TRANSPORT & TOURISM

Luxurious hotel for Vic Falls

Victoria Falls will soon boast a new luxury boutique called Mbano Manor Hotel, set to be launched in the first half of 2019, the Financial Gazette reported.The driving force behind Mbano Manor Hotel, ...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Latitude to acquire lithium project in Zimbabwe

Latitude Consolidated Ltd, a mining company listed on the Australian Stock Exchange, has entered into a binding agreement to acquire a 70% interest in the Mbeta Lithium Project in Zimbabwe.Mbeta compr...

By Staff reporter | Published: 12 April 2018

TELECOMS & TECHNOLOGY

Liquid eyes more cloud services business

LIQUID Telecom has stepped up efforts to sign on more businesses to adopt Microsoft's cloud services following a partnership with the tech giant early last year.Cloud services is cloud computing, that...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

OK sees higher growth on promotion

OK Zimbabwe is targeting to grow its revenue above it "internal" inflation, spurred by the introduction its annual promotion OK Zimbabwe Grand Challenge.The 30th edition of the OK Grand Challenge runs...

By Staff reporter | Published: 12 April 2018

LANDS & AGRICULTURE

Tobacco hits $25m in sales

TOBACCO sales have reached $25.8 million from 8.9 million kilogrammes delivered at the auction floors since the start of the marketing season on March 21, official figures show.During the comparable p...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Zim to introduce contract sales for Marange diamonds

ZIMBABWE's state-owned diamond company is planning to introduce contract sales, as part of a strategy to revive operations and bring greater transparency at the Marange fields in Manicaland province.T...

By Staff reporter | Published: 12 April 2018

LANDS & AGRICULTURE

Seed Co introduces new varieties

Seed Co, Zimbabwe's biggest supplier of a variety of certified crop seeds, has introduced a new climate smart variety of maize seed known as SC 649.The new breed of maize seed (SC 649), is meant to ad...

By Staff reporter | Published: 12 April 2018

FINANCIAL SERVICES

Zimnat launches low cost life policy

Zimnat Life Assurance has launched a new low income group life product targeted at the civil service, private sector and the self-employed.The Zimnat Security Plan is a life assurance policy which pro...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

Chiwenga pledges forex to producers

Government has pledged to assist manufacturing companies with foreign currency and new equipment to boost their production capacity and ensure they generate their own foreign currency through exports....

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

Second Boeing already paid for

Government yesterday took delivery of a Boeing 777-200ER aircraft from Malaysia, which is part of an envisaged fleet of 10 aeroplanes to be managed under a new company tasked to boost the local aviat...

By Staff reporter | Published: 12 April 2018

FINANCIAL SERVICES

Industry calls for dialogue on externalization

Captains of industry and commerce have called for dialogue over accusations of foreign currency externalization by government, which resulted in the publication of a  name and shame list three we...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Implats challenges Zimbabwe listing orders

The government of Zimbabwe has outlined plans to enforce miners to list on the local exchange, but platinum producers oppose the idea as they believe it will stifle their ability to invest and grow. I...

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

FlyAfrica to start flying next week

Fledgling local airline, FlyAfrica Zimbabwe, is set to commence commercial flights on the Harare-Johannesburg and Harare-Bulawayo routes next week following several false starts last year. FlyAfrica, ...

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

Zimbabwe Airways plane touch down

The first of the four Boeing 777 aircraft bought by Zimbabwe from Malaysia has arrived in the country.The deal for the four continental aircraft is worth $70 million with the other planes set to come ...

By Staff reporter | Published: 11 April 2018

INDUSTRIALS & ENERGY

Spain eyes Zimbabwe energy sector

Spain is exploring investment opportunities in Zimbabwe's energy sector as relations between the two countries grow stronger.Zimbabwe-Spain relations are being reinforced following the coming into pow...

By Staff reporter | Published: 11 April 2018

FINANCIAL SERVICES

Agribank to deploy 10,000 swiping machines

Agribank will deploy 10 0 00 Point of Sale (POS) machines to its merchants and agencies by December 31 2018.Speaking at a media briefing, Agribank's Chief Executive Officer Somkhosi Malaba said 10 000...

By Staff reporter | Published: 11 April 2018

MINING & RETAIL

Dangote lured by coal reserves in Zimbabwe

Nigerian billionaire Aliko Dangote has renewed interest in pursuing his US$1.5bn investment in Zimbabwe, according to Naija 247 News.An advance team of geologists have been sent to Zimbabwe for 10 day...

By Staff reporter | Published: 11 April 2018

MINING & RETAIL

Caledonia meets Q1 production target

CALEDONIA Mining Corporation Plc, which owns Blanket Mine in Matabeleland South, is on track to achieving its full year output target after producing 12 924 ounces in the first quarter.The Toronto Sto...

By Staff reporter | Published: 11 April 2018

LANDS & AGRICULTURE

Tobacco farmers net $34m

The 2018 tobacco sales have reached 12, 2 million kilogrammes with growers earning $34 million in 11 days. Zimbabwe's tobacco marketing season opened on March 21 and is expected to continue until the ...

By Staff reporter | Published: 11 April 2018

TRANSPORT & TOURISM

FlyAfrica to resume Harare - Johannesburg flights

Low-cost airline Fly Africa says it is set to resume the Harare-Johannesburg flights next week and is confident of introducing other regional and international routes in the near future.The airline ha...

By Staff reporter | Published: 10 April 2018

TELECOMS & TECHNOLOGY

MTN, EcoBank in mobile banking partnership

MTN has signed an agreement to form a mobile banking partnership with Ecobank across the continent.The mobile giant says it's in line with building its mobile services business, which is an important ...

By eNCA | Published: 10 April 2018

MINING & RETAIL

Mliswa to summon Mugabe over diamond mining

A committee of lawmakers in Zimbabwe is to summon former president Robert Mugabe to testify at a probe into lost revenue from diamond mining, a legislator said on Tuesday.The lawmakers plan to questio...

By AFP | Published: 10 April 2018

MINING & RETAIL

Edgars store face closure

Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer, BusinessDay reported.At a rec...

By BusinessDay | Published: 10 April 2018

MINING & RETAIL

Zimbabwe to plug off mineral leakages

The government has stepped up efforts to plug off mineral export leakages by establishing a $1.7 million dollar project to monitor flow of resource commodities and determine their exact values.Zimbabw...

By Staff reporter | Published: 10 April 2018

MINING & RETAIL

Producers seek help to grow gold output

THE Zimbabwe Miners' Federation (ZMF) has written to the police asking for help to restore order in the artisanal gold mining sector, where the yellow metal is being illicitly traded, thereby deprivin...

By Staff reporter | Published: 10 April 2018
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