MINING & RETAIL

Edgars store face closure

Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer, BusinessDay reported.At a rec...

MINING & RETAIL

Zimbabwe to plug off mineral leakages

The government has stepped up efforts to plug off mineral export leakages by establishing a $1.7 million dollar project to monitor flow of resource commodities and determine their exact values.Zimbabw...

MINING & RETAIL

Producers seek help to grow gold output

THE Zimbabwe Miners' Federation (ZMF) has written to the police asking for help to restore order in the artisanal gold mining sector, where the yellow metal is being illicitly traded, thereby deprivin...

MINING & RETAIL

Hwange Colliery protests clock 100 days

THE protest by Hwange Colliery Company workers' spouses clocked 100 days yesterday with the women vowing to continue picketing at the firm's premises until it pays their husbands' outstanding salaries...

BUSINESS NEWS

Homelink avails $15m for leather industry

HOMELINK Finance has availed a $15 million facility to the leather industry in the country towards retooling and capacity building.Speaking on the sidelines of a workshop organised by the Leather Inst...

TRANSPORT & TOURISM

Hotels accused of exploiting locals

VICTORIA Falls residents have accused hotels and tour operators in the country's prime resort town of exploiting locals by employing them as cheap labour, sometimes "without" pay.The town runs some of...

CONSTRUCTION & PROPERTY

Zimre to turn Nicoz House into students quarters

Financial services group, ZIMRE Holdings, will soon start refurbishment works on its Nicoz House building in Selbourne Park, Bulawayo, which is being turned into living quarters for tertiary students....

FINANCIAL SERVICES

Barclays restructures executive committee

Barclays Africa Group Limited yesterday announced a new structure that aligns the group's executive committee portfolio with its new strategy as the bank plans to double its market share of Africa ban...

INDUSTRIALS & ENERGY

Leather sector eyes growth

THE Leather Institute of Zimbabwe (LIZ) will from today hold a three-day financial and services workshop in Bulawayo aimed at spearheading the retooling, revamping, relaunching and revival of the once...

TELECOMS & TECHNOLOGY

Potraz Act to be reviewed

A POSTAL and Telecommunication Regulatory Authority of Zimbabwe (Potraz) Draft Amendment Bill is being crafted to give the entity the flexibility to keep up with fast changing technological trends and...

FINANCIAL SERVICES

Old Mutual scraps payslip requirement for stand buyers

OLD Mutual Group has scrapped the requirement for payslips on potential residential stand buyers at its Pumula South and Nkulumane housing project in Bulawayo.The move seeks to cater for the growing i...

LANDS & AGRICULTURE

Command Livestock registration begins

THE Government has started registering farmers under the Special Livestock, Fisheries and Wildlife Programme.Agriculture, Lands and Rural Resettlement Deputy Minister Davis Marapira confirmed that reg...

TRANSPORT & TOURISM

ZTA receives grant to revive domestic tourism

The government has given the Zimbabwe Tourism Authority [ZTA] a $20 000 grant to help revive publicity associations across the country and promote domestic tourism.ZTA executive director (domestic tou...

Chimata chair applauds Zim new dispensation

TORONTO Stock Exchange-listed mining group, Chimata Gold Corporation, has applauded the President Mnangagwa-led administration for taking bold steps to reform the atmosphere of doing business and attr...

FINANCIAL SERVICES

NBS targets 2 000 houses in 2018

THE National Building Society wants to complete more than 2 000 houses in 2018 as the company moves to deliver affordable houses for low-income earners.The NBS scheme will see beneficiaries paying mon...

TRANSPORT & TOURISM

Air Zimbabwe hit by aircraft shortages

Air Zimbabwe is battling a serious shortage of aircraft amid indications that it only has two serviceable aeroplanes, resulting in crippling flight cancellations that have dented the company's integri...

MINING & RETAIL

Caledonia commits to $4m investment

Gold mining firm, Caledonia Mining Corporation has reaffirmed commitment to a $4 million investment towards exploration and metallurgical test work to its satellite properties.With an impressive gold ...

TELECOMS & TECHNOLOGY

2 Telco employees electrocuted

Two Telco employees were electrocuted on Friday afternoon while installing wifi cables in Victoria Falls' Mkosana suburb with one of the of them confirmed dead upon arrival at the Victoria Falls hospi...

TRANSPORT & TOURISM

Govt signs $1,2bn tourism investment deal

President Mnangagwa yesterday witnessed the signing of a Memorandum of Understanding that will unlock $1,2 billion worth of investments into the tourism and hospitality industry from a Chinese company...

TELECOMS & TECHNOLOGY

Zimbabwe has one ATM with cash

Golix, Zimbabwe's first and largest cryptocurrencies exchange has broken new ground once again by acquiring the country's first ever Bitcoin ATM which comes loaded with hard United States dollars (USD...

TELECOMS & TECHNOLOGY

Mnangagwa caught up in Telecel Zimbabwe saga

PRESIDENT Emmerson Mnangagwa is caught in an invidious position in the Telecel Zimbabwe saga, as he has to choose between taking sides with his son-in-law and prominent lawyer Gerald Nqobile Mlotshwa,...

TELECOMS & TECHNOLOGY

Zim to amend telecoms act to reflect ICT changes

Changes in the information and communication technologies landscape have forced the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to draft a new bill intended to repeal the P...

MINING & RETAIL

Zimplats says local listing won't work

Impala Platinum has said Zimbabwe's plan to compel mining companies to list the majority of their shares on the local exchange isn't feasible and would impede operators' ability to grow and invest in ...

INDUSTRIALS & ENERGY

Mnangagwa to tour CSC Masvingo unit

PRESIDENT Emmerson Mnangagwa will in the next few weeks visit the Cold Storage Company (CSC) unit in Masvingo and also tour the defunct Mashaba Mine in Mashava, a senior ruling party official has sai...

TRANSPORT & TOURISM

Rot at AirZim stumbling block to economic take-off

THAT the regrettable happenings at the national flag carrier Air Zimbabwe could derail the country's economic take-off is an open secret.The question, however, is why the authorities are failing to de...