adminSerena begins title defence with straight sets victory
Serena Williams began her quest for a third straight US Open title with a convincing win over American teenager Taylor Townsend. Williams described 18-year-old Townsend as the future of tennis ahead…
Telecel introduces free money transfer service
Business Reporters— MOBILE phone operator, Telecel, has introduced a free money transfer service through its Tele-cash facility as it moves to attract an increased client base. Telecel spokesperson Francis Chimanda…
Brazil to release first tranche of $98m agric equipment loan facility
Harare – Zimbabwe will next month receive the first tranche of $38 million from Brazil under a $98 million loan facility agreed between the two countries last year to fund…
Sugar products imports rile farmers
Masvingo Business Correspondent SUGARCANE farmers have urged the government to tighten controls on sugar imports saying the country has enough of the product to meet local demand. Zimbabwe Sugarcane Farmers…
Gwanda, Hwange, Chiredzi exhibititons preps at advanced stage
Chronicle Correspondents PREPARATIONS for this year’s annual agricultural shows in Gwanda, Hwange and Chiredzi are at an advanced stage with exhibitors looking forward to a fruitful interaction and clinching business…
Zim stock exchange goes electronic
ELECTRONIC trading on the Zimbabwe Stock Exchange (ZSE) commences next month with three counters initially taking part in the historic trade. The company responsible for the project, Chengetedzai Depository Chengetedzai said…
United Refineries capacity utilisation up 65pc
Business Reporters Bulawayo-based fast moving consumer goods company United Refineries Ltd says capacity utilisation has increased to 65 percent on cooking oils from as low as 30 percent boosted by…
RBZ wants IDBZ, Sedco under its supervision
THE Reserve Bank of Zimbabwe (RBZ) has said it was working with the government to place the Infrastructure Development Bank of Zimbabwe (IDBZ) and the Small Enterprises Development Corporation (Sedco)…
FBC Bank secures $60m loan facility
Harare Bureau FBC Bank has secured a $60 million three-year term syndicated loan facility jointly arranged by Standard Chartered Bank and its partners to support trade, manufacturing and key projects…
Alpha Omega Dairy to increase production
Harare Bureau ALPHA Omega Dairy expects to increase production of its Munandi Lacto fourfold to two million litres per month from next month following the arrival of new equipment to…