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Zimplats takes delivery of BMR equipment
Zimplats officials show journalists some of the new equipment that was acquired for the refurbishment of the base metal refinery (BMR) in Selous on Tuesday. — (Picture by Kudakwashe Hunda)Tawanda...
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ZPC gets Gwanda solar project licence
Eng MagomboBusiness Reporter THE Zimbabwe Energy Regulatory Authority (ZERA) has granted Zimbabwe Power Company licence for its $140 million Gwanda solar plant project, which will have capacity to...
View ArticleTIMB to manage fund: Govt
The Zimbabwe government has defended its decision to transfer management of a tree planting program, funded from a 0,75 percent levy on tobacco sales, from the Forestry Commission to the Tobacco...
View ArticleAfrica needs roads and bridges, cooking oil and cement
Boakai Fofana ADDIS ABABA. — Roads and railways, bridges and harbours – that’s what we need to invest in if we are to grow Africa’s economies and provide jobs for the millions of young people who want...
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Kasukuwere calls for Shelter Afrique’s recapitalisation
Minister KasukuwereBusiness Reporter Shelter Afrique was this year hit by a liquidity crunch, forcing the financial institution to call for capital from shareholders. Shelter Afrique is the only...
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New Ford Transit car for serious transporters
Ford TransitTinashe Makichi Motoring The all new Ford Transit combines the strength of a heavy truck with the agility of a light commercial vehicle and for commercial players including transporters,...
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Mandiwanzira meets ZTE boss
Minister MandiwanziraBusiness Reporters ZTE CORPORATION, a global leader in telecommunications and information technology is pushing to expand into key investment opportunities in Zimbabwe with its...
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Agribank invests $2,1m in irrigation schemes
Minister MadeLivingstone Marufu AGRIBANK has invested over $2,1 million into irrigation infrastructure across the country in an effort to improve agriculture productivity and casting the food security...
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Non-life insurers premium rises
IPEC commissioner Tendai KarongaEnacy Mapakame Business Reporter Total gross premium written (GPW) for non-life insurers for the period to June 30, 2017 rose 9 percent to $124,9 million compared to...
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Govt raises red flag on export licensing
Munesushe MunodawafaTinashe Makichi Business Reporter Government has raised the red flag on continued use of a manual mineral export licensing system arguing that it is vulnerable to manipulation. This...
View ArticleEntrepreneurship key to economic development
Entrepreneurship has been viewed as key in economic development. As a University with a technology and entrepreneurship mandate, the Harare Institute of Technology, in partnership with Homelink, (a...
View ArticleiPhone X first day glitch
Some iPhone X customers said they couldn’t activate their new devices on Friday, a hiccup for Apple’s most important product launch in years.One of the first steps in the activation process requires...
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Bonn climate summit: what’s at stake?
Donald TrumpJeffrey Gogo Climate Change As the world meets for the annual UN climate negotiations beginning in the German city of Bonn today (Monday, Nov. 6), one of the key issues is the contradiction...
View ArticleZimasco makes profit of $45m
Midlands Bureau Kwekwe based chrome smelting company Zimbabwe Mining and Smelting Company (Zimasco), which is under judicial management, has made a turnover of more than $158 million within the past 16...
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Zim courts Korean investors
Harare mayor Bernard Manyenyeni (left), South Korean Ambassador to Zimbabwe Cho JaiChei and Principal Director in the Ministry of Energy and Power Development, Engineer Steven Dihwa (right) listen to...
View ArticleOPC mobilises $100m to reduce budget deficit
Business Reporter THE Government will mobilise $100 million from the local market to reduce the budget deficit as part of various initiatives that are expected to stimulate the country’s ongoing Ease...
View ArticleSadc insurance laws to be harmonised
Enacy Mapakame Business Reporter THE Committee of Insurance, Securities and Non-Banking Financial Authorities (CISNA) is looking at harmonising laws governing insurance and capital markets across the...
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Import Bill drops 11,2pc
Import – pic from ServerPressOliver Kazunga Senior Business Reporter THE country’s import bill has dropped by 11.2 percent between June and September to $439,6 million, trade figures from the Zimbabwe...
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How investors can benefit from examining company information
Investment file picture picture from -brilliant-ag.deTransparency can be defined as the degree to which information about trading (both for pre-trade and post-trade information) is made publicly...
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NRZ, ZIMASCO sign Mozambique agreement
The agreement should guarantee the movement of large amounts of chrome and of iron ingots to the ports of Beira and Maputo along the Mozambican rail networkMOZAMBIQUE’S publicly owned port and rail...
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