TRANSPORT & TOURISM

Kariba station charms ZTA

KARIBA is set for a new treat as organisers of the proposed annual Nyaminyami Festival are angling to combine forces with the Nyaminyami Lakeside Festival hosts.Information privy to The Sunday Mail So...

By Staff reporter | Published: 24 June 2018

INDUSTRIALS & ENERGY

Motor industry to create 20,000 jobs

Government says the recently launched Zimbabwe Motor Industry Development Policy (ZMIDP) will result in the creation of 20 000 jobs in the sector and downstream industries, driven by a rise in capacit...

By Staff reporter | Published: 24 June 2018

LANDS & AGRICULTURE

Egg prices up 57%

WHOLESALE prices of table eggs have increased by 57% over the past few years to $4,50 per tray in the first quarter of 2018, an official has said.In an industry update for the first quarter of 2018, Z...

By Staff reporter | Published: 23 June 2018

LANDS & AGRICULTURE

Beef, leather lobby group seek policy revision

THE beef and leather value chain sector is lobbying for the revision of policies and regulatory frameworks that govern the sector in an effort to improve its operating environment.The sector, last yea...

By Staff reporter | Published: 23 June 2018

TRANSPORT & TOURISM

Some of Zimbabwe's best places to visit

TALK of the top 10 spots to visit in Africa, and you definitely ought to mention the Victoria Falls in Zimbabwe. Zimbabwe alone has over 10 places to visit that are nothing less than awe-inspiring.The...

By buzzsouthafrica.com | Published: 23 June 2018

TRANSPORT & TOURISM

Club Connect shuts down!

Popular nightspot, Club Connect in Bulawayo has shutdown.Its proprietor, Biggie Chinoperekwei said they were planning to relocate it to another venue in the city as the current location was not conduc...

By Staff reporter | Published: 23 June 2018

INDUSTRIALS & ENERGY

Zimbabwe calls for energy self-sufficiency

Zimbabwe has called for cooperation in the generation of energy and power to ensure the region is self-sufficient and reduces dependency on the outside world. Energy and Power Development Minister Amb...

By Staff reporter | Published: 23 June 2018

INDUSTRIALS & ENERGY

'Original' Mazoe back in July

Schweppes Zimbabwe Limited yesterday announced that the original Mazoe recipes for all flavours will be back on the shelves beginning July 31. The company faced resistance from customers after it adde...

By Staff reporter | Published: 23 June 2018

MINING & RETAIL

Hwange Colliery board nominees announced

Government, the largest share in the coal mining concern Hwange Colliery Company, has announced its nominees for the company's board of directors.The six appointments include:Allan Mashingaidze, forme...

By Ngoni Shenjere | Published: 22 June 2018

TELECOMS & TECHNOLOGY

Econet secures an insurance licence

The Insurance and Pensions Commission (Ipec) has granted Econet's request to register an insurance firm, Econet Insurance Limited, fulfilling the company's long-standing ambition of becoming an integr...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

Mbada Diamonds to get licence back

DIAMOND mining companies that were dramatically evicted from the Marange area of Manicaland in 2016 are expected to get back their licences after the Supreme Court ruled on Wednesday that the governme...

By Staff reporter | Published: 22 June 2018

TRANSPORT & TOURISM

fastjet to introduce Harare - Bulawayo flights

Low-cost carrier, fastjet has been given traffic rights between Harare and Bulawayo.Daily flights are scheduled for 2 July 2018.Locally-based German aviation expert Jerry Haas released the news on Twi...

By Ngoni Shenjere | Published: 22 June 2018

INDUSTRIALS & ENERGY

CFI battling with legacy rot

Zimbabwe Stock Exchange-listed entity CFI Holdings Limited, says the company has been "damaged to its knees" by the previous senior management and boards and the newly appointed board and senior manag...

By Staff reporter | Published: 22 June 2018

CONSTRUCTION & PROPERTY

DIDG acquires Fort Concrete

The Diaspora Infrastructure Development Group (DIDG) has acquired stake in Gweru base reinforced concrete structures manufacturer, Fort Concrete. People familiar with operations said that DIDG which r...

By Staff reporter | Published: 22 June 2018

FINANCIAL SERVICES

New Zealander to inject $2 billion in new bank

A New Zealand based investor, Worldwide Capital Corp, plans to invest over $2,2 billion in establishing and financing operations of a new commercial bank in Zimbabwe, according to documents seen by Bu...

By Staffr eporter | Published: 22 June 2018

MINING & RETAIL

Ex-TM managers take wages fight to ConCourt

THREE former TM Supermarket line managers have filed leave to appeal to the Constitutional Court challenging a Supreme Court ruling which set aside an arbitration ruling which was in their favour.Itay...

By Staff reporter | Published: 22 June 2018

CONSTRUCTION & PROPERTY

Land developer, CBZ sued over property deal

A BULAWAYO firm Loxdale Investments (Private) Limited has taken Harare-based property developer, Rilbro Property and Development (Pvt) Limited and CBZ Bank to court over a botched land deal.In summons...

By Staff reporter | Published: 22 June 2018

LANDS & AGRICULTURE

Tobacco output surpasses 200 million kgs

Tobacco sales breezed past 200 million kg on Tuesday, earning $583 million owing to the introduction of export incentives and improved agronomic practices last year, an official has said.During the co...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Invest in Zim energy sector, Khaya Moyo

Th e Minister has also urged regional power utilities to collaborate and complement each other in power generation and minimise dependence on the outside world.He said energy plays a pivotal role henc...

By Staff reporter | Published: 22 June 2018

FINANCIAL SERVICES

Zamco mops up $1 billion Non-Performing Loans

THE Zimbabwe Asset Management Company has since its establishment absorbed $1 billion Non-Performing Loans (NPLs) at banks for various companies to help the businesses turnaround.In 2014, the Reserve ...

By Staff reporter | Published: 22 June 2018

LANDS & AGRICULTURE

'Govt committed to beef industry resuscitation'

PRESIDENT Emmerson Mnangagwa will hand over 2 000 head of cattle to Matabeleland farmers in Gwanda today to help resuscitate the country's beef industry under the Command Livestock Programme.Addressin...

By Staff reporter | Published: 22 June 2018

TRANSPORT & TOURISM

More tourists flock to Victoria Falls

TOURIST arrivals in Victoria Falls have increased by 50 percent this year with hotels in the prime resort destination recording 100 percent bookings as more visitors flock into Zimbabwe under the new ...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

IDCZ appoints financial advisor for Chemplex transaction

THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Zim's E20 reintroduction could raise stink

ZIMBABWE has re-introduced the mandatory blending of petrol to the levels of E20 (a mixture of 80 percent petrol and 20 percent anhydrous ethanol) on the back of fuel price increases.With effect from ...

By Staff reporter | Published: 22 June 2018

MINING & RETAIL

MPs shoot down plan to revive Empress refinery

PARLIAMENT has recommended that it would be cheaper to build a new lithium processing plant in Zimbabwe than refurbishing an existing refinery in Kadoma.This follows an offer by a local firm to reconf...

By Staff reporter | Published: 22 June 2018
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