Makomo plans $1,5bn power plant

Makomo Resources (Pvt) Ltd, Zimbabwe’s largest coal producer by output, said it plans to spend $1,5 billion on a 600-megawatt power plant and will also start exporting coal to steelmakers…

ZSE demutualisation MoU signing date set

Senior Business Reporter The government and the Zimbabwe Stock Exchange will next week sign a Memorandum of Understanding for the demutualisation of the bourse. Demutualisation refers to a process by…

Big firms urged to engage informal sector

Harare Bureau THE government plans to engage big companies on the possibility of opening micro finance institutions to capacitate small to medium enterprise companies for them to start making a…

CSC still to come up with action plan on waste management

Charity Ruzvidzo Business Reporter THE Cold Storage Company is yet to come up with an action plan to deal with waste management after its operations were condemned by the Environmental…

Prominent Matabeleland businessman Sibanda dies

Senior Business Reporter MATABELELAND Trade and Investment Initiative Network board member Tayi Sibanda has died. He was 60.

Avoca loses significance

Sakulwenkosi Dube SITUATED in Mangwe District, Avoca Vocational Training Centre is slowly deteriorating and losing its significance. The training centre, which once had about 300 students and offered a variety…

$3 billion was needed to rebuild Plumtree-Mutare highway to SA standards

Lloyd Gumbo Harare Bureau Group Five, the South African firm contracted to rebuild the Plumtree-Mutare highway, has said rebuilding the road to the same standards as South African Gauteng Freeways…

Pick n Pay spreads to Gweru

Lovemore Zigara and Timothy Makhohliso Midlands Reporters ONE of the country’s biggest retail chain groups, TM Supermarket, is set to close its Gweru Branch supermarket and reopen at another site…

Telecel drives Zim financial inclusion

TELECEL has taken a step further to drive financial inclusion in the country by becoming the first local mobile telecoms firm to launch a debit card. The debit card –…

Military-inspired business

Mernat Mafirakurewa Business Editor HOW many times were you told to work hard at school so you could go to university and thereafter secure a good job? Maybe not all…

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