Nampak exits Zim, sells subsidiary for US$25m
Nampak’s 51,43% share of the net assets of the Zimbabwe unit was valued at ZAR292,5 million (US$16,66 million) as at September 30, 2023.
By Tatira Zwinoira
36m ago
Investment licence values dip in Q3
The government also announced in the quarter of plans to increase taxes, fees and levies while also indicating that the ZiG could replace the multicurrency regime.
By TAFADZWA MHLANGA
Oct. 23, 2024
Finsec targets unit trusts in new listings drive
Finsec chief executive officer Collen Tapfumaneyi said the bourse also had traditional assets like equities and medium- to long-term debt instruments planned for listing.
By Melody Chikono
Oct. 23, 2024
HDC to host annual investment forum
NMB Bank is partnering HDC for this event, highlighting its critical support to the country’s horticulture value chain.
By BELINDA CHIROODZA
Oct. 23, 2024
Zela expert pushes for accountability in mining
This comes as Zimbabwe’s mining sector is rich in gold, platinum, diamonds, lithium and other precious minerals, which remain the country’s top forex earners through exports.
By LEE MUSAIDZI
Oct. 22, 2024
Zinara disburses ZiG2,7bn for roads, reveals budget gaps
Zinara revealed that support efforts were being rendered as the administration’s technical department works with counterparts in local authorities to close these budgetary gaps.
By TAFADZWA MHLANGA
Oct. 22, 2024
Companies struggle with data collection on ESG reporting: Expert
However, there is still a slow uptake in firms fully revealing their sustainability initiatives.
By Blessed Ndlovu
Oct. 22, 2024
Actuary lays out pensions industry revival plan
Speaking during the recent Zimbabwe Association of Pension Funds 5th edition of the Principal Officers and Chairman’s convention in Bulawayo,
By Melody Chikono
Oct. 22, 2024
Capital risk, policy inconsistency blight Africa’s energy transition
According to IRENA research, 473 gigawatts (GW) of renewable energy capacity was added globally in 2023, with renewable energy accounting for 87% of newly installed capacity
By Kennedy Nyavaya
Oct. 21, 2024
Mavetera calls for ICT innovation, collaboration
American Israeli software firm, Check Point Software Technologies, in July revealed that Zimbabwe was the third most cyber-attacked country globally.
By LEE MUSAIDZI
Oct. 21, 2024
RioZim liquidity shrinks 8%, loss widens
Its loss widened to ZiG165,71 million in the period under review from ZiG110,48 million in the comparable period last year.
By Tatira Zwinoira
Oct. 21, 2024
Pensioners clamour for recognition as US$2bn pensions sector stutters
Over the years, pension values have been eroded through currency changes.
By Melody Chikono
Oct. 21, 2024
FBC gets US$10m change in StanChart Zim’s acquisition
The amount was based on the indicative net asset value of the bank using a “proforma completion balance sheet” computed as of March 31, 2023.
By Tatira Zwinoira
Oct. 18, 2024
Afreximbank boosts intra-African trade
The platform identifies and connects qualifying buyers to credible suppliers of made in Africa products and services.
By Nizbert Moyo
Oct. 18, 2024
Govt secures adequate livestock dipping chemicals for 2024/25 season
The directorate will also be carrying out an accelerated dip tank rehabilitation plan before the rainy season to revamp the country’s dipping infrastructure.
By Blessed Ndlovu
Oct. 18, 2024
Fix our roads, Mutoko granite extractors told
Mutoko, a small town in Mashonaland East province, contributes approximately 75% of Zimbabwe’s 150 000 tonnes of black granite annually.
By LEE MUSAIDZI
Oct. 17, 2024
Over 400 ex-farmers to get compensation
The agreement included the issuance of US dollar-denominated Treasury bonds with maturities ranging from two to 10 years, with a coupon rate of 2%.
By Melody Chikono
Oct. 17, 2024
Starlink partners with IMC Communications to revolutionise Zim's digital landscape
Starlink's satellite internet service is poised to revolutionise Zimbabwe's digital landscape by providing faster, cheaper, and uninterrupted connectivity.
By Online Reporter
Oct. 16, 2024
Potraz raises red flag over impact of power cuts on telcos
Potraz raises red flag over impact of power cuts on telcos
By admin
Oct. 16, 2024
Potraz launches ICT Research Journal to promote digital inclusivity
Speaking at the launch of the journal, Potraz director-general Gift Machengete said the bulletin was a vital tool for innovation and collaboration for the future of technology.
By TAFADZWA MHLANGA
Oct. 16, 2024
Blanket Mine gold output down in Q3
The drop comes as Caledonia is seeking to produce between 74 000 to 78 000 ounces of gold by year-end at its Blanket Mine on the back of increased production.
By Business Reporter
Oct. 16, 2024
CBZ expands organisational staff restructuring exercise
Last month, CBZ announced it had embarked on a group restructuring exercise which will result in the departure of 13 senior executives by year end.
By Melody Chikono
Oct. 16, 2024
Govt official requests mine refining, processing capital
Zimbabwe’s most valuable mineral resources are gold, platinum, lithium and chrome, among others.
By Freeman Makopa
Oct. 16, 2024
Irish embassy, NGOs drive women empowerment
The project has supported projects for women who are farm workers, victims of gender-based violence, early child marriages in rural areas and female councillors.
By TAFADZWA MHLANGA
Oct. 15, 2024
Meikles appoints Matthew Moxon as acting CEO
The appointment comes as TM Supermarkets (Pvt) Limited managing director Malcolm Mycroft vacated the role as group CEO two days before Moxon’s appointment.
By Business Reporter
Oct. 15, 2024
ACF sets sights on global chrome dominance
ACF currently operates six spiral wash plants across the Midlands province in the Ngezi, Lalapanzi and Chinyikwa regions.
By Mthandazo Nyoni
Oct. 15, 2024
Zim, Malawi get US$35m AfDB climate disaster grant
The funding comes amid the country suffering one of its worst droughts in recent years, with the 2023/24 agricultural period recording a huge drop in yields.
By Business Reporter
Oct. 15, 2024
African Sun backtracks on selling two hotels
As defined by the Zimbabwe Stock Exchange, a category 1, category 2 or category 3 refer to a transaction that is principally an acquisition or disposal by an issuer.
By Tatira Zwinoira
Oct. 14, 2024
