Metal Casting Engineering Summit postponed

Michael Magoronga, [email protected] The Metal Casting Engineering Summit and Awards ceremony initially scheduled for today in Harare has been postponed to November. In a statement, Zimbabwe Institute of Foundries Chief Executive…

RBZ digital gold token transacting in a month

Golden Sibanda The Reserve Bank of Zimbabwe (RBZ)’s gold-backed digital tokens, Zimbabwe’s own commodity-backed version of central bank digital currency (CBDC), will start operating as a medium of exchange for…

Zim in record fuel imports amid power challenges

Business Writer The country’s import of petroleum products was the largest ever last year, which could justify the proliferation of fuel service stations around the country. According to statistics in…

Investors trade cautiously as poll date draws closer

Nelson Gahadza The election momentum in Zimbabwe has become more pronounced as the poll date draws nearer; however, the atmospheric anxiety is driving cautious investor sentiment and slowing business, analysts…

About Rio Zim

RioZim is incorporated in Zimbabwe and is listed on the Zimbabwe Stock Exchange. The company boasts of a wide array of operations and is currently involved, both directly and indirectly,…

Bidders’ expectations in public procurement

Note from ZNCC Proper and successful Government procurement rests on certain core principles of behaviour which are of interests to all stakeholders involved, including the private sector, procuring agencies and…

New fund to target distressed real estates

Business Writer A private limited company, Firmcare Construction, is in the market to raise funding for investment in real estate assets showing early signs of distress with the aim of…

Call for value addition as trade deficit widens

Tapiwanashe Mangwiro Zimbabwe’s trade deficit for the six months to June has widened to US$1. 058 billion prompting calls for value addition in order to increase value of exports and…

Extreme heat hard on older adults

Scorching temperatures have put millions of Americans in danger this summer, with heat extremes stretching from coast to coast in the Southern US. Phoenix hit 110 degrees Fahrenheit (43,3 Celsius)…

Is Zim benefiting from tobacco?

Michael Tome Zimbabwe will this year record its all-time high tobacco yield, but concerns abound if the farmers and the country at large are really benefiting from the much-touted improvement…

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