Business
NRZ to collect railage charges in foreign currency
THE Reserve Bank of Zimbabwe (RBZ) has authorised the National Railways of Zimbabwe (NRZ) to collect railage charges in foreign currency for exported ...Published: 25 Jan 2020 at 19:55hrs | by Staff Reporter
CBZ Insurance reintroduces international travel insurance
CBZ Insurance has reintroduced its international travel insurance set to benefit policy holders on matters of personal safety, baggage damage and othe...Published: 25 Jan 2020 at 09:16hrs | by Staff Reporter
AirZim receives new Boeing 777 from Malaysia
AIR ZIMBABWE has received a new plane Boeing B777 in a development that is part of the government's ongoing plans to resuscitate the airline. Three mo...Published: 20 Jan 2020 at 16:53hrs | by Staff Reporter
Netone gives birth to Club 373
NetOne has come up with one of the fascinating product for prepaid customers Club 373. It is a content subscription based service coverin...Published: 18 Jan 2020 at 08:34hrs | by Tarisai Mudahondo
'Telecel on the brink of collapse'
WORKERS at mobile network operator Telecel Zimbabwe have raised a red flag over the state of affairs at the company, saying it faces imminent collapse...Published: 17 Jan 2020 at 06:27hrs | by Staff reporter
Month-on-month inflation sheds 0.91%
THE country's month-on-month inflation ended 2019 at 16,55 percent, shedding 0,91 percentage points on the November figure, data from the Zimbabwe Nat...Published: 16 Jan 2020 at 07:27hrs | by Tarisai Mudahondo
Econet embarks on repositioning campaign
Econet Wireless Zimbabwe, the largest mobile network operator in Zimbabwe and the leading provider of digital network services, has embarked on a mark...Published: 14 Jan 2020 at 15:32hrs | by Agencies
National railways seeks forex exemption
THE National Railways of Zimbabwe (NRZ) has approached Government seeking to be allowed to receive payments in foreign currency from exporters t...Published: 13 Jan 2020 at 07:05hrs | by Staff Reporter
ZIMRA rakes $60m from vendors
ABOUT 16 000 Small to Medium Enterprises (SMEs) registered to formalise operations of their businesses last year with the Zimbabwe Revenue Authority (...Published: 12 Jan 2020 at 08:35hrs | by Staff Reporter
NRZ-Chinese deal to move 2 million tonnes of iron ore annually
A CHINESE company has expressed interest in engaging the National Railways of Zimbabwe in a deal that will see over two million tonnes of iron ore bei...Published: 12 Jan 2020 at 08:30hrs | by Staff Reporter
Reserve bank to inject 500m cash into circulation
The Reserve Bank of Zimbabwe (RBZ) plans to inject half a billion new notes and coins into circulation by the first half of this year, according to Fi...Published: 12 Jan 2020 at 08:07hrs | by Dr Masimba Mavaza
World Bank forecast 2,7pc growth for Zimbabwe
The World Bank has forecast Zimbabwe's economy to grow by 2,7 percent this year, a growth that almost tallies with Finance Minister Mthuli Ncube's 202...Published: 10 Jan 2020 at 09:28hrs | by Staff Reporter
Pizza Hut opens second branch in Bulawayo
AMERICAN fast food giant, Pizza Hut has opened a second branch in Bulawayo as the brand continues to focus on growing within the Zimbabwean market. ...Published: 08 Jan 2020 at 07:41hrs | by Staff Reporter
EcoCash tightens grip on mobile transaction volumes
The latest Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) report shows that Ecocash processed 99.7% of the total value of mob...Published: 07 Jan 2020 at 10:55hrs | by Agencies
Traders reject Zimbabwe dollar
While government remains adamant on the use of the local currency, signals on the ground show the Zimbabwe dollar is not popular among traders, includ...Published: 06 Jan 2020 at 14:34hrs | by Staff Reporter
NetOne reclaiming Market Share
The year 2019 has seen mobile telecommunications companies jostle for customers and experience challenge...Published: 05 Jan 2020 at 20:33hrs | by Simbarashe Meandipendaa
Caster Oil vows to end fuel crisis
Oil Castor vowed to end Zimbabwe's fuel crisis encouraging farmers to invest in castor bean farming to generate bio diesel production.Portia M...Published: 04 Jan 2020 at 20:45hrs | by Tarisai Mudahondo
Delta sales fall 48%
Zimbabwe's Delta Corporation, the country's largest drinks maker, reported a 48% fall in half-year lager sales compared with the same period last year...Published: 02 Jan 2020 at 16:05hrs | by Staff Reporter
Econet half-year results reflective of a tough operating environment
Zimbabwe's mobile network giant Econet Wireless Zimbabwe posted a set of results that reflects the impac...Published: 31 Dec 2019 at 16:19hrs | by Agencies
Cassava reports first set of half year results post demerger from Econet
Zimbabwe Stock Exchange Listed entity Cassava Smartech Zimbabwe Limited (CSZL), which has business inter...Published: 31 Dec 2019 at 13:38hrs | by Agencies
Zimbabwe govt warned against printing money
Business leaders have warned government to desist from excessive money printing, as it is negatively affecting real growth.Inflation happens i...Published: 29 Dec 2019 at 11:38hrs | by Staff Reporter
Businesses warned over price hikes
BUSINESSES should exercise restraint when raising prices of goods and services as this frustrates consumption of local products and gives advantage to...Published: 27 Dec 2019 at 09:37hrs | by Staff Reporter
Mthuli Ncube says policy not finance will drive industrialisation
FINANCE and Economic Development Minister, Professor Mthuli Ncube, says revitalising the country's industries is hinged on policy reform and consisten...Published: 23 Dec 2019 at 07:59hrs | by Staff Reporter
First Mutual Funeral Services launched
MEDICAL aid giant First Mutual has launched a funeral service subsidiary, First Mutual Funeral Services, as the firm grows to a diversified group....Published: 22 Dec 2019 at 08:14hrs | by Staff Reporter
Hwange to produce coking coal
Zimbabwe's coal mining sector is set to experience a major boost following the setting up of a US$60 million coking coal plant in Lukhosi, Hwange by a...Published: 21 Dec 2019 at 19:02hrs | by Ashley Kondo
Central bank injects more notes into circulation
The Reserve Bank of Zimbabwe injected an additional $20 million of banknotes into circulation in the last week, with much of it channelled to the Peop...Published: 21 Dec 2019 at 07:37hrs | by Staff Reporter
Zimnat brings relief to Zimbabweans living abroad and locally
Zimnat Life Assurance has announced a funeral plan, Kwedu/Ngekhaya, for Zimbabweans living outside Zimbabwe that enables them to be buried back home i...Published: 20 Dec 2019 at 12:42hrs | by Agencies
VAYA takes to the skies with the launch of VAYA Air Charter
Victoria Falls - December 19, 2019: Cassava On Demand has launched VAYA Air Charter, a service that will allow business and tourist travellers to hire...Published: 19 Dec 2019 at 19:21hrs | by Agencies
Mthuli Ncube to introduce $10, $20 notes
FINANCE minister Mthuli Ncube has hinted to Parliament that he will be introducing higher denominations of $10 and $20 notes in the near future....Published: 18 Dec 2019 at 08:53hrs | by Staff Reporter
Indian investors flock to Zimbabwe
THE new dispensation's rallying call, that Zimbabwe is open for business, has roused the interest of Indian investors amid indications that investment...Published: 15 Dec 2019 at 09:17hrs | by Staff Reporter
Government establishes 3 000 community bakeries
MORE than 3 000 community bakeries have been established in various remote areas in the country as part of Government efforts to increase the producti...Published: 15 Dec 2019 at 09:01hrs | by Staff Reporter
Man in trouble for looting $29K groceries at supermarket
A Bulawayo man is in trouble after he looted groceries worth $29 100 at Reekays Supermarket in the city.Bruce Chafa (27) pleaded guilty to fra...Published: 15 Dec 2019 at 08:56hrs | by Stephen Jakes
New guest house for Bulawayo opened
A new guest lodge has been opened in Bulawayo with a bit cheaper lodging rates than the prevailing prices in many lodges in the city.The guest...Published: 15 Dec 2019 at 08:54hrs | by Stephen Jakes
Zimbabwe starts reaping from Special Economic Zones
THE country has started reaping benefits from its policy of establishing Special Economic Zones (SEZs) as it forges ahead to attract more Foreign Dire...Published: 15 Dec 2019 at 08:00hrs | by Staff Reporter
VAYA unveils Vaya Cross Border and Vaya Intercity services ahead of the festive season
Cassava On Demand's VAYA mobility division has unveiled two new services - VAYA Cross Border and VAYA Intercity - ahead of the busy holiday seas...Published: 12 Dec 2019 at 16:26hrs | by Agencies
Texas Meat Markets officially opens
Texas Meat Markets has officially opened its new branch in Bulawayo.The branch is located at corner 14th and 15th Avenue and is already ...Published: 12 Dec 2019 at 07:29hrs | by Stephen Jakes
How a few common financial mistakes are costing small businesses
Stats and experts reveal that a few common mistakes in financial management are often proving to be heavy for small businesses all around. Some of the...Published: 09 Dec 2019 at 13:00hrs | by Staff Writer
Cryptocurrency Exchange - Here are tips to choose the best
The exchange you must have decided to make use of will greatly determine whether your crypto investment will be profitable or not in the long run. The...Published: 09 Dec 2019 at 10:09hrs | by Staff Writer
Invest in brick molding to capitalise on Lupane development- KRDC
BUSINESS people must take advantage of the developing nature of the Lupane town as a Matabeleland North Provincial Capital by venturing in the vas...Published: 08 Dec 2019 at 11:23hrs | by Stephen Jakes
4 easy ways to transfer money to China
Some of us are blessed to live close to our extended families. However many people live far from family and some are even overseas. If you are someone...Published: 05 Dec 2019 at 09:32hrs | by Staff Writer
Timothy Sykes scam and characteristics required for Penny Stock trading
Timothy Sykes Scam has been the most controversial topic on the internet for quite some time now. If you are in the trading world, there is no ...Published: 01 Dec 2019 at 11:27hrs | by Staff writer
How to conduct a TX, semi-annual roof inspection
A roof is an important part of any home for th...Published: 01 Dec 2019 at 11:22hrs | by Staff writer
Oppenheimer in Zimbabwe for investment opportunities
FORMER Nigerian President Olusegun Obasanjo, who is also the chairman of the Johannesburg-based think tank Brenthurst Foundation, South Africa met wit...Published: 28 Nov 2019 at 16:31hrs | by Staff reporter
Mnangagwa's advisor resigns from top bank
Member of President Emmerson Mnangagwa's Advisory Council Busisa Moyo has resigned from his position as a board member of First Capital Bank. ...Published: 28 Nov 2019 at 13:57hrs | by Mandla Ndlovu
Zimbabwean born Ndlovu takes over as new CIVH CEO in SA
Community Investment Ventures Holdings (CIVH) has announced that Raymond Ndlovu is its new CEO and will lead the company's newly-announced executive t...Published: 28 Nov 2019 at 09:11hrs | by Staff reporter
Airlines bemoan turbulent times in Zimbabwe's transport sector
Board of Airlines Representatives chairperson and Tourism Business Council of Zimbabwe president Winnie Muchanyuka has bemoaned the turbulence being e...Published: 28 Nov 2019 at 06:45hrs | by Staff reporter
Most EcoCash services back to normal
EcoCash says most of its critical services are now stable and back to normal, with customers now able to carry out transactions on the EcoCash platfor...Published: 21 Nov 2019 at 17:03hrs | by Agencies
EcoCash reassures customers
EcoCash has reassured the public that the process of stabilizing its new, more secure platform following a weekend upgrade, is nearly complete but has...Published: 21 Nov 2019 at 08:57hrs | by Agencies
Don't blame Mnangagwa for Mugabe's failures - George Charamba
President Emmerson Mnangagwa's spokesperson George Charamba has said it is funny that some Zimbabweans want to blame his boss for all the country's ec...Published: 18 Nov 2019 at 18:21hrs | by Staff Reporter
EcoCash post upgrade off to bumpy start
Giant mobile phone operator Econet says it has successfully upgraded its Ecocash platform although users are having challenges to transact....Published: 18 Nov 2019 at 18:20hrs | by Staff Reporter
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