Puma to invest US$30m for retail expansion
Itai Ndongwe
Puma Energy Zimbabwe has set aside US$30 million to invest in the Zimbabwean market over the next three years, with the funds going...
RBZ maintains key rate at 130%, calls for more ZWL taxes
HARARE - The Reserve Bank of Zimbabwe has maintained its key bank policy rate at 130% as it continues to stay the course of...
Zimbabwe directs lithium miners to produce carbonates
HARARE - The government has taken a significant step to boost the value of lithium exports by requiring lithium companies to create lithium carbonates...
Budget to be presented in ZWL: FinMin
Ryan Chigoche
HARARE - Despite being instructed by the International Monetary Fund (IMF) to implement a US dollar (USD) budget in order to control inflation,...
ISO 31000 TO REDUCE RISK MANAGEMENT
Benhilda Magomo
Harare- The Ministry of Finance, Economic Development, and Investment Promotion has adopted a risk management framework policy and guidelines that enhance accountability and...
‘Abuse of office tops Zim Crimes” ZACC
Benhilda Magomo
Zimbabwe Anti-Corruption Commission (ZACC) declares criminal abuse of duty and fraud as the leading crimes.
According to the ZACC annual report, of the 684...
Unifreight sees 135% increase in tonnage after fleet investment
Itai Ndongwe
Unifreight said that its volume tonnage climbed dramatically by 135% to 120 000 tonnes from 50 000t in 2022 as a result of...
CBZ posts robust Q3 profit
HARARE - Financial services group CBZ Holdings posted an 1136% growth in profit after tax of $794 billion in the nine months to September...
Zimbabwe Demographic and Health Survey to Start this Friday
Benhilda Magomo
The Zimbabwe National Statistics Agency (Zimstat) in collaboration with the Ministry of Health and Child Care will from this Friday to April 2024,...
Minibus Crush claims 22 lives
Bulawayo - Zimbabwe Republic Police said 22 people were killed and two injured late on Tuesday after a minibus collided with a truck on...
Investigating Officers Present Conflicting Statements n Court
Benhilda Magomo
Harare- Advance Kamhuka re-appeared before a Harare Magistrate in continuation of his drug case, with the Investigating officers presenting conflicting statements with those...
National Debt Surpass National Income by 100%
Benhilda Magomo
Harare- Zimbabwe's continued unsustainable debt surpasses the national income by 99.6% which is unfit for developing countries like Zimbabwe, Economist data has reviewed.
In...
Zesa on a system upgrade
Benhilda Magomo
Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has advised that it will be commencing the Nationwide Prepaid Meter Upgrade Token Identifier (TID Rollover)...
ZIM Host African Finance Ministers
Benhilda Magomo
HARARE- Zimbabwe is set to host the 56th session of the United Nations Economic Commission for Africa Ministers of Finance, Planning, and Economic...
13 Cyclones on the way
By Ruvarashe Mariga.
The Southern Part of Africa is set to be struck by 13 cyclones this rainy season the Southern Africa Regional Climate Outlook...
Government Bans Public Gatherings
The Ministry of Health and Child Care has banned public gatherings in Mashonaland provinces
The leaked Memo to District Medical Officers (DMO) released by Mashonaland...
Government Declares Polio on top of Cholera
Benhilda Magomo
The Ministry of Health and Child Care has declared an outbreak of polio Virus type 2(cvDPV2) in Budiriro, Mbare, and Mufakose
The outbreak comes...
BAT sees 7% decline in cigarettes sales volumes
Rufaro Chimaga
British American Tobacco Zimbabwe (BAT), a tobacco exporter and producer of cigarettes, reported a 7% decrease in cigarette volumes for the nine months...
Padenga Holdings budgets US$40m capex
Itai Ndongwe
Padenga Holdings has budgeted US$40 million capital expenditure in this current financial year and in 2024, which will mostly be invested in its...
Ngundu road discovery: Its not lithium!
Itai Ndongwe
Government says that the discovery that road construction workers stumbled upon in Ngundu, which they believed to be lithium could be nothing more...
