TRANSPORT & TOURISM

Cresta Churchill's $700 000 new look

Regional hospitality group Cresta Hotels has re-launched its Cresta Churchill hotel in Bulawayo after completing a $700 000 refurbishment that was focused principally on its accommodation offering, bu...

By Staff reporter | Published: 05 May 2018

FINANCIAL SERVICES

Accountants issue TBs warning

Chartered Accountants have warned of the need to put parameters guarding against Treasury Bills (TBs) losing their intrinsic value.TBs are used by government when borrowing from the domestic market to...

By Staff reporter | Published: 04 May 2018

BUSINESS NEWS

Masiyiwa gets 3 broadcasting licences

TELECOMMUNICATIONS mogul and Econet Wireless founder, Strive Masiyiwa's relationship with President Emmerson Mnangagwa's administration seems to have hit new heights after he announced he had been awa...

By Staff reporter | Published: 04 May 2018

LANDS & AGRICULTURE

'Zim left with wheat reserves for 90 days'

GRAIN Millers' Association of Zimbabwe (GMAZ) will next week send a 12-member delegation to Canada to sign a 200 000-tonne wheat deal, amid reports that the country's granary is depleting.Addressing j...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Unki imports bricks from China

A UNIT of Anglo American Corporation, Unki, has imported bricks from China to repair its furnace as there are no local suppliers, NewsDay reported.The consignment of 98 tonnes of refractory bricks cam...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Protesting Hwange women appeal to Mnangagwa

HWANGE Colliery workers' wives yesterday called on President Emmerson Mnangagwa to urgently solve their dire situation in the same manner the people of Zimbabwe marched in solidarity with him to remov...

By Staff reporter | Published: 04 May 2018

TRANSPORT & TOURISM

Zimbabwe tourism on the rebound, says Mupfumira

TOURISM minister Priscah Mupfumira has applauded the new dispensation, ushered in by the military for setting the tourism industry on the rebound.Mupfumira made the remarks yesterday in Victoria Falls...

By Staff reporter | Published: 04 May 2018

TRANSPORT & TOURISM

Shearwater plans nationwide budget lodges

TOUR operating company Shearwater Adventures has set aside more than $30 million to construct budget lodges countrywide, chairman, Mr Mike Davis, has said.Yesterday the firm commissioned its Explorers...

By Staff reporter | Published: 04 May 2018

TELECOMS & TECHNOLOGY

Econet gets broadcasting licence

GOVERNMENT has awarded Econet Media a broadcasting licence allowing the giant telecoms firm to offer web casting, content distribution and video on demand services."Take notice that Econet media has b...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Hwange Colliery woes frustrate Zimchem

OPERATIONAL challenges at Hwange Colliery Company Limited have hit hard on Zimbabwe Chemical Refineries (Zimchem), which is struggling to procure critical raw materials to produce solvents and coal ta...

By Staff reporter | Published: 04 May 2018

LANDS & AGRICULTURE

Tobacco merchants face prosecution

In an unprecedented move, farmer representative bodies are combining efforts to bring to book tobacco contracting firms that are allegedly prejudicing tobacco farmers of millions of dollars, The Heral...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Zimplats up scales CSR

Platinum mining giant, Zimplats has completed a major facelift of Kadoma General Hospital to the tune of over $1 million. The refurbishment of the hospital is expected to boost service delivery which ...

By Staff reporter | Published: 04 May 2018

TRANSPORT & TOURISM

Safari operators record 5% upturn in revenues

SAFARI Operators Association of Zimbabwe (Soaz) has registered a 5% growth in revenue in the first quarter of 2018 on the back of improved country perception and lifting of the ivory ban, businessdige...

By Staff reporter | Published: 04 May 2018

LANDS & AGRICULTURE

Disease, forex shortage cripple dairy farmers

DAIRY production in the first quarter of 2018 has been hampered by the shortage of foreign currency and the prevalence of tick -borne diseases, businessdigest has learnt.Zimbabwe Association of Dairy ...

By Staff reporter | Published: 04 May 2018

TRANSPORT & TOURISM

Air Zimbabwe tables debt strategy

Air Zimbabwe (AirZim) board has approached government with a proposal to assume its huge debt overhang accrued from various quasi-government entities, as the struggling state-owned enterprises moves t...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Zimbabwe sweetens mining deals

President Emmerson Mnangagwa's government is offering a number of incentives to international investors who want to invest in the country's mining sector as a way of jump-starting the nation's struggl...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Govt probes Anjin asset-stripping

GOVERNMENT has launched an investigation into how former diamond miner Anjin Investments was looted and stripped of assets worth millions of dollars during the two years it has not been operating afte...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Vast resources eyes diamond mining in Zim

AIM-listed junior miner Vast Resources Plc has partnered Botswana Diamond Plc to seek opportunities in diamond exploration in Zimbabwe.This follows the signing of a memorandum of understanding between...

By Staff reporter | Published: 04 May 2018

INDUSTRIALS & ENERGY

Forex shortage threatens Delta's maheu product

DELTA Corporation says the viability of its Shumba Maheu business unit with a monthly turnover of over US$1 million is being threatened by the scarcity of foreign currency required to import packaging...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Shabanie Mine de-watering on course

A de-watering exercise at former asbestos mining giant, Shabanie and Mashaba Mines Holdings (SMM), is expected to be complete by the first quarter of next year as it seeks to restore underground acces...

By Staff reporter | Published: 03 May 2018

TRANSPORT & TOURISM

Zimbabwe Railway benefits from ZIMREF

Zimbabwe's transport sector is one of the beneficiaries of the Zimbabwe Reconstruction Fund (ZIMREF) a World Bank managed multi- donor Trust Fund. One of the goals of ZIMREF is to create an enabling e...

By Staff reporter | Published: 03 May 2018

MINING & RETAIL

Zimplats profits up as platinum prices firm

Zimbabwe's platinum mining sector is benefitting from a rebound in global commodity prices, with the nation's biggest producer of the metal, Zimplats, registering a 58 percent growth in profits.The in...

By Staff reporter | Published: 03 May 2018

MINING & RETAIL

Zim to sign $700 million coal-bed methane deal

Zimbabwe’s government plans to sign a $700 million deal with an investor that will develop a coal-bed methane site, Mines Minister Winston Chitando said.The accord comes as new President Emmerson Mn...

By Staff reporter | Published: 03 May 2018

TRANSPORT & TOURISM

fastjet maintains punctuality in Q1

Low cost carrier, fastjet, ended the first quarter of 2018 with an on-time performance of 90% across its network, underlining its reliability and punctuality.The airline operates in Tanzania, Zimbabwe...

By Staff reporter | Published: 03 May 2018

CONSTRUCTION & PROPERTY

Zimre begins work on $13m Victoria Falls complex

ZIMRE Properties has started construction of its $13 million mall in Victoria Falls following approval by council.The local authority which is looking forward to similar investments in the resort town...

By Staff reporter | Published: 03 May 2018
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