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Economic Empowerment Bill gets thumbs up
Stakeholders in Bulawayo, including small to medium enterprises (SMEs), have welcomed the Economic Empowerment Bill, which aims to replace the Indigenisation and Economic Empowerment Act with a new Ec...Published: 19 Jul 2024 at 06:16hrs | 155 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 47 | by Staff Reporter
NMBZ optimistic on ZiG inflation-easing impact
Listed financial services provider, NMBZ Holdings Limited, has expressed optimism about the inflation-easing impact of the new Zimbabwe Gold (ZiG) currency, following a 209% revenue increase in the fi...Published: 21 May 2024 at 08:27hrs | | by Staff reporter
Stop Zanu-PF extortionists, villagers plead
VILLAGERS in some parts of the country have appealed to the Zanu-PF leadership to rein in their local party leaders who are reportedly fleecing them of cash under the guise of raising funds for indepe...Published: 16 Apr 2024 at 08:44hrs | 1 | by Staff reporter
Ministry of SMEs holds the key to Zimbabwe's Growth
The Monetary Policy statement and other documents indicate that Micro, Small, and Medium Enterprises (MSMEs) contribute a significant 60% to Zimbabwe's gross domestic product (GDP). This news highligh...Published: 13 Apr 2024 at 17:37hrs | 2 | by Mandla Ndlovu
Stanbic Bank embarks on financial fitness workshops for SMEs
Harare, 10 April 2024 - Leading financial services institution, Stanbic Bank, has established a financial fitness academy aimed at equipping Small to Medium Enterprises (SMEs) with the requisite skill...Published: 10 Apr 2024 at 22:21hrs | 5 | by Agencies
Kenyan acquitted of illegal possession of bullet
A KENYAN national has been acquitted of illegal possession of ammunition without a firearm certificate following her arrest at the Victoria Falls International Airport over the weekend.Lucy Ka...Published: 08 Mar 2024 at 05:07hrs | | 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 | | by Staff Reporter
Grain millers flag 'artificial' mealie-meal shortages in supermarkets
LOCAL grain millers say they have contingency measures throughout the value chain to ensure adequate mealie-meal stocks to feed the nation.The assurance by the Grain Millers Association of Zim...Published: 29 Jan 2024 at 06:00hrs | | by Staff reporter
Zanu-PF intensifies by-elections campaign
Zanu-PF has intensified its campaign for the Mkoba North constituency in Gweru and Kwekwe's Ward 10 council seat ahead of the February 3 by-elections.Teams have been deployed in the areas wher...Published: 25 Jan 2024 at 04:15hrs | | by Staff reporter
Edd Branson facilitates US$1 million for Bulawayo entrepreneurs
In a major boost to the local business community, Ambassador Edd Branson, renowned for his efforts in promoting economic growth and entrepreneurship, has successfully brokered a 1 million USD facility...Published: 09 Jan 2024 at 09:07hrs | 1 | by Mandla Ndlovu
ZIMRA measures to restore value chain integrity utter insensitive, says former Senator
FORMER MDC senator for Matabeleland North Chief Ndlovu from Nkayi has described the measures recently announced by Zimbabwe Revenue Authority (Zimra) meant to protect value chains integrity, issued in...Published: 05 Jan 2024 at 19:19hrs | 1 | by Stephen Jakes
Insukamini substation fault triggers nationwide power outage
A MAJOR technical fault at the Insukamini substation in Bulawayo triggered countrywide loss of power early yesterday resulting in a loss of production time by business, which lasted up to noon....Published: 05 Jan 2024 at 05:49hrs | 1 | by Staff reporter
Zimbabweans' appetite for imports remains high
Zimbabweans still prefer imported goods despite increased production by local producers because most of the products are substandard, it has emerged.For years, the local market has been domina...Published: 31 Dec 2023 at 12:56hrs | | by Staff reporter
Zimbabwe: African Development Bank approves $25 million trade finance line of credit for Central Africa Building Society
The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to b...Published: 20 Dec 2023 at 22:34hrs | 1 | by APO
1 000 more buses for Zupco
Treasury will procure more than 1 000 buses in the next two years, with 250 of them being available in the first quarter of next year, and 50 of those being electric vehicles running off batteries, as...Published: 18 Dec 2023 at 04:53hrs | 1 | by Staff reporter
David Coltart engages SA property firm
BULAWAYO mayor David Coltart is in discussions with South Africa-based company McCormick Property Development to speed up the construction of the multi-million-dollar Egodini Mall.The discussi...Published: 01 Dec 2023 at 04:58hrs | 1 | by Staff reporter
Zimplats is cutting spending on its US$1.8bn projects
The decline in global platinum prices is compelling Impala Platinum to reduce its planned expenditures across its operations, including Zimplats, which is expected to negatively impact local suppliers...Published: 03 Nov 2023 at 08:22hrs | | by Staff reporter
CCC, Zanu-PF clash over Mupedzanhamo, again
Tensions have arisen between the opposition Citizens Coalition for Change (CCC) and the ruling Zanu-PF party regarding the allocation of vending spaces at the soon-to-reopen Mupedzanhamo flea market. ...Published: 02 Nov 2023 at 05:47hrs | | by Staff reporter
Stanbic supports artists to maximise their talents for financial gain
Harare, 11 October 2023 - Leading financial services institution, Stanbic Bank Zimbabwe is committed to propping up musicians and other creative artists and hel...Published: 11 Oct 2023 at 22:03hrs | 1 | by Agencies
Zimbabwe to take centre stage as 'world's next lithium valley'
As the shift towards sustainable energy gains momentum across the globe, the demand for lithium is anticipated to continue its upward trajectory, leading to an increase in its price despite growing su...Published: 03 Oct 2023 at 18:21hrs | | by Staff reporter
Zimbabwe - Dubbed 'the World's Next Lithium Valley' - to Speak at Critical Minerals Africa 2023
CAPE TOWN, South Africa - As Zimbabwe sets its sights on achieving a $12-billion mining industry by year-end, Pfungwa Kunaka, Permanent Secretary for Mines and Mining Development of Zimbabwe, will spe...Published: 02 Oct 2023 at 12:54hrs | | by APO
Bulawayo hotels, lodges fully booked ahead of Sanganai/Hlanganani Expo
Many of the major hotels and lodges in Bulawayo are fully booked ahead of the upcoming Sanganai/Hlanganani World Tourism Expo, scheduled to take place from October 12 to 14. This annual event showcase...Published: 01 Oct 2023 at 07:34hrs | | by Staff reporter
Zimra to roll out new tax admin system
THE Zimbabwe Revenue Authority (ZIMRA) is set to introduce a new tax system next month in a bid to revolutionise the tax administration terrain in the country through an efficient, effective, and easy...Published: 20 Sep 2023 at 06:24hrs | | by Staff reporter
Mnangagwa's ministers sworn in
Newly appointed Cabinet ministers have made a commitment to immediately start their work, while their senior colleagues have pledged to consolidate the achievements of the Second Republic, which have ...Published: 13 Sep 2023 at 18:56hrs | | by Staff reporter
Outrage as Mnangagwa appoints son, nephew as deputy ministers
President Emmerson Mnangagwa was accused of nepotism on Monday after naming his son as deputy finance minister in a new cabinet following his controversial re-election.David Kudakwashe Mnangag...Published: 11 Sep 2023 at 20:19hrs | | by Staff reporter
ACT-SA Urges political parties to refrain from vote buying ahead of August 23 elections
After the launch of the "National Citizen Action against Vote Buying Campaign", the Anti-Corruption Trust of Southern Africa (ACT-SA) received overwhelming responses from members of the public forward...Published: 26 Jul 2023 at 20:10hrs | | by Stephen Jakes
Zanu-PF pledges to clean up opposition rot in cities
Zanu-PF will put in place measures to clean the rot in towns and cities brought about by incompetent opposition councillors who have been in charge of urban councils since 2000, Vice President Dr Cons...Published: 25 Jul 2023 at 06:40hrs | | by Staff reporter
Anti-Corruption watchdog starts tracking vote buying corruption
THE Anti-Corruption Trust of Southern Africa has started tracking down issues of vote buying in an effort to curb corruption committed in the run up to the election set for August 23.This was ...Published: 24 Jul 2023 at 18:55hrs | | by Stephen Jakes
SMEs seek Mnangagwa's intervention after clampdown by Zimparks
The Small and Medium Enterprises for ED and Bussinesses for ED have approached President Mnangagwa after Zimparks reportedly blacklisted them on all procurement bids.In a letter addressed to t...Published: 20 Jul 2023 at 18:07hrs | | by Desmond Nleya
SMEs 4ED launched
The Small and Medium Enterprises for Economic Development (SMEs for ED) Harare Chapter has been launched, and immediately pledged to mobilise voters for Zanu-PF Presidential candidate President Mnanga...Published: 03 Jul 2023 at 07:04hrs | | by Staff reporter
Foreigners 'invade' retail space reserved for Zimbabweans
ZIMBABWEAN authorities have been allocating retail licenses to foreigners in contravention of the law, investigations have established.Retail space in the capital Harare is now dominated by In...Published: 03 Jul 2023 at 07:02hrs | | by Staff reporter
Econet increases tariffs again
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) hiked data bundles by up to 300 percent."We are reviewing our ZWL data and SMEs bun...Published: 20 Jun 2023 at 08:57hrs | | by Staff reporter
Single Mothers4ED Bulawayo Chapter launched
SINGLE Mothers for Economic Development (ED) launched their Bulawayo Chapter on Saturday with calls to involve single mothers in the mainstream economy through empowerment programmes that are responsi...Published: 12 Jun 2023 at 06:28hrs | | by Staff reporter
Zimdollar takes a heavy knock on RBZ Auction
THE Zimdollar tumbled by 43% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction market effectively closing the parallel market gap which had become a source for market arbitrage in recent ...Published: 06 Jun 2023 at 17:58hrs | | by Staff reporter
'Establish animal husbandry centre in Bulawayo'
LIVESTOCK farmers from the Matebeleland region are facing challenges in accessing technical support to boost their production as there is no veterinary training-focused institution, which negatively a...Published: 06 Jun 2023 at 06:22hrs | | by Staff reporter
Zimdollar tanks
THE official exchange rate at the Reserve Bank of Zimbabwe (RBZ)'s Foreign Exchange Auction System today jumped to US$1: ZWL$1,888 with US$14 million allocated to businesses.Last week, the rat...Published: 23 May 2023 at 21:15hrs | | by Staff reporter
ZCBTA statement on scrapping of duty on basic commodities
The Zimbabwe Cross Border Traders Association (ZCBTA) commends the Minister of Finance for taking appropriate steps to protect ordinary citizens and other vulnerable groups in Zimbabwe from negative i...Published: 23 May 2023 at 14:33hrs | | by Erick Matotoba
Mazibisa eyes filling BF with Hustlers Summit 3.0
NEVER in the history of Zimbabwe has anyone had the slightest idea to fill up Barbourfields Stadium with a business theme. Soccer has had people packing the stadium with a capacity of 25 000-plus peop...Published: 22 May 2023 at 06:34hrs | | by Staff reporter
Women in agriculture capacitated
Over 200 women in agriculture were invited to meet with various stakeholders in Mashonaland East province for a capacity building in Agribusiness in Marondera today.The workshop unpacked oppor...Published: 18 May 2023 at 16:12hrs | | by Simbarashe Sithole in Marondera
Inflation forces SMEs to dump Zimdollar
THE prevailing hyper-inflationary environment has affected Zimbabwe's highly informal economy, forcing the country's estimated 3,4 million micro, small and medium enterprises to peg their prices in Un...Published: 08 May 2023 at 06:11hrs | | by Staff reporter
Nkayi Villagers cry for help
Villagers under Headman Manguni in Nkayi have requested urgent government assistance and help towards tackling challenges that have made life difficult for the people of Nkayi. Villagers r...Published: 05 Apr 2023 at 11:52hrs | | by Nkululeko Nkomo
Reserve Bank of Zimbabwe slashes policy rate
THE Reserve Bank of Zimbabwe (RBZ) yesterday slashed its policy rate further to 140%. The policy rate had been pegged at 150% at the beginning of the year, from 200% before.Analysts said the m...Published: 31 Mar 2023 at 17:55hrs | | by Staff reporter
Sithembiso Nyoni to face challenge in Nkayi North as politburo clears rivals
Women affairs and SMEs minister Sithembiso Nyoni has failed in her bid to sail through unopposed in Zanu-PF primaries, ZimLive can reveal.Zanu-PF primaries, previously pencilled-in for March 1...Published: 23 Mar 2023 at 19:48hrs | | by Staff reporter
BCC in dramatic U-turn over SMEs workspaces
THE Bulawayo City Council has made a dramatic U-turn on a proposal to partner with Government in constructing small to medium enterprise (SME) workspaces in Bulawayo, claiming it has the capacity — ...Published: 03 Mar 2023 at 06:21hrs | | by Staff reporter
UK avails £15 million to recruit care workers across the world including Zimbabwe
THE United Kingdom (UK) administration has availed £15 million to facilitate the recruitment of health and social care workers from across the world, including Zimbabwe.Afflicted by the unaba...Published: 15 Feb 2023 at 05:05hrs | | by Staff reporter
Zimdollar haunted by trust issues
Zimbabweans across the country continue to lose trust in the local currency due to the rapid loss of value, meaning it cannot serve as the store of value and medium of exchange.According to th...Published: 12 Feb 2023 at 07:20hrs | | by Staff reporter
Saviour Kasukuwere: The visionary leader Zimbabwe needs
As the 2023 elections in Zimbabwe approach, one candidate stands out as the leader the country needs to overcome its economic and social challenges: Saviour Kasukuwere. The 53-year-old former Cabinet ...Published: 05 Feb 2023 at 10:31hrs | 1 | by Ntokozo Msipha
'Don't force parents to buy uniforms at school'
THE Ministry of Primary and Secondary Education has given schools the greenlight to produce and sell uniforms, but warned schools not force parents to buy uniforms from them if there are cheaper optio...Published: 05 Feb 2023 at 08:26hrs | | by Staff reporter
Reserve Bank slashes lending rates, increases forex retention
THE Reserve Bank of Zimbabwe (RBZ) has trimmed its bank policy rate to 150 percent from 200 percent per annum and increased foreign currency retention thresholds for exporters on domestic sales while ...Published: 02 Feb 2023 at 22:58hrs | | by Staff Reporter
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