Local

6 months ago | November 1, 2023

Zim intensifies efforts to make women-run SMES competitive in AfCTA

The Government is intensifying efforts to formalise micro, small and medium enterprises (MSMES) owned by women so that ...

6 months ago | October 31, 2023

FCB loan-to-deposit ratio fluctuates between 60-65pct

Business Writer First Capital Bank (FCB) Zimbabwe says its loan-to-deposit ratio (LDR) hovers between 60 percent and 65 ...

Cement prices skyrocket amid shortages

Business Reporter Prices of cement in Zimbabwe have gone up by as much as 100 percent over the past two months due to a ...

Axia FY23 revenue marginally declines

Enact Mapakame Specialty retail and distribution firm, Axia Corporation’s revenue for the full year to June 30, 2023 ...

6 months ago | October 30, 2023

RTG half-year occupancy rate decline

Business Reporter Rainbow Tourism Group (RTG) says the occupancy rate for the half-year period to June 30, 2023, closed ...

6 months ago | October 27, 2023

De-industrialisation trend worrying: CZI

Oliver Kazunga THE Confederation of Zimbabwe Industries (CZI) says the de-industrialisation trend the country has ...

US economic embargo weighing on local banks

Golden Sibanda Zimbabwe says the economic embargo imposed on the country at the turn of the millennium, has ...

IMF calls for acceleration of reforms

Business Reporter The International Monetary Fund (IMF) says Zimbabwe should accelerate foreign exchange market reform ...

Zim’s trade deficit narrows

Nelson Gahadza Zimbabwe’s trade deficit for the nine months to September 2023 narrowed to US$94,2 million, representing ...

Zimpapers Cancer Power Walk: Countdown begins

Tamuka Mukiwa Zimpapers Cancer Power Walk 8th edition is here. The event will kick off concurrently in Harare, Bulawayo, ...

Inflation starting to creep up

Business Writer Prices of goods and services crept up for the second consecutive month with the month-on-month inflation ...

Property sector in favour amid inflationary pressures

Business Writer Zimbabweans are increasingly turning to brick-and-mortar investments as a way to preserve their wealth ...

ZiG demand on the increase

Business Writer The Reserve Bank of Zimbabwe sold the highest quantity of gold-backed digital tokens in 5 months amid ...

6 months ago | October 25, 2023

ZERA okays US2 cents electricity tariff hike

The Zimbabwe Energy Regulatory Authority (ZERA) has approved an increase in electricity tariffs of US2 cents, which ...

Hoarding of goods resurfaces – Industry and Commerce Minister Nyoni

Business Writer/NewZiana There is a growing tendency of hoarding of goods, to push up prices, among informal wholesalers ...

Government mobilises resources to rehabilitate major highways in ...

New Ziana The Government is mobilising resources to rehabilitate major roads in the Matabeleland region as it moves ...

6 months ago | October 24, 2023

Govt remodels the US$100 million bond

Nelson Gahadza Finance and Economic Development and Investment Promotion Minister, Mthuli Ncube, says the Treasury is ...

ZIDA opens branch in Byo

The Zimbabwe Investment Development Authority (ZIDA) has opened a branch in Bulawayo which will cater for the southern ...

6 months ago | October 23, 2023

ZERA poised to licence 200MW wind power project

Business Writer The Zimbabwe Energy Regulatory Authority (ZERA) is intensifying efforts to tap into wind energy for ...

Imara cautions banks on TBs

Business Writer Banks have been cautioned on subscribing to the Government’s US$5 million Treasury Bills (TBs) given ...