Business News

10 months ago | July 7, 2023

New tax regime bites producers, consumers

Tapiwanashe Mangwiro Consumers have seen an upward review in fuel by US$0.02 on both blend and diesel despite a fall in ...

Leading through disruption

Arthur Marara Leading in disruptive times can be challenging. In an era of constant disruption, navigating the ...

How good corporate reputation creates corporate value

Dr Musekiwa Clinton Tapera Corporate Reputation (CR) has not been taken seriously in influencing or creating corporate ...

10 months ago | July 5, 2023

Zimbabwe Industrial Power Users Aim to Raise $250 Million for ...

Bloomberg Zimbabwe’s industrial electricity consumers and exporters aim to raise $250 million to build the first phase ...

African Sun joins anti-poaching scheme

Tapiwanashe Mangwiro Zimbabwe’s leading hotel investment company, African Sun Limited, has donated US$21 000 to ...

Stanbic donates sanitary materials to Shamva girls

Business Writer Stanbic Bank has donated 1 600 reusable sanitary pads and 800 undergarments to 400 girls at Nyava ...

10 months ago | July 4, 2023

Mash Holdings’ US$15 million property to change Pomona

Business Writer Property firm, Mashonaland Holdings, is developing an upmarket structure in Pomona at a cost of US15 ...

Meikles declares US0.8 cents final dividend

Tapiwanashe Mangwiro Listed diversified entity, Meikles Limited, announced a final dividend of US0.8 cents for the year ...

10 months ago | July 3, 2023

Tanganda revenue jumps 70 percent

Business Writer Tanganda Tea Company’s half-year revenue jumped 70 percent to $10.97 billion compared to $6.46 ...

Nampak divisions’ half year volumes mixed

Business Writer Listed packaging materials manufacturer, Nampak Zimbabwe, saw its divisions post mixed volumes numbers ...

10 months ago | June 30, 2023

Zimplow new business unit gains traction

Enacy Mapakame Farmec, Zimplow tractor division Zimplow Holdings Limited’s new business units are already gaining ...

ZSE to expand digital platforms

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) expects to expand its digital platforms in a move that will increase ...

Mounting inflationary pressures increase FLA US dollar business

Nelson Gahadza Fidelity Life Assurance (FLA) says the inflationary environment obtaining in the country has seen the ...

‘Exporters have no basis of holding forex’

Golden Sibanda Zimbabwean authorities expect the foreign currency market to become self-sustaining in the near future ...

PPC kiln shutdown dents volumes

Michael Tome CEMENT maker, Pretoria Portland Cement (PPC), says extended kiln shutdown in the first half of its 2023 ...

Call for full dollarisation misplaced

Business Writer The slump in aggregate demand and now in production that local retailers and manufacturers are ...

Govt debt, low tariffs hit TelOne

Business Writer TelOne suffered massive exchange rate losses after currency depreciation witnessed this June, weighed on ...

Customer service key for business development

Dr Keen Mhlanga A customer is a person or an organisation that makes a purchase from a business. Customers are the ...

Trade deficit widens as export stalwarts falter

Tapiwanashe Mangwiro Zimbabwe trade deficit for the five months to May has widened to US$970 million on the back of ...

Patriotic entrepreneurship development, knowledge creation

Dr Charles Dahwa Patriotic Entrepreneurship — Part 7 Although entrepreneurship is widely taught in most business schools ...