Business News

11 months ago | June 1, 2023

Econet says forex auction not adequate

Tapiwanashe Mangwiro  Listed telecommunications giant, Econet Wireless, has said it is still trying to raise funds to ...

11 months ago | May 31, 2023

China now Zim’s biggest source of FDI

Kudzanai Sharara in Beijing, China The People’s Republic of China has made huge inroads into the Zimbabwean economy and ...

First Mutual profit hits $17,6 billion in Q1

Tapiwanashe Mangwiro Listed insurer, First Mutual Holdings, says its first quarter to March 31, 2023 profits bulked 616 ...

Call for Zimra to curb smuggling of goods

Business Writer   There is need for the Zimbabwe Revenue Authority (ZIMRA) to strengthen measures to combat smuggling of ...

Tobacco sales inch towards US$700 million

Business Writer TOBACCO sales have reached US$683,8 million from 227,3 million kilogrammes delivered at the auction ...

11 months ago | May 30, 2023

Zim – China in drive to boost trade and investment 

Kudzanai Sharara in Beijing, China The win-win cooperation between Zimbabwe and China will pave way for socio-economic ...

Axia Corporation in solid performance

Enacy Mapakame Specialty retail group, Axia Corporation Limited, experienced a solid performance for the third quarter ...

Turnall back with rights offer option

Tapiwanashe Mangwiro Turnall announced that it will go on with its rights offer issue which they had previously shelved ...

EMA renews Invictu’s environmental impact assessment 

Business Writer THE Environmental Management Agency (EMA) has renewed an Environmental Impact Assessment and ...

11 months ago | May 29, 2023

Zimbabwe-China Business Forum begins tomorrow

Kudzanai Sharara in Beijing, China All is set for tomorrow’s (Tuesday) Zimbabwe-China Business Forum, in Beijing, ...

Banks demand for digital currency surges

Enacy Mapakame The banking sector says demand for digital currency in the country has been strong since the Reserve Bank ...

NBS launches asset financing

Business Writer National Building Society (NBS) Bank launched its asset financing programme through their private ...

Duty removal to increase forex outflow

Business Writer The removal of import duty on basic commodities will result in increased outflows of foreign currency as ...

12 months ago | May 26, 2023

RBZ unlikely to hike rates, demands market discipline

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) is unlikely to hike interest rates in the immediate term, Governor Dr ...

Roundtable on Zim debt arrears clearance meeting

President Mnangagwa on Wednesday addressed the Roundtable on Zimbabwe Debt Arrears Clearance Meeting at the African ...

US declines to support funding Zim arrears clearance, debt ...

Hebert Zharare recently in Sharm El Sheik, EGYPT  The US Government will not participate in any financing options for ...

5 Leadership lessons from Delta CEO

By Arthur Marara This past week I was invited to speak at the Delta Corporation Executive Ball Dinner. This was one of ...

CTC calls for exchange rate liberalisation

Martin Kadzere Two of Zimbabwe’s economic commissions have urged the Government to fully liberalise the exchange rate to ...

The African Renaissance: building Africa’s brand image

Leslie Mupeti Happy belated Africa Day. Yesterday, we celebrated the progress that Africa has made in recent years. Many ...

Zimbabwe carbon credit programs get two months to meet new rules

Zimbabwe, which roiled the global carbon credits industry by canceling offset programs last week, will now give ...