Zimplow to acquire transport and logistics entities
Business Writer Zimbabwe based manufacturer and distributor of agricultural, mining and construction equipment, Zimplow, has announced plans to acquire businesses that will see the Zimbabwe Stock Exchange listed company diversify…
German economy to shrink less than previously expected: ifo Institute
BERLIN, – Germany’s economic downturn was less severe than expected as the country’s gross domestic product (GDP) was anticipated to only shrink by 5.2 percent this year, not 6.7 percent…
European stocks edge higher at open
Europe’s stock markets clawed background on Tuesday after a vicious sell-off the previous day, which was rooted in fears of a deadly second coronavirus wave. In initial deals, London’s benchmark…
ZAMCO to repay $1,1bn bank bailout
Golden Sibanda The Zimbabwe Asset Management Company (ZAMCO), says plans are afoot to repay by the end of this year, the $1,1 billion received from Treasury for the acquisition of…
Zim enjoys limited benefits from mining sector
Business Writer Downstream linkages between the mining sector and the rest of the Zimbabwean economic sectors, are weak and this deprives the country of a much needed catalyst for development…
Govt should move faster on local content: CZI
Golden Sibanda Government should move with speed and start enforcing the local content policy in order to cut down on imports, promote new jobs and support the growth of new…
Firms adjusting to Covid-19: WB
Business Writer Zimbabwe’s small businesses showed flexibility during Covid-19 by implementing mitigatory measures to minimise the financial impacts of the shocks, the World Bank has said. According to the Bretton…
Zimplow to acquire logistics entities
Business Writer Zimbabwe-based manufacturer and distributor of agricultural, mining and construction equipment, Zimplow, has announced plans to acquire businesses that will see the Zimbabwe Stock Exchange listed company diversify into…
Low income earners bear price increase brunt
Business Writer Low income earners have been hit the most by prices increases than their high income counterparts, an analysis of the Poverty Datum Line and the Consumer Price Index…
Global indaba touts technology
Business Writer As more than 150 000 local tobacco farmers prepare for the 2020/2021 cropping season, the future of both tobacco and nicotine products was discussed at a global forum…











