SOUTH African Airways (SAA) says it will be switching to diplomacy to recover millions of dollars that have been not been repatriated from Zimbabwe.Zimbabwe and Angola are said to owe SAA a combined $...
Econet is investigating claims that some EcoCash agents are offering cash outs at a premium.In a statement yesterday, Econet said it routinely did security checks on its agents to clamp down on the pr...
POSB's net interest income declined by 9,84% to $11,02 million in the financial year ending December 31, 2017, which it blamed on the interest caps put in by the central bank last year.Net interest in...
AN EMPLOYEE at Arenel Sweets and Biscuits in Bulawayo allegedly lost an arm yesterday morning after he was trapped by a conveyer belt during maintenance.Mr Goodluck Muleya (24) who sustained multiple ...
THE National Railways of Zimbabwe (NRZ) passenger train between Bulawayo and Victoria Falls was on Tuesday delayed for about 10 hours after a goods train derailed and blocked the railway line in Hwang...
ZIMBABWE Lithium Company is negotiating with RioZim to upgrade the Empress Nickel Refinery (ENR) and position it for battery grade lithium production.Lithium has become a much-sought after mineral not...
HWANGE Colliery Company has adopted a new integrated business management system meant to enhance competitiveness on the global market while ensuring safe working conditions for its workers.Speaking du...
SABLE Chemical Industries, the country's sole producer of Ammonium Nitrate, is set to embark on a project to set up a $200 million fertiliser manufacturing plant which uses Coal Bed Methane (CBM).Spea...
NEARLY $400 million worth of tobacco has so far been sold at the auction floors since the beginning of the marketing season in March, official figures show.The Tobacco Industry and Marketing Board (TI...
HWANGE Colliery Company Limited (HCCL) is expected to haul 300 000 tonnes of coal beginning this month, as the coal miners eyes a return to profitability.This was said here yesterday by HCCL board mem...
THE country's second largest mobile network service provider by subscriber base, NetOne, says up to one million subscribers are now transacting through its OneMoney mobile money platform.Chief executi...
STATE-owned telecommunications company, TelOne, is changing all area codes and modifying telephone numbers as the implementation of the $98 million national broadband project nears completion.In a sta...
The much-awaited women's bank is set to open next Tuesday after the Reserve Bank of Zimbabwe (RBZ) authorised its operations and issued it with a licence, a Cabinet minister said yesterday.Women Affai...
First Mutual Holdings Limited (FMHL) will increase its stake in NicozDimond Insurance Limited (NDIL) to 100 percent if shareholders approve the proposal at a meeting to be held at the end of this mont...
Zimbabwe's rough-diamond production will more than triple to 11 million carats in 2025, according to the nation's state-owned mining operation. Output will grow at an average of 21% per year from 3 m...
ZIMBABWE'S largest platinum miner, Zimplats, has agreed to release to the Zimbabwe Government land measuring 23 903 hectares within Zimplats' mining lease area in support of the Government's eff...
Zimbabwe's banks are posting startling profits that are buttressing economists and investors' belief that revenues from electronic transactions charges were reinvigorating the long-struggling financia...
Zimbabwe is committed to Africa's quest to enhance the continent's information and communication technology (ICT) systems, as these are necessary to achieve sustainable development in all sectors of t...
THE Ministry of Mines and Mining Development has started exploration of limestone deposits on the outskirts of Zvishavane, which have the potential to generate millions of dollars in revenue for the c...
Hwange-based companies came under fire yesterday as residents complained bitterly that they are deliberately being excluded in terms of employment, even for junior positions of cleaners, which they cl...
THE National Railways of Zimbabwe (NRZ) has surpassed its first quarter revenue target of $18 million by five percent driven by the trust the parastatal's customers continue to build in the company.NR...
Small scale miners got a reprieve after Government temporarily shelved mining fees levied on them as part of efforts to formalise the sector and increase production.President Mnangagwa announced this ...
Zimbabwe Stock Exchange (ZSE) listed seed producer, Seed Co, after tax profit for the year to March 31, 2018 surged 5 percent to $21,4 million despite the group being afflicted by a number of adverse ...
"It is important for us as Africans to understand the challenges we face and find ways of using technology to solve them," NMB Bank chief operating officer Gerald Gore told participants in the Enactus...
Cassava Fintech and Comviva have jointly won the East Africa Com Award in "Fintech Innovation Award" category for EcoCash Merchant Payments powered by mobiquity® Money. The award was presented recent...