TRANSPORT & TOURISM

Zim Radisson Blu hotel construction begins

One of the world's largest hospitality groups, Carlson Rezidor in partnership with local hospitality firm, Streamwalk, has started construction of a Radisson Blu Hotel along Samora Machel Avenue in Ha...

By Staff reporter | Published: 12 July 2018

MINING & RETAIL

Zimbabwe firms cut $3m deals in DRC

Zimbabwean Resources companies have cut deals worth $3 million plus with DRC corporations after participating at a mining exhibition in the central African country. The firms are working with large mi...

By Staff reporter | Published: 12 July 2018

TRANSPORT & TOURISM

Zupco ownership shocker

Diversified insurance giant Zimre Holdings has been identified as government's sleeping partner in the troubled public bus company Zupco. Account general Daniel Muchemwa says government was equally sh...

By Staff reporter | Published: 12 July 2018

FINANCIAL SERVICES

Nedbank offers $75m offshore finance facility

NEDBANK Zimbabwe has availed a $75 million line of credit facility through its mother company, Nedbank South Africa under which pre-and post-shipment offshore finance will be offered to exporters.Spea...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

'HIT best to understand blockchain tech'

THE Zimbabwe Information and Communication Technology Division (ZICT) says Harare Institute of Technology (HIT) has some of the best brains in understanding blockchain technology used to develop crypt...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

TelOne's hackathon to promote mobile financial services

TELONE Centre for Learning (TCFL) will host a mobile financial services hackathon for State-owned mobile operator NetOne in collaboration with South Africa's FinMark Trust to promote mobile financial ...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

Econet takes stock of investments

ECONET Wireless Zimbabwe has channeled over $3,2 billion in sourcing goods and services from local industries including small to medium enterprises over the past 20 years.Group chief executive officer...

By Staff reporter | Published: 12 July 2018

FINANCIAL SERVICES

AfDB ranked 4th in global index

THE African Development Bank (AfDB) has been ranked fourth among 45 development organisations in the 2018 Global Aid Transparency Index.The regional bank was ranked sixth in 2016.The Aid Transparency ...

By Staff reporter | Published: 12 July 2018

LANDS & AGRICULTURE

UK investor eyes CSC

THE Cold Storage Company (CSC) has identified a United Kingdom-based investor set to inject $100 million into Zimbabwe's largest beef processing firm.The ailing State-owned entity, which requires betw...

By Staff reporter | Published: 12 July 2018

FINANCIAL SERVICES

Fraudsters target Women's Ban

Zimbabweans should be wary of fraudsters who are moving around with forged Women's Bank loan application forms and offering to process them for a fee. There are reports that a number of people had bee...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

Gtel releases first wireless smartphone

Gtel yesterday released the stunning X7 Plus smartphone, featuring the latest android generation custom processor and wireless charging and earphone system. The company's brand manager Alvin Pande, sa...

By Staff reporter | Published: 12 July 2018

MINING & RETAIL

Vast Resources explores new opportunities

VAST Resources Zimbabwe is exploring new mining opportunities and intends to revitalise its historic claims, as it seeks to increase its footprint in the country, riding on the significantly transform...

By Staff reporter | Published: 12 July 2018

LANDS & AGRICULTURE

Govt moves to recapitalise CSC

Government has moved closer to concluding a deal to recapitalise the Cold Storage Company (CSC) with potential investors, Lands, Agriculture and Irrigation Development Minister Perrance Shiri has said...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

TelOne faces $23m bill from dismissed staffers

EIGHTY-two dismissed former employees of fixed telecoms operator, TelOne, are demanding compensation amounting to $23 million as dues accumulated from salaries arrears, unpaid benefits and retrenchmen...

By Staff reporter | Published: 12 July 2018

TRANSPORT & TOURISM

Fastjet to launch daily flights between Harare - Bulawayo

fastjet, Africa's affordable airline for everyone, announced today that it will commence daily flights between Harare and Bulawayo from 20 July 2018. Ticket sales are already open on fastjet.com, fast...

By Agencies | Published: 11 July 2018

TRANSPORT & TOURISM

SA Airlink upgrades aircraft for Vic Falls route

South African Airlink has upgraded its aircraft for the Victoria Falls-Cape Town route increasing its capacity in yet another sign of confidence by regional and international airlines in the country's...

By Staff reporter | Published: 11 July 2018

TELECOMS & TECHNOLOGY

Govt intensifies internet connectivity

INFORMATION Communication and Technology minister Supa Mandiwanzira yesterday said the government was intensifying its efforts to bring internet connectivity to every household countrywide.The ministe...

By Staff reporter | Published: 11 July 2018

TELECOMS & TECHNOLOGY

Econet strengthening industry lead

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s 2018 first quarter (Q1) sector report shows Econet Wireless maintained its customer and revenue market share lead on the b...

By Staff reporter | Published: 11 July 2018

LANDS & AGRICULTURE

Virginia tobacco exports reach $184m

Zimbabwe has so far earned $184,3 million after exporting 45,2 million kg of tobacco to 49 countries, a setback of 76 million on export earnings realised during the same period last year. According to...

By Staff reporter | Published: 11 July 2018

TELECOMS & TECHNOLOGY

TelOne hosts fintech solutions hackathon

TELONE Centre for Learning (TCFL), a subdivision of rising fixed telecommunications firm, TelOne, will this week host a OneMoney mobile financial services hackathon, with the aim of promoting product ...

By Staff reporter | Published: 11 July 2018

LANDS & AGRICULTURE

Maize deliveries reach 214k tonnes

Farmers have delivered nearly 214 000 tonnes of maize to the Grain Marketing Board since the beginning of the season in April, a senior official has said. The average weekly deliveries are 4 000 tonne...

By Staff reporter | Published: 11 July 2018

MINING & RETAIL

Tharisa seeks Zimbabwe project status

Tharisa Holdings, one of the world's largest chrome and platinum producers listed on the London Stock Exchange's main board, says it is seeking national project status ahead of commencing exploration ...

By Staff reporter | Published: 11 July 2018

FINANCIAL SERVICES

Nyaradzo launches Sahwira International Plan

Diversified insurance group, Nyaradzo Life Assurance Company has launched a funeral policy called Sahwira International Plan (Sip) meant for Zimbabweans in the Diaspora.Sahwira International Plan, whi...

By Staff reporter | Published: 10 July 2018

TRANSPORT & TOURISM

Tourist arrivals up 15%

Tourist arrivals in Zimbabwe went up 15 percent to 554 417 from 480 510 in the quarter ended March 2018, latest statistics revealed.According to the Finance ministry's Fiscal Policy and Advisory Servi...

By Staff reporter | Published: 10 July 2018

TELECOMS & TECHNOLOGY

OTT application services cut mobile revenue

MOBILE operators experienced a 5,8% decline in revenue to $244 677 944 in the first quarter of the year owing to the continued decrease in voice traffic as over the top (OTT) applications continue to ...

By Staff reporter | Published: 10 July 2018
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