Dubai importers demand bulk horticulture produce from Zim

Business Writer Horticulture and processed foods companies in Zimbabwe have been told of huge opportunities to increase their exports to Dubai if they are able to produce enough quantities and…

ZITF 2022 to focus on local value chains

Business Writer The 2022 edition of the Zimbabwe International Trade Fair (ZITF) will explore ways to increase domestication of local value chains, chairman Busisa Moyo has said. The multi-sectoral exhibition,…

ED instructs ministers to cut foreign travel

Business Writer/NewZiana President Emmerson Mnangagwa  on Tuesday told cabinet ministers and senior government officials to cut back on foreign travels and concentrate on developmental programmes to help deliver a planned…

Young entrepreneur publishes book

Business Writer AWARD-WINNING entrepreneur, Dr Rinos Mautsa, will launch his much-awaited book, ‘The Will of Time’ on February 25. The book will be launched in Harare. Dr Mautsa is the…

Distell shareholders give the green light for Heineken takeover

Penelope Mashego A majority of Distell’s shareholders have voted in favour of Heineken’s move to acquire the local liquor maker. The approval follows Distell’s extraordinary general meeting on Tuesday, where…

Mangudya defends new withdrawal limits

Business Writer The Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Magudya, has defended withdrawal limits he announced in the Monetary Policy Statement (MPS) presented last week. The transacting public…

Getbucks negotiates US$5 million recapitalisation plan

Business Writer Getbucks Financial Services says it is negotiating for a US$5 million recapitalisation to enable the bank to meet the required minimum threshold set by the Reserve Bank of…

Chinamo retires as SECZIM CEO

Business Writer Securities and Exchange Commission of Zimbabwe (SECZIM) chief executive officer (CEO), Tafadzwa Chinamo, has left the organisation and has been replaced by Gerald Dzangare in an acting capacity.…

SA govt to takeover Eskom’s R392bn debt

The government is considering taking over part or all of Eskom’s R392bn debt as it seeks to restructure the cash-strapped power utility’s loan obligations, according to the International Monetary Fund.…

Recapitalisation of tourism sector to quicken

Business Writer The decision by the Reserve Bank of Zimbabwe (RBZ) to allow players in the tourism and hospitality industry to retain 100 percent of their foreign currency earnings, is…

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