BUSINESS NEWS

PSC extends biometric exercise

THE Public Service Commission (PSC) has extended the biometric authentication project and mop-up exercise to October 31, 2019 as Government presses ahead with reforms to restore order in the civil ser...

By Staff reporter | Published: 01 October 2019

INDUSTRIALS & ENERGY

Sable Chemicals to invest in coal bed methane

Fertiliser manufacturer Sable Chemicals has started feasibility studies to mine coal bed methane gas in Lupane as it seeks to cut on its import bill, an official has said.The company, which is the sol...

By Staff reporter | Published: 24 September 2019

POLITICS

MDC demands diaspora vote, biometric voting

The MDC will not go into any future presidential election presided over by the Zimbabwe Electoral Commission, officials said on Thursday.The party is calling for the disbandment of the elections body,...

By ZimLive | Published: 12 July 2019

BUSINESS NEWS

Armed robbers rob Sino Non-Metal Resources of US$44,000

Six armed men robbed four Chinese nationals on Wednesday morning of US$44 200, ZWL$2 920 and 500 Chinese yuan at Sino Non-Ferrous Metal Resources gold milling company in Shurugwi.The robbers also got ...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

General Electric eyes Zimbabwe methane gas

ZIMBABWE plans to conduct a full exploration of its gas deposits in a bid to establish the quantum of the key resource before engaging potential investors. Top United States firm, General Electric and...

By Staff reporter | Published: 01 July 2019

BUSINESS NEWS

Met Dept calls for use of nuclear technology

Zimbabwe's Meteorological Service Department (MSD) acting director Rebecca Manzou has urged nations to use technologies meant to detect nuclear activities for alternative purposes, particularly season...

By Staff reporter | Published: 27 June 2019

BUSINESS NEWS

Zimbabwe business confidence levels plummet

CAPTAINS of industry and the generality of the population are slowly losing hope in government's ability to turn-around the country's economic fortunes.The general impression emerging is that governme...

By Staff reporter | Published: 28 April 2019

FINANCIAL SERVICES

MetBank names Marandure new chairperson

METBANK has announced the appointment of a new chairperson who takes over from Wilson Manase whose tenure has expired.In a statement, the bank said Darlick Marandure took over from Manase in June 2018...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

IDCZ disposes stakes in Almin Metal Industries, Stone Holdings

THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. Th...

By Staff reporter | Published: 04 February 2019

BUSINESS NEWS

Zera seeks prepaid meter deals

Zimbabwe Energy Regulatory Authority (Zera) says it is set to establish a pool of agents to sell prepaid electricity meters.Prepaid meters have recently been in high demand after Zesa Holdings (Zesa) ...

By Staff reporter | Published: 08 January 2019

FINANCIAL SERVICES

Metbank to focus on mortgage financing, e-banking

METBANK says it will focus its lending business on mortgage financing and commercial banking products that promote financial inclusion under a strategic plan that will determine the direction of the i...

By Staff reporter | Published: 12 September 2018

MINING & RETAIL

Zimbabwe govt engages Metallon

GOVERNMENT is engaging the country's largest gold producer Metallon Corporation with a view to finding a lasting solution to the miner's problems which has seen it placing hundreds of workers on retre...

By Staff reporter | Published: 11 September 2018

MINING & RETAIL

Debts push Metallon Corporation to the brink

PROPERTY belonging to Zimbabwe's largest gold producer, Metallon Corporation, will be auctioned by the High Court to recover an estimated US$30 million owed to various creditors and workers, as the mi...

By Staff reporter | Published: 07 September 2018

MINING & RETAIL

'Coal-bed methane exploitation to reduce AN costs'

The cost of Ammonium Nitrate (AN) fertiliser, which is largely on the upper side in the country mainly due to high costs of the major component, ammonia, is set to come down once coal - bed methane ga...

By Staff reporter | Published: 07 September 2018

FINANCIAL SERVICES

Metbank opens exporters' hubs

METBANK has opened an exporters' hub in Harare aimed at stimulating the country's economic growth through increased production.This was after the bank had earlier in the year signed agreements with th...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Millions lost through scrap metal exports

Zimbabwe could save at least $11 million per month and hundreds of jobs if it stops exporting scrap metal and beneficiate it locally, the Zimbabwe Institute of Foundrymen (ZIF) has said. The foundry i...

By Staff reporter | Published: 27 July 2018

BUSINESS NEWS

60% of Bulawayo shopping complex capital needs met

Construction of a $12 million shopping complex in Bulawayo's Cowdray Park suburb by Sai Enterprises is on course, with $6 million of the project's total capital requirements having been spent, an offi...

By Staff reporter | Published: 26 July 2018

BUSINESS NEWS

ZETDC to roll out $45m smart meter project

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is set to roll out a $45 million smart meter project that will enable medium and large power users to manage their consumption, a...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

100k still to switch to Zesa prepaid meters

THE Zimbabwe Electricity Transformation and Distribution (ZETDC) yesterday said 100 000 of its customers were still to migrate to the smart prepaid metering system aimed at optimising electricity mana...

By Staff reporter | Published: 20 July 2018

BUSINESS NEWS

Gweru in private cemetery plan

A GWERU-BASED private land developer has submitted a proposal to partner proprietors of Harare's Glen Forest Memorial Park and set up an upmarket burial site at the council-owned Mutasa Cemetery.Actin...

By Staff reporter | Published: 20 July 2018

POLITICS

Chamisa to 'block' elections if demands are not met

The MDC Alliance leader, Nelson Chamisa, has said his party would make sure no election takes place this month if their demands are not met by the Zimbabwe Electoral Commission (ZEC). Addressing party...

By Staff reporter | Published: 12 July 2018

FINANCIAL SERVICES

BCC recovers only $32 000 from Metbank

THE Bulawayo City Council (BCC) has recovered from the Metbank $32 512 of the $1 million it lost after the financial institutions went under a few years ago.The local authority's finance department on...

By Staff reporter | Published: 10 July 2018

BUSINESS NEWS

BCC, Metbank partnership hangs in balance

THE proposed housing development partnership between Bulawayo City Council (BCC) and Metbank still hangs in the balance, pending approval by the Local Government ministry.BCC last year proposed a part...

By Staff reporter | Published: 07 July 2018

POLITICS

Chamisa never met Mugabe

MDC Alliance presidential candidate Nelson Chamisa has dismissed reports he met former president Robert Mugabe and agreed a post-election cabinet line-up with the veteran leader.The claims were picked...

By Staff reporter | Published: 03 July 2018

POLITICS

Biometric register for Ninth Parliament

Legislators in the Ninth Parliament of Zimbabwe - which will be formed after the July 30, 2018 elections -- will have their attendance recorded by a biometric register.Presiding officers will also rec...

By Staff reporter | Published: 01 July 2018
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