Hospitality Group Rainbow Tourism has spent $300 000 on refurbishing the 93 rooms at its Kadoma Hotel and Conference Cen...
Jul 10, 2018
Zimbabwe’s mobile telcos’ revenue for the first quarter of 2018 decreased by 5,8 percent to $244,7 million compared to $...
Aim- and JSE-listed integrated resources group Tharisa reported record platinum group metals (PGMs) recoveries at 85.6%,...
Zimbabwe Economic Review & Election Scenario Analysis July 2018 Overview Zimbabwe’s macroeconomic environment rem...
Jul 09, 2018
Seed producer DowDupont has introduced a standalone Corteva Agriscience Company in Zimbabwe that will specialise in prod...
THE Reserve Bank of Zimbabwe says ballooning Real Time Gross Settlement (RTGS) account balances at banks are an indicato...
ZIMBABWE’s remaining blanket manufacturer, Waverly Blankets, faces collapse as its operations are being suffocated by an...
THE average hotel occupancy rate in the first quarter of 2018 for Bulawayo hotels rose by 44%, up 15 percentage points f...
Jul 08, 2018
Aim-listed Vast Resources has appointed Zimbabwean diamond mining executive Mark Mabhudhu to the board of its Zimbabwean...
Namibia’s economy will grow by 0.6% in 2018 and by more than double that in 2019, the central bank said on Friday, follo...
South Africa’s push for the right to seize land without compensation won’t target property that belongs to black citizen...
THE country’s sole manufacturer of conveyor belts, General Beltings Holdings needs about $2 million to recapitalise its...
Kamativi Mine in Matabeleland North is sitting on $ 1,9 billion worth of lithium on its dumps, which the Government is l...
GOVERNMENT has accelerated efforts of clearing its US$1,8 billion arrears with the World Bank and African Development Ba...
STATE owned diamond mining entity, the Zimbabwe Consolidated Diamond Company (ZCDC), has recorded a 44 percent increase...
HARARE- Zimbabwe Stock Exchange listed gold mining and exploration company, Falcon Gold Zimbabwe Limited (FGZ) has casts...
Jul 06, 2018
Harare - The Reserve Bank of Zimbabwe Governor, Dr John Mangudya said there is need for local banks to adopt new banking...
Harare - ZB Bank has partnered with UK headquartered cross-border payments enabler, ZymPay Limited to facilitate payment...
HARARE-The Zimbabwe Revenue Authority (ZIMRA) says corruption and high level of non-compliance from the tax payers has...
The new M-Pesa charges which took effect on July 1 will see Kenyans pay two per cent more for money transfer services....
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