This includes duty-free imports of agricultural equipment, which further eases the means of production for farmers and enhances mechanisation and productivity in the sector.
Business
By Mthandazo Nyoni
17h ago
The money used to purchase the vehicles came from a US$615 000 capitalisation programme that RTG set aside to ensure a sustainable profitability trajectory for the company.
Business
By Tatira Zwinoira
22h ago
Chikwata indicated that the kiln project is crucial for the company to address reliability issues with their current equipment.
Business
By BELINDA CHIROODZA
22h ago
In an interview, prominent economist Farai Kageva highlighted the economic benefits of government’s decision.
Business
By Business Reporter
22h ago
The airline will also start servicing Lusaka and Abuja routes, according to its website.
Business
By Freeman Makopa
22h ago
He noted that the service centre has incentives for investors and foreign direct investment for the finance sector and the skills transfer sector.
Business
By TAFADZWA MHLANGA
Jul. 25, 2024
He said this meant providing clients with, as an example, funding to replace equipment that was not energy efficient that relied on hydrocarbon energy.
Business
By Tatira Zwinoira
Jul. 25, 2024
Commercial production is set to start on or before May 1, 2025.
Business
By Business Reporter
Jul. 25, 2024
Stanbic Bank head of personal and private banking or retail banking, Nelson Muhau said this strategic move aims to increase accessibility and convenience for clients.
Business
By Online Reporter
Jul. 24, 2024
“The Zimbabwe business sector must push to export finished products or specialist services to the region to diversify and increase our export earnings.”
Business
By BELINDA CHIROODZA
Jul. 24, 2024
“ZimTrade has consistently been attending the trade fair annually where Zimbabwean products have been praised by local consumers and buyers,” the statement read in part.
Business
By Mthandazo Nyoni
Jul. 24, 2024
World renowned architects were engaged to work on the master plan and building structures making the development a fusion of cultures and very cosmopolitan.
Business
By Business Reporter
Jul. 24, 2024
Gwata outlined Fidelity’s focus on preserving its cash reserves while making targeted investments to ensure long-term sustainability and growth in the company’s 2023 annual report.
Business
By TAFADZWA MHLANGA
Jul. 24, 2024
“The Zimbabwe business sector must push to export finished products or specialist services to the region to diversify and increase our export earnings.”
Business
By BELINDA CHIROODZA
Jul. 24, 2024
Zimbabwe is set to host the Sadc summit and industrial week from July 28 to August 2 in Harare.
Business
By TAFADZWA MHLANGA
Jul. 23, 2024
The Icaz president also revealed that the institute has assisted about 500 practitioners to get remote placements abroad as local companies struggle with new clients.
Business
By Melody Chikono
Jul. 23, 2024
Expected additions include US$1,9 billion for recapitalising the Mutapa Investment Fund and US$1,2 billion assumed from the central bank.
Business
By Mthandazo Nyoni
Jul. 23, 2024
ADR is an informal way of settling disputes, in which a third neutral party plays the role of intercession and assistance, compared to the formal method of settling disputes through litigation.
Business
By TAFADZWA MHLANGA
Jul. 23, 2024
The United States’ Bureau of Economic and Business Affairs noted that more needs to be done to improve the country’s investment attractiveness.
Business
By Tatira Zwinoira
Jul. 23, 2024
She added that Expo 2025 is more than just an exhibition, but a catalyst for progress to bring together, from across the globe, ideas, inspiration, collaboration, and innovation.
Nkala said sustainable market diversification will continue to be pursued to expand the regional and international markets.
Business
By Tatira Zwinoira
Jul. 22, 2024
Mnangagwa said to be able to absorb that US dollar and create more ZiG, there had to be enough banking, or else the country would go back to inflationary pressures.
Business
By Melody Chikono
Jul. 22, 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
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
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
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
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.
Business
By GARY GERALD MTOMBENI
Jul. 18, 2024
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.
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
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
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
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
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
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 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
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
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