Columnist / Business
Benefits of doing an indigenious Business
Starting a business indigenously not only has the potential of providing immense economic opportunity but also provides numerous other intangible benefits including community involvement, knowledge ex...Published: 10 Mar 2023 at 07:30hrs | 19 | by Business Reporter
Monthly inflation rate surges to 6,4%
Zimbabwe's month-on-month inflation for October 2021 climbed to 6,4 percent, its highest level since August 2020 when it touched its highest point of 8,4 percent, latest figures from the Zimbabwe Nati...Published: 27 Oct 2021 at 22:14hrs | 17 | by Business Reporter
Zimbabwe's lithium project gathers momentum
The Arcadia Lithium Project (ALP) - which was commissioned early this year - has begun shipments of technical grade bulk samples for product qualification to offtake partners in Europe as the project ...Published: 13 Aug 2021 at 19:10hrs | | by Business reporter
Millers push for wheat bran import ban repeal
Local stock-feed manufacturers have logged an urgent appeal to Government to lift the ban on maize and wheat bran importation, which was effected early this year.In a position letter to the Go...Published: 13 Aug 2021 at 18:33hrs | 3 | by Business reporter
Global Compensation Fund mobilised …despite COVID-19 threatening the process
Government has managed to mobilise funds to pay the former white farm owners (FFOs) as agreed under the Global Compensation Agreement (GCA), despite COVID-19 pandemic slowing down the process....Published: 22 Jul 2021 at 16:04hrs | | by Business Reporter
Top 100 Leaders in Transportation Award adds our very own native Zimbabwean to the great automotive world stage
ZIMBABWEAN serial-entrepreneur, artist and technology aficionado Devine Mafa recently received Global Honors for being a Top 100 World Innovator at the International Transportation and Automotive Summ...Published: 11 Jul 2021 at 13:13hrs | 19 | by Oliver Kazunga Senior Business Reporter
Twitter's decision to ban Trump is a threat to free speech
German Chancellor Angela Merkel has criticised Twitter for blocking US President Donald Trump's Twitter account, arguing that lawmakers rather than private tech companies should decide on the limits t...Published: 12 Jan 2021 at 14:52hrs | 7 | by Thomas Colson , Business Insider US
A currency backed by nothing
On February 25, 1862, United States President Abraham Lincoln signed the Legal Tender Act, a brainchild of Elbridge Spaulding. Those were terrifying times. The republic was at war with itself and woul...Published: 19 Jul 2019 at 07:51hrs | | by eBusiness Weekly
Mthuli Ncube in new attempt to get SA loans
Fresh from being politely denied a bailout by SA's government just a fortnight ago, Zimbabwean finance minister Mthuli Ncube said he had approached private investors in SA to inject funds into his cou...Published: 28 Mar 2019 at 19:57hrs | | by Business Live
Sipho Pityana is a toxic, divisive and vindictive leader
Writing in his so-called personal capacity, Sipho Pityana, the president of Business Unity SA (Busa) and the chairperson of AngloGold Ashanti, tried and failed to derail last week's successful summit ...Published: 10 Mar 2019 at 09:23hrs | | by Sandile Zungu, president of the Black Business Council
Zimbabwe new dumping ground for second hand Chinese chrome smelters
Zimbabwe has become a target for Chinese companies that are looking at dumping second-hand chrome smelters following the promulgation of an environmental law prohibiting use of heavy environmentally u...Published: 14 Feb 2019 at 08:10hrs | | by Business Times
Zimbabwe likely to return some land to white farmers?
The Zimbabwean government is likely to give back some land to white farmers, after a land audit is set to be completed in March.The audit, which is being carried out across the country, seeks ...Published: 11 Feb 2019 at 14:31hrs | | by Business Day
'Zimbabwe to introduce domestic currency'
Zimbabwe will reintroduce domestic currency only when conditions are ripe and critical economic fundamentals are in place since using the US dollar as an anchor currency is now unsustainable, accordin...Published: 08 Feb 2019 at 09:04hrs | 7236 | by Business weekly
UK to block Harare's Commonwealth return
Britain's minister for Africa Harriett Baldwin says her country supports an extension of EU sanctions against Zimbabwe and will not back its plan to return to the Commonwealth.The frosty relat...Published: 06 Feb 2019 at 08:08hrs | | by Business Day
Zimbabwe oil project progress encouraging
Independent oil and gas exploration company, Invictus Energy Limited, says it has made significant progress in its Cabora Bassa Project work programme for the quarter ending December 31,2018. ...Published: 28 Jan 2019 at 10:32hrs | | by Business Weekly.
Chamisa's MDC calls on Cyril Ramaphosa to intervene in Zimbabwe
Zimbabwean opposition official and former finance minister Tendai Biti has urged President Cyril Ramaphosa to intervene in the country's economic and political crisis, which has left three people dead...Published: 16 Jan 2019 at 15:00hrs | | by Business Day
Zimbabwe crisis a warning to SA, says opposition leader
THE crisis in Zimbabwe should serve as a warning to SA that liberation movements still cannot be trusted to deliver, DA leader Mmusi Maimane suggested on Tuesday.Addressing the Cape Town Press...Published: 16 Jan 2019 at 09:28hrs | | by Business Day
Zimbabwe trade deficit drops
Zimbabwe's trade deficit narrowed 37 percent in October last year to $144 million after total exports jumped 25 percent to $449 million largely driven by a 300 percent vault in tobacco shipments, acco...Published: 10 Jan 2019 at 07:39hrs | 256 | by Business Weekly.
Chiwenga's bid to replace striking doctors hits brick wall
Government attempts to hire recently qualified doctors to replace striking medical professionals in Zimbabwe hit a wall as graduates snubbed the state's offer.The country has two medical schoo...Published: 01 Jan 2019 at 11:45hrs | | by Business Day
South Africa-based motor spares firm eyes Zimbabwe market
A South Africa-based motor spares company, Last Power Spares, plans to open a branch in Zimbabwe's capital Harare by first quarter of next year, Business Times has reported.The company, which ...Published: 21 Nov 2018 at 17:15hrs | 1 | by businesstimes
Zimbabwe to cut farm sizes
THE government has started a land audit to cut farm sizes, flush out multiple farm owners and correct some of the mistakes from its chaotic land reform programme.The effort is an attempt by th...Published: 08 Nov 2018 at 19:11hrs | 4092 | by Business Live
RBZ mulls forex interbank market
The directive by the Reserve of Zimbabwe (RBZ) early last month for banks to separate foreign currency accounts (nostros) and Zimbabwe's surrogate currency (bond notes/RTGS) balances, was part of init...Published: 02 Nov 2018 at 06:33hrs | | by Business Weekly
IMF headed for Zimbabwe
An International Monetary Fund (IMF) delegation is expected in the country this Wednesday for the annual Article IV consultations - with discussions likely to focus on monetary and fiscal policy, stat...Published: 02 Nov 2018 at 06:32hrs | | by Business Weekly
Zimbabweans can expect a big increase in their UK visa fees
The UK government recently announced a proposed increase to the Immigration Health Surcharge fee.Introduced in 2015, the Immigration Health Surcharge (IHS) allows non-EU nationals who have mov...Published: 27 Oct 2018 at 09:29hrs | 1725 | by BusinessTech
South African women spending up to R100K to make their bums bigger
The rise of social media - and Kim Kardashian - has led to a surge in South African women getting so-called "Brazilian butt lifts", says doctor Dirk Lazarus, a plastic surgeon in Cape Town. Th...Published: 17 Oct 2018 at 07:42hrs | 1 | by businessinsider
Mnangagwa threatens foreign currency dealers
Zimbabwean President, Emerson Mnangagwa, has described parallel market currency dealers as a national security threat, warning that his administration will take drastic measures against such t...Published: 15 Oct 2018 at 14:00hrs | | by Business Report
Durex recalling faulty condoms
Durex South Africa is "assessing the situation" on its Real Feel condoms after batches were recalled in Germany, Britain and Singapore over "burst pressure" issues."There is no safety concern ...Published: 09 Aug 2018 at 08:30hrs | | by businessinsider
Ramaphosa loyalists take over SARS
Changes in the South African Revenue Service top leadership were announced internally on Thursday, with two loyalists to suspended commissioner Tom Moyane shifted out of key posts and a new head of th...Published: 05 Jul 2018 at 15:09hrs | | by businesslive
'The voice of the people is the voice of God'
At Zanu-PF's headquarters and in Harare's central business district, the signs of the deep pockets of the ruling party are on full display.A large banner in the green and yellow colours of Zan...Published: 09 May 2018 at 16:15hrs | | by BusinessDay / Ray Ndlovu
Big companies turned down Mnangagwa amnesty
The Zimbabwean government accused auditing firm Ernst and Young, Unilever South East Africa and Boc Gases Zimbabwe of externalising $35000 (R418070), $315000 and $55000 respectively.The compan...Published: 22 Mar 2018 at 09:20hrs | | by Business Report
Foreign investors expected for Harare mining indaba
International investors will get a chance to consider the vast investment opportunities in Zimbabwe's growing mining sector at a mining indaba to be held from 27 to 28 February 2018 at The Meikles Hot...Published: 22 Feb 2018 at 07:10hrs | | by Business Correspondent
Obert Mpofu cleared, he is not corrupt
The Zimbabwe Anti - Corruption Commission (Zacc) has concluded investigations into allegations of corruption against three Cabinet Ministers and cleared them of any wrongdoing as the informants in all...Published: 16 Feb 2018 at 08:52hrs | | by Business Weekly
Chivayo braces for bruising wrangle
A potentially bruising legal wrangle is brewing between Intratrek Zimbabwe managing director Wicknell Chivayo and fellow shareholder, Yusuf Ahmed, over ownership of the company, with the latter claimi...Published: 16 Feb 2018 at 08:47hrs | 1 | by Business Weekly
Over 20 homes destroyed by hailstorm
THE Civil Protection Unit is on high alert for any disasters including floods this rainy season and Government has since released $1,2 million for any eventualities.This comes as more than...Published: 04 Jan 2018 at 07:30hrs | 1210 | by Business Reporter
Time Bank re-opens on Monday
Time Bank of Zimbabwe, one of only four remaining indigenous banks will finally open its doors to the public on Monday next week after over a decade of dormancy and running court battles.The c...Published: 04 Jan 2018 at 07:20hrs | 2767 | by Business Reporter
EMA calls for sustainable agric, mining
The Environmental Management Agency (EMA) is ready to work with the mining and agriculture sectors to quicken the country's economic turnaround. The new Government has placed economic growth high on i...Published: 31 Dec 2017 at 08:08hrs | | by Business Reporter
Fastjet launches new fare products for business and leisure travel
Fastjet customers can now select between two affordable fare products, designed to suit both the business and leisure traveler. This initiative forms part of fastjet's greater customer service enhance...Published: 26 Oct 2017 at 07:44hrs | | by Business Reporter
Zimbabweans consume more beer despite economic crunch
Zimbabweans are consuming more beer despite a biting economic crunch, with Delta Corporation - the associate unit of AB InBev - this week saying that lager beer volumes for the half year to June went ...Published: 16 Oct 2017 at 07:22hrs | | by Business Report
Durawall company launches new pre-stressed steel concrete panel
Dura World the leading construction company which specialises in precast walls/durawalls and precast houses have done it again. Dura World successfully launched a new type of precast panel which is ca...Published: 07 Mar 2017 at 16:44hrs | 2116 | by Business Reporter
Matabeleland mines scoop top awards
The Ministry of Mines and Mining Development in collaboration with the Reserve Bank of Zimbabwe (RBZ) recently held the inaugural Gold Sector Awards in Harare.The awards which ran under the th...Published: 30 Jan 2017 at 09:44hrs | 2 | by Business Reporter
Strive Masiyiwa builds broadcast empire to challenge MultiChoice
Econet Group is building a broadcasting empire that could challenge MultiChoice's dominance in the payTV market across the continent.In less than two years, Econet Media, a subsidiary of Econe...Published: 10 Jan 2017 at 12:38hrs | 4560 | by Thabiso Mochiko - BusinessDayLive
Say Hello to Dubai with a special fare offer from Emirates, up to 45% off
HARARE - Emirates, voted the World's Best Airline in the 2016 Skytrax World Airline Awards, is offering Zimbabwe customers up to 45 per cent off return airfares for a limited period to Dubai, one of t...Published: 24 Oct 2016 at 09:00hrs | | by Business Reporter
Investment summit on Zimbabwe to be held in Johannesburg
The 2nd Financial Markets Indaba, an investment summit on Zimbabwe is taking place on the 27th of October 2016 at the Hilton Hotel in Sandton, Johannesburg.With +20 C-suite speakers from South...Published: 17 Oct 2016 at 08:38hrs | | by Business Reporter
Emirates SkyCargo launches freighter service to Oslo
DUBAI - Emirates SkyCargo, the world's largest international cargo airline, is expanding its presence in Scandinavia with the launch of a new weekly freighter service from Oslo to Dubai starting 11 Oc...Published: 12 Oct 2016 at 07:47hrs | | by Business Reporter
Bond notes introduction in false start
The Reserve Bank of Zimbabwe (RBZ) has reportedly moved the introduction of controversial bond notes to November.The bonds notes where initially set for October but as of last week, ther...Published: 06 Oct 2016 at 07:20hrs | | by Business Reporter
PPC threatened to shutdown Collen Bawn mine in Zimbabwe
LOCAL cement producers have warned of possible scaling down of operations and closures owing to an influx of cheap imported products from the region, saying protectionist measures could save the indus...Published: 29 Sep 2016 at 14:42hrs | | by Business reporter
Zimbabwe adopts rand
PLAYERS in the local tourism industry have resolved to adopt a "rand-based" pricing system to cushion their businesses from the prevailing cash crisis. In the context of weakening regional currencies,...Published: 13 Sep 2016 at 16:02hrs | | by Business Reporters
Zimbabwe govt to knock down mining fees
Treasury will soon engage the Ministry of Mines and Mining Development for a further downward review of mining fees. Presenting the Mid-Term Fiscal Policy last week, Finance and Economic Developme...Published: 11 Sep 2016 at 23:47hrs | | by Business Reporter
Ecocash transacts $16bn in 4 years
ECONET Wireless Zimbabwe's mobile financial service platform - Ecocash has transacted over $16 billion in the last four years.According to the group's latest annual report, the mobile money pl...Published: 29 Aug 2016 at 06:51hrs | | by Business Reporter
Intertoll collects $56 million from nine tollgates
INTERTOLL Zimbabwe has collected $56 million from the nine tollgates it operates on the rehabilitated Plumtree-Mutare highway on behalf of Zimbabwe National Roads Authority (Zinara) over the past ...Published: 16 Aug 2016 at 07:08hrs | 806 | by Business Reporter.
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