Mining industry in US$10bn capital shortfall

Oliver Kazunga The mining industry has a capital shortfall amounting to US$10 billion required to implement different investment projects across the country to improve the sector’s contribution to the economy.…

Zim financial sector risk score lowered

Business Writer Leading rating agency in Africa, GCR Ratings (GCR), has reviewed downwards Zimbabwe’s Financial Institutions Sector Risk Score to “0.75” from “1.0” amid weaker regulatory and volatile monetary policies.…

Markus Jooste penalty still under consideration

South Africa’s financial service regulator is still considering what penalty former Steinhoff CEO Markus Jooste must pay for sending a warning SMS to friends to sell their shares a week…

Toyota posts record profits,sees challenges ahead

Tokyo: Toyota this week posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and the war in Ukraine…

Illegal settlers threaten Allied Timbers

Martin Kadzere AS much as 50 percent of Allied Timbers’ unplanted land is now under occupation by some illegal settlers, posing the biggest risk to the sustainability of the business.…

Reforms come full circle with ZTN launch

Blessings Chidakwa, Harare Bureau THE ongoing reforms that are leaving no one and no place behind, including in the media sector culminating in the launch of a new television channel,…

Bulilima to descend on businesses

Mkhululi Ncube, Chronicle Reporter BULILIMA Rural District Council (RDC) will conduct a rates blitz that will shut down businesses in arrears this week as it is facing garnishee orders from…

Nkayi sends roads SOS to govt

Sikhumbuzo Moyo in Nkayi NKAYI Rural District Council (RDC) has sent a distress call to the Government over lack of road maintenance machinery, a development that has seen it being…

Sengilikhiwa, thankful Sikhosana sings in new song

Mthabisi Tshuma, Showbiz Reporter LIFE has changed for the better for musician Sikhosana Buhlungu who now boasts of a rural home and livestock and is a celebrity in rural Nkayi.…

Zim, DRC businesses urged to grow bilateral trade

Business Reporter BUSINESSES in Zimbabwe and Democratic Republic of Congo have been urged to take full advantage of opportunities available in the two countries and grow bilateral trade. Speaking during…

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