TELECOMS & TECHNOLOGY

TelOne granted VoD broadcasting license

TelOne, Zimbabwe's state-owned fixed phone and internet operator, has secured a broadcasting licence for Video-on-Demand (VoD) services.The Broadcasting Authority of Zimbabwe (BAZ) granted an operatin...

By Staff reporter | Published: 21 May 2018

TELECOMS & TECHNOLOGY

TelOne launches National Broadband Backbone project

TelOne is in the process of upgrading its nationwide system and exchanges as part of its US$98 million national Broadband Backbone (NBB) project. As a result of the project, TelOne will be able to pro...

By Staff reporter | Published: 21 May 2018

INDUSTRIALS & ENERGY

Fertiliser industry needs $120m for 2018/19 season

THE local fertiliser industry needs $120 million in foreign currency to meet this year's demand of 600 000 tonnes of fertiliser.Chemplex Corporation Limited chief executive officer, Tapuwa Mashingaidz...

By Staff reporter | Published: 21 May 2018

INDUSTRIALS & ENERGY

Foreign currency scarcity 'smokes' out BAT

BRITISH American Tobacco (BAT) managing director, Clara Mlambo says the company is struggling to get foreign currency and has described 2018's first quarter as "drier" than other first year quarters.I...

By Staff reporter | Published: 21 May 2018

FINANCIAL SERVICES

'Banks prioritising Harare firms on forex allocations'

A NUMBER of Bulawayo companies have not been allocated foreign currency for raw material imports since last year from their banks, as priority is being given to Harare-based companies, an industry off...

By Staff reporter | Published: 21 May 2018

MINING & RETAIL

'Mines need $11 billion investment to modernise'

ZIMBABWE needs up to $11 billion to modernise its mines and boost production to maximum capacity over the next five years, the head of the country's Chamber of Mines said last Friday.Foreign investor ...

By Reuters | Published: 21 May 2018

MINING & RETAIL

Ex-Arcturus Mine workers' stay in houses illegal

TN Securities (Pvt) Limited, which acquired Arcturus Mine from Metallon Corporation, says the former employees still residing at the mine's premises are doing so illegally. The company, led by Harare ...

By Staff reporter | Published: 21 May 2018

INDUSTRIALS & ENERGY

Dairibord revenue growth up 17%

DAIRIBORD Holdings Limited has appointed Mr Josphat Sachikonye as new board chairman replacing Dr Leonard Tsumba who retired five days ago after serving the company for the past six years.In a stateme...

By Staff reporter | Published: 21 May 2018

MINING & RETAIL

Zimbabwe working on new diamond policy

Government has started working on a new diamond policy which will lead to the unbundling of the Zimbabwe Consolidated Diamond Mining Company (ZCDC) to ensure more players are involved inthe sector, Pr...

By Staff reporter | Published: 21 May 2018

TELECOMS & TECHNOLOGY

Govt re-aligns content budget

Government has re-aligned budget allocations to communities countrywide to enhance the production of more content for the ongoing digital migration programme, Information, Media and Broadcasting Servi...

By Staff reporter | Published: 21 May 2018

TELECOMS & TECHNOLOGY

Zimpost moves to digitisation

State-owned postal and courier services company, Zimpost, has introduced two new digitised services namely the Virtual Post Office and the Zimpost Mall. The organisation is seeking to transform its se...

By Staff reporter | Published: 21 May 2018

TELECOMS & TECHNOLOGY

Zimpost moves to digitisation

State-owned postal and courier services company, Zimpost, has introduced two new digitised services namely the Virtual Post Office and the Zimpost Mall. The organisation is seeking to transform its se...

By Staff reporter | Published: 21 May 2018

MINING & RETAIL

ZCDC rescues ex-Marange employees

FORMER employees of displaced diamond producer Marange Resources (Marange), are set to receive their salary arrears and outstanding pension contributions in full by September 2020, the Zimbabwe Consol...

By Staff reporter | Published: 21 May 2018

MINING & RETAIL

'Zim mining firms not forced to list on ZSE'

GOVERNMENT will not compel mining companies in the country to list on the Zimbabwe Stock Exchange as such policy perspective is not in line with the vision of the new dispensation, a Cabinet minister ...

By Staff reporter | Published: 21 May 2018

FINANCIAL SERVICES

Health insurers lose $160 million to fraud

CIMAS CEO Vulindlela Ndlovu says the health insurance industry in Zimbabwe could be losing $160 million annually through fraud, errors and leakages.Ndlovu told journalists attending the Zimselector me...

By Staff reporter | Published: 20 May 2018

TELECOMS & TECHNOLOGY

ZOL targets high-density suburbs

Internet service provider ZOL Zimbabwe on Wednesday launched advanced wireless connectivity of internet services meant to expand its footprint across high-density suburbs amid calls on government to f...

By Staff reporter | Published: 20 May 2018

BUSINESS NEWS

$65k bribe rocks Hwange Colliery

Hwange Colliery Company Limited (HCCL) managing director Thomas Makore's suspension was triggered by an extortion scandal involving a ZBC journalist and one of the struggling miner's senior executives...

By Staff reporter | Published: 20 May 2018

LANDS & AGRICULTURE

Delta pours $2,8m into sorghum farming

DELTA Corporation says it has invested at least $2,8 million to facilitate the production of 10 500 tonnes of sorghum during the 2018 /19 agriculture season.Delta corporate affairs executive Patricia ...

By Staff reporter | Published: 20 May 2018

MINING & RETAIL

Fissures rip ZMF annual congress apart

ALLEGATIONS of vote buying and back biting have rocked the country's small-scale mining body, Zimbabwe Miners Federation (ZMF) ahead of the organisation's annual congress, which is expected to usher i...

By Staff reporter | Published: 20 May 2018

TRANSPORT & TOURISM

Arrivals: Figures don't lie

For a people who have been fed a diet of politics and promises, some of which have failed to materialise over the years, perhaps it is only normal to be heavily sceptical.Since the inauguration of Pre...

By Staff reporter | Published: 20 May 2018

TRANSPORT & TOURISM

Boma, a must-do in Victoria Falls

A visit to Victoria Falls is not complete unless one has gone through the Rain Forest, taken a sunset cruise or done the Boma experience."Unless you have done one of these three, you can't say you hav...

By Staff reporter | Published: 20 May 2018

TRANSPORT & TOURISM

The ultimate wildlife experience

"Welcome aboard, ladies and gentlemen. This is going to be roughly a three hours' drive in the wilderness. As this is a game drive in a game park, we do not guarantee that you will see any animals, th...

By Staff reporter | Published: 20 May 2018

TELECOMS & TECHNOLOGY

Zimpapers enters billion-dollar TV industry

ZIMBABWE Newspapers (1980) Ltd last week took a giant step towards becoming the first fully integrated media house in the country.The company got its content distribution licence, which enables Zimpap...

By Staff reporter | Published: 20 May 2018

MINING & RETAIL

Fresh hope for Zimbabwe diamonds

There is fresh hope for local diamond mining after the Zimbabwe Consolidated Diamond Company (ZCDC) started extracting 'tennis ball-like diamonds,' including a 23 carat gem quality and a 65 carat near...

By Staff reporter | Published: 20 May 2018

MINING & RETAIL

Makore likely to open Hwange's can of worms

The mid-week suspension of Hwange Colliery Company's managing director, Mr Thomas Makore, is likely to open a can of worms at the coal-producing company, which has been struggling to pay its workers f...

By Staff reporter | Published: 20 May 2018
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