BUSINESS NEWS

SEZ approves investors for Bulawayo

The Special Economic Zones Authority says it has approved three investors for special economic zone status in Bulawayo.This follows the declaration of Belmont, Kelvin and Donnington industrial areas a...

By Staff reporter | Published: 07 February 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

BUSINESS NEWS

Investment bill to be gazetted in 2-3 weeks

THE Zimbabwe Investment Development Authority Bill (Zida) is set to be gazetted within the next few weeks. The merging of the country's investment entities mooted in May 2018 is inspired by the Rwanda...

By Staff reporter | Published: 04 February 2019

LANDS & AGRICULTURE

ARDA Katiyo in US$95m investment deal

Agricultural productivity at ARDA Katiyo Estate is being revived after government secured investors that will channel at least US$95 million towards tea and avocado production.The investment deal will...

By Staff reporter | Published: 29 January 2019

MINING & RETAIL

Barcelos invests in another Bulawayo outlet

Internationally-acclaimed Barcelos restaurant is set to invest $350 000 in opening a second branch in Bulawayo. The restaurant boasts of three outlets in the country and is set to open more this year....

By Staff reporter | Published: 11 January 2019

BUSINESS NEWS

Zera investigates 'Queen B' and other fuel dealers

ZIMBABWE Energy Regulatory Authority (Zera) says it is carrying out investigations in collaboration with the police on fuel dealers accused of pushing the product to the black market, where it is then...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

No investors for Amaveni long-distance bus terminus

Kwekwe City Council is still failing to attract investors at the now defunct Amaveni Long Distance bus terminus as city fathers were still deciding what to do with the idle property, several years aft...

By Staff reporter | Published: 31 December 2018

BUSINESS NEWS

Zimbabwe courts Egyptian investors

Zimbabwe has secured interest from Egyptian business investors with revelations that a delegation from the North African nation will follow their targeted areas in the first quarter of next year.The I...

By Staff reporter | Published: 16 December 2018

TELECOMS & TECHNOLOGY

'Zimbabwe telecoms investment costs drop 35%'

ZIMBABWE's infrastructure sharing model has yielded up to 35 percent drop in the cost of investment in the information and telecommunications sector, which will largely benefit ordinary consumers and ...

By Staff reporter | Published: 10 December 2018

BUSINESS NEWS

Zimbabwe ranks lowly on investment

ZIMBABWE attracted US$470 million in foreign direct investment (FDI) in 2018, making it one of the least attractive investment destinations in the Southern African Development Community.This comes aga...

By Staff reporter | Published: 30 November 2018

TRANSPORT & TOURISM

22 investors eye struggling Zupco

LOCAL Government minister July Moyo yesterday told Parliament that 22 investors from local and abroad had expressed interest in struggling State-owned transport operator, Zimbabwe United Passenger Com...

By Staff reporter | Published: 22 November 2018

BUSINESS NEWS

New Zimbabwe Bill to guarantee investments safety

THE Property Rights Bill is being finalised and would be tabled in Parliament before the end of the year as Government moves to guarantee safety of all investments in the country, Industry and Commerc...

By Staff reporter | Published: 21 November 2018

LANDS & AGRICULTURE

Vakayi invests in hatchery

Venture capital firm, Vakayi Capital, has concluded its second investment project in Zimbabwe that will see a Ruwa-based hatchery doubling its output. The hatchery, ZimAvian (Pvt) Ltd, produces broile...

By Staff reporter | Published: 20 November 2018

BUSINESS NEWS

'Zimbabwe ripe for investment'

DEVELOPING markets investment bank, Exotix Capital Limited says Zimbabwe under President Emmerson Mnangagwa's leadership is ripe for investment with potential investors now looking at the country with...

By Staff reporter | Published: 19 November 2018

SOCCER

Fifa investigating Chiyangwa?

Zifa president Phillip Chiyangwa yesterday threatened to sue blogger, Hope Chizuzu who claimed on social media recently that he is in office illegally. Chizuzu, who is also a Harare City FC official s...

By Staff reporter | Published: 15 November 2018

BUSINESS NEWS

CZI in rallying call for investment

THE Confederation of Zimbabwe Industries (CZI) has rallied potential investors to grab available economic opportunities across sectors by taking advantage of on-going reforms being implemented by the ...

By Staff reporter | Published: 30 September 2018

TRANSPORT & TOURISM

NSSA finds investor for Beitbridge hotel

THE National Social Security Authority (NSSA) is finalising an agreement with a leading hotel company that will see its closed Beitbridge hotel facility being re-opened. The proposed venture is likely...

By Staff reporter | Published: 17 September 2018

INDUSTRIALS & ENERGY

Datlabs invests $1 million

PHARMACEUTICAL and personal care products maker, Datlabs Limited, has invested $1 million in capital expenditure meant to bolster production capacity and meet market supply requirements. The Bulawayo-...

By Staff reporter | Published: 17 September 2018

INDUSTRIALS & ENERGY

Delta invests $3m into Bulawayo infrastructure projects

BEVERAGES maker, Delta Corporation, has invested close to $3 million in effluent and road upgrade projects in Bulawayo since 2016 as part of its community development initiatives. As one of the signif...

By Staff reporter | Published: 13 September 2018

MINING & RETAIL

Investors want proof

There are plenty of new and dormant coal projects in Zimbabwe, which can help improve the economy, says senior coal analyst Xavier Prévost.Zimbabwe has abundant coal resources of a high quality, as s...

By Mining Weekly | Published: 09 September 2018

BUSINESS NEWS

'Zimbabwe is open to global investors,' says Chiwenga

ZIMBABWE will continue engaging the international community and open up investment opportunities, as Government forges ahead with its drive to transform the economy and improve livelihoods for its cit...

By Staff reporter | Published: 07 September 2018

BUSINESS NEWS

Govt to pay for land, investments on BIPPAS

Government will pay fair compensation for both land and improvements on all farms falling under the Bilateral Investment Promotion and Protection Agreements (BIPPAs) in line with obligations enshrined...

By Staff reporter | Published: 07 September 2018

FINANCIAL SERVICES

Zimbabwe banks opt for investment securities

ZIMBABWEAN banks are slowly increasing capital allocation towards investment securities after controlled lending rates put pressure on the sector's profits in the half year to June 2018, The Financial...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Delta invests $260k in road upgrade

Delta Corporation, a key player in economic development, has invested over $260 000 towards the upgrade of a road junction that links its Fairbridge Chibuku Super plant with the Harare-Bulawayo Highwa...

By Staff reporter | Published: 06 September 2018

POLITICS

'Amendment of Indigenisation Act opens investment floodgates'

PRESIDENT Emmerson Mnangagwa has hailed his government's decision to amend the Indigenisation Act, saying the move had opened floodgates of foreign direct investments into the country.Speaking at the ...

By Staff reporter | Published: 26 July 2018
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