adminFalcon Gold wins ZSE award
Business ReporterFALCON Gold Zimbabwe Limited has been voted the “Best Performing Mining Company” on the Zimbabwe Stock Exchange in 2011. The screening criteria for the award were both quantitative and
Zimra fails to capture cyber purchases
Tax collector Zimra is still facing challenges in tapping revenue that is generated through cyber purchases as its system was not yet up to date to monitor exchange of money through the Internet.Poor corporate governance driving corruption, says Chikura
Business ReporterPOOR corporate governance has been fingered as the key driver of corruption in the country.
This was said by the Deposit Protection Corporation chief executive Mr John Chikura at an Institute of
‘Royal Bank can reopen if . . .’
Business ReportersRESERVE Bank Governor Dr Gideon Gono on Tuesday said the closed Royal Bank could still reopen if it secured new investors and conformed to good corporate governance systems. But founding
Craft trainees return from India
Business ReporterSeventeen craft managers drawn from small and medium enterprises across Zimbabwe returned from a two-week training programme in India yesterday. The female trainees were drawn from the National Art
Zim, Australia set to strengthen economic ties
Martin Kadzere Senior Business ReporterEconomic ties between Zimbabwe and Australia are set for a massive take-off as the two countries relaunch a business council to foster trade and investment. After a 10-year suspension, the relaunch of
Zimplats profits take a dip in second quarter
Tawanda Musarurwa Business ReporterZIMBABWE Platinum Holdings (Pvt) Ltd took a 52 percent knock in profitability in the quarter ended June 30 2012. The largest platinum producer posted an operating profit of US$25 million, 52 percent
US$300m lying idle: Gono
Bright Madera Senior Business ReporterABOUT US$300 million is lying idle in Real Time Gross Settlement balances, in the absence of investment instruments on the money market. Reserve Bank of Zimbabwe Governor Dr Gideon Gono,
FBC Bank goes for merger
Martin Kadzere Senior Business Reporter
FBC Holdings intends to merge its banking division with the building society in a bid to meet the new minimum capital requirements announced by the Reserve Bank of Zimbabwe this week. According to