Business

Business

BY FIDELITY MHLANGA TOBACCO sales at the auction floors are declining each year, with latest data showing they only constituted 5% of total delivered crop, raising concern over ...

BY MTHANDAZO NYONI GWANDA-BASED mining concern Blanket Mine has reported a 39% increase in gross revenue in the second quarter of this year compared to the same period ...

4 Innovations That Are Set to Transform the Online Gambling Industry The online gambling industry continues to expand and attract even more players around the world. Currently, there ...

Staff Reporter OLD Mutual Life Assurance general manager Rutendo Magorimbo has been elected the Zimbabwe Association of Pension Funds (ZAPF) chairperson. She will be deputised by a prominent ...

BY FIDELITY MHLANGA LISTED supplier of electrical products and service, Powerspeed has expressed concern over Zimbabwe’s economic prospects, describing it as “uncertain like never before”, thereby posing great ...

BY MTHANDAZO NYONI PADENGA Holdings, one of the biggest exporting companies in Zimbabwe, aims to achieve revenue of US$30 million by the end of this year, compared to ...

BY FIDELITY MHLANGA LISTED supplier of electrical products and service provider, Powerspeed has expressed concern over Zimbabwe’s economic prospects, describing it as “uncertain like never before”. The country ...

Cassava Fintech International (CFI) and the Liquid Telecom Group (LTG) have announced the launch of Sasai Wi-Fi Finder which they described as a potential game-changer in driving digital ...

BY TATIRA ZWINOIRA AUSTRALIAN energy firm, Invictus Energy Limited (IEL) announced that it had received an Environmental Impact Assessment (EIA) compliance certificate from the Environmental Management Agency (EMA) ...

BY MTHANDAZO NYONI AFRICAN lithium company, Prospect Resources (Prospect) ended the second quarter with a strong balance sheet of A$1,698 million (US$1,21 million) following the implementation of a ...

CONFEDERATION of Zimbabwe Miners (CZM) president Rangani Chauke has urged government to speedily recapitalise mining operations to achieve its ambitious US$12 billion mining economy by 2023. BY Stephen ...

BY FIDELITY MHLANGA MEDICAL Investments Limited (St Annes) chief finance officer Duduzile Shinya has been elected president of the Institute of Chartered Accountants of Zimbabwe (ICAZ), taking over ...

BY TATIRA ZWINOIRA ESCROW Systems (Pty) Ltd managing director Simbarashe Machanzi says daily maximum transaction limits on banking and mobile money platforms have reduced volumes on C-Trade. In ...

BY Business reporter THE Zimbabwe Cross-Borders Association (ZCBTA) has implored the government to consider the feasibility of using bonded warehouses, cargo consolidation and e-commerce platforms to secure goods ...

BY FIDELITY MHLANGA SUGAR producer Hippo Valley recorded an 8% decline at 49 425 tonnes during the quarter ended June 2020 from 53 997 tonnes during the same ...

Global financial markets are more accessible than ever before. All you need is an internet-connected device, an account, and the right software. It is even possible to start ...

BY HARRIET CHIKANDIWA Cassava Fintech has launched Sasai Moments; a new social media network app that allows users to experience, capture and share video driven by user generated ...

BY MTHANDAZO NYONI ZIMBABWE’S small-scale chrome miners are stuck with tonnes of ore which they are failing to sell to the international markets following the closure of borders ...

BY FIDELITY MHLANGA GOVERNMENT has hiked fuel prices by 33% following a foreign exchange auction shift this Tuesday.In a circular yesterday, Zimbabwe Energy Regulatory Authority (Zera) announced that ...

Wow your guests with decadent cocktails, adding your secret ingredient… a splash of deliciously fragrant vanilla liqueur. Remember, only quality vanilla liqueur or pure vanilla extract will do ...

BY FIDELITY MHLANGA ...

BY MTHANDAZO NYONI THE Confederation of Zimbabwe Industries (CZI) says its members have not received their share of the government’s $18 billion rescue package meant to scale up ...

BY TATIRA ZWINOIRA AUSTRALIAN energy firm, Invictus Energy Limited (IEL) says the estimated drilling cost for its Cabora Bassa project in Muzarabani ranges between US$5,2 million and US$16,4 ...

While the world has been altered or almost come to a standstill due to the COVID- 19 pandemic which was declared a global pandemic by the World Health ...

The Foreign Exchange Market is the largest financial market in the world. Bloomberg, a global leader in financial data and analysis, reported a daily currency trade volume of ...

by STAFF REPORTER THE Insurance Council of Zimbabwe (ICZ) says some claims relating to road accidents have gone unpaid mainly due to lack of adequate knowledge, leaving the ...

BY MTHANDAZO NYONI CUMULATIVE imports of mechanically deboned meat (MDM) for the four months to April this year declined by 53% compared to the same period last year ...

BY TATIRA ZWINOIRA NAMPAK Zimbabwe Limited (NZL) profit-after-tax rose nearly 460 times to $1,78 billion in its first-half financial performance ended March 31, 2020 owing to net monetary ...

AFRICAN Parliamentarians Network Against Corruption (APNAC) says Zimbabwe has been taken over by the private sector, a situation that has left the State fragile and vulnerable to corruption. ...

ZIMBABWE’S tobacco sales have reached US$383,1 million as of day 62, representing 8% growth compared to the same period last year, data from Tobacco Industry Marketing Board (TIMB) ...