Zimbabwe Stock Exchange listed company Amalgamated Regional Trading Group profit before tax increased by 76% to $4 million as compared to $2,3 million recorded during the same period last year. According to the group chairman, Thomas Ushe, financial revenue increased by 13% as a result of
Every year, thousands of migrants risk their lives on a treacherous journey from their countries to Zimbabwe in search of educational opportunities at various tertiary institutions around the country. Despite Zimbabweans being known for their warm reception to foreigners, the story is different for female students
A local financial institution, UNTU Capital on Wednesday unveiled its first mobile based retail note named U-Gain which enables the unbanked population to buy shares on the stock exchange using mobile money platforms such as Ecocash and Telecash. Speaking to 263Chat, Untu Capital Chief Executive Officer,
Civic groups under the banner of the National People’s Convention have called on government to scrap unnecessary tax breaks and incentives to corporates especially those in the extractives sector as well as recommit to pro-poor policies and an inclusive social policy framework. In a statement released
The International Organization for Migration (IOM) has urged all countries in the region and beyond to sign and ratify the International convention on the protection of the rights of all migrant workers and members of their families saying only one-fourth of United Nations member states
The Chamber of Mines of Zimbabwe has revealed that profitability in the gold industry improved in 2017 to around US$254 per ounce as compared to US$235 recorded in 2016. According to the 2017 State of the Mining Industry survey report, about 70% of gold producers recorded
Zimbabwe Stock Exchange listed company Power Speed Electrical Limited recorded a turnover of $53.9 million for the year ended 30 September, a 30% increase from the same period last year due to increased sales of lower margin locally manufactured building materials. According to the group, chairman Simba
Zimbabwe's largest tyre and tube retailer, National Tyre Services Limited posted a 548% profit before tax after reporting US$329,166 for half year period ending 30 September 2017 compared to US$73,503 recorded in the same period last year due to high demand for low cost tyres
Zimbabwean students studying on government scholarship in Algeria are currently being chased away from the Zimbabwe Embassy in Algiers where they were demonstrating against the non payment of their stipends for over 15 months. The Algerian police is using force on the students, some of whom
Zimbabwe Tourism Authority Chief Executive Officer, Karikoga Kaseke has blasted the former Minister for Tourism and Hospitality Industry, Walter Mzembi calling him a loner who did not want to work with others. Speaking at the Hospitality Association of Zimbabwe 2017 congress, Karikoga Kaseke described Mzembi as
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