BUSINESS NEWS

Ex-PSMI boss sues for US$1.1 million exit package

Former Premier Services Medical Investment (PSMI) executive director for corporate services, Shingayi Mabuto, has approached the High Court seeking enforcement of a settlement agreement worth more tha...

By Staff reporter | Published: 5 hours ago

TELECOMS & TECHNOLOGY

Econet launches new smartSuite data packages

Econet Wireless Zimbabwe has unveiled its new SmartSuite Fixed Wireless Access (FWA) data packages, offering six plans designed to meet the diverse data needs of households, freelancers, and small to...

By Staff reporter | Published: 09 September 2025

BUSINESS NEWS

Zimbabwe unveils US$1.4 billion agric package

ZIMBABWE has launched a US$1,4 billion agricultural investment package aimed at attracting global financiers to seven high-impact value chains, as the country seeks to meet domestic demand and expand ...

By Staff reporter | Published: 04 September 2025

TELECOMS & TECHNOLOGY

Econet to launch new data packages

Zimbabwe’s largest telecommunications and technology provider, Econet Wireless Zimbabwe, has announced it will soon roll out new data packages aimed at enhancing its popular SmartBiz offering, follo...

By Staff reporter | Published: 09 August 2025

BUSINESS NEWS

Zimbabwe excluded from €500 million EU aid package

Zimbabwe has been excluded from a new €500 million aid package from the European Union (EU) to Africa, following the recent enactment of the controversial Private Voluntary Organisation (PVO) Amendm...

By Staff reporter | Published: 22 May 2025

BUSINESS NEWS

Zimbabwe engages Afreximbank over US$70m package

THE African Export-Import Bank (Afreximbank) is working on a financial package in the region of US$70 million for the local manufacturing sector. This was revealed by Industry and Commerce Minister Nq...

By Staff reporter | Published: 01 July 2019

POLITICS

Mphoko to get his exit package

Former vice president (VP) Phelekezela Mphoko, is now likely to get his terminal benefits, more than a year after he was booted out of government. According to the independently-owned Daily News newsp...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Corporate 24 Medical Aid launches new package

CORPORATE 24 Medical Aid has launched a new package meant for low-income earners called Ndine Plan.The medical aid package has three plans - Gold, Standard and Lite - which are meant for different seg...

By Staff reporter | Published: 27 April 2019

TRANSPORT & TOURISM

Air Zimbabwe offers reward package

AIR Zimbabwe has launched a promotion where customers get a free flight after every four flights to boost trade and domestic tourism.The promotion, dubbed "#Fly4Free," was launched last Friday and wil...

By Staff reporter | Published: 18 July 2018

BUSINESS NEWS

Millers turn to NGOs for rescue package

Local millers have turned to international non-governmental organisations (NGOs) to secure $100 million required for the importation of rice, wheat and other grains amid a worsening foreign currency c...

By Staff reporter | Published: 05 July 2018

MINING & RETAIL

Cornered Hwange boss negotiates exit package

HWANGE Colliery Company Limited (HCCL)'s suspended managing director Thomas Makore has reportedly opened negotiations for an exit package after the board shelved plans for him to face disciplinary act...

By Staff reporter | Published: 25 May 2018

BUSINESS NEWS

RBZ pledges firms retooling package

VARIOUS funding mechanisms to aid retooling for local companies are being worked on to enhance competitiveness in light of a rise in foreign direct investment under the new dispensation, the central b...

By Staff reporter | Published: 12 April 2018

BUSINESS NEWS

Monetary packages for industry revival

The Reserve Bank of Zimbabwe will soon unveil a number of monetary packages to capacitate the local industry so that it can compete with international companies set to open shop in the country ahead o...

By Staff reporter | Published: 10 April 2018

BUSINESS NEWS

China to announce new package for Zimbabwe

China is expected to announce a new package of assistance to Zimbabwe in a few days time and Afreximbank is expected to announce measures to help ease the liquidity crisis in Zimbabwe.Addressing a med...

By Staff reporter | Published: 30 March 2018

BUSINESS NEWS

RBZ mulls firms retooling package

THE Reserve Bank of Zimbabwe (RBZ) is working on providing long-term funding for retooling to local companies ahead of the envisaged massive investment under the new economic order, an official said y...

By Staff reporter | Published: 15 February 2018

BUSINESS NEWS

Zimbabwe's $1,5bn package: The details

THE US$1,5 billion package from the Africa Export-Import Bank (Afreximbank), which was availed in December last year, will be used to stimulate the economy by providing investment guarantee, supportin...

By Staff reporter | Published: 04 February 2018

TELECOMS & TECHNOLOGY

TelOne launches new home broadband packages

1§Fixed telecommunications services operator, TelOne,  has unveiled new home broadband packages which are technology neutral and offer flexible packages from as low as $1 in response to the fee...

By Staff reporter | Published: 10 December 2017

INDUSTRIALS & ENERGY

Bata dangles voluntary retrenchment packages

BATA Shoe Company in Gweru has reportedly offered employees a voluntary retirement scheme (VRS) as part of efforts to cut labour costs, Southern Eye has learnt.The company is also offering bonuses to ...

By Staff reporter | Published: 28 November 2017

BUSINESS NEWS

Basic commodities being repackaged for resale

THE Consumer Council of Zimbabwe (CCZ) says some basic commodities, which disappeared from shelves since weekend have been found on the black market.CCZ executive director, Ms Rosemary Siyachitema, sa...

By Staff reporter | Published: 28 September 2017

BUSINESS NEWS

Ref-Air seeks $300k retooling package

REFRIGERATION and Air Conditioning Services (Ref-Air) has engaged the Ministry of Industry and Commerce seeking support in raising $300 000 for retooling so as to meet export needs.The Bulawayo-based ...

By Staff reporter | Published: 27 August 2017

FINANCIAL SERVICES

NMB launches new package

NMB Bank has launched a new package of financial services after unveiling the NMBLife range of products at the ongoing Harare Agricultural Show. This takes the group's progress, in terms of the bank's...

By Staff reporter | Published: 22 August 2017

POLITICS

Cash package for Zim-Asset

The Chinese government is ready to provide a package to fund the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset), the economic blueprint to steer economic revival over the ne...

By Staff reporter | Published: 07 May 2014

BUSINESS NEWS

Zimbabwe scrambles for rescue package

Zimbabwe's government is scrambling to re-establish lines of credit pledged by Southern African Development Community (SADC) member countries four years ago, as it seeks to rescue the faltering econom...

By Staff reporter | Published: 25 April 2014

ZIMBABWE

'Zim requires $22bn stimulus package'

ZIMBABWE requires a $22 billion stimulus package from international capital markets to ignite economic growth on the back of massive company closures and intense competition from regional peers, a loc...

By Business Reporter | Published: 09 December 2013

BUSINESS NEWS

Liquidity crunch affecting retrenchment packages

Zimbabwean employers have been pressured by different negative factors in the economy to retrench in order to keep their companies operational.The major challenge that companies have been facing is of...

By Business reporter | Published: 30 August 2013
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