LISTED roofing and building products manufacturer, Turnall Holdings Limited, plans to embark on plant upgrade at its fac...
Sep 25, 2018
Kamativi Tailing Company (KTC) said initial drilling results at its lithium project in Matabeleland North have indicated...
The country’s property market in the first half of the year was characterised by high rent default levels and also low a...
The Zimbabwe Revenue Authority (Zimra) has recorded a 40,9 percent increase in imports of pre-owned vehicles at Beitbrid...
Harare – Following a cautionary statement issued last week, Econet is reported to be planning a large scale restructurin...
Sep 24, 2018
Harare – The government is said to have approved a $400 million five year diamond mining project to increase the value o...
Harare – The African Export-Import Bank (Afreximbank) and the National Bank for Foreign Economic Activity (NBU) of Uzbek...
Harare – President Emmerson Mnangagwa admitted that the fiscal balance in the country is very bad and needs to be correc...
GOVERNMENT has unveiled plans to facilitate establishment of a multi-million dollar ammonium sulphate processing plant i...
Zimbabwean banks have lined up funding for climate projects in a big way. Much of the money is earmarked for projects th...
Shrinking salaries, a Vat increase, petrol price hikes, escalating food costs and soaring electricity fees are just some...
Equity Bank Group’s Fintech subsidiary Finserve Africa recently launched m-Key keyboard app which offers financial, soci...
Aspen Pharmacare has lost about 45 billion rand ($3 billion) of its market value in just over a week in a sell-off spark...
Sep 23, 2018
Harare – Caledonia Mining Corporation’s local unit Blanket Mine’s resources have grown by approximately 86 percent since...
Sep 21, 2018
GOVERNMENT has committed 1% of gross domestic product (GDP) towards research and development (R&D) across all sector...
SMALL-SCALE chrome miners have engaged the Mineral Marketing Corporation of Zimbabwe (MMCZ) to adopt a market-based pric...
THE International Monetary Fund (IMF) yesterday said it was ready to help Zimbabwe craft a debt clearance strategy ancho...
The directors of Tristar Insurance Company Limited (Tristar), a short-term insurance unit of First Mutual Holdings Limit...
State-owned mobile network operator NetOne swung to profitability in the eight months to August 31, 2018, as profit rose...
Zimbabwe’s two major business member groups say price increases witnessed recently across a range of basic goods are lar...
NMB Bank's non-performing loan (NPL) ratio rose to 1.2% in the first half of 2024, up from 1.1% at the end of 2023. This increase, coupled with the recalibration of the local currency book following
The Reserve Bank of Zimbabwe has injected US$114 million into the forex market to meet rising demand for foreign currency and stabilize the run-away ZiG. In a statement, RBZ said US$50 million was inj
FBC Holdings’ total income has surpassed ZWG2 billion in the half-year to June 2024 despite experiencing a currency carnage in the first quarter. The group reported ZWG2.1 billion during the period u
African Sun, Zimbabwe's largest hotel group, is gearing up for a significant disposal of assets following the recent sale of two underperforming hotels for $6.9 million. This strategic move aims to op
TSL Limited has achieved a commendable performance in the third quarter ended 31 July 2024, with group revenue rising by 13% year-over-year. This growth was largely driven by increased volumes in the
Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia
Proplastics, a leading manufacturer of PVC piping and fittings, has reported a significant decline in export sales, from 15% of total sales in 2023 to a mere 1% in the first half of 2024 primarily due
South Africa's Rand Merchant Bank conducted research on 31 African countries, producing a ranking chart for the best and worst places for investment among these nations. President Mnangagwa, upon ass