Financial institutions have renewed plans to source offshore credit lines to sustain requirements by productive sectors of the economy.Productive sectors are failing to increase capacity due to lack o...
Ethiopian Airlines has maintained its confidence in Victoria Falls as a destination with the deployment of a Boeing 787 Dreamliner which has become the second wide bodied scheduled aircraft to service...
THE launch of Kwese TV in Zimbabwe gave viewers more options to choose from. The pay TV scene is about to get more interesting with another player, Azam TV, also making moves to set up shop in the cou...
GOVERNMENT plans to install dryers at major Grain Marketing Board (GMB) depots to address moisture complications on delivered grain and reduce post-harvest losses.Despite recording a bumper harvest in...
THE severe cash shortage brought about by a debilitating liquidity crunch has severely reduced the use of automated teller machines (ATMs).An ATM is an electronic telecommunications device that enable...
Zimbabwe will face a shortfall in maize output in the current 2017/18 season on the back of erratic weather conditions with the hole expected to be plugged by carryover stocks from last season, the Fa...
Russia's Foreign Minister Sergei Lavrov on Thursday met with Zimbabwe's new President Emmerson Mnangagwa and discussed possible military co-operation as well as plans to boost economic ties.Lavrov, w...
GOVERNMENT has intensified its exploration of new minerals and has granted 30 exclusive prospecting licences since November last year, Minister of Mines Winston Chitando has said.Zimbabwe, which has 4...
ZIMBABWE'S largest platinum miner, Zimplats, is next month expected to resume production at its Bimha Mine, which collapsed nearly four years ago.To date, Zimplats has invested less than half the fund...
LIQUID Telecom Zimbabwe has appointed Martin Mushambadope as deputy managing director with effect from March 1, 2018. Prior to his appointment Mushambadope was the company's commercial officer.Mushamb...
THE Ministry of Mines says investors seeking to start mining operations worth at least $100 million can apply for special mining leases (SML).Under the SML, investors can individually negotiate incent...
ECONET Wireless has partnered with a global online educator, Shaw Academy, to provide educational solutions that enhance quality, affordability and accessibility within Africa.In a statement, Econet r...
ZIMBABWE's largest gold producer, Metallon Gold, has invested an estimated $2.5 million in ongoing exploration activities at its mining operations in the country.The mining group owns operations that ...
MBCA Bank has ceded 7.5 percent shares to its workers through the Employee Share Ownership Scheme in line with the approved indigenisation plan.MBCA Bank chairman, Mr Vimbai Zireva, said this in a sta...
LISTED mining group, Falcon Gold (Falgold), says the ongoing strike at its Golden Quarry Mine in Shurugwi will have an adverse impact on the operations of the mine for an indefinite period.Workers at ...
THE Hwange Local Board (HLB) has engaged a number of local and foreign investors to participate in major infrastructural development projects as it forges ahead to attain township status.Chief executi...
Standard Chartered Bank has appointed Ivorian football legend Didier Drogba as its digital bank ambassador.Drogba will be endorsing the bank's first digital bank in Africa to be launched in Abidjan, C...
Maize supply on the market has decreased due to anticipated poor harvests caused by the low rainfall experienced in the country from the start of the season up to February, the FEWSNET has reported. T...
FAST-MOVING consumer goods producer, Blue Ribbon Foods, says it is planning to revive its closed bakeries, which succumbed to a deteriorating economy.More than 150 of the 250 bakeries that used to ope...
Listed telecoms and tech giant Econet Wireless Zimbabwe (EWZ) has taken the lead in the use of AI (artificial intelligence) to manage its customer services support in a move set to significantly impr...
NETONE has appointed Mr Nkosinathi Ncube as its Managing Director MFS, becoming the defacto preferred head of mobile financial services in Zimbabwe, after landing his third title at NetOne, which is ...
State-run mobile network operator, NetOne, has appointed former Vodacom executive Lazarus Muchenje as its new chief executive with effect from April 1, 2018.He takes over from Brain Mutandiro, who ha...
Fortunate Chisango has been appointed Ecobank Zimbabwe (Ecobank) chairperson.He takes over from David Whatman who stepped down after serving his term in line with the financial group’s corporate gov...
Deep-pocketed pensions administrator, National Social Security Authority (Nssa), is pursuing investment opportunities in the mining sector.The statutory body - sitting on a $1,3 billion asset base - i...
TWENTY-ONE players in the tourism industry recently had their passports withheld by the German embassy in Harare after the Zimbabwe Tourism Authority failed to pay $47 000 to a tourism organiser based...