Business News

2 years ago | July 12, 2022

Unifreight reports 22 pc tonnage increase

Business Writer Unifreight Africa, one of the country’s largest haulage companies, say tonnage moved in 2021 increased ...

TSL to expand Mvurwi facility

Business Writer   TSL Limited says it will double floor space for its Mvurwi warehouse facility to 9,000 sqm as the ...

Kariba plunge pool dewatering starts

Business Writer Dewatering of the plunge pool at Kariba Dam has begun with the Zambezi River Authority (ZRA), giving ...

Govt installing CCTVs at Civil Registry

The Zimbabwe government is installing closed circuit televisions (CCTVs) at all Civil Registry offices where it is ...

Shares stumble before US inflation, earnings hurdles

Reuters Caution gripped share markets on Monday as investors braced for a US inflation report that could force another ...

2 years ago | July 11, 2022

Inflation/interest rates hike, headache for businesses

Martin Kadzere The market has maintained mixed views on Reserve Bank of Zimbabwe (RBZ)’s decision to hike interest rates ...

Woman can excel in leadership positions, Gadzikwa

Oliver Kazunga WOMEN have all it takes to occupy and excel in top leadership positions across different sectors and they ...

Zim undergoes Comesa fiscal training

Oliver Kazunga ZIMBABWE is one of the 12 countries in the Common Market for Eastern and Southern Africa (Comesa) trading ...

Development of capital markets in Zimbabwe

Dr Keen Mhlanga The growing importance of stock markets around the world has reinforced the belief that finance is a ...

Stocks climb on stimulus hopes, pound gets ‘Boris bounce’

AFP Stocks and commodities markets recovered further Thursday as talk of Chinese stimulus measures boosted sentiment, ...

2 years ago | July 8, 2022

Zim to pay off blocked funds over 10 years

Business Writer Zimbabwe will settle over 10 years its US$3 billion blocked funds debt owed to foreign firms that ...

Zim scores high on Budget transparency rankings

Business Writer Zimbabwe has improved its rankings in National Budget transparency after climbing up 11 points on the ...

War risks worsen world’s hunger crisis

A 10th of the world went hungry last year, and the war in Ukraine is threatening efforts to eradicate the problem by the ...

‘Weed out corruption in public tenders’

Michael Tome The Government should institute measures to curtail corruption in the country’s public procurement system, ...

TelOne suffers US$300 000 potential revenue loss

Michael Tome TelOne says it recorded a US$293 000 potential revenue loss in the half-year to June 2022 stemming from ...

Creating opportunities with personal branding: Maphosa

Leslie Mupeti All the way from Mhondoro-Ngezi, about 170km from Zimbabwe’s capital − Harare, Terrence Maphosa has ...

Bleeding euro ‘unbuyable’, heading for dollar parity — experts

With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity ...

Zim fails to restructure debt as arrears balloon

Business Writer Zimbabwe is battling to restructure a US$1,5 billion worth of Debt Outstanding and Disbursed (DOD) ...

Why are Africans failing to feed themselves?

Clifford Shambare This is a vast subject that has received considerable attention from African and non-African ...

Edible oil production declines 50pc

Business Writer A combination of foreign currency shortages and reduced supplies of oil seed, has seen output of cooking ...