Blessed Ndlovu
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CemAir launches first flight to Zim
The developments came after the Civil Aviation Authority of Zimbabwe (CAAZ) approved applications from the low-cost carriers FlySafAir and CemAir to start flying into Harare and Victoria Falls.
By Freeman Makopa and Blessed Ndlovu
Aug. 10, 2023
Zimdollar depreciation scares Treasury chief
This means that a 1% depreciation could cause the fiscal deficit to widen by about US$20,68 million.
By Belinda Chiroodza and Blessed Ndlovu
Aug. 18, 2023
Govt opens up broadcasting sector to foreign investors
Information, Publicity and Broadcasting Services deputy minister Kindness Paradza said budget constraints had become a hindrance to digitalisation.
By Blessed Ndlovu
Aug. 21, 2023
Mandara shopping centre: An epitome of crumbling economy
For Mandara residents, the shopping centre is now an eyesore with the potential to devalue their expensive suburban properties.
By Blessed Ndlovu
Aug. 21, 2023
Zim price levels exorbitantly high: Zimcodd
“The salaries being paid to workers economy-wide are way below this poverty datum line, ” the report read.
By Blessed Ndlovu and Belinda Chiroodza
Aug. 28, 2023
ZimTrade seals deals worth US$8m in DRC
The organisation took 15 companies to Lubumbashi and Kolwezi to promote their products and services.
By Blessed Ndlovu
Sep. 1, 2023
Airports Company of Zim invests in electric cars
Several of ACZ’s shuttles are now 100% EVs, according to public relations and communications manager Tonderai Mangombe.
By Blessed Ndlovu
Sep. 1, 2023
FBC hedges against Zimdollar loss
FHL group chairperson Herbert Nkala said adopting a hedging strategy mitigated the impact of the exchange rate fluctuation and sustained the group’s balance sheet.
By Blessed Ndlovu and Belinda Chiroodza
Sep. 4, 2023
Farmers withhold grain as El Nino looms
The report said open market sales of grain, other crops, and maize meal are mainly conducted in the United States dollar in most areas, or South Africa rand in the southern districts.
By Blessed Ndlovu and Belinda Chiroodza
Sep. 6, 2023
Metro Peech placed under corporate rescue
Oliver Mtasa of Crowe Advisory (Private) Limited was appointed as corporate rescue practitioner.
By Blessed Ndlovu
Sep. 5, 2023
Varun to introduce new beverage lines next year
The company said the plant started with one production line and today has nine production lines and it is planning to invest further in early 2024.
By Blessed Ndlovu
Sep. 12, 2023
WestProp to host property conference
The conference comes on the backdrop of several property developments underway, nationally, at a time the sector is facing highly priced rentals and exorbitant property prices.
By Blessed Ndlovu
Sep. 13, 2023
SMEs lack managerial, technical skills: Govt
He said the ministry was determined to re-ignite the businesses through sustainable initiatives despite the economic challenges.
By Blessed Ndlovu
Sep. 15, 2023
Our programmes meet industry needs: ESAMI
Gapa said they have generated excellent graduates who have excelled at providing the best service in both the private and public sectors.
By Blessed Ndlovu
Sep. 21, 2023
Premium
Zesa drowns in debt
Hwange Units 7 & 8, well-placed sources said, were constructed on a contract based in US dollars, and private foreign investment was utilised to finance the expansion project.
By Blessed Ndlovu and Belinda Chiroodza
Oct. 1, 2023
Drought to affect mopane worm production: USAID
The local currency has lost over 18% of its value since the general elections held on August 23 and 24, 2023, reaching a value of US$1:ZWL$5 466,74 as of Tuesday morning.
By Blessed Ndlovu
Oct. 4, 2023
Embrace entrepreneurship, farmers urged
Speaking at the World Cotton Day commemoration yesterday, Masuka said there was need to value-add cotton farming
By Brent Shamu and Blessed Ndlovu
Oct. 6, 2023
Cottco engages Treasury over US$6,8m farmers’ debt
He indicated that part of the export proceeds from the 2023 cotton marketing season would be used to raise money to pay off farmers.
By Gamuchirai Nyamuziwa and Blessed Ndlovu
Oct. 9, 2023
New Cottco CEO vows to take firm to ‘next level’
Mutembwa is currently engaging Treasury, the central bank, and financial institutions aiming to raise US$6,8 million to pay off cotton farmers.
By Blessed Ndlovu
Oct. 12, 2023
CBZ makes mandatory offer to FMHL minorities
As of the end of June, CBZHL had total assets valued at US$1,13 billion, a drop of about 20% from the end of last year.
By Blessed Ndlovu
Oct. 13, 2023
ACZ baits Turkish Airlines
Routes World is a platform where decision makers from airports and airlines worldwide gather to discuss the development of new air services and present opportunities for business growth.
By Blessed Ndlovu
Oct. 18, 2023
UK talent agency eyes Zim
Speaking to NewsDay Business, WorkReel Africa Region head Stephen Mashingaidze urged businesses to use artificial intelligence (AI) in its recruitment processes.
By Blessed Ndlovu
Oct. 25, 2023
‘Zim policies incoherent, confusing’
Hawkins also said policies should be made known and explained to people so that they are aware of what they stand for and how they should be implemented
By Blessed Ndlovu
Oct. 27, 2023
Cottco calls for presidential input scheme audit
Government introduced the scheme during the 2014/15 agricultural season to help the “white gold” farmers to increase output.
By Blessed Ndlovu
Oct. 30, 2023
FCB pursues US$48 million offshore deals
So far, US$20 million lines of credit have been secured from the regional lender, according to FCB chief executive officer Tapera Mushoriwa.
By Blessed Ndlovu
Nov. 3, 2023
‘Zim must prioritise industrialisation’
Magade said the recent launch of the African Continental Free Trade Area (AfCFTA) presented the most immediate and significant opportunities for expanding the country’s export markets.
By Blessed Ndlovu
Nov. 6, 2023
Bankers blame bank charges on plethora of costs
In emailed responses to NewsDay Business, Baz chief executive officer Fanwell Mutogo said banks, like any other industry, incurred costs when providing a service to their clients.
By Blessed Ndlovu
Nov. 7, 2023
Metro Peech briefly shuts down
According to the corporate rescue plan obtained by NewsDay Business, a number of prospective investors indicated an interest
By Blessed Ndlovu
Nov. 8, 2023
Parly proposes Mines ministry to retain 25% of collections
Currently, the mining industry is being negatively affected by declining mineral prices, power cuts and foreign currency shortages.
By Blessed Ndlovu
Nov. 10, 2023
Govt pushes for use of AI in mining
The Parliamentary Portfolio Committee on Mines and Mining Development established that at least ZWL$300 billion is needed for critical expenditure items.
By Blessed Ndlovu and Nizbert Moyo
Nov. 14, 2023
