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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
Police seek public help to track armed robbery gang in Bulawayo
Police in Bulawayo are appealing to the public for assistance in identifying and apprehending a gang of 10 armed robbers who carried out a daring heist at United Refineries in the Kelvin Industrial Ar...Published: 12 Dec 2024 at 06:46hrs | 315 | by Staff reporter
Robbers strike at United Refineries
Armed robbers executed a daring break-in at United Refineries, located in the Kelvin Industrial Area of Bulawayo, early on Friday morning, making off with over US$10,000 and more than 20,000 South Afr...Published: 08 Dec 2024 at 09:54hrs | 310 | by Staff reporter
Nkulumane, Nketa and Emganwini will go without water from 2 - 4 February
The suburbs of Nkulumane, Nketa and Emganwini in Bulawayo will go without water due to planned maintenance work on the 675m pipe line from Criterion Reservoir to Magwegwe Reservoir at United Refinerie...Published: 01 Feb 2024 at 18:32hrs | | 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
Zimbabwean outcry over Zesa power tariff increase
The Consumer Council of Zimbabwe (CCZ) has criticized the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) for increasing power tariffs in US dollars, stating that there is no justif...Published: 31 Oct 2023 at 05:49hrs | 4 | by Staff reporter
Stakeholders brainstorm over Bulawayo industry revival
The revival of industrial activity in Bulawayo is contingent upon resolving the city's water supply issues, according to stakeholders.Many companies in Bulawayo have closed or relocated due to...Published: 02 Oct 2023 at 06:28hrs | 4 | by Staff reporter
Zimbabwe govt departments warned for dumping Zimdollar
Finance and Economic Development secretary George Guvamatanga has warned government departments to desist from giving preference to clients paying for services in US dollars as opposed to local curren...Published: 29 May 2023 at 06:43hrs | | by Staff reporter
Jonathan Moyo issues a warning
EXILED former cabinet minister, Jonathan Moyo has warned that the recent threats by Finance minister Mthuli Ncube to crack down on businesses over price hikes will only worsen the already dire situati...Published: 29 May 2023 at 06:41hrs | 1 | by Staff reporter
Busisa Moyo exposes David Coltart
United Refineries CEO, ZITF Chairman and leading Zimbabwean businessman Busisa Moyo has rebutted allegations by CCC Treasurer General David Coltart that him and former MDC leader Eddie Cross are in Un...Published: 16 Jun 2022 at 11:49hrs | 15 | by Mandla Ndlovu
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
Laying of pipes brings Gwayi-Shangani water closer
AN over a century old dream to bring water from Lake Gwayi-Shangani to Bulawayo is close to reality as some pipes for laying the pipeline that arrived in the country last week have been placed at stra...Published: 03 May 2022 at 15:38hrs | 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
Parts of Bulawayo's industrial areas goes without electricity
PARTS of Bulawayo's industrial areas today [Friday] went without electricity as the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) embarked on critical maintenance work in the area...Published: 01 Apr 2022 at 09:12hrs | | 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
Bulawayo still reeling from illegal sanctions
THE tale of the demise of Bulawayo's industries is a story which cannot be separated from the illegal sanctions imposed by Western countries on Zimbabwe.Once considered the country's industria...Published: 01 Oct 2021 at 07:52hrs | 1 | by Staff reporter
Mnangagwa to officially open ZITF
PRESIDENT Mnangagwa is the guest of honour at this year's edition of the Zimbabwe International Trade Fair (ZITF). The country's prime trade showcase would be held under strict Covid-19 guidelines beg...Published: 21 Sep 2021 at 06:13hrs | 2 | by Staff reporter
Ex-Permanent Secretary in the Ministry of Lands dies
Former Permanent Secretary in the Ministry of Lands, Agriculture and Rural Resettlement Mr Ringson Joseph Chitsiko has died. Family spokesperson Tapiwa Chitsiko confirmed.Passing his c...Published: 10 Aug 2021 at 12:28hrs | 4 | by Staff reporter
Zimbabwe industry feels impact of SA protests
Businesses and consumers have already begun feeling the contagion effect of the country's heavy dependency on South Africa after the unrest that plagued the rainbow nation last week over the incarcera...Published: 18 Jul 2021 at 07:57hrs | 3 | by Staff reporter
When South Africa sneezes Zimbabwe catches a cold
HISTORY tells us we owe it to Klemens von Metternich, the distinguished 19th-century Austrian statesman and diplomat, one of the most famous phrases about the global economy and its dynamics.I...Published: 17 Jul 2021 at 15:25hrs | | 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
More businesses benefit from RBZ forex auction system
THE Reserve Bank of Zimbabwe (RBZ) on Wednesday published a list of institutions and individuals that have accessed foreign currency from the auction system from June 2020 to April 2021. A tot...Published: 14 May 2021 at 08:23hrs | 3 | 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
Mr President open Ekusileni Hospital - People are Dying
In June 2018, ahead of the July 2018 general elections, President Emmerson Mnangagwa announced that the government had engaged the Indian Sharda Group of Institutions (SGI) to operate the health facil...Published: 06 Feb 2021 at 19:14hrs | 3 | by Dr Edwin Moyo
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
Proudly made in Zimbabwe
The advent of globalization has demonstrated that each country has expertise in a certain trade and there are commodities that resonate with certain countries more than others. It is often argued that...Published: 02 Feb 2021 at 00:25hrs | 5 | by Victor Bhoroma
Consortium secretly inspects CSC assets
FRESH details have emerged revealing how a consortium of local industrialists and companies - CSC (2016) - is angling to take over the defunct Cold Storage Company (CSC) through a US$225 million bid....Published: 22 Jan 2021 at 06:48hrs | 10 | by Staff reporter
Local firms vie for CSC
A CONSORTIUM of local companies and industrialists are seeking to seize a 75% stake in the defunct Cold Storage Company (CSC) after tabling a US$225 million investment proposal to the government....Published: 15 Jan 2021 at 07:46hrs | 5 | by Staff reporter
Police speak on RoilBAAs stoppage
POLICE yesterday said they were forced to walk on stage and stop proceedings during the Roil Bulawayo Arts Awards (RoilBAAs) last Saturday after organisers failed to stick to agreed timelines for the ...Published: 03 Dec 2020 at 06:35hrs | | 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
Investment Agency lures diaspora investors into VFEX
THE Zimbabwe Investment Development Agency (ZIDA) says the diaspora community and potential international investors could ride on the newly established Victoria Falls Stock Exchange (VFEX) to harvest ...Published: 01 Nov 2020 at 07:49hrs | 1 | by Staff Reporter
'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
Mnangagwa's sober advisor rubbishes resignation speculation
A member of President Emmerson Mnangagwa's Presidential Advisory Council, Busisa Moyo has dismissed reports that he has resigned from the embattled PAC.There was speculation that the Chief Exe...Published: 14 Jun 2019 at 19:44hrs | | by Ndou Paul
Delta Beverages resumes sales in RTGS dollars
DELTA Beverages has resumed sales in RTGS dollars, citing an improvement in the availability of foreign currency from the interbank market.The firm, which is the country's largest manufacturer...Published: 05 Jun 2019 at 07:58hrs | | 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
Mnangagwa jets in for ZITF
ALL is set for the official opening of the Zimbabwe International Trade Fair (ZITF) today with President Emmerson Mnangagwa and his Ugandan counterpart, Yoweri Museveni, expected to arrive in Bu...Published: 26 Apr 2019 at 07:01hrs | 3 | by Staff reporter
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