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Mnangagwa launches historic land title deeds programme
President Emmerson Mnangagwa yesterday handed over the first batch of title deeds under the Land Tenure Implementation Programme, marking a historic milestone in the Second Republic's efforts to solid...Published: 21 Dec 2024 at 08:12hrs | 72 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 320 | by Agencies
ZBC urged to build national consciousness
The recapitalisation of the Zimbabwe Broadcasting Corporation (ZBC) is essential for the national broadcaster to fulfill its mandate of fostering national consciousness and promoting heritage-based br...Published: 15 Dec 2024 at 09:13hrs | 130 | by Staff reporter
Chiwenga urges diamond value-addition to boost Zimbabwe exports
Vice-President Constantino Chiwenga has stressed the importance of value addition in Zimbabwe's diamond industry as a means to maximise export earnings and enhance the sector's contribution to the nat...Published: 13 Dec 2024 at 09:40hrs | 114 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 81 | by Staff reporter
Zupco workers to get their dues
Zimbabwe United Passengers Company (Zupco) CEO, George Chigora, has assured both current and former workers that the company is committed to settling outstanding salary payments before the festive sea...Published: 06 Dec 2024 at 06:38hrs | 888 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1221 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6193 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3179 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1893 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 175 | by Staff reporter
Ramaphosa, DA secret deal clinched before elections
The outspoken SACP general secretary, Solly Mapaila, says he stumbled upon credible intelligence way before the May 29 elections, exposing that the ANC secretly had a predetermined agenda to go into b...Published: 06 Nov 2024 at 09:26hrs | 1175 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 195 | by Staff reporter
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 189 | by Staff reporter
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 613 | by Staff reporter
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1081 | by Staff reporter
Zimbabwe govt working on currency stability
In a comprehensive State of the Nation Address delivered yesterday at the new Parliament Building in Mt Hampden, President Emmerson Mnangagwa highlighted the government's ongoing efforts to stabilize ...Published: 03 Oct 2024 at 08:47hrs | 169 | by Staff reporter
Foreign mining companies should follow Zimbabwe laws
Foreign mining companies must ensure their operations in Zimbabwe benefit indigenous citizens, who are the rightful owners of the country's natural resources. This was the message from Remigious Matan...Published: 03 Oct 2024 at 08:40hrs | 154 | by Staff reporter
Stripping of hotel group's assets at African Sun?
African Sun, a leading hospitality group, has announced plans to divest the Great Zimbabwe Hotel in Masvingo and the Beitbridge Express Hotel to TD Hotels & Leisure (Private) Limited.In a ...Published: 09 Sep 2024 at 08:33hrs | 862 | by Staff reporter
Mnangagwa's govt accused of trying to capture 'Old Gwanda road' project
The Chief Executive Officer of Zwane Enterprise (Pvt) Limited, Engineer Bekithemba Mbambo, has voiced serious concerns over the final concession agreement for the US$110 million Old Gwanda Road constr...Published: 04 Sep 2024 at 15:12hrs | 1717 | by Staff reporter
On the Money: How Old Mutual is empowering Zimbabwe's farmers
As the Zimbabwe Agricultural Show kicks off under the theme "Cultivating Prosperity. Growing Business. Innovation for Change. Nurturing our Future," a critical component of this year's event is the fi...Published: 29 Aug 2024 at 15:55hrs | 237 | by Staff Reporter
Unilever pulling out of Zimbabwe after 80 years
Unilever, one of the world's leading consumer goods companies, is pulling out of Zimbabwe after 80 years of operation.The company, which had reaffirmed its long-term commitment to the country ...Published: 27 Aug 2024 at 11:21hrs | 1234 | by Staff reporter
Pedigree goat breeding boost for Matobo villagers
Matobo District, a semi-arid region with abundant acacia and mopane trees, has become an ideal area for commercial goat farming, particularly for breeding Boer, Savanna, and Kalahari goats. Th...Published: 20 Aug 2024 at 10:31hrs | 100 | by Staff reporter
Shortage of ZiG coins, notes affects Bulawayo vendors
Informal traders in Bulawayo are grappling with significant challenges due to the scarcity of Zimbabwe Gold (ZiG) notes and coins, which has severely impacted their ability to conduct business effecti...Published: 11 Jul 2024 at 07:26hrs | 11 | by Staff reporter
EcoCash to invest in banking technologies
EcoCash Holdings Zimbabwe Limited (EcoCash) plans to invest in technologies to expand its banking unit, Steward Bank, after transferring its fintech firms to Econet Wireless Zimbabwe. This move was ap...Published: 02 Jul 2024 at 11:16hrs | 8 | by Staff reporter
Zimbabwe in top five Bitcoin markets
Zimbabwe has emerged as one of the top five African nations embracing Bitcoin and other digital currencies, according to a report by Equity Axis. This finding coincides with recent efforts by Zimbabwe...Published: 30 Jun 2024 at 18:30hrs | 3 | by Staff reporter
Zulu Lithium successfully commissioned without Mnangagwa
Premier African Minerals Limited has successfully commissioned the Zulu Lithium Mine in Insiza District, Matabeleland South Province, producing 350 tonnes of spodumene concentrate in recent weeks....Published: 02 Jun 2024 at 09:06hrs | 7 | by Staff reporter
Plan to offer incentives to Zimbabweans in the diaspora
Efforts are underway to develop financial instruments that incentivize the diaspora community to invest back home, ensuring profitability and ease of investment. The Ministry of Foreign Affai...Published: 28 May 2024 at 09:39hrs | 2 | by Staff reporter
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
Mnangagwa's Mutapa fund plots parastatals shake-up
The MUTAPA Investment Fund (MIF), previously criticized as a conduit for elite enrichment, has declared its commitment to establishing robust governance frameworks aimed at reining in reluctant State ...Published: 11 Mar 2024 at 04:57hrs | | by Staff reporter
Business Scaling: When is the right time?
Business scaling refers to expanding a business in a sustainable and manageable way. Unlike simple business growth, which can be unplanned or organic, it's a deliberate and strategic effort to increas...Published: 16 Feb 2024 at 09:34hrs | 11 | by Staff Reporter
Buy Zimbabwe lauds duty return on essential goods
Buy Zimbabwe has welcomed the Government's recent decision to reinstate import duties on essential goods as a positive development that will create a more level playing field for domestically produced...Published: 07 Feb 2024 at 04:40hrs | 1 | by Staff reporter
Buy Zimbabwe welcomes positive move on imports
BUY Zimbabwe has said the Government's recent decision to reinstate import duties on basic commodities was a progressive development that will contribute to a fairer competitive landscape for domestic...Published: 06 Feb 2024 at 17:49hrs | | by Staff reporter
Bolt launches services in Zimbabwe
Estonian e-taxi company Bolt has revealed plans to launch its ride-hailing services in Harare, Zimbabwe on Thursday, February 1, introducing more than 300 drivers prepared to offer their services. For...Published: 02 Feb 2024 at 09:22hrs | 53 | by Staff reporter
Zimbabwe forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making some...Published: 31 Jan 2024 at 06:59hrs | 1 | by Staff reporter
Behind the Scenes: How money transfer businesses make money
In an era of global connectivity, the ability to transfer money across borders efficiently has become a crucial service. Whether supporting families, facilitating business transactions, or aiding in e...Published: 29 Dec 2023 at 20:50hrs | 17 | by Libz Mbanje
Our natural resources are our taxes
Dear Finance Minister, Prof Mthuli NcubeSurely, why the 1% property tax, let us tax our minerals. Zimbabwe is considered rich in minerals because it possesses significant quantities of v...Published: 09 Dec 2023 at 14:15hrs | 14 | by Engineer Jacob Kudzayi Mutisi
Innovative Ventures: Investing in Startups and High-Yield Bonds
High-risk investments often bear a striking resemblance to the world of casinos—a realm filled with the allure of great rewards and the ever-present risk of substantial losses. In this article, we'l...Published: 27 Nov 2023 at 12:32hrs | 17 | by Staff Reporter
All you need to know about bonuses and promotions at 1Win South Africa
Unlocking Rewards: A Comprehensive Guide to Bonuses at 1Win South Africa Embark on a journey to discover ...Published: 24 Nov 2023 at 13:19hrs | 1399 | by Staff Reporter
EcoCash overturns loss into profit
EcoCash Holdings Zimbabwe Limited (EHZL), a FINTECH company, successfully transformed its financial performance, turning a loss into a profit of ZWL$130.19 million after tax for the half-year ending A...Published: 13 Nov 2023 at 05:47hrs | 8 | by Staff reporter
10 entrepreneurs make innovation challenge final list
Ten budding young entrepreneurs have made it through to the incubation stage of the third edition of the Value Creation Challenge, after a record 533 applicants this year, organisers said.This...Published: 08 Nov 2023 at 14:20hrs | 17 | by Paul Ndou
Stanbic scoops three prestigious awards
Harare, 24 October 2023 - Stanbic Bank Zimbabwe scooped three prestigious awards - two at the Banks and Banking Survey sponsored by financial services institution, FCB and publishing company, Alpha Me...Published: 25 Oct 2023 at 20:39hrs | 6 | by Agencies
Caledonia Mining Corporation declares 14 cents dividend
Zimbabwe, October 2, 2023 - Caledonia Mining Corporation, a prominent global mining firm with operations in Zimbabwe, has declared a dividend of US$0.14 per share for the third quarter of its 2023 tra...Published: 03 Oct 2023 at 09:17hrs | 8 | by Staff Reporter
Masiyiwa's wife committing millions to supporting underprivileged people
MEET Tsitsi Masiyiwa; she is the wife of Zimbabwean billionaire Strive Masiyiwa as well as a philanthropist. Before her husband became a billionaire, they were almost penniless and went through a roug...Published: 02 Oct 2023 at 06:31hrs | 1 | by Staff reporter
Mnangagwa's Mutapa fiasco raises eyebrows
Observers have raised concerns over President Emmerson Mnangagwa's decision to transfer the shareholding of 20 state-owned companies to the renamed Mutapa Investment Fund (MIF) without parliamentary i...Published: 24 Sep 2023 at 09:09hrs | | by Staff reporter
PPC consolidates shareholding in Zimbabwe unit
Cement manufacturer PPC has increased its shareholding in its Zimbabwean unit to 90% by repurchasing shares previously held by various indigenisation parties. The shares were repurchased at a price of...Published: 21 Sep 2023 at 06:16hrs | 1 | by Staff reporter
Mnangagwa wants people to be served with humility
In his address to newly-elected Cabinet ministers, President Emmerson Mnangagwa emphasized the importance of humility and prioritizing the interests of the people over personal interests. He called fo...Published: 15 Sep 2023 at 06:29hrs | 1 | by Staff reporter
Former minister eyes Kwekwe mayor position
Former Minister of Health and Child Care, Dr. Henry Madzorera, took the oath as the ward 10 councillor in Kwekwe on Thursday under the banner of the Citizens’ Coalition for Change (CCC). With this s...Published: 11 Sep 2023 at 21:38hrs | | by Staff reporter
The Role of Machine Learning in Sports Betting Predictions
Sports betting is a form of entertainment that has been popular for centuries. In recent years, advances in machine learning technology have made it possible to use data and predictive algorithms to p...Published: 21 Aug 2023 at 15:07hrs | 17 | by Staff Reportrer
Nampak cashes in on Zimdollar scarcity
PACKAGING materials supplier Nampak Zimbabwe says it has benefited from improved United States dollar collections during the third quarter ended June 2023 on the back of constrained local currency liq...Published: 16 Aug 2023 at 06:48hrs | 10 | by Staff reporter
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