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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
NetOne launches OneMoneyNETONE yesterday unveiled its mobile money service, which it said would offer Zimbabweans a choice on which platform to use. Speaking at the launch of the service, NetOne acting chief executive office...NewsDayBusiness27 October 2017
Fastjet launches new fare products for more flexible business and leisure travelFastjet customers can now select between two affordable fare products, designed to suit both the business and leisure traveler. This initiative forms part of fastjet's greater customer service enhance...OnlineBusiness26 October 2017
Chrome exports rise by 400 percentThe Minerals and Marketing Corporation of Zimbabwe (MMCZ) says mineral export volumes for the period January to September 2017 have improved ‘significantly’ compared to same period in 2016 largely dri...TheSourceBusiness25 October 2017
Econet demands cash from bulk airtime vendorsECONET Wireless is demanding cash payments “only” from its bulk airtime dealers or resellers, at a time the country is facing a crippling cash crisis, NewsDay has heard. Econet airtime dealers told Ne...NewsDayBusiness25 October 2017
Dunlop gears for re-opening: Acquires new machinery and seeks $12m working capitalAUTO TYRES Zimbabwe, previously known as Dunlop Zimbabwe, is set to resume operations at the beginning of next year after acquiring modern tyre-making equipment that will enhance competitive productio...ChronicleBusiness24 October 2017
Duty-free fertilisers to boost horticultureFarmers have assured Government that they are prepared to produce sufficient horticultural products while taking advantage of the scrapping of import duty on fertilisers. Agriculture, Mechanisation an...OnlineBusiness23 October 2017
Chegutu Canners resumes productionChegutu Canners (Private) Limited has resumed production after a four-year care and maintenance , following a capital injection from parent company Olivine Industries. Chegutu Canners manufactures pro...OnlineBusiness19 October 2017
ZSE sprints past 500-point markLocal investors reacted to a Cabinet reshuffle in the week by piling onto the stock market, leading to the mainstream index hitting another record setting level of 505,32 on Friday.As President Robert...TheSourceBusiness16 October 2017
SMEs Minister says vendor removal goodSMALL to Medium Enterprises and Co-operative Development Minister Sithembiso Nyoni says President Mugabe’s directive to move vendors to designated areas is progressive and will assist in formalisation...ChronicleBusiness14 October 2017
SI 64 saves Zimbabwe 2 billionZimbabwe saved over $2 billion in potential import expenses following the introduction of import control measures under Statutory Instrument 64 of 2016, Vice President Emmerson Mnangagwa said yesterda...HeraldBusiness13 October 2017
Ecocash suspends International paymentsEconet Wireless Zimbabwe’s mobile money platform, EcoCash on Wednesday suspended the use of its debit card to pay for international transactions, as the country’s foreign currency shortage intensifies...TheSourceBusiness12 October 2017
Zim stocks ignore cabinet reshuffle, edge upZimbabwe equities edged up on Tuesday as punters kept up their uptake of local stocks, unimpressed by the appointment of Ignatius Chombo as finance minister. The instability in the money market has fu...TheSourceBusiness11 October 2017
Govt relaxes export regulationsTHE government has trimmed down the list of products that require export licences under the ease of doing export business-rapid results initiative (RRI) launched last year, ZimTrade has revealed. In a...NewsDayBusiness9 October 2017
Zimra surpasses Sept collectionsThe Zimbabwe Revenue Authority (Zimra) surpassed its revenue target by 14,34% in September, with net collections of $373,23 million on the back of tax compliance. BY BUSINESS REPORTER The net collecti...NewsDayBusiness7 October 2017
Stop money printing to save economy: CZITHE Confederation of Zimbabwe Industries (CZI) yesterday urged the central bank to stop excessive money printing through the real-time gross settlement (RTGS), saying this was fuelling inflation and d...FingazBusiness7 October 2017
RBZ cracks whip on banks: Tellers under fireAndile Tshuma, Chronicle ReporterTHE Reserve Bank of Zimbabwe has unearthed malpractices in the banking sector that could be fuelling cash shortages in the country. RBZ Governor Dr. John Mangudya yest...ChronicleBusiness7 October 2017
BAZ seeks another order to bar Kwese TVTHE Broadcasting Authority of Zimbabwe (BAZ) this week approached the High Court again seeking to bar Kwese TV from broadcasting. Kwese TV received a major boost last week after Dr Dish’s application....NewsDayBusiness6 October 2017
Audit unearths rot at ZinaraAN internal forensic audit on the operations of the Zimbabwe National Road Administration (Zinara) has exposed massive financial abuse, including the payment of $71 million and R31 million to contract...NewsDayBusiness6 October 2017
Zim earns $4 billion in 9 monthsThe Reserve Bank of Zimbabwe (RBZ) has revealed that the country earned $4 billion in export receipts between January and September this year, with most of it finding its way out of the formal systems...OnlineBusiness5 October 2017
Zim on course to produce 28 tonnes of goldZimbabwe is on course to meet its target to produce 28 tonnes of gold by year end, driven by increased output from artisanal miners, Finance Minister Patrick Chinamasa has said. Gold production in the...TheSourceBusiness4 October 2017
BIG INTERVIEW: There is no currency crisis, claims ministerFears of a return to the hyperinflation era that preceded the introduction of the multi-currency system in 2009 were heightened in the past fortnight when the value of bond notes tumbled on the parall...TheStandardBusiness2 October 2017
Government lifts soyabean import banGovernment has suspended a moratorium banning the importation of soyabean into the country in an effort to ensure reliable supply of edible oil in the country, oil producers have confirmed. Government...HeraldBusiness27 September 2017
DStv slashes monthly subscriptionsMultiChoice Zimbabwe yesterday announced a major decrease of DStv subscription prices and launched a new, affordable, entry level package unique to the local market to be known as DStv Lite. The price...ChronicleBusiness26 September 2017
RBZ turns screws on cooking oil producersThe Reserve Bank of Zimbabwe (RBZ) is mulling plans to stop allocating foreign currency to cooking oil manufacturers to force them to acquire raw materials locally. The plan comes as the economy is ba...TheStandardBusiness24 September 2017





