CORONAVIRUS WATCH

23 hours ago | July 6, 2020

Mthuli walking the talk on budget

Business Writer Zimbabwe’s overall collections and expenses for the four months showed a very balanced budget indicating ...

Lobby against prohibitive import duty

Ishemunyoro Chingwere  Kwekwe-based mining consumables concern, Intrachem Pvt Ltd, is currently lobbying for import duty ...

Overview of the New Corporate Rescue Proceedings

Tapiwa G Kasuso In June 2018, Zimbabwe enacted the Insolvency Act (Chapter 6:08). The Act repealed the old Insolvency ...

Miners to pay uniform land fees

Business Writer Mining companies will soon be paying uniform land development fees to Rural District Councils (RDCs) and ...

U.S. labour market won’t recover to pre-pandemic level by ...

WASHINGTON, – The Congressional Budget Office (CBO) said Thursday that U.S. unemployment rate in the fourth ...

Old Mutual finally appoints permanent CEO

Londiwe Buthelezi Iain Williamson has been appointed the group’s permanent CEO, effective immediately. The insurer ...

4 days ago | July 3, 2020

Agribank finishes disposal roadmap

Golden Sibanda State owned Agriculture Development Bank (Agribank) has completed a due diligence to ascertain the ...

Hippo mulls alternative funding for Project Kilimanjaro

Tawanda Musarurwa Listed sugar producer, Hippo Valley Estates Limited, is considering alternative sources of funding for ...

Poor rains, power cuts strain Ariston Holdings’ irrigation ...

Business Writer AGRO-INDUSTRIAL concern, Ariston Holdings, says utilisation of its irrigation capacity has been largely ...

Forex auction may rise or fall on two

Golden Sibanda Players in Industry and commerce say the foreign exchange auction system, which replaced the interbank ...

Stocks grew 667 pc in the past 6 months

Business Writer The value of all stocks listed on the Zimbabwe Stock Exchange grew by 667 percent for the first six ...

SA’s current account balance swings to a surplus in Q1

South Africa recorded its first current account surplus in 17 years in the first quarter of 2020 as the trade balance ...

Tesla overtakes Toyota as the world’s most valuable automaker

Tesla displaced Toyota as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to ...

Four unions sign up for voluntary SAA severance packages, but ...

Marelise van der Merwe Four unions at SAA, plus a group of staff representatives, have agreed to sign voluntary ...

5 days ago | July 2, 2020

Fuel price unchanged this week -Zera

Energy sector regulator, the  Zimbabwe Energy Regulatory Authority (Zera) said on Wednesday fuel  prices remain ...

Zim cracks down on illegal miners…. Targets miners in ...

Business Writer The Government has started a process of removing illegal miners in protected areas including national ...

RBZ hikes bank policy rate

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ) on Tuesday more than doubled the bank policy rate in order to curb ...

CBZ says not affected by Covid-19 so far

Oliver Kazunga LISTED financial services group, CBZ Holdings, says the Covid-19 pandemic has not had any effects on the ...

6 days ago | July 1, 2020

‘Second foreign currency auction points towards stability’

Business Writer Zimbabwe successfully held its second straight foreign currency auction in Harare yesterday that saw the ...

ZSE grants Starafricacorporation one month reprieve

Harare, – Sugar producer,  starafricacorporation Limited (SACL) said on Tuesday it had been  granted a one month ...