Business

Business

GOVERNMENT is resuscitating the agricultural commodities exchange, effectively ending the Grain Marketing Board (GMB)’s monopoly over the marketing and sale of maize and wheat in the country. BY ...

GOVERNMENT officials rebuked each other during an information communication technology (ICT) summit in Nyanga last week, with one ministry demanding explanation over delays in infrastructure sharing by telecoms ...

LONDON (Reuters) – Suspected North Korean hackers have tried to break into the systems of British drugmaker AstraZeneca in recent weeks, two people with knowledge of the matter ...

THE 2021 national budget due to be presented this afternoon presents one of the toughest challenges for Finance minister, Mthuli Ncube. BY TAURAI MANGUDHLA/TATIRA ZWINOIRA He is expected ...

GOLD worth over US$1,5 billion is smuggled out of Zimbabwe every year, depriving the cash-strapped economy of crucial foreign-exchange revenues, according to research organisation International Crisis Group. The ...

ZIMBABWE Stock Exchange-listed conglomerate, Meikles Limited says it suffered huge price cuts on its avocado exports to Europe after the market shrunk in the during of the COVID-19 ...

Budget size $421,6 billion Revenue collection projections $390,8 billion Public debt $1,972,848.34 Economy expected to rebound by 7.4% in 2021 from a consecutive 2-year downturn. Year on year ...

BY TAURAI MANGUDHLA ZIMBABWE’S adverse economic conditions have stalled progress at sugar producer, Hippo Valley Estates’ multi-million dollar Project Kilimanjaro, the firm said on Tuesday. Do you have ...

BY TAURAI MANGUDHLA/TATIRA ZWINOIRA THE 2021 national budget due to be presented this afternoon presents one of the toughest challenges for Finance minister, Mthuli Ncube. Do you have ...

GOVERNMENT says there is a high risk of moral hazard, with many public entities approaching it for debt assumption at a time it is faced with unsustainable public ...

UNITED Kingdom-based building materials supplier, Vaka Building Materials and Hardware has gone into partnership with Rawson Properties that will see Vaka selling the property giant’s products in the ...

AFRICA Albida Tourism (AAT) said on Monday it would be reopening its flagship Victoria Falls Safari Lodge (SafLodge) next month in response to strong demand from domestic tourists. ...

ZIMBABWE Stock Exchange-listed tourism giant, African Sun Limited (ASL) says a decision by South Africa to resume international travel will have positive spinoffs on its business. Do you ...

The economic world is making a shift towards cryptocurrency not only as a form of digital currency but also for routine transactions. Over the course of the last ...

POWERSPEED Electrical Limited is the latest Zimbabwe Stock Exchange (ZSE)-listed firm to announce a shock exit plan, with directors telling shareholders in a detailed proposal that a continued ...

NESTLE SA is planning a longer-term investment in Zimbabwe’s coffee industry following the success of a partnership with Nespresso and local coffee farmers. An initiative by the Swiss ...

The Multi Award Winning Travel and Tourism concern Vintage Travel and Tours Pvt Ltd Founder and Ceo Mr Arvind Nayer has welcomed two invitations to participate in The ...

Stanbic Bank has reclaimed the Best Bank in Zimbabwe title awarded by the European, Middle East and Africa, EMEA Finance at the recently held African Banking Awards 2020. ...

Old Mutual, the nation’s leading financial services provider, has launched the Eight2Five Innovation Hub in partnership with Udugu Institute. The journey of The Hub started in 2016 with ...

JOHANNESBURG, 13 October 2020:  At a time when the rest of the world is re-thinking its approach to commercial agriculture, Africa has a clear opportunity to refresh its ...

Shanghai/Johannesburg: Stanbic Bank’s parent company, Standard Bank is hosting digital matchmaking events which connect African exporters with Chinese importers, to complement its physical participation at the China International ...

ZIMBABWE plans to stop fixing the prices of commodities and will set up a commodity exchange before the end of the year where market prices will prevail, Finance ...

FOOD and beverages processor, Nestlé Zimbabwe yesterday commissioned a US$2,5 million cereals manufacturing line in Harare, taking its total investment to over US$40 million in the past decade. ...

ZIMBABWE’S monthly cost of living rose by 4,4% to $18 750 in October, even as the Zimbabwe National Statistics agency (ZimStat) said the annual inflation rate dropped during ...

THE Department of Veterinary Services (DVS) has urged farmers to be on high alert for outbreaks of the H5 highly pathogenic avian influenza (HPAI) following reports that the ...

FIRST Capital Bank (FCB) is set to retrench workers as the business restructures in the face of the hyperinflationary environment and the need to digitalise. Do you have ...

THE Agricultural Marketing Authority (AMA), in partnership with various private agro-industry players, is setting up cotton demonstration plots across the country to improve agricultural production. Do you have ...

Introduction Blockchain technology is a robust technology that has something extra to give its users. If you want to compare Blockchain technology with something, then the closest resemblance ...

ZIMRE Property Investments Limited (ZPI) has delisted from the Zimbabwe Stock Exchange (ZSE) after minority shareholders accepted new shares in its parent company, Zimre Holdings Limited (ZHL). BY ...

LEADING remittance and money transfer services provider, Mukuru, has reported robust growth in Zimbabwe in the past few months, defying a global economic meltdown that has seen many ...