FINANCIAL SERVICES

GCR upgrades Zimnat General Insurance rating to A+

Global Credit Rating (GCR) has revised Zimnat General Insurance's national scale financial strength rating to A+(zw) Stable Outlook, from its previous rating of A-(zw).The financial strength rating (f...

By Staff reporter | Published: 27 September 2019

MINING & RETAIL

Zimbabwe to announce more PGM investors

Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country's platinum sector as scores of local and foreign investors ...

By Staff reporter | Published: 28 April 2019

INDUSTRIALS & ENERGY

Datlabs embarks on $4,5m upgrade

PHARMACEUTICAL and personal care products manufacturer, Datlabs Limited, has embarked on a $4,5 million plant and equipment upgrade as it seeks to improve operational efficiency. Briefing Industry and...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

LPG shortages hits Zimbabwe

The Zimbabwe Energy Regulatory Authority (ZERA) says the obtaining foreign currency challenges are to blame for the shortages in liquefied petroleum gas (LPG) at a time its consumption is on the incre...

By Staff reporter | Published: 30 November 2018

POLITICS

Zimbabwe road upgrades gather pace

THE modernisation of major roads, particularly the much-talked about Harare-Beitbridge highway, is gathering pace after Government officials met Anhui Foreign Economic Construction Corporation (AFECC)...

By Staff reporter | Published: 30 September 2018

POLITICS

Hunt on for new Prosecutor-General

Government has started hunting for a substantive Prosecutor-General following the publication of the resgination of Prosecutor-General Advocate Ray Goba in the Government Gazette on Friday, a senior G...

By Staff reporter | Published: 10 September 2018

BUSINESS NEWS

ZETDC must upgrade systems

The Consumer Council of Zimbabwe (CCZ) has called for a speedy system upgrade by the Zimbabwe Electricity Distribution Company (ZETDC) to enable smooth flow of transactions for electricity tokens that...

By Staff reporter | Published: 07 September 2018

INDUSTRIALS & ENERGY

Delta invests $260k in road upgrade

Delta Corporation, a key player in economic development, has invested over $260 000 towards the upgrade of a road junction that links its Fairbridge Chibuku Super plant with the Harare-Bulawayo Highwa...

By Staff reporter | Published: 06 September 2018

POLITICS

Mnangagwa rushes Mugabe Airport upgrade

PRESIDENT Emmerson Mnangagwa recently officially commissioned the upgrading of Robert Gabriel Mugabe International Airport funded through a $153 million loan facility from China's Eximbank.Addressing ...

By Staff reporter | Published: 25 July 2018

BUSINESS NEWS

$153 million Mugabe airport upgrade begins

President Mnangagwa yesterday commissioned the $153 million Robert Gabriel Mugabe International Airport upgrading and rehabilitation project, as Government modernises the country's infrastructure to m...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Firm eyes $1 million machinery upgrade

One of the country's leading manufacturer and supplier of stationery products, Rank Zimbabwe, plans to inject approximately $1 million into a new machinery that will among other things allow the compa...

By Staff reporter | Published: 24 July 2018

POLITICS

'Mugabe stalled border upgrade'

TRANSPORT and Infrastructural Development minister Joram Gumbo has disclosed that former President Robert Mugabe stalled the multi-million-dollar Beitbridge Border Post upgrade after the project was l...

By Staff reporter | Published: 17 July 2018

BUSINESS NEWS

Beitbridge upgrade to speed up border efficiency

The upgrading and modernisation of Beitbridge Border Post will speed up the processes culminating in the implementation of the One Stop Border Post (OSBP) concept between South Africa and Zimbabwe, Tr...

By Staff reporter | Published: 16 July 2018

BUSINESS NEWS

Mnangagwa commissions $241m Beitbridge Border upgrade

PRESIDENT Emmerson Mnangagwa yesterday laid the foundation for the $241 million upgrade of Beitbridge Border Post before addressing close to 15 000 people at Dulivhadzimo Stadium in an unscheduled ral...

By Staff reporter | Published: 12 July 2018

TRANSPORT & TOURISM

SA Airlink upgrades aircraft for Vic Falls route

South African Airlink has upgraded its aircraft for the Victoria Falls-Cape Town route increasing its capacity in yet another sign of confidence by regional and international airlines in the country's...

By Staff reporter | Published: 11 July 2018

FINANCIAL SERVICES

Agribank splashes $1m on ICT upgrade

AGRIBANK has so far spent $1,1 million on information communication technology (ICT) infrastructure hardware, as it presses ahead with efforts to ensure system stability and provide more functions for...

By Staff reporter | Published: 05 July 2018

TRANSPORT & TOURISM

$2,5 million upgrade for Cresta Oasis

Cresta Hotels is undertaking a $2,5 million refurbishment of Cresta Oasis Hotel and Apartments in Harare, gearing for an expected increase in local and international business in coming months and year...

By Staff reporter | Published: 30 June 2018

BUSINESS NEWS

ZIMRA upgrades Asycuda

THE Zimbabwe Revenue Authority has completed the first phase of an upgrade on the Automated System for Customs Data (Asycuda) to avoid a recurrence of the disturbances which occurred in December last ...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

Agents seek ZIMRA consultations on upgrades

THE International Freight Forwarders Association of Zimbabwe (IFFAZIM) says the Zimbabwe Revenue Authority (ZIMRA) should consult stakeholders in the freight and clearing sector before making changes ...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

Zimra completes Asycuda upgrade

THE Zimbabwe Revenue Authority (Zimra) has completed the upgrade of its Automated Systems for Customs Data (Asycuda) to ensure normalcy to the e-services, as it steps up efforts to improve efficiency....

By Staff reporter | Published: 15 June 2018

BUSINESS NEWS

Mnangagwa updated on Beitbridge upgrade progress

President Emmerson Mnangagwa has met representatives of Zimborders, a company which won the tender to upgrade the Beitbridge border post.The company representatives updated Cde Mnangagwa on the challe...

By Staff reporter | Published: 05 June 2018

MINING & RETAIL

Tharisa may join Karo in $4.2bn Zim PGM project

Tharisa, the platinum and chrome miner run by the Pouroulis family, is considering investing in a $4.2bn platinum project in Zimbabwe being developed by another company founded by the family.Tharisa w...

By Bloomberg | Published: 31 May 2018

TELECOMS & TECHNOLOGY

National Broadband upgrade set for completion

Communication bills for companies and individuals are set to decline significantly when TelOne completes its National Broadband (NBB) network upgrade project next month funded under a $98 million loan...

By Staff reporter | Published: 31 May 2018

TELECOMS & TECHNOLOGY

Chinese bank loan to NetOne to upgrade rural 4G

Zimbabwe's state-owned mobile operator NetOne is to expand its network in rural areas with the help of a $71 million loan from China.The company, which is a subsidiary of fixed-line incumbent TelOne, ...

By Staff reporter | Published: 29 May 2018

TELECOMS & TECHNOLOGY

Zim embarks on broadband connectivity upgrade

ZIMBABWE'S sole fixed telephone operator, TelOne, has embarked on converged network upgrade aimed at enabling customers realise faster broadband connectivity.The state-owned fibre-optic operator said ...

By CAJ News | Published: 23 May 2018
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