INDUSTRIALS & ENERGY

ZNCC advocates enterprise development in schools

THE Zimbabwe National Chamber of Commerce (ZNCC) says enterprise development should be a major component of education in schools for the country to produce learners that would add value to the economy...

By Staff reporter | Published: 25 June 2018

TELECOMS & TECHNOLOGY

MultiChoice to train Zim filmmakers

MULTICHOICE Zimbabwe is looking for aspiring film directors, sound engineers, and scriptwriters to enter the MultiChoice Talent Factory (MTF) which offers them a chance to gain theoretical knowledge a...

By Staff reporter | Published: 25 June 2018

FINANCIAL SERVICES

Micro-finance firm raises $5 million capital

Micro-financE firm Untu Capital, has raised its targeted $5 million in an issuance of tradable bonds after successfully issuing the third and final tranche of $2 million on the Financial Securities Ex...

By Staff reporter | Published: 25 June 2018

CONSTRUCTION & PROPERTY

Complex shareholding stalls Zimre bundling

A complicated shareholding structure in Zimre Holdings Limited's regional subsidiaries is stalling the group's move to consolidate all of its operations in new offshore company, Emeritus International...

By Staff reporter | Published: 25 June 2018

FINANCIAL SERVICES

IPEC targets 7% insurance penetration

The Insurance and Pensions Commission (IPEC) is targeting insurance penetration to reach 7 percent by 2022 compared to the current 4,7 percent on the back of an anticipated economic growth. Zimbabwe r...

By Staff reporter | Published: 25 June 2018

TRANSPORT & TOURISM

Air Zimbabwe leaves passengers stranded

Scores of passengers were left stranded at Robert Gabriel Mugabe International Airport yesterday morning after an Air Zimbabwe flight to Bulawayo took to the skies two hours earlier than scheduled.The...

By Staff reporter | Published: 25 June 2018

INDUSTRIALS & ENERGY

TSL profit up 517%

THE TSL Limited Group posted a 517,14% increase in profit after tax to $9,77 million for the six months ended April 30, 2018 on the back of satisfactory agricultural results.The increase was from the ...

By Staff reporter | Published: 25 June 2018

TRANSPORT & TOURISM

CAAZ sheds light on Turkish Airlines deal

Civil Aviation Authority of Zimbabwe's acting general manager, Tawanda Gusha has said Turkish Airlines has not made any formal communication with Zimbabwe to establish flights between Harare and Turke...

By Staff reporter | Published: 25 June 2018

INDUSTRIALS & ENERGY

General Beltings cries foul

GENERAL Beltings, the leading manufacturer of conveyor and other belts, says its performance in the first quarter of 2018 was deeply subdued as the Industry, Commerce and Enterprise Development minist...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Millers turn to wheat reserves

TWO of the country's biggest milling companies, National Foods Limited and Blue Ribbon Foods, have resorted to using reserve stocks of wheat due to severe shortages on the market, Standardbusiness has...

By Staff reporter | Published: 24 June 2018

FINANCIAL SERVICES

DPCZ lists companies with NPLs

THE Directors Protection Council of Zimbabwe (DPCZ) has completed the process of compiling the list of companies with Non-Performing Loans (NPLs) for absorption by the Zimbabwe Asset Management Compan...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Bulawayo tomato paste plant starts operations

SONDELANI Ranching has launched its $2 million state-of-the-art tomato processing plant for the production of tomato paste in Bulawayo.Turning Matabeleland Green co-director Reverend Patson Netha said...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Government says no to donkey abattoir

THE Government has vowed not to license the donkey abattoir in Bulawayo as slaughtering of the animals is unlawful in the country, an official said.Speaking at the Donkey Skin Trade Conference in Bula...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Biogas takes rural communities by storm

Rural communities in Mashonaland East are adopting a simple technology to produce clean, alternative and easily accessible renewable energy from biomass.Under the project, rural communities in Mudzi a...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

TSL Ltd eyes mega profits

Industrial holdings group, TSL Limited, expects to bump profitability in the current financial year on the back of a positive outlook for Zimbabwe's agriculture sector, mainly the tobacco sub-sector.T...

By Staff reporter | Published: 24 June 2018

MINING & RETAIL

Investors flood RioZim

The re-engagement thrust adopted by President Mnangagwa's administration since November last year has unlocked opportunities for local companies to attract credit lines and/or investors for several ke...

By Staff reporter | Published: 24 June 2018

TRANSPORT & TOURISM

Kariba station charms ZTA

KARIBA is set for a new treat as organisers of the proposed annual Nyaminyami Festival are angling to combine forces with the Nyaminyami Lakeside Festival hosts.Information privy to The Sunday Mail So...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Motor industry to create 20,000 jobs

Government says the recently launched Zimbabwe Motor Industry Development Policy (ZMIDP) will result in the creation of 20 000 jobs in the sector and downstream industries, driven by a rise in capacit...

By Staff reporter | Published: 24 June 2018

LANDS & AGRICULTURE

Egg prices up 57%

WHOLESALE prices of table eggs have increased by 57% over the past few years to $4,50 per tray in the first quarter of 2018, an official has said.In an industry update for the first quarter of 2018, Z...

By Staff reporter | Published: 23 June 2018

LANDS & AGRICULTURE

Beef, leather lobby group seek policy revision

THE beef and leather value chain sector is lobbying for the revision of policies and regulatory frameworks that govern the sector in an effort to improve its operating environment.The sector, last yea...

By Staff reporter | Published: 23 June 2018

TRANSPORT & TOURISM

Some of Zimbabwe's best places to visit

TALK of the top 10 spots to visit in Africa, and you definitely ought to mention the Victoria Falls in Zimbabwe. Zimbabwe alone has over 10 places to visit that are nothing less than awe-inspiring.The...

By buzzsouthafrica.com | Published: 23 June 2018

TRANSPORT & TOURISM

Club Connect shuts down!

Popular nightspot, Club Connect in Bulawayo has shutdown.Its proprietor, Biggie Chinoperekwei said they were planning to relocate it to another venue in the city as the current location was not conduc...

By Staff reporter | Published: 23 June 2018

INDUSTRIALS & ENERGY

Zimbabwe calls for energy self-sufficiency

Zimbabwe has called for cooperation in the generation of energy and power to ensure the region is self-sufficient and reduces dependency on the outside world. Energy and Power Development Minister Amb...

By Staff reporter | Published: 23 June 2018

INDUSTRIALS & ENERGY

'Original' Mazoe back in July

Schweppes Zimbabwe Limited yesterday announced that the original Mazoe recipes for all flavours will be back on the shelves beginning July 31. The company faced resistance from customers after it adde...

By Staff reporter | Published: 23 June 2018

MINING & RETAIL

Hwange Colliery board nominees announced

Government, the largest share in the coal mining concern Hwange Colliery Company, has announced its nominees for the company's board of directors.The six appointments include:Allan Mashingaidze, forme...

By Ngoni Shenjere | Published: 22 June 2018
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