BUSINESS NEWS

ZiG stability spurs Zimbabwe economic recovery

The relative macroeconomic stability that has prevailed since the introduction of the Zimbabwe Gold (ZiG) currency in April 2024 has boosted business confidence, enabling companies to plan better, se...

By Staff reporter | Published: 20 October 2025

INDUSTRIALS & ENERGY

Spur wants a bigger bite in Zimbabwe

Spur Corporation is set to expand its footprint in Zimbabwe with the opening of a new Doppio Zero restaurant in Harare, aiming to capture a larger share of the country's increasingly competitive dinin...

By Staff reporter | Published: 10 September 2025

MINING & RETAIL

Zimbabwe's gold boom spurs laboratory expansion

Zimbabwe has witnessed a surge in gold mining exploration and production in recent months, driven by record-high gold prices that have made the metal increasingly attractive to investors and miners. ...

By Staff reporter | Published: 08 September 2025

POLITICS

Hwende spurns portfolio committee reassignment

Opposition Citizens Coalition for Change (CCC) legislator Charlton Hwende has rejected his reassignment from the influential Public Accounts Committee to the Portfolio Committee on Energy and Power D...

By Staff reporter | Published: 31 July 2025

CONSTRUCTION & PROPERTY

Construction boom in Zimbabwe spurs growth for PPC

The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...

By Staff reporter | Published: 25 June 2025

AFRICA BUSINESS

SADC pushes for education reform to spur industry

Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

RBZ's market-determined exchange rate spurs ZiG stability

The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...

By Staff reporter | Published: 04 May 2025

BUSINESS NEWS

Top forex earners to spur Zimbabwe revival

IMPROVED production of the country's two top foreign currency earning commodities, tobacco and gold is likely to be a springboard to the country's economic turnaround.Captains of industry and economis...

By Staff reporter | Published: 25 November 2018

ZIMBABWE

Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices higher as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit.Stockbrokers and investment analy...

By Staff reporter | Published: 14 September 2018

ZIMBABWE

Inflationary outlook to spur stocks rally

Inflationary pressures are seen pushing stock prices as investors rush to preserve value in the face of a weakening local currency and a widening trade deficit. Stockbrokers and investment analysts sa...

By Staff reporter | Published: 07 September 2018

INDUSTRIALS & ENERGY

Increased sales volumes spur BAT profit

BRITISH American Tobacco (BAT) has recorded a 60,68% jump in profit-after-tax (PAT) from $4,61 million to $7,41 million for the half year period ended June 30, 2018.The profits were driven by increase...

By Staff reporter | Published: 27 July 2018

TELECOMS & TECHNOLOGY

OneMoney spurs NetOne active subscriber base

MOBILE telecommunications firm, NetOne, says its mobile financial service - OneMoney - increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...

By Staff reporter | Published: 24 July 2018

BUSINESS NEWS

SEP privatisation to spur market growth

Government's move to privatise and restructure Zimbabwe's state enterprises and parastatals (SEPs) will have a significant impact on the growth of the local capital markets, according to analysts at A...

By Staff reporter | Published: 15 July 2018

ZIMBABWE

ZSE spurs life assets

POSITIVE performance on the Zimbabwe Stock Exchange (ZSE) has spurred asset bases of local life assurance companies, as the sector closed the first quarter with an asset base of $2,82 billion, it has ...

By Staff reporter | Published: 28 June 2018

MINING & RETAIL

Zimbabwe spurs PPC's profits

PPC's profit rose due to strong performance in Zimbabwe and Rwanda. Its gross profit rose by 3% year-on-year to US$174m in the financial year that ended on 31 March 2018 from US$169m in the same perio...

By Staff reporter | Published: 18 June 2018

FINANCIAL SERVICES

AAC purchase to spur Alexander Forbes

ALEXANDER Forbes Group Holdings Limited chief executive officer Andrew Darfoor says acquiring African Actuarial Consultants (AAC) will grow his company into a regional powerhouse in actuarial consulta...

By Staff reporter | Published: 18 June 2018

ZIMBABWE

Crisis spurs ZSE

THE persistent monetary crisis has pulled the Zimbabwe Stock Exchange out of a euphoria-driven slump that was triggered by the resignation of Robert Mugabe in November last year.Since mid-March, the m...

By Staff reporter | Published: 24 May 2018

MINING & RETAIL

Chrome ore spurs minerals sales

MINERAL sales by volume increased by 29% to 592 179 metric tonnes (mt) in the first four months of the year, with most minerals registering a growth, statistics from the Minerals Marketing Corporation...

By Staff reporter | Published: 23 May 2018

TRANSPORT & TOURISM

Domestic tourism spurs Matopo National Park

THE use of plastic money has seen a surge in the number of locals visiting Matopo National Park, a sign that domestic tourism can prosper with the right policies.Matopo National Park tourism manager M...

By Staff reporter | Published: 06 May 2018

POLITICS

Spurned Zanu-PF candidates vow to go independent

SCORES of aspiring Zanu-PF candidates in Masvingo, who were spurned by the party and barred from contesting in the party primaries, have vowed to go independent, NewsDay reported.Some of the candidate...

By Staff reporter | Published: 27 April 2018

POLITICS

Mnangagwa expects China visit to spur economic growth

President Emmerson Mnangagwa has said his State visit to China has been very successful and has given momentum to Zimbabwe's thrust of rebuilding the economy .The State visit began on Monday and ends ...

By Staff reporter | Published: 05 April 2018

BUSINESS NEWS

Zim crafts new policies to spur industry

Zimbabwe is drafting a raft of new policies aimed at strengthening the country's industries, a senior government official has said.Abigail Shoniwa, the permanent secretary in the ministry of Industry,...

By Staff reporter | Published: 25 March 2018

MINING & RETAIL

'Mugabe exit to spur Zimbabwe mines'

THE dramatic exit of Zimbabwe's longtime ruler, Robert Mugabe, heralds a positive turn for the country's mining industry, researchers at the London-based Equities Development Limited (ED) have said.ED...

By Staff reporter | Published: 30 November 2017

BUSINESS NEWS

Forex shortages spur price hikes in Zimbabwe

CHALLENGES faced by retailers in securing foreign currency to import products, especially commodities local industry is not able to produce, have resulted in sporadic price increases that have put pre...

By Staff reporter | Published: 07 September 2017

INDUSTRIALS & ENERGY

Sales decline spur Pelhams $3,3m losses

LOSSES of retail household furniture and appliance concern Pelhams Limited widened to $3,3 million for the year ended March 31 2014 due to a sales decline, attributed to liquidity constraints.In the s...

By Staff reporter | Published: 29 July 2014
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