Zimbabweans in business and ordinary people have every reason to smile as government has found a solution to the resuscitation of the National Railways of Zimbabwe (NRZ).The resuscitation will be done...
Zimbabwe Stock Exchange-listed Getbucks Microfinance Bank says it is has extended mortgage loans to the tune of around $600 000 as at mid-year.The deposit-taking microfinance institution started offer...
Cairns Foods says it is eyeing the regional export market by year 2019 and 2020 as it seeks to boost its revenue streams and foreign currency earnings.Chief executive Nancy Guzha told exporters at a Z...
Zimswitch says it plans to launch two payment streams simultaneously with other Sadc countries that are expcted to complete their trial runs on a cross-border payment system by July next year .The com...
ZIMBABWE'S platinum miners are lobbying government to either scrap or defer payment of a 15% export tax on unprocessed ore as the capital-intensive industry pushes for a raft of reforms ahead of the f...
A confidence crisis is brewing over Zimbabwe's banking sector mainly driven by the gradual lo ss of value of bank balances due to the growing mismatch in the United States dollar exchange rate amid gr...
The fertiliser industry is optimistic that production will steadily increase following increased foreign currency allocation from the Central Bank, Zimbabwe Fertiliser Manufacturers spokesperson Tapiw...
CHINA'S fifth largest ferrochrome producer, Yuanda Juhua, is exploring opportunities to build smelters in Zimbabwe to secure raw materials for its business.Three senior officials from the Yuanda Juhua...
THE revival of Ziscosteel will cut $350 million worth of steel imports and generate in excess of $1 billion in export earnings, Industry and Commerce Minister Dr Mike Bimha said yesterday.Responding t...
Zimbabwe will proceed with plans to levy 15 percent on raw platinum exports starting next year, if producers fail to comply with Government policy and directive for miners to build beneficiation facil...
A SOUTH Korean delegation is in the country doing market research on bankable power projects, with the aim of initially investing in a 100 Megawatt (MW) plant, The Financial Gazette has learnt.Zimbabw...
BRICK manufacturing company, Willdale, has seen a spike in business as Zimbabweans, fearing a return to hyperinflation, rush for safe investments, the company's chief executive officer, Nyasha Matonda...
ZIMBABWE'S gold mining firms are planning to ramp up production in the next few years at a time the majority of companies in the country are struggling due to a deteriorating economic environment.This...
The Postal and Regulatory Authority of Zimbabwe (Potraz) has challenged the developed world to assist developing countries to meet the universal health coverage targets by 2030. Universal health cover...
Sable Chemicals' coal bed methane project is moving at a snail's pace as the company still awaits the mineral exploration for the Lupane deposits.Sable Chemicals chief executive, Mr Bothwell Nyajeka, ...
LESS than half of the funeral assurance companies had minimum capital below the required threshold of $1,5 million as of end of June 2017, a new report has shown."As at 30 June 2017, four funeral assu...
THE country's sole Ammonium Nitrate (AN) manufacturer, Sable Chemical Industries, is targeting to produce about 120 000 tonnes of fertiliser this year to bolster stocks for the summer cropping season....
GIANT retailer, Pick n Pay, says its Zimbabwe associate TM Supermarkets' performance boosted the group's half year revenue for its Rest of Africa division, which increased by 12.6 percent to R2.3 bill...
MICRO Finance Institutions (MFIs) in Manicaland have registered a reduction in the rate of non-performing loans due to tighter lending methods implemented by the sector following the reduction of inte...
MINES and Mining Development Minister Walter Chidhakwa has taken advantage of the ongoing bi-annual Dubai Diamond Conference to invite international diamond buyers to tender for Zimbabwean diamonds wh...
A Command Agriculture wheat crop worth an estimated $15 000 was last week razed by fire, suspected to have been started by illegal settlers, who are angling to take over Amalinda Farm in Murombedzi, M...
Zimbabwe's Avian Influenza-ravaged poultry can be revived if Government allows more suppliers to import hatching eggs, players in the sector have said.Over the past few months, the local poultry indus...
The funeral assurance industry saw its gross written premiums jump 13 percent to $80.3 million in the first half of 2017 compared to the same period last year as demand for its services remain high, t...
Gold deliveries to Fidelity Printers have hit 12,09 tonnes mark in the first seven months of the year, with deliveries by small-scale miners increasing 7,8 percent to 1 127,5 kg in July from 1 045,9kg...
Banking sector capitalisation increased to $1,24 billion by end of June 2017 from $1,22 billion recorded in the first quarter.Parliament's Budget Office (PBO) said all the banking institutions were ad...