Business News

2 days ago | May 17, 2019

China delegation eyes business, tourism in Zimbabwe

Kudakwashe Mhundwa and Michael Tome HARARE – President Emmerson Mnangagwa`s state visit to the People`s Republic ...

Beer sales drive Delta’s FY19 net profit up 61%

HARARE – Beverages producer, Delta Corporation recorded a 61 percent jump in after-tax profit to RTGS$143.2 ...

Govt to rollout second phase of land audit

Elita Chikwati HARARE – Government is expected to start rolling out the second phase of the national agricultural ...

Tharisa sees progress on Salene, Karo projects

Tawanda Musarurwa HARARE – South African chrome and platinum group metal (PGM) producer Tharisa Plc says it has ...

Stock Market Weekly Review

Enacy Mapakame Gains in heavy cap counters kept the Zimbabwe Stock Exchange (ZSE) in the black as all the benchmark ...

Hwange Power Station funding under threat

Golden Sibanda in Kariba Zimbabwe might face challenges accessing the US$1 billion loan facility from China Eximbank for ...

IMF: Economic reforms on track but . . .

Kudzanai Sharara The International Monetary Fund (IMF) has given the nod to fiscal policy measures that are currently ...

Zim’s GDP to bounce in 2020: Mthuli

Africa Moyo  and Tawanda Musarurwa Zimbabwe’s Gross Domestic Product (GDP) is expected to rise significantly in 2020, ...

Debt hurdle poser for power imports

Golden Sibanda Zimbabwe’s plans to import power from the region to cover its acute internal power supply deficit ...

Efficient forex markets needed

Markets are usually efficient in the long run and are generally accepted as the most efficient way to allocate ...

RBZ fast tracks fuel deliveries

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) says it has worked out a mechanism to ensure Letters of Credit (LCs) ...

Load-shedding: Crisis that was long coming

Taking Stock Kudzanai Sharara When Zesa announced it would implement load-shedding across the country, the main reason ...

BAZ re-elects FBC boss

Business Writer Fbc Bank Limited managing director Webster Rusere, has been given a vote of confidence by the Bankers ...

AngloPlat commissions US$62m Unki smelter

 Enacy Mapakame Anglo American Platinum on Thursday commissioned a $62 million smelter at its Unki Mine in Shurugwi, as ...

Blanket Mine Q1 output down by 8pc

Oliver Kazunga GOLD output at Blanket Mine in Matabeleland South was 11 948 ounces in the first quarter reflecting an 8 ...

Govt owed US$206m in mining taxes

Blessings Chidakwa Government is owed a cumulative US$206m in unpaid mining taxes and has since declared that it will ...

Making informal businesses formal

Kudzai M. Mubaiwa There are contentions over what the true unemployment rate is in Zimbabwe. Some postulate that it is ...

SA companies plan to go off grid

Forward-thinking businesses in SA are now starting to confront life without Eskom by putting plans in place to generate ...

Delta in strong performance despite forex headwinds

Kudzanai Sharara and Fradreck Gorwe Changes made in both the monetary and fiscal environment in October last year, saw ...

Did you know?… Rainbow Tourism Group history

Zimbabwe Stock Exchange (ZSE) listing, Rainbow Tourism Group (RTG), emerged in 1992 with the Government’s ...