‘Covid-19 impact may be underestimated’

Tawanda Musarurwa With most countries so far failing to flatten the curve of the Covid-19 pandemic, Zimbabwe’s industry players say the impact on business could be more devastating than previously…

Landela targets more Zim mining assets

Martin Kadzere Following an aggressive 2019, Landela Mining Venture said investing in Zimbabwe’s mining industry remains central to its overall strategy going forward. And the company is showing no loss…

Coca Cola Foundation channels US$100 000 towards Covid-19 fight

Business Reporter THE Coca Cola Foundation has joined hands with the Zimbabwe Red Cross Society in alleviating the adverse impact of Covid-19 in charity homes under a US$100 000 funding…

ZimAlloys’ furnace upgrade to add 350 jobs

FERROCHROME producer, ZimAlloys, says its furnace refurbishment programme  is now 60 percent complete with the company optimistic that the  project will be operational in the next six months, creating an…

Removal of a ventilator from an economy in ICU

Shingai Ndoro An ailing, sick or troubled economy needs medication of policy and actions. Does this include abandoning a domestic currency and then dollarise? What is dollarisation? By definition, dollarisation…

Zifa, Banda impasse: Benjani’s heart bleeds

Fungai Muderere, Senior Sports Reporter EX-WARRIORS skipper Benjani Mwaruwari reckons it’s high time the ongoing impasse between Zifa and its vice-president Gift Banda stopped, as it is detrimental to local…

Clothing sector called to increase value added exports

Business Reporter ZIMBABWE’S trade development and promotion agency, ZimTrade, has challenged the local clothing and textile industry to increase value added exports and exceed last year’s US$62,3 million earnings. In…

Late tobacco selling season dampens TSL profits

Enacy Mapakame Diversified firm, TSL Limited recorded a slight decline of 2 percent in profit to $105 million for the half year to April 30, 2020 compared to $107 million…

Edgars extends capital raise period

Business Writer The closure of the Zimbabwe Stock Exchange has forced Edgars Stores Limited to extend its rights offer period by an additional three weeks. The clothing retailer and manufacturer…

Zifa insist on paying in local currency

Sikhumbuzo Moyo, Senior Sports Reporter ON Tuesday our Harare Bureau reported that Zifa president Felton Kamambo was expected to join 210 other Fifa member associations in a video teleconference to…

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