Crypto markets choke amid regulatory clampdowns
Jeffrey Gogo Cryptocurrencies fell sharply during the first three months of this year, as regulators in major world economies clamped down on virtual money.
Understanding $1,5bn FinComEco deal
Opportunities abound for various stakeholders Chris Chenga Just before the Easter holidays, the Office of the President and Cabinet sent out a press release to announce a $1,5 billion agriculture…
Govt employees’ calls for salary review justified
Taurai Togarepi Since the adoption of the multi-currency system, salaries and wages have been static in most companies. There are cases though where companies realigned salaries to productivity in a…
Lafarge seeks strategic partner
Kudzanai Sharara Zimbabwe Stock Exchange listed entity Lafarge Cement is looking for a strategic business partner for its special products segment where it seeks to grow existing brands as well…
Global investors eye RioZim thermal power project
Enacy Mapakame Five major global investors are vying to partner listed resources group RioZim Limited for its apparently lucrative multi-billion Sengwa thermal power project, management has said.
Insurers, pensions funds may dispute compensation
Business Writer Insurance and pension funds may challenge the findings of a report produced following an investigation into the conversion of insurance and pension values when the country switched to…
US company plans $25m investment
Tinashe Makichi United States-based commodities firm MGG Holdings is planning to invest at least $25 million in Zimbabwe’s mining sector, with a special focus on minerals such as chrome, cobalt,…
State-owned enterprises keep turnaround deadline
Business Writer State Owned Enterprises and Parastatals have complied with Government’s March 31, 2018 deadline to submit their re-organisation and turnaround plans.
GPR, Chinese partner revive $1,7bn platinum plan
Livingstone Marufu Global Platinum Resources and its Chinese partner, Wanbao Rexco, this week announced plans to revive operations at its 520 million ounces platinum reserves along the Great Dyke belt.
Foreign investors struggle to take out profits and dividends
Business Writer The foreign currency backlog for transactions conducted on the Zimbabwe Stock Exchange (ZSE) stood at $164 million, as of February 20, 2018, as the shortage of hard currency…










