Local

7 months ago | October 18, 2023

ZB Financial Holdings appoints Luxon Zembe as new chair

Tapiwanashe Mangwiro ZB Financial Holdings Limited has announced the appointment of Luxon Zembe as its new chairman, ...

7 months ago | October 17, 2023

FCB to internally finance new head office construction

Nelson Gahadza Victoria Falls Stock Exchange (VFEX)-listed First Capital Bank says construction of the new head office ...

Allied Timbers targets regional projects, higher value addition

Prosper Ndlovu  ZIMBABWE’S giant timber producer and distributor, Allied Timbers Zimbabwe Private Limited, is targeting ...

National LPG gas consumption hits 44,29m kgs

Business Writer Liquefied Petroleum Gas (LPG) consumption in Zimbabwe increased by seven percent to 44,29 million kg in ...

7 months ago | October 16, 2023

Pacific, Zimra US$20m tax impasse could spill into courts

Golden Sibanda PACIFIC Cigarette Company (PCC), an indigenous tobacco processing firm fronted by businessman, Adam ...

7 months ago | October 13, 2023

RBZ, Treasury to focus on future of ZWL

Business Writer The Reserve Bank of Zimbabwe and Ministry of Finance and Economic Development and Investment Promotion, ...

Construction boom props up Zim economy

Business Writer The ongoing construction projects are propping up Zimbabwe’s economy with some analysts describing the ...

Zim meeting electricity demand

Business Writer Zimbabwe is meeting its electricity demand except when some of the units at Hwange are taken out for ...

Nation’s financial institutions on high alert

Business Writer Zimbabwean financial institutions will have to be on high alert when dealing with counterparts from ...

‘Power tariffs choking fledgling lithium industry’

Oliver Kazunga THE high cost of electricity that shot up by over 40 percent in the past 11 months is scuttling the ...

7 months ago | October 12, 2023

Relief for pensioners as regulator approves compensation

Enacy Mapakame Pensioners who lost their savings between the period 2000 and 2009 will start receiving compensation ...

Gold prices slump in September

Business Writer Gold prices declined 3,7 percent in September, with the bulk of the move occurring during the last three ...

23 Zim firms showcase products at 2023 Global Expo Botswana

Prosper Ndlovu in GABORONE, Botswana At least 23 local companies drawn from different sectors of the economy are ...

TN Asset Management bags big on Econet, EcoCash rights issue

Tapiwanashe Mangwiro Listed firms, Econet Wireless and EcoCash Holdings announced that they have completed their rights ...

7 months ago | October 11, 2023

Gas and petroleum observed in Muzarabani’s Mukuyu-2

Business Writer An Australian firm hunting for oil and gas in Muzarabani, Invictus Energy, yesterday released news ...

Govt issues US$5 TBs

Business Writer Government has gone to the market seeking US$5 million through the issuance of Treasury bills (TBs) with ...

Govt sets up technical team for Harare water woes

Business Writer/New Ziana Government has appointed a19-member technical team to assist the financially hamstrung Harare ...

7 months ago | October 10, 2023

Zim economy registers strong quarterly rebound

Business Writer Zimbabwe’s economy recovered in the second quarter of this year after growth surged by 1,5 percent ...

Kingdom Hotel closure weighs on African Sun earnings

Enacy Mapakame Hospitality group, African Sun Limited, recorded an after tax loss for the half year to June 30, 2023 of ...

Turnall optimistic on improved product supply

Business Writer  TURNALL Holdings Limited says it is optimistic about improved product supply and enhanced production ...