LANDS & AGRICULTURE

Dendairy to expand plant operations

Local milk processor, Dendairy, will expand its plant operations by setting up two new factories as the company seeks to expand its footprint on the export market.The expansion of the plant operations...

By Staff reporter | Published: 19 January 2018

MINING & RETAIL

Fidelity extends loan to miners

Fidelity Printers and Refiners (FPR) has so far extended loans to over 300 small-scale artisanal miners across the country, under the Gold Development Fund as uptake of the facility is increasing on r...

By Staff reporter | Published: 19 January 2018

FINANCIAL SERVICES

Zimbabwe banks reject EU financial bailout

Zimbabwean banks have since last year been rejecting access to credit facilities from European banks for on-lending to productive sectors, citing the possibility of failure to repay the loans because ...

By Staff reporter | Published: 19 January 2018

FINANCIAL SERVICES

ZB to float $50m bond for urban tollgates

ZB Financial Holdings is in discussion with Harare City Council (HCC) to fund urban tollgates in the next few months to raise money for road rehabilitation and maintenance in and around the city. ZB i...

By Staff reporter | Published: 19 January 2018

INDUSTRIALS & ENERGY

Steel gets first SEZ nod

Zimbabwe has approved its first application for a special economic zone (Sez) which will pave the way for the resuscitation of an industry value chain. The Special Economic Zones Authority, which is ...

By Staff reporter | Published: 19 January 2018

INDUSTRIALS & ENERGY

Natfoods ploughs $36m into capex

Zimbabwe Stock Exchange-listed grain and cereals milling giant, National Foods Limited, says it has invested a cumulative $36 million towards process improvements to enhance operational efficiencies s...

By Staff reporter | Published: 19 January 2018

INDUSTRIALS & ENERGY

Ethanol saves Zimbabwe $26,5 million

Ethanol fuel blending saved the country an estimated $26,5 million in 2017, representing 2,65 percent of the import bill, the Zimbabwe Energy Regulatory Authority (ZERA) has revealed.Zimbabwe introduc...

By Staff reporter | Published: 18 January 2018

FINANCIAL SERVICES

Women Bank set for opening

WOMEN and Youth Affairs Minister Sithembiso Nyoni says the much-awaited Women's Bank is set to be opened before the end of next month.Mooted some years ago, the bank which is expected to provide finan...

By Staff reporter | Published: 18 January 2018

MINING & RETAIL

Zimbabwe priorities lithium project

President Emmerson Mnangagwa's government is prioritizing the mining of lithium as it moves to revive the country's economy. Australia-based mining firm Prospect Resources said its Arcadia Lithium Dep...

By Staff reporter | Published: 18 January 2018

TELECOMS & TECHNOLOGY

Kwese TV looking for graduates trainees

Kwesé TV, an African entertainment company which is also a brand of Econet Media Limited (aka the media arm of Econet) is looking for graduates in the entertainment industry for an internship program...

By TechZim | Published: 18 January 2018

TRANSPORT & TOURISM

Zimbabwe eases tourist travel

MINISTER of Tourism and Hospitality Industry, Prisca Mupfumira, says her ministry is planning to establish a National Tourism Facilitation Committee to deal with travel impediments such as police road...

By Staff reporter | Published: 18 January 2018

INDUSTRIALS & ENERGY

Fuel price goes up

THE price of petrol and Diesel-50 has gone up by two cents to $1,41 per litre on the back of a rise in "free on board" (FOB) prices, a move that is expected to trigger another round of price increases...

By Staff reporter | Published: 18 January 2018

TRADE & INDUSTRY

Bitcoin dips below $10,000

Bitcoin has traded below $10,000 for the first time since early December.The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news...

By BBC | Published: 17 January 2018

INDUSTRIALS & ENERGY

Fuel prices set to rocket

Petrol prices are set to rocket in the next few weeks, experts predicted, driven by oil prices that touched the highest level in three-and-a-half years at $63,81 a barrel this week, which is 143 perce...

By Staff reporter | Published: 17 January 2018

TRANSPORT & TOURISM

Protests scuttle Air Zimbabwe audit

Protests by former Air Zimbabwe (AirZim) workers have forced the International Air Transport Association (Iata) to indefinitely postpone a scheduled audit of the beleaguered national airline.The prote...

By Staff reporter | Published: 17 January 2018

TRANSPORT & TOURISM

Efforts to revive NRZ gather momentum

GOVERNMENT and a consortium led by the Diaspora Infrastructure Development Group (DIDG) and South Africa's Transnet, have signed a framework of agreement as efforts to revive the National Railways of ...

By Staff reporter | Published: 17 January 2018

FINANCIAL SERVICES

Time Bank to re-open

TIME Bank says it is determined to re-establish its services and contribute to economic development of the country following its reinstatement by the Reserve bank of Zimbabwe (RBZ).The commercial bank...

By Staff reporter | Published: 17 January 2018

MINING & RETAIL

Mugabe to be grilled over missing $15 billion

FORMER President Robert Mugabe is set to appear before Parliament to expand on the allegations he made in 2016 that $15 billion worth of diamond revenue went missing.The issue came out yesterday in Pa...

By Staff reporter | Published: 16 January 2018

INDUSTRIALS & ENERGY

Tongaat Hulett to pay staff bonuses

SUGAR producer, Tongaat Hulett Zimbabwe has resolved to pay bonuses to its workers.This is despite the fact that the company has been entangled in labour disputes which saw massive strikes that affect...

By Staff reporter | Published: 16 January 2018

MINING & RETAIL

Blanket Mine produces record 56 000 ounces

GWANDA-BASED gold mining concern, Blanket Mine last year achieved a record production of 56 135 ounces, a figure higher than the firm's production guidance of 56 000 ounces.In a statement, the gold mi...

By Staff reporter | Published: 16 January 2018

MINING & RETAIL

Zim diamond industry targets 4,6 million carats

The diamond sector is targeting to produce a combined output of 4,6 million carats in 2018 after setting aside an investment envelope of $130 million in an effort to increase production.The target com...

By Staff reporter | Published: 16 January 2018

MINING & RETAIL

Mahomed Mussa denies cash stashing allegations

Mahomed Mussa, arguably one of Zimbabwe's largest wholesalers, has denied allegations it stashes cash "under the pillow," saying it deposits its cash with local banks in line with the country's moneta...

By Staff reporter | Published: 16 January 2018

FINANCIAL SERVICES

'Bank deposits up'

The number of people making bank deposits has increased significantly in the past three weeks, President Emmerson Mnangagwa has said.The Head of State and Government said a banking culture is importan...

By Staff reporter | Published: 16 January 2018

INDUSTRIALS & ENERGY

Delta revenue jumps 24%

DELTA Corporation says revenue jumped 24 percent for the quarter to December 31, 2017 and 9 percent for the nine months due to strong demand on renewed hope of economic recovery after political change...

By Staff reporter | Published: 16 January 2018

INDUSTRIALS & ENERGY

David Whitehead to re-open after $2m govt injection

Government has injected $2 million into David Whitehead to resume operations. David Whitehead, a large textile firm that used to employ 2 500 people in Chegutu, 100km southwest of Harare, collapsed in...

By Staff reporter | Published: 16 January 2018
Pages:
1
2
3
4
5
6
7
8
9
...

Latest News

Latest Published Reports

Latest jobs