Business News

31 mins ago | May 24, 2022

Mnangagwa to chair AfCFTA discussions

Kudzanai Sharara in DAVOS, Switzerland The Head of State and Government, President Mnangagwa, who is here attending the ...

Zim hosts symposium to discuss shocks caused by Russia/Ukraine war

Business Writer Zimbabwe this week hosts business leaders from across the region attending the Hybrid International ...

March private sector credit skewed towards agriculture

Business Writer Agriculture dominated private sector credit in March as farmers geared up for winter wheat planting and ...

Distributed Power Africa and EDF extend partnership to South Africa

Business Writer Distributed Power Africa (DPA), a business owned by Cassava Technologies and Électricité de France ...

1 day ago | May 23, 2022

Resolution nears for frozen Old Mutual, PPC

Business Writer Significant progress has been made in resolving the ban of the trading of shares of Old Mutual Limited ...

Govt to ring-fence carbon tax revenue

Enacy Mapakame Government is developing a legal framework that would ring-fence funds collected from carbon tax to ...

Equities remain flat as cautious investors watch 

Business Writer Equities remained virtually flat on Friday as investors remained cautious amid currency weakness and ...

No to interest rates hike, Mthuli

Business Writer Government did not respond to speculative borrowing from banks by hiking interest rates to avoid ...

Going round in circles

Clifford Shambare On 9, May 2022, I happened to watch a programme where Tendai Munengwa of ZBC was interviewing the ...

4 days ago | May 20, 2022

Industry must wean itself from auction

Michael Tome Industry must wean itself from relying on the Reserve Bank of Zimbabwe for foreign currency, but rather ...

Zim reaches out to IMF over policy reform help

Golden Sibanda Zimbabwe is discussing with the International Monetary Fund (IMF) ways to assist refine its policy mix to ...

Develop the winner’s mindset always

Arthur Marara Failing does not make you a failure. You only fail when you give up. This is the point that need to be ...

Farming inputs pricing matrix a disaster to agric revolution

Nelson Gahadza Zimbabwe’s agriculture sector viability is under serious threat from significant price increases of ...

Zimpapers revenue jumps 63 pc in Q1

Business Writer Diversified media company, Zimbabwe Newspapers (1980) Limited (Zimpapers), has recorded a 63 percent ...

China’s Huayou to invest US$300m

Golden Sibanda Chinese firm, Huayou, says it will invest US$300 million over the next 12 months to develop the Arcadia ...

Industry decries flooding of duty-free goods

Business Writer In order to avoid price controls on the ever rising prices of goods locally, Government sought to deal ...

NRZ revalued above US$3bn

Oliver Kazunga, recently in Bulawayo National Railways of Zimbabwe (NRZ) assets have been revalued at above US$3 billion ...

ZIDA loses executives in top-level exodus

Martin Kadzere THE Zimbabwe Investment Development Agency (ZIDA), has lost three senior executives in just one month, ...

Zimre to champion real estate growth

Nelson Gahadza ZIMRE Holdings (ZHL) says it will continue to implement a strategy to champion the financial services ...

Mining industry in US$10bn capital shortfall

Oliver Kazunga The mining industry has a capital shortfall amounting to US$10 billion required to implement different ...