We refer to the Media Release issued by ICASA on 30 August 2017 regarding the transaction for the recapitalisation of Cell C.Cell C is in the process of submitting extensive information to ICASA and i...
The Independent Communications Authority of South Africa (ICASA) hereby confirms that it has received a notification from Cell C (Pty) Ltd (Cell C) regarding the change of licensee information i.e. ch...
CLOTHING retailer, Edgars Zimbabwe (Edgars), says it now owes international suppliers close to $2 million due to the country's foreign payment delays.The group's chain director, Vusa Mpofu, said Edgar...
A NEW coal mine is set to open in Beitbridge district in the next few weeks creating 250 jobs.The company's director Mr Tinashe Kamuriwo said 70 percent of the employees would be locals from the distr...
INDUSTRY and Commerce Deputy Minister Chiratidzo Mabuwa has challenged manufacturing companies to ensure their products adhere to quality standards set by regulatory bodies.Speaking during the Bulaway...
ZIMBABWE plans to unveil at least 12 new pest and disease resistant tobacco varieties by end of next year as part of efforts to improve productivity, the Tobacco Research Board has said.Ongoing resear...
THE Government has given assurance that the $1 billion Zisco/R and F Company resuscitation deal will not collapse as due diligence procedures were done before the winning bidder was selected.Industry ...
Tobacco farmers have sown a seed bed area enough to cover over 34 400 hectares for the 2017 /18 cropping season, as communal and A1 farmers continue to join the sector due to lucrative prices and an o...
THE Reserve Bank of Zimbabwe is considering increasing funding support to small-scale producers beyond the $40 million initially allocated under the Gold Development Initiative for the miners owing to...
SEVERAL tobacco companies have expressed interest in setting up buying facilities outside Harare as authorities seek to decongest the existing auction floors.Tobacco Industry and Marketing Board chief...
THE Zimbabwe Power Company (ZPC) has sought permission from the State Procurement Board to cancel the $113 million contract for re-powering of Munyati Power Station awarded in 2015 to an Indian compan...
SUNBIRD Zimbabwe, owned by Sunbird Bioenergy Africa, is set to invest a total $200 million over three years in a sustainable bio-ethanol cassava plant that will also produce power, executive chairman ...
In a drive to fight crime and vandalism, TelOne has initiated an anti-vandalism campaign to bring to an end theft of copper cables and telecommunications equipment.Since the beginning of the year, Tel...
Zimbabwe's biggest coal miner, Hwange Colliery Company, has slashed prices in a bid to combat massive deforestation around the country. Prices have been slashed by eight percent from $65 to $59 per to...
The government has received a US$ 2.9 million dividend from one of its entities, the National Oil Infrastructure Company of Zimbabwe (NOIC).The Permanent Secretary in the Ministry of Energy and Power ...
BancABC Zim posted a significant rise in profit after tax to $3, 2 million for the first half of this year from $200 000 in the prior comparable period.The profit bump was on the back of cost-containm...
Sibanye, which has changed its name to Sibanye Stillwater, swung deep into the red in the half-year to end-June, a result that had been widely flagged ahead of its results presentation on Wednesday.It...
INDUSTRY and Commerce Deputy Minister Chiratidzo Mabuwa has ordered local metal producers to desist from exporting scrap metal at the expense of domestic foundries.Speaking during a scrap metal indaba...
ZIMBABWE's gold output for the first seven months of the year has reached 12 tonnes up from 10 tonnes produced during the same period last year.The improved gold output is due to the incentives the Re...
Oil producers have agreed to buy soya bean produced locally at $500 per tonne as part of efforts to promote local production, Oil Expressers Association of Zimbabwe president Busisa Moyo said yesterda...
THE inaugural Tourism and Security Conference, which was scheduled to be held tomorrow has been postponed to a date to be announced, The Office of the President and Cabinet advised yesterday.The confe...
Some errant banks could be diverting to other uses, foreign currency allocated to companies by the Reserve Bank of Zimbabwe (RBZ) towards procurement of critical imports, Confederation of Zimbabwe Ind...
FORMER National Railways of Zimbabwe (NRZ) employees are yet to be fully paid their dues, two years after their retrenchment.The 450-plus workers were laid off following the late Chief Justice Godfrey...
The plan to revive operations at the largest integrated steel plant, Ziscosteel, has been touted as an investment milestone which is strategic in the economic turnaround of the country.The visit by th...
Mines and Mining Development Minister Walter Chidhakwa on Thursday appealed to the Reserve Bank of Zimbabwe to prioritise crucial external payments for the mining sector.Zimbabwe, which is using the U...