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Govt sets up $18mln facility for Bulawayo firms

HARARE, April 24 (The Source) – Government has set up a $18 million facility to capacitate three Bulawayo companies to produce mining equipment, Industry and Commerce Minister Mike Bimha said on...

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Vast Resources says Q1 gold production up at Pickstone-Peerless mine

HARARE, April 24 (The Source) – London-listed junior miner Vast Resources on Monday said production at its Pickstone-Peerless Gold mine in Zimbabwe grew to 2,974 ounces compared to 2,808oz over the...

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Unki Q1 platinum output up

HARARE, April 24 (The Source) – World platinum top producer Anglo American Platinum (Amplats) says production at its Zimbabwe unit near Shurugwi went up 2 percent to 18,900 ounces in the quarter to...

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Bakers mull bread price increase

Dr Mangudya Conrad Mwanawashe Business Reporter BAKERS have hinted on an increase in the price of bread and other flour products following a rise in the prices of bread flour of between 10-25 percent...

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#Zimbabwe has a large capacity for renewable energy investment – Josh...

Josh Chifamba CEO of ZESA Holdings With an average of 320 days of sunlight a year and vast amounts of wind, Zimbabwe provides the perfect haven for renewable energy investment and development After a...

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Starting a mobile phone repair business

Robert Ndlovu LAST week I had an opportunity to visit a reputable mobile phone service centre in Harare and yes it was quite a revelation. Having spent more of my working career around software,...

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Feasibility study on ZPC solar project complete

Harare Bureau ZTE Corporation has completed the feasibility study for Zimbabwe Power Company’s Insukamini solar project amid indications that it was also finalising the application for a concessionary...

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Slice Pizzeria plans to expand operations

Kiyapili Sibanda, Business Reporter SLICE Pizzeria, a local fast food outlet, has bought new grilling machinery and plans to expand its operations in and outside Bulawayo. The outlet’s business...

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Tobacco exports up 14 percent

VOLUMES of tobacco, which has been exported so far now stands at 42.5 million kg, a 14 percent rise from those exported in the corresponding period last year, statistics released by the Tobacco...

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Proton increases Byo workforce

Mr Collen Mathaga Kiyapili Sibanda, Business Reporter PROTON Bakers has increased its workforce in Bulawayo to 50 from an initial 35 and plans to recruit more as the business grows. Management says...

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Zimpost eyes 5 percent market share

Kiyapili Sibanda, Business Reporter POSTAL and courier service provider Zimpost has set a target of snapping five percent market share this year through its Zipcash electronic money transfer platform....

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Bond notes not solution to Zimbabwe’s woes: IMF

THE International Monetary Fund (IMF) says Zimbabwe requires a comprehensive policy package to retrieve the economy from the woods, instead of seeking salvation in bond notes. BY BUSINESS REPORTER IMF...

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RBZ to clear foreign payments backlog by year end

The Reserve Bank of Zimbabwe (RBZ) expects to clear the backlog of foreign payments by year-end amid revelations that 80% of the unsettled transactions cover products at the top of the import priority...

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Tetrad Bank expunges balance sheet, eyes investors

Presently defunct financial institution, Tetrad Investment Bank (TIB), is looking to revive operations after a scheme of arrangement that tidied its balance sheet was approved recently. The new scheme...

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Miners commend govt policy

Government has been commended for providing Zimbabweans with the opportunity to participate in the mining sector and contribute to the economic development of the country. When the Mines and Minerals...

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Telecel re-introduces MegaBonus

Mrs Vere Business Reporter Telecel Zimbabwe has re-introduced the MegaBonus promotion which allows the company’s pre-paid subscribers to make local calls across all networks for double the value of...

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Relationship between education and financial inclusion

Financial education is the process of building knowledge, skills and attitudes to become financially literate. It is meant to educate people on good money management practices with respect to earning,...

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Africom exhibits at ZITF 2017

Africom in exhibition Africom will be in the City of Kings displaying its wares during the annual Zimbabwe International Trade Fair exhibit. Visitors are encouraged to visit the Africom stand, where...

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Bread prices to remain unchanged . . . as RBZ moves to clear outstanding...

Conrad Mwanawashe Business Reporter A breakthrough has been reached between millers and the Reserve Bank of Zimbabwe which effectively quashed a looming increase in the price of bread and other flour...

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Broke Air #Zimbabwe issues handwritten plane tickets using pen

Broke Air #Zimbabwe issues handwritten plane tickets using pen The post Broke Air #Zimbabwe issues handwritten plane tickets using pen appeared first on Zimbabwe Today.

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