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...
Tharisa Plc has raised approximately US$294 million through a five-year senior secured bond that will be used mainly to complete construction of the Karo Platinum Project in Zimbabwe, giving the miner
Econet Wireless Zimbabwe plans to retire its third-generation (3G) mobile network by the end of December 2027, beginning a major reallocation of spectrum and infrastructure toward fourth-generation (
Finance Minister Mthuli Ncube has disclosed 6,995 additional hotel rooms at different stages of development in Harare, alongside investment opportunities within the 1,200-hectare Masuwe Special Econom
Zimbabwe has raised producer and planning prices for the 2026/27 agricultural season, lifting maize and traditional grains to US$432 per tonne, soya beans to US$660.95, sunflower to US$826.19 and whea
Zimbabwe’s beverage and food manufacturing landscape is entering a new phase of scrutiny as the proposed acquisition of a significant stake in Dairibord Holdings by Varun Beverages raises questions ar
Zimbabwe’s platinum industry is entering a market where the next demand cycle may increasingly come from advanced industrial applications rather than its traditional automotive base, as artificial int
Zimbabwe’s platinum industry has increased refined production during the second quarter of 2026 as operational improvements at major producers lifted output, placing the country’s mining sector in a
The Zimbabwe Investment and Development Agency (ZIDA) and Invest Hong Kong have signed a memorandum of understanding establishing a framework for investment cooperation, including investor referrals,
