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Judiciary in Staff Shortage – CJ

By Daniel Nemukuyu Critical shortage of magistrates is posing a serious threat to the justice delivery system, amid reports that 19 courts have since been closed. At Harare Magistrates Court alone,...

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President Walks Economic Talk

Email By Rufaro Gijima A good leader is one who knows the way, shows the way and goes all the way. Quoting from John Maxwell, “Personal and organisational effectiveness is proportionate to the strength...

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Appetite for Investment in Zim Grows

By Felex Share Zimbabwean business leaders attending the 2018 Africa CEO Forum here say there is a lot of appetite for investment in the country and the planned harmonisation of laws affecting the ease...

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Chinese Firms Seek Clearance On Externalisation

By Sydney Kawadza Chinese nationals, retail and mining companies accused of being part to the externalisation of more than $1,3 billion have approached the Reserve Bank of Zimbabwe to be cleared citing...

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‘Harare Ready for Investment’

Government is continuously reviewing the ease doing business and has initiated reforms to enhance foreign direct investment (FDI), an official has said. Speaking to potential investors in Harare...

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Artificial intelligence to improve insurance value’

ARTIFICIAL intelligence (AI) applications have a potential to improve value chain in the insurance industry as well as automate repetitive processes, boost risk analysis and improve customer...

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Agribank eyes external credit lines

AGRIBANK is in discussions to secure an external line of credit from a foreign institution to bolster its support to the agricultural sector beyond the $105 million allocated this year. BY TATIRA...

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Rules of origin stall AfCFTA

NEGOTIATIONS towards ratifying the African Continental Free Trade Area (AfCFTA) signed by African presidents in Rwanda last week have stalled as some African nations want a stricter ‘rules of origin’...

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RTG eyes 500 listings on its homestay app

RAINBOW Tourism Group (RTG) Limited chief executive officer, Tendai Madziwanyika says the company is targeting 500 home owners, who want to register their properties on their RTG Gateway application...

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Government Minister Says Water, Power Tariffs Too High

A government minister has said Zimbabwean products and services are the most expensive in the region, largely due to high production costs caused by the cost of key utilities. Deputy Finance Minister,...

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Falgold Shuts Down Mine

Zimbabwe Stock Exchange-listed gold producer, Falcon Gold (Falgold), has shut down its Golden Quarries operation in Shurugwi due to working capital challenges. Workers at the mine resorted to job...

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Firm Crocodile Skin Prices Buoy Padenga

By Omega Ukama Crocodile skins and meat marketer, Padenga Holdings, has reported a 53 percent increase in profit after tax for the year ended December 31, 2017, buoyed by firming prices. The group...

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Dawn Properties in U.S.$4 Million Debt

Zimbabwe Stock Exchange listed company, Dawn Properties Limited total debt for the year ended 31 December 2017 stood at US$4.4 million following the construction of the 58 residential cluster units in...

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Mimosa Platinum to Ramp Up Production

Platinum miner, Mimosa, is planning to ramp up output over the next three years to cushion itself against declining ore grade and depressed platinum prices on the international market. Mimosa is...

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Government Bans Multiple Pricing

By Omega Ukama Government has banned multiple pricing by making it an offence to charge different prices for products based on the mode of payment. Captains of industry hailed the move, saying it would...

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Stanbic Bank Records 30 Percent Profit Increase

Stanbic Bank Zimbabwe has shrugged off the prevailing harsh economic environment to post an impressive profit after tax of $27.6 million for the year ended December 2017, a 30% increase from US$21.2...

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Ecocash Steers Zimbabwe Closer to Total Financial Inclusion

Standard Chartered Bank Zimbabwe has re-activated ‘Swipe Into EcoCash’, a feature that allows Ecocash customers who bank with StanChart reactivates ‘Swipe into EcoCash’ The emergency of mobile money...

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Masholds Goes After Axed Bosses

By Ndakaziva Majaka Listed property investment and development firm, Mashonaland Holdings (Masholds), has received the green light from the pensions regulator to recover loans paid to two axed...

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Water Agreement – All You Need to Know

What is a water abstraction agreement? A water abstraction agreement is a contract that any person, entity or organisation who needs a reservation for their use of raw water from Zinwa managed or State...

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Zimbabwe Commissions Chinese-Built Power Plant

Kariba — Zimbabwean President Emmerson Mnangagwa on Wednesday commissioned the 533-million-U.S. dollar Kariba South Hydro Power expansion project, arguably the country’s biggest power development...

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