Tickets for Proflight Zambia's new route between Harare and Lusaka go on sale from today (June 12) ahead of the launch of the service on July 9, 2018.The airline will fly four times a week, on Monday...
A RENEWED ownership wrangle has erupted over the country's third-largest mobile network operator, Telecel Zimbabwe, following the return of self-exiled businessman and co-founder James Makamba after...
Zimbabwean banks - which include units of Standard Bank, Nedbank and Standard Chartered - are facing challenges in sourcing lines of credit, and this has seen their foreign liabilities declining, poin...
China's unlisted Tsingshan Holding Group on Monday signed a $1 billion outline agreement with Zimbabwe to build a steelmaking plant there after completing a feasibility study.President Emmerson Mnanga...
Africa Trade Insurance Agency (ATI) says it will double its insurance cover on Zimbabwe to $500 million this year amid increased interest from investors.Zimbabwe became a member of ATI last year with ...
BARCLAYS Bank Zimbabwe (BBZ) has announced plans to change its name to First Capital Bank Limited following the financial institution takeover by First Merchant Bank of Malawi last year.Last October, ...
STATE-owned mobile telecommunications firm, NetOne, has come up with a programme to capacitate 500 Small to Medium Enterprises (SMEs) across the country and help them create jobs in the next few month...
Dutch airline KLM Cargo now flies four times a week into Harare, with Netherlands Ambassador to Zimbabwe Mrs Barbara Van Hellemond yesterday saying she was hopeful trade between the two countries woul...
In a drive to increase domestic tourism, the Zimbabwe Tourism Authority has engaged comedians to tour various destinations, marketing them on social media. The project commenced last week with veteran...
The Infrastructure Development Bank of Zimbabwe (IDBZ) raised $26,6 million in 2017 for housing projects across the country, as it pressed ahead with its mandate of infrastructure financing. This come...
Tobacco farmers have grossed $515,1 million from 177,8 million kilogrammes that have been delivered 52 days into the 2018 marketing season, a gain of more than $95 million on revenues realised during ...
Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent to $2 million on product range expansion and availability. Turnover jumped 55 per...
OCCUPANCY rates for Zimbabwean hotels have risen significantly since beginning of the year on the back of growing confidence in Zimbabwe after President Mnangagwa was sworn into office in November las...
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according ...
Shareholders of the Zimbabwe Iron and Steel Company (Ziscosteel), will hold an extraordinary general meeting on June 28, to approve a transaction that will see the steelmaker's assets sold to Chinese ...
FULL lithium production at Kamativi Mine is expected to begin by June next year with investors saying exploration of the mineral at the defunct mine has been completed.In March this year, Jimbata, a w...
GOVERNMENT will not appoint new boards for Zesa subsidiaries after the expiry of their terms today (June 11, 2018) in line with reforms taking place in State-owned enterprises and parastatals, a Cabin...
Econet Wireless has reportedly blocked agent lines for some of its clients over alleged hoarding and selling of cash. Affected Econet agents who spoke to The Herald in Kwekwe and Gweru said they were ...
Listed clothing retailer Edgars Stores Limited's turnover for the first quarter to April 2018 grew 37 percent from the comparable prior year and was 10 percent above budget. After-tax profit was howev...
BARCLAYS Bank Zimbabwe has given the Zimbabwe Farmers' Union (ZFU) $70 000 for the "Fit for Life" programme, which aims to contribute to financial inclusion and food security, up-skill, educate and im...
THE production of hatching eggs in Zimbabwe is projected to remain depressed until the last quarter of this year, necessitating the continued high dependence on imports to satisfy demand for day-old c...
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has defended the central bank's decision to ban cryptocurrency transactions and accused a local dealer of exposing the country, money-laundering, ...
MOBILE telecommunications giant NetOne is set to secure a $71 million loan facility from China Exim Bank for the upgrading of its infrastructure within the next three months, an official said.NetOne c...
Government will soon announce new tariffs for the mobile telecommunications sector, and plans are underway to begin imposing hefty fines on industry players that offer substandard services such as dro...
Government is expected to save $100 million through substituting a significant portion of wheat imports as it forecasts to produce between 180 000 metric tonnes (MT) and 200 000 (MT), which is half th...