THE opening of the tobacco selling season creates a fresh wave of expenditure patterns with entrepreneurs and companies jostling to get a share of the windfall from the gold leaf.
The $4 billion Batoka Power Project will see the share of Zimbabwe’s renewable energy sources in electricity nearly doubling to 80%, Finance minister Patrick Chinamasa has said.
THE Zimbabwe International Trade Fair (ZITF) Company has completed its engagement with the country’s tax collector to ensure that foreign companies exhibiting at this year’s edition do not have hassles in bringing their goods into the country, an official has said.
Zimbabwe has signed a $20 million loan agreement with the Kuwait Fund for Arab Economic Development for Zhove Irrigation Project, which will go a long way in unlocking the potential of the dam and the surrounding area.
Government will implement a National Fuel Marking programme to ensure consumption of clean fuel and curb malpractices such as smuggling, Energy and Power Development permanent secretary Partson Mbiriri has said.
GOVERNMENT is at an advanced stage of finalising its formalisation strategy for Small to Medium Enterprises (SME) businesses in a bid to ensure improved revenue collection from those entities.
Creditors and depositors will take over Tetrad Investment Bank (TIB) in a debt for equity swap, which has to be approved at crucial meetings next month.
SEVENTEEN Zimbabwean entrepreneurs have been selected among a group of 1 000 to undergo a mentorship training programme run by Nigerian billionaire Tony Elumelu.
A BOARDROOM succession war has erupted at Meikles Limited amid revelations that executive chairman, John Moxon’s wife was allegedly interfering with the board and management.
Clothing and retail giant Edgars Stores Limited saw its profit dipping to $500 000 in 2016 from the comparable year’s $4,5 million after the group undertook its first retrenchment exercise in 70 years.