High void rates and low rental yields to persist in 2020: Integrated Property

HARARE - The property market in Zimbabwe is likely to see an increase in voids and occupancy rates in the different properties sector, according to Integrated Property’s Q1 2020 report. According to the report, the Office...

The Zimbabwe National Gazelles Programme for SME’s launched

A Small to Medium Enterprises  programme designed  to  support  and accelerate the growth of the sector had been launched. The Zimbabwe National Gazelles Programme was launched buy Kukura Business Accelerator in partnership with SA...

Tobacco sales top US$14m on day seven

HARARE – At least 6.16 million kilograms of tobacco worth 13.95 million US dollars have been sold so far since the start of tobacco selling season, statistics from the industry regulator show. ivermectin dose...

AngloGold loses 11,000oz to coronavirus in Q1 2020

HARARE – Third largest gold producer globally and the largest on the African continent AngloGold Ashanti opted to keep its Argentina mines instead of selling them as year on year Q1 output fell 11...
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Covid-19 lockdown a chance for homeless people to reform: Machakaire

Tawanda Marwizi Youth, Sports and Arts Deputy Minister Tinoda Machakaire says homeless people must use their current stay at Mt Hampden Training Centre to revive their lives and be rehabilitated. The Training Centre is now home...
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Ecocash a Ponzi scheme says RBZ, has agents overdraft of ZW$39m

HARARE – Ecocash, a subsidiary of ZSE-listed Cassava Smartech, is engaging in shadow banking and is a Ponzi scheme that is creating fictitious money and balances in the system, FinX can report. According to the Reserve...
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BancABC Zimbabwe returns to top performance with surge in FY2019 profits

HARARE – BancABC Zimbabwe, the local banking subsidiary of Pan African group, Atlas Mara returned to top performance after reporting a strong set of results for the 2019 Financial year. The results move the...
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MDC Alliance fires Mudzuri, Mwonzora

Xolisani Ncube The Nelson Chamisa-led MDC Alliance has dismissed ex-vice president Elias Mudzuri and former secretary-general Douglas Mwonzora on allegations of working with Zanu-PF to destroy the opposition party. The duo was fired together with former...
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Watungwa new BAZ President

HARARE – Standard Chartered chief executive Ralph Watungwa is the new Bankers Association of Zimbabwe president. أنطوان غريزمان He takes over from FBC Bank managing director Webster Rusere, who completed his tenure at the...

Invaders at Kasukuwere farm despite High Court reprieve

Cynthia Chitombi Former Zanu-PF political commissar and cabinet minister Saviour Kasukuwere has received a major reprieve after the High Court stopped government from repossessing his Corncupia farm in Mazowe. However, the Anchor understands that a group...