Econet sees positive Q3 growth but calls for balanced tariffs

HARARE - Econet Wireless Zimbabwe saw an increase in voice and data traffic in the third quarter to November 30, 2023 but a myriad...

FBC lists Glen Lorne townhouses with pricy mortgage

Ryan Chigoche  FBC Building Society mortgage prices for its Glenlorne Townhouse Project have raised eyebrows, with many wondering if the units will have any takers...

Chengetedzai Depository Company finalising launch of SLB

Talkmore Gandiwa  Chengetedzai Depository Company said it is now finalising the launch of Securities Lending and Borrowing (SLB) which will broaden and widen its product...

SENS enters Zimbabwe with BESS partnership

Sustainable Energy Solutions Sweden Holding AB (SENS) announced its expansion to Zimbabwe by entering into a collaboration agreement with local actor Nyembesi Corporate Services...

Zimplow finalising Barzem acquisition

Itai Ndongwe  Zimplow Holdings is confident that it will complete the acquisition of 49% of Barzem from Barloworld Equipment UK by the end of this...

Access Bank acquires Atlas Mara Zambia, Creates one of Zambia`s top...

ACCESS Bank Zambia Limited  completed its acquisition of African Banking Corporation Zambia Limited, trading as Atlas Mara Zambia  after obtaining all requisite regulatory approvals. Atlas...

Harare needs to urgently review its PPP policy framework

Ryan Chigoche HARARE - There  is need for an urgent review of the Harare City Council PPP policy framework so as lure  private investments into...

Premier African Minerals sees good lithium grades from nearby locations

Itai Ndongwe  HARARE - Premier African Minerals said that drill results from its Zulu lithium plant in Zimbabwe yielded good grades in nearby locations outside...

Dairibord has more appetite for new products after Ginger Pfuko launch:...

Itai Ndongwe HARARE (FinX)  – Dairibord Zimbabwe is capitalising on the growing trend of consumers seeking natural and nutritious food and beverage options by increasing...

Zimra limits consumer spend in wholesalers to US$1000 in new measures

Ryan Chigoche HARARE (FinX) - The Zimbabwe Revenue Authority has limited spending by  consumers in wholesalers to US$1000 per 30 days as part of its...

Zim braces for worse power outages as ZRA lowers Kariba water...

Itai Ndongwe  Zimbabwe is bracing for a repetition of the devastating power disruptions caused by the 2015-2016 El Niño event, a cyclical climate phenomena associated...

Mushayavanhu announced as next RBZ governor

HARARE - FBC Holdings chief executive John Mushayavanhu has been announced as the next Reserve Bank of Zimbabwe governor. He will take over from...

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...