FINANCIAL SERVICES

Agribank splashes $1m on ICT upgrade

AGRIBANK has so far spent $1,1 million on information communication technology (ICT) infrastructure hardware, as it presses ahead with efforts to ensure system stability and provide more functions for...

By Staff reporter | Published: 05 July 2018

INDUSTRIALS & ENERGY

NTS mixed sourcing pays off

National Tyre Services (NTS) says its mixed bag strategy to supplement direct sourcing with local supplies and pushing sales of premium products to improve margins has started paying dividend.This was...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

EcoCash glitches: POTRAZ seeks answers

The Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has engaged Econet to seek clarification over the breakdown of their mobile transaction platform that plunged business to a ...

By Staff reporter | Published: 04 July 2018

CONSTRUCTION & PROPERTY

Strike looms in construction sector

A crippling strike is looming in the construction sector over failure by employers to increase salaries by three percent.This follows a March 27 agreement whereby the employers made an undertaking to ...

By Staff reporter | Published: 04 July 2018

LANDS & AGRICULTURE

Zim tobacco output hit all-time high

Eighteen years after the collapse of Zimbabwe's agriculture sector in the wake of former President Robert Mugabe's land grab programme, tobacco production has hit a record 207 million kg, with black f...

By Staff reporter | Published: 04 July 2018

INDUSTRIALS & ENERGY

Colcom reverting to original pork pie

Zimbabwe's largest meat processor Colcom Foods has bowed down to public pressure and announced it is working on plans for alternative means of producing a pie that includes the aspects of the "origina...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

NetOne sues business partner over $11m SMS charges

NetOne is seeking $11 million from AfroSoft Corporation for offering SMSes through its platform without consent of the State-owned mobile phone company.The parastatal issued summons against AfroSoft o...

By Staff reporter | Published: 04 July 2018

BUSINESS NEWS

Japanese firm plots Zimbabwe return

MARUBENI Corporation, a Japan-based trading and investment conglomerate operating in a broad range of sectors, is looking to expand its activities in Zimbabwe.Speaking to NewsDay on the sidelines of t...

By Staff reporter | Published: 04 July 2018

TRANSPORT & TOURISM

Air Zimbabwe domestic monopoly ends

The government has granted low-cost airline FlyAfrica permission to fly the lucrative Harare-Bulawayo route when it resumes operating within 90 days, ending the monopoly that was enjoyed by struggling...

By Staff reporter | Published: 04 July 2018

Fire razes down NetOne shop

PROPERTY worth thousands of dollars went up in flames on Monday after a fire razed down a NetOne shop in Marondera.Residents watched helplessly as the fire engulfed the building, with the police block...

By Staff reporter | Published: 04 July 2018

INDUSTRIALS & ENERGY

German chemical firm eyes Zim

LANXESS, a German-based company specialising in manufacturing chemical products, says it is setting its sights on Zimbabwe with a view to find market for its products.Jennet Schirly, public affairs of...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

$4,2 billion platinum project takes shape

THE $4,2 billion platinum investment project in Mhondoro-Ngezi has become one of the fastest projects to be implemented under President Mnangagwa's administration, with the investor, Karo Resources of...

By Staff reporter | Published: 04 July 2018

TELECOMS & TECHNOLOGY

EcoCash glitches leave thousands stranded

THOUSANDS of Econet customers have been stranded in recent days as the popular EcoCash mobile money transfer platform has been misfiring.Subscribers have been struggling to make payments via EcoCash s...

By Staff reporter | Published: 04 July 2018

TRANSPORT & TOURISM

'Tourism prices must come down'

TOURISM and Hospitality Industry Minister, Prisca Mupfumira, says the pricing of tourism products in Zimbabwe needs to be reviewed downwards to enhance competitiveness and increase volumes.Cutting tou...

By Staff reporter | Published: 04 July 2018

TRANSPORT & TOURISM

Hotel occupancy up in Mash West

Hotel occupancy in Mashonaland West Province has risen significantly ahead of the July 30 harmonised elections to over 90 percent last week. The rate had risen to 56 percent during the first five mont...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Good times for chrome miners

Small-scale miners who account for a larger part of Zimbabwe's ferrochrome producers should more than double their production if they are to fully utilise the $1 billion stainless steel plant set to b...

By Staff reporter | Published: 04 July 2018

FINANCIAL SERVICES

Mnangagwa's govt courts Old Mutual

Government is courting insurance and property giant - Old Mutual - to supports its ambitious agricultural and housing development programmes as it seeks to revive its romance with the private sector f...

By Staff reporter | Published: 03 July 2018

TELECOMS & TECHNOLOGY

Zim missed digitalization deadline by 3 years

Zimbabwe failed to meet the International Telecommunications Union (ITU) deadline to migrate from analogue broadcasting to digital since June 2015.The digitalization project which is under the jurisdi...

By nextvafrica | Published: 03 July 2018

FINANCIAL SERVICES

NMB Bank assists orphans in Dzivarasekwa

NMB Bank last week handed over food items and cooking pots to the Dzikwa Trust, a charitable organisation in Harare's Dzivarasekwa suburb that assists and empowers orphans and vulnerable children from...

By Agencies | Published: 03 July 2018

FINANCIAL SERVICES

NMB Bank sources $15m for exporters

NMB Bank has a $15 million four-year line of credit facility available to exporters, NMB chief executive Ben Washaya told exporters attending a breakfast meeting the bank held for them on Friday last ...

By Agencies | Published: 03 July 2018

FINANCIAL SERVICES

Agribank secures $10m for agric

AGRIBANK has secured $10 million from the Egypt-based African Export-Import Bank (Afreximbank), which will be channelled towards capacitating agricultural exporters and value addition.The bank's chief...

By Staff reporter | Published: 03 July 2018

TRANSPORT & TOURISM

African Sun appoints new board chair

AFRICAN Sun Limited has appointed Mr Alex Makamure as new board chairman replacing Mr Herbert Nkala who has retired from the hospitality group.In a notice, African Sun said Mr Nkala retired from the g...

By Staff reporter | Published: 03 July 2018

FINANCIAL SERVICES

IDBZ opens new office in Bulawayo

THE Infrastructure Development Bank of Zimbabwe (IDBZ) yesterday officially commissioned its southern regional office in Bulawayo, positioning itself to adequately steer infrastructure projects across...

By Staff reporter | Published: 03 July 2018

MINING & RETAIL

Govt, Chinese investor renegotiate Kamativi deal

GOVERNMENT and Chinese investor Beijing Pinchang, who had earlier expressed interest in reviving Kamativi Tin Mine, are engaged in discussions on whether to renegotiate the deal or terminate it. In an...

By Staff reporter | Published: 03 July 2018

FINANCIAL SERVICES

Council rescinds housing deal with NBS

Harare City Council has rescinded its decision to enter into partnership with the National Building Society (NBS) to develop over 300 residential stands for low-income earners after council accused th...

By Staff reporter | Published: 03 July 2018
Pages:
9
12
...

Latest News

Latest Published Reports

Latest jobs