BUSINESS NEWS

Business welcomes RTGS for FCAs

Business has welcomed the Reserve Bank of Zimbabwe (RBZ)'s move to allow payments through the real time gross settlement (RTGS) system for foreign currency account (FCA) holders.The Ministry of Financ...

By Staff reporter | Published: 30 January 2019

POLITICS

Business skills training for war vets

THE National Business Council of Zimbabwe (NBCZ) has embarked on nationwide capacity-building and training programmes for war veterans to venture into sustainable income- generating projects with the ...

By Staff reporter | Published: 21 December 2018

POLITICS

Zanu PF councillor threatens to kill businessman

ZANU PF councillor for Mberengwa ward 35 has been slapped with a $150 fine or an alternative three-month jail term for threatening to kill a local businessman.Kufazvinei Mzezewa (37) of Honyobwe in Mb...

By Staff reporter | Published: 20 December 2018

BUSINESS NEWS

Businesswoman's trial for 'externalising' $6m postponed

THE trial of a Bulawayo businesswoman who has been on the police wanted list for allegedly externalising more than $6 million to Botswana, has been postponed to January 25 next year. Delny Deanna Ashl...

By Staff reporter | Published: 19 December 2018

TRANSPORT & TOURISM

Brisk business for Victoria Falls tourism players

A MAJORITY of tourism players in Victoria Falls managed to break even in terms of arrivals and income this year owing to renewed interest generated by the new political administration. The Employers' ...

By Staff reporter | Published: 17 December 2018

BUSINESS NEWS

Businessman faces jail over $4,7m debt

Prominent businessman Munner Kamruddin Kazi faces jail after his former business partner Thamer Said Al Shanfari approached the High Court, seeking his civil imprisonment over a $4,7 million debt.Thro...

By Staff reporter | Published: 10 December 2018

BUSINESS NEWS

New boss for Tourism Business Council

THE Tourism Business Council of Zimbabwe (TBCZ) has appointed Ms Winnie Muchanyuka as its new president, replacing Mr Tich Hwingwiri. Ms Muchanyuka was the vice-president of the Zimbabwe Council of To...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

Industry Minister dates Bulawayo businesses

INDUSTRY and Commerce Minister, Nqobizitha Mangaliso Ndlovu, will meet businesses in Bulawayo today as the city hosts the Competition and Tariff Commission (CTC) conference. The event is being organis...

By Staff reporter | Published: 05 December 2018

BUSINESS NEWS

Businessman freed on bail

A Harare businessman, Michael Van Blerk, who is accused of defrauding Harare City Council (HCC) of $1,5 million in a property development deal, has been released on $2 000 bail by the High Court. Just...

By Staff reporter | Published: 27 November 2018

BUSINESS NEWS

Mthuli Ncube to meet Bulawayo businesses

FINANCE and Economic Development Minister Professor Mthuli Ncube will meet captains of industry and commerce in Bulawayo today to explain key points of the 2019 National Budget Statement as well as cl...

By Staff reporter | Published: 26 November 2018

BUSINESS NEWS

Ginimbi, Wicknell and the evolution of Zimbabwe's flamboyant businessman

WHEN Zimbabwe's Minister of Finance Mthuli Ncube announced the country's highly anticipated budget last Thursday, it would have been interesting to have been a fly on the wall in the residences of the...

By Staff reporter | Published: 25 November 2018

BUSINESS NEWS

Businessman remanded for mortgaging council land

A HARARE businessman, one of the shareholders of Augur Investments that won a tender to construct Airport Road, appeared in court yesterday facing fraud allegations after he mortgaged City of Harare l...

By Staff reporter | Published: 23 November 2018

BUSINESS NEWS

Govt to meet business over prices

GOVERNMENT is today expected to meet manufacturers and retailers in a bid to address price hikes, a Cabinet minister confirmed yesterday. The country witnessed astronomical increases of basic commodit...

By Staff reporter | Published: 19 November 2018

INDUSTRIALS & ENERGY

Proplastics basks in good business

PLASTIC pipes and fittings manufacturer, Proplastics Limited, recorded a strong performance in the first six months of 2018 with a 70 percent jump in revenue from $6,3 million to $10,8 million when co...

By Staff reporter | Published: 27 September 2018

POLITICS

Zanu-PF looks to revive business empire

President Emmerson Mnangagwa's ruling Zanu-PF is looking to revive its fallen business empire, crippled by gross mismanagement and corruption.In an interview with the Daily News, the ruling party's ad...

By Staff reporter | Published: 21 September 2018

MINING & RETAIL

Boom in Mine Entra bookings reflects growing business confidence

This year's edition of the Mining, Engineering and Transport (Mine Entra) expo is already 93% booked, a sign of growing business confidence in the sector and strong international interest in doing bus...

By Staff reporter | Published: 21 September 2018

BUSINESS NEWS

Business, labour meet to tackle economic crunch

BUSINESS and labour met in Masvingo last week to find ways to improve productivity and competitiveness.This comes at a time the country's economic crisis is deepening, with prices of basic goods skyro...

By Staff reporter | Published: 14 September 2018

BUSINESS NEWS

Govt goes after businesses as cash crisis gnaws

The Zimbabwe Anti-Corruption Commission (Zacc) has threatened to go after businesses that do not bank cash proceeds as well as financial institutions that allegedly channel cash into the informal sect...

By Staff reporter | Published: 06 September 2018

POLITICS

ZACC goes after businessman Adam Molai

The Zimbabwe Anti-Corruption Commission (ZACC) has initiated processes to arrest Harare businessman and Pacific Cigarette Company founder, Adam Molai, over allegations he fraudulently received $16 mil...

By Staff reporter | Published: 27 July 2018

BUSINESS NEWS

Business couple jailed over bank debt

HARARE businessperson Jameson Rushwaya and his wife Annie were yesterday slapped with an order for civil imprisonment after failing to settle a $174 000 loan with the now-defunct Tetrad Investment Ban...

By Staff reporter | Published: 26 July 2018

Business couple jailed over bank debt

HARARE businessperson Jameson Rushwaya and his wife Annie were yesterday slapped with an order for civil imprisonment after failing to settle a $174 000 loan with the now-defunct Tetrad Investment Ban...

By Staff reporter | Published: 26 July 2018

BUSINESS NEWS

NSSA in door to door business inspection

The National Social Security Authority (NSSA) Compliance Inspectors will be carrying out door to door business inspections for all employers within the Harare Region from 16 July to 27 July 2018. The...

By Ngoni Shenjere | Published: 23 July 2018

POLITICS

Mliswa has unfinished business in Norton

Independent National Assembly candidate for Norton constituency, Temba Mliswa says he still has unfinished business in spearheading developmental projects in the area.Mliswa told the ZBC News after hi...

By Staff reporter | Published: 22 July 2018

FINANCIAL SERVICES

Business Hub partners ZB Bank

WOMEN empowerment group Rock the Red Business Hub has partnered with ZB Bank Financial Holdings in a bid to use the financial institution as a conduit for women to access funds from the Reserve Bank o...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

Cigar wrapper farming lucrative business

Tobacco farmers in Burma valley have now shifted to cigar wrapper farming so they could receive direct payments into their accounts for their crop.Tobacco Industry Marketing Board spokesperson Isheune...

By Staff reporter | Published: 17 July 2018
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