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Man axes sekuru to death and buries corpse in shallow grave after he advised him to advance his education
Business News
The latest Zimbabwe news, from NewsDay, Herald, Chronicle and more. 154 stories
Millions lost through scrap metal exportsIshemunyoro Chingwere Business ReporterZimbabwe could save at least $11 million per month and hundreds of jobs if it stops exporting scrap metal and beneficiate it locally, the Zimbabwe Institute of F...HeraldBusiness27 July 2018
Vendors back ED, Zanu-PFFelex Share Senior ReporterVendors and informal traders yesterday endorsed President Mnangagwa assuring him they will vote for him and Zanu-PF on Monday next week as they had suffered enough at the ha...HeraldBusiness27 July 2018
Zimra busts smuggling syndicateAfrica Moyo Business ReporterTHE Zimbabwe Revenue Authority (Zimra), which is deepening its battle against corruption and smuggling, seized an assortment of goods worth thousands of dollars at the Bei...HeraldBusiness26 July 2018- 60% of Bulawayo shopping complex capital needs metConstruction of a $12 million shopping complex in Bulawayo’s Cowdray Park suburb by Sai Enterprises is on course, with $6 million of the project’s total capital requirements having been spent, an offi...NewsDayBusiness26 July 2018
- OneMoney spurs NetOne Q1 active subscriber baseMOBILE telecommunications firm, NetOne, says its mobile financial service — OneMoney — increased its active subscribers by more than 49% in the first quarter of the year, due to the increase in the us...HeraldBusiness24 July 2018
Cotton makes a comebackBusiness ReporterZimbabwe’s cotton deliveries have reached 100 000 tonnes – surpassing last year’s national output of 74 000 tonnes, The Cotton Company of Zimbabwe has said. At its peak in 2013, the c...HeraldBusiness24 July 2018
Tobacco deliveries hit record 238m kgElita Chikwati Senior Agriculture ReporterThe 2018 flue-cured tobacco deliveries have reached a record 238 million kilogrammes, the highest ever in the history of the country. The previous record was....HeraldBusiness24 July 2018
Pay rise for civil servantsAbigail Mawonde Herald CorrespondentGOVERNMENT is effecting a 17,5 percent Special Civil Service Allowance in fulfilment of an agreement it reached with its workers at the National Joint Negotiating C...HeraldBusiness18 July 2018
Econet Infrastructure Investment Sets Building Blocks For Digital TransformationA postal and telecommunications sector performance report has shown Econet Wireless leading in the information, communication technology (ICT) industry infrastructure investment. The report, unveiled....263ChatBusiness13 July 2018
Shiri calls AMA to orderMartin Kadzere Senior Business ReporterMinister of Lands, Agriculture and Rural Resettlement Perence Shiri, has taken a swipe at the Agricultural and Marketing Authority for weak regulatory enforcemen...HeraldBusiness13 July 2018
Oil Price SlidesOil slid after a government report showed a surprise increase in US crude stockpiles. Futures dropped as much as 1,7 percent in New York following the US Independence Day holiday. Inventories rose 1,2...HeraldBusiness6 July 2018
Milk imports declineKudzanai Sharara in NyangaInvestments made in the dairy sector at both farm and processing level coupled with the implementation of SI64, have seen the amount spent on importation of milk and milk-bas...HeraldBusiness6 July 2018
POTRAZ Looking Into EcoCash 'Technical Challenges'The Telecommunications Industry regulator, POTRAZ, has reportedly engaged Econet to seek clarification over the breakdown of their mobile money platform. EcoCash started working again yesterday aftern...TechZimBusiness5 July 2018
Old Mutual's centre to jumpstart informal sectorZIMBABWE Stock Exchange-listed financial services group, Old Mutual, says its $21,4 million state-of-the-art small to medium enterprises (SMEs) Eastgate Market in Harare would be opened next month. Sp...NewsDayBusiness5 July 2018
ZSE stocks continue to fall unabatedThe weakness on the Zimbabwe Stock Exchange persisted last week with all four indices closing in the negative territory as panic increases due to inflation fears work their way out. At the close, the....HeraldBusiness22 January 2018
Zimra appoints Commissioner-GeneralTHE Zimbabwe Revenue Authority (Zimra) has appointed Ms Faith Mazani as its new Commissioner-General with effect from February. She takes over from Mr Gershem Pasi, who resigned in May last year citin...ChronicleBusiness20 January 2018
Fuel price goes upTHE price of petrol and Diesel-50 has gone up by two cents to $1,41 per litre on the back of a rise in “free on board” (FOB) prices, a move that is expected to trigger another round of price increases...NewsDayBusiness18 January 2018
'Bond notes to stay'Bond notes will remain in circulation until Zimbabwe introduces its own currency, Finance and Economic Planning Minister Patrick Chinamasa has said. Responding to questions on the fate of the bond not...HeraldBusiness18 January 2018
South African tycoon to invest $1,2 billion in ZimSOUTH African tycoon Mr Robert Matana Gumede arrived in the country last night to cement a $1,2 billion investment deal in key sectors of the economy which include infrastructure development, energy,....ChronicleBusiness15 January 2018
Air Zim set to get new planesTHE Ministry of Transport and Infrastructural Development plans to buy three Embraer ERJ145 aircraft for Air Zimbabwe at a cost of US$6 million and lease two other similar aircraft which will ply rout...OnlineBusiness13 January 2018
RBZ dismisses documents as fakeThe Reserve Bank of Zimbabwe (RBZ) has distanced itself from fake documents circulating on social media purporting to be confirmation of negotiations between the central bank and a South African compa...HeraldBusiness12 January 2018
Zim to resume diamond salesZimbabwe is planning to resume auction of diamonds next month, having suspended sales in February last year following the merger in 2016 of companies previously operating in the Chiadzwa area of Maran...HeraldBusiness12 January 2018
Time Bank re-opens on MondayTime Bank of Zimbabwe, one of only four remaining indigenous banks will finally open its doors to the public on Monday next week after over a decade of dormancy and running court battles. The commerci...HeraldBusiness4 January 2018
Major investor for ARDA Katiyo tea estateGood times are set to return to the Eastern Highlands tea industry, following revelations that an investor to partner ARDA Katiyo will be announced in the next three weeks. Eastern Highlands plantatio...OnlineBusiness4 January 2018