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Arda to launch pecan nut project near Bulawayo

Martin Kadzere Senior Business Reporter The Agriculture and Rural Development Authority (Arda) will soon launch a pecan nut project near Bulawayo, as it embarks on production of the high value...

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ED, Xi Elevate Relations

By Victoria Ruzvidzo President Mnangagwa met his Chinese counterpart Xi Jinping at the Great Hall of the People here yesterday as Zimbabwe and China elevated their relations to a more comprehensive and...

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Lafarge Cement Stocking Patterns Affected By Heavy Rainfall

Lafarge Cement Zimbabwe Limited has reported that heavy rainfall adversely affected their cement stocking patterns while partially contributing a four percent decline in full year sales to US$58.48...

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Trade Facilitation Pact to Enhance Economic Growth

By Retlaw Matatu Matorwa Zimbabwe launched a five-year Trade Facilitation Roadmap initiative, a move that seeks to complement ongoing efforts towards the ratification of the World Trade...

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Riozim to Explore for Diamonds

By Taurai Mangudhla Zimbabwe Stock Exchange-listed miner RioZim expects to start exploration for diamonds this month on its 3 000-hectare piece of land in Chivi, as the group eyes expansion. Chief...

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Call for Resolution of Arcturus Mine Evictions

The Zimbabwe Human Rights Association (ZimRights) notes with profound disturbance the eviction of workers from residences at Arcturus Mine by owners. The development has left whole families, including...

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Agribank NPLs Decline

Non performing loans (NPLs) at agricultural lender, Agribank, declined to 13,8 percent during the year ended December 31, 2017, after ending at 21,1 percent during the prior comparable period in 2016,...

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Road Motor Services Seeks Investors

By Tinashe Makichi State-owned logistics firm Road Motor Services (RMS) has invited interested investors to submit financial proposals to lease and develop approximately 10 000 square metres of cargo...

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Gold Miners Sue Grace for $100k

By Daniel Nemukuyu Former First Lady Mrs Grace Mugabe has been slapped with a $100 000 lawsuit for allegedly labelling two gold miners in Mazowe as illegal miners and thieves. Mr Shepherd Nyazvigo and...

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15 000ha lost to army worm

Golden Sibanda Senior Business Reporter Zimbabwe has lost an estimated 15 000 hectares of crops through destruction by the ravenous fall army worm (FAW), while two million birds were culled in...

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Toyota Zim launches new premises,vehicle brands

Tinashe Makichi Motoring Toyota Zimbabwe had a four-part celebration that included opening of new premises in Msasa, introduction of the new general diesel engine Hilux and a Fortuner. The celebrations...

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Ecobank secures $100m lines of credit

ECOBANK Zimbabwe managed to secure over $100 million in lines of credit from group associates last year for onlending towards the importation of fuel, fertilisers, mining equipment and edible oils raw...

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Pote scoops Megafest Businessman of year award

Zvishavane-based Pote Holdings is consolidating its position as one of the country’s fastest growing businesses by registering its footprint in different sectors of the economy. The diversified company...

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Lifeline for funeral assurance firms

The Insurance and Pension Commission has thrown a lifeline to funeral assurance firms failing to meet the $2,5 million minimum capital requirements by allowing struggling entities to comply with the...

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Perception management critical to tourism development

Ever since Zimbabwe’s new political dispensation came into effect late last year, one critical factor has prominently appeared in the international discourse – perception! Tourism is the harbinger of...

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Zinwa launches pay, update and win promotion

The Zimbabwe National Water Authority (Zinwa) has embarked on an exercise to collect personal details for its clients as it moves to bring more convenience and customised services to its clients. This...

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United States senators arrive in Zimbabwe

United States senators arrive in Zimbabwe     Senator Flake Daniel Nemukuyu Senior Reporter Two United States of America senators, Messrs Jeff Flake and Chris Coons — who were involved in the drafting...

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Govt Signs $1,2bn Tourism Investment Deal

By Isdore Guvamombe President Mnangagwa yesterday witnessed the signing of a Memorandum of Understanding that will unlock $1,2 billion worth of investments into the tourism and hospitality industry...

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Unicef Assesses Doctors’ Strike

By Paidamoyo Chipunza More than half of patients who visited the five referral health institutions during the month-long junior doctors strike found no doctor in attendance, a recent electronic survey...

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Miners Want Incentives for Processing Not Levies

By Livingstone Marufu Mining firms want Government to offer beneficiation incentives to fast track economic turnaround through rapid value addition of minerals, stimulation of industrialisation,...

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