TRANSPORT & TOURISM

Air Zimbabwe plane in mid-air scare

AN Air Zimbabwe flight between Harare and the Tanzanian capital Dar es Salaam was involved in a five-minute mid-air turbulence that left passengers shaken on Tuesday.According to a passenger who was a...

By Staff reporter | Published: 15 March 2018

TRANSPORT & TOURISM

CAAZ to scrap boarding calls

THE Civil Aviation Authority of Zimbabwe (CAAZ) says it is mobilising resources to upgrade sections of the Victoria Falls International Airport as well as relocate Kariba Airport.The Victoria Falls In...

By Staff reporter | Published: 15 March 2018

TELECOMS & TECHNOLOGY

Zimbabwe heads for ICT revolution

President Emmerson Mnangagwa yesterday launched the country's Information Communication Technology policy to guide Zimbabwe's economic development through a coordinated use of ICTs.The ICT policy, tog...

By Staff reporter | Published: 15 March 2018

TELECOMS & TECHNOLOGY

Econet goes hi-tech in customer experience

Listed telecoms and tech giant, Econet Wireless Zimbabwe (EWZ), has taken the lead in the use of artificial intelligence to manage its customer services support in a move set to significantly improve ...

By Staff reporter | Published: 15 March 2018

MINING & RETAIL

Zimasco wins case against ChinaZim

KWEKWE-BASED ChinaZim International Minerals has been ordered to compensate the Zimbabwe Mining and Smelting Company (Zimasco) for stolen chrome ore.The ruling by High Court Judge, Justice Edith Musho...

By Staff reporter | Published: 15 March 2018

MINING & RETAIL

Hwange Colliery protesters to face criminal charges

HWANGE Colliery Company protesters have been summoned to appear in court on Monday facing criminal trespass charges.The spouses and widows of HCCL workers are protesting over five-year salaries owed t...

By Staff reporter | Published: 15 March 2018

MINING & RETAIL

Platinum output to remain stable

Zimbabwe's platinum output is anticipated to remain stable at 450 000 ounces this year, projections from the WIPC indicate. In its fourth quarter report for 2017, WIPC pointed out that Zimbabwe's plat...

By Staff reporter | Published: 15 March 2018

FINANCIAL SERVICES

AfDB extends $25 million loan facility to CABS

The government's re-engagement efforts with multilateral finance institutions continue to bear fruit with the signing of a US$25 million trade finance agreement between the African Development Bank (A...

By Staff reporter | Published: 14 March 2018

BUSINESS NEWS

ZETDC threat to switch off customers

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has warned customers of disconnections and litigation if they do not make payment plans by March 31.In a notice, ZETDC said custo...

By Staff reporter | Published: 14 March 2018

FINANCIAL SERVICES

Zimbabwe banks running out of cash?

Central bank governor John Mangudya presents the Monetary Policy Statement at the Reserve Bank of Zimbabwe yesterdayReserve Bank of Zimbabwe (RBZ) governor John Mangudya says withdrawals are now avera...

By Staff reporter | Published: 14 March 2018

CONSTRUCTION & PROPERTY

NBS completes 50 housing units in 100 days

THE National Building Society (NBS) has completed construction of 50 houses at the Magakoosha Housing Site in Shurugwi.The bank partnered River Valley Properties who serviced the land for the project ...

By Staff reporter | Published: 14 March 2018

FINANCIAL SERVICES

Zimpost to spend $30 million on projects

Zimpost subsidiary, Post Properties plans to spend $30 million in the next three years on various development projects as it grows its property portfolio.Development of a shopping mall in Borrowdale a...

By Staff reporter | Published: 14 March 2018

MINING & RETAIL

Hwange's 25-year coal supply deals stall

HWANGE Colliery Company Limited (HCCL) is yet to reach financial closure on two 25-year coal supply agreements it signed last year with the Zimbabwe Power Company and the Pan-African Energy Resources....

By Staff reporter | Published: 14 March 2018

MINING & RETAIL

Mnangagwa admin pulls in $2.6bn lithium project

The allure of the new political administration has convinced Australian Stock Exchange (ASX)-listed Prospect Resources to commit to a lithium project near Harare, which is expected to generate over $2...

By Staff reporter | Published: 14 March 2018

LANDS & AGRICULTURE

Premier Tobacco fails to pay workers

DEBT-stricken and financially troubled Premier Tobacco Auction Floors has not paid workers for nearly two and half years, raising questions about its financial capacity to purchase tobacco this season...

By Staff reporter | Published: 14 March 2018

INDUSTRIALS & ENERGY

CFI shareholders squabbles continue unabated

Shareholder squabbles continued unabated at suspended Zimbabwe Stock Exchange entity CFI Holdings after proxies representing one of the major shareholders, Stalap Investments, walked out on a meeting ...

By Staff reporter | Published: 14 March 2018

TRANSPORT & TOURISM

Zimbabwe inbound tourism hits record high

FOREIGN tourist arrivals to Zimbabwe hit record highs between December last year and February this year and are expected to continue into next year, local tour operators have said.In December alone, v...

By Staff reporter | Published: 14 March 2018

INDUSTRIALS & ENERGY

ProDairy invests $1.6m in project

Zimbabwe's newest milk processor, ProDairy has invested $1,6 million in an ambitious project in which it is hoping to drastically cut the cost of milk production through grass feeding cows as opposed ...

By Staff reporter | Published: 14 March 2018

TELECOMS & TECHNOLOGY

Zimbabwe's Golix announces security upgrades

Golix, Zimbabwe's leading cryptocurrencies exchange, has announced a series of security improvements to its security protocols following a breach to a limited number of its affected user accounts.Acco...

By Nhlalwenhle Ngwenya | Published: 13 March 2018

TELECOMS & TECHNOLOGY

Zimbabwe's Golix platform hacked

Golix, a Zimbabwean cryptocurrency exchange platform that is said to be processing about $1 million per month, has disclosed a breach into their systems that took place on the 12th of March 2018, via ...

By techweez.com | Published: 13 March 2018

TRANSPORT & TOURISM

Fastjet named Africa's best

LOW-COST airline, Fastjet, has been named Africa's best value airline for its service excellence and contribution to the industry's growth.The airline, which operates in most parts of Africa including...

By Staff reporter | Published: 13 March 2018

LANDS & AGRICULTURE

Bulawayo farmers lose big in cattle scam

MORE than 50 farmers in Bulawayo have lost huge sums of money after the Cattle Ownership Society failed to honour its obligation despite receiving payments, NewsDay has established.Under the scheme, f...

By Staff reporter | Published: 13 March 2018

INDUSTRIALS & ENERGY

Millennium Footwear records uptick in local demand

ONE of the country's leading exotic leather shoe manufacturer, Millennium Footwear, has pushed up capacity utilisation to over 40% due to increase in local demand, the company's director, Stuart Simal...

By Staff reporter | Published: 13 March 2018

TRANSPORT & TOURISM

NRZ leasing locomotives at $1,8m

Transport and Infrastructure Development minister Joram Gumbo has revealed that the National Railways of Zimbabwe (NRZ) would be paying at least $1,8 million for leasing the recently-launched locomoti...

By Staff reporter | Published: 13 March 2018

MINING & RETAIL

Truworths swings back to profitability

TRUWORTHS Zimbabwe overturned its loss making position registering a profit after tax of $548 095 for the half year ended January 7, 2018 on the back of increased sales.In the comparative period ended...

By Staff reporter | Published: 13 March 2018
Pages:
92
...

Latest News

Latest Published Reports

Latest jobs