Low demand affects WMI, Nissan deal
Martin Kadzere Senior Business Reporter The Industrial Development Corporation of Zimbabwe (IDCZ), says negotiations to assemble Nissan vehicles at its Willowvale Motor Industries plant in Harare have been hindered by…
China offers bailout, programs to restaurant industry
SHENYANG. — Huo Chunlei, who runs a hotpot restaurant in Shenyang, capital of northeast China’s Liaoning Province, said he did not lay off any of his staff, although the restaurant…
Local Chinese tobacco merchants seek COVID19 lockdown exemption
Chinese tobacco merchants are engaging Government with a view to get an exemption from the ongoing national lockdown and be granted the green light to continue exporting the golden leaf.
Companies increase COVID19 related spending
Local companies are spending millions of dollars in their efforts to mitigate the impact of COVID19 and protect employees, the latest snap survey conducted by business body, the Confederation of Zimbabwe Industries (CZI), reveals.
JUST IN: Gvt assists the homeless
Government has moved hundreds of homeless people in Harare to various centres on the outskirts of the city as part of measures to contain the spread of the Covid 19 disease.
WMI, Nissan deal hangs in the balance
The Industrial Development Corporation of Zimbabwe (IDCZ), says negotiations to assemble Nissan vehicles at its Willowvale Motor Industries plant in Harare have been hindered by low demand of new cars and foreign currency shortages.
JUST IN: Zimbabwean makes it on Forbes Africa 30 Under 30 list
Zimbabwean youthful businessman, Paul Makaya has been named in the Forbes Africa’s 30 Under 30 list.
COVID-19: President receives donations
President Mnangagwa today received donations of materials used to fight the Covid-19 pandemic from three organisations that have joined the fray to battle the spread of the virus.
Forex insurance policies remain illegal — IPEC
Business Reporter THE greenlight to use free funds in conducting domestic transactions should not be misconstrued as authorisation to issue foreign currency denominated insurance policies, the Insurance and Pensions Commission…
COMMENT: Bulawayo residents must use water sparingly
The next eight months are likely to be extremely difficult for Bulawayo after the city’s water supply dams got only a month’s supply in new inflows during the just-ended rainy…











