Business News

17 hours ago | August 3, 2021

Cassava Smartech to change name to EcoCash Holdings

Zimbabwe Stock Exchange - listed entity, Cassava Smartech Zimbabwe Limited, will at its next Annual General Meeting, ...

Producer prices marginally up in June

ZIMBABWE’S Producer Price Index for June 2021 was a slight 0,15 percent higher at 4 617.21 from 4 610.45 recorded in May ...

South Africa says US$750bn a year needed for climate goals

South African Environment Minister Barbara Creecy said countries at the COP26 United Nations climate talks in November ...

Zim gets first rabbit abattoir

Construction of Zimbabwe’s first export certified rabbit abattoir is complete, thrusting rabbit meat firmly on to the ...

Dangote Cement sales jump to record on African demand rush

Dangote Cement, Africa’s largest producer of the building material, posted record revenue in the first half of the year ...

Econet deputy CEO wins ICAZ award

Econet Wireless Zimbabwe deputy chief executive officer Roy Chimanikire, has won the inaugural Institute of Chartered ...

2 days ago | August 2, 2021

ZSE breach $800 billion mark

The Zimbabwe Stock Exchange's market capitalisation breached the $800 billion mark for the first time on Friday with the ...

starafrica geared for export market 

SUGAR processor starafrica corporation says it is geared to take opportunities in the export markets as well as ...

Zim set to clear Paris Club debts 

Business Writer  Zimbabwe plans to begin payments to Paris Club creditors, to clear its US$3.9 billion longstanding ...

Zesa compensation for electricity surge damages    

 ELECTRICITY users who suffer losses due to power surges can now be compensated after the Zimbabwe Electricity ...

Value addition to anchor economy, Mthuli 

Government believes value addition through manufacturing is the first stage of structural transformation of the economy, ...

5 days ago | July 30, 2021

Mthuli projects higher growth

Business Writer Finance and Economic Development Minister Mthuli Ncube, has revised upwards the country’s GDP growth ...

SDRs should target health, informal sector: CZI

Business Writer The Special Drawing Rights allocation that the country is likely to receive from the International ...

Parallel market rate won’t stoke inflation: RBZ

Golden Sibanda THE Reserve Bank of Zimbabwe (RBZ) believes the parallel market exchange rate will not upset the current ...

‘Annual inflation may breach 25pc’

Business Writer Zimbabwe’s annual inflation may breach the upper cap of 25 percent target in 2021 on surging global ...

Economy poised to grow by 5,4 pc in 2022

Business Writer Finance and Economic Development Minister Mthuli Ncube, has projected the domestic economy to grow by ...

Diaspora remittances hit US$746,9m

 Tawanda Musarurwa  Zimbabwe’s Diaspora remittances have risen significantly to U$746,9 million in the first six months ...

New private thermal power station by October

Martin Kadzere Energy company, Zimbabwe Zhongxin Electric Company (ZZEC), is set to commission its 50 megawatt thermal ...

‘Delta’s expansion to lower operational risk’

Tawanda Musarurwa Listed beverages giant, Delta Corporation’s expansion into South Africa, will work to help lower its ...

Lafarge records solid performance

Business Writer Zimbabwe Stock Exchange listed entity, Lafarge Cement Zimbabwe, recorded a solid performance for the ...