Chicken Inn to open Gokwe branch
Michael Magoronga Simbisa Brands, owners of popular fast foods outlet, Chicken Inn are set to open a branch in Gokwe. Simbisa Brands Southern Region operations manager, Mr Xolisani Gama confirmed the...
View ArticleZera warns errant fuel suppliers
Enacy Mapakame Fuel service stations deliberately hoarding and limiting supply of fuel for speculative purposes, which has resulted in artificial shortages, risk prosecution as well as losing their...
View ArticleZimra beats Q3 revenue target
Zimbabwe’s gross revenue collections in the third quarter ended September amounted to $1,28 billion, surpassing the target of $1,089bn by nearly 18%, the tax agency said yesterday. BY TATIRA ZWINOIRA...
View ArticleAirzim, Zimairways to Merge
By Nyasha Chingono DEBT-RIDDEN Air Zimbabwe’s new administrator Grant Thornton has been assigned the task of merging Air Zimbabwe and controversial carrier Zimbabwe Airways within the next six months....
View ArticleAmtec Diversifies Into Farm Equipment
India’s tractor and farm equipment manufacturer Tafe, through AgriMag of South Africa has awarded a distribution licence of its products to Amtec Motors (Zimbabwe). Through the franchise arrangement...
View ArticleChange of Currency Not Ideal to Revive Economy – Mugaga
THE country’s economic crisis has deepened since the recent fiscal and monetary measures announced by Finance minister Mthuli Ncube and Reserve Bank governor John Mangudya. The economy has plunged into...
View ArticleZimra Collects $7,5m As Car Dealers Panic
THE Zimbabwe Revenue Authority (Zimra) collected $7,5 million in 12 days in car import duty here as car dealers are panicking over rumours of the pending introduction of duty in foreign currency. Zimra...
View ArticleZera Warns Errant Fuel Suppliers
Fuel service stations deliberately hoarding and limiting supply of fuel for speculative purposes, which has resulted in artificial shortages, risk prosecution as well as losing their licences, industry...
View ArticleOil Companies Withholding Fuel Risk Losing Licences
By Natasha Chamba THE Zimbabwe Energy Regulatory Authority (Zera) has warned dealers against deliberately withholding or limiting fuel supplies for speculative purposes, saying culprits risk...
View ArticleZIMRA Surpasses Q3 Revenue Targets
By Tawanda Musarurwa The Zimbabwe Revenue Authority (Zimra) has announced gross collections amounting to $1, 28 billion against a target of $1, 089 billion in the third quarter of this year, according...
View ArticleBrussels Businesses Eye Zim Prospects
By Fidelis Munyoro and Davison Kaiyo BELGIUM is sending a high-powered business delegation comprising 25 companies to Zimbabwe to explore investment opportunities, in a move expected to boost...
View ArticleGMB Introduces Medical Aid for Farmers
By Martha Leboho The Grain Marketing Board (GMB) has introduced a medical aid scheme for farmers to ensure their well-being given their strategic importance to the nation. The parastatal’s corporate...
View ArticleFarmers Hail President
By Munyaradzi Musiiwa Farmers have hailed President Mnangagwa and Government for early delivery of seed maize and farming inputs ahead of the 2018-19 summer cropping. In an interview on the sidelines...
View ArticleBlack Marketers Blamed for Zimbabwe Economic Collapse
By Marcus Mushonga Harare — The Zimbabwean government has threatened to arrest parallel market dealers blamed for the skyrocketing prices of commodities and incessant shortages of cash. Threats come as...
View ArticleZim Economy in Typical Labour Pains
By Caitlin Kamba Some pains are just but a necessary evil and ought to be lived through than avoided if the benefits are to be harnessed in totality. Joys of motherhood come with excruciating pain,...
View ArticleGovt Sets Up $100m Gold Sector Fund
By Africa Moyo Government plans to establish a $100 million gold sector venture fund as it seeks to boost output and build reserves. The fund is designed to assist miners to re-tool so they ramp up...
View ArticlePro-Democracy Activist Challenges Govt’s Punitive Tax
A pro-democracy activist has hauled Finance and Economic Development Minister Mthuli Ncube to court seeking an order to suspend the imposition of a punitive tax on electronic transactions. In an...
View ArticleGlobal growth outlook dims
BENGALURU. – The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the US-China trade war and tightening financial conditions would...
View ArticleZim draws down $200m for Hwange project
Africa Moyo Senior Business Reporter Zimbabwe has drawn down $199 million for the expansion of the Hwange Thermal Power Station (HPS), as the country presses ahead with efforts to ramp up local...
View ArticleFidelity partners School of Mines
Fidelity Printers Business Reporter SOLE gold buyer Fidelity Printers and Refineries Private Limited has partnered with the Zimbabwe School of Mines (ZSM) in Bulawayo to embark on a training programme...
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