FINANCIAL SERVICES

European Investment Bank warms up to Zimbabwe

The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...

By Staff reporter | Published: 02 June 2022

FINANCIAL SERVICES

Zimnat gets RBZ nod for offshore investment

INSURER, Zimnat, says it has received exchange control permission to invest policyholder's funds contributed in foreign currency in offshore financial markets. The exchange control approval relates to...

By Staff reporter | Published: 04 October 2019

MINING & RETAIL

TV Sales & Home in major synergistic investments

FURNITURE and electrical appliances retailer, TV Sales & Home, has acquired a 49 percent stake in bed maker, Restapedic, and separately established a joint venture lounge suite manufacturing compa...

By New Ziana | Published: 01 October 2019

BUSINESS NEWS

Mugabe coup announcer talks up investment in Westminster

Foreign Affairs and International Trade Minister Dr Sibusiso Busi Moyo yesterday had lunch with the powerful Westminster Africa Business Group in London and invited them to grab investment opportuniti...

By Staff reporter | Published: 12 July 2019

MINING & RETAIL

Vast talks up Zimbabwe investment

AIM-listed mining and resource development concern, Vast Resources, is expecting a turnover of US$53 million per annum in its envisaged diamond mining investment in the country, the firm told an inves...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Zimbabwe Investment Development Bill softens up on foreign investors

THE Zimbabwe Investment Development Bill (Zida), currently in its second reading stage in the National Assembly, will soften up on foreign investors and treat them in the same way that Zimbabwean inve...

By Staff reporter | Published: 20 June 2019

BUSINESS NEWS

Strong investment appetite for Zimbabwe

Zimbabwe has elicited strong investor interest over the first quarter of the year, with investments worth over US$286 million having been approved by the Zimbabwe Investment Authority (ZIA).Total inve...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

More China investments coming to Zimbabwe

I arrived in Harare last month and I have already had a deep impression of the beautiful scenery, pleasant climate and wonderful people of Zimbabwe.I am especially moved by the friendship that Zimbabw...

By Ambassador Guo Shaochun | Published: 28 April 2019

BUSINESS NEWS

Botswana leader attacks Zimbabwe investment climate

Botswana President Mokgweetsi Masisi has dangled a carrot to Zimbabwean business tycoon, Strive Masiyiwa, saying his country was the safest destination for his telecommunications investments.Speaking ...

By Staff reporter | Published: 25 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

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

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

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

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

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

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

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

BUSINESS NEWS

Ndhlukula projects rush in investments after elections

ZIMBABWEAN businesses should be self-adaptive and grab investment opportunities being ushered in by the new political dispensation.Zimbabwe National Chamber of Commerce (ZNCC) immediate past president...

By Staff reporter | Published: 12 July 2018

TELECOMS & TECHNOLOGY

Econet takes stock of investments

ECONET Wireless Zimbabwe has channeled over $3,2 billion in sourcing goods and services from local industries including small to medium enterprises over the past 20 years.Group chief executive officer...

By Staff reporter | Published: 12 July 2018

BUSINESS NEWS

Midlands dominates new tourism investment growth

THE Midlands province has been identified as a growing hotspot for hospitality industries, surpassing other provinces as evidenced by emerging players mainly in Gweru, Kwekwe and Zvishavane.This emerg...

By Staff reporter | Published: 02 July 2018

JOBS

Young Investment Professional (YIP) Graduate Programme 2019

Company Name Investec Asset Management Company Location Cape Town, Western Cape, South Africa Click HEREJob descriptionOverview of the programme     12 months of on-the-job learning&nbs...

By YIP | Published: 21 June 2018

TELECOMS & TECHNOLOGY

Zim to expand broadband network investment

The government is targeting to expand investments in the broadband networks by ensuring that more fibre optic cables are laid to connect all towns and districts across the country.The plan is being ma...

By Staff reporter | Published: 20 June 2018
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