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Mimosa output flat in Q3
BULAWAYO, April 26 (The Source) – The world’s second largest platinum miner, Impala Platinum says production at its 50 percent owned Mimosa Mine in Zvishavane remained unchanged at 30,000 ounces of...
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Life assurance net premium income up 4pct
HARARE, April 26 (The Source) – The life assurance industry’s net premium income increased by four percent in 2016 to $347 million from $334 million recorded in the previous year, the latest report...
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Zimplats Q3 profit doubles to $42mln
HARARE, April 26 (The Source) – Zimplats on Wednesday said net profit more than doubled to $42,2 million in the three months to March 31, from $20,6 million in previous quarter. Revenue dropped six...
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Only 2pct of Zimbabwe banks liquid assets are cash: RBZ
BULAWAYO, April 26 (The Source) – Zimbabwean banks are holding only two percent of their liquid assets as cash, with more than 36 percent in the form of real-time gross settlement systems (RTGS), a...
View ArticleLAPF in dire straits
THE Local Authorities Pension Fund (LAPF) has said it is failing to pay pensions in time due to failure by employers to remit contributions to the Fund in time. The report by LAPF came at a time when...
View ArticleVP Mnangagwa tours ZITF stands
Vice President Emmerson Mnangagwa says the government is committed to facilitate the implementation of value addition systems to unlock production in the economy. He said this during a tour of various...
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Padenga shareholders to vote on proposed share option schemes for management...
HARARE, April 27 (The Source) – Padenga Holdings is seeking shareholder approval to set up a share option scheme for its workers and grant options to its management, which will give the two groups an...
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Zimbabwe to compel mining companies to spend 75pct revenue locally in new...
BULAWAYO, April 27 (The Source) – Government is in the process of amending the indigenisation policy, which will see all mining companies compelled to spend 75 percent of their gross revenue locally,...
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Zimbabwe clears major debt clearance hurdle, to pay World Bank, AfDB – FinMin
HARARE, April 27 (The Source) – Zimbabwe’s Finance Minister Patrick Chinamasa says the World Bank and African Development Bank (AfDB) have approved the country’s debt refinancing plan, clearing a...
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Aberfoyle Lodge Eastern Highlands #Zimbabwe
Aberfoyle Lodge Eastern Highlands #Zimbabwe Stretching for 300km down the eastern side of Zimbabwe, bordering Mozambique, are the Eastern Highlands – the combined name for three ranges of hills and...
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Leopard Rock Hotel Eastern Highlands Zimbabwe
Leopard Rock Hotel Eastern Highlands Zimbabwe The Leopard Rock Hotel and Estate is situated 30 kilometers south-east of the city of Mutare, the capital city of Zimbabwe’s Manicaland Province, and can...
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Troutbeck Resort, Nyanga #Zimbabwe
At the foot of pine-forested hills and overlooking a trout-filled lake is Troutbeck Resort. Located just beyond World’s View, this hotel is perfectly positioned to explore the scenic beauty of Nyanga,...
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Rhodes Nyanga Hotel, Eastern Highlands #Zimbabwe
Rhodes Nyanga Hotel Built as a holiday cottage in the 1800’s by Cecil John Rhodes and converted into a hotel in 1933, the Rhodes Nyanga Hotel is a 24 roomed resort that offers a truly African...
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Thetford Game Reserve, Harare #Zimbabwe
Thetford Game Reserve is only forty minutes away from Harare out on the Mazowe Road and is the perfect place to visit with family and friends. Thetford offers game drives either half day or full...
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Singita Pamushana: The most exclusive Resort in #Zimbabwe
Singita Pamushana Beneath trees on a rocky promontory, Singita Pamushana Lodge’s six intimate villas offer panoramic views of the lake below. Your stay at Singita Pamushana also offers you the...
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ZB probes Chitehwe $50 000 ‘insurance scam’
Pamela Shumba, Senior Reporter ZB Bank Financial Holdings has said it is investigating a case in which ZB Life Assurance Limited regional sales manager Mr Francis Chitehwe allegedly defrauded a former...
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Old equipment blights industry capacity
Oliver Kazunga, Senior Business Reporter THE country needs to embark on a retooling programme if industries are to resume or increase production, Confederation of Zimbabwe Industries (CZI) president,...
View ArticleWhy Meikles Ltd Is Targeted for Takeover
By Chris Muronzi That sooner or later Meikles Africa Ltd, a symbol of quality earnings and resilience on the exchange, would become a takeover target was inevitably going to come and merely a matter of...
View ArticleTimber Wage Dispute Taken to Supreme Court
By Kudzai Kuwaza EMPLOYERS in the timber sector have applied to the Supreme Court to have a Labour Court ruling compelling them to continue paying a minimum wage of US$150, a figure they feel must be...
View ArticleExploring Zim’s Economy 37 Years On
By Daniel Ngwira April 18 2017 marked 37 years of the country’s Independence from colonial rule. The definition of Independence in 1980 included freedom from the white minority regime, freedom of...
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