Business News

2 years ago | September 12, 2022

CZI lauds Govt’s support for industries 

Business Writer THE Confederation of Zimbabwe Industries (CZI) has welcomed Government’s decision that it is prepared to ...

Drugs scandal at NatPharm

Business Writer Random audits by Treasury have revealed “missing of large quantities” of medicines procured by the ...

Banks mellows stance on lending forex to farmers

Business Writer Mobilising for foreign currency to fund operations by farmers in the horticulture sector will soon be a ...

Harare City hunts for investors

Theresa Mhazo The City of Harare is scouting for investors willing to partner it in the re-development of the city, ...

Bell grows profits almost a fifth despite supply-chain pressures, ...

Karl Gernetzky News24.com Bell Equipment, which makes and sells heavy machinery such as dump trucks and forklifts, is ...

Euro hits 20-year low on Russian gas halt

Reuters The euro fell below 99 cents for the first time in nearly two decades, while sterling was on the ropes on Monday ...

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, ...