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RioZim sued over R16m debt

HARARE – A South African mining supplier has filed a lawsuit against RioZim Limited (RioZim) over a R16 million debt. The company…

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CBZ posts $45m profit

HARARE – Financial services group CBZ Holdings (CBZ) reported a 61 percent rise in after tax profit to $45 million from $30,3…

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RioZim resumes operations

HARARE – Listed mining concern RioZim Limited (RioZim) says its troubled gold miner Renco has resumed operations, following the granting of a…

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Dubai group to build 5-star hotel

HARARE – Dubai-based property firm Joz Group (Joz) plans to build a multi-million dollar five-star hotel in Zimbabwe. Muhammad Nabeel, Joz’s chief…

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Econet appoints CEO for EcoCash

HARARE – Econet Wireless (Econet) has appointed Cuthbert Tembedza as chief executive solely for EcoCash, indicating growing confidence in the mobile money…

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Tobacco rakes in $4m

HARARE – Zimbabwe raked in $4 million from the sale of 1 201 646 kilogrammes (kg) of tobacco at an average of…

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ZSE seeks technical partner

HARARE – Securities Commission of Zimbabwe (SecZim) says the Zimbabwe Stock Exchange (ZSE) is yet to identify a strategic technical partner who…

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