BUSINESS NEWS

No access to internet for 67 ZimPost offices

Sixty-seven post offices in Zimbabwe do not have internet access, the Abridged sector report for the second quarter has revealed.Potraz has been working on bridging the digital divide between the rura...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Zimpapers hike prices of all its publications

Zimbabwe Newspapers Limited (Zimpapers) has announced new cover prices for all its publications with effect from Thursday 3 October 2019. Below is the statement from Zimpapers:Zimpapers would like to...

By Staff reporter | Published: 07 October 2019

MINING & RETAIL

Zimplats records slump in production

Zimbabwe's largest platinum producer Zimplats recorded a 36,1% slump in production volumes to 415,72kg in August as rising inflation, coupled with power cuts and foreign currency shortages, took a tol...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

ZimParks needs US$30 million for operations

THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) needs about US$30 million annually to effectively run its operations, but the budget might be affected if the United States government's...

By Staff reporter | Published: 04 October 2019

BUSINESS NEWS

Zimpapers records 63% revenue increase

INCREASED investment towards tapping digital opportunities remains the anchor for the growth of Zimpapers (1980) Limited, the country's leading integrated media group, as it seeks to diversify operati...

By Staff reporter | Published: 27 September 2019

LANDS & AGRICULTURE

Zimplow revenue grows by 86%

LISTED manufacturer and distributor of farming implements, Zimplow, says its revenue grew by 86% to $29,8 million in the first five months of 2019, driven by an improvement in volumes across the group...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Zimpapers introduces home delivery

Zimpapers has launched a dial-a-number concept aimed at delivering newspapers to its customers at their homes in Harare and Bulawayo during weekends. Zimpapers circulation manager Mrs Liz Mushonga yes...

By Staff reporter | Published: 14 June 2019

BUSINESS NEWS

Zimpapers profits up 68%

ZIMBABWE'S biggest diversified media group, Zimbabwe Newspapers (1980) limited's profit for the year ended December 31, 2018 surged 68 percent to US$3,8 million compared to US$2,4 million recorded in ...

By Staff reporter | Published: 30 April 2019

BUSINESS NEWS

Judge raps Zimparks

BULAWAYO High Court judge, Justice Maxwell Takuva has rapped the Zimbabwe Parks and Wildlife Management Authority (Zimparks) for impounding licensed rigs allegedly caught fishing in prohibited areas.I...

By Staff reporter | Published: 01 January 2019

INDUSTRIALS & ENERGY

Zimplow appoints new CEO

DIVERSIFIED manufacturer, Zimplow Holdings Limited, has appointed Mr Vimbayi Nyakudya as the new group chief executive officer replacing Mr Mark Hulett. In a statement yesterday the company advised sh...

By Staff reporter | Published: 01 January 2019

TRANSPORT & TOURISM

ZimParks in bid to boost domestic tourism

THE Zimbabwe Parks and Wildlife Management Authority (Zimparks) is considering a downward review of its service charges for locals in an effort to promote domestic tourism in 2019. Zimparks public rel...

By Staff reporter | Published: 01 January 2019

TRANSPORT & TOURISM

Zimpost revenue dips on working capital constraints

ZIMPOST says it generated $19,3 million in revenue in the 11 months to November, which was 12% below the $22 million achieved last year, as liquidity challenges and working capital constraints affecte...

By Staff reporter | Published: 31 December 2018

MINING & RETAIL

Government mulls incentives for Zimplats

GOVERNMENT has pledged to provide fiscal incentives to Zimplats in recognition of its efforts to set up a refinery for base metals and precious stones to promote beneficiation of the minerals. Unki an...

By Staff reporter | Published: 21 December 2018

BUSINESS NEWS

Zimpost enters new era

The new Government led by President Mnangagwa is committed to the growth of the postal and courier services sector and ultimately the provision of the same to all, Information Communication Technology...

By Staff reporter | Published: 28 November 2018

MINING & RETAIL

Zimplats spends $72million on Bimha Mine

ZIMBABWE'S largest platinum producer, Zimplats, has spent $72 million of the $101 million that was set aside for the redevelopment of Bimha Mining project, one of the company's mines. In a production ...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

Zimra ordered to refund Zimplats $9,5m

ZIMBABWE Revenue Authority (ZIMRA) has been caught on the wrong side of the law in collecting revenue and the High Court has ordered it to pay back $9,5 million it unlawfully garnished from a local mi...

By Staff reporter | Published: 17 September 2018

MINING & RETAIL

New mining status costs Zimplats

ZIMPLATS, the country's largest platinum miner, says its profits declined by 94 percent in the year to June 2018 after the company changed its status from a special mining lease (SML) holder to mining...

By Staff repporter | Published: 06 September 2018

FINANCIAL SERVICES

Zimpost launches funeral cash plan

Postal services provider Zimpost has partnered First Mutual Life (FML) Assurance to launch funeral assurance - PostLife Funeral Cash Plan.The product is underwritten by FML.The partnership, signed on ...

By Staff reporter | Published: 05 July 2018

INDUSTRIALS & ENERGY

Zimpapers revenue ahead of budget

LISTED diversified media group Zimpapers registered revenue growth for the first five months of the year on the back of positive performance across all its divisions.Zimpapers chief executive Pikirayi...

By Staff reporter | Published: 21 June 2018

MINING & RETAIL

Mnangagwa's crony gets Zimplats claims

PRESIDENT Emmerson Mnangagwa's crony Lucas Pouroulis, whose company, Karo Resources, recently signed a controversial US$4,2 billion platinum deal with government, has grabbed mineral claims stretching...

By Staff reporter | Published: 08 June 2018

MINING & RETAIL

Zimplats hands over 24,000 hectares to govt

ZIMBABWE'S largest platinum miner, Zimplats, has agreed to release to the Zimbabwe Government land measuring 23  903 hectares within Zimplats' mining lease area in support of the Government's eff...

By Ngoni Shenjere | Published: 06 June 2018

BUSINESS NEWS

Zimplats to lease claims to ranchers

Zimplats has made a request to Mhondoro-Ngezi Rural District Council for permission to lease some of its mining claims for commercial ranching.According to the request, the local authority is set to b...

By Staff reporter | Published: 30 May 2018

BUSINESS NEWS

RTG sues Zimpraise over $12k hotel bill

Local hospitality concern, Rainbow Tourism Group Limited (RTG), has taken Zimpraise Trust, a company that owns gospel music group, Zimpraise, to the High Court demanding settlement of a $12 000 hotel ...

By Staff reporter | Published: 29 May 2018

BUSINESS NEWS

Zimparks rangers, poachers in fierce shootout

Zimbabwe National Parks and Wildlife Authority (Zimparks) game rangers on Saturday night were engaged in a 30-minute shootout with a band of poachers who had gunned down an elephant bull in Hwange Nat...

By Staff reporter | Published: 29 May 2018

TELECOMS & TECHNOLOGY

Zimpost moves to digitisation

State-owned postal and courier services company, Zimpost, has introduced two new digitised services namely the Virtual Post Office and the Zimpost Mall. The organisation is seeking to transform its se...

By Staff reporter | Published: 21 May 2018
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