Business
Mthuli Ncube says Zimbabwe economy will stabilise, price shocks are transitory
Finance and Economic Development Minister Professor Mthuli Ncube has said the price shocks that were recently experienced by the market are temporary ...Published: 14 Oct 2018 at 08:12hrs | by Staff Reporter
Retailers rip off panic-stricken consumers
Retailers reportedly ripped off panic-stricken consumers by arbitrarily hiking the cost of basic commodities despite getting supplies from manufacture...Published: 14 Oct 2018 at 08:08hrs | by Staff Reporter
First Mutual engaging Finance Minister for allocation of foreign currency
First Mutual Health Care has said it is engaging Finance minister Mthuli Ncube for the allocation of foreign currency to healthcare service prov...Published: 12 Oct 2018 at 07:30hrs | by Stephen Jakes
Mthuli Ncube secures backing of IMF and World Bank
Today the Zimbabwe government led by the Minister of Finance and Economic Development, Hon. Prof. Mthuli Ncube held a crucial meeting with co-operatin...Published: 10 Oct 2018 at 16:10hrs | by Agencies
British Airways no longer accepting RTGS payments, only accepting credit cards
British Airways has temporarily limited the distribution of ticketing authority meaning that the airline has stopped accepting real-time gross settlem...Published: 09 Oct 2018 at 10:50hrs | by Sithabile Mafu
Finance Minister cannot change Act Of Parlimanet via ministerial statement
Parliamentary, legal and civil rights watchdog, Veritas, has said that the 2 percent tax on money transfers which was announced by Finance Minister Mt...Published: 05 Oct 2018 at 09:12hrs | by Sithabile Mafu
PHOTOS: Mthuli Ncube continues listening & consulting roadshow meeting with SMEs
Minister of Finance continues listening and consulting roadshow meeting today with 50 Small & Medium Enterprises (SME) Minister of F...Published: 04 Oct 2018 at 13:12hrs | by Agencies
Zimbabwe's 25 Largest Corporates by Revenue (2017)
Zimbabwe's Largest 25 companies by revenue...Published: 02 Oct 2018 at 10:15hrs | by Staff Reporter
Acute foreign currency shortage erodes RioZim earnings
RESOURCES group RioZim Limited's profit after tax dropped by 86% to $406 000 in the six months to June 30, from $2,9 million last year, despite higher...Published: 02 Oct 2018 at 09:37hrs | by Staff Reporter
Govt de-dollarises economy, bond notes bounce back
GOVERNMENT has technically de-dollarised the economy by reintroducing local currency bank accounts, which will be traded in electronic transfers and b...Published: 02 Oct 2018 at 09:28hrs | by Staff Reporter
New taxes for transferring funds are simply ridiculous
Finance Minister Mthuli Ncube delivered some sombre news at the Monetary Policy Statement. From charging 5c per transfer transaction the government wi...Published: 02 Oct 2018 at 07:13hrs | by Stephen Jakes
Mthuli Ncube statement on proposed fiscal reforms to bring Zimbabwe finances under control
Minister of Finance Mthuli Ncube Statement on Proposed Fiscal Reforms to bring Zimbabwe finances under control ...Published: 01 Oct 2018 at 16:32hrs | by Staff Reporter
Ingwebu looks to go national
BULAWAYO brewer, Ingwebu Breweries is seeking to expand beyond the southern parts of the country while it also fortifies its present markets as part o...Published: 30 Sep 2018 at 19:13hrs | by Staff reporter
Mliswa mocks Kasukuwere after his arrest
Independent candidate for Norton Temba Mliswa has mocked former Cabinet minister Saviour Kasukuwere after his arrest for abuse of office and has quest...Published: 29 Sep 2018 at 12:26hrs | by Simbarashe Sithole
Aiden Mhere declared Chartered Secretary of the Year
Hippo Valley Estates acting chief executive officer, Aiden Mhere, has been declared the 2017 Chartered Secretary of the Year. The runner-up is Posts a...Published: 29 Sep 2018 at 12:23hrs | by Agencies
RioZim gold output up 18%
RioZim posted a revenue growth of 17 per cent in the six months to June owing to increased gold production from Dalny, Cam and Motor and Renco Mines s...Published: 28 Sep 2018 at 06:43hrs | by Views Matopo
Greg Fishman, the Mind Behind Solving Your Debt Relief Problems in Boca Raton
Greg Fishman is a man with great ideas, and his mission is to help consumers achieve financial freedom, even after being crippled and reduced to almos...Published: 26 Sep 2018 at 12:54hrs | by Staff Reporter
Accessing alarm system remotely enhances home or office security
It is now possible to use a smart phone to activate and control one's security alarm system from anywhere, provided the phone has an internet connecti...Published: 25 Sep 2018 at 09:32hrs | by Agencies
Government approves $400m 5-year diamond mining project
The government has approved a US$400 million five year diamond mining project to increase the value of returns in the capital intensive but viable ind...Published: 24 Sep 2018 at 18:21hrs | by Staff Reporter
Zimbabwe's currency options
IT goes without saying that pursuant to the adoption of the multi-currency system in Zimbabwe in January 2009 until about 2015, one could withdraw up ...Published: 24 Sep 2018 at 07:28hrs | by Colls Ndlovu, Economist
Giant stationery Manufacturer Re-Opens But...
The giant stationary manufacturer Marvo is set to re open next week on Monday.Workers who were stopped working some time ago said they were to...Published: 20 Sep 2018 at 06:55hrs | by Stephen Jakes
Telecel gives away over $30 000 worth of cash prizes
Mobile Operator Telecel Zimbabwe gave away over $30 000 worth of cash prizes for the ongoing Cash Galore promotion, Check and Win promotion as well as...Published: 17 Sep 2018 at 15:58hrs | by Agencies
Bulawayo's Haddon & Sly supermarket shuts down shop
One of Bulawayo's leading giant supermarkets, Haddon and Sly Supermarket has reportedly closed due to operational challenges.According to the ...Published: 17 Sep 2018 at 14:28hrs | by Staff Reporter
Old Mutual opens eighth one-stop-shop branch in Chinhoyi
Chinhoyi, Zimbabwe - One of Zimbabwe's largest financial service companies, Old Mutual, today opened their eighth one-stop-shop branch in Chinhoyi to ...Published: 17 Sep 2018 at 12:28hrs | by Agencies
Workforce experiences to match customer experiences: the next frontier for telco success
Since GSM was first demonstrated in Cape Town in 1993 and the first GSM networks launched the next year, the telco industry has fundamentally transfor...Published: 17 Sep 2018 at 12:16hrs | by Mariam Abdullahi, Telco Industry Lead at SAP Africa
How ZIMRA calculates duty on imported clothing items and shoes
Any person who imports items of clothing and shoes is required to make a declaration of the nature, quantity and value of the items. ZIMRA ...Published: 16 Sep 2018 at 07:55hrs | by ZIMRA
Zimbabwe's future is bright, says Mangudya
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says the economy has performed well under difficult circumstances and the future is bright, p...Published: 16 Sep 2018 at 07:22hrs | by Staff Reporter
Air Zimbabwe sued over debt
SAFEGUARD Security Services (Pvt) Ltd, has petitioned the High Court seeking an order to compel Air Zimbabwe to settle a $47 164 debt for security ser...Published: 15 Sep 2018 at 09:05hrs | by Staff Reporter
Zimnat launches innovative billboard campaign
Zimnat has launched an innovative advertising campaign to let people know some of the ways in which it can make their life better, through the custome...Published: 13 Sep 2018 at 13:09hrs | by Agencies
Shipping goods to Zimbabwe from UK - October shipment collections start this weekend
This is a sponsored Post Shipping goods to Zimbabwe from the UK has never been so easy and so cheap....Published: 13 Sep 2018 at 07:06hrs | by Agencies
The impacts of Credit Card Debt on the Economy
Consumer spending is the main driver of economic growth and citizens sometimes borrow to spend. While debt isn't a bad thing, the economy becomes unsu...Published: 11 Sep 2018 at 10:14hrs | by Agencies
Safeguard introduces attractive steel sectional garage doors
Safeguard Security has introduced to the Zimbabwean market steel fluted sectional garage doors, which are not only secure but aesthetically pleasing t...Published: 10 Sep 2018 at 18:30hrs | by Agencies
'Africa is the place to be,' African Development Bank President tells China
The President of the African Development Bank, Akinwumi Adesina, has urged Chinese business leaders to attend the Africa Investment Forum scheduled to...Published: 06 Sep 2018 at 07:29hrs | by Staff Reporter
Zimbabwe requires US$2bn to ease liquidity challenges, says Mangudya
The Reserve Bank of Zimbabwe (RBZ) says Zimbabwe requires about US$2 billion to kick start the economy and ease the current foreign currency challenge...Published: 04 Sep 2018 at 12:49hrs | by Staff Reporter
ZBC makes new appointments
The Zimbabwe Broadcasting Corporation (ZBC) has made new appointments as follows:...Published: 04 Sep 2018 at 06:38hrs | by Staff Reporter
Water woes stall Steel Makers' re-opening
THE prevailing water shortage in Masvingo has stalled the re-opening of Steel Makers Sponge Iron plant. Masvingo city has been battling a serious wate...Published: 04 Sep 2018 at 06:27hrs | by Staff reporter
Stanbic calls for economic reforms
STANBIC Bank (Stanbic) has called for currency reforms and measures to support industrial growth, foreign currency generation and price stability in o...Published: 03 Sep 2018 at 06:32hrs | by Staff reporter
NMBZ records half-year profit before tax of $11,8 million
NMBZ Holdings, NMB Bank's holding company, recorded a profit before tax of $11 757 594 for the half-year ended June 30, 2018, resulting in total compr...Published: 28 Aug 2018 at 16:19hrs | by Agencies
Zimra descends on tax defaulters
THE Zimbabwe Revenue Authority (Zimra) has launched an operation targeting companies and individuals that have defaulted on their tax obligations. ...Published: 28 Aug 2018 at 09:13hrs | by Staff Reporter
NRZ defends Transnet deal
National Railways of Zimbabwe (NRZ) has allayed fears that it might have entered into a questionable deal with Transnet, following the issuing of susp...Published: 27 Aug 2018 at 13:04hrs | by Staff Report
SAA & SAX merger - two losses don't make a profit
Is the proposed merger between loss making South African Airways (SAA) and SA Express (SAX) a marriage made in hell brokered by SA banks?Accor...Published: 27 Aug 2018 at 06:14hrs | by FMF
Baker's Inn to sink $20million into bread production
CONFECTIONERY giant, Baker's Inn, will invest over $20 million towards putting up additional plants at its Bulawayo and Harare factories next year as ...Published: 26 Aug 2018 at 11:00hrs | by Staff Reporter
Telecel launches new weekly data bundles
Mobile Network Operator Telecel Zimbabwe, which is reputed for leading the market in giving subscribers best value for money has done it again and ann...Published: 24 Aug 2018 at 09:10hrs | by Agencies
Old Mutual investment returns on listed equities down
Old Mutual Zimbabwe (Old Mutual) has reported that profit after tax tumbled 40% to $53,9 million in the first half of 2018 from $89,3 million in the c...Published: 23 Aug 2018 at 06:46hrs | by Staff reporter
Old Mutual half year operating profit up 27%
Old Mutual Zimbabwe's Group CEO has announced, during the company's half-year analyst briefing, an operating profit of $34.3 million representing ...Published: 21 Aug 2018 at 16:00hrs | by Agencies
Old Mutual repositions its brand and readies for growth
Following its primary listing on the Johannesburg Stock Exchange (JSE), and secondary relisting on the Zimbabwe Stock Exchange in June 2018, Old Mutua...Published: 21 Aug 2018 at 15:52hrs | by Agencies
Simbisa to expand Nando's footprint countrywide
Simbisa Brands, a Zimbabwe Stock Exchange-isted (ZSE) fast foods operator, is on drive to expand the footprint of the Nando's brand to meet growing de...Published: 21 Aug 2018 at 06:53hrs | by Staff reporter
Moti Group, ZMM deal to boost chrome output
Chrome output by small-scale producers is projected to hit one million tonnes, a triple jump from 200 000 tonnes at present, under a funding deal with...Published: 19 Aug 2018 at 06:51hrs | by Staff reporter
Steward Bank launches revolutionary app called Square World
Steward Bank Zimbabwe has launched a Housing Development Scheme and Mobile Banking Application targeted at Zimbabweans living abroad.The mortg...Published: 15 Aug 2018 at 07:41hrs | by Agencies
UBM shuts down after 50 years
United Builders Merchants (UBM) has shut down after operating in Zimbabwe for the past 50 years.According to employees who spoke to the Daily ...Published: 15 Aug 2018 at 07:35hrs | by Staff reporter
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