Business

Business

There are numerous ways bitcoin can change your life Cryptocurrency is becoming famous in every country. People are showing more interest in digital currency rather than paper currency ...

Do you have a coronavirus story? You can email us on: news@alphamedia.co.zw ...

BY TATIRA ZWINOIRA THE Zimbabwe Stock Exchange (ZSE), in consultation with Treasury, has advised dual-listed firms to move their listings to the Victoria Falls Stock Exchange (VFEX) to ...

BY Business Reporters Mining concern Zimplats has warned that a possible dispute over payment of taxes with the government could have an impact on future financial results. Do ...

BY MTHANDAZO NYONI THE Zimbabwe Cross-Border Traders Association (ZCBTA) has urged the government to instil discipline in the retail sector and remove cartels that continue manipulating prices, prejudicing ...

BY FIDELITY MHLANGA LISTED financial services firm ZB posted a profit of $1,13 billion for the half year ended June 30, 2020 compared to $237,8 million in the ...

The Covid-19 pandemic has left many people working from home and looking for new sources of income. Many people across Africa have turned to Forex trading to supplement ...

BY Business reporter OLD Mutual Zimbabwe (OMZ) registered a profit after tax of $4,32 billion in the half year ended June 30, 2020, on an inflation-adjusted basis, attributable ...

BY TATIRA ZWINOIRA THE National Railways of Zimbabwe (NRZ) has embarked on a managerial shake-up to reduce its wage bill after it emerged that the parastatal was top-heavy. ...

A listed company needs to communicate effectively with its shareholders and the wider investing public. This helps current and prospective investors to understand the operations of the company ...

United Kingdom based building materials supplier, “Vaka Building Materials and Hardware” has opened a back office in South Africa to help Zimbabweans there to build back home.   ...

BY MTHANDAZO NYONI REGIONAL cement maker Pretoria Portland Cement (PPC) says demand for cement in Zimbabwe, where it has a unit, is very strong despite the COVID-19 pandemic ...

BY MTHANDAZO NYONI WITH local fuel companies continuing to lose the commodity through fraud due to poorly calibrated tank gauges, one of the country’s indigenous companies, Garage and ...

ZIMBABWE Stock Exchange (ZSE)-listed Bindura Nickel Corporation (BNC) is struggling to beat the target to publish its financial statements for the year ended March 30 2020, after shifting ...

ZIMBABWE’S insurance sector registered a 52% real growth in the year to June, driven mainly by gross premium written, the Insurance and Pensions Commission (Ipec) has revealed. Speaking ...

WITH the ongoing travel restrictions related to the COVID-19 pandemic, fastjet has extended its flexible booking policy until March next year, offering customers the added confidence when choosing ...

ZIMBABWE Stock Exchange-listed clothing concern, Edgars’ revenue dipped 43% in the second quarter ended July 5, 2020 compared to the same period last year, after the COVID-19-induced lockdown ...

LISTED Meikles Limited group posted an inflation-adjusted profit after tax of $1,39 billion during the period ended March 2020 buoyed by the disposal of Meikles Hotel during the ...

ONE of the country’s biggest fish producers, Lake Harvest, says costs of production in Zimbabwe are very high compared to neighbouring countries, which makes it difficult for the ...

BY FIDELITY MHLANGA THE debilitating cash crisis in the economy has affected cotton farmers this selling season resulting in cotton buyers giving them equipment in exchange for their ...

BY FIDELITY MHLANGA TREASURY has announced plans to raise $18 billion in the second half of this year for infrastructure development, notwithstanding the COVID-19 impact on cashflow. Do ...

BY BUSINESS REPORTER SCHWEPPES Zimbabwe Limited (SZL) has partnered with South African headquartered mobile technology specialist company, MACmobile, for optimised sales and customer relations. In a recent joint ...

Vanilla is one of the world’s favourite spices and it would be hard to comprehend life without vanilla. Sadly, the sweet innocence of the simple vanilla bean belies ...

Staff Reporter ZIMBABWE is likely to miss on the US$51 billion mobile money market in Africa due to the government’s repressive and harsh policies, analysts have said. Statistics ...

Investing in bitcoin (BTC) can be expensive for all. Mining in it is almost impossible for a person to meet. However, there’s a new opportunity that can be ...

Despite the widespread of the epidemic COVID-19, cryptocurrency has neither crushed nor has escaped the world. It is standing still and is combating every evil that is causing ...

BY MTHANDAZO NYONI GWANDA-BASED mining concern Blanket Mine has spent approximately US$3 million on capital equipment to mitigate the problems arising from the poor electricity supply in the ...

BY FIDELITY MHLANGA Norton-based Chinese tile manufacturing firm, Sunny Yi Feng Tiles Zimbabwe (Pvt) Ltd, has been ordered to shut down by the Environmental Management Agency (EMA) over ...

Food World, Zimbabwe’s premier independently owned supermarket group celebrates 35 years of operation since its inception in 1985. The company currently operates 6 supermarket branches and employs Zimbabweans ...
NetOne gives Back

BY FIDELITY MHLANGA THE amount of money an average household of five requires to purchase both food and non-food items, commonly referred to as the total consumption poverty ...