MINING & RETAIL

Zimasco scales up production

Chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco) has scaled up production in the first half of the year making the company largely in line with its annual target production.Zimas...

By Equity-Axis | Published: 19 July 2018

INDUSTRIALS & ENERGY

Starafrica targets export market

SUGAR processor Starafricacorporation (Starafrica) has upgraded its machinery in a development that has positioned the company to target the regional export market, which it once dominated at the peak...

By Equity-Axis | Published: 19 July 2018

MINING & RETAIL

Unki production up 8,0%

ANGLO American Platinum on Thursday said it's Zimbabwean unit, Unki Mine, increased its platinum group metals production by 8,0 percent to 46 800 ounces in the second quarter due mainly to increased c...

By Ngoni Shenjere | Published: 19 July 2018

FINANCIAL SERVICES

CBZ sweats over US probe

CBZ Holdings Limited is holding its breath while American investigators comb through records of its international transactions to determine the extent of any breaches by the bank of Washington's sanct...

By Staff reporter | Published: 19 July 2018

INDUSTRIALS & ENERGY

Rotten pies land Bakers Inn in court

Masvingo City Council has taken Bakers Inn to court for selling meat pies with micro-organism unfit for human consumption.Emmanuel Katsvamutima, a sales marketing manager at the fast food outlet, appe...

By Staff reporter | Published: 19 July 2018

INDUSTRIALS & ENERGY

Zambia bans popular Zimbabwe juice Mazoe

Health authorities in Zambia are investigating the safety of a popular Zimbabwean juice, Mazoe.There are fears that counterfeit Mazoe products have hit the market and are not fit for consumption.The g...

By Staff reporter | Published: 19 July 2018

TELECOMS & TECHNOLOGY

MTN executive quits

MTN today announced the resignation of Stephen van Coller, Vice President of Digital Services, Data Analytics and Business Development with effect from 31 August 2018. Stephen has resigned to take up ...

By Ngoni Shenjere | Published: 19 July 2018

LANDS & AGRICULTURE

Zim farmers urged to grow sesame seeds

Local farmers have been urged to grow sesame seeds for export with indications that global imports of the oldest oilseed crop raked in $2,2 billion in 2017.Sesame seed is one of the oldest oilseed cro...

By Staff reporter | Published: 19 July 2018

TRANSPORT & TOURISM

Victoria Falls airport attracts more airlines

VICTORIA Falls International Airport is overwhelmed by visitors, a development that has seen some airlines either increasing frequency or introducing bigger planes to meet demand.The new look facility...

By Staff reporter | Published: 19 July 2018

FINANCIAL SERVICES

EcoSure Moovah comes to town

Telecoms giant Econet has launched an innovative short-term motor vehicle insurance service, EcoSure Moovah. The service will offer vehicle insurance cover, ZINARA and ZBC licence discs - as well as f...

By Staff reporter | Published: 19 July 2018

BUSINESS NEWS

Black market rates hit 100% ceiling, why and how?

PARALLEL market rates have finally hit 100% when using EcoCash or bank transfers to buy the greenback, the first time they have reached such a rate since dollarisation and the main question now is how...

By Staff reporter | Published: 18 July 2018

INDUSTRIALS & ENERGY

Seed Co unbundling 71% in Seed Co International

SEED Co Limited board has proposed to its shareholders to partially unbundle 71% of its Seed Co International Limited shares by way of a pro rata dividend-in-specie distribution as part of a strategy ...

By Staff reporter | Published: 18 July 2018

TRANSPORT & TOURISM

Air Zimbabwe offers reward package

AIR Zimbabwe has launched a promotion where customers get a free flight after every four flights to boost trade and domestic tourism.The promotion, dubbed "#Fly4Free," was launched last Friday and wil...

By Staff reporter | Published: 18 July 2018

INDUSTRIALS & ENERGY

Stop exporting raw hides, Comesa told

ZIMBABWE and her peers within the Comesa region should stop exporting raw hides and scale up value-addition initiatives in order to benefit from the $130 billion global leather industry, the programme...

By Staff reporter | Published: 18 July 2018

LANDS & AGRICULTURE

SeedCo to raise $19,2m for regional expansion

Regional seed manufacturer Seed Co Limited seeks to raise $19 million through a partial unbundling, which will also result in separate listings of its regional operations. The seed producer wants to u...

By Staff reporter | Published: 18 July 2018

MINING & RETAIL

Govt to open Sengwa Coal Mine

Government will soon open Gokwe's Sengwa Coal mine as the country seeks to expand energy and electricity generation sources that is critical to the resuscitation of industries in the country, Vice Pre...

By Staff reporter | Published: 18 July 2018

MINING & RETAIL

Chrome production tumbles

Zimbabwe's chrome production has come under heavy scrutiny with several constraints being cited as reasons for low productivity levels.It emerged during a consultative meeting on chrome in Harare toda...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

Zimbabwe's gold output hits 10-year high

Gold output in Zimbabwe has generated close to a billion dollars in foreign currency receipts in the first six months of this year, the highest level in 10 years, thanks to higher production from smal...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

MMCZ to set up chrome price control team

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will soon establish a price-regulating team to control chrome prices for the international and domestic markets.Speaking at a chrome small...

By Staff reporter | Published: 17 July 2018

BUSINESS NEWS

Cigar wrapper farming lucrative business

Tobacco farmers in Burma valley have now shifted to cigar wrapper farming so they could receive direct payments into their accounts for their crop.Tobacco Industry Marketing Board spokesperson Isheune...

By Staff reporter | Published: 17 July 2018

INDUSTRIALS & ENERGY

Merlin finalising $5m funding facility with govt

TEXTILE company, Merlin, expects to finalise arrangements on the $5 million funding facility from government in the next "few" weeks, an official has said.In his progress update report presented at th...

By Staff reporter | Published: 17 July 2018

TELECOMS & TECHNOLOGY

Broaden access to ICTs, Potraz challenged

President Mnangagwa has challenged the Postal and Telecommunications Regulatory Authority (Potraz) to be more transparent in the deployment of the universal services fund (USF) to ensure broader acces...

By Staff reporter | Published: 17 July 2018

TRANSPORT & TOURISM

Meikles to expand Victoria Falls Hotel

Hospitality group, Meikles Limited, intends to expand its Victoria Falls Hotel in the resort town as it positions itself to capitalise on the anticipated boon in the tourism sector driven by the expec...

By Staff reporter | Published: 17 July 2018

MINING & RETAIL

12 mining firms granted prospecting orders

The Mines and Minerals ministry has granted eight mining companies with exclusive prospecting orders for a period of three years while four companies have been granted special grants for the same peri...

By Staff reporter | Published: 16 July 2018

INDUSTRIALS & ENERGY

NatPharm looks for hospital equipment

State-run National Pharmaceutical Company of Zimbabwe (NatPharm) is seeking bidders for the supply, installation and commissioning of Intensive Care Unit (ICU) equipment. In a Government Gazette publi...

By Staff reporter | Published: 16 July 2018
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