Tourist arrivals are set to double within three years on the back of aggressive marketing and image improvement campaigns of the country, the Zimbabwe Tourism Authority (ZTA) has said.Arrivals were 1,...
By Staff reporter | Published: 12 December 2017
MOBILE money services have emerged to be a key revenue contributor for the mobile network providers in Zimbabwe as more subscribers embrace the facility on the back of cash shortages, a report has sho...
By Staff reporter | Published: 12 December 2017
ZIMBABWE'S raw milk production increased by 0,4% to 54,47 million litres in the 10 months to October, compared to the same period last year, latest figures show.According to figures from the Ministry ...
By Staff reporter | Published: 12 December 2017
WHEAT farmers have so far delivered around 40 000 metric tonnes of wheat, with the Treasury targeting to pay all deliveries by year end. This year's wheat is expected to reach 200 000 tonnes from 65 0...
By Staff reporter | Published: 12 December 2017
GOVERNMENT has slashed the rate of royalty for all platinum group mining companies to 2.5 percent from 10 percent, a move the Chamber of Mines of Zimbabwe says will go a long way in enhancing viabilit...
By Staff reporter | Published: 12 December 2017
GWERU-based shoe manufacturer, Bata Shoe Company, has invested over $500 000 in machinery and equipment for the setting up of a gumboot manufacturing plant.The shoe manufacturer discontinued productio...
By Staff reporter | Published: 12 December 2017
BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga had ret...
By Staff reporter | Published: 12 December 2017
CREDITORS have approved a $100 million investment deal paving way for the revival of Gweru-based giant ferrochrome producer, Zimbabwe Alloys, an official said.The firm has been on judicial management ...
By Staff reporter | Published: 12 December 2017
Government is investigating Liquid Telecom for not having adequate back-up systems, resulting in an Internet glitch last week, which led to the disruption of social media applications. Information Com...
By Staff reporter | Published: 12 December 2017
Tri-listed resources concern, Hwange Colliery Company Limited (HCCL), last week revealed it is finalising funding structure negotiations of its exploration deal with its unnamed preferred partner, whi...
By Staff reporter | Published: 11 December 2017
Manufacturing activities in the informal sector stand a better chance of earning higher monthly revenues than those in the retail and services, a new report has shown. According to the Zimbabwe Nation...
By Staff reporter | Published: 11 December 2017
State owned diamond mining entity, Zimbabwe Consolidated Diamond (ZCDC), will next year invest $21 million in the establishment of a Geology Strategic Business Unit (SBU) that will explore known congl...
By Staff reporter | Published: 11 December 2017
Non-performing loans (NPLs) dropped to 8,63 percent this year from 20,5 percent in 2015, raising expectation the financial services sector is becoming more stable. Although the NPLs have declined to s...
By Staff reporter | Published: 11 December 2017
The Government is set to procure 400 wagons and 14 locomotives for the National Railways of Zimbabwe (NRZ) under the $400 million recapitalisation deal, a Cabinet Minister has said.Addressing sugarcan...
By Staff reporter | Published: 11 December 2017
GOVERNMENT is set to acquire 15 aeroplanes as part of efforts to resuscitate the ailing Air Zimbabwe, Transport and Infrastructure Development Minister Dr Jorum Gumbo has said.In an interview recently...
By Staff reporter | Published: 11 December 2017
THE sourcing of foreign currency from the parallel market is not sustainable for industry operations and Government needs to capacitate the Reserve Bank of Zimbabwe (RBZ) to meet funding requirements ...
By Staff reporter | Published: 11 December 2017
KWEKWE based chrome smelting company, Zimbabwe Mining and Smelting Company (Zimasco), has agreed on a scheme of arrangement with its creditors and is set to be removed from judicial management next mo...
By Staff reporter | Published: 11 December 2017
CEMENT manufacturer, PPC Zimbabwe, has filed an urgent High Court chamber application seeking an interdict order to stop the Zimbabwe Revenue Authority (Zimra) from garnishing its bank accounts over a...
By Staff reporter | Published: 11 December 2017
ZIMBABWE's telecommunications companies registered a 19 percent growth in cumulative revenue to $292,7 million in the third quarter to September 2017, compared to $244,5 million recorded in the previo...
By Staff reporter | Published: 11 December 2017
A telecom industry report this week revealed that Econet Wireless Zimbabwe had the highest Average Revenue Per User (ARPU) of $8,57 between July and September this year, ahead of its main industry ri...
By Staff reporter | Published: 10 December 2017
The Reserve Bank of Zimbabwe (RBZ) has mobilised a $28,5 million input facility for small-scale tobacco farmers as it gears towards boosting the country's golden leaf production.The facility administ...
By Staff reporter | Published: 10 December 2017
CLOTHING manufacturers have urged Government to institute an all-inclusive rebate scheme for the sector.Zimbabwe Clothing Manufacturers Association (ZCMA) chairman Mr Jeremy Youmans said although the ...
By Staff reporter | Published: 10 December 2017
ONE of the country's leading life assurance and short-term insurance player, Zimnat through its joint venture (JV) with Botswana's leading funeral services provider, FSG Limited has invested over $5 ...
By Staff reporter | Published: 10 December 2017
LOCAL cooking oil producers are being forced to manufacture about 60 percent of the country's requirement due to the shortage of foreign currency to import adequate soya beans.Oil Expressers Associat...
By Staff reporter | Published: 10 December 2017
Newly appointed Mines and Mining Development Minister Mr Wiston Chitando has shared his vision for the extractive industry, which he said will be driven by increased capacity utilisation, ability to ...
By Staff reporter | Published: 10 December 2017
Zimbabwe army warns public over fake recruitment 
Mugabe son paid shooting victim R400k, court told 
Trump admin launches $166B tariff refund portal 
Gold-backed ETF set for VFEX debut 
Fuel shock drives Zimbabwe inflation higher 
Zimbabwe mobile sector grows as data usage surges 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
