TRANSPORT & TOURISM

Zimbabweans top SA tourist arrivals

ZIMBABWE contributed up to two million tourists to South Africa in 2017, becoming the largest source of African visitors to the neighbouring country, a report has shown.Highlights from a recent report...

By Staff reporter | Published: 25 July 2018

FINANCIAL SERVICES

Banks increase withdrawals to $100

DEPOSITORS smiled all the way to banks on Monday and yesterday as banks in Bulawayo offered more cash withdrawals of up to $100, both bond notes and United States dollars.Yesterday, scores of deposito...

By Staff reporter | Published: 25 July 2018

FINANCIAL SERVICES

Low-cost bank accounts up 143%

Zimbabwe's low cost bank accounts have grown by 143 percent to 3,16 million in the first quarter of 2018, according to figures from the Reserve Bank of Zimbabwe (RBZ). The figure represents 57 percent...

By Staff reporter | Published: 25 July 2018

INDUSTRIALS & ENERGY

Govt, steel firm sign coal mining pact

Government yesterday signed a special coal mining grant with iron and steel company Steelmakers that will allow the firm to invest $120 million on expanding its production. With iron and steel plants ...

By Staff reporter | Published: 25 July 2018

MINING & RETAIL

Karo platinum project to create 90 000 jobs

President Mnangagwa yesterday officially launched the $4,2 billion Karo Resources consolidated platinum project in Mhondoro-Mubaira, which is set to create a combined 90 000 jobs as Government steps u...

By Staff reporter | Published: 25 July 2018

INDUSTRIALS & ENERGY

Mnangagwa signs deal to reopen steel plant in Masvingo

President Emmerson Mnangagwa says the re-opening and expansion of a steel plant in Masvingo will promote value addition and create employment.He said in Harare this evening during at a signing ceremon...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Mnangagwa commissions $4,2bn platinum project

President Emmerson Mnangagwa has officiated at the groundbreaking ceremony of a $4,2 billion platinum mining project at Karo Resources' Mhondoro-Ngezi mining site, where he noted that projects of this...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Mutoko Power Station amends licence

Nyangani Renewable Energy Limited trading as Riverside Power Station, a company licensed under the Electricity Act to construct, own and operate a 2.5 MW solar plant at Musvaire Village in Mutoko, Mas...

By Ngoni Shenjere | Published: 24 July 2018

INDUSTRIALS & ENERGY

Pressure on petrol prices

Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month.Observers fear the increases, blamed on bottlenecks in the supply chain, could have ...

By Staff reporter | Published: 24 July 2018

LANDS & AGRICULTURE

Raw milk production projected to grow by 12% in 2018

ZIMBABWE'S raw milk production is projected to grow by an average of 12% in 2018, buoyed by government's dairy revitalisation programme which aims at increasing the national herd, an official has said...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Small-scale miners receive a major boost

At least 90 plus small scale miners are set to benefit through the opening of Bubi Gold Service Centre in Matabeleland NorthZimbabwe Miners' Federation (ZMF) spokesperson, Dosman Mangisi said the sett...

By Staff reporter | Published: 24 July 2018

TELECOMS & TECHNOLOGY

OneMoney spurs NetOne active subscriber base

MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...

By Staff reporter | Published: 24 July 2018

LANDS & AGRICULTURE

Tobacco output reaches record high

ZIMBABWE's tobacco output has reached a record high of 237.1 million kg just before the end of the 2018 selling season, statistics from the Tobacco Industry and Marketing Board (TIMB) show.This year's...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

RHA Tungsten set to resume operations

DIVERSIFIED and Zimbabwe focused mining group, Premier African Resources is set to resume operations at its RHA Tungsten project at Kamativi after finalisation of equity restructuring with the Governm...

By Staff reporter | Published: 24 July 2018

TELECOMS & TECHNOLOGY

Maitengwe finally gets mobile connectivity

THE era of reliance on mobile connectivity from neighbouring Botswana is over for Maitengwe community in Bulilima West constituency following yesterday's official commissioning of a shared base statio...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Firm eyes $1 million machinery upgrade

One of the country's leading manufacturer and supplier of stationery products, Rank Zimbabwe, plans to inject approximately $1 million into a new machinery that will among other things allow the compa...

By Staff reporter | Published: 24 July 2018

MINING & RETAIL

Blanket Mine gold output stagnates

LONDON Stock Exchange-listed resources firm Caledonia Mining Corporation says gold output at its Zimbabwean unit, Blanket Mine, went up one percent to 25 582 ounces for the half year ended June 30, 20...

By Staff reporter | Published: 23 July 2018

Pickstone gold output up 10%

AIM-listed junior miner Vast Resources (Vast) says gold production at its Pickstone Peerless mine increased by 10 percent to 6,969 ounces in the quarter ended June 30, 2018 compared to 6,326 ounces re...

By Staff reporter | Published: 23 July 2018

INDUSTRIALS & ENERGY

Zim government hikes duty on fabrics

FABRIC prices have spiked after government increased import duty on polyester in a bid to protect local industries, The Financial Gazette reported.Depending on the composition and type of fabric, the ...

By Staff reporter | Published: 23 July 2018

Zimbabwe govt praises fastjet

Transport and Infrastructural Development Minister Dr Joram Gumbo said Government was happy that fastjet, a low cost airliner, has launched direct flights between Harare and Bulawayo.Dr Gumbo said the...

By Staff reporter | Published: 23 July 2018

TRANSPORT & TOURISM

'Open skies policy won't hurt Air Zimbabwe'

Government says the "managed liberalisation" of domestic routes to allow other airlines such as fastjet will not negatively impact on Air Zimbabwe's revival chances, Transport and Infrastructural Deve...

By Staff reporter | Published: 23 July 2018

TELECOMS & TECHNOLOGY

Minister commissions Information Centre

Provincial Affairs Minister Owen Ncube last week commissioned a Community Information Centre at Manoti Business Centre in Gokwe South. The containerised information centre, which was constructed by Po...

By Staff reporter | Published: 23 July 2018

TRANSPORT & TOURISM

Zimbabwe edges back onto tourist map

After nearly two decades in the doldrums, Zimbabwe's tourism sector is enjoying a rebound, with visitors returning in droves to see the majestic Victoria Falls and explore unspoilt safari reserves.The...

By AFP | Published: 23 July 2018

TRANSPORT & TOURISM

fastjet pledges to help revive Bulawayo

BUDGET airline fastjet says it wants to play a bigger role in reviving tourism in Matabeleland after launching a Harare-Bulawayo service on Friday.The airline, which already has flights between Harare...

By Staff reporter | Published: 22 July 2018

TRANSPORT & TOURISM

Pricing still a challenge, says HAZ

THE Hospitality Association of Zimbabwe has said the industry faces a hurdle in offering cheaper tourism products owing to pricing disparity challenges from the food and ancillary service chain suppli...

By Staff reporter | Published: 22 July 2018
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