Business

PPC Cement has confirmed Matias Cardarelli as the new Chief Executive Officer for the reputable firm. He takes over from Roland van Wijnen, who will stay until the end of...

HARARE – At least 71 percent of an initial ZWL860 billion (US$188 million) budget allocation by treasury was used towards both preparation and holding of Zimbabwe’s August 2023 harmonised elections,...

A new player in the mining industry in Chegutu District, of Mashonaland West Province, Bravura Zimbabwe, has undertaken to employ 90 percent of its workforce from locals. The commitment from...

The Zimbabwe Electricity Supply Authority (ZESA) has stopped recruiting more employees in an effort said be aimed at reducing expenses as the power utility is struggling to meet its financial...

The Zimbabwe Mining and Smelting Company (ZIMASCO), the country’s biggest producer of ferrochrome, has temporarily suspended operations as a result of the high cost of electricity and the decline in...

Bata Shoe Company retrenched 106 workers on Monday last week as economic activities continue on a downward spiral in Gweru City, one of Zimbabwe’s heavy industrial hubs. Bata Country Manager...

ZESA Enterprises will be among the biggest beneficiaries of the Dinson Iron and Steel plant in Manhize following an agreement for the supply of 1 500 tonnes of steel every...

ZIMBABWE will forever be grateful for the support it received from Cuba during and after the liberation struggle, and the two countries should continue to deepen their bilateral relations, a...

Hwange Thermal Power Station’s Unit 7 will start feeding power into the national grid on Wednesday following completion of routine maintenance work on it. This will boost the country’s power...

Vice President General (Retired) Constantino Chiwenga has applauded youth in agriculture for contributing significantly to national efforts to become food and nutrition secure through increased production. He was speaking at...

MultiChoice, the company that owns DStv, is getting ready for potential price hikes in South Africa and the broader African market due to financial challenges. The company is facing difficulties...

Stanbic Bank is committed to enhancing the contribution of the mining industry to the economy, an official has said. The mining sector attracts more than 70 percent foreign direct investment,...

Vendors in Harare have vowed to defy a directive by authorities to vacate the Central Building District (CBD) and the streets they sell their wares from, saying they will only...

The tokens have been available as an investment or store of value in Zimbabwe for some months, and now if both a buyer and seller have ZiG bank accounts and...

The National Railways of Zimbabwe is opening its railway infrastructure to private players in a bid to address capacity challenges it is facing, the General Manager, Respina Zinyanduko, has revealed....

Government has given the Harare City Council a seven-day ultimatum to decisively deal with vendors plying their trade at non-designated spots as this is aiding the cholera outbreak. Failure to...

Econet Wireless has started harvesting the fruits of its investment drive, however the impact of inflation, sub-economic tariffs and the currency depreciation still threatened the company’s earnings. Econet Wireless, the...

The Zimbabwe dollar lost $18.57 to the average $5 774.2758 to the United States dollar at the foreign exchange auction conducted this Tuesday, 21 November 2023. The local currency has...

President Mnangagwa receives the Land Information Management System (LIMS) Audited Farms Database Presentation from the Zimbabwe Land Commission led by Commissioner Tendayi Ruth Bare at State House this morning. The...

The Zimbabwean government is facing calls to enforce its gold pricing policy after allegations emerged that private players are purchasing the yellow metal at higher prices than the State-set rate....

City councilors have elected Ward 4 councilor Alec Tabe as the new mayor, replacing recalled Ward 2 councilor Shantiel Chiwara, in an act that has been referred to by party...

EGYPT’S President Abdel Fattah Al-Sisi and  President Mnangagwa of Zimbabwe met on Tuesday and expressed their desire to strengthen their bilateral relations, especially in the fields of development cooperation. They...

CHINA Jiangsu International has successfully completed the renovation of the right side flight display of the old terminal at the Robert Gabriel Mugabe International Airport. Airport Infrastructure Development is one...

GOVERNMENT remains seized with the implementation of aggressive measures to protect the value of the local currency and ensure inflation remains at acceptable levels, a senior official has said. This...

ZIMBABWE’s industry is embracing global quality to broaden regional and international markets. The 10th Edition of the National Annual Quality Awards, organised by the Standards Association of Zimbabwe (SAZ), were...