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Man axes sekuru to death and buries corpse in shallow grave after he advised him to advance his education
Investments News
The latest Zimbabwe news, from NewsDay, Herald, Chronicle and more. 58 stories
Karo platinum project to create 90 000 jobsTendai Mugabe in MHONDOROPresident Mnangagwa yesterday officially launched the $4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira, which is set to create a combined 90 000 j...HeraldInvestments25 July 2018
$153m airport rehab unlocks job prospectsFelex Share Senior ReporterPresident Mnangagwa yesterday commissioned the $153 million Robert Gabriel Mugabe International Airport upgrading and rehabilitation project as Government modernises the cou...HeraldInvestments24 July 2018- DIDG scheme targets investors abroadTHE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its advisors to set up the Collective Investment Scheme meant to allow other Zimbabwea...NewsDayInvestments19 July 2018
Zim enters new era for investorsTendai Mugabe Senior ReporterZimbabwe has entered a new era in which all investment is welcome and its safety guaranteed, and where education should be used as a conduit for employment creation and re...HeraldInvestments19 July 2018
. . . teams work in all provincesHerald ReportersThe new political dispensation has prioritised the construction, maintenance and rehabilitation of roads and bridges throughout the country, with road authorities having to go on overd...HeraldInvestments16 July 2018
$4,5bn Batoka deal to create 6 000 jobsLevi Mukarati recently in BinduraZimbabwe and Zambia have agreed on principles for the $4,5 billion Batoka Gorge Hydro Electricity project secured by Harare, paving way for a technical meeting this we...HeraldInvestments9 July 2018
RBZ secures $1,3bn offshore loans for industryTHE Reserve Bank of Zimbabwe (RBZ) has managed to secure $1,3 billion offshore loans through the African Export-Import Bank (Afreximbank) and Trafigura to support production and promote exports, an of...HeraldInvestments5 July 2018
RBZ to bring more forexAfrica Moyo Business ReporterRESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says they will continue to source foreign currency to support the multi-currency regime, which is expected to rema...HeraldInvestments5 July 2018
$4,2bn project ready for takeoff •Investor moves equipment on site •90 000 jobs to be createdIshemunyoro Chingwere Business ReporterThe $4,2 billion platinum investment project in Mhondoro-Ngezi has become one of the fastest projects to be implemented under President Mnangagwa’s administratio...HeraldInvestments4 July 2018
ED to launch Youth BankBulawayo BureauPresident Mnangagwa will on Thursday officially open the Youth Empowerment Bank, which is set to fund various projects for young people across the country. Sport, Arts and Recreation Mi...HeraldInvestments3 July 2018
BCC, FBC Bank in housing dealTHE Bulawayo City Council (BCC) has rejected a proposal for a housing project partnership by Metbank but embraced a similar pitch from FBC Bank. Latest council minutes released yesterday indicate that...ChronicleInvestments4 January 2018
Chinamasa finds his groove, and voicePatrick Chinamasa virtually sang and danced through his budget speech like a newly freed slave on Thursday. The shackles are off and he clearly looked relieved. For the first time in his portfolio, he...TheSourceInvestments8 December 2017
Bitcoin price hits $16,5k in ZimbabweThe price of bitcoin in Zimbabwe as quoted at the local exchange, Golix, rose 13,79 percent on Monday to trade at $16,500, about 65 percent above the global price. The global price of bitcoin stood ne...TheSourceInvestments28 November 2017
Bitcoin breaks through $8 000Bitcoin has soared to over $8 000. There are signs of a Bitcoin bubble emerging. That bubble has yet to reach a point of maturity meaning that Bitcoin will keep appreciating. Bitcoin could reach $10 0...HeraldInvestments24 November 2017
ZSE market cap hits new high of $15blnThe Zimbabwe Stock Exchange (ZSE) market capitalisation hit $15 billion mark on Tuesday for the first time ever, as stocks continue to rally on the local bourse. Market capitalisation is now over 90 p...TheSourceInvestments8 November 2017
ZSE grows 25pct in October as appetite for stocks sharpensThe Zimbabwe Stock Exchange industrial index advanced 24,73 percent in October to close at 521,85 points, as the hunt for stocks on the local bourse shows no signs of letting up. The mining index also...TheSourceInvestments2 November 2017
ZSE hits new high as demand for stocks spikesThe Zimbabwe Stock Exchange touched a fresh high in the trading week to Friday, growing by 7,28 percent to 448,83 points, driven by appetite for stocks in several heavyweight counters. The resources i...TheSourceInvestments9 October 2017
Afreximbank to bailout ZimbabweAFRICA’S trade finance bank, the African Export and Import Bank (Afreximbank), has made commitment to bailout Zimbabwe with about $1 billion to stabilise the economy. The Afreximbank on Saturday eveni...HeraldInvestments26 September 2017
Bond note devaluation and the return of Old Mutual's Implied RateOld Mutual is trading three times higher on the Zimbabwe Stock Exchange compared to its primary listing on London Stock exchange (LSE), indicating that local assets are overvalued as punters seek to m...TheSourceInvestments25 September 2017
NRZ deal flopsThe US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal between the government and Transnet hangs in the balance after cabinet has expressed reservations over the credibility and....OnlineInvestments23 September 2017
ZSE main index hits 400 point mark as market overheatsThe ZSE mainstream index rose 39,56 percent to close at 400,03 points with a lift from Delta, adding to the week’s record-setting performance.The market capitalisation increased by 39 percent to close...TheSourceInvestments18 September 2017
Calls for Manicaland airport intensifyIndustry, commerce and political players in the eastern region have piled pressure on government to construct a standard airport in the province to resuscitate the region’s tourism. Mutare is the coun...FingazInvestments15 September 2017
Zimbabwe's stock market bull run: déjà vu and the scary throwbackIf you had a million dollars to spare back in January, and you invested it in General Beltings stock, today your fortune would have grown to $6.8 million. You would be hard pressed to find other marke...TheSourceInvestments14 September 2017
10 counters driving the stock market bull-runTHE Zimbabwe Stock Exchange market capitalisation breached $8,1 billion on Friday as mainly local investors take refuge in assets to escape the chaos in the currency and money markets. The bull run, w...FingazInvestments12 September 2017