BUSINESS NEWS

ICAZ to hold IAS29 workshops

Zimbabwe's economy is now considered hyperinflationary for accounting purposes under International Financial Reporting Standards, a determination that requires companies to account, monitor inflation ...

By Staff reporter | Published: 17 October 2019

POLITICS

Fashion shops offer to dress Job Sikhala

SEVERAL clothing outlets are report- edly scrambling to dress Zengeza West legislator Job Sikhala following the circulation of pictures of him in a seem- ingly tiny waistcoat. Wiwa, as the Zengeza Wes...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

Fashion shops offer to dress Job Sikhala

SEVERAL clothing outlets are reportedly scrambling to dress Zengeza West legislator Job Sikhala following the circulation of pictures of him in a seemingly tiny waistcoat. Wiwa, as the Zengeza West MP...

By Staff reporter | Published: 05 October 2019

CONSTRUCTION & PROPERTY

Sawanga Shopping Mall space uptake 95%

ZIMRE Property Investments (ZPI) says about 95 percent of space at its Sawanga Shopping Mall in Victoria Falls has been taken up due to the growing confidence in the upmarket project.ZPI completed the...

By Staff reporter | Published: 05 October 2019

BUSINESS NEWS

Government to name and shame overpricing shops

ZANU-PF national secretary for the commissariat Victor Matemadanda yesterday warned businesses in Bulawayo against selling goods at exorbitant prices, saying corrective measures will soon be taken aga...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Big retail shops comply with forex directive

A snap survey conducted yesterday revealed that several retail shops in Bulawayo had already complied with the new policy and were selling their products in local currency. Although others had adjuste...

By Staff reporter | Published: 26 June 2019

OPINION

Online shopping: why its unstoppable growth may be coming to an end

Many people probably assume that online stores are making a fortune, without all the costly bricks and mortar. But the reality is rather different.Many ecommerce activities are, in fact, unprofitable;...

By Ralf Seifert & Richard Markoff | Published: 14 June 2019

BUSINESS NEWS

Sanitary wear firm sets up shop in Bulawayo

A CHINESE owned company, Tiens International Group, plans to open a new sanitary wear plant in Bulawayo, whose products they claim have reproductive system healing qualities.  The firm participat...

By Staff reporter | Published: 03 May 2019

BUSINESS NEWS

More duty-free shops at Zimbabwe airports

CIVIL Aviation Authority Zimbabwe (Caaz) has embarked on a major drive to increase duty-free shops at the Robert Gabriel Mugabe and Victoria Falls airports.Zimbabwe currently has four duty-free shops,...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

Panicking Zimbabwean shoppers besiege supermarkets

Hundreds of panicking shoppers yesterday thronged  supermarkets  and engaged in panic buying after some of the country's leading retailers opened their doors to the public following three da...

By Staff reporter | Published: 19 January 2019

POLITICS

Bid to loot Nkulumane Shopping Mall thwarted

BRAVE vendors operating from Nkulumane bus terminus have emerged as heroes after repelling violent protestors who wanted to loot shops at Nkulumane Shopping Complex in Bulawayo on Monday and Tuesday. ...

By Staff reporter | Published: 19 January 2019

BUSINESS NEWS

SA engineering firm sets up shop in Bulawayo

A SOUTH African-based engineering company, Nadlac Automation has opened shop in Bulawayo and seeks to play its part in industry revival and growing Zimbabwe's economy. In an interview, Nadlac business...

By Staff reporter | Published: 07 December 2018

BUSINESS NEWS

$2,5m Shurugwi shopping mall project resumes

CONSTRUCTION of Shurugwi Town Council's $2,5 million shopping mall has begun, with construction equipment already on the ground, Southern Eye has established.Last year, construction of the three-store...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

60% of Bulawayo shopping complex capital needs met

Construction of a $12 million shopping complex in Bulawayo's Cowdray Park suburb by Sai Enterprises is on course, with $6 million of the project's total capital requirements having been spent, an offi...

By Staff reporter | Published: 26 July 2018

Fire razes down NetOne shop

PROPERTY worth thousands of dollars went up in flames on Monday after a fire razed down a NetOne shop in Marondera.Residents watched helplessly as the fire engulfed the building, with the police block...

By Staff reporter | Published: 04 July 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

BUSINESS NEWS

Zim to host housing finance workshop

The African Union for Housing Finance (AUHF), a member-based association of 61 mortgage banks, building societies, housing corporations and other organisations involved in the mobilisation of funds fo...

By Staff reporter | Published: 12 June 2018

BUSINESS NEWS

GE in the process of setting up shop in Zimbabwe

President Emmerson Mnangagwa yesterday told over 40 000 youths at a convention in Mkoba that it was pleasing that giant multinational companies like General Electric from the United States were in the...

By Staff reporter | Published: 01 June 2018

BUSINESS NEWS

Zimbabwe eyes one-stop-shop investment centre

GOVERNMENT has started gathering input from the private sector on the possible merger of six entities to form a one-stop shop investment centre.According to preliminary work, eight entities have been ...

By Staff reporter | Published: 15 May 2018

BUSINESS NEWS

CZI hosts business linkages workshop

THE Confederation of Zimbabwe Industries (CZI) is set to host a business linkages and small-to-medium enterprises (SMEs) development workshop, to foster strong business relations for mutual benefit.In...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

World's largest construction firm to set up shop in Zim

The world's largest infrastructure development company, China Communications Construction Company (CCCC), will soon set up a regional office in Zimbabwe at the invitation of President Emmerson Mnangag...

By Staff reporter | Published: 03 April 2018

BUSINESS NEWS

Fight over 105-year shop lease

A HILLSIDE businessman - Marshal Joseph Stuart - who was awarded a 105-year lease for a shop is embroiled in a fierce battle with his landlord who is frantically trying to evict him regardless of the ...

By Staff reporter | Published: 28 February 2018

BUSINESS NEWS

Work on new Zimre shopping mall starts

CONSTRUCTION of a $13 million shopping mall in Victoria Falls has started with the contractor already on site carrying out excavation work on the 1 500-hectare piece of land.The Zimbabwe Reinsurance (...

By Staff reporter | Published: 06 February 2018

POLITICS

Mnangagwa supporters threaten to bomb shop

MEMBERS of a suspected Zanu-PF gang that stoned National People's Party (NPP) president Joice Mujuru and her supporters were Saturday dragged to court facing assault allegations.According to NewZimbab...

By Staff reporter | Published: 04 February 2018

BUSINESS NEWS

$20m shopping mall on the cards

Zimbabwe Agriculture Society (Zas) is in the process of constructing a $20 million state-of-the-art shopping mall at the Exhibition Grounds in Harare.Zas chief executive Anxious Masuka said his organi...

By Staff reporter | Published: 06 December 2017
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