Zimbabwe Energy Regulatory Authority to review fuel pricing model

September 2, 2015

Zimbabwe’s energy regulator is reviewing the country’s fuel pricing model to benchmark it on regional standards amid concerns that petroleum…

Metbank still in the red

September 1, 2015

Struggling MetBank has reduced its losses to $130 000 in the six months to June  from $3.5 million registered in…

Is Gono still in the running to succeed Mugabe?

September 1, 2015

President Robert Mugabe’s continued stay in power and the stifling of debate on who is going to succeed him has…

Zesa warns of more power cuts

September 1, 2015

Zimbabwe’s electricity shortages are set to worsen after the power utility today reduced output at its two main plants, Kariba…

Business not so good for Stanchart

September 1, 2015

Global banking group Standard Chartered Plc’s Zimbabwean unit reported pre-tax profit of $1.2 million in the six months to June…

Dangote also planning to invest in coal mining and power generation in Zimbabwe

September 1, 2015

Nigerian magnate Aliko Dangote, reported to be Africa’s richest man, says he is looking to invest in coal mining and…

Atlas Mara records $4.1 million profit

August 31, 2015

BancABC Zimbabwe’s parent company, Atlas Mara, has registered $4.1 million after tax profit in the half-year to June compared to…

Zimplats in record loss but pays out dividend

August 31, 2015

Zimbabwe’s largest platinum miner Zimplats ‘s reported a $74.3 million loss in the full year to June 30 compared to…

Africa’s richest man plans to build his biggest cement plant in Zimbabwe

August 31, 2015

Nigerian billionaire Aliko Dangote today announced plans to build a 1.5 million tonne cement plant in Zimbabwe, double the current…

FBC Holdings makes $8.2 million profit in six months

August 31, 2015

Listed financial services group FBC Holdings registered $8.2 million after tax profit in the half-year to June, a 21 percent…