Fri, Sep 10, 2010
Meikles Limited has announced it would sell its shares in Kingdom Financial Holdings (KFHL) to anyone who makes an “acceptable” offer, before or after its extraordinary general meeting (EGM) slated for the 13th of next month.
Wed, Sep 08, 2010
HARARE - Finance minister Tendai Biti has said one of the officials representing a South African financial firm which had offered Zimbabwe a failed US$50 billion loan deal was an arms dealer and might have links with a “Russian Mafia” reports the Daily News
Tue, Sep 07, 2010
Harare:One of the country’s largest bakeries Lobels, has stopped bread production after dismissing three of its top managers on allegations of fraud and misappropriation of company funds that had reportedly crippled the bread manufacturing company’s operations.
Tue, Sep 07, 2010
Harare — London-based Amstel Securities NV says Zimbabwe's economy is "the final frontier market in Africa" and very attractive.
Tue, Sep 07, 2010
Harare, Zimbabwe - A Zimbabwean life assurance company announced Monday it was closing down its subsidiary in Zambia over disagreements with regulators.
Mon, Sep 06, 2010
APA-Harare (Zimbabwe) Mauritius-based petroleum group, Engen, has resubmitted a proposal to buy BP and Shell Zimbabwe assets following the rejection of its initial bid by the National Indigenisation and Economic Empowerment Fund (NIEEF) on grounds that the deal was not consistent with Zimbabwe’s indigenisation laws, state media reports here Monday.
Thu, Sep 09, 2010
HARARE - Youth Development Indigenization and Economic Empowerment Deputy Minister, Tongai Matutu, has warned the country’s black empowerment lobby groups against evicting foreigners operating their retail businesses in the Central Business District of Harare and other towns through out the country.
Wed, Sep 08, 2010
HARARE - Zimbabwe is seeking 3.25 billion rand in an overdraft and credit facility from South Africa, Finance Minister Tendai Biti said on Wednesday, as the country battles to reverse the effects of a decade-long political and economic crisis.
Tue, Sep 07, 2010
Zimbabwe’s Vice President Joice Mujuru on Monday suggested that the southern African country, which currently has no currency of its own, should adopt the Chinese Yuan.
Sat, Sep 04, 2010
Harare, - Zimglass, a Gweru based glass manufacturing company has decided to close operations for six months in order to improve its machinerty, leaving hundreds of workers stranded.
Fri, Sep 03, 2010
The Zimbabwe government in conjunction with the National Indigenization and Economic Empowerment Board is said to be drafting legislation to block foreigners from investing in the retail sector.
Thu, Sep 02, 2010
(Bloomberg) -- Zimbabwe's financial position is still "very trying" and diamond sales this year will not ease pressure on the budget, Finance Minister Tendai Biti said.
Thu, Sep 02, 2010
HARARE - Oil major BP and Shell has narrowed down its Zimbabwean–asset buyers’ shortlist to six, amid reports that an Oliver Chidawu–led investment group is a frontrunner for the portfolio reports the Daily News.
Wed, Sep 01, 2010
Zimbabwe will need about US$200 million to conduct elections which look likely next year, Finance Minister Tendai Biti said Tuesday.
Wed, Sep 01, 2010
Harare — Finance Minister Tendai Biti has announced Mr Charles Kuwaza's appointment as the new chairperson of the Zimbabwe Revenue Authority board.
Tue, Aug 31, 2010
Harare-Robert Mugabe on Saturday incited Zanu PF businessman Nigel Chanakira to apply the controversial indigenisation law in order to end the shareholding dispute he is having with John Moxon over Meikles Africa.
Mon, Aug 30, 2010
Zimbabwe has secured a 50-million-dollar (39.3-million-euro) loan facility from the Africa Export Import Bank to revive its agriculture and manufacturing industries, the bank said Monday.
Sun, Aug 29, 2010
Harare - Zimbabwe's bankrupt central bank is to retrench 85 per cent of its bloated staff complement to help it move back into the black and function as a reliable national bank, according to Finance Minister Tendai Biti.
Sun, Aug 29, 2010
APA-Harare (Zimbabwe) The Reserve Bank of Zimbabwe (RBZ) has reinstated the licences of three commercial banks it closed six years ago after the financial institutions ran into financial problems, APA learns here Sunday.
|
|
 |
RSS 2.0 Feed