Govt working to integrate its departments

The Zimbabwe government is working on a program to integrate all its departments and agencies by the first quarter of next year, a Cabinet Minister has said. ICT, Postal and…

ZSE to enforce ESG reporting from 2024

Business Reporter Companies listed on the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) will, starting January 2024, be required to report on sustainability issues as part…

Kuvimba to sink US$220m into developing lithium mine

Oliver Kazunga Senior Business Reporter ONE of the subsidiaries of State-owned mining group Kuvimba Mining House (KMH), Sandawana Mines, a lithium operation in Mberengwa (Midlands Province) intends to spend an…

Dollar scarcity pushes African states into crises

Amid a deepening shortage of hard currency on the continent, governments are turning to bartering, currency devaluations, central bank exchange controls, and help from the International Monetary Fund and Middle…

Ethiopian aircraft orders sign of growth plan

The aircraft orders by Ethiopian Airlines at the Dubai Airshow give a glimpse of the carrier’s growth plans, anchored around a two-pronged strategy to consolidate its position as Africa’s biggest…

SA to utilise US$12,5bn loans to tackle grid overload

Eskom Holdings SOC Ltd plans to allocate a portion of its US$12,5 billion multilateral loans to deliver power to areas where grid congestion is hindering the transition to renewable sources,…

ZimPhos says to boost basal fertiliser output

Michael Tome  Business Reporter Zimbabwe Phosphate Industries (ZimPhos), a division of Chemplex Corporation Limited, intends to invest US$2,2 million towards the establishment of a granulation plant in the first quarter…

East Africa securities fall by 17pc

East African securities markets have fallen by an average of 17 percent in a year, as foreign investors continue dumping shares of blue-chip companies in favour of high-yielding investments in…

Marry Mubaiwa’s attempted murder trial continues

Prosper Dembedzan Herald Correspondent Former Health and Child Care Deputy Minister Dr John Mangwiro yesterday told the court that whenever Mubaiwa walked into the room in which Vice President Constantino…

Zimpapers back to profitability

Business Writer The country’s biggest and only listed media group on the Zimbabwe Stock Exchange, Zimbabwe Newspapers (Zimpapers), turned back to profitability in the quarter to September 30, 2023 on…

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