RBZ cancels Tetrad’s banking licence

Ryan Chigoche HARARE - The Reserve Bank of Zimbabwe has cancelled Tetrad Investment Bank Limited's trading license following the institution's voluntary surrender and request for cancellation of the license as shareholders seek other options for...

Zimplat’s production forecasts to rise 22%: WPIC

Itai Ndongwe The World Platinum Investment Council (WPIC) forecasts that Zimplats will increase Zimbabwe's platinum production by 22% to 503 koz due to expanding capacity at the mine site. Last year's total target was 480koz, and...

Kefalos goes green, installs 600kW solar plant through DPA

HARARE - Kefalos, one of Zimbabwe's leading dairy producers, established a 600kW solar plant through Distributed Power Africa, which will provide the company with a cost-effective, clean, and green energy source. The installation of the...
Industry and Commerce Minister Sekai Nzenza

Govt reviewing Zimbabwe’s Industrial Development Policy

Talkmore Gandiwa The manufacturing sector is on track to achieve 70% capacity utilisation target this year underpinned by the current pricing stability, outgoing Industry Minister Sekai Nzenza said. Nzenza said shelf occupancy for locally produced products...

Gweru Lawyer up for fraud

Staff Reporter A Gweru based lawyer Bornwell Balamanja has appeared before a Harare magistrate facing allegations of fraud after he allegedly defrauded a Harare woman USD$ 13 000 by claiming that he was representing her...

Download: Milk production data for July 2023

Milk production Figures Jan-July 2023
Ecocash 1 1

Ecocash triggers ZWL payment option for resident shareholders in Rights Offer

HARARE (FinX) -  Ecocash Holdings has given its shareholders resident in Zimbabwe an option to pay for their subscription to a Rights Offer in local currency after it had earlier insisted on only United...

Red Rock in negotiations for lithium export sales through Zim subsidiary

Itai Ndongwe Red Rock Resources has begun negotiations with Chinese sales agents for the sale of lithium ores through its Zimbabwe-based subsidiary African Lithium Resources. From the 10th to the 14th of August, a possible contract...

Puma Energy to launch LPG by year end, plans to solarize 17 service stations

Itai Ndongwe  Puma Energy Zimbabwe says its Liquefied Petroleum Gas (LPG)  plans are on track with the company focusing on building the supply chain to increase LPG storage capacity within the country and offshore. The aim...

US leading the way in female entrepreneurship empowerment

by Talkmore Gandiwa The Academy for Women Entrepreneurs (AWE), a US-based empowerment organisation that offers funding and skill-transfer to women and girls at the grassroots level, is anticipated to continue helping more aspiring women entrepreneurs...