FINANCIAL SERVICES

European Investment Bank warms up to Zimbabwe

The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...

By Staff reporter | Published: 02 June 2022

Nestlé Zimbabwe fosters Agripreneurship

Food and beverages concern, Nestlé Zimbabwe, says its National Dairy Empowerment Scheme (NDES) has evolved to focus on agripreneurship as it seeks to scale up output and build competences in farmers....

By Staff reporter | Published: 02 June 2022

ZIMBABWE

Zim$ depreciates 27.28% as Reuters goes live

The Reuters foreign currency trading platform went live today, marking Zimbabwe's long-delayed step towards a transparent and effective foreign exchange trading platform.This also comes as Bureaux de ...

By Staff reporter | Published: 18 March 2020

BUSINESS NEWS

Zimbabwe introduces Reuters system for forex trading

GOVERNMENT has introduced a Reuters system for foreign currency trading which allows banks to trade freely as a way of stabilising the exchange rate as well as bringing down inflation to sustainable l...

By Staff reporter | Published: 11 March 2020

BUSINESS NEWS

No more need to queue for fuel

LOCAL company ezFuelapp.com has launched its first patent registered mobile application which enables Zimbabweans to purchase fuel online.  The mobile application is now available for download on...

By Staff reporter | Published: 22 October 2019

POLITICS

Europe pushes for Mnangagwa, Chamisa talks

THE European Union (EU) is ramping up pres- sure on President Emmerson Mnangagwa to hold much-needed talks with opposition leader Nelson Chamisa. This comes as Mnangagwa is battling to put back on tra...

By Staff reporter | Published: 11 October 2019

MINING & RETAIL

Eureka Gold Mine targets re-opening by April 2021

Gold production at Eureka Mine in Guruve is expected to resume within the next 18 months with refurbishment and rehabilitation work progressing well.At its peak , Eureka Gold Mine was the country's pr...

By Staff reporter | Published: 02 October 2019

POLITICS

Mnangagwa halts Mugabe mausoleum construction

GOVERNMENT has stopped construction of what was supposed to be late former President Robert Mugabe's mausoleum at the National Heroes Acre two days after he was buried at his rural Zvimba home, NewZim...

By Staff reporter | Published: 01 October 2019

OPINION

How Chinhara built his Glow Petroleum empire

Gift Phiri sits down for a wide-ranging interview with Glow Petroleum Trading (Private) Limited managing director Aaron Chinhara about his journey in the fuel retail, mining and commodity broking busi...

By Staff reporter | Published: 28 April 2019

POLITICS

EU nod for progress in Zimbabwe reforms

The European Union (EU) yesterday acknowledged that there are some positive steps towards the attainment of political and economic reforms by Zimbabwe. Speaking after meeting President Emmerson Mnanga...

By Staff reporter | Published: 26 April 2019

POLITICS

Long fuel queues blamed on panic buying

Fuel service stations are getting the normal supplies of a combined eight million litres daily but panic buying by motorists in anticipation of price increases and the festive season has resulted in l...

By Staff reporter | Published: 03 December 2018

BUSINESS NEWS

Mnangagwa to wield axe on pharmaceuticals

Players in the pharmaceutical industry insisting on charging medical drugs and other consumables in foreign currency despite receiving support from the central bank are set to lose their routine forei...

By Business Weekly | Published: 30 November 2018

MINING & RETAIL

New twist to Makomo, Zambezi Gas coal field feud

The coal claims feud pitting Zambezi Gas and Makomo Resources has taken a new twist, amid reports that there may have been an "error" in the former's special grant.Zambezi Gas says its special grant g...

By Staff reporter | Published: 25 November 2018

BUSINESS NEWS

Top entrepreneurs, firms talk service innovation

A CUSTOMER service symposium held last week attracted Zimbabwe's top entrepreneurs and firms, including quoted companies who gathered in Harare to explore strategies on how the country could catch up ...

By Staff reporter | Published: 17 September 2018

TRANSPORT & TOURISM

African Sun euphoric about conferencing, foreign visits

AFRICAN Sun Limited (ASL) has announced it will spend $2,1 million in the last quarter of 2018 on refurbishments to improve standards of its hotels and boost occupancy in the future.Africa Sun plans t...

By Staff reporter | Published: 10 September 2018

BUSINESS NEWS

Saboteurs behind price increases

PRICE increases that were reported in the country last week were being fuelled by political and economic speculators who were aiming at scuttling the acceptance of President Mnangagwa's new Cabinet, a...

By Staff reporter | Published: 09 September 2018

POLITICS

EU provides $20m facility to fight gender imbalance

THE European Union (EU) has set up a $20 million facility to fight all forms of gender-based abuse and violence.EU Ambassador to Zimbabwe Philippe van Damme confirmed the development last week, saying...

By Staff reporter | Published: 23 July 2018

POLITICS

EU, US support Zanu-PF, claims Mutsvangwa

MANICALAND Provincial Affairs minister Monica Mutsvangwa on Saturday claimed that Zanu-PF had support of most European countries and the United States because of the peace prevailing in the country ah...

By Staff reporter | Published: 10 July 2018

POLITICS

EU mission wants free, fair elections

THE European Union Observer Mission chief election observer, Elmar Brok, yesterday said Zimbabwe should "undo" past wrongs by a free, fair and credible election this year and urged the Zimbabwe Clecto...

By Staff reporter | Published: 07 July 2018

POLITICS

'Chigumba is an able lawyer' claims EU observer mission

The European Union Election Observer Mission in Zimbabwe has described Zimbabwe Electoral Commission chair Justice Priscilla Chigumba as an able lawyer who "knows very much the law and sticks to the l...

By Staff reporter | Published: 07 July 2018

INDUSTRIALS & ENERGY

$25m pharmaceutical warehouse project stalled

THE construction of a $25 million state-of-the-art national pharmaceutical warehouse funded by China has hit another snag after the government shifted goal posts yet again.Beijing and Harare signed an...

By Staff reporter | Published: 06 July 2018

POLITICS

Zimbabwe army vows neutrality in election

Zimbabwe's military vowed on Wednesday to stay neutral in upcoming elections, dismissing suggestions it would deploy service personnel to influence national polls scheduled for July 30.The military is...

By AFP | Published: 04 July 2018

POLITICS

Noah Manyika reports Zanu-PF to EU observers

BUILD Zimbabwe Alliance (BZA) presidential candidate Noah Manyika says he has notified police and election observer missions that Zanu-PF supporters are engaging in electoral malpractices ahead of the...

By Staff reporter | Published: 04 July 2018

MINING & RETAIL

Eureka Gold Mine went cheap, says UK firm

The acquisition of the Eureka Gold Mine by global mining group, Vast Resources' was an "exceptionally cheap acquisition", according to a United Kingdom-based independent research company, Equity Devel...

By Staff reporter | Published: 29 June 2018

POLITICS

CIO agent harasses EU poll observers

A MEMBER of the Central Intelligence Organisation (CIO) based in Chiredzi caused a scene early this week after he harassed two members of the European Union (EU) pre-election observer team, demanding ...

By TellZim | Published: 29 June 2018
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