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Busisa Moyo accepts Land Cruiser gift from Chivayo
United Refineries Limited CEO and prominent Zimbabwean business leader Busisa Moyo has accepted a luxury vehicle valued at US$200,000 from businessman Wicknell Chivayo as a token of appreciation for h...Published: 21 May 2025 at 16:20hrs | 1664 | by Staff reporter
Busisa Moyo inducted into Zimbabwe business hall of fame
Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...Published: 16 Apr 2025 at 23:16hrs | 202 | by Staff reporter
Hot spell forces firms to work night shifts
INDUSTRIAL manufacturing processes are being threatened by the high temperatures being recorded across the country, which affect the cooling systems for some critical machinery used by companies while...Published: 06 Dec 2023 at 05:03hrs | 15 | by Staff reporter
Shortages show the poverty of ideas in govt
THE shortage of most locally-manufactured basic commodities due to the shocking decision by President Emmerson Mnangagwa's government to impose a blanket ban on bank lending to everyone, including the...Published: 17 May 2022 at 06:37hrs | 3 | by Staff reporter
Cooking oil industry faces collapse
UNITED Refineries Limited (URL) chief executive Busisa Moyo has urged government to come up with a single widely accepted foreign exchange rate to save the cooking oil industry from collapse as it is ...Published: 21 Apr 2022 at 11:36hrs | 1 | by Staff reporter
Zimbabwe faces cooking oil shortage
Zimbabwe is facing fresh cooking oil shortages following a sharp increase in edible oil prices on the international markets and foreign currency shortages leading to viability challenges f...Published: 08 Apr 2022 at 09:17hrs | 10 | by Staff reporter
'Mineral leakages bleeding Zimbabwe economy'
SOCIO-ECONOMIC watchdog, Zimbabwe Coalition on Debt and Development (Zimcodd) has called on government to curb mineral leakages and export of raw minerals to help revive the economy.In its rec...Published: 15 Mar 2022 at 05:37hrs | 1 | by Staff reporter
Govt urged to accept taxes in RTGS
UNITED Refineries Limited (URL) chief executive Busisa Moyo has urged the government to accept tax payments in the local currency to increase confidence in its use.The businessman, who is also...Published: 15 Nov 2021 at 06:38hrs | 12 | by Staff reporter
Vision 2030 on course, says President
PRESIDENT Mnangagwa has said the country's vision of achieving an upper middle-income economy by 2030 is on course and the private sector should continue to complement Government efforts to revive the...Published: 16 May 2021 at 07:57hrs | | by Staff Reporter
Zimdollar maintains stability
THE Zimbabwe dollar continues to maintain stability on the official weekly foreign currency exchange auction system with marginal fluctuations against the greenback exhibiting market confidence in the...Published: 08 Apr 2021 at 08:42hrs | 11 | by Staff reporter
800 companies benefit from Foreign Currency Auction
Close to 800 companies have benefited from the weekly Foreign Currency Auction Trading System where a total of US$639,5 million has been allotted since the introduction of the platform in June last ye...Published: 25 Mar 2021 at 05:36hrs | 2 | by Staff reporter
Crude oil big debate
The "crude" ignorance of opposition-minded people about the various usages and applications of the term "crude oil" is being exposed by the day. The "crude" ignorance posted by the oppositioni...Published: 08 Feb 2021 at 20:06hrs | 3 | by Conway Tutani
Busisa Moyo: Voice of reason on industrial matters in Zimbabwe
HE is the chief executive officer (CEO) of one of Bulawayo's most successful companies, United Refineries Limited (URL). Mr Busisa Moyo is the board chairman of the Zimbabwe International Trad...Published: 06 Feb 2021 at 07:03hrs | | by Staff reporter
BCC investigates United Refineries water cuts
THE Bulawayo City Council has ordered an investigation into circumstances that led to one of the city's largest companies, United Refineries Limited (URL) suspending operations due to water challenges...Published: 15 Nov 2020 at 06:17hrs | 19 | by Staff reporter
Water woes cripple Bulawayo companies
THE Association of Business in Zimbabwe (ABUZ) has warned that manufacturing companies based in Bulawayo will soon be forced to shut down or scale down production owing to the ongoing water shortages ...Published: 15 Nov 2020 at 06:17hrs | | by Staff reporter
Zimbabwe economic meltdown deepens
SOME of Zimbabwe's largest companies have painted a grim picture of the country's socio-economic situation, reporting a sharp fall in revenues, as the relentless economic meltdown intensifies....Published: 13 Nov 2020 at 07:31hrs | | by Staff reporter
Companies urged to drill own boreholes
THE Zimbabwe National Chamber of Commerce (ZNCC) has urged companies to drill their own boreholes and stop solely relying on council water.The call was made after Bulawayo-based agro-processin...Published: 07 Nov 2020 at 05:57hrs | | by Staff reporter
BCC intervenes in United Refineries hitch
UNITED Refineries Limited (URL) is expected to resume operations at its factory on Monday following interventions by the Bulawayo City Council (BCC) to solve water supply challenges that forced the co...Published: 05 Nov 2020 at 06:23hrs | 1 | by Staff reporter
Water shortage halts United Refineries operations
BULAWAYO-BASED agro-processing firm, United Refineries Limited (URL) has suspended operations due to limited water supplies the city is presently experiencing.The company, which produces cooki...Published: 03 Nov 2020 at 12:56hrs | 1 | by Staff reportetr
'We need more Zimdollar than US$'
UNITED Refineries Limited (URL) chief executive officer, Mr Busisa Moyo says the Bulawayo headquartered agro-processing company needs more of the local dollar to localise production of key raw materia...Published: 30 Oct 2020 at 06:19hrs | 10 | by Staff reporter
Zimdollar demand spikes
THE continued consolidation of the Zimbabwean dollar gains on the official market-driven foreign currency auction platform has created huge demand for the local currency on the back of growing confide...Published: 15 Oct 2020 at 06:37hrs | 2 | by Staff reporter
Disaster preparedness intensifies ahead of rains
Government has started reserving some of the Covid-19 donations for contingent disaster management plans as the country approaches the rainy season, which might displace some families, an official has...Published: 12 Oct 2020 at 06:08hrs | 1 | by Staff reporter
Mnangagwa salutes citizens, corporates
President Mnangagwa has expressed gratitude to Zimbabweans and those in the Diaspora for collaborating in the fight against the Covid-19 pandemic, which has seen the country being ranked among countri...Published: 07 Oct 2020 at 06:49hrs | 10 | by Staff reporter
Secondary stock exchange for Bulawayo
PLANS of opening a secondary stock market exchange which will likely to be located in Bulawayo are at an advanced stage, an official said. In an interview with Sunday News Business on the side...Published: 07 Jul 2019 at 21:14hrs | 2 | by Staff reporter
'Zimdollar' talks gain momentum
PROMINENT industrialist and Presidential Advisory Council (PAC) member, Mr Busisa Moyo, has pleaded with Zimbabweans to have confidence in the ongoing processes of resolving prevailing currency distor...Published: 07 May 2019 at 07:44hrs | 1 | by Staff reporter
United Refineries gets export permit
ONE of the country's leading cooking oil and soap manufacturers, United Refineries Limited (URL) will resume cooking oil exports to Namibia soon as it forges ahead to grow its foreign currency coffers...Published: 30 Dec 2018 at 10:18hrs | 4 | by Staff reporter
Supermarkets to be blacklisted over cooking oil
The Chief Executive Officer of United Refineries Busisa Moyo has revealed that they will be blacklisting retailers who are buying cooking oil in bulk from them and hoarding it instead of selling it t...Published: 05 Nov 2018 at 11:11hrs | 4 | by Mandla Ndlovu
Zimbabwe producers in panic mode, rush to offload stockpiled goods
Some manufacturers of basic commodities are reportedly in panic mode, amid indications they are now desperate to immediately off-load the products they have been allegedly stockpiling in the last few ...Published: 28 Oct 2018 at 09:05hrs | 1 | by Staff reporter
Agricultural productivity a panacea to Zimbabwe's economic revival
Zimbabwe's economy is hinged on agriculture which feeds a number of downstream industries that process agricultural produce into various foods for both humans and livestock. The revival of this sector...Published: 16 Oct 2018 at 15:15hrs | 1 | by Elijah Chihota
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 manufacturers at normal prices.Moreover, tariffs for ...Published: 14 Oct 2018 at 08:08hrs | | by Staff Reporter
'Rand answer to Zimbabwe export competitiveness'
ZIMBABWE needs to adopt a soft currency like the South African rand as reference exchange money to become competitive and attract the much-needed foreign direct investment, economics researcher and bu...Published: 08 Oct 2018 at 06:16hrs | 1 | by Staff reporter
Outcry over Mthuli Ncube's new tax regime
CAPTAINS of industry and ordinary consumers yesterday implored Government to reconsider its new tax regime saying it will increase the cost of production and add more burden to citizens. Annou...Published: 03 Oct 2018 at 07:21hrs | | by Staff reporter
United Refineries Limited adopts food fortification
GIANT agro-processor United Refineries Limited (URL) has adopted food fortification as part of its long term business model in keeping with the country's nutrition policy and global trends.Foo...Published: 28 Jun 2018 at 07:03hrs | | by Staff reporter
Govt, industry to meet quarterly
GOVERNMENT has agreed to convene regular meetings with the private sector to discuss issues affecting business in order to unlock economic growth.Responding to a question from the Confederatio...Published: 02 May 2018 at 07:01hrs | 5 | by Staff rpeorter
Mnangagwa's name-and-shame gimmick falls short of expectations
President Emmerson Mnangagwa's government yesterday released the long-awaited list of companies and individuals alleged to have failed to return $827 million stashed abroad following the expiry of a 1...Published: 20 Mar 2018 at 12:55hrs | 3 | by Staff reporter
United Refineries adds vegetable juice to range
BULAWAYO giant cooking oil manufacturer, United Refineries Limited (URL), has added vegetable juice manufacturing to its wider product mix as it diversifies operations.The agro-processing firm...Published: 15 Mar 2018 at 06:06hrs | | by Staff reporter
Let us breathe back life to Bulawayo
The thrust that President Emmerson Mnangagwa has put on the economy is a very positive move that deserves encouragement and support from all Zimbabweans.Mnangagwa and his government have made ...Published: 11 Feb 2018 at 07:24hrs | 1 | by Staff reporter
Basics' prices to drop 5%
THE Confederation of Zimbabwe Industries (CZI) says prices of some basic commodities are set to drop by five percent due to a reduction of excise duty on fuel.On Wednesday, the Government orde...Published: 25 Jan 2018 at 05:32hrs | 1 | by Staff reporter
More than 20 top Bulawayo companies regaining footing
MORE than 20 top companies in Bulawayo have recorded positive growth this year as evidenced by increasing capacity utilisation, fresh investment and opening of new plants. According to the Con...Published: 29 Dec 2017 at 08:42hrs | 38 | by Staff Reporter
Bulawayo sets up Special Economic Zones committee
BULAWAYO has set up a committee to drive implementation of Special Economic Zones (SEZs) model in the city as part of efforts to lure investors and revive ailing industries.The city has alread...Published: 17 Dec 2017 at 23:11hrs | 1 | by Staff Reporter
Busisa Moyo among the best minds we have in Zimbabwe
Zimbabweans are hard working people. They thrive by all means to make a living . We have young and old people who can bring the glory/light of our nation which will be not hide from other nations, as ...Published: 16 Oct 2017 at 15:30hrs | 1 | by Enos Denhere
Bulawayo on the rebound
After decades of progressive decay, signs of recovery have started to show for Bulawayo's beleaguered industry as factories where birds had come to roost begin to rise out of their slumber.The...Published: 15 Oct 2017 at 12:19hrs | | by Staff reporter
Zimbabweans are Innovative and thrive by all means to get a living
Zimbabweans are hard working people .They thrive by all means to make a living . We have young and old people who can bring the glory/light of our nation which will be not hide from other nations , as...Published: 12 Oct 2017 at 16:13hrs | 1 | by Enos Denhere
Revival of Bulawayo industries possible task
OVER the years a lot has been said about the deindustrialisation of the country's second largest city, Bulawayo. It has been reported that nearly 100 companies closed in Bulawayo causing the loss of m...Published: 20 Aug 2017 at 07:22hrs | | by Staff Reporter
Bulawayo scents industry revival
Diversification and innovation are the buzzwords for Bulawayo's surviving industries whose resilience in the face of a difficult macro-economic climate deserves applause. While the city has seen a dem...Published: 04 Aug 2017 at 15:07hrs | | by Staff reporter
Delma Lupepe says Merlin won't be liquidated
BUSINESSMAN, Mr Delma Lupepe, says his defunct textile firm Merlin Limited will not be liquidated ahead of tomorrow's liquidation deadline.The Bulawayo-based company was established in the 195...Published: 29 Jun 2017 at 06:36hrs | 1 | by Staff reporter
Date set for Bulawayo Arts awards
THE much anticipated inaugural Bulawayo Arts Awards (BAA) have been launched with the awards ceremony set for June 30 at the Large City Hall.The BAAs to honour the efforts of artistes from...Published: 17 Mar 2017 at 06:05hrs | 2 | by Staff reporter
Dr Nkosana Moyo lined up for the CZI congress
THE 2016 Confederation of Zimbabwe Industries (CZI) congress kicks off in Bulawayo today with key speakers including former Industry and International Trade Minister Dr Nkosana Moyo lined up for the e...Published: 27 Jul 2016 at 08:09hrs | | by Business Reporter
No crisis in the manufacturing sector - Minister Bimha
Industry and Commerce Minister Mike Bimha has claimed that the is no crisis in the manufacturing sector as the economy is transforming rapidly with several firms operating at 100 percent c...Published: 27 Apr 2016 at 09:33hrs | | by Thobekile Zhou
Bulawayo clothing company resumes exports to Europe
ARCHER Clothing has resumed exports to Europe following a successful revival plan of one of Bulawayo's oldest firms by the new investor. The resuscitation of Archer Clothing by a Harare-based ...Published: 15 Dec 2015 at 05:30hrs | 2 | by Oliver Kazunga
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