THE Cotton Company of Zimbabwe (Cottco) plans to put a minimum of 100 000 hectares across the country under commercial cotton farming with the sector poised to generate a minimum of US$1 billion annua...
LEADING beverages maker, Delta Corporation, has consolidated its stake in African Distillers Limited (Afdis) after acquiring 50,1 percent share ownership, management has said. Delta Southern Region ge...
INDUSTRY and Commerce Minister Mangaliso Ndlovu has blamed the private sector for frustrating the success of the interbank foreign currency market by shifting goal posts and blaming Government for the...
Air Zimbabwe engineers have launched investigations into the cause of an engine malfunction that resulted in a "brief" tail pipe fire on its Boeing 767-200ER on its way from Johannesburg, South Africa...
Air Zimbabwe has assured the nation and the international community of its commitment to the safety of passengers despite its only aircraft, the Boeing 767 200 ER had a fire spark mid-air on Fri...
THE unbundling of the Grain Marketing Board (GMB) under the Government's public enterprise reform programme is already paying dividend, with Silo Food Industries realising high profits from small grai...
MUROWA Diamonds has started exploration for gems in Sese communal lands in Chivi in Masvingo province where the firm has nearly 200 claims. Murowa mines diamonds in Zvishavane in the Midlands but has ...
LISTED technology services firm, Cassava Smartech Zimbabwe, has challenged manufacturing industries in the country to embrace digital platforms and modern ways of doing business to match global trends...
Small-scale gold producers in Masvingo province have welcomed the recent price increase of the yellow metal on the world market and pleaded with Fidelity Printers and Refiners (FPR) to localise the in...
AGRICULTURE development bank, Agribank says it expects to attain US$100 million capitalisation by January 2020, predominantly for agriculture financing and development. This development comes on the b...
Stakeholders in the mining industry will in June convene in London for the third annual Arab African Mining Conference Exhibition where Zimbabwe is anticipating to strike mega deals for the mining sec...
ONE of the country's largest petroleum companies, Total Zimbabwe has infuriated a number of its dealers, who are alleging that the company is willy-nilly changing the terms of their contracts.The deal...
METBANK has announced the appointment of a new chairperson who takes over from Wilson Manase whose tenure has expired.In a statement, the bank said Darlick Marandure took over from Manase in June 2018...
Since the beginning of the tobacco marketing season on March 20 this year, the disappointment by expectant farmers continues to grow by the day.A toxic cocktail of low prices - despite an arguably qua...
Zimbabwe's real estate sector is under immense pressure to review rentals in response to the country's deteriorating economy, which has resulted in rising operating costs, defaults and voids.First Mut...
Mobile network operators became the latest sector to increase prices for their products with an upward adjustment of tariffs for broadband services following the floating of the country's local curren...
Twelve private companies that have cumulative investment portfolios worth more than $1,8 billion have been licensed to operate ventures ranging from mining to beverage manufacturing in specially desig...
Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country's platinum sector as scores of local and foreign investors ...
ONGOING efforts to turnaround the operations of Air Zimbabwe have received further boost following revelations that Government recently extended the dispensation for the national air carrier to import...
CORPORATE 24 Medical Aid has launched a new package meant for low-income earners called Ndine Plan.The medical aid package has three plans - Gold, Standard and Lite - which are meant for different seg...
AFRICAN Sun says it recorded a 110 percent increase in profit to $ 10,135 million during the year ended December 31, 2018 compared to $4,816 million achieved in prior period driven by both an increase...
At least 29.3 million kilograms of tobacco worth about 51.1 million U.S. dollars have been sold so far at auction and contract floors as the marketing season is moving slowly due to pricing concerns b...
STANDARD Chartered Bank Zimbabwe (Stanchart) has posted a 38% increase in profit-after-tax to US$18,36 million in the full year ended December 31, 2018, driven by the bank's digitisation strategy.The ...
AGRIBANK has availed a US$6 million facility to livestock farmers as part of efforts to boost livestock production across the country. The financial institution has said it is targeting beneficiaries ...
LEADING mobile network operator Econet Wireless is back at the Zimbabwe International Trade Fair (ZITF) this year showcasing its growing range of smart consumer and business products to an even wider ...