Business News

1 year ago | March 31, 2023

Buses, trucks producers in quandary

Michael Tome Bus and Truck industry has slammed Government over “inconsistent policies” that players argue continue to ...

Contango misses March production, sales target

Tapiwanashe Mangwiro Contango Holdings, the London listed natural resource development company, has provided an update ...

Cottco seeks cash guarantees

Business Writer With the 2023 cotton selling season around the corner, Cottco, Zimbabwe’s largest cotton firm is ...

FCB fears pro-election policies

Nelson Gahadza First Capital Bank (FCB) argues twerking policies to suit election narratives remains the biggest risk ...

1 year ago | March 30, 2023

US$193 million deal kicks off healthcare provision phase 3

Tapiwanashe Mangwiro Government has signed a US$193,3 million hospital and health centre construction financing deal ...

Calls to revive Tripartite Negotiating Forum

Business Writer Zimbabwe’s largest labor unions have sought an audience with President Mnangagwa in a fresh bid to ...

1 year ago | March 29, 2023

Transform Africa Summit to enhance continent’s digital ...

Michael Tome and Malvern Nkomo ZIMBABWE is geared to host the sixth Transform Africa Summit (TAS), as the continent ...

Masenda tipped as front runner to head Cottco

Business Writer Admire Masenda, the chairman of the Zimbabwe Textile Manufacturers Association is among the potential ...

GetBucks continues delisting journey

Tapiwanashe mangwiro GetBucks Financial Services which is currently in negotiations for US$5 million to enable the bank ...

Experts call for waste management incentives

Tapiwanashe Mangwiro Senior Business Reporter Experts have called for authorities to increase incentives for those who ...

1 year ago | March 28, 2023

Manufacturers invading tax, Mutashu

Business Writer   THE Retailers Association of Zimbabwe president, Denford Mutashu, last week accused many businesses of ...

Liquid to increase tariffs by 50 pc

Malvern Nkomo PAN African technology firm, Liquid Intelligent Technologies, has announced the intent to adjust tariffs ...

VFEX listing will support growth, FCB

Nelson Gahadza Senior Business Reporter  First Capital Bank (FCB) says it is targeting to have completed the migration ...

1 year ago | March 27, 2023

Equities market requires strategy

Business Writer A good investment strategy backed by knowledge and understanding is key to reaping good returns on the ...

Caledonia to raise US$10 million for expansion

Business Writer  Caledonia Mining Corporation Plc, parent company for Blanket Mine, is proposing to raise approximately ...

Toriro’s resignation accepted, NSSA hunts for new chair

Business Writer   The National Social Security Authority (NSSA), Zimbabwe’s state-owned pension fund, has started ...

Zim, Comesa sign pact to build Chirundu border market

Business Writer Zimbabwe and the Common Market for Eastern and Southern Africa (Comesa) have signed a US$988 972,12 ...

1 year ago | March 24, 2023

Illegal lithium mining: Poser for Zimbabwe

Golden Sibanda The spontaneous manner in which lithium is being informally discovered in many parts of Zimbabwe has made ...

Zim heads for another painful currency cycle

Business Writer The level of dollarisation has reached its zenith – according to some economists who predict that ...

‘Inhibiting policies to weigh on operating environment’

Nelson Gahadza Old Mutual Investment Group Zimbabwe (OMIGZIM), has said an increasingly fragile political environment ...