BUSINESS NEWS

Tax breaks for renewable energy investors as govt launches new policy

Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...

By Staff reporter | Published: 19 March 2020

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

TRANSPORT & TOURISM

Air Zimbabwe failing to attract an investor

INSOLVENT flag carrier Air Zimbabwe is failing to attract an investor, 11 months after government invited bids from potential suitors to take over the embattled entity, the Zimbabwe Independent can re...

By Staff reporter | Published: 11 October 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

ZIMBABWE

Foreign investors threaten ZSE pullout

The inability by foreign investors to repatriate capital and disinvestment proceeds from the country is hampering the performance of the Zimbabwe Stock Exchange, amid reports custodians are threatenin...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

Gwanda woos investors with incentives

GWANDA, which is eyeing city status in a year, has dangled a carrot to investors by offering incentives to businesses willing to set base in the gold mining town.The town is located 126km southeast of...

By Staff reporter | Published: 28 April 2019

MINING & RETAIL

Zimbabwe to announce more PGM investors

Government will, in the next few weeks, announce at least two more investors that are expected to deploy huge foreign capital in the country's platinum sector as scores of local and foreign investors ...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

'ZITF perfect platform to attract investors'

THE 60th edition of the Zimbabwe International Trade Fair (ZITF) this week is a perfect platform to attract investors towards the implementation of the Special Economic Zones (SEZ), an official has sa...

By Staff reporter | Published: 24 April 2019

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

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

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

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

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

MINING & RETAIL

ZMDC shortlists SA, Canadian investors

THE Zimbabwe Mining Development Corporation (ZMDC) has shortlisted Canadian and South African investors for joint venture partnerships to resuscitate its defunct gold and graphite mines in the country...

By Staff reporter | Published: 26 July 2018

FINANCIAL SERVICES

Investors target Agribank

SEVERAL investors have been lined up to snap a significant stake in Agribank, as government moves to recapitalise the financial institution.The agro-focused bank - wholly owned by government - is stru...

By Staff reporter | Published: 26 July 2018

ZIMBABWE

Foreign investors chase after Old Mutual shares

FOREIGN investors were net buyers of $13 million shares on the Zimbabwe Stock Exchange (ZSE) in June, with particular interest in Old Mutual Limited.According to figures from the ZSE, foreign purchase...

By Staff reporter | Published: 23 July 2018

BUSINESS NEWS

DIDG scheme targets investors abroad

THE Diaspora Infrastructure Development Group (DIDG) has appointed Imara Corporate Finance and EY South Africa as its advisors to set up the Collective Investment Scheme meant to allow other Zimbabwea...

By Staff reporter | Published: 19 July 2018

BUSINESS NEWS

Zim enters new era for investors

Zimbabwe has entered a new era in which all investment is welcome and its safety guaranteed, and where education should be used as a conduit for employment creation and revival of the economy, Preside...

By Staff reporter | Published: 19 July 2018

BUSINESS NEWS

Japanese investors for Zimbabwe

BULAWAYO businessman Mr Raj Modi has revealed that Japanese investors to partner him in setting up a cell phone and laptop assembly plant in the city are set to visit the country in August.Mr Modi, wh...

By Staff reporter | Published: 18 July 2018

ZIMBABWE

Foreign investors spend $104m on ZSE

Zimbabwe Stock Exchange hitting a new low key indicators of the worsening economic crisis.FOREIGN investors spent $104 million in the five months to May 2018 from $21 million in the same period last y...

By Staff reporter | Published: 13 July 2018

LANDS & AGRICULTURE

UK investor eyes CSC

THE Cold Storage Company (CSC) has identified a United Kingdom-based investor set to inject $100 million into Zimbabwe's largest beef processing firm.The ailing State-owned entity, which requires betw...

By Staff reporter | Published: 12 July 2018

MINING & RETAIL

Govt, Chinese investor renegotiate Kamativi deal

GOVERNMENT and Chinese investor Beijing Pinchang, who had earlier expressed interest in reviving Kamativi Tin Mine, are engaged in discussions on whether to renegotiate the deal or terminate it. In an...

By Staff reporter | Published: 03 July 2018

BUSINESS NEWS

Mnangagwa meets German investors

PRESIDENT Mnangagwa yesterday met a 14-member delegation of German businesspeople who expressed interest in investing in Zimbabwe. The team is led by Amatheon Agri Holdings chief executive officer Mr ...

By Staff reporter | Published: 28 June 2018
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