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7 hours ago | May 17, 2022

Industry frets over decision to open borders

Oliver Kazunga Industrial players say the country’s manufacturing sector capacity utilisation is now under threat again ...

Bakers Inn takes delivery of 50 trucks

Business Writer BAKERS Inn has taken delivery of 50 distribution trucks from a local car dealer, ZIMOCO, as the bread ...

Zim mining sector in growth trajectory  

Business Writer Zimbabwe’s mining sector is expected to grow in 2022 alongside its regional peers in the Democratic ...

Vodacom’s revenue breaches R100bn amid booming data demand

Sibongile Khumalo Vodacom’s revenue increased by 4.5 percent to R102 billion in the 2022 financial year, as data traffic ...

Hungry for growth, Jubilee Metals looks to Northern Zambia

Lisa Steyn An R800 million investment programme has expanded the footprint of metals processing company Jubilee Metals ...

17 hours ago | May 16, 2022

Industry fret over decision to open borders

Oliver Kazunga Industrial players say the country’s manufacturing sector capacity utilisation is now under threat again ...

RBZ to smoke out currency manipulators

Business Writer The Reserve Bank of Zimbabwe has said in the wake of exchange rate manipulation by some borrowers of ...

Masimba order book firms to US$214 million

Enacy Mapakame Masimba Holdings Limited’s turnover for the first quarter to March 31, 2022, surged 19 percent against ...

Construction sector players anticipate massive growth

Business Writer As Zimbabwe witnesses increased economic activities following relaxation of Covid 19 restrictions, ...

Central Bank  bans third country foreign payments by banks

Business Writer The Reserve Bank of Zimbabwe (RBZ) has banned third country foreign payments, except for fuel, in ...

Twitter plunges 20 pc as Elon Musk puts takeover ‘on hold’

Giles Turner Elon Musk tweeted that his $44 billion (R708 billion) takeover of Twitter is “temporarily on ...

4 days ago | May 13, 2022

Padenga to abandon alligator skin business

Tapiwanashe Mangwiro Crocodiles breeder cum miner, Padenga Holdings, is considering abandoning the loss making alligator ...

Treasury slashes RTGS payments to contractors

Golden Sibanda Government is now paying contractors undertaking various public infrastructure programmes partly in US ...

Ban on bank lending an Achilles for financial sector revenues . . ...

Tapiwanashe Mangwiro Zimbabwe’s banking sector was thrown into a state of shock when President Mnangagwa announced last ...

Foreign Direct Investment

Dr Keen Mhlanga A huge population around the globe has made the question, “what should l do with money?’ Often business ...

Real estate investing in Africa and the transition from the ...

Property pundit Kevin Teeroovengadum speaks about the dollarisation of African real estate assets, why he believes it’s ...

Tennis umpire banned for life for match- fixing

Portuguese chair umpire Daniel Zeferino has been banned from tennis for life after being found guilty of match-fixing ...

Businesses stop Zimdollar credit facilities

Business Writer Zimbabwean businesses are cutting credit facilities to customers citing rapid depreciation of local ...

First Capital Bank to remain profitable in 2022

Enacy Mapakame First Capital Bank (FCB) is expected to remain profitable during the financial year 2022 (FY22) on the ...

Diamond prices are spiking

Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ...