MINING & RETAIL

Hwange Colliery protests clock 100 days

THE protest by Hwange Colliery Company workers' spouses clocked 100 days yesterday with the women vowing to continue picketing at the firm's premises until it pays their husbands' outstanding salaries...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

Homelink avails $15m for leather industry

HOMELINK Finance has availed a $15 million facility to the leather industry in the country towards retooling and capacity building.Speaking on the sidelines of a workshop organised by the Leather Inst...

By Staff reporter | Published: 10 April 2018

TRANSPORT & TOURISM

Hotels accused of exploiting locals

VICTORIA Falls residents have accused hotels and tour operators in the country's prime resort town of exploiting locals by employing them as cheap labour, sometimes "without" pay.The town runs some of...

By Staff reporter | Published: 10 April 2018

CONSTRUCTION & PROPERTY

Zimre to turn Nicoz House into students quarters

Financial services group, ZIMRE Holdings, will soon start refurbishment works on its Nicoz House building in Selbourne Park, Bulawayo, which is being turned into living quarters for tertiary students....

By Staff reporter | Published: 10 April 2018

FINANCIAL SERVICES

Barclays restructures executive committee

Barclays Africa Group Limited yesterday announced a new structure that aligns the group's executive committee portfolio with its new strategy as the bank plans to double its market share of Africa ban...

By Staff reporter | Published: 10 April 2018

INDUSTRIALS & ENERGY

Leather sector eyes growth

THE Leather Institute of Zimbabwe (LIZ) will from today hold a three-day financial and services workshop in Bulawayo aimed at spearheading the retooling, revamping, relaunching and revival of the once...

By Staff reporter | Published: 09 April 2018

TELECOMS & TECHNOLOGY

Potraz Act to be reviewed

A POSTAL and Telecommunication Regulatory Authority of Zimbabwe (Potraz) Draft Amendment Bill is being crafted to give the entity the flexibility to keep up with fast changing technological trends and...

By Staff reporter | Published: 09 April 2018

FINANCIAL SERVICES

Old Mutual scraps payslip requirement for stand buyers

OLD Mutual Group has scrapped the requirement for payslips on potential residential stand buyers at its Pumula South and Nkulumane housing project in Bulawayo.The move seeks to cater for the growing i...

By Staff reporter | Published: 09 April 2018

LANDS & AGRICULTURE

Command Livestock registration begins

THE Government has started registering farmers under the Special Livestock, Fisheries and Wildlife Programme.Agriculture, Lands and Rural Resettlement Deputy Minister Davis Marapira confirmed that reg...

By Staff reporter | Published: 09 April 2018

TRANSPORT & TOURISM

ZTA receives grant to revive domestic tourism

The government has given the Zimbabwe Tourism Authority [ZTA] a $20 000 grant to help revive publicity associations across the country and promote domestic tourism.ZTA executive director (domestic tou...

By Staff reporter | Published: 09 April 2018

Chimata chair applauds Zim new dispensation

TORONTO Stock Exchange-listed mining group, Chimata Gold Corporation, has applauded the President Mnangagwa-led administration for taking bold steps to reform the atmosphere of doing business and attr...

By Staff reporter | Published: 09 April 2018

FINANCIAL SERVICES

NBS targets 2 000 houses in 2018

THE National Building Society wants to complete more than 2 000 houses in 2018 as the company moves to deliver affordable houses for low-income earners.The NBS scheme will see beneficiaries paying mon...

By Staff reporter | Published: 09 April 2018

TRANSPORT & TOURISM

Air Zimbabwe hit by aircraft shortages

Air Zimbabwe is battling a serious shortage of aircraft amid indications that it only has two serviceable aeroplanes, resulting in crippling flight cancellations that have dented the company's integri...

By Staff reporter | Published: 09 April 2018

MINING & RETAIL

Caledonia commits to $4m investment

Gold mining firm, Caledonia Mining Corporation has reaffirmed commitment to a $4 million investment towards exploration and metallurgical test work to its satellite properties.With an impressive gold ...

By Staff reporter | Published: 07 April 2018

TELECOMS & TECHNOLOGY

2 Telco employees electrocuted

Two Telco employees were electrocuted on Friday afternoon while installing wifi cables in Victoria Falls' Mkosana suburb with one of the of them confirmed dead upon arrival at the Victoria Falls hospi...

By Staff reporter | Published: 07 April 2018

TRANSPORT & TOURISM

Govt signs $1,2bn tourism investment deal

President Mnangagwa yesterday witnessed the signing of a Memorandum of Understanding that will unlock $1,2 billion worth of investments into the tourism and hospitality industry from a Chinese company...

By Staff reporter | Published: 07 April 2018

TELECOMS & TECHNOLOGY

Zimbabwe has one ATM with cash

Golix, Zimbabwe's first and largest cryptocurrencies exchange has broken new ground once again by acquiring the country's first ever Bitcoin ATM which comes loaded with hard United States dollars (USD...

By Nhlalwenhle Ngwenya | Published: 06 April 2018

TELECOMS & TECHNOLOGY

Mnangagwa caught up in Telecel Zimbabwe saga

PRESIDENT Emmerson Mnangagwa is caught in an invidious position in the Telecel Zimbabwe saga, as he has to choose between taking sides with his son-in-law and prominent lawyer Gerald Nqobile Mlotshwa,...

By Staff reporter | Published: 06 April 2018

TELECOMS & TECHNOLOGY

Zim to amend telecoms act to reflect ICT changes

Changes in the information and communication technologies landscape have forced the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) to draft a new bill intended to repeal the P...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

Zimplats says local listing won't work

Impala Platinum has said Zimbabwe's plan to compel mining companies to list the majority of their shares on the local exchange isn't feasible and would impede operators' ability to grow and invest in ...

By Bloomberg | Published: 06 April 2018

INDUSTRIALS & ENERGY

Mnangagwa to tour CSC Masvingo unit

PRESIDENT Emmerson Mnangagwa will in the next few weeks visit the Cold Storage Company (CSC) unit in Masvingo and also tour the defunct Mashaba Mine in Mashava, a senior ruling party official has sai...

By Staff reporter | Published: 06 April 2018

TRANSPORT & TOURISM

Rot at AirZim stumbling block to economic take-off

THAT the regrettable happenings at the national flag carrier Air Zimbabwe could derail the country's economic take-off is an open secret.The question, however, is why the authorities are failing to de...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

Kamativi lithium drilling kicks off

CANADIAN-based mineral exploration company, Chimata Gold Corp, has commenced drilling works at the Kamativi lithium project in Matabeleland North Province.The lithium deal is expected to unlock more t...

By Staff reporter | Published: 06 April 2018

INDUSTRIALS & ENERGY

Zimpapers makes senior appointments

The Zimpapers Group has made some new appointments, as the media group seeks to consolidate its position as a market leader in content generation and provision.The group is known as a content hub, whi...

By Staff reporter | Published: 06 April 2018

MINING & RETAIL

New diamond policy on cards

Government is working on a new diamond and platinum mining policy to replace the 51-49 percent shareholding requirement that regulates the two minerals.The policy, which was removed a few months ago o...

By Staff reporter | Published: 06 April 2018
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