BUSINESS NEWS

Local firms seek to partner UK companies

SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...

By Staff reporter | Published: 10 October 2019

ZIMBABWE

ZSE to maintain dual listing for local companies

DUAL listing remains the most viable option for local listed companies and the Zimbabwe Stock Exchange (ZSE) will not dump its plan to collaborate with other offshore bourses despite the 90-day morato...

By Staff reporter | Published: 12 July 2019

BUSINESS NEWS

Buy Zimbabwe pushes for law to support local industry

BUY Zimbabwe founder and director Munyaradzi Hwengwere has said his organisation is pushing for legislation to force local public institutions to buy locally and support local industries. This comes a...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Buy local summit kicks off in Bulawayo

THE 9th Annual Buy Local Summit kicks off in Bulawayo this morning with President Mnangagwa expected to deliver the keynote address. The two-day event is being held at the Zimbabwe International Exhib...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Local content threshold set at 80%

GOVERNMENT's much awaited Local Content Strategy (LCS) which was approved by Cabinet on Tuesday has set an 80 percent minimum threshold for all products. This strategy forms part of interventions whic...

By Staff reporter | Published: 13 June 2019

BUSINESS NEWS

Local currency long overdue, analysts

The current uptake of about 85 percent in transactions using the local RTGS systems is a clear sign Zimbabwe is now nearing the stage where it might be convenient to introduce a new local currency.Eco...

By Staff reporter | Published: 05 May 2019

OPINION

Local currency comeback most welcome

The madness seems relentless across all platforms.One school of thought is that  sooner than later, the RTGS rate to the US dollar will reach its full elasticity, beyond which it will not advance...

By Garikai Mazara | Published: 05 May 2019

BUSINESS NEWS

Council opts for locally-made water chemicals

Harare City Council (HCC) has started carrying out trial runs for locally-made water purification chemicals which are expected to reduce the demand for foreign currency and save the local authority US...

By Staff reporter | Published: 26 April 2019

MINING & RETAIL

Zimbabwe to pursue local lithium beneficiation

Zimbabwe intends to vigorously pursue local value addition of its lithium resources to maximise export earnings from the mineral, a Cabinet Minister has said. Lithium is used to make various items inc...

By Staff reporter | Published: 25 April 2019

BUSINESS NEWS

Local currency recipe for disaster

FINANCE minister Mthuli Ncube's recent pronouncements that Zimbabwe will revert to using its own currency, a decade after it abandoned the local dollar in favour of a basket of currencies is not feasi...

By Staff reporter | Published: 19 January 2019

INDUSTRIALS & ENERGY

SeedCo works on developing local rice seed

GIANT seed house, SeedCo says it is working on developing rice varieties suitable for local climatic conditions to reduce the country's reliance on imports. Naturally the cereal originates in tropical...

By staff reporter | Published: 24 December 2018

BUSINESS NEWS

Zimbabwe looking at introducing local crude oil refinery

Zimbabwe should seriously consider establishing a local crude oil refinery as a way of cutting the ballooning fuel bill, according to the Zimbabwe Energy Regulatory Authority (Zera).Zimbabwe's fuel co...

By Staff reporter | Published: 23 December 2018

BUSINESS NEWS

'Engage local firms to save forex'

Priority in public procurement tenders must be awarded to local companies ahead of foreign contractors to boost local industry as well as save foreign currency, according to Finance and Economic Devel...

By Staff reporter | Published: 27 November 2018

POLITICS

Mnangagwa needs to engaging every citizen locally and abroad

Build Zimbabwe Alliance leader Noah Manyika has said Zimbabwe's economic transformation needs President Emmerson Mnangagwa to go beyond appointing a good Cabinet to engaging every citizen locally and ...

By Staff reporter | Published: 13 September 2018

BUSINESS NEWS

Major mines shunning local products

LESS than $400 million of at least $2 billion generated by major miners is being channelled into the procurement of domestic products, a Buy Zimbabwe executive said last week.The buy local campaigner'...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

'75% of products in shops locally manufactured'

Livingstone Marufu Business ReporterIndustry, Commerce and Enterprise Development Minister, Dr Mike Bimha, has said over 75 percent of goods in retail shops and wholesalers are now locally manufacture...

By Staff reporter | Published: 15 June 2018

POLITICS

Chamisa's ministers will be treated in local hospitals

MDC Alliance leader Nelson Chamisa says if elected into power, his ministers will be compelled to receive treatment locally to ensure that government improves social amenities.Chamisa also declared th...

By Staff reporter | Published: 10 June 2018

BUSINESS NEWS

Hwange firms slammed for sidelining locals

Hwange-based companies came under fire yesterday as residents complained bitterly that they are deliberately being excluded in terms of employment, even for junior positions of cleaners, which they cl...

By Staff reporter | Published: 06 June 2018

POLITICS

1 000 local election observers accredited

MORE than 1 000 local observers were accredited for the country's pre-election season to assess the Biometric Voter Registration and Voters Roll Inspection, the Zimbabwe Electoral Commission said yest...

By Staff reporter | Published: 01 June 2018

OPINION

Local government elections must be held separately

It's election year again and the usual suspects are out there promising everything to everyone, everywhere they go.Pertinently below the rubble, of harmonised elections lies a very important plebiscit...

By Dumisani O Nkomo | Published: 30 May 2018

POLITICS

Local firm to print ballot papers

THE Zimbabwe Electoral Commission (Zec) will print ballot papers for the forthcoming general elections locally, amid indications that Government Printers is a firm favourite to do the job ahead of Fid...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

'Zimbabwe must incentivize local content policy'

Incentives should be rolled out for financial institutions to lend to local investors to drive Zimbabwe's local content policy, a new report has revealed. Zimbabwe is working on a local content policy...

By Staff reporter | Published: 16 May 2018

TELECOMS & TECHNOLOGY

Local producers urged to feed Zimdigital project

THE Permanent Secretary in the Ministry of Information, Media and Broadcasting Services, George Charamba, says the ongoing Zimdigital project presents an opportunity for local artists to show their cr...

By Staff reporter | Published: 02 May 2018

POLITICS

Chinese team arrives to train locals

Implementation of mega deals signed between Zimbabwe and China during President Mnangagwa's recent visit to Beijing received a boost yesterday with the arrival of a high-powered delegation from China'...

By Staff rpeorter | Published: 23 April 2018

BUSINESS NEWS

Delta on ins and outs of local sourcing

Zimbabwe's brewery giant Delta Corporation reported significant growth in volume and revenue for the fourth quarter to March 2018. This helped the group recover from four years of recording volumes an...

By Staff reporter | Published: 20 April 2018
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