LANDS & AGRICULTURE

Lifeline for white Zimbabwean farmers

WHITE commercial farmers who did not vacate their farms during the fast-track land reform should regularise their stay on those farms to enable them to access 99-year leases.Chairperson of the Zimbabw...

By Staff reporter | Published: 24 May 2018

TRANSPORT & TOURISM

UNWTO boosts for Zim tourism

The United Nations World Tourism Organisation (UNWTO) has pledged to back the ongoing identification and enshrinement of Zimbabwe's cultural and historical sites to help revive the tourism sector whic...

By Staff reporter | Published: 24 May 2018

TELECOMS & TECHNOLOGY

TelOne in client service campaign

DIVERSIFIED telecommunications firm, TelOne, has launched a client experience improvement campaign through which it is rallying staff members to deliver top-drawer services to clients.The move is aime...

By Staff reporter | Published: 24 May 2018

INDUSTRIALS & ENERGY

ZPC needs $43m for Deka project

The Zimbabwe Power Company (ZPC) now needs $48 million to finance construction of the Deka Water Pipeline project, which supplies cooling water to Hwange Power Station, after an independent review of ...

By Staff reporter | Published: 24 May 2018

TELECOMS & TECHNOLOGY

Zim embarks on broadband connectivity upgrade

ZIMBABWE'S sole fixed telephone operator, TelOne, has embarked on converged network upgrade aimed at enabling customers realise faster broadband connectivity.The state-owned fibre-optic operator said ...

By CAJ News | Published: 23 May 2018

LANDS & AGRICULTURE

FSG questioned over $69m fertiliser deal

FERTILISER, Seed Grain (FSG) managing director, Steve Morland was yesterday questioned by Parliament over how his company got the contract to supply fertiliser to the presidential input scheme, with l...

By Staff reporter | Published: 23 May 2018

MINING & RETAIL

Chrome ore spurs minerals sales

MINERAL sales by volume increased by 29% to 592 179 metric tonnes (mt) in the first four months of the year, with most minerals registering a growth, statistics from the Minerals Marketing Corporation...

By Staff reporter | Published: 23 May 2018

INDUSTRIALS & ENERGY

Call for scrap metal exports ban

SCRAP METAL exports have seriously curtailed industrial production of gold processing equipment and spare parts produced by local foundries, manufacturers in the sector have said.Local foundries have ...

By Staff reporter | Published: 23 May 2018

TELECOMS & TECHNOLOGY

Nasty fight rocks Telecel

A NASTY fight has erupted in Telecel Zimbabwe as it emerged that one of the shareholders and Empowerment Corporation (EC) chairman, James Makamba, is allegedly trying to push out prominent lawyer Gera...

By Staff reporter | Published: 23 May 2018

FINANCIAL SERVICES

Banking sector demands 60% pay rise

WORKERS in the banking sector are demanding a 60 percent salary increase and have given their employers a two-week ultimatum after which they will go on strike if their demands are not met.In a letter...

By Staff reporter | Published: 23 May 2018

MINING & RETAIL

Govt moves to privatise ZMDC

GOVERNMENT has expressed concern over dysfunctional mining assets under the Zimbabwe Mining Development Corporation (ZMDC) and has opened a public tender inviting investors to take over the mines.Mine...

By Staff reporter | Published: 23 May 2018

INDUSTRIALS & ENERGY

Surface Wilmar eyes Cottco

Surface Wilmar Group Zimbabwe is set to acquire a 50 percent stake in the Cotton Company of Zimbabwe (Cottco) and has plans to immediately invest $100 million in the agro-industrial firm.Surface is a ...

By Staff reporter | Published: 23 May 2018

TELECOMS & TECHNOLOGY

BAZ to increase TV, Radio service coverage

The Broadcasting Authority of Zimbabwe (BAZ) is working on increasing radio and television service coverage from the current 55 percent to 80 percent countrywide under the premise of the digital migra...

By Staff reporter | Published: 23 May 2018

INDUSTRIALS & ENERGY

$3,5m plant for Splash Paints

SPLASH Paints and Plastics has invested in a state of art machinery valued at $3,5 million in line with the country's economic revival strategy, President Mnangagwa has said.Reading the speech on beha...

By Staff reporter | Published: 23 May 2018

MINING & RETAIL

Lack of exploration unsettles Zim govt, miners

GOVERNMENT has raised concerns over lack of investment into exploration in mining amid palpable fears that without new mineral discoveries, the future of the sector was uncertain and unsustainable.Min...

By Staff reporter | Published: 23 May 2018

FINANCIAL SERVICES

NMB Bank opens sub-branch in Bindura

NMB Bank has opened a sub-branch in Bindura to provide existing and potential customers in Mashonaland Central with ready access to its banking services and products. The sub-branch opened for busines...

By Staff reporter | Published: 23 May 2018

MINING & RETAIL

$4.2bn platinum deal on schedule

Establishment work on the US$4.2 billion deal with Cyprus-based Karo Resources towards a platinum project in Zimbabwe is on schedule with the ground breaking ceremony for the venture expected end of n...

By Staff reporter | Published: 22 May 2018

TRANSPORT & TOURISM

Zimbabwe grants RwandAir fifth freedom rights

Aviation authorities in the country have been applauded for granting fifth freedom rights to RwandAir following the airlines flight route that connects Kigali and Capetown via Harare.The Zimbabwe Tour...

By Staff reporter | Published: 22 May 2018

FINANCIAL SERVICES

NMB named among top 200 brands

NMB Bank was named as one of the top 200 brands in the Marketers' Association of Zimbabwe Superbrands selection process at an event held at the Crowne Plaza Hotel last Friday (May 18).The top 200 bran...

By Agencies | Published: 22 May 2018

FINANCIAL SERVICES

Experts address Zimnat trade credit conference

A high level conference on the role of trade credit insurance in promoting and supporting increased trade will be held on June 8 at Cresta Lodge in Harare.The conference, which has been organised by t...

By Staff reporter | Published: 22 May 2018

FINANCIAL SERVICES

IPEC boss Karonga resigns

Insurance and Pension Commission (Ipec) commissioner Tendai Karonga has resigned after falling out with the regulator's board.This comes, just over a year after he took over from Marnet Mpofu who left...

By Staff reporter | Published: 22 May 2018

TELECOMS & TECHNOLOGY

NetOne set to get $71m loan

State-owned mobile operator NetOne is close to securing the release of the $71 million loan facility from China Exim Bank to construct and upgrade base stations countrywide.Speaking at the sidelines o...

By Staff reporter | Published: 22 May 2018

FINANCIAL SERVICES

Banks discontinue manual RTGS payments

A NUMBER of financial institutions in Zimbabwe have discontinued manual real-time gross settlement (RTGS) payments, as they go paperless, banking on increasing their efficiencies.Some of these banks i...

By Staff reporter | Published: 22 May 2018

FINANCIAL SERVICES

Old Mutual sets up dividend access trusts

OLD Mutual Limited has established dividend access trusts in Malawi, Namibia and Zimbabwe following the restructuring of the Old Mutual plc group of companies.The managed separation process will see t...

By Staff reporter | Published: 22 May 2018

FINANCIAL SERVICES

Bank employees threaten strike

Workers in the banking sector have issued a two-week ultimatum to their employers demanding a 60% salary increase or they will embark on a strike.The workers, represented by the Zimbabwe Banks and All...

By Staff reporter | Published: 22 May 2018
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