Business News

2 years ago | September 9, 2022

Local authorities defy Treasury directive . . . they continue ...

Business Writer Some local authorities are reportedly defying Government’s directive to charge all services in local ...

Zim starts oil, gas drilling soon

Business Writer AUSTRALIA Stock Exchange (ASX) listed firm, Invictus Energy, expects to spud Zimbabwe’s first oil and ...

Does farming pay?

Clifford Shambare Part Two. In this part of the article let us begin with the environment in which the farming is being ...

Worry over policies to arrest economic instability

Nelson Gahadza Economists have expressed fear that some measures authorities are deploying to arrest economic ...

SA halts exports of Valencia oranges

South African citrus farmers will voluntarily stop the export of Valencia oranges from some areas of South Africa, which ...

Tugwi-Mukosi, Mutirikwi dams to spur sugar cane production

The increased water capacity between Tugwi-Mukosi and Mutirikwi Dams, will support expansion of sugarcane and maize ...

Afreximbank happy with Zim loan facilities

Business Writer Funding deals signed between the African Export and Import Bank (Afreximbank) and local financial ...

‘Boost citrus production to build economy’

Thupeyo Muleya in Beitbridge There is a strong need for Government and partners to invest more and to build the capacity ...

Delta reveals secrets to success

Business Writer DELTA Corporation says it has leveraged on its integrated value chain business model that has kept it ...

First Capital Zim driving Group financials

Tapiwanashe Mangwiro First Capital Bank Zimbabwe (FCB), a subsidiary of FMB Capital Holdings (FMBCH), has led the group ...

Sub-economic tariffs choking ZETDC

Michael Tome and Theresa Mhazo The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), says its ...

Afreximbank targets AU specialised agency status

Business Writer The African Union is considering making the African Export and Import Bank (Afreximbank) its specialised ...

Shrinking disposable incomes dent BAT Zimbabwe volumes

Nelson Gahadza Cigarette manufacturer, BAT Zimbabwe, says shrinking disposable incomes due to increasing inflation and ...

Value addition retooling fund on the cards

Tapiwanashe Mangwiro Zimbabwe intends to introduce a retooling fund to incentivise some firms doing value addition, ...

Mounting public debt-to-GDP may stifle economic growth

Dr Keen Mhlanga Global debt has increased substantially over the last two decades, and it is a major source of concern ...

TelOne-Netone consolidation a better strategy

Michael Tome  and Tapiwanashe Mangwiro With the privatisation of TelOne and NetOne on hold after failing to raise funds ...

ZB operating costs bulk to $9bn

Nelson Gahadza ZB Financial Holdings’ inflation adjusted operating costs rose to $9,4 billion in the half year to June ...

Rentals nightmare as inflation bites

Enacy Mapakame Property owners say rental collections is giving them headaches as inflationary pressures and exchange ...

Big goals, small steps

Arthur Marara A true story is told about a man called Cliff Young. Between 1983 and 1991, Australia held an annual ...

2 years ago | September 8, 2022

Industry casts doubt on US$40 billion Govt funding scheme

Oliver Kazunga THE Confederation of Zimbabwe Industries (CZI) has expressed doubt that the estimated US$40 billion ...