Business News

11 months ago | June 9, 2023

Important legal safeguards to note

Arthur Marara Being in the public domain is not always an easy experience, as many times people are not able to ...

Insights from Nheera’s journey in Zim music

Leslie Mupeti While most artistes find their inspiration in song, Diana Nheera finds hers in the souls of young ...

Dairiboard underpins volume growth on recently completed capital ...

Michael Tome Business Writer Dairibord says it is projecting volumes growth in the 2023 financial year, banking on ...

Econet lament sub-inflationary tariffs

Nelson Gahadza Econet Wireless Zimbabwe says tariff charges applicable to all mobile network services continue to fall ...

Stanbic Bank calls for unity to grow mining

Business Correspondent Stanbic Bank Zimbabwe has called on mining stakeholders to work together to unlock the full ...

Premier African Minerals offtake agreement under threat

Oliver Kazunga THE offtake and prepayment agreement previously entered into between Premier African Minerals and a ...

11 months ago | June 8, 2023

FBC Holdings Limited signs agreement to purchase Standard ...

Oliver Kazunga Senior Business Reporter FBC Holdings Limited (FBCH) and Standard Chartered Bank PLC have entered into an ...

11 months ago | June 7, 2023

Currency volatility blights infrastructure projects

Business Reporter Civic society and parliamentarians have expressed concern over how issues such as corruption and ...

Liquid, INOVO cloud deal for Zimbabwe

Tapiwanashe Mangwiro Liquid C2 and INOVO have entered a deal which will see the former’s clients in Zimbabwe and other ...

11 months ago | June 6, 2023

Zimbabwe dollar in 42 percent tumble

Business Writer The Zimbabwe dollar took another huge tumble at Tuesday’s auction system the third time of trading ...

Econet invests US$66 mln in network upgrade

Business Reporter ECONET Wireless Zimbabwe (EWZ) says it invested US$66 million in the financial year to February 28, ...

Invictus raises combined US$23,56 million to support further ...

Oliver Kazunga Senior Business Reporter INVICTUS Energy has raised a total of 35,4 million Australian dollars (US$23,56 ...

11 months ago | June 5, 2023

Baldmin clinches manufacturing deal in DRC

Business Reporter BALDMIN Projects has secured a deal to construct warehouses for Lulu KCC Mine in the Democratic ...

Mash revenue up 481 percent

Enacy Mapakame Listed property firm Mashonaland Holdings Limited’s revenue for the quarter to March 31, 2023 jumped 481 ...

Masimba banks on long project pipeline

Business Reporter Construction firm Masimba Holdings says current state of infrastructure in the country presents ...

Zim imports decline as regional power suppliers struggle

Business Writer Zimbabwe’s power imports have significantly declined, with the country importing an average of 180 MW ...

Digitisation to drive Steward Bank into the future

Enacy Mapakame Steward Bank’s net operating income for the year to February 28, 2023, increased by 1 189 percent from ...

POSB expansion drive notches a gear up

Business Writer The People’s Own Savings Bank (POSB) opened a new Microfinance Service Centre in Mutare on ...

Farmers assure country of adequate milk supplies

Nkosilathi Sibanda ZIMBABWE continues to increase its milk production levels with the Zimbabwe Association of Dairy ...

11 months ago | June 2, 2023

Parly probes Mana Pools oil drilling EPO

Tapiwanashe Mangwiro The Ministry of Mines and Mining Development has moved in to explain the gazetting of an Exclusive ...