TRANSPORT & TOURISM

Hospitality Association of Zimbabwe signs two MoAs

The Hospitality Association of Zimbabwe (HAZ) today signed memorandum of agreement with two local firms to improve service delivery while promoting the human resource development of staff in the indu...

By Staff reporter | Published: 21 October 2013

MINING & RETAIL

'Ziscosteel progressing towards re-opening,' says Bimha

Government is making progress to ensure that the New Zim Steel (formerly Ziscosteel) is operational by end of year, Industry and Commerce Minister Mike Bimha said yesterday.Minister Bimha was respondi...

By Staff reporter | Published: 21 October 2013

MINING & RETAIL

ZimAlloys produces 2 000 tones of chrome

Ferrochrome producer, Zimbabwe Alloys Chrome Limited yesterday said it produced 2 000 metric tonnes of the metal in the first nine months of the year.The mining firm's shareholders this year injected ...

By Staff reporter | Published: 21 October 2013

INDUSTRIALS & ENERGY

Zesa calls for automation of national control centre

ZESA National Control Centre should be fully automated to allow for efficient and effective load shedding management.The NCC, which is connected to all the power generating plants, is used to monitor ...

By New Ziana | Published: 21 October 2013

FINANCIAL SERVICES

Levels of non-performing loans surge

Nyanga - THE level of non-performing loans in the banking sector has risen from average of 0,3 percent in March 2009 to an unhealthy average rate of 13,8 percent by March this year, the Zimbabwe Econo...

By Staff Reporter | Published: 18 October 2013

MINING & RETAIL

Murowa Diamond production up

Diamond production at Murowa mine rose marginally to 279 000 carats during the first nine months of the year from 277 000 carats mined in the corresponding period last year, parent company Rio Tinto ...

By Staff Reporter | Published: 21 October 2013

TELECOMS & TECHNOLOGY

Telecel scoops various customer care and marketing excellence awards

Telecel Zimbabwe was last week, for the second year running, presented with the Best Call Centre Award at the Contact Centre Association of Zimbabwe (CCAZ) Customer Service Excellence awards ceremony...

By Mike Hamilton | Published: 21 October 2013

TRANSPORT & TOURISM

Govt injects $4m into NRZ

GOVERNMENT has injected $4 million into cash-strapped National Railways of Zimbabwe (NRZ) towards the rehabilitation of the rail network throughout the country.The funding would help restore viabili...

By Staff reporter | Published: 21 October 2013

INDUSTRIALS & ENERGY

SPAR de-merger gains traction

Conglomerate Innscor Africa Limited has begun formal talks for the acquisition of the Western Region SPAR franchise from tycoon, Ray Kaukonde, himself a major shareholder in the cash-rich retail and...

By Staff reporter | Published: 21 October 2013

MINING & RETAIL

Kasukuwere evicts 15 gold miners

Fifteen gold miners in Mashonaland Central province are protesting Environment, Water and Climate minister, Savior Kasukuwere's decision to evict them from their operations.The gold miners, who say ...

By Staff reporter | Published: 17 October 2013

LANDS & AGRICULTURE

CFU raises red flag on farmers' debt

The Commercial Farmers' Union has warned that Zimbabwe's agriculture may be starved of long-term capital should the government force local banks to freeze debt owed by farmers to financial institution...

By Staff reporter | Published: 17 October 2013

TRANSPORT & TOURISM

Namibia investors eye Zim tourism industry

The Zimbabwe National Chamber of Commerce will next week host the Zimbabwe Namibia business forum which is expected to foster trade and investment promotion activities between the two countries. The ...

By Staff reporter | Published: 17 October 2013

MINING & RETAIL

Zimbabwe urged to explore new mineral deposits

GOVERNMENT and the private sector need to work together to promote the exploration of new mineral deposits, the Chamber of Mines of Zimbabwe has said. CoMZ chief executive Mr John Chikombero said disc...

By Staff reporter | Published: 17 October 2013

MINING & RETAIL

Hwange in bid to double coal output

HWANGE Colliery Company Limited has invited bids for the provision of contract mining services as the coal mining firm seeks to more than double production. Contract mining is engagement of a third-p...

By Business Reporter | Published: 17 October 2013

FINANCIAL SERVICES

Zimbabwe softens stance on banks indigenisation

GOVERNMENT has softened its stance on the indigenisation of banks, saying the institutions will not be required to immediately turn over their majority stakes to indigenous Zimbabweans.In a marked cha...

By Staff reporter | Published: 17 October 2013

TRANSPORT & TOURISM

Zupco return to viability on course

State-owned bus operator, the Zimbabwe United Passenger Company (ZUPCO) says it has achieved targets for its 3-year strategic plan as part of an ongoing recapitalisation drive.ZUPCO is on a recapital...

By Staff reporter | Published: 16 October 2013

MINING & RETAIL

Buildtech rebrands, expands

A Bulawayo retailer specialising in building material and industrial products is expanding its operations by opening more branches. Formerly known as Buildtech Building and Industrial Merchants, the c...

By Business Reporter | Published: 16 October 2013

INDUSTRIALS & ENERGY

Delta Beverages volumes up 4%

Delta publishes trading update for the second quarter ending September 30 saying consumer demand has remained generally soft, a trend that has been evident since the beginning of the calendar year. A...

By Business reporter | Published: 16 October 2013

INDUSTRIALS & ENERGY

10% ethanol blending begins

The new mandatory 10 percent  blending of ethanol with petrol has started today (Tuesday) with experts assuring the motoring public that no damages will be experienced as the fuel is compatible t...

By Staff reporter | Published: 15 October 2013

TRANSPORT & TOURISM

Emirates takes customer service to a higher level in Zimbabwe

Emirates, which flies daily from Harare to Lusaka and Dubai, has been voted the best airline at this years' Service Excellence Awards in Zimbabwe - the second local award for the airline in the three...

By Staff reporter | Published: 15 October 2013

INDUSTRIALS & ENERGY

Zim takes steps to rectify chronic power shortages

Zimbabwe Electricity Supply Authority subsidiary, the Zimbabwe Power Company (ZPC), says it is close to finalising a deal with China Export and Import Bank for the expansion of Kariba's South hydropo...

By Staff reporter | Published: 15 October 2013

TELECOMS & TECHNOLOGY

EcoCash surpasses $1 billion mark

MORE than $1 billion exchanged hands through the Econet Wireless mobile payment platform in the first nine months to September as the country's formal banking sector pushes for more financial inclusio...

By Staff reporter | Published: 15 October 2013

INDUSTRIALS & ENERGY

Millers bemoan influx of cheap flour imports

The Grain Millers Association of Zimbabwe says at least 20 of its members have been forced to close shop during the past 12 because of competition from the uncontrolled importation of cheap flour.Ac...

By Staff reporter | Published: 14 October 2013

MINING & RETAIL

$2bn required to build a platinum refinery in Zim

The Platinum Producers Association of Zimbabwe has completed a study on the feasibility of building a platinum refinery in Zimbabwe.The study was carried out in response to calls from the government ...

By Staff reporter | Published: 14 October 2013

MINING & RETAIL

Hwange Colliery workers down tools

Hwange Colliery workers have gone on strike demanding overdue salaries, a week after their spources demonstrated, Zimbabwe Focus reported.More than 100 wives of Hwange Colliery Company Limited (HCCL...

By Staff reporter | Published: 14 October 2013

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