US$1.5bn Hwange 7&8 expansion project 80,2 pc complete
Business Writer GOVERNMENT is forging ahead with the implementation of the US$1,5 billion Hwange Thermal Power Station 7 and 8 expansion project in Matabeleland North province, which is now 80,2…
Tourism industry lauds 100 pc forex retention
Business Writer Tourism players have applauded the Reserve Bank of Zimbabwe (RBZ) for granting them a 100-forex retention saying the move would assist the sector to recapitalise and enhance…
More airlines flock to Zimbabwe
Business Writer/New Ziana Germany’s Eurowings Discovery airline will start flying into the country next month, and another from Eswatini is also eying Zimbabwe, a top aviation official said on…
Banks profitability hits $24,43bn
Business Writer The banking sector’s total profits jumped by $24,43 billion in 2021 amid overall strong performance by the sector on the back of prudential supervision, the regulator, Reserve Bank…
Embrace standards to attract investment – SAZ
Business Writer Foreign and local investors are willing to commit more resources to a venture that is run properly and whose operations are modelled in line with global best…
Govt targets 26.5 pc renewable energy capacity by 2030
Michael Tome Secretary for Energy and Power Development, Dr Gloria Magombo, says her ministry has set a target of an installed renewable energy capacity of 26, 5 percent by…
Zim to miss inflation targets again, CZI
Business Writer The Confederation of Zimbabwe Industries (CZI), has warned that the country will once again miss inflation targets this year as policy makers continue to ignore fundamental issues being…
Happy times beckon for VFEX
Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) is expecting to have an exciting 2022 with increased liquidity as more listings are already in the pipeline for this year, a…
Zimra makes headway in project implementation
Business Writer The Zimbabwe Revenue Authority (Zimra) says it expects a productive 2022 as most of its projects are now at implementation stages and are expected to have a positive…











