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MINING & RETAIL

Unki output up 10%

PRODUCTION at the country's third largest platinum producer, Unki Mine, increased 10% to 19,500 ounces in the second quarter of 2017, up from 17,800 ounces in the prior comparable period.However, on a...

By Ngoni Shenjere | Published: 20 July 2017

TELECOMS & TECHNOLOGY

Vodacom revenue rises 3.9%

Vodacom's first-quarter revenue grew 3.9% as Africa's largest carrier by market value invested in its network and increased sales of smartphones in South Africa. South Africa revenue growth accelerate...

By Staff reporter | Published: 20 July 2017

POLITICS

72% of Zimbabweans wallow in poverty

PUBLIC Service, Labour and Social Welfare Minister Prisca Mupfumira has disclosed that more than 10 million Zimbabweans, which translates to 72,3% of the population, were living in abject poverty.In a...

By Staff reporter | Published: 20 July 2017

POLITICS

Mugabe son-in-law joins political fray

PRESIDENT Robert Mugabe's political dynasty seems to be growing with each passing day, amid claims that his son-in-law, Simba Chikore, is eyeing a parliamentary seat in Makoni North constituency, Mani...

By Staff reporter | Published: 20 July 2017

ECONOMC INDICATORS

Zimbabwe export earnings edge up

Zimbabwe has registered a slight growth in export earnings after earning $2,58 billion up from $2,57 billion as of June 16 this year, compared to the same period last year.Finance minister Patrick Chi...

By Staff reporter | Published: 20 July 2017

BUSINESS NEWS

$175m bond notes in circulation

THE Reserve Bank of Zimbabwe (RBZ) has now injected $175 million worth of bond notes in the market, as cash shortages are pushing the central bank to draw on the Afreximbank-backed surrogate currency....

By Staff reporter | Published: 20 July 2017

BUSINESS NEWS

Computerisation of Zim's public transport data hits a snag

Plans to integrate and computerise Zimbabwe's public transport data have been held back by a tender row pitting serial government contractor Univern Enterprises and a South African rival, Mopane Proje...

By Staff reporter | Published: 20 July 2017

TELECOMS & TECHNOLOGY

Taking care of you is our priority

Customer service excellence is and will always remain one of the competitive advantages for any business, more so for us here at ZOL.Our priority is to serve our customers. They are our most important...

By Staff reporter | Published: 20 July 2017

TRANSPORT & TOURISM

CAAZ plans to break-even by 2018

The Civil Aviation Authority of Zimbabwe will aggressively pursue revenue growth initiatives and cost reduction measures with a view to breaking even at the operating level by 2018.This comes after th...

By Staff reporter | Published: 20 July 2017

BUSINESS NEWS

Zinara trio in forex scam

Three Zimbabwe National Road Administration (ZINARA) bosses appeared in court yesterday charged with illegally sourcing foreign currency on the pretext of servicing a $206 million loan for the rehabil...

By Staff reporter | Published: 20 July 2017

INDUSTRIALS & ENERGY

Command Agriculture boosts Delta volumes

Delta Corporation lager volumes have stemmed the declining trend in preceding quarters after they recorded a 12 percent growth in the first quarter to June above the comparative period last year.This ...

By Staff reporter | Published: 20 July 2017

TRANSPORT & TOURISM

NRZ targets $3,5 million freight this year

The National Railways of Zimbabwe (NRZ) is targeting to move freight worth $3,5 million and 387 000 passengers this year, a Parliamentary Portfolio Committee has said."In 2017 NRZ said it would transp...

By Staff reporter | Published: 20 July 2017

MINING & RETAIL

Zim small scall miners to surpass 12t gold target

SMALL-scale miners have said they will surpass the 12 tonne gold production target set for this year on the back of increased support from the Government.The mining sector is on a rebound as shown by ...

By Staff reporter | Published: 20 July 2017

POLITICS

Mujuru savages Grace Mugabe

FORMER Vice-President Joice Mujuru has hit out at First Lady Grace Mugabe (pictured), describing her as a selfish person, with no regard for suffering Zimbabweans.The First Lady made headlines after s...

By Staff reporter | Published: 20 July 2017

LANDS & AGRICULTURE

Milk production to double by 2022

The Zimbabwe Association of Diary Farmers (ZADF) anticipates to double milk production by 2022.This came out at the 4th annual general meeting currently underway in Nyanga.ZADF national chairman Mr Em...

By Staff reporter | Published: 19 July 2017

ZSE TODAY

Market Commentary 19 July 2017

INDUSTRIALSThe Industrial Index resumed the upward trend after adding 0.65 points (0.33%) to settle at 198.55 points in a session characterised by widespread activity. CFI (CFI.zw) led the movers with...

By zse | Published: 19 July 2017

ZIMBABWE

'ZSE to continue trending upwards'

The market is anticipated to trend upwards in the near future as institutional investors invest in the Zimbabwe Stock Exchange (ZSE), despite a lack of support from fundamentals, local analysts say.E...

By Staff reporter | Published: 19 July 2017

TRANSPORT & TOURISM

Parly asks Govt to assume NRZ debt

GOVERNMENT must assume the $90 million debt owed to National Railways of Zimbabwe (NRZ) employees by end of September this year, a parliamentary portfolio committee has said.The Parliamentary Portfoli...

By Staff reporter | Published: 19 July 2017

BUSINESS NEWS

'Bond notes to raise export earnings'

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya clocked three years at the helm of the apex bank in March this year.Our Business Editor, John Kachembere, spoke to the central bank chief who is a...

By Staff reporter | Published: 19 July 2017

BUSINESS NEWS

Chinamasa to present the Budget Review Statement

FINANCE and Economic Development Minister Patrick Chinamasa will present Zimbabwe's Annual Budget Review Statement and the 2017 Economic Outlook in the National Assembly tomorrow as a way to appraise ...

By Staff reporter | Published: 19 July 2017

BUSINESS NEWS

Mine Entra kicks-off

Zimbabwe's premier mining exhibition, Mine Entra, has begun in Bulawayo, with a number of issues affecting the industry coming under the spotlight.The mining exhibition began with a Women in Mining Br...

By Staff reporter | Published: 19 July 2017

LANDS & AGRICULTURE

Zimbabwe bans maize imports

The government has with immediate effect banned all maize imports and the issuance or renewal of import licences for maize has also been stopped forthwith.After reviewing the state of maize deliveries...

By Staff reporter | Published: 19 July 2017

BUSINESS NEWS

Businessman, artisanal miners clash

Mashonaland West's sole manufacturer of stock feed, Mr Taurai Mtisi has raised a red flag over uncontrolled mining activities close to his plant where he says he fears the operations pose a threat to ...

By Staff reporter | Published: 19 July 2017

BUSINESS NEWS

2017 Mine Entra kicks-off -Live update

11:29: We advocate for a women's bank with no stringent conditions- Damasane. She ends her speech.11:28: Damasane calls for a 50-50 representation in boards and institutions to ensure equal opportunit...

By Staff reporter | Published: 19 July 2017

TRANSPORT & TOURISM

New Zimbabwe tourism attractions on cards

Zimbabwe is set to develop new and unexplored tourism attractions to enhance its chances of making the sector a $5 billion economy by 2020.The initiative is part of the National Tourism Master Plancra...

By Staff reporter | Published: 19 July 2017

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