She added that other African countries, which are facing the same challenges as Zimbabwe, have made progress in developing national energy transition plans.
Business
By TAFADZWA MHLANGA Jul. 19, 2024
The country missed its mineral revenue and volume projections in the first half of the year, according to the Minerals Marketing Corporation of Zimbabwe (MMCZ).
Business
By Mthandazo Nyoni Jul. 19, 2024
Factors such as high inflation and economic instability have posed significant challenges for insurance companies in this market.
Business
By BELINDA CHIROODZA Jul. 19, 2024
Invictus has a market capitalisation of AUD100,67 million (US$67,85 million) on the ASX as of yesterday.
Business
By Tatira Zwinoira Jul. 19, 2024
Mashavave added that the bank had put in place measures to ensure that the restructuring process would not disrupt normal banking operations for its customers and stakeholders.
Following a rigorous application and evaluation process, a group of 27 exceptional budding entrepreneurs were selected to participate in an immersive bootcamp.
Business
By Business Reporter Jul. 18, 2024
This was said by Omar Samar, secretary general of the One Africa Initiative, during a Weekly Networking Breakfast in Harare on Wednesday.
Business
By Donald Nyandoro Jul. 18, 2024
The show will be held from August 26 to 31, 2024 under the theme “Cultivating Prosperity. Growing Business. Innovating for Change. Nurturing our future.”
Business
By BELINDA CHIROODZA Jul. 18, 2024
Zimbabwe Congress of Trade Unions western region chairperson Ambrose Sibindi said the previous policy unnerved foreign investors.
Business
By PETER DUBE and WILLIAM VUNDLA Jul. 18, 2024
Isaya said the marketing season had not been good as the El Niño phenomenon ate into the season’s yields.
Business
By TAFADZWA MHLANGA Jul. 17, 2024
She said an adverse opinion was issued owing to the forex conversions used for the year December 31, 2021, which also affected the firm’s financial reporting for 2022.
Business
By Tatira Zwinoira Jul. 17, 2024
She also suggested that the government implements needs-based adjustments rather than equal allocation of funds to further development.
Business
By TAFADZWA MHLANGA Jul. 17, 2024
The system is being implemented at KMH’s gold cluster, comprising Freda Rebecca Gold Mine, Jena Mines and Shamva Mine.
However, Econet said it has faced significant challenges due to ongoing power cuts, leading to increased costs for backup power and investment in solar energy.
Business
By Business Reporter Jul. 16, 2024
Econet recently acquired the fintech business of sister company, EcoCash Holdings Zimbabwe.
Business
By Melody Chikono Jul. 16, 2024
According to the company, the completion of phase two will have a production of 2,3 million tonnes of ore producing 350 000 tonnes of spodumene concentrate for exports.
Business
By Blessed Ndlovu Jul. 16, 2024
Ipec first announced the project in May 2023, saying it was a partnership with the International Finance Corporation (IFC).
Business
By BELINDA CHIROODZA Jul. 16, 2024
NMB Bank chief executive officer Gerald Gore said the collaboration with BII is a “significant development for Zimbabwe's agricultural sector”.
Business
By Business Reporter Jul. 16, 2024
The awards were organised by the Institute of Directors Zimbabwe (IODZ) and held under the theme, Celebrating Leadership Excellence.
Business
By BELINDA CHIROODZA Jul. 15, 2024
By Saturday, engineers had drilled about 460 metres underground to develop an operation that investors project will run for 25 years.
Business
By Shame Makoshori Jul. 15, 2024
The Zimdollar was in April replaced by Zimbabwe Gold, a currency backed by gold and forex reserves.
Business
By Melody Chikono Jul. 15, 2024
Nedbank Zimbabwe’s business information security officer Audrey Udzembwe took home the Information Security Officer of The Year Award.
Business
By BELINDA CHIROODZA Jul. 15, 2024
The firm has offices in London, the United Kingdom, Spain and the African regions such as Tanzania, Uganda, Zambia and Zimbabwe.
Business
By Mthandazo Nyoni Jul. 12, 2024
The appointment comes as the group is poised to capitalise on the growing demand for meetings, incentives, conferencing and exhibitions business.
Business
By TAFADZWA MHLANGA Jul. 12, 2024
The group anticipates a reasonable outturn to year-end, given that cyclically, its volumes are skewed in favour of the second half of the year.
Business
By Blessed Ndlovu Jul. 12, 2024
Stanbic Bank was recognised for coming up with innovative financial products and strategies for SMEs in 2023.
Business
By Online Reporter Jul. 11, 2024
Since 2019, the government has sought to operationalise the provision of 5% of its revenues to its lower tiers in line with the Constitutional provision for devolution.
Business
By TAFADZWA MHLANGA Jul. 11, 2024
Blanket Mine produced 17 050 ounces, while Bilboes Oxide Mine contributed 426 ounces.
Business
By Mthandazo Nyoni Jul. 11, 2024
The use and application of these funds was expected to see RHA back into production later that year.
Business
By Mthandazo Nyoni Jul. 10, 2024
Mavetera said the initiative dovetails with the government’s thrust of “leaving no one and no place behind.”
Business
By Mpumelelo Moyo Jul. 10, 2024
The port also extends to Moyale at the Ethiopian border, with a further link to the Southern Sudan border, positioning Kenya as a vital trade hub in the region.
Business
By Business Reporter Jul. 10, 2024
He said the group will focus on improving operational efficiencies and reducing costs to return the business to profitability.
Business
By TAFADZWA MHLANGA Jul. 10, 2024
Vladimir Okhotnikov analyzes scam in crypto business, considering different types of crypto scam
Business
By Newsday Jul. 9, 2024
AVCCMF is a pan-African civic society organisation that drives the climate action agenda through people-centric approaches to accelerate Africa into the climate economy.
Business
By Business Reporter Jul. 9, 2024
The potential revenue from this project, according to Hosack, is expected to support the exploration and development of the priority Mumbezhi Copper project in Zambia.
Business
By Business Reporter Jul. 9, 2024
Consequently, the composition of US dollar loans to total loans increased from circa 56% in December 2022 to 94% in June 2023.
Business
By Melody Chikono Jul. 9, 2024
Thus, getting granular data was hard, according to Matiashe.
Business
By Melody Chikono Jul. 8, 2024
This has left, most workers in both the public and private sectors struggling to buy or build houses.
Business
By Blessed Ndlovu Jul. 8, 2024
CABS has a strong reputation as a mortgage lender and has helped thousands of local families become homeowners.
Business
By TAFADZWA MHLANGA Jul. 8, 2024
The joint venture will provide an alternative revenue stream for Powermec.
Business
By Melody Chikono Jul. 5, 2024
ZimTrade said the programme acts as a prime exhibition space, allowing businesses to connect with a vast audience of potential buyers and distributors.
Business
By Mthandazo Nyoni Jul. 5, 2024
Speaking at its annual general meeting on Wednesday in Harare, Zafa outgoing president Arthur Mukasi noted that the environment was not conducive for prescribed assets.
Business
By BELINDA CHIROODZA Jul. 5, 2024
FMBCH has operations in Botswana, Malawi, Zambia, Mozambique and Zimbabwe. Locally, the group operates through its subsidiary, First Capital Bank Zimbabwe.
Business
By Business Reporter Jul. 5, 2024
Econet Chief Operations Officer, Kezito Makuni said the extension of the credit scheme to include civil servants was a significant development.
Business
By Staff Reporter Jul. 4, 2024
He said Dawn supported the government’s effort to promote the use of the local currency in transactions.
Business
By BELINDA CHIROODZA Jul. 4, 2024
Legacy began operations in 2021 and has grown into one of the leading car rental services locally.
Business
By Blessed Ndlovu Jul. 4, 2024
Revenue was recorded at ZWL$186,33 billion during the period under review, up from ZWL$97,42 billion in the same period last year.
Business
By Tatira Zwinoira Jul. 3, 2024
The firm ended the period under review in a liquid position as it had ZWL$1,25 to every Zimdollar of short-term debt, an uptick from the prior year’s ZWL$1,23.
Business
By Tatira Zwinoira Jul. 3, 2024
The Public Service Commission began deducting the NSSA pension contributions from the US$300 last month, a process that is expected to continue over the next two months.
Business
By Tatira Zwinoira Jul. 3, 2024
Participants said the expo was well-organised, had insightful workshops and abundant networking opportunities.
Business
By Blessed Ndlovu Jul. 3, 2024