FINANCIAL SERVICES

Industry calls for dialogue on externalization

Captains of industry and commerce have called for dialogue over accusations of foreign currency externalization by government, which resulted in the publication of a  name and shame list three we...

By Staff reporter | Published: 12 April 2018

MINING & RETAIL

Implats challenges Zimbabwe listing orders

The government of Zimbabwe has outlined plans to enforce miners to list on the local exchange, but platinum producers oppose the idea as they believe it will stifle their ability to invest and grow. I...

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

FlyAfrica to start flying next week

Fledgling local airline, FlyAfrica Zimbabwe, is set to commence commercial flights on the Harare-Johannesburg and Harare-Bulawayo routes next week following several false starts last year. FlyAfrica, ...

By Staff reporter | Published: 12 April 2018

TRANSPORT & TOURISM

Zimbabwe Airways plane touch down

The first of the four Boeing 777 aircraft bought by Zimbabwe from Malaysia has arrived in the country.The deal for the four continental aircraft is worth $70 million with the other planes set to come ...

By Staff reporter | Published: 11 April 2018

INDUSTRIALS & ENERGY

Spain eyes Zimbabwe energy sector

Spain is exploring investment opportunities in Zimbabwe's energy sector as relations between the two countries grow stronger.Zimbabwe-Spain relations are being reinforced following the coming into pow...

By Staff reporter | Published: 11 April 2018

FINANCIAL SERVICES

Agribank to deploy 10,000 swiping machines

Agribank will deploy 10 0 00 Point of Sale (POS) machines to its merchants and agencies by December 31 2018.Speaking at a media briefing, Agribank's Chief Executive Officer Somkhosi Malaba said 10 000...

By Staff reporter | Published: 11 April 2018

MINING & RETAIL

Dangote lured by coal reserves in Zimbabwe

Nigerian billionaire Aliko Dangote has renewed interest in pursuing his US$1.5bn investment in Zimbabwe, according to Naija 247 News.An advance team of geologists have been sent to Zimbabwe for 10 day...

By Staff reporter | Published: 11 April 2018

MINING & RETAIL

Caledonia meets Q1 production target

CALEDONIA Mining Corporation Plc, which owns Blanket Mine in Matabeleland South, is on track to achieving its full year output target after producing 12 924 ounces in the first quarter.The Toronto Sto...

By Staff reporter | Published: 11 April 2018

LANDS & AGRICULTURE

Tobacco farmers net $34m

The 2018 tobacco sales have reached 12, 2 million kilogrammes with growers earning $34 million in 11 days. Zimbabwe's tobacco marketing season opened on March 21 and is expected to continue until the ...

By Staff reporter | Published: 11 April 2018

TRANSPORT & TOURISM

FlyAfrica to resume Harare - Johannesburg flights

Low-cost airline Fly Africa says it is set to resume the Harare-Johannesburg flights next week and is confident of introducing other regional and international routes in the near future.The airline ha...

By Staff reporter | Published: 10 April 2018

TELECOMS & TECHNOLOGY

MTN, EcoBank in mobile banking partnership

MTN has signed an agreement to form a mobile banking partnership with Ecobank across the continent.The mobile giant says it's in line with building its mobile services business, which is an important ...

By eNCA | Published: 10 April 2018

MINING & RETAIL

Mliswa to summon Mugabe over diamond mining

A committee of lawmakers in Zimbabwe is to summon former president Robert Mugabe to testify at a probe into lost revenue from diamond mining, a legislator said on Tuesday.The lawmakers plan to questio...

By AFP | Published: 10 April 2018

MINING & RETAIL

Edgars store face closure

Edcon is considering closing its flagship Edgars store in the Johannesburg central business district (CBD) as part of a turnaround strategy to rescue the ailing retailer, BusinessDay reported.At a rec...

By BusinessDay | Published: 10 April 2018

MINING & RETAIL

Zimbabwe to plug off mineral leakages

The government has stepped up efforts to plug off mineral export leakages by establishing a $1.7 million dollar project to monitor flow of resource commodities and determine their exact values.Zimbabw...

By Staff reporter | Published: 10 April 2018

MINING & RETAIL

Producers seek help to grow gold output

THE Zimbabwe Miners' Federation (ZMF) has written to the police asking for help to restore order in the artisanal gold mining sector, where the yellow metal is being illicitly traded, thereby deprivin...

By Staff reporter | Published: 10 April 2018

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
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