TELECOMS & TECHNOLOGY

Vodacom surprised by investigation

Vodacom is aware that the Competition Commission has launched an investigation into Government's award to Vodacom to supply mobile communication solutions, premised on the alleged abuse of dominance. ...

MINING & RETAIL

Zim tungsten project gets £3.5m boost

Implementation of the Bulawayo-based RHA Tungsten project has received a major boost after diversified miner Premier African Resources raised £3,5 million for the project.The RHA Tungsten mine is 49 ...

TELECOMS & TECHNOLOGY

Vodacom investigated for abuse of dominance

The Commission has initiated an investigation against Vodacom Group (Pty) Ltd (Vodacom) for abuse of dominance after the company secured an exclusive contract with National Treasury to be the sole pro...

FINANCIAL SERVICES

Stanbic urges uptake of insurance products

STANBIC Bank has called for greater uptake of insurance products in the country.The financial institution has since ventured into the insurance business noting that only a handful of Zimbabweans posse...

MINING & RETAIL

ZCDC to start conglomerate mining

State mining entity, the Zimbabwe Consolidated Diamond Company (ZCDC), will this month begin conglomerate mining following the near depletion of alluvial diamonds at the Chiadzwa diamond fields.Financ...

FINANCIAL SERVICES

Women's bank nears completion

The Minister of Women Affairs, Gender and Community Development, Nyasha Chikwinya says the much-awaited women's microfinance bank is now 85% complete.The first women's bank in the country set to provi...

INDUSTRIALS & ENERGY

PG Industries takeover gets regulatory approvals

Indian firm Dewei Investments PG Industries take-over is set to be completed this month after the deal received the requisite regulatory approvals.Dewei Investments last year entered into an agreement...

TRANSPORT & TOURISM

Visit Zimbabwe campaign launched

The Zimbabwe Tourism Authority (ZTA) has unveiled a Visit Zimbabwe campaign targeting three markets, in an ambitious bid to grow tourist arrivals.The campaign targets South Africa, China and Russia, Z...

MINING & RETAIL

Ex-Zisco workers get outstanding salaries

Former employees of the defunct Zimbabwe Iron and Steel Company have received part of their outstanding salaries backdated to 2009 following an agreement with Government to settle their pay arrears in...

LANDS & AGRICULTURE

Govt works on $56m fertiliser facility

ZIMBABWE is working on a $56 million facility with the African-Export and Import Bank (Afreximbank) to support importation of fertiliser for the forthcoming agriculture season.The amount would be part...

MINING & RETAIL

Zimplats pockets $14m export incentive

ZIMBABWE'S largest platinum producer, Zimplats has realised $14 million in export incentives, the company revealed in its integrated annual report for 2017.The Reserve Bank of Zimbabwe introduced a fi...

LANDS & AGRICULTURE

ZFU distances itself from FoFU

THE Zimbabwe Farmers' Union (ZFU) has distanced itself from the recently-formed Federation of Farmers Union (FoFU), a supposed amalgamation of three farmers' unions.This came amid reports that three f...

INDUSTRIALS & ENERGY

Bakers Inn targets 5% market share surge

INNSCOR Africa's bakery unit, Bakers Inn, seeks to increase its market share by 5% to 50% by the end of the year through its 2017 edition of Buy and Win promotion, which started running yesterday, an ...

LANDS & AGRICULTURE

EU in million dollar agric funding

ZIMBABWE'S ailing agricultural sector has received a timely boost after the European Union (EU) availed over $7 million towards funding the training of agricultural extension workers, as part of effor...

CONSTRUCTION & PROPERTY

Dawn Properties revenue up 23%

Dawn Properties' revenue for the six months to June 2017 jumped 23 percent to $2,278 million compared to $1,854 million on the back of improved performance from the group's hotel properties. The prope...

FINANCIAL SERVICES

Ecobank launches mVisa across African Countries

Ecobank has partnered with Visa to launch Ecobank Scan+Pay with mVisa solutions to their consumers. The strategic tie-up signals interoperability on a cross-border level - and potentially huge gains -...

Zimbabwe chrome popular in China

Zimbabwe exported over 136 000 tonnes of ferrochrome to China during the first five months of 2017, according to trade statistics just released.According to data published by ferroalloynet.com, about ...

FINANCIAL SERVICES

FMHL's RTG equity sale to boost its core assets

First Mutual Holdings Limited says the completion of the disposal of its 19,95 percent shareholding in Rainbow Tourism Group (RTG) to the National Social Security Authority (NSSA) will help the insura...

TRANSPORT & TOURISM

Fastjet welcomes move to Zim Open Skies

The Pan-African low-cost airline, fastjet has welcomed Zimbabwe Open Skies and intends to grow as Sanganai launched an initiative that creates an opportunity for international and domestic travel.Thi...

INDUSTRIALS & ENERGY

United Refineries eyes regional markets

UNITED Refineries Limited (URL) has expanded its range as a food and grocery products manufacturer, focusing on servicing local, regional as well as international markets, an official has said.URL chi...

INDUSTRIALS & ENERGY

Afdis seeks regional markets

AFRICAN Distillers (Afdis) Limited has revived its bid to seek export markets for its beverages as it moves to grow its business.Afdis manag­ing di­rec­tor, Mr Ce­cil Gombera, said his company was...

LANDS & AGRICULTURE

'Sugarcane farmers sell inputs'

Some sugarcane farmers in Chiredzi have been accused of diverting subsidised inputs from Tongaat Hullet Zimbabwe onto the market.Authorities are concerned that the farmers' activities would affect the...

CONSTRUCTION & PROPERTY

Turnall seeks to arrest earnings decline

Buildings and associated industries concern, Turnall Holdings Limited's restructuring of its balance sheet is expected to be completed this year as the group focuses on reversing earnings declines exp...

INDUSTRIALS & ENERGY

NTS to get more products from China

NATIONAL Tyre Services Limited (NTSL) will be doubling down products from China, which are at least 50% cheaper than those obtained from their usual suppliers in South Africa.NTSL experienced better r...

TRANSPORT & TOURISM

Zimbabwe offers sweetener to foreign airlines

THE government is considering waiving navigation and landing fees to lure new airlines into the destination, in an ambitious drive to grow the tourism sector.The tourism sector is considered a low han...