BUSINESS NEWS

Zida warns US$43,12m at stake in haulage, logistics industry

The Zimbabwe Investment and Development Agency (Zida) has raised alarm over the potential loss of US$43.12 million in foreign investment in the haulage and logistics sector, following the implementati...

By Staff reporter | Published: 10 July 2025

BUSINESS NEWS

Pharmaceutical industry grapples with border smuggling

Zimbabwe's pharmaceutical industry is battling a cocktail of systemic challenges that are stifling growth and jeopardising public health, sector leaders have warned.At the third annual Community Pharm...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

Zim industry leaders call for Unified Taxation System

Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...

By Staff reporter | Published: 01 July 2025

BUSINESS NEWS

Zimbabwe gazettes new capital requirements for insurance industry

The Zimbabwean government has gazetted new minimum capital requirements in United States Dollars for players in the insurance sector, a move aimed at strengthening the financial soundness and operatio...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Bulawayo company pioneers dust suppression breakthrough

In a significant stride towards sustainable industrialisation, Bulawayo-based manufacturing firm, Chemical Technology Africa (CTA), has unveiled an innovative solution to combat air pollution caused b...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Massive fire guts Steelworks Industrial yard in Bulawayo

A towering blaze tore through the Steelworks Industrial area in Bulawayo on Thursday afternoon, destroying property estimated to be worth millions of dollars and leaving a trail of devastation.The inf...

By Staff reporter | Published: 24 June 2025

TRANSPORT & TOURISM

France's Accor enters Zimbabwe's hospitality industry

FRENCH multinational hospitality company, Accor SA, has entered the local market after signing Notovel Victoria Falls Hotel, a landmark project in the resort city.Accor is considered the largest hospi...

By Staff reporter | Published: 24 June 2025

AFRICA BUSINESS

SADC pushes for education reform to spur industry

Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...

By Staff reporter | Published: 24 June 2025

MINING & RETAIL

Zimbabwe mining industry to grow by 7% in 2025

Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ).Latest...

By Staff reporter | Published: 18 May 2025

INDUSTRIALS & ENERGY

Zimbabwean industry told to stop importing steel

Dinson Iron and Steel Company (DISCO) Chief Executive Officer, Takana Xu, has called on Zimbabwean industries to stop importing steel and instead support local production, saying the country is now ca...

By Staff reporter | Published: 10 May 2025

TRADE & INDUSTRY

Zimbabwe's steel industry set for a significant revival

Zimbabwe's steel industry is set for a significant revival as the Zimbabwe Iron and Steel Company (Zisco) collaborates with Dinson Iron & Steel Company to drive growth and development in the secto...

By Staff reporter | Published: 10 May 2025

BUSINESS NEWS

Matebeleland MPs applaud rural industrialisation drive

Legislators from the Matebeleland region have expressed strong support for the government's emphasis on rural industrialisation, a key theme at this year's Zimbabwe International Trade Fair (ZITF). Ho...

By Staff reporter | Published: 06 May 2025

MINING & RETAIL

Zimbabwe's mining industry sees significant progress

The Government of Zimbabwe has announced significant progress in the development of its Mineral Development Policy and the rollout of a new Online Permit System, as part of its ongoing efforts to mode...

By Staff reporter | Published: 01 May 2025

BUSINESS NEWS

Land sales fuel Harare's Ardbennie rapid industrialisation

The once tranquil and tight-knit residential community of Ardbennie, located about 10 kilometers south of Harare's central business district, is undergoing a dramatic transformation. The quiet sounds ...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

China reaffirms commitment to Zimbabwe's industrialisation agenda

Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...

By Staff reporter | Published: 25 April 2025

BUSINESS NEWS

Mthuli Ncube unveils industrial development facilities

Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...

By Staff reporter | Published: 24 April 2025

EDUCATION

Chiwenga urges industry to partner universities

Vice-President Constantino Chiwenga yesterday called on Zimbabwe's industry and commerce sectors to strengthen their collaboration with universities and research institutions to drive innovation and f...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Minister Ndlovu calls for collaboration to achieve rapid industrialisation

The Zimbabwean government is intensifying efforts to reduce the high cost of doing business and tackle the smuggling of counterfeit products, which have been negatively impacting the country's manufac...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Chiwenga urges private sector to drive Zimbabwe's industrial revival

Vice President Dr Constantino Chiwenga has underscored the indispensable role of the private sector in spearheading Zimbabwe's industrial transformation, calling for deeper collaboration between gover...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Pensions industry's financial position strengthens in 2024

THE pensions industry's total asset valuation rose by 13,3% to US$2,26 billion last year, driven by revaluation gains, new investments and fair value gains on investments, a new report has shown.The g...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Bulawayo City Council seeks ideas to revive city's industries

In a bid to combat urban decay and rapid de-industrialisation, Bulawayo city leaders are urging residents, policy experts, and various stakeholders to contribute innovative solutions that can drive su...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Dutch firm blocked from purchasing Astra Industries parent company

A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...

By Staff reporter | Published: 12 September 2023

ZIMBABWE

Inflationary pressures choke Zimbabwe industry

A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...

By Staff reporter | Published: 02 June 2022

INDUSTRIALS & ENERGY

Cooking oil industry engages RBZ

The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...

By Staff reporter | Published: 02 June 2022

TELECOMS & TECHNOLOGY

Zimbabwe telecoms industry courts Indian investors

Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...

By Staff reporter | Published: 18 October 2019
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