Pension funds to invest offshore

Tawanda Musarurwa Government is working on modalities that will allow pension funds to invest their monies offshore, Finance and Economic Development Minister Mthuli Ncube has said. The industry has been…

Zim automobile innovator scoops to award

Business Writer ZIMBABWEAN entrepreneur based in the United States of America, Dr Devine Mafa, has been named among the world’s top 100 leading innovators in the automotive and transportation industry.…

NRZ revenues hard hit by Covid-19

Business Writer The National Railways of Zimbabwe (NRZ) has in the first half of the year lost over $1,6 billion in potential revenue from across its different customers due to…

High operational cost on energy infrastructure impedes manufacturing sector expansion

Business Writer The Common Market for Eastern and Southern Africa (Comesa) says the high cost of operating energy infrastructure and inability to establish bankable projects are the major setbacks to…

Naming, shaming, SI 127 key for market discipline

Golden Sibanda Naming, shaming and imposing heavy penalties against entities caught abusing funds obtained from the auction will reinforce the platform’s role as the preferred mechanism of distributing scarce forex…

Focus on high-impact and growth start-ups, AfDB

Martin Kadzere Senior Business Reporter A study published recently by the African Development Bank (AfDB) on the implementation of Nationally Determined Contributions (NDCs) in Africa recommends that development financial institutions…

Covid vaccine: Thailand decides to mix jabs as cases spike

Thailand has changed its vaccine policy to mix China’s Sinovac with the AstraZeneca vaccine in a bid to boost protection. The decision comes after hundreds of medical workers caught Covid…

Chinese mainland reports 12 new locally transmitted COVID-19 cases

The Chinese mainland on Saturday reported 24 new COVID-19 cases, of which 12 were imported and the rest were locally transmitted, the National Health Commission said in its daily report…

WHO recommends life-saving interleukin-6 receptor blockers for COVID-19

The World Health Organization (WHO) has updated its patient care guidelines to include interleukin-6 receptor blockers, a class of medicines that are lifesaving in patients who are severely or critically…

Manzungu retains ZNCC presidency

Business Writer Gweru businessman and property developer, Dr Tinashe Manzungu, has been re-elected as the president of the Zimbabwe National Chamber of Commerce (ZNCC). Manzungu retained his post following a…

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