Stanbic reaffirms commitment to supporting telecoms industry

Business Writer Stanbic Bank Zimbabwe has reaffirmed its commitment to supporting the telecommunications industry. The leading financial services institution made this commitment at a breakfast meeting attended by key players…

Call to adopt realistic cotton pricing gets louder

Business Writer Key players in the cotton industry have urged stakeholders to adopt a more realistic approach to pricing the commodity, arguing that setting excessively high prices that merchants find…

Old Mutual extends US$20 million towards solar and hydro projects

Business Writer Old Mutual Zimbabwe says it has committed US$20 million from the Renewable Energy Fund to solar and hydro projects that align with the fund’s objective of financing affordable clean energy.…

Zimbabwean Government has no intensions to remove tax holidays for miners

Business Writer THE Zimbabwean Government has indicated no intention to scrap tax holidays granted to the mining sector taking into account the industry’s significance to Zimbabwe’s economy. There have been…

Padenga shifts gears: Mining now the primary driver

Business Writer Padenga Holdings Limited, a diversified group with interests in agriculture and mining, is undergoing a strategic transformation, with its mining operations emerging as the primary growth engine. The…

Market gains continue, more companies seek move to VFEX

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) saw gains on Tuesday, with the All Share Index rising by 9.60 points, equivalent to a 3,41 percent increase, closing at 290.93 points.…

Diaspora remittances easing poverty, spur economic development

Business Writer/NewZiana Zimbabwe has received over US$16 billion in remittances from its nearly four million diaspora community over the last eight years that has helped ease poverty, and spur economic…

Gold production surges 33 percent in Q 3

Business Writer The country’s gold output improved by 33 percent to 10,3 tonnes in the third quarter ended September 30, 2024 compared to 7,7 tonnes achieved in the second quarter…

Use public procurement for development – Hungwe

NewZiana Public procurement should serve as a catalyst for inclusive growth, ensuring that opportunities are accessible to all regardless of size or sector, an official has said. Chairman of the…

ZITF smart city attracts local, foreign investors

Nqobile Bhebhe The launch of the Zimbabwe International Conference and Exhibition Smart City (ZICES) by the Zimbabwe International Trade Fair Company in April has attracted significant interest from both domestic…

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