BUSINESS NEWS

Call to improve Harare's bad liveability ranking

The city of Harare should work to improve its bad ranking in the liveable index to attain world class city status, Harare Residence Trust director Precious Shumba has said.Harare City Council has been...

By Staff reporter | Published: 02 June 2022

INDUSTRIALS & ENERGY

Padenga in bid to improve crocodile skins quality

STOCK exchange-listed, Padenga Holdings Limited says it has invested in a research laboratory with aims to improve the crocodile skins quality as the company seeks to maintain and grow its hold on the...

By Staff reporter | Published: 07 October 2019

INDUSTRIALS & ENERGY

Power supply to improve long-term

Government is working on various policies to ensure sustainable electricity supply in the long-term after securing a deal from Mozambique's Hydroelectrica de Cahora Bassa (HCB) of Mozambique for the s...

By Staff reporter | Published: 01 October 2019

BUSINESS NEWS

Zimbabwe teachers renew fight for improved salaries

RURAL teachers have threatened fresh protests to push the government to improve their salaries.Amalgamated Rural Teachers' Union of Zimbabwe (Artuz) president Obert Masaraure said salaries for civil s...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Bread supplies to improve

Bread supplies are set to improve in the coming days following the arrival of 19 000 tonnes of wheat which was bonded in Beira. The wheat was released after the Reserve Bank of Zimbabwe paid US$7 mill...

By Staff reporter | Published: 09 July 2019

FINANCIAL SERVICES

Stanchart posts 38% improvement in profit-after tax

STANDARD Chartered Bank Zimbabwe (Stanchart) has posted a 38% increase in profit-after-tax to US$18,36 million in the full year ended December 31, 2018, driven by the bank's digitisation strategy.The ...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Fuel supplies improve for ZITF

Fuel situation has improved in Bulawayo ahead of the Zimbabwe International Trade Fair (ZITF), which started yesterday.A survey by the Southern Eye shows that fuel supplies have started to normalise w...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

'ZIDA Bill to improve ease of doing business'

THE Zimbabwe Investment and Development Agency (ZIDA) Bill gazetted early this month will among other things, seek to curb environmental degradation by big investment projects.The Bill is aimed at imp...

By Staff reporter | Published: 24 April 2019

BUSINESS NEWS

Zimbabwe seeks funds to improve power infrastructure

Zimbabwe requires $1,2 billion to finance new power projects and repair ageing infrastructure, a report by the African Development Bank (AfDB) has shown.Several of the country's thermal power stations...

By Staff reporter | Published: 02 December 2018

BUSINESS NEWS

Power generation to improve

WORK on the much anticipated $5,2 billion Batoka Gorge Hydro Electricity project will soon commence after President Mnangagwa met officials from the main contractors, General Electric and Power China ...

By Staff reporter | Published: 25 November 2018

BUSINESS NEWS

GMB deliveries improve to 1,14mt

THE Grain Marketing Board (GMB) has received a total of 1,14 metric tonnes (mt) of maize as at November 1, 2018, a report has noted.According to a report prepared by the Justice Mayor Wadyajena-led Po...

By Staff reporter | Published: 21 November 2018

MINING & RETAIL

Govt to improve diamond sector governance

MINES minister Winston Chitando says the national diamond policy, which is expected to improve the governance of the sector, is now "imminent".The policy will be launched by President Emmerson Mnangag...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

New transport management system to improve efficiency

Zimbabwe has signed an integrated transport management system, which seeks to bring together five key elements of road policing, efficient use of national infrastructure and coordination of informatio...

By Staff reporter | Published: 11 September 2018

POLITICS

'Zimbabwe-US relations improve'

RELATIONS between Zimbabwe and the United States have significantly improved since the ushering in of the new dispensation last year, an indication that both countries are ready to open a new chapter ...

By Staff reporter | Published: 06 July 2018

BUSINESS NEWS

Zinara urged to improve disbursements

Local authorities have appealed to the parliamentary portfolio committee to coerce the Zimbabwe National Roads Administration (Zinara) to disburse the full amount for road repairs and maintenance.In a...

By Staff reporter | Published: 03 July 2018

LANDS & AGRICULTURE

Poultry meat sector improves

AN aggressive restocking of breeder birds by the poultry industry since the outbreak of Avian Influenza (AI) last year has seen an increase of pre-laying broiler breeder birds from 130 000 in Septembe...

By Staff reporter | Published: 07 June 2018

POLITICS

MPs push for improved welfare for war veterans

Legislators from across the political divide have blasted government for failing to improve the welfare of those who took part in the bush war of the 1970s which brought about independence in 1980.De...

By Staff reporter | Published: 04 June 2018

LANDS & AGRICULTURE

Tobacco cash flows fail to improve liquidity

Foreign currency raised from this year's tobacco sales has not improved Zimbabwe's liquidity position because of the significant increase in the fuel import bill caused by a hike in international oil ...

By Staff reporter | Published: 14 May 2018

BUSINESS NEWS

Zim exports to South Africa improve

Zimbabwe's exports to South Africa have improved since January reflecting a sudden recovery of strategic local firms in terms of productivity and competitiveness on commodities and services.South Afri...

By Staff reporter | Published: 11 May 2018

FINANCIAL SERVICES

Barclays' loan book improves

BARCLAYS Bank of Zimbabwe says its non-performing loans stood at 2,2% at the end of 2017, a reflection of a quality loan book, the bank's head of customer service and corporate affairs, Emily Nemapare...

By Staff reporter | Published: 08 May 2018

POLITICS

'Zimbabwe, US relations set to improve'

President Emmerson Mnangagwa says relations between Zimbabwe and the USA are set to improve following the visit by five American senators who met him at his Munhumutapa offices in Harare this afternoo...

By Staff reporter | Published: 07 April 2018

OPINION

Need to improve miners safety and health standards

ARTISANAL and small-scale gold mining (ASGM) is undoubtedly a growing sector that contributes significantly to the growth of the country's economy.Although, there are no official statistics, estimates...

By Gibson Mhaka | Published: 04 April 2018

BUSINESS NEWS

Cash situation improves, says RBZ

The cash situation has marginally improved compared to the situation that obtained in the last two years, mainly because of the surge in export receipts, the Reserve Bank of Zimbabwe (RBZ) says. Zimba...

By Staff reporter | Published: 23 March 2018

BUSINESS NEWS

'Improved credit rating signals Zim's right direction'

STABILISATION of credit rating entails that Zimbabwe's risk profile has improved and the country now has an opportunity to secure fresh lines of credit and new investments, economists said yesterday.G...

By Staff reporter | Published: 14 March 2018

BUSINESS NEWS

Zimbabwe's credit rating improves

Respected South Africa-based economic research firm NKC African Economics (NKC) yesterday upgraded Zimbabwe's sovereign credit rating or ability to borrow money for the first time in nearly 20 years, ...

By Staff reporter | Published: 08 March 2018
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