Zimre Holdings narrows loss from $23 million to $2 million

May 1, 2017

Zimre Holdings narrowed its loss by 90 percent to $2.2 million for the full-year to December, from $23.1 million recorded…

What Wikileaks said about Mnangagwa succeeding Mugabe

April 30, 2017

The United States was already speculating way back in 2000 that Emmerson Mnangagwa could become President Robert Mugabe’s successor after…

Padenga  proposes share option schemes for management and workers

April 30, 2017

Padenga Holdings is seeking shareholder approval to set up a share option scheme for its workers and grant options to…

Mujuru caught offside on Gukurahundi again

April 30, 2017

National People’s Party leader Joice Mujuru has once again been caught offside in her efforts to exonerate her late husband,…

Why brutalising food vendors is counterproductive

April 30, 2017

In January this year, the Harare City Council in Zimbabwe accused informal food vendors of spreading typhoid. The council then…

What! Chombo’s former wife broke!

April 29, 2017

Home Affairs Minister Ignatius Chombo’s former wife, Marian, with whom he had a bitter divorce seven years ago is now…

Zamco buys $30 million of bad loans from BancABC to boost Atlas Mara profit

April 29, 2017

Zimbabwe Asset Management Company (Zamco) has purchased $29.5 million worth of non-performing loans from Pan-African banking group BancABC, boosting Atlas…

Life assurance net premium income up

April 28, 2017

The life assurance industry’s net premium income increased by four percent in 2016  to $347 million from $334 million recorded…

Old Mutual Zimbabwe operating profit above target

April 28, 2017

Old Mutual Zimbabwe says  adjusted operating profit for the quarter to March 31 was above target but marginally below last…

Zimbabwe Stock Exchange shortens payments window to three days

April 28, 2017

The Zimbabwe Stock Exchange says payments to dealers will now be expedited after moving to a three day payment cycle.…