Clik here to view.
Government seeks US$300m for diamond mining
By Staff Reporter Minister of Mines, Walter Chidhakwa ZIMBABWE Consolidated Diamond Company (ZCDC) is courting investors for US$300 million to boost its operations, dogged by the depletion of alluvial...
View ArticleClik here to view.
Temba Mliswa to lead ZPF?
By Staff Reporter Temba Mliswa in a quandary TEMBA Mliswa faces major headaches in the event that he is accepted to lead a faction of the Zimbabwe People First (ZPF) party. The country’s laws do not...
View ArticleClik here to view.
Pick n Pay to increase Zim footprint to 65 stores
HARARE – South African-headquartered retailer Pick n Pay says it plans to open two more supermarkets in the country this year, and eventually grow its aggregate to around 65 supermarkets going...
View ArticleClik here to view.
Local bourse back in the red
HARARE – The mainstream industrial index retreated by 0.57 to close at 135.25 in mixed trading. Leading the losers was seed producer SeedCo, which fell by $0, 0125 to close at $0, 9775 and telecoms...
View ArticleClik here to view.
Zimplats bounces back to profitability
HARARE – The country’s largest platinum producer, Zimbabwe Platinum Holdings, bounced back to profitability in the half-year to December 31, 2016 after posting a profit-after-tax $16, 2 million...
View ArticleClik here to view.
Mujuru slapped with $5m lawsuit
Joice Mujuru Fidelis Munyoro Chief Court Reporter Zimbabwe People First leader Dr Joice Mujuru has been hit with a $5 million lawsuit by her former allies, Messrs Didymus Mutasa and Rugare Gumbo, over...
View ArticleClik here to view.
Cabinet boost for power projects
Minister Chinamasa Golden Sibanda Senior Business Reporter CABINET, through the Ministry of Finance and Economic Development, has accorded prescribed asset status to financial instruments that have...
View ArticleZim to benefit from livestock production
Sydney Kawadza in EZULWINI, Swaziland Rural farmers in Zimbabwe and the whole of Southern Africa are set to receive a major boost in their livestock production through the expected launch of the beef...
View ArticleBody proposes construction of Zim Silicon Valley
Business Reporter Zimbabwe Information and Communication Technologies has put forward a request for 200 hectares of land to develop a Zimbabwean Silicon Valley at the new town centre in Mount Hampden...
View ArticleClik here to view.
Businessman refuses to pay Gono for supplied chickens
A LOCAL businessman, Chester Mhende, who was last year taken to court by former Reserve Bank of Zimbabwe (RBZ) governor, Gideon Gono’s Lunar Chickens (Pvt) Ltd, over a $104 000 debt, says he will not...
View ArticleClik here to view.
Maize producer price unchanged
Oliver Kazunga, Senior Business Reporter AGRICULTURE, Mechanisation and Irrigation Development Minister Dr Joseph Made says the maize and small grains producer price for this year will remain...
View ArticleClik here to view.
Govt secures SMEs funding
Minister Sithembiso Nyoni Leonard Ncube in Victoria Falls THE Government has secured additional funding from two development partners to be channelled towards supporting growth of micro-small to...
View ArticleClik here to view.
Farmers prepare for tobacco deliveries
Oliver Kazunga, Senior Business Reporter TOBACCO farmers will start delivering their crop at the auction floors early next month before the opening of the selling season on March 15, an official has...
View ArticleAirzim cries foul over Emirates
Lloyd Gumbo Senior Reporter Air Zimbabwe says it is opposed to the granting of licences to foreign airlines such as Emirates to carry passengers between Harare and Lusaka, saying such a move...
View ArticleClik here to view.
Reduce maize producer price: Irvine
Irvine’s Zimbabwe (Private) Limited chief executive David Irvine (right) explains to Industry and Commerce Minister Mike Bimha the feed production process during a tour of the company’s plant in...
View ArticleEconet adamant on infrastructure sharing
Business Reporter ECONET Wireless has insisted that it does not agree to compulsory sharing of telecoms infrastructure, despite recent statutory regulations drafted to enforce the requirement. The...
View ArticleZimplats revenue jumps 16 percent
Business Reporter The country’s biggest platinum miner, Zimplats recorded a 16 percent jump in revenue in the half year to December 31, 2016 due to increase in metal prices and higher sales volumes....
View ArticleTips on purchasing a motoring fleet
Tinashe Makichi Motoring Correspondent After a difficult year, car companies are cautiously optimistic on reports that new vehicle sales were up year on year for the month of January. The growth was...
View ArticleSadc needs $100bn to recapitalise railways
Business Reporter SOUTHERN African Railways Association says Sadc countries need an estimated $100 billion to recapitalise the North-South Corridor to enhance intra-regional trade and integration. The...
View ArticleClik here to view.
Industrials down 1, 56pc week-on-week
HARARE – The ZSE’s mainstream industrial index weakened 1, 56 percent from the previous week, closing at 134.83 following a 0.42 loss. Giant insurer Old Mutual shed $0, 0500 to trade at $3, 4500 while...
View Article