Business News
2 years ago | March 9, 2022
Fuel price up again
Michael Tome ZIMBABWE Energy Regulatory Authority (ZERA) has effected a rise in petroleum products prices with diesel ...
Govt re-assures investors on repatriation of profits
Prosper Ndlovu Government has re-assured foreign investors of the ease of repatriation of their proceeds from Zimbabwe ...
ZSE market cap hits US$14 billion mark
Business Writer The All Share Index opened the week in the positive, as it added 0.14 percent to end the session at ...
TSL expands warehousing space
Business Writer The country’s largest warehousing and tobacco company, TSL Limited, says plans to expand and improve the ...
Shell to stop buying Russian oil, issues apology
news24.com Shell on Tuesday apologised for buying Russian crude oil last week and said it would withdraw completely from ...
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 ...
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