Companies

January 28, 2020
By Alois Vinga BINDURA Nickel Corportaion’s (BNC),Freda Rebecca Gold Mine has approved the payment of salaries for its employees in United States dollars , becoming one of the few employers agreeing to settle salaries in a functional currency. In a statement signed by the company’s manager , Eliakem Hove...
Econet’s Cassava Smartech bemoans hyperinflation, subdued demand
January 27, 2020
By Alois Vinga ECONET subsidiary, Cassava Smartech has bemoaned the reemergence of the...
Sable Chemicals to construct solar energy generating plant
January 27, 2020
By Staff Reporter In a bid to ease power cuts currently being experienced...
Textile giant David Whitehead resumes operations, struck off judicial management
January 25, 2020
By Leopold Munhende KADOMA based former textile giant David Whitehead (DWTL) has been...
PPC Clears Bond Programme With S&P Global Ratings
January 18, 2020
By Alois Vinga LISTED cement producer, Pretoria Portland Cement Company says it has...
CBZ reintroduces international travel insurance
January 17, 2020
By Business Reporter CBZ Insurance has reintroduced its international travel insurance set to...

Markets

January 22, 2020
By Bulawayo Correspondent THE Grain Millers Association of Zimbabwe (GMAZ) has acquired 100 000 tonnes of maize from South Africa and Brazil with the first consignment of the staple starting to trickle into the country early next week. Speaking to journalists soon after meeting various stakeholders in Bulawayo Tuesday,...
Raw Materials Dominate Zim’s Export List 
January 16, 2020
By Alois Vinga ZIMBABWE’s export list continues to be dominated by raw materials...
Govt summons milling firms amid acute mealie meal scarcity
December 26, 2019
By Staff Reporter GOVERNMENT has summoned Zimbabwean milling firms for a fresh registration...
Meikles Hotel’s Sale Awaits RBZ Nod as Room Occupancy Plummets 7%
December 18, 2019
By Alois Vinga MEIKLES Limited executive chairman, John Moxon Tuesday said the group...
Mealie Meal prices set to shoot up again as govt dithers on grain subsidy
December 11, 2019
By Staff Reporter THE price of mealie meal could shoot up again as...
Roller meal prices come down as govt grain subsidy takes effect
December 9, 2019
By Staff Reporter ROLLER meal prices have come down following a recent government...

Economy

January 26, 2020
By Alois Vinga BUSINESS leaders have poured scorn on Finance Minister Mthuli Ncube’s recent claims the Zimbabwean economy was on a path to recovery. Ncube was speaking to international media on the sidelines of the 2020 World Economic Forum Annual Meeting in Davos this past week. The Treasury boss...
Malaba forex ruling will erode investor confidence – Experts
January 25, 2020
By Alois Vinga BUSINESS experts have described the recent court judgment passed by...
RBZ threat to freeze bank accounts of forex wheeler dealers
January 25, 2020
By Alois Vinga THE Reserve Bank of Zimbabwe (RBZ) has threatened to freeze...
Interbank market transactions hit US$1.5 billion – RBZ
January 24, 2020
By Alois Vinga THE Reserve Bank of Zimbabwe’s (RBZ) has reported the interbank...
Higher denomination notes to be introduced soon – Mthuli Ncube
January 23, 2020
By Alois Vinga A NEW set of Zimbabwean bank notes ranging from $10...
Ncube Sees Zim Inflation Stabilizing After Skyrocketing To 500%
January 22, 2020
Bloomberg News Zimbabwean inflation is beginning to stabilize, even with consumer prices increasing...