Business News

12 hours ago | November 25, 2020

Edgars sees a strong Q4

Listed clothing retailer, Edgars Stores Limited forecast to maintain growth trajectory into the fourth quarter of its ...

Cimas introduces nostro medical aid packages

CIMAS Medical Aid Society has introduced three new foreign currency medical aid packages, intended to give those able to ...

Virtual WASHen Expo set for today

THE Zimbabwe International Trade Fair (ZITF) Company would host the 2020 Water, Sanitation, Hygiene and Energy (WASHen) ...

Zimbabwe Gold Smugglers Estimated to Ship $1.5 Billion a Year

More than $1.5 billion of gold is smuggled out of Zimbabwe every year, depriving the cash-strapped economy of crucial ...

Elon Musk overtakes Bill Gates to grab world’s second-richest ranking

Elon Musk’s year of dizzying ascents hit a new apex Monday as the Tesla Inc. co-founder passed Bill Gates to become the ...

U.S. Open Skies Treaty exit puts global peace in peril

Washington announced on Sunday its withdrawal from the Treaty on Open Skies, walking further away from its due ...

3 days ago | November 23, 2020

Companies begin to recover

Zimbabwe Stock Exchange (ZSE) listed companies are beginning to see business recovery with sales volumes registering ...

Zimstat survey reveals Covid-19 impact on incomes, remittances

The Covid-19 pandemic that saw the country going under lockdown for the better part of the four months to July 2020 ...

Zim generates US$150m monthly 

The move by the monetary authorities in March this year to allow the use of free funds ostensibly to ease transacting ...

Apple to pay $113m to US states over iPhone battery complaints

Apple also settled a case with France's consumer watchdog to pay €25 million ($27.4 million) in a related case.

European stocks push higher despite virus surge

Global stock markets moved gingerly Friday, Europe picking up on a day of modest gains in Asia with traders weighing ...

IMF chief urges continued strong policy action to combat ...

International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday called for continued strong policy ...

6 days ago | November 20, 2020

Mthuli targets over $400bn in revenue . . . From an economy whose ...

Golden Sibanda Finance and Economic Development Minister Professor Mthuli Ncube may have given a peek into the projected ...

‘Monetary shocks will destabilise industry’

Tawanda Musarurwa Zimbabwe’s industry players have warned local monetary and fiscal authorities that any unnecessary ...

CAPS new board faces court interdict

Martin Kadzere CAPS Pharmaceuticals Trust (CPT), the majority shareholder in CAPS Private Ltd, has filed an urgent ...

Musina SEZ counts on Zim for resources

Business Writer South Africa will look to Zimbabwe for resources for its proposed Musina-Makhado Special Economic Zone ...

‘Budget surplus not priority’

Golden Sibanda Treasury is not necessarily fixated on achieving surpluses when funding Government programmes through the ...

Innscor Africa performance rebounds

Enacy Mapakame Diversified industrial conglomerate — Innscor Africa Limited — performance rebounded in the first quarter ...

Dawn Properties sees silver-lining

Tawanda Musarurwa Dawn Properties Limited, which is now under the wing of listed hospitality giant, African Sun, expects ...

Q3 results show encouraging signs

Business Writer Zimbabwe Stock Exchange (ZSE) listed firms have demonstrated some resilience despite Covid-19 ravaging ...