A SENIOR agronomist in Manicaland has expressed pessimism that the rains received starting on Wednesday will do much to rejuvenate crops and improve yields.Provincial agriculture extension officer (Ma...
AN unnamed Indonesian investor has expressed interest in investing $30 million into textile concern, Merlin, as working capital over five years, NewsDay has established.According to the minutes of the...
MBCA Bank, a unit of South Africa's Nedbank Group, has now started the process of changing its name, which was first announced three years ago. The bank will adopt its parent's name, Nedbank.The Nedba...
BARCLAYS Bank Plc will today cease to offer correspondent banking services for its former Zimbabwean unit, which it sold to Malawi's FMB Capital last year.FMB Capital acquired 43 percent shareho...
GOVERNMENT has issued a directive for white farmers to be issued with 99-year leases instead of five-year leases subject to renewal upon meeting "certain conditions".In a letter addressed to acting pr...
ZIMBABWE'S government will relinquish absolute control of its vast but under-utilised mining assets, which have chronically underperformed due to under-capitalisation and mismanagement.In a call...
Zimbabwe is only left with about two commercial coffee farmers on 300 hectares, down from 145 who were farming over 7 600 hectares before 2004.Zimbabwe Coffee Mill director Johane Jori told the Easter...
STANDARD Chartered Bank has riled its depositors after taking long to integrate its system with Ecocash, to enable them to transact with others who do not have formal bank accounts.Ecocash is Econet W...
THE shortage of foreign currency has impacted on the ability of Sable Chemicals to produce enough fertiliser for the domestic market, forcing farmers to import 70% of ammonium nitrate, Parliament has ...
Information Communication Technology (ICT) minister Supa Mandiwanzira has emphasised the importance of radio frequencies in the development of the economy and enhancing the country's connectivity to t...
STATE-OWNED telecoms operator, TelOne, achieved a 14% increase in revenue to $133,76 million in 2017, on the back of an increase in broadband capacity.TelOne corporate communications manager, Melody H...
CFI Holdings Limited has overturned its loss making position to register a profit after tax of $879 869 in the year ended September 30 2017 on the back of better market opportunities in the retail sec...
GOVERNMENT needs about $5 billion to upgrade fuel and oxygen plants at Feruka with a view to increasing fuel production at the plant to about eight million litres per day.Higher and Tertiary Education...
Lobel's Bread has taken over Kwekwe-based Plaza Bread in a development that is set to create more than 100 jobs, an official from one of the country's biggest bakers has confirmed.Lobel's Bread has si...
Zimbabwe has made history by becoming one of the few countries in southern Africa to launch a national blueprint on the access and use of radio frequency spectrum resources. ITC minister Supa Mandiwan...
President Emmerson Mnangagwa last week disclosed that government is developing a comprehensive diamond policy to regulate activities in the extraction of the gemstones. Zimbabwe's diamond sector is co...
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel's ...
Fuel costs in Zimbabwe are still much higher than anywhere else in the region even after government decreed fuel retailers to cut the price of petrol and diesel by up to 7,5 percent after a tax cut, e...
SHABANIE and Mashaba Mine (SMM) has started recruiting and its target is to employ 800 people by the end of the year.The asbestos mining company which was closed in 2004, used to employ 4 500 workers....
HUNDREDS of spouses of Hwange Colliery Company Limited (HCCL) employees have been staging a sit-in at the coal mining company premises since Monday demanding payment of their husbands' outstanding sal...
Zimbabwe has acceded to the newly launched Single African Air Transport Market (SAATM), a project that is meant to relax rules and regulations to create a free market environment for eligible commerci...
For beef lovers, the time of suffering and paying through the nose for steaks, braai packs and roasts could soon be coming to an end.Beef prices, which have been increasing for months, recently hittin...
The Zimbabwe Mining and Smelting Company's judicial manager has applied to the High Court to have the Kwekwe-based ferrochrome producer removed from judicial management. The company was placed under ...
LEADING telecommunications company, Econet Wireless Zimbabwe has ventured into car insurance business to provide road traffic accident cover and comprehensive cover for vehicles.The firm said its insu...
POOR infrastructure continues to be a serious impediment to inclusive growth in African economies, the African Development Bank (AfDB) has said.AfDB said this in its 2018 edition of the African Econom...