Business News

3 years ago | August 12, 2021

Pan-African Mortgage Lender Returns to Market for US$1.25 Billion

Shelter Afrique plans to return to the market to raise US$1.25 billion in local-currency bonds by the end of the year as ...

AfDB extends US$2,5mln to enhance regional electricity regulation

Business Writer  THE African Development Bank (AfDB) through its African Development Fund, has extended US$2,5 million ...

Econet bounces back to profitability

Business Writer  Zimbabwe’s largest mobile telecoms firm, Econet Wireless Zimbabwe, posted $837 million profit in ...

RBZ persuades banks to release US$1.7bn FCAs funds

Golden Sibanda Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya, says the central bank is crafting measures to ...

3 years ago | August 11, 2021

Econet installs monitoring diagnostic technology

Econet Wireless Zimbabwe, says it has installed monitoring diagnostic tools to curb revenue leakages and network fraud ...

ZSE revenue up 6 pc

The Zimbabwe Stock Exchange Limited (ZSE) revenue for the year to December 31, 2020 rose 6 percent to $123,4 million ...

Willdale’s strong performance continues

Willdale says its sales volume for the three months to June 30, 2021 grew by 33 percent compared to the same period in ...

AMA rebrands to attract new markets

AGRICULTURE Marketing Authority (AMA) has embarked on a rebranding exercise that aims to create linkages that will ...

GMB confiscates 240k tonnes of maize from illegal dealers

THE Grain Marketing Board (GMB) has seized close to 240 000 tonnes of maize and 32 000 tonnes of soya beans from illegal ...

3 years ago | August 10, 2021

Willdale’s strong performance continues

Willdale says its sales volume for the three months to June 30, 2021 grew by 33 percent compared to the same period in ...

Delta appoints Sternford Moyo as board chair

Delta Corporation has announced the appointment of lawyer Sternford Moyo as new chairman of the Board. 

Fitch sees new SA finance chief forging fiscal pacts

New South African Finance Minister Enoch Godongwana’s heavyweight status within the ruling party could help to build ...

Taking Stock…All you need to know about the OM ETF dividend

Old Mutual Investment Group Zimbabwe (Pvt) Limited, the fund manager for Old Mutual ZSE Top Ten Index Traded Fund (OM ...

ZSE to increase retail participation

The Zimbabwe Stock Exchange (ZSE) says it is working on further increasing retail participation on the bourse as its ...

3 years ago | August 9, 2021

RBZ’s auction sinks US$1.7bln into productive sectors

The Reserve Bank of Zimbabwe (RBZ)'s weekly foreign exchange auction, which is now the most preferred source of forex ...

Uneasiness at ZB Financial Holdings

There is growing unease at ZB Financial Holdings Limited (ZBFHL) after recent revelations Transnational Holdings Limited ...

Cottco to solve woolpacks challenge

Cottco, the country's largest cotton financier, is intensifying efforts to mitigate a shortage of wool packs after it ...

Qatar Airlines to buoy Zim tourism

QATAR airlines' newly established Harare-Doha route will immensely contribute to the unlocking of new tourism source ...

3 years ago | August 6, 2021

Economy largely positive . . . but structural issues need to be fixed

Business Writer The 2021 Mid-Term Budget and Economic Review presented by Finance and Economic Development Minister ...

Zim firms find way past pandemic

Golden Sibanda Zimbabwe’s industrial firms have found a way to survive the impact of Covid-19 and captains of industry ...