Local

9 months ago | July 18, 2023

Forex challenges hamper Econet’s US$135 million capex programme

Oliver Kazunga Senior Business Reporter ECONET Wireless Zimbabwe says its US$135 million capital expenditure programme ...

VFEX activity picks up in Q2, but ZSE slows

Business Reporter The volume and value of trades that were settled on the Victoria Falls Stock Exchange (VFEX) ...

9 months ago | July 17, 2023

Zimplow starts trading on VFEX

Enacy Mapakame  Diversified engineering firm Zimplow Holdings Limited started trading on the Victoria Falls Stock ...

ZHL to concentrate on infrastructure development

 Business Writer Zimre Holdings Limited has registered a Real Estate Investment Trust (REIT)  to spearhead value ...

IDCZ to venture into sugar processing

Business Writer The Industrial Development Corporation of Zimbabwe (IDCZ) plans to invest in a sugar and ethanol project ...

Zimplow lists on VFEX as the forex bourse grows

Enacy Mapakame The Zimbabwe Stock Exchange (ZSE) says listing of Zimplow Holdings Limited on the Victoria Falls Stock ...

Cottco taking prudent approach on spending

Business Writer The Cotton Company of Zimbabwe (Cottco) says it is taking a prudent spending approach to avoid carryover ...

‘Zimbabwe lithium sector secure under global giant investors’ ...

Oliver Kazunga ZIMBABWE’S lithium industry is secure, taking into account that most of the projects are being ...

Current FX exchange stability remains fragile – Report

Business Writer  The exchange rate stabilisation currently being witnessed in the country is only temporary, as there is ...

10 months ago | July 14, 2023

Surge in global lithium demand boon for Zim

Business Writer Zimbabwe is set to benefit from the global surge in lithium demand, analysts have predicted, after a new ...

Projected 6pc GDP growth unattainable

Tapiwanashe Mangwiro The Ministry of Finance and Economic Development has projected a 6 percent Gross Domestic Product ...

Investors stampede for energy sector, ZIDA

Nqobile Bhebhe Zimbabwe Investment Development Agency (ZIDA) has attributed the influx of potential investor inquiries ...

Prudent liquidity management crucial

Business Writer Prudent liquidity management remains key to taming inflation and exchange rate volatility in the short ...

New products potential rivals to old brands

Business Writer The emergence of new products on supermarket shelves — rivalling known traditional brands — could ...

FDI into Zim jumps to US$600m

Business Writer Zimbabwe saw a significant jump in investments in the second quarter of the year with the mining sector ...

Gold deliveries dip 11pc

Business Writer ZIMBABWE’S gold deliveries in the first six months of the year dipped by 11,2 percent to 14,181 tonnes ...

Old Mutual predicts fragile environment

Business Writer Diversified international financial services firm, Old Mutual, says it anticipates a fragile political ...

10 months ago | July 13, 2023

IDCZ increases size of revolving loan facility to businesses

Business Writer The Industrial Development Corporation of Zimbabwe (IDCZ) has increased the size of its revolving credit ...

Border Timbers receive offer for controlling stake in the company

Business Writer Border Timbers said on Monday it received an offer from Cicada Plantations Zimbabwe (CPZ), which seeks ...

10 months ago | July 12, 2023

Gutu Mpandawana welcomes First Mutual’s commitment to ...

Business Writer A ray of hope shone into Gutu at Maungwa High School during the weekend of July 1st to 2nd as First ...