ROYALTIES on Zimbabwean-mined diamonds have remained punitive, scaring away investors and disadvantaging local players,...
Jul 05, 2018
THE Zimbabwe Asset Management Company (Zamco) has taken over Starafricacorporation Limited’s $32 million debt owed to di...
BINDURA Nickel Corporation (BNC) is in the red after the group’s current liabilities exceeded current assets by $4,7 mil...
LISTED mining group, Falcon Gold (Falgold) Zimbabwe, says its operations in the half year ended March 31, 2018 have been...
HARARE – Hospitality group, African Sun Limited, has appointed Mr Alex Makamure as the new board chairman with effect fr...
AGRIBANK has so far spent $1,1 million on information communication technology (ICT) infrastructure hardware, as it pres...
At least 221,8 million kg of tobacco worth $647 million have been sold at contract and auction floors since the start of...
NON-LIFE insurance companies registered 250 percent growth in profits to $33,6 million in the 12 months to December 2017...
Harare - Fidelity Life said there is clear indication that its core insurance business is on a strong recovery path afte...
Jul 04, 2018
Harare - LafargeHolcim on Wednesday announced the appointment of Miljan Gutovic as the Head of Region Middle East Africa...
HARARE-National Tyre Services Limited (NTS) revenue for the year ended March 31, 2018, surged 16 percent to 13.8 million...
Standard and Poor’s has raised African Bank and Capitec’s national scale credit rating after revising its mapping table...
SOUTH African focused platinum miner, Lonmin Plc has entered into an agreement to sell its 50 percent stake in PetroZim...
NMB Bank has secured a $15 million line of credit facility for exporters as part of its efforts to enhance exports that...
hina's shift to consumption-led growth will have mixed credit implications for African sovereigns, flattening the trade...
Glencore tumbled the most in two years as its African troubles escalated dramatically after US authorities demanded docu...
Mozambique’s prime rate, the country’s benchmark interest rate, was kept unchanged at 22.5% in July, the Bank of Mozambi...
HARARE-Barclays bank Zimbabwe has entered a new transitioning phase after shareholders voted in favour of co–rebranding...
Jul 03, 2018
Harare - State-owned mobile telecommunications firm, NetOne says it has seen it fit to introduce DStv payments via their...
AFRICAN Sun Limited has appointed Mr Alex Makamure as new board chairman replacing Mr Herbert Nkala who has retired from...
Glencore Plc, the Switzerland-based mining and commodity trading group listed in London and Johannesburg, will begin trading in Sydney on October 14, widening its investor base as it advances multibil
Caledonia Mining’s Blanket Mine now needs its strongest quarter of 2026 to recover from a deep-level mining bottleneck that cut access to higher-grade ore, reduced gold production and forced managemen
About three quarters of everyone admitted into Zimbabwe’s prisons during the second quarter of 2026 entered without a sentence, placing court processing, bail and remand management at the centre of th
he Zimbabwe Energy Regulatory Authority has reduced diesel prices to US$2.04 per litre and petrol blend to US$2.05, effective October 8. The cuts provide limited savings for businesses and households,
Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr
Fidelity Life Assurance’s core insurance operation moved into loss in the first half of 2026 as higher claims and a rising loss component pushed insurance service expenses above insurance revenue, lea
Lithium products overtook platinum group metals as Zimbabwe’s largest mineral export category excluding gold and silver, generating approximately US$2.16 billion in the nine months to September 2026.
Zimbabwe’s covered formal-sector employment contracted by 1.2% year on year in the first quarter of 2026 even as workers recorded a sharp recovery in earnings, exposing an economy that is rebuilding p