Business News

3 years ago | October 8, 2021

RBZ needs to act swifter against black market

The black market in foreign currency does, in normal circumstances, provide a living for the dealers who operate inside ...

3 years ago | October 7, 2021

Vaccination programmes, a boost for tourism

Business Writer The easing of coronavirus related lockdowns and a robust vaccination programme by Government, has ...

CEO roundtable seeks solutions to deliver Zim from Covid-19

Business Writer Need for concerted efforts amongst policymakers and industry players to safely deliver Zimbabwe from the ...

PPC projects volumes jump

Business Writer Regional cement producer, PPC Limited is forecasting its local unit – PPC Zimbabwe’s volume ...

Varun Beverages’ US$12 mln investment in new line a game changer

Business Writer VARUN Beverages Zimbabwe, a franchise of PepsiCo, yesterday commissioned a US$12 million packaged ...

3 years ago | October 6, 2021

ZimTrade calls for strategic pricing to stimulate exports

Trade development and promotion body, ZimTrade, has implored local exporters to devise strategic pricing for their goods ...

Dr Trouble’s sauce makes history in the UK

Every cook wants to know if their food is liked, so winning an award is a great way to get that confidence, says Dr ...

NBS and Vaka launch diaspora mortgages

Zimbabweans in the diaspora can now access mortgage loans from the National Building Society NBS) following a ...

Eskom now world’s biggest sulfur dioxide emitter, CREA says

Eskom, South Africa’s coal-reliant power utility, has become the world’s biggest emitter of sulfur dioxide, a pollutant ...

Facebook whistle-blower to share ‘frightening truth’ with senate*

The Facebook whistle-blower who turned over internal company documents to US securities regulators is set to share her ...

Top miners doubt customers can match their zero-emissions target

The world’s top miners are confident they can eliminate emissions from their own operations by 2050, but aren’t yet sure ...

3 years ago | October 5, 2021

Caledonia declares dividend

Blanket Mine parent company -Caledonia Mining Corporation Plc – has announced a US14 cents a share quarterly dividend, ...

Innscor Africa in US$70 million expansion drive

INNSCOR Africa has approved a US$70 million investment to expand its operations including building a new flour milling ...

Remaining five provinces to have commercial airports

Business Writer Plans are in the pipeline to construct commercial airports in the remaining five national provinces to ...

SA: Inflation impact may be worse than the figures suggest

Many believe South Africa’s inflation is higher than the official figures state.

3 years ago | October 1, 2021

CBZ in $3bn fertiliser supply contract breach

Sable Chemicals, the country’s sole producer of ammonium nitrate has received $335 million out of nearly $1,5 billion ...

Inflation targets off rails

The Reserve Bank of Zimbabwe’s quest to have annual inflation slow down to between 25-35 percent by year-end is now off ...

No basis for exchange rate volatility: RBZ

There is no basis for exchange rate volatility in Zimbabwe, particularly on the open market where the domestic unit ...

Invictus completes oil, gas well designs

INVICTUS Energy, the Australian firm searching for oil and gas in Zimbabwe, says a contractor has completed the well ...

Embrace paradigm shift in economy: Chiwenga

The Zimbabwe economy can no longer be broken down into formal and informal sectors, but should instead recognise ...