ED commissions US$20m Pepsi plant

Norman Muchemwa President Emmerson Mnangagwa Friday commissioned a US$20 million Varun Beverages additional plant with three lines of production at the company’s premises in Harare, to complement the US$30 million…

It takes an ecosystem to raise a successful start-up

Colin Mason & Michaela Hruskova The geography of entrepreneurship is “spiky”, meaning that from region to region there are significant variations in rates of start-ups and, in particular, “scale-ups” –…

Saudi, Russia look to seal deeper output cuts with oil producers

Top oil producers Saudi Arabia and Russia will seek approval for deeper output cuts from OPEC and allies on Friday in an attempt to support prices and head off a…

South Africa’s rand flat in subdued early trade

JOHANNESBURG – South Africa’s rand was little changed in early trade on Friday, as investors awaited employment figures from the United States to gauge the likely direction for interest rates.…

Zera in petrol blending U-turn

HARARE – The Zimbabwe Energy Regulatory  Authority (Zera) on Friday made a dramatic U-turn on its earlier  decision to reduce petrol blending levels to E10 from E20. Zera said it…

Pensions industry assets up 34% in Q3 – IPEC

HARARE – The value of assets owned by  Zimbabwe’s pension funds increased 34.23 percent to $9.45 billion in the  quarter ending September 30, 2019 compared to the previous quarter,  latest…

ZSE, GetBucks partner on Zimbabwe Emerging Enterprise Market

Chipo Chaumba The Zimbabwe Stock Exchange Limited (ZSE) has signed a memorandum of understanding with GetBucks Microfinance Bank Limited (GetBucks) that will entail the two parties working together towards the…

NBSZ donates to Idai-hit schools

Fatima Bulla in Mutare
The National Blood Transfusion Services Zimbabwe has launched the festive campaign appeal for blood donations to beef up its banks.

Zanu-PF company contests Mugabe Estate

Harare Bureau ZANU-PF commercial enterprise, M and S Syndicate (Private) Limited, has contested the registration of three upmarket properties as part of the late former President Robert Mugabe’s estate. The…

Zanu-PF company contests Mugabe Estate

Harare Bureau ZANU-PF commercial enterprise, M and S Syndicate (Private) Limited, has contested the registration of three upmarket properties as part of the late former President Robert Mugabe’s estate. The…

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