Business News

1 min ago | October 7, 2022

RBZ not ditching auction despite dwindling volumes

Business Writer The Reserve Bank of Zimbabwe is likely to keep the foreign currency auction system for much longer after ...

Legacy debts continue to haunt Hwange Colliery

Nelson Gahadza Hwange Colliery Company (HCC), under Administration, continues to swim under debt due to legacy debts ...

Zim potentially sitting on 5bn oil barrels

Golden Sibanda Zimbabwe could be sitting on at least 5,5 billion barrels of oil equivalent (boe), according to latest ...

Unifreight to regain full trucker market share

Business Writer Logistics firm, Unifreight, has invested at least US$5 million in a new fleet of 50 trucks with the goal ...

Businesses decry harsh operating environment

Business Writer Zimbabwe Stock Exchange listed firms, reporting their financials for the half year to June 2022, have ...

Centrality of stakeholders in nation branding

Dr Musekiwa C Tapera Nation branding has emerged as a strategy for all countries to compete financially, culturally and ...

Premier Africa posts US$4,89m loss

Oliver Kazunga LONDON-listed Premier African Minerals Limited, which is developing the Zulu lithium and tantalum project ...

ETG Parrogate to transform local textile sector

Business Writer ETG Parrogate Group (ETG) this week unveiled four major strategic investment projects in Zimbabwe in the ...

Economic environment remains volatile

Nelson Gahadza Listed companies have warned that the economic environment remains volatile and hyperinflationary despite ...

Ten reasons why small businesses fail

Part II In the last instalment we commenced a conversation on why small businesses fail. While the talk so much is on ...

Econet continues to lead the market

Business Writer Econet Wireless Zimbabwe gained market share on the three main mobile telecommunications products of ...

Connection between your brand and the customer experience

Leslie Mupeti Companies constantly try to foster a culture of trust, dependability, or goodwill in order to link their ...

Land tenure issues delay Hippo’s sugarcane project

Oliver Kazunga OVER 3 000 hectares of land that is part of the 4 000ha Kilimanjaro Sugarcane project at Hippo Valley ...

‘Embrace best wheat harvesting methods’

Tapiwanashe Mangwiro Wheat farmers have been encouraged to embrace best practices that minimise post-harvest losses, ...

1 day ago | October 6, 2022

ZSE cools midweek as heavy weight tumble

Business Writer The Zimbabwe Stock Exchange (ZSE) further cooled on Wednesday, largely due to losses in heavyweight ...

ATFS2022 focuses on managing challenges of trade finance

Business Writer The 2022 Afreximbank Trade Finance Seminar (ATFS2022) and Factoring Workshop, which opened on 3 October ...

SDR funds to create over 20 000 jobs in agric sector

Oliver Kazunga Over 20 000 people will be directly employed from 18 irrigation schemes that will be revived across the ...

South Africa to host Google’s new cloud hub, the first on ...

Sibongile Khumalo Google is launching a cloud service specifically for the African continent and the infrastructure will ...

2 days ago | October 5, 2022

Huge power demand looms

Business Writer Chamber of Mines Zimbabwe (CoMZ) says local power producers should brace for increased energy demand ...

CBZ concludes merger transaction

Business Writer  The country’s largest financial services group, CBZ Holdings Limited (CBZHL), says it has received both ...