BUSINESS NEWS

Zimra turns to AI to boost revenue collection

The Zimbabwe Revenue Authority (Zimra) has unveiled a new five-year strategy (2026–2030) that incorporates artificial intelligence (AI) to modernise tax administration, integrate the informal secto...

By Staff reporter | Published: 10 October 2025

MINING & RETAIL

New offtake deal needed to boost Zulu output

British-based miner Premier African Minerals Limited (Premier) says unlocking the full production capacity of its Zulu lithium project in Zimbabwe hinges on a revised offtake agreement with Canmax Te...

By Staff reporter | Published: 06 October 2025

BUSINESS NEWS

Herbal libido boosters taking over Harare's streets

Gogo Rasta* has become a popular figure on Harare central business district's bustling downtown streets where she sells small sachets of traditional herbs.The self-styled herbalist, who refused to dis...

By Staff reporter | Published: 30 September 2025

POLITICS

Zimbabwe targets Comesa to boost exports

Zimbabwe is set to leverage the 18th COMESA Business Forum & Exhibition in Nairobi from October 6 to 9, 2025, to integrate its key economic sectors into regional value chains, a move officials sa...

By Staff reporter | Published: 25 September 2025

BUSINESS NEWS

Zimbabwe slashes fees to boost ease of doing business

The Government has approved sweeping reforms in the tourism sector, cutting and streamlining licences, permits, levies and fees in line with President Mnangagwa's directive to enhance the ease of doin...

By Staff reporter | Published: 27 August 2025

BUSINESS NEWS

Zimbabwe's diamond sector gets boost

Zimbabwe's diamond cutting and polishing sub-sector is set for a major boost following a landmark partnership with Indian diamond processing giant, Harry Krishna Exports.The cooperation agreement, ann...

By Staff reporter | Published: 25 August 2025

BUSINESS NEWS

Recycling initiative set to boost Zimbabwe jobs

Recycling dairy packaging could create jobs, reduce imports, and protect the environment, provided collection volumes meet international thresholds, the Dairy Processors Association of Zimbabwe (DPAZ)...

By Staff reporter | Published: 21 August 2025

BUSINESS NEWS

Digital shift boosts Zimbabwe's tax collections

Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save ti...

By Staff reporter | Published: 19 August 2025

ZIMBABWE

ZSE pushes for another equities tax cut to boost selloffs

The Zimbabwe Stock Exchange Holdings (ZSEH) is lobbying the government for a further reduction in the capital gains withholding tax (CGWT) to make trading on the bourse more attractive and stimulate m...

By Staff reporter | Published: 10 August 2025

SOCCER

Dynamos boost player bonuses, hire psychologists

Facing the real threat of Castle Lager Premier Soccer League relegation, Dynamos have moved to boost morale and performance by increasing player winning bonuses by more than 300% and hiring sports psy...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

NatPharm boosts medicines availability

The National Pharmaceutical Company (NatPharm) announced it expects to receive close to 400 different lines of medicines and health consumables over the next three months as part of its efforts to imp...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

Major boost for water purification

In a significant environmental breakthrough, the Government of Zimbabwe has inked water purification agreements with Belarus aimed at addressing the escalating problem of leachate pollution at landfil...

By Staff reporter | Published: 20 May 2025

INDUSTRIALS & ENERGY

Zimbabwe set for 300MW coal power plant boost

Zimbabwe's push to strengthen its energy infrastructure has received a significant boost, with independent power producer Huoyuntong Investments (Private) Limited applying to establish a 300-megawatt ...

By Staff reporter | Published: 20 May 2025

BUSINESS NEWS

Zimbabwe focuses on boosting productivity in winter season

Zimbabwe has positioned itself for a strong winter cropping season with an estimated 141,000 hectares available for wheat production following an extensive rehabilitation of irrigation infrastructure....

By Staff reporter | Published: 18 May 2025

BUSINESS NEWS

RBZ moves to boost ZiG use

The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...

By Staff reporter | Published: 14 May 2025

BUSINESS NEWS

Govt boosts completion drive on Harare - Beitbridge highway

The Government has released a new tranche of funding to expedite the completion of outstanding sections of the Harare - Beitbridge Highway, with contractors now back on site and working at full thrott...

By Staff reporter | Published: 14 April 2025

INDUSTRIALS & ENERGY

Forex earnings boost Afsun H1 as group embarks on major soft refurbishments

Foreign currency earnings, which constituted 45% of revenue, helped African Sun post a 765% increase in the bottom-line for the half year to June 30.  This is in spite of a drop in occupancy leve...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Potraz boosts Govt's e-learning initiative

The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) donated 10 computers and 100 backpacks to five schools here on Wednesday to complement Government's e-learning initiative. T...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

AfDB boost for Mthuli Ncube

FINANCE and Economic Development Minister Professor Mthuli Ncube has said the African Development Bank (AfDB) board has endorsed Zimbabwe's reform agenda under the Transitional Stabilisation Programme...

By Staff reporter | Published: 12 June 2019

BUSINESS NEWS

Govt gives IDC $30m boost

The government has given the Industrial Development Corporation of Zimbabwe (IDCZ) $30m to kick-start its role as a development financing institution and help local manufacturers, Finance Minister Mth...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Bulawayo industries get $22m investment boost

The Zimbabwe Special Economic Zones Authority (ZIMSEZA) says it has approved $22 million worth of investments for Bulawayo. This comes as government is implementing various measures to revive the coun...

By Fin Gaz | Published: 07 February 2019

TRANSPORT & TOURISM

'17,5% boost in tourist entries'

Zimbabwe recorded a 17,5 percent increase in the number of tourists who entered the country in 2018, the department of Immigration has said.The number of travellers cleared around the country's ports ...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

'Declare Kariba an economic zone to boost tourism'

MASHONALAND West Senator Sikelela Gumpo (Zanu PF) has called on government to declare Kariba a special economic zone, saying the town has the potential to earn foreign currency, as well as open up emp...

By Staff reporter | Published: 01 January 2019

TRANSPORT & TOURISM

ZimParks in bid to boost domestic tourism

THE Zimbabwe Parks and Wildlife Management Authority (Zimparks) is considering a downward review of its service charges for locals in an effort to promote domestic tourism in 2019. Zimparks public rel...

By Staff reporter | Published: 01 January 2019

INDUSTRIALS & ENERGY

Fair valuation boosts Seed Co profit

SEED CO posted a $69,03 million profit after tax for the half-year ended September 30, 2018 following a fair valuation of its subsidiary, Seed Co International Limited.The fair valuation was undertake...

By Staff reporter | Published: 05 December 2018
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