BUSINESS NEWS

Zimbabwe probes foreign involvement in reserved sectors

Government is conducting a study to assess the extent of foreign participation in economic sectors legally reserved for locals, Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi told t...

By Staff reporter | Published: 15 hours ago
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BUSINESS NEWS

RBZ disburses ZiG350 million to key sectors

The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufacturing and agriculture, which accounted for 44.82 pe...

By Staff reporter | Published: 14 July 2025
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BUSINESS NEWS

Job losses plague Zimbabwe's retail, mining sectors

Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...

By Staff reporter | Published: 20 June 2025
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BUSINESS NEWS

Bulawayo ranks industrial sectors for SEZs

THE Bulawayo Special Economic Zones (SEZs) technical working group has recommended a schedule of industrial sector rankings for implementation consideration by the Zimbabwe SEZs Authority.Mining and e...

By Staff reporter | Published: 09 July 2018
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BUSINESS NEWS

Banking loans skewed towards productive sectors

LOCAL banks have improved their support to the productive sectors advancing over 73 percent of their total loan book which stood at $3.80 billion last year.In the past, the banking sector loans and ad...

By Staff reporter | Published: 09 February 2018
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BUSINESS NEWS

Bulawayo identifies 15 sectors for SEZs

BULAWAYO'S Special Economic Zones (SEZs) committee has identified 15 sectors which need to be supported to stimulate the city and the country's economic growth.Bulawayo has initially been designated a...

By Staff reporter | Published: 14 January 2018
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BUSINESS NEWS

'Local content for 13 sectors'

THE Confederation of Zimbabwe Industries has proposed local content regulations on products or operations of foreign firms in 13 sectors including mining, agriculture, manufacturing, energy and touris...

By Staff reporter | Published: 08 August 2017
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MINING & RETAIL

Zim's mining, manufacturing sectors shed 30 100 jobs

The Zimbabwe National Statistics Agency (Zimstat) says 30 100 workers lost their jobs in the mining and manufacturing sectors last year."There has been a decline in the number of people employed in th...

By Staff reporter | Published: 21 June 2015
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MINING & RETAIL

Mine workers wage demand may affect other economic sectors

THE Associated Mine Workers Union of Zimbabwe (AMWUZ) is demanding wages linked to the poverty datum line (PDL) in its 2014 collective bargaining negotiations with the Chamber of Mines. AMWUZ presiden...

By Staff reporter | Published: 04 December 2013
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ZIMBABWE

Construction, agric sectors fail to attract investment

THE construction and agriculture industries are at the deep end after failing to attract any foreign direct investments (FDI) in the six months ended June, as potential suitors continue to shun the se...

By Business reporter | Published: 14 August 2013
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