KWEKWE and Redcliff residents are optimistic that the incoming President, Emmerson Mnangagwa, would spearhead the revival of Ziscosteel and bring the two towns back to life.Redcliff Mayor Councillor F...
Listed sugar refinery firm, starafrica corporation, has increased production capacity of crystalised sugar by 50 percent to 450 tonnes a day from 300 following the completion of its secondary plant up...
AIM-traded multi-commodity mining and resource development company Premier African Minerals Limited has raised around £1 million for the advancement of its partly-owned Zulu lithium project in Zimbab...
Schweppes Zimbabwe says it is targeting to build an additional tomato puree plant in 2017 to boost its output, and to enhance its exports into the region.Currently, Schweppes Zim's exports of tomato p...
South Africa-headquartered cement producer PPC Limited's board has rejected an offer by Fairfax Africa Investments to buy a stake in the company.The rejection has basically put an end to a merger prop...
THE end of President Robert Mugabe's lengthy rule, through a calculated military intervention, could prove a boon for the country's platinum-group metals, mining experts have said.Zimbabwe, the world'...
State-owned mobile telecommunications firm, NetOne, has reduced tariffs for its OneFusion package as a response to the growing calls by subscribers for affordable data tariffs in line with regional tr...
Stakeholders in the health sector are pushing for healthcare fraud laws to curtail costs that are shooting through the roof as a result of underhand dealings crippling the industry.Zimbabwe is already...
THE huge amounts of money held by Zimbabweans in foreign banks are a sign of the low confidence people have in the banking system, the Bankers Association of Zimbabwe president, Charity Jinya, has sai...
AIR Zimbabwe (AirZim) chief executive officer (CEO), Ripton Muzenda has been fired from the airline on charges of incompetence after refusing to implement a $2,4 million retrenchment programme as dire...
Zimbabwe must act quickly to dig its economy out of a hole and access international financial aid, the International Monetary Fund has warned.Government spending and foreign debt are too high and it n...
Financial services provider POSB, has embarked on a skills audit exercise as part of its restructuring programme, according to an internal memo seen by The Herald Business.The exercise-being conducted...
Zimphos is set to complete its plant facelift as the company expects an additional $2,2 million from Reserve Bank of Zimbabwe in addition to the $5 million that has already been disbursed.During a tou...
Zimbabwe's exports of key minerals rose 31,5 percent in the 10 months to October this year, driven by an increase in high carbon ferrochrome and chrome ore sales. The value of export receipts reached ...
Zimbabwe has expressed interest to expand economic ties with India, one of the world's fastest growing economies. Currently, the bilateral trade between India and Zimbabwe is a modest $133 million, ac...
Powertel Communications has launched a state-of-the-art communication solution for vehicle tracking and fleet management under its broad product category of Internet of Things (IOT). The new innovatio...
THE country's cost of liquidity, power, labour, water, transport and finance are abhorrent to competitiveness, a new report has shown.According to the Zimbabwe National Competitiveness Report (ZNCR) r...
COOKING oil producers have approached the central bank asking to be allowed to sell some of their products for cash in foreign currency to be able to import raw materials.Oil Expressers Association of...
ZIMBABWE'S largest beverage maker, Delta Corporation's legal battle to get interest of close to $700 000 on charges of underestimated taxes from state revenue collector Zimra rages on with the High Co...
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...
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Employment Opportunities at Oxfam in Zim