Local

9 months ago | August 7, 2023

CBZ’s gross PML seen at US$736,74m

Business Writer CBZ Holdings has estimated the gross Probable Maximum Loss (PML) for its short-term insurance to be ...

RBZ turns down currency board proposal

Oliver Kazunga THE Reserve Bank of Zimbabwe (RBZ) has turned down a proposal to introduce a currency board following the ...

9 months ago | August 4, 2023

Recession depends on Govt discipline

Tapiwanashe Mangwiro and Malvern Nkomo Zimbabwe has had a turbulent fight against inflation, but seems like they are ...

Zim processed foods impress in Zambia

Business Writer The high quality and better taste of local processed foods was the centre of discussions when hundreds ...

Govt reveals major areas of concern, seeks solutions

Business Writer Government, through the Ministry of Finance and Economic Development, is still looking for relevant ...

Spending subdued ahead of elections

Nelson Gahadza Generally, an election year in Zimbabwe is considered a high-spending period by both the ruling party, ...

SeedCo leverages on research,development

Enacy Mapakame Listed seed processor, SeedCo Limited, says research and development remains at the centre of its ...

Eagle REIT invades Mazowe, Victoria Falls

Tapiwa Mangwiro ZimRe Holdings on Friday revealed its Eagle Real Estate Investment Trust (REIT), will launch two ...

Premier African Minerals/CanMax disputes rages on

Oliver Kazunga The dispute between Premier African Minerals and CanMax Technologies is raging on with the former ...

Loan reduction, default risk fears as high interest rates bite: POSB

Business Writer People’s Own Savings Bank (POSB), says high interest rates have seen a reduction in credit facilities ...

9 months ago | August 3, 2023

Powertel to connect mining firms to Internet of Things

Business Writer Powertel Communications, a subsidiary of ZESA Holdings, aims to connect mining companies to the Internet ...

Efforts to promote solar power solutions on cards

Business Writer The joint Parliamentary Portfolio Committees on Energy and Power Development and Environment, Climate, ...

9 months ago | August 2, 2023

Election spend subdued, says Delta

Malvern Nkomo Zimbabwe beverage manufacturing giant, Delta Corporation (Delta), says a significant portion of sales is ...

Firmcare Construction to raise money for distressed properties

Business Writer Firmcare Construction, a local investment company, is seeking to raise US$2,5 million for re-development ...

Kuchera, German technology firm pen partnership agreement  

Enacy Mapakame Kuchera, a German-based technology company specialising in optimising haulage operational efficiency in ...

Current monetary regime to cripple Delta sales

Tapiwanashe Mangwiro Research firm, Morgan and Company in their Delta first quarter review, have predicted the beverage ...

9 months ago | August 1, 2023

Election spend subdued, says Delta

Malvern Nkomo Zimbabwe beverage manufacturing giant, Delta Corporation (Delta), says a significant portion of sales is ...

RBZ maintains tight monetary policy stance amid ZWL shortages

Business Writer The Reserve Bank of Zimbabwe (RBZ) has held the benchmark interest rate to give time for the instituted ...

Zimre Holdings records 510 percent growth

Enacy Mapakame  Zimre Holdings Limited’s property portfolio recorded 510 percent growth in total rental income for the ...

Prospect adequately resourced to fund exploration and drilling

Business Writer AUSTRALIA-LISTED resource exploitation concern, Prospect Resources, says it is adequately – resourced to ...