Foreigners to be allowed to own platinum, diamond mines

Zimbabwean Finance Minister Mthuli Ncube said a rule requiring local investors to control platinum mines will be scrapped and foreigners will be allowed to own 100 percent in a bid to revive investment.

Stock Market Weekly Review

Weakness dominated the Zimbabwe Stock Exchange (ZSE) as it continued on a downward trend, registering declines for the sixth consecutive week slipping into year to date losses.

Zambezi Explorer meets the Zambezi River

This modern catamaran lets you enjoy the best of the Zambezi River and its abundant wildlife in utter comfort and style.

International Women’s Day also for the business world

Today marks International Women’s Day (March 8), a day celebrated globally to commemorate the inspiring roles of women.

Econet Wireless Zim buys MTN

MTN Group has announced the disposal of its share in a Botswana joint venture, as Africa’s biggest wireless carrier by revenue kicks off a drive to raise at least R15 bilion from asset sales and strengthen the balance sheet.

Zimplats royalty expense spikes at $12,2 million

Zimbabwe’s largest platinum producer, Zimplats, has recorded a 74 percent increase in royalty and commission expenses to US$12,2 million for the half year period ended 31 December 2018.

Tick-borne diseases threatens beef market

The beef sector faces serious challenges in supplying the product consistently on the market following reports that farmers in five districts of Mashonaland Central are continuously losing cattle to tick-borne diseases.

Agric sector tops NPLs list

The agricultural sector tops on the $1,13 billion non-performing loans (NPLs) acquired by the Zimbabwe Asset Management Company (Zamco), chalking 43 percent of the NPLs.

Willdale output capacity up 70pc

Brick making concern, Willdale Limited says production capacity for the first 5 months from October 2018 to February 2019 has increased by about 70 percent on the back of strategies that were implemented by the firm during the period.

Did you know?

First Capital Bank, formerly Barclays Bank Zimbabwe was first established in Zimbabwe in 1912 and has been in operation since then.

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