and Innscor dragged the Industrials lower for the second straight session on Thursday wipi...Published: 11 Apr 2013 at 11:12hrs | | by Business reporter
ZSE shares wades back into negative territory
ZSE shares were back in the red on Wednesday as heavyweight counters Hippo and Innscor traded lower to snap the 5-day rising streak.The Industrials Index...Published: 10 Apr 2013 at 10:59hrs | | by Business reporter
ZSE:- Industrials extends gains as Minings recover
Industrials extended gains on Monday after gains in heavyweight counters Delta, BAT and Hippo while Minings recovered last Friday's losses on gains in RioZim....Published: 08 Apr 2013 at 11:58hrs | 1 | by Business reporter
ZSE shares rebound as turnover rises to $3.2 million
ZSE shares registered their first gains for the month of April on Wednesday following remarkable gains in Innscor, Natfoods ...Published: 03 Apr 2013 at 10:53hrs | 1 | by Business reporter
ZSE: Econet rebounds to break Industrials' 4 day losing streak
Econet recovered a significant 4.10c or 6.72% to 65.1c at week's end to snap Industrials 4-day losing streak.The Industrials Index recovered 2.61 points...Published: 15 Mar 2013 at 13:17hrs | | by Business reporter
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