Download: The Annual GroWealth Magazine (2022)

Download the annual GroWealth Magazine: GROWEALTH 2022-02-Singles-2

PCAOB fines KPMG SA for using unregistered Zimbabwe affiliate

The Public Company Accounting Oversight Board has levied a US$200,000 penalty Monday against KPMG's member firm in South Africa and a combined US$75,000 in penalties against two of its partners - engagement partner Cornelis...

ZIMREAL property conference to showcase emerging sector opportunities

HARARE - Zimbabwe’s premier property investment forum, ZIMREAL, is taking place in Harare on September 7, 2022 at the Venue, Avondale, Harare. The annual conference will bring together over 150 local and international stakeholders,...
The African Development Bank headquarters in Abidjan, Cote d'Ivoire

AfDB senior officials highlight renewable opps in Zimbabwe

Staff Writer Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe, where they discussed the development of the private sector and how Zimbabwe could best utilize its renewable energy resources. The...
IMG 20220824 WA0059

NMB, POSB on the hunt for forex credit lines as USD lending rises

Talkmore Gandiwa/Edwell Chigangaidze HARARE – NMB Bank says it is in negotiations for US$20 million credit lines from two potential financiers, which assist it to service the increased demand from manufacturing and exporting clients. Chief executive...

NTS volumes decline 20% in QJune

Edwell Chigangaidze  HARARE – National Tyre Service (NTS) saw a 20% decrease in volume for the three months to June largely impacted by rising prices of goods and services, agricultural inputs, and basic commodities. In the...

Galileo identifies multiple gold targets at Bulawayo Gold project

Itai Ndongwe  Galileo Resources has identified multiple gold targets in its latest aeromagnetic and radiometric survey conducted at the Bulawayo Gold Project, Zimbabwe. The survey successfully mapped magnetic greenstone lithologies, the most likely host for gold...

Zeco shareholders approve transition to property company

Talkmore Gandiwa HARARE- ZECO Holdings Limited shareholders approved the transition of the company to a property development entity at an extraordinary general meeting this morning. The company listed as an engineering company in 2007 whose  primary...
Cafca

Cafca’s Q3 profits up 251% on sustained volume deman

Itai Ndongwe HARARE - CAFCA recorded a slight increase in volumes in the third quarter to June buoyed by sustained local and export demand. Tonnes sold for the quarter increased to 676t from 625t in the...

Premier African Minerals receives US$18m as pre-payment for Zulu lithium project

Itai Ndongwe  Premier African Minerals has completed the definitive transaction documents for the marketing and prepayment agreement with Suzhou TA&A and has received approximately US$18.1 million of the required prepayment to date. The funds will be...