Business News

2 years ago | March 8, 2022

Mimosa on expansion drive

Business Writer  One of the country’s Platinum Group Metals (PGM) producers, Mimosa, says it invested US$40 million on ...

Dedicated railway line for Mvuma steel company

Prosper Ndlovu A new dedicated railway line network will be established to connect the US$1 billion stainless steel ...

Zim removal from FATF, a confidence booster 

Business Writer The removal of Zimbabwe from the Financial Action Task Force (FATF)’s grey-list is yet another vote of ...

AfDB launches US$10.5 million projects

Business Writer THE African Development Bank (AfDB) has launched US$10.5 million worth of projects aimed at improving ...

‘No more bureaucratic barriers on Zim investments’

Prosper Ndlovu LOCAL and international investors are free to tap into any business opportunity in Zimbabwe as there are ...

2 years ago | March 7, 2022

Measures to stimulate gold production

Business Writer Government has put in place a host of measures to boost gold production starting this year as it angles ...

AfDB avails $238 million guarantee for MSMEs through RBZ

Business Writer The African Development Bank through its Youth Entrepreneurship Initiative has provided a guarantee ...

Investor protection fund grows to $957 million

Business Writer The Investor Protection Fund (IPF) had a value of $957 million as at 31 December 2021, up from $150 ...

Russian invasion comes at worst possible time for some SA fruit farmers

news24.com Russia is a sizeable market for South African fruit, and the fallout of that country’s invasion of Ukraine ...

2 years ago | March 4, 2022

ZIDA queries Kuvimba Zisco deal

Business Writer The Zimbabwe Investment and Development Agency (ZIDA) expressed reservations over the eight percent ...

Big suppliers demand USD payments only

Golden Sibanda A number of big manufacturers and suppliers (names supplied) are demanding US dollar payments only from ...

Russia, Ukraine war: US$100m trade deals at stake

Business Writer Zimbabwe’s external trade will not suffer much from Russia’s war in Ukraine as combined direct imports ...

Call to ban scrap metal exports

Martin Kadzere About 30 foundry and steel recycling firms in Zimbabwe have closed shop due to a severe shortage of ...

Treasury fuel levy hike shock as global oil price increases

Business Writer This week Finance and Economic Development Minister, Prof Mthuli Ncube, amended section 22H of the ...

Prospect Resources to reinvest Arcadia proceeds

Tapiwanashe Mangwiro Australian Stock Exchange- listed Prospect Resources that recently executed a binding Share Sale ...

CFI predicts spike in products demand

Michael Tome CFI Holdings says it expects sustained demand for its products in the retail segment into the year banking ...

Datvest exchange traded fund lists on ZSE

Nelson Gahadza Government has said capital markets are part of the country’s economic development agenda hence the ...

Shining light on debt

For economic recovery and crisis prevention, hidden liabilities and their terms must be revealed As the COVID-19 crisis ...

SA banks remarkably healthy – GCR Ratings

South Africa’s banking industry is healthier and stronger than expected and its banks are well positioned for whatever ...

Local musicians need to double down on branding

Leslie Mupeti “I’m not a businessman. I’m a business, man.” This is a Jay Z line from the song “Diamonds” from Sierra ...