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Conrad Mwanawashe Business Reporter ZIMBABWE is considering submitting a bid for the chairmanship of the Kimberly Process Certification Scheme which is currently held by Angola.
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Business Reporter TORONTO Stock Exchange-listed Caledonia Mining Corporation says gold production at its 49 percent-owned associate, Blanket Mine, grew by 4,7 percent to 10 424 ounces in the six months to June this year.
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Tinashe Makichi Business Reporter The Civil Aviation Authority of Zimbabwe is in negotiations with local financial institutions to raise $11 million required to complete outstanding upgrades at the Harare International Airport.
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Business Editor A total of 12 stocks exchanged hands on the Zimbabwe Stock Exchange yesterday after the automated trading system went live following Friday’s false start.
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Happiness Zengeni Business Editor Diamond production in the first quarter was down 36 percent to 419 788,5 carats from 660 000 in the comparable year ago period. The downward trend is expected to continue in the short term as alluvial diamonds in the vast Marange fields are fast depleting.
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Sydney Kawadza Senior Reporter The Zambezi River Authority has engaged Ernst & Young as financial and legal transaction advisors for the development of the Batoka Gorge Hydro Electric Scheme. Addressing an inception workshop in Livingstone recently, ZRA chief executive Engineer Munyaradzi Munodawafa said the Financial and Legal Transaction Advisory Services
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Golden Sibanda Senior Business Reporter TELECEL Zimbabwe paid a $5 million instalment in part settlement of the $137,5 million regulatory requirement for renewal of its licence, which had run its full course of 15 years. The mobile phone operator said last week that the payment was part of the original payment plan agreed with Government through […]
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Tinashe Makichi Business Reporter Zimbabwe’s automated trading platform failed to take off as anticipated last Friday due to technical glitches that affected the central securities depository, sources close to the exchange said.
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Happiness Zengeni recently in JOHANNESBURG Huawei last week unveiled its latest smartphone which the group touts as the most user friendly smartphone for consumers globally. At the event in Johannesburg last Thursday general manager of Huawei Consumer Business Group SA Ms Charlene Munilall said the P8 is a game changer and signals China’s
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Business Reporter Meikles Limited is considering restructuring some of its subsidiaries in the near future as the group considers exploring more local and regional opportunities. This came after the company was invited by the Government of the Democratic Republic of Congo to discuss possible future investments in agriculture, hospitality and retail.
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Jeffrey Gogo Climate Story FIFTEEN years ago, the United Nations laid out a series of goals it aimed to achieve by this year. That was an ambitious project, but one worth the risk, even when the odds were staked heavily against the reality of those goals being attained at all within the prescribed time-
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Golden Sibanda Senior Business Reporter The Zimbabwe Stock Exchange saw a 32 percent dip in trading in the first six months of the year, as most heavyweight stocks registered declines in volumes of trading.
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The National Indigenisation and Economic Empowerment Fund (NIEEF) meant to assist locals to purchase shares in multinational firms has not yet been capitalised, Parliament heard on Thursday.
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The Zimbabwe Revenue Authority (Zimra) has recommended Government to reduce taxes for retailers as the influx of illegal vendors in cities and towns is threatening their survival.
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Tinashe Makichi Motoring Zimbabwe’s vehicle assembler, Quest Motors is fast becoming a force to reckon with in the local vehicle industry evidenced by the vehicle brands that it has been channelling into the local market since 2012.