NatFoods consumes 712 K litres of diesel on power generation …mulls 2MW solar project
Business Writer Diesel for power generation at National Foods increased by 582 930 litres to 712 851 litres in 2023 from 129,921 litres in full year 2022, owing to continuous…
Simbisa sees jump in sales in 2024
Enacy Mapakame Quick Service Restaurant (QSR) group, Simbisa Brands, is projected to see a jump in sales for the financial year 2024 as the company leverages product diversification and counter…
ZNCC proposes easing tax burden
Nelson Gahadza INDUSTRY and commerce have urged Government to further ease the tax burden on businesses and individuals through tax adjustments in the upcoming 2024 National Budget. This comes after…
Kuchera pilots project with mining companies in the region
Business Harare – Germany based technology company – Kuchera GmbH – in September 2023 embarked on an innovative pilot project, collaborating with three major global mining houses in Zimbabwe, Botswana…
NRZ combination of deals bearing tangible fruits
Tapiwanashe Mangwiro The National Railways of Zimbabwe (NRZ) has been restructuring operations and has made strides and struck deals with various local and international companies in order to increase capacity.…
Liquidity constraints weigh down on equities market
Business Writer Performance of the equities market is expected to continue to be impacted by obtaining liquidity conditions coupled with value preservation concerns during the fourth quarter of 2023, according…
US committed to ‘seamless’ AGOA renewal, says trade chief
Bloomberg The US aims to ensure that its preferential trade pact with Africa is replaced without interruption when it expires in two-year’s time, while bringing it up to date. “We…
Shocktober: What went wrong?
As South Africans cheer the incredible performance of the Springboks and a record fourth Rugby World Cup title, they might forget the fact that October has been a lousy month…
Smartphone gambling in Sub-Saharan Africa: Navigating the new wave
Catching the wave: The rise of Mobile Betting The digital era has ushered in a transformative trend in Sub-Saharan Africa: smartphone gambling. This phenomenon isn’t just changing how people entertain…
Extended USD tenure to boost market confidence
THE Government’s decision to extend the tenure of the multi-currency regime beyond 2025 is expected to boost market confidence and further drive growth of US dollar deposits and lending in Zimbabwe, a senior official said.











