BUSINESS NEWS

ZITF 2025 shatters records

The Zimbabwe International Trade Fair (ZITF) has reached full capacity ahead of its 2025 edition, following an unprecedented surge in interest from local and international exhibitors. The overwhelming...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimbabwe lifts exchange rate controls

Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimbabwe extends duty-free import window for bus operators

The Government has extended the duty-free bus import facility to April 30, 2025, in a move aimed at further revitalising Zimbabwe's public transport system and ensuring affordable, reliable services f...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimra in tax compliance drive

The Zimbabwe Revenue Authority (Zimra) has introduced a series of taxpayer self-service kiosks across the country in a bid to simplify and improve the tax compliance process for individuals and busine...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Labour Court reinstates ZCTU's secretary-general

In a significant legal ruling, the Labour Court of Zimbabwe has annulled the Zimbabwe Congress of Trade Unions (ZCTU)'s decision to retire its secretary-general, Japhet Moyo, at the age of 60. Justice...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

New policy to cut Zimbabwe's energy intensity

The Government of Zimbabwe has launched the National Energy Efficiency Policy, a new initiative aimed at reducing the country's energy intensity to meet global standards. The policy, introduced last w...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Busisa Moyo inducted into Zimbabwe business hall of fame

Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Bulawayo gears up to host landmark 65th edition of ZITF

The City of Bulawayo is set to roll out the red carpet for the 65th edition of the Zimbabwe International Trade Fair (ZITF), which kicks off next Monday, with Minister of State for Bulawayo Provincial...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

ZITF 2025 fully booked as international participation increases

The Zimbabwe International Trade Fair (ZITF) 2025 has reached full capacity for its traditional exhibition space, with additional space being created to accommodate a growing number of exhibitors, ZIT...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Mnangagwa welcomes Afrikaner business delegation in Harare

A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Zimbabwe's ZiG currency risks extinction stoked by policy choices

Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike past cu...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Pensions industry's financial position strengthens in 2024

THE pensions industry's total asset valuation rose by 13,3% to US$2,26 billion last year, driven by revaluation gains, new investments and fair value gains on investments, a new report has shown.The g...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

70% of Bulawayo water contaminated

A recent quality monitoring exercise conducted by the Bulawayo City Council has revealed alarming levels of water contamination in the city, with seven out of 10 water samples showing unsatisfactory r...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Bulawayo City Council seeks ideas to revive city's industries

In a bid to combat urban decay and rapid de-industrialisation, Bulawayo city leaders are urging residents, policy experts, and various stakeholders to contribute innovative solutions that can drive su...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

7 more firms for Bulawayo-Victoria Falls road upgrade

The Government has engaged seven additional contractors to fast-track the full rehabilitation of the Bulawayo - Victoria Falls highway, a key economic and tourism corridor that has long been in a stat...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Kariba floodgates partially opened

The Zambezi River Authority (ZRA) has begun commissioning tests on the newly rehabilitated sluice gates at Kariba Dam, marking a critical phase in the near-completion of a major rehabilitation project...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Govt boosts completion drive on Harare - Beitbridge highway

The Government has released a new tranche of funding to expedite the completion of outstanding sections of the Harare - Beitbridge Highway, with contractors now back on site and working at full thrott...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Dutch firm blocked from purchasing Astra Industries parent company

A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...

By Staff reporter | Published: 12 September 2023

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

Varun Beverages in expansion drive

Varun Beverages Zimbabwe is planning for further capacity expansion, which should see the beverages maker put more production lines in the country, as it seeks to meet growing demand for affordable be...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

IDBZ resolute in supporting NDS1

The Infrastructure Development Bank of Zimbabwe (IDBZ) says projects with an estimated value of US$68,8 million were committed to the bank's project pipeline during the half year to June 2013 as the G...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Concern over Masvingo black market

The Zimbabwe National Chamber of Commerce (ZNCC) has castigated the emergence of a black market for some basic commodities in the city of Masvingo saying it's adversely affecting operations of superma...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Zimbabwe has sufficient water for winter irrigation

The Zimbabwe National Water Authority (ZINWA) has said the country's dams have sufficient water to meet the winter cropping irrigation needs.ZINWA spokesperson, Marjorie Munyonga told Business Times t...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Mixed feelings over produce market

Informal traders in the City of Mutare have raised mixed feelings over the establishment of a produce market in the sprawling suburb of Dangamvura.The Mutare City Council in partnership with Care and ...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Concern over theft, vandalism of bins in Bulawayo

The Bulawayo City Council (BCC) has expressed concern over the sharp increase in the theft and vandalism of its bins.Speaking during a stakeholder meeting in Bulawayo, Ward 12 councillor, Lilian Mlilo...

By Staff reporter | Published: 02 June 2022
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