PARLIAMENT has recommended that the country's rail system should be repaired to enable transportation of coal supplies to companies such as Ziscosteel.This came out in a report on Ziscosteel which was...
DEFUNCT Bulawayo-based tyre manufacturer Auto Tyres Zimbabwe needs about $12 million working capital to resuscitate operations, an official has said.Formerly, Dunlop Zimbabwe, the giant firm stopped p...
Rainbow Tourism Group (RTG) revenue for the first five months this year has gone up 16 percent to $11,1 million from $9,6 million during the same period last year due to improved occupancy acros...
STATE-owned diamond mining firm, Zimbabwe Consolidated Diamond Company (ZCDC) has grown its balance sheet to almost $250 million on the back of an intensive investment drive that sought to build asset...
In a move to enhance destination awareness and foster market visibility, the Zimbabwe Tourism Authority (ZTA) has appointed VFS Global to promote Zimbabwe as a preferred tourism destination in both In...
Zimbabwe's gold production continues to increase after hitting 13.3 tonnes in the five months to May this year which is already higher than the 9.9 tonnes achieved during the first half last year.Stat...
The majority of trade transactions across the world are conducted on open account terms, supported by a purchase order and invoice with mutually agreed payment terms as the basis for trust, according ...
Zimbabwe needs to fix its foreign exchange shortage if it is to attract more investment, RJ Corporation chairperson Ravi Jaipuria said.RJ Corporation owns Varun Beverages which in turn holds the Pepsi...
A STORM has rocked Telecel Zimbabwe over its ownership structure, as two directors James Makamba and Gerald Mlotshwa, are both claiming chairmanship of the country's third largest telecoms group.Makam...
President Mnangagwa yesterday commissions a $30 million Varun Beverages plant in Harare and called for more foreign companies to be part of the country's new economic drive aimed at upgrading people's...
Government has launched the Zimbabwe Motor Industry Development Policy (ZMIDP) that is expected to see the sector ramping up capacity from the current levels of under 10 percent to full capacity by 20...
Once Zimbabwe's iconic departmental store, Greatermans Stores, is set to lose various electrical goods over a long standing debt to a local company.Greatermans Stores closed shop a few years ago to pa...
ZAMBEZI Gas, a coal mining firm in Hwange, is breathing fire over its loss of 11 720 hectares of land allegedly to Makomo Resources under unclear circumstances.Owned by locals, some of whom have opera...
A South African based women's investment Initiative Black Women in Business Forum (BWBF) has agreed to sign an investment deal with Zimbabwe's Leading Business Women's Association (LBWA). The investme...
Angola, Sudan and Zimbabwe are among the top five countries with national carriers that are failing to repatriate revenue from ticket sales to other airlines, APA reported on Tuesday.According to the ...
South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent shareholding in Karo Mining Holdings for $4.5 million.It also bought chrome business Sal...
The country is expected to add over 20 000 cows to its national herd within the next months following the successful implementation of Zas-led artificial insemination process, a senior government offi...
POULTRY feeds production increased by 10% in quantity to 74 241 metric tonnes (mt) in the first quarter of the year, raking in more than $46 million, an industry official has said.In an industry updat...
RICH diamond deposits have been discovered in Marondera West, with government saying it would only start mining operations after crafting a new diamond law in August.President Emmerson Mnangagwa confi...
AS the Telecel Zimbabwe ownership wrangle rages on co-founder, Dr James Makamba, has refuted media reports that he has exited the country's third largest mobile network operator, saying he remains in ...
Insurance giant First Mutual Holdings Limited (FMHL) recorded a 35 percent jump in profit after tax to $5 million in the five months to May 2018, compared to $3,7 million achieved in the same period l...
SHANGHANI Gold Miners' Association executive member, Ms Henrietta Rushwaya, is set to take over as new Zimbabwe Miners' Federation (ZMF) president tomorrow after she successfully filed her nomination ...
Government has started exploration of limestone deposits in Zvishavane which have the potential to generate millions of dollars for the country.Mines and Mining Development Minister Winston Chitando s...
STATE diamond mining entity, Zimbabwe Consolidated Diamond Company (ZCDC), will invest $400 million under its vision 2025 plan as part of efforts to meet set production target of at least 10 million c...
SeedCo says it is occupied with dealing with product shortfalls which have negatively impacted on the seed company.The Zimbabwe Stock Exchange-listed pan-African company's chief executive officer Morg...