Business News
6 days ago | April 26, 2024
Premier seeks to raise working capital for Zulu Lithium
Business Writer Premier African Minerals issued additional shares to raise approximately £1 million to support its Zulu ...
Power supply remains major threat to business viability
Nelson Gahadza Power supply in developing countries, Zimbabwe included, has become a severe headache for businesses and ...
FCB moves to expand footprint in local market
Michael Tome FIRST Capital Bank (FCB) says it is formulating several mechanisms to enhance the quality of service and ...
WestProp Holdings records stellar performance
Enacy Mapakame Listed property firm, WestPop Holdings Limited, reported a solid performance for the financial year 2023, ...
1 week ago | April 24, 2024
Starlink applies to operate in Zimbabwe
Mthabisi Tshuma THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says the global satellite ...
Stanbic opens additional remote branch for tobacco players
Business Writer Stanbic has opened three additional remote branches in Harare and Karoi as it plays a pivotal role in ...
Discussions on ZiG fuel purchase ongoing – RBZ
Zimbabweans may soon be able to purchase fuel using the new Zimbabwe Gold (ZiG) currency, Reserve Bank of Zimbabwe ...
Nyakudya leaves Zimplow Holdings Limited
Business Writer Agriculture and mining implements supplier, Zimplow Holdings Limited, has announced changes to its ...
Govt still considering re-submitted Harare City Council budget
The Ministry of Local Government, Public Works and Rural Development is still considering the re-submitted Harare City ...
Africa’s ultra-rich are fleeing continent as economic woes bite
moneyweb.co.za By Adelaide Changole, Bloomberg The number of millionaires living in Africa dropped by nearly 20 000 in ...
1 week ago | April 23, 2024
Ecocash Holdings shareholders approve restructuring deal
Business Writer EcoCash Holdings shareholders have approved a plan for some of the company’s units to rejoin ...
1 week ago | April 22, 2024
Victoria Falls Hotels see boost in easter occupancy, tourism ...
Business Writer The Hospitality Association of Zimbabwe (HAZ) has confirmed that Victoria Falls hotels reached a 58 ...
Zimbabwe seeks bridge loan to address debt burden
Business Writer Zimbabwe is currently in negotiations with financial institutions to secure a bridge loan of up to US$2 ...
Masimba receives adverse opinion from external auditor
Business Writer Construction firm, Masimba Holdings, has received an adverse opinion from its external auditor, Grant ...
IMF SDRs not abused -RBZ Governor
Reserve Bank of Zimbabwe (RBZ) governor, Dr John Mushayavanhu, says on Wednesday part of the US950 million Special ...
2 weeks ago | April 20, 2024
Local businessman Taruberekera participates at global AI and ...
Walter Nyamukondiwa Craft Properties Holdings founder, Professor Kudakwashe Taruberekera, is participating at the ...
2 weeks ago | April 19, 2024
Zimbabwe mobile profits fall, putting network quality at risk
Business Writer Mobile network operators in Zimbabwe saw a decline in profits in 2023, which together with power outages ...
RBZ sharpens tools to monitor, evaluate policies
Martin Kadzere This week, the Reserve Bank of Zimbabwe (RBZ) announced a new initiative to improve the monitoring and ...
Engineering sector laments tough operating environment
Enacy Mapakame The Engineering, Iron and Steel (EIS) sector has bemoaned the tough operating environment which has seen ...
Making ZiG fully convertible could lead to dollarisation
Business Writer Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu says making ZiG fully convertible for all ...
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