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Deadline set for diamond firms
Minister ChidhakwaLloyd Gumbo Senior Reporter— GOVERNMENT has given all diamond mining companies in Zimbabwe a deadline to be part of a consolidated company. All the diamond mining firms in Chiadzwa,...
View ArticleHow US, EU mitigation plans may shape Paris deal
Jeffrey Gogo Climate Story AS Africa fine tunes forced plans towards the common global mitigation goal, two important decisions will be delivered this March that greatly influence the possible shape...
View ArticleFailed deals deter investors
Albert Norumedzo In the Money A common phrase that defines logic defying behaviour is one that says “Fools rush in where brave men dread”. It is also in that same line of thinking that most would say...
View Article‘State bodies must drive value addition’
Golden Sibanda recently in VICTORIA FALLS GOVERNMENT and State institutions should take the lead role in the accelerated industrialisation and transition of SADC economies from exporting primary...
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ZimTrade to launch rebranded export marketing course
Business Reporter ZimTrade will launch its reviewed and rebranded export capacity building programme, Marketing and Branding for International Competiveness (MBIC), on March 25 2015, at the Golden...
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Zimplats honours $10m community pledge
Conrad Mwanawashe Business Reporter PLATINUM group Zimplats expects to take delivery of the first load of equipment for its base metal refinery in October in time to help the miner meet its 2016...
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$4m boost for Sino-Zim
Tinashe Makichi Business Reporter LOCAL cement manufacturer Sino Zimbabwe Cement Company is now operating at 60 percent capacity utilisation following a $4 million investment in a three-phased plant...
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AfDB approves $50m facility to ABC
AFDB HEADQUARTERS IN TUNISBusiness Reporter The African Development Bank (AfDB) through its private sector window has approved a seven-year $50 million line of credit to ABC Holdings and its...
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ZSE now a private company
Corporatisation of the ZSE will result in the separation of trading rights, ownership and management (independent board and executive management)The Zimbabwe Stock Exchange is now a fully fledged...
View ArticleShopping mall for Chipinge
Work on the construction of a shopping mall and business centre in Chipinge has officially begun, following a ground-breaking ceremony at the site on March 4. Public Service, Labour and Social Welfare...
View ArticleJourney towards financial inclusion begins
Eldrette Shereni Financial inclusion is the delivery of financial services at affordable costs to sections of disadvantaged and low-income segments of society, in contrast to financial exclusion where...
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‘Fall in global oil prices unlikely to bring much relief’
Business Reporter ZIMBABWE will not “meaningfully” benefit from the sharp decline in global oil prices compared to other regional countries due to the high overheads incurred by local fuel...
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Virginia tobacco exports rake in over $200 million
Virginia tobacco exports have so far earned the country $211,9 million with China remaining the leading exporter after buying 19,3 million kg worth $166,7 million at $8,63 per kilogrammeBusiness...
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NicozDiamond to earn $6m from housing project
NicozDiamond chief executive Mrs Grace MuradzikwaShort-term insurer NicozDiamond has completed 20 units under the first phase of its Hatfield Diamond Villa project, an official has said. Chief...
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Washaya gets NMBZ top post
Mr Benefit Washaya (far left)Conrad Mwanawashe Business Reporter ACTING NMBZ Holdings Limited chief executive officer Mr Benefit Washaya has been confirmed as the group’s substantive boss, taking over...
View ArticleRaw milk output up 2,6pc
Zimbabwe’S raw milk production for the first two months of the year rose 2,8 percent to 8,8 million litres compared to 8,5 million recorded last year. Statistics from the Dairy Services Unit in the...
View ArticleChecklist for potential informal sector funding sources
Sanderson Abel The financing of informal sector has been a subject of great interest – both to policy-makers and informal sector players – because of the significance of informal sector in today’s...
View ArticleWinter wheat preps underway
The Zimbabwe Farmers’ Union (ZFU) has said preparations for the 2015-16 winter wheat farming season are underway, but indications are that few farmers are taking up the crop due to financial hardships....
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ZFC to invest $8m in plant upgrade
Obsolete plant and equipment contributed to low uptake of ZFC products during the 2014-15 seasonFERTILISER manufacturer ZFC Limited will invest $8 million in the next five years towards refurbishments...
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Airzim eyes Euro certification
National airline Air Zimbabwe has come up with an ambitious plan to go for European Aviation Safety Agency certification and establish an aircraft maintenance centre that it hopes will become a hub...
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