BUSINESS NEWS

Tagwirei to build multi-million-dollar complex for MSMEs

Newly co-opted Zanu-PF Central Committee member Dr Kudakwashe Tagwirei has announced plans to construct a multi-million-dollar complex at PaDust market in Hatcliffe as part of his drive to boost the g...

By Staff reporter | Published: 17 November 2025

FINANCIAL SERVICES

CBZ secures US$10m facility to fund SMEs

CBZ Bank has signed a US$10 million factoring and supply chain finance line of credit with the African Export-Import Bank (Afreximbank), a move the bank says will revolutionise financing for Zimbabwea...

By Staff reporter | Published: 11 September 2025

POLITICS

US releases a scathing assessment of Zimbabwe

The United States Department of State has issued a scathing assessment of Zimbabwe's human rights situation, citing persistent abuses and the government's failure to hold perpetrators accountable. Th...

By Staff reporter | Published: 19 August 2025

POLITICS

Media smearing Russia's Alabuga programme

The Russian Embassy in Zimbabwe has come to the defence of the Alabuga Start Programme, a work-study initiative accused by Western media of being a front to recruit young women from Africa, including ...

By Staff reporter | Published: 04 August 2025

BUSINESS NEWS

Sexual harassment tops cases reported

The Zimbabwe Gender Commission (ZGC) has revealed that sexual harassment is the most reported issue among more than 4,000 gender-related complaints it has received over the past decade.Speaking during...

By Staff reporter | Published: 28 July 2025

MINING & RETAIL

Impala triples platinum smelting in Zim with new plant

Impala Platinum Holdings' Zimbabwe unit, Zimplats, is set to triple its concentrate processing capacity with the commissioning of a new smelter as part of its ambitious $1.8 billion expansion plan. T...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Zimbabwe SMEs crushed by annual compliance fees

Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is drivi...

By Staff reporter | Published: 24 July 2025

ZIMBABWE

ZSEH pushes for tax incentives to lure SMEs onto bourse

The Zimbabwe Stock Exchange Holdings (ZSEH) is in talks with the government to secure tax incentives aimed at encouraging small and medium-sized enterprises (SMEs) to participate on the stock exchange...

By Staff reporter | Published: 23 July 2025

BUSINESS NEWS

Fraud case against 2 businessmen crumbles

Two Harare businessmen, Brian Murphy and Adam Wood, have been acquitted of fraud and providing false information to a public official after a Harare magistrate ruled that the State failed to prove it...

By Staff reporter | Published: 01 July 2025

BUSINESS NEWS

Outdated policies hindering SMEs growth in Zimbabwe

There is growing urgency for Zimbabwe to overhaul its legal and policy framework governing small and medium enterprises (SMEs) to protect them from the looming threat of regional competition, particul...

By Staff reporter | Published: 11 June 2025

BUSINESS NEWS

SMEs drive Zimbabwe's manufacturing sector

Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...

By Staff reporter | Published: 24 April 2025

FINANCIAL SERVICES

Stanbic Bank wins Best Pan-African Bank for SMEs award

STANBIC Bank has positioned itself as a leader in the small-to-medium enterprise (SME) space through its suite of purpose-built solutions, including the Africa China Trade Agent Proposition, which con...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Smelly Dube scoops top UK award

GWERU-based private property developer Smelly Dube raised the Zimbabwean flag high at the ongoing African Achievers Awards International Lectures and Honours currently underway in Newington, United Ki...

By Staff reporter | Published: 16 July 2019

MINING & RETAIL

Chrome smelters sued over US$7 million ore

Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochine Smelt...

By Staff reporter | Published: 03 July 2019

BUSINESS NEWS

Fairfax dismembers BancABC parent

KENYA'S leading bank in terms of market capitalisation and customer numbers Equity Group has announced that it has entered into an agreement with Pan-Africa-focused banking group Atlas Mara to acquire...

By Staff reporter | Published: 02 May 2019

BUSINESS NEWS

SMES generate $1million in taxes daily at border

SMALL to medium enterprises (SMEs) are generating an average of $1 million a day at the Beitbridge Border Post through payment of taxes, according to Women Affairs, Community, Small and Medium Enterpr...

By Staff reporter | Published: 29 April 2019

BUSINESS NEWS

'SMEs key in uplifting Zimbabwe economy'

The impact of small to medium enterprises (SMEs) on the country's economy cannot be ignored. They contribute largely, not just to the fiscus, but continue to fill the gap in providing services and pro...

By Staff reporter | Published: 16 December 2018

MINING & RETAIL

Bindura smelter project put on hold

PAYMENT for a bond which was floated a few years ago for the restart of a smelter by Bindura Nickel Corporation (BNC) is weighing down on the company's capital requirements after it spent US$5 million...

By Staff reporter | Published: 07 December 2018

POLITICS

Mugabe's Smelly legacy of patronage

Smelly Dube, a businesswoman from Midlands province who was once close to former president Robert Mugabe's family, has been throwing a stink over a controversial housing project that is now giving the...

By BRENNA MATENDERE | Published: 02 December 2018

MINING & RETAIL

Unki Mine smelter nears completion

Anglo American Platinum's local unit, Unki Mine, anticipates completion of its smelter project in the third quarter of 2018 and is expected to create employment and contribute towards economic growth....

By Staff reporter | Published: 27 July 2018

POLITICS

Smear campaign against Khupe from Chamisa' camp

MDC-T leader Thokozani Khupe has assured her supporters that she was still in the presidential race, dismissing speculative social media reports suggesting that she had withdrawn her candidacy to supp...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

SMEs still largely unbanked

Emerging small to medium enterprises (SMEs) are still lagging behind in financial inclusion accounting for only 1 percent of the total bank accounts as at the quarter to March 2018. Figures from the R...

By Staff reporter | Published: 20 June 2018

BUSINESS NEWS

NRZ Pension Fund sues SMEs over rental arrears

THE National Railways of Zimbabwe Contributory Pension Fund has taken one of its Bulawayo tenants, Small and Medium Enterprises Association of Zimbabwe, to court over $13 000 rental arrears. NRZ Pensi...

By Staff reporter | Published: 18 June 2018

POLITICS

Smear campaign against Tshinga Dube

ZANU-PF candidate for Makokoba Constituency Retired Colonel Tshinga Dube yesterday said unscrupulous people were out to smear his name by printing flyers alleging that he was contesting as a Zapu cand...

By Staff reporter | Published: 14 June 2018

TELECOMS & TECHNOLOGY

NetOne to fund 500 SMEs

STATE-owned mobile telecommunications firm, NetOne, has come up with a programme to capacitate 500 Small to Medium Enterprises (SMEs) across the country and help them create jobs in the next few month...

By Staff reporter | Published: 12 June 2018
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