The $400 million NRZ deal is set to be concluded before the end of the year paving way for the revival of the strategic firm. NRZ recently sealed the $400 million funding deal with a consortium led by...
THE Chamber of Mines and the Associated Mine Workers' Union of Zimbabwe (Amwuz) are set to meet on Thursday next week to discuss the wage increment for next year, businessdigest has learnt.The negotia...
OK Zimbabwe has admitted that it does not see growth in the near future for its Kawena Brand, although it has changed its model to be more aligned to goods than cash.Kawena is an electronic way provid...
STRUGGLING Bulawayo firm, Merlin, yesterday received a consignment of raw materials, thereby raising hopes for workers that the company will soon resume operations after being defunct for a decade.Ne...
THE National Railways of Zimbabwe (NRZ), in partnership with the government and the European Union, has refurbished the Nandi-Mkwasine railway line in Chiredzi at a cost of more than $10 million in a...
Equity Properties has roped in the Reserve Bank of Zimbabwe (RBZ) to mediate in its dispute with a company owned by Indian business tycoon Jayesh Shah, which is holding onto a title deed to an upmark...
THE African Development Bank (AfDB) has launched a Youth Advisory Group that seeks to create 25 million jobs in Africa with target impact on 50 million youths over the next 10 years.The Presidential ...
THE country's largest shoe manufacturer Bata Shoe Company has embarked on a massive upgrade of its Gweru plant, which is aimed at improving the quality of its products and diversifying production.Bat...
ZIMBABWE's largest ferrochrome producer, Zimasco, is expected to come out of judicial management early next year after a successful turnaround plan that will enable the company to pay its creditors w...
The Zimbabwe Regulatory Authority (Zera) says there has been a rapid growth in liquefied gas petroleum gas (LPG) usage in the country as its use became popular as an alternative energy source especia...
THE Zimbabwe Consolidated Diamond Company's (ZCDC) stock pile of about 1,5 million carats has improved its gem or near gem quality from predominantly industrial quality by 34 percentage points followi...
WHILE Zimbabwe has the geological resource base to step up production of lithium the political risk in the country is still so great it is highly unlikely any investment for new lithium mines will flo...
ECONOMIC analysts say the best way for President Emmerson Mnangagwa's government to attract serious and long-term investment into the country is to scrap the controversial indigenisation law that has ...
THE dramatic exit of Zimbabwe's longtime ruler, Robert Mugabe, heralds a positive turn for the country's mining industry, researchers at the London-based Equities Development Limited (ED) have said.ED...
THE National Railways of Zimbabwe (NRZ) says it will sign more service level agreements with major customers next year to boost business.NRZ general manager Lewis Mukwada told NewsDay that the parasta...
CRESTA Hotels continues to undertake upgrading and renovation work at its various hotels in southern Africa, including Zimbabwe, recently completing project work at Cresta Churchill in Bulawayo and an...
FINANCIAL results for Meikles Limited published last week show the group's stores division to be ailing. The group, however, had a decent outing during the period, buoyed by the supermarkets, agricult...
PANIC buying, triggered by fears of basic commodity shortages and price hikes spurred OK Zimbabwe's revenue during the half year ended September 30, 2017, an analysis by Old Mutual Securities (OMSEC) ...
THE Zimbabwe Power Company (ZPC) and the State Procurement Board (SPB) last week rejected a tender bid by an Indian consortium, ThyssenKrupp Industries in partnership with Technofab Engineering (Priva...
Information that is circulating online is indicating that the US dollar has made its way back to the economy, TechZim reported.For some who are out of the country this may seem to be silly news, but f...
ZIMBABWE Stock Exchange listed diversified conglomerate, Meikles Limited, has disposed its financial services arm due to the worsening cash crisis in the country and stringent central bank regulations...
GOVERNMENT has said the maiden listing of the Infrastructure Development Bank of Zimbabwe (IDBZ) energy bonds provides flexibility to investors in terms of investment period and helps the bank to achi...
FINTECH microfinance institution, GetBucks says there are signs of confidence restoration as the bank has started receiving both local and diaspora deposits following the ushering in of a new dispensa...
Proposed civil service reorganisation....
ZIMBABWE's tobacco export earnings have so far reached $827.4 million rising by seven percent from $771.8 million during the corresponding period last year.The Tobacco Industry and Marketing Board (TI...