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Econet moves to ease cash shortages

HARARE – Zimbabwe’s largest mobile telecommunication group Econet Wireless (Econet) says it has introduced an airtime credit service via its mobile money…

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European Bank warms up to Zim

HARARE – The European Investment Bank (EIB) has finally resolved to extend technical and financial support to Zimbabwe’s financial services sector, a…

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Tobacco farmers earn $73mln

HARARE – Farmers have so far pocketed $73 million from the sale of over 27,6 million kilogrammes (kg) of tobacco compared to…

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Nicoz seeks new investor

HARARE – Zimbabwe’s largest short-term insurance firm, NicozDiamond (Nicoz), is seeking a new investor following the collapse of recent capital-raising initiatives. Nicoz…

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Economic decline smokes out BAT

HARARE – Zimbabwe’s largest cigarette manufacturer British American Tobacco (BAT) says its annual production for the year to 2015 fell from approximately 1,5…

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Zimplats production up 71pc

HARARE – South Africa-based Impala Platinum (Implats) says platinum production at its Zimbabwean subsidiary rose by 71 percent in the quarter to…

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Atlas Mara in record profit

HARARE – BancABC Zimbabwe parent company Atlas Mara has recorded an impressive $11,3 million profits in the full year to December 2015…

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Steward partners Total Zim

HARARE – Steward Bank (Steward) — a subsidiary of Econet Wireless Zimbabwe — has partnered with fuel retailer, Total Zimbabwe (Total), in…

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