Business News

12 months ago | May 25, 2023

Congo to secure hybrid seeds from Zim

Malvern Nkomo The DRC delegation yesterday attended SeedCo Vegetables’ annual winter field day at the ...

Toothpaste, washing powder firms on verge of collapse

Business Writer Local washing powder and toothpaste producers are on the verge of shutting down their operations due to ...

Characteristics of Online Casinos; Why they are the Perfect ...

Every business is now seeking ways to increase its foothold in the online market as everything in the 21st century ...

12 months ago | May 24, 2023

Liquid Dataport launches terrestrial data superhighway 

Enacy Mapakame Zimbabwean businesses and individuals are set to benefit from improved connectivity following a ...

RioZim seeks a stable power supply

Malvern Nkomo The Zimbabwe Stock Exchange-listed company, RioZim, has said it will remain focused on securing a steady ...

Report urges Government to loosen currency controls

Business Reporter A report by two separate commissions said the Zimbabwe dollar was overvalued and urged the government ...

ZB mulls job cuts, global economic downturn cited

Business Writer ZB Holdings plans to retrench an unspecified number of workers as part of its restructuring exercise ...

12 months ago | May 23, 2023

Zim dollar tumbles 34 percent on official auction system

Business Writer The Zimbabwe dollar weakened by approximately 34 percent on Friday, its biggest fall in months following ...

Border Timbers pushes for recapitalization

Business Writer Listed timber producer Border Timbers in its trading update for the nine months to March 31, 2023 said ...

NSSA forensic audit complete

Business Writer A forensic audit of the National Social Security Authority(NSSA) by AMG Global has been completed, a ...

12 months ago | May 22, 2023

Analysts warn of economic meltdown as businesses resist ...

Michael Tome Some analysts have warned of a “sharper” economic slowdown following the recent measures put in place by ...

Govt spending spurs demand for construction inputs

Business Writer Government spending on construction has markedly increased in the past few years, some industry players ...

RTG occupancies back to pre-Covid-19 era

Business Writer  Listed hotelier, Rainbow Tourism Group (RTG), reported that its first quarter to March 31, 2023 ...

12 months ago | May 20, 2023

All set for Afreximbank’s 30th anniversary and annual meeting

Kudzanai Sharara Afreximbank will next month, in Accra Ghana, hold the first gathering of global Africa including, for ...

12 months ago | May 19, 2023

Someone is creating ‘hot money’ – Industry

Golden Sibanda WITH Zimbabwe’s economy in a tailspin again, roiled by the rapidly depreciating Zimbabwe dollar, ...

Zim enters new era as dialogue starts yielding results

Business Writer Zimbabwe convened the 4th Structured Dialogue Platform on arrears clearance and debt resolution process ...

Zim committed to dialogue: President Mnangagwa

President Mnangagwa’s address I welcome you to this important High-Level Debt Resolution Forum, which is part of the ...

Zim to implement IMF’s Staff Monitored Programme in Q4

Oliver Kazunga ZIMBABWE is set to implement the International Monetary Fund’s Staff Monitored Programme (SMP) in the ...

Treasury moves in to stop printing press

Business Writer Currency stabilisation measures recently announced by Government are meant to lessen money creation in ...

Understanding Vicarious liability: Part 1

Arthur Marara A bus driver is carrying 70 passengers from point A to B. He is drunk and driving at an excessive speed, ...