FCB to internally finance new head office construction

Nelson Gahadza Victoria Falls Stock Exchange (VFEX)-listed First Capital Bank says construction of the new head office in Borrowdale, Harare, will be financed from internal resources as the bank has…

Allied Timbers targets regional projects, higher value addition

Prosper Ndlovu  ZIMBABWE’S giant timber producer and distributor, Allied Timbers Zimbabwe Private Limited, is targeting to tap into more lucrative supplies within southern Africa and beyond while scaling up value…

National LPG gas consumption hits 44,29m kgs

Business Writer Liquefied Petroleum Gas (LPG) consumption in Zimbabwe increased by seven percent to 44,29 million kg in the first eight months of 2023 compared to 41,29 million kgs in…

Tourism sector has huge potential to drive economic growth and development

Business Weekly/New Ziana Government is committed to facilitating investment in the tourism and hospitality industry as it has immense potential to drive economic growth and development of the country, a…

Cross speaks on use of local currency

By Eddie Cross Last week I wrote 2000 words on why it was not in our national interest to continue with the use of foreign currencies for domestic settlement. I…

Pacific, Zimra US$20m tax impasse could spill into courts

Golden Sibanda PACIFIC Cigarette Company (PCC), an indigenous tobacco processing firm fronted by businessman, Adam Molai, says it will mount a legal challenge against a US$19 million plus $79.8 billion…

Climate proofing agriculture key as country faces El Nino threats

Business Writer Lands Agriculture, Fisheries, Water and Rural Development Permanent Secretary, Professor Obert Jiri (Right) and Commercial Farmers Union of Zimbabwe president Dr Shadreck Makombe share notes during Business Weekly…

Botswana expo amplifies Zim investment, export opportunities

Prosper Ndlovu in Gaborone, Botswana THE ongoing 2023 Global Expo Botswana has offered Zimbabwe a prime opportunity to showcase its vast investment opportunities and export of various goods and services…

Investors get guarantee on multicurrency regime

Nelson Gahadza The Government has assured investors and businesses operating in Zimbabwe that any policy decision to be adopted upon the expiry of the current term of the multi-currency regime,…

Nigeria’s central bank liftS FX ban on 43 items

The Central Bank of Nigeria has announced the lifting of an eight-year ban on 43 items that had previously been restricted from accessing forex. In June 2015, the Central Bank…

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