MINING & RETAIL

Shabani Mashaba Mines set to reopen

PLANS to re-open the Shabani Mashaba Mines (SMM), which were shut down in 2004, were at an advanced stage after the government engaged an Indian company that is ready to buy 50 000 tonnes of the mine'...

By Staff reporter | Published: 27 September 2017

TELECOMS & TECHNOLOGY

Mobile calls fall to 4 cents per minute

Government parastatal TelOne which is on a massive rebranding exercise, is set to launch its new pre-paid voice bundles and Wi-Fi home and away service amidst revelations that mobile calls are to be r...

By Staff reporter | Published: 27 September 2017

INDUSTRIALS & ENERGY

Forex shortage affects cooking oil production

COOKING oil producers say they can no longer access raw materials on credit from their foreign suppliers, following a reduction of foreign currency allocations to less than $1,5 million per week.In a ...

By Staff reporter | Published: 27 September 2017

TELECOMS & TECHNOLOGY

TelOne set to recover $200m from debtors

TelOne will soon embark on an alternative programme to recover $200 million owed to it by public entities.The company's managing director Chipo Mtasa said the telecoms company would take a cue from po...

By Staff reporter | Published: 27 September 2017

MINING & RETAIL

Hardware shop 'robs' client in bad lay-bye deal

A 63-YEAR-OLD man was allegedly robbed of $347 by workers at a store in Bulawayo.Mr Japhet Ndlovu of Makokoba purchased 26 sheets of zinc, six air-vents and roofing timber on lay-bye last December fro...

By Staff reporter | Published: 27 September 2017

INDUSTRIALS & ENERGY

Govt lifts soyabean import ban

The Government has suspended a moratorium banning the importation of soyabean into the country in an effort to ensure reliable supply of edible oil in the country, oil producers have confirmed.The Gov...

By Staff reporter | Published: 27 September 2017

MINING & RETAIL

Retailer denies cash-hoarding charges

A BULAWAYO retail shop, Bulk Commodities trading as Cash and Carry, has denied charges of violating the Reserve Bank of Zimbabwe's (RBZ) disclosure order by not banking its daily cash takings.The regu...

By Staff reporter | Published: 27 September 2017

TRANSPORT & TOURISM

Chinamasa to officially open tourism expo

FINANCE and Economic Development Minister Patrick Chinamasa will officially open this year's Sanganai/Hlanganani World Tourism Fair, which begins in Bulawayo tomorrow.The expo, which is in its 10th ye...

By Staff reporter | Published: 27 September 2017

MINING & RETAIL

Fidelity reduces US$ payouts to miners

FIDELITY Printers and Refiners has reduced cash payouts to small-scale gold miners by 40 percent, a move some industry players fear may hurt production and give rise to smuggling of the precious miner...

By Staff reporter | Published: 27 September 2017

LANDS & AGRICULTURE

Chinese envoy challenges Zim farmers to double production

Chinese Ambassador to Zimbabwe Mr Huang Ping has challenged the country's agricultural sector to double its production as there is a ready market in the giant Asian country.Ambassador Huang was addres...

By Staff reporter | Published: 27 September 2017

TRANSPORT & TOURISM

Zim's premier tourism business expo opens today

ZIMBABWE'S premier tourism business expo, Sanganai/Hlanganani kicks off today in Bulawayo coinciding with the World Tourism Day, with organisers optimistic that the event will be able to attract more ...

By Staff reporter | Published: 27 September 2017

CONSTRUCTION & PROPERTY

ZHL profits up 1 137% on restructuring

Zimre Holdings Limited (ZHL), saw its profits growing by 1 137% to $2,7 million in the half-year ended June 30 from the comparable period last year, as the financial services group reaps from its rest...

By Staff reporter | Published: 26 September 2017

TRANSPORT & TOURISM

SAA cancels regional routes, Zimbabwe remains

South African Airways has confirmed it will cancel flights on six of its regional destinations due to "operational reasons".Tourism Update states the airline sent out a notification to trade last week...

By Staff reporter | Published: 26 September 2017

TELECOMS & TECHNOLOGY

Kwese forces DStv to slash monthly subscriptions

MultiChoice Zimbabwe yesterday announced a major decrease of DStv subscription prices and launched a new, affordable, entry level package unique to the local market to be known as DStv Lite.The price ...

By Staff reporter | Published: 26 September 2017

INDUSTRIALS & ENERGY

Meprin eyes DRC, Namibia markets

MEPRIN Founders and Engineers targets increasing export supplies with focus on taping the Democratic Republic of Congo (DRC) and Namibian markets.The company began operations in 2000 as a small scale ...

By Staff reporter | Published: 26 September 2017

FINANCIAL SERVICES

ZIPIT undergoes system upgrade

INTERBANK transaction processor, ZimSwitch, has allayed fears the Zimswitch Instant Payment Interchange Technology (ZIPIT) had been suspended or scrapped after the application went offline for the bet...

By Staff reporter | Published: 26 September 2017

TRANSPORT & TOURISM

Hotels fully booked ahead of Hlanganani expo

MAJOR hotels in Bulawayo are fully booked ahead of this year's Sanganai/Hlanganani Tourism Fair, which starts at the Zimbabwe International Exhibition Centre tomorrow.The Zimbabwe Tourism Authority sa...

By Staff reporter | Published: 26 September 2017

TRANSPORT & TOURISM

ZTA boss mourns Beitbridge hotels closure

ZIMBABWE Tourism Authority (ZTA) chief executive, Karikoga Kaseke has decried the closure of the Rainbow and Express hotels in Beitbridge, saying the development had left the border town with 219 inst...

By Staff reporter | Published: 26 September 2017

TELECOMS & TECHNOLOGY

Bulawayo, Harare phone codes changed

Stare-run monopolistic fixed line operator, TelOne, yesterday announced new phone codes for cities across the country as part of a national broadband project aimed at ensuring customers get more from ...

By Staff reporter | Published: 25 September 2017

INDUSTRIALS & ENERGY

Poultry producer in human bodies exhumation

Poultry producer, Crest Breeders International (Crest), has applied for the exhumation of human remains at its Harare South's Saturday Estates Retreat to pave way for the company's expansion.The compa...

By Staff reporter | Published: 25 September 2017

MINING & RETAIL

Zim currency woes to hit Edgars product range

According to Edcon’s Zimbabwe-based clothing retailer Edgars Stores Limited, prevailing foreign currency shortages in the country will impact its product range.In a statement accompanying its result...

By Staff reporter | Published: 25 September 2017

TELECOMS & TECHNOLOGY

Greedy Zimbabwe ministers sabotage NRZ

THE Diaspora Infrastructure Development Group/Transnet consortium (DIDG/Transnet), which won a US$400 million recapitalisation tender to revive the state-owned National Railways of Zimbabwe (NRZ), has...

By Staff reporter | Published: 22 September 2017

MINING & RETAIL

CIO company looted Zimbabwe diamonds

DESPITE reports that Kusena, a Central Intelligence Organisation (CIO)-owned company, which had mining rights in Chiadzwa, never took off, fresh evidence shows it operated under cover with a new name...

By Staff reporter | Published: 22 September 2017

MINING & RETAIL

CIO company looted Marange diamonds

DESPITE reports that Kusena, a Central Intelligence Organisation (CIO)-owned company, which had mining rights in Chiadzwa, never took off, fresh evidence shows it operated under cover with a new name ...

By Staff reporter | Published: 22 September 2017

LANDS & AGRICULTURE

Zim's Met Department to conduct cloud seeding

The Meteorological Services Department says it will conduct cloud seeding early this year so that farmers in region two and three will not be affected by late rains during the first half of the season...

By Staff reporter | Published: 22 September 2017

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