BUSINESS NEWS

NRZ targets US$1m from property leases

National Railways of Zimbabwe (NRZ) is targeting to generate at least US$1 million annually from leasing out some of its properties across the country as part of an initiative to widen its revenue bas...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Mnangagwa targets 'troublesome' doctors

PRESIDENT Emmerson Mnangagwa yesterday threatened 'troublesome' union leaders reported to be inciting the strike by doctors at public health institutions."Last month we gave them an increment twice, b...

By Staff reporter | Published: 18 October 2019

POLITICS

Zanu-PF youths target Zhuwao farm

ZANU-PF youths have vowed to grab the farm of exiled Generation 40 (G40) kingpin Patrick Zhuwao and redistribute it among themselves. This comes after the self-exiled former Cabinet minister claimed t...

By Staff reporter | Published: 14 October 2019

ECONOMC INDICATORS

'Zimbabwe targets single digit inflation'

THE economy is projected to grow by 4,6 percent next year, building on the ongoing reform initiatives and broader positive assumptions in the domestic sector and favourable global trade indicators, ac...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

ZCDC targets 6,12m carats production in 2020

The state-controlled Zimbabwe Consolidated Diamond Company (ZCDC) says it expects to double its diamond production to 6,12 million carats next year up from the 3,1 million carats projected for 2019.At...

By Staff reporter | Published: 06 October 2019

POLITICS

Mnangagwa govt targets Zanu-PF crooks

PRESIDENT Emmerson Mnangagwa's government has launched a fresh blitz against Zanu-PF bigwigs and other crooks who have stashed billions of United States Dollars abroad the Daily News reports. This com...

By Staff reporter | Published: 05 October 2019

MINING & RETAIL

Eureka Gold Mine targets re-opening by April 2021

Gold production at Eureka Mine in Guruve is expected to resume within the next 18 months with refurbishment and rehabilitation work progressing well.At its peak , Eureka Gold Mine was the country's pr...

By Staff reporter | Published: 02 October 2019

POLITICS

Obert Mpofu, Jacob Mudenda emerge as Mnangagwa's new targets for purging

AFTER weeding out his new rivals - who brought him to power - in the security sector, President Emmerson Mnangagwa has now shifted the purges to Zanu-PF, targeting the ruling party's heavyweights seen...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Zimra on course to surpass $4,8 billion target

THE Zimbabwe Revenue Authority (Zimra) is well on course to surpass its half year revenue collection target with the final report for the period set for release at the end of this month, board chairpe...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

REA targets to electrify 60% of rural areas

Government is forging ahead with its thrust to modernise rural areas, with the Rural Electrification Agency (REA) pledging to bring access to electricity to 60 percent of the rural populace in line wi...

By Staff reporter | Published: 01 July 2019

LANDS & AGRICULTURE

Cotton industry targets $1 billion earnings annually

THE Cotton Company of Zimbabwe (Cottco) plans to put a minimum of 100 000 hectares across the country under commercial cotton farming with the sector poised to generate a minimum of US$1 billion annua...

By Staff reporter | Published: 30 April 2019

BUSINESS NEWS

Botswana targets increased trade with Zimbabwe

THE Botswana Investment and Trade Centre (BITC) says it hopes to increase trade with Zimbabwe from the current US$30 million to US$105 million buoyed by the export credit line scheme currently under d...

By Staff reporter | Published: 29 April 2019

POLITICS

Chamisa target crooks surrounding Mnangagwa

OPPOSITION MDC leader Nelson Chamisa has called for a complete overhaul of President Emmerson Mnangagwa's government departments to curb the scourge of corruption, which has permeated almost all publi...

By Staff reporter | Published: 24 April 2019

FINANCIAL SERVICES

Agribank targets $50m in foreign credit lines

AGRIBANK is targeting between US$40 million and US$50 million in fresh lines of credit from international financial institutions for on-lending to exporters, the bank's chief executive Sam Malaba has ...

By Staff reporter | Published: 24 April 2019

MINING & RETAIL

Zimbabwe targets US$4bn in mining exports

Zimbabwe is this year targeting a 28 percent increase in mineral export earnings as the sector gears towards Vision 2030 target of an annual haul of US$12 billion per annum by 2023. Zimbabwe last year...

By Staff reporter | Published: 24 April 2019

TRANSPORT & TOURISM

NRZ targets 4 million tonnes of freight

THE National Railways of Zimbabwe (NRZ) has projected to increase its freight by 25,6 percent this year buoyed by the anticipated improved business and recapitalisation efforts.NRZ public relations ma...

By Staff reporter | Published: 06 January 2019

BUSINESS NEWS

Bulawayo targets forex earners

Bulawayo City Council has set its sights on earning foreign currency (forex) from ratepayers domiciled in foreign lands as well as from international organisations operating in Zimbabwe in a bid to sh...

By Staff reporter | Published: 02 January 2019

BUSINESS NEWS

Government targets forex earnings in education

GOVERNMENT is targeting to generate foreign currency through human capital exportation and has renewed negotiations with South Sudan over exporting unemployed graduates. In the past, Government reveal...

By Staff reporter | Published: 01 January 2019

TELECOMS & TECHNOLOGY

Zimbabwe start-up targets foreign market

A Zimbabwean start-up, Flexi Africa, has set up an online trade platform which links local vendors to international markets.Flexi Africa chief executive Gerald Nyamadzawo told Standardbusiness that th...

By Staff reporter | Published: 23 December 2018

BUSINESS NEWS

Zimra targets ill-gotten wealth

GOVERNMENT has directed the Zimbabwe Revenue Authority (Zimra) to widen revenue collection measures including pursuing individuals who evade paying taxes. This was said by Secretary for  Finance ...

By Staff reporter | Published: 21 December 2018

INDUSTRIALS & ENERGY

Chloride Zimbabwe targets battery exports

Zimbabwe's battery manufacturer, Chloride Zimbabwe is targeting enhanced exports next year following a strong performance that has raked in $6 million.The battery firm's $5 million investment in a new...

By Staff reporter | Published: 16 December 2018

POLITICS

Zanu-PF women target Chamisa over presidential age limit

THE ZANU-PF Women's League has joined war veterans in pushing for a constitutional amendment to raise the presidential age limit from 40 to 52 years. Members of the league from the country's 10 provin...

By Staff reporter | Published: 11 December 2018

BUSINESS NEWS

Zimra targets $4,3 billion revenue

THE Zimbabwe Revenue Authority (Zimra) is targeting to collect $4,3 billion in gross revenue by year-end, up 8% compared to what was achieved in 2017, an official has said.Last year, the actual gross ...

By Staff reporter | Published: 02 December 2018

POLITICS

Zanu-PF targets 800k for electronic membership

Zanu-PF Midlands Province is targeting issuing 800 000 membership cards in the province as part of its restructuring exercise. In an interview after a provincial coordinating committee (PCC) meeting o...

By Staff reporter | Published: 20 November 2018

FINANCIAL SERVICES

Investors target Agribank

SEVERAL investors have been lined up to snap a significant stake in Agribank, as government moves to recapitalise the financial institution.The agro-focused bank - wholly owned by government - is stru...

By Staff reporter | Published: 26 July 2018
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