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PRAZ cracks whip on errant companies

The Procurement Regulatory Authority of Zimbabwe (PRAZ) has handled 53 cases involving companies found to have flouted procurement procedures, with one company permanently barred from participating in any public bidding process.Speaking at…

Published: 11 Sep 2025 at 10:47hrs | 24 | by Staff reporter

Shell companies siphon US$450m from Zimbabwe, SA

A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion in combined annual losses to the two cou…

Published: 15 Aug 2025 at 14:22hrs | 537 | by Staff reporter

Govt finalises mining cadastre rollout

The Zimbabwean government is set to modernise the country's mining sector through the final rollout of a digital mining cadastre system aimed at improving transparency, accuracy, and efficiency in mining title management.Effective from Jul…

Published: 10 Jul 2025 at 09:09hrs | 189 | by Staff reporter

Companies reel under crippling costs, regulatory chaos

Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconomic instability are putting many compani…

Published: 10 Jul 2025 at 09:08hrs | 254 | by Staff reporter

Seed firms crippled by Zimbabwe govt debt

Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming seasons.The debt, stemming from flagship s…

Published: 22 May 2025 at 11:36hrs | 224 | by Staff reporter

Zimbabwean companies descend on the London Stock Exchange

Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market capitalisation of US$3.6 trillion - for a …

Published: 19 Apr 2023 at 20:39hrs | 6 | by Staff reporter

Zimra gridlocks ground companies

THE Zimbabwe Revenue Authority (Zimra)'s e-filing system has been overwhelmed since December last year, triggering serious gridlocks for thousands of companies attempting to file their tax returns.Standardbusiness was told on Friday that s…

Published: 20 Feb 2022 at 08:55hrs | 3 | by Staff reporter

Zimra gridlocks ground companies

Published: 13 Feb 2022 at 20:44hrs | 2 | by Staff reporter

Zimbabwe blue chips shine in Africa

AT least five of Zimbabwe's biggest stock exchange-listed firms have made it to the list of Africa's best performing companies, defying storms stemming out of a two year old economic crisis, which was aggravated by the Covid-19 pandemic.A …

Published: 03 Sep 2021 at 06:56hrs | 15 | by Staff reporter

60% of Bulawayo companies close shop

THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have closed shop.Some businesses have had their p…

Published: 19 Feb 2021 at 07:04hrs | 148 | by Staff reporter

Zimbabwe companies should leverage on ICT transformation

TODAY'S global economy is powered by technology. From insurance, banking, marketing, news, education, health and communication, it is hard to imagine a modern business that does not rely on technology to serve its customers, transact with …

Published: 10 Sep 2018 at 06:47hrs | | by Jacob Mutisi

Zimbabwean companies wish Mugabe, 93, many more years to come

Struggling firms in Zimbabwe have "fallen over each" other to wish President Robert Mugabe many more years to come as he turned 93 on Tuesday, News24.com reported.Despite clear signs Mugabe was clueless in finding solutions to Zimbabweâ€™s…

Published: 21 Feb 2017 at 10:11hrs | | by Staff reporter

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