Toothpaste, washing powder firms on verge of collapse

Business Writer Local washing powder and toothpaste producers are on the verge of shutting down their operations due to stiff competition from imports, this publication can report. On April 14…

12 years for killing son

Paidamoyo Bore THE High Court has sentenced a woman, who threw her four-year-old son into Mazowe River in May last year, resulting in his death, to 12 years in prison.…

Liquid Dataport launches terrestrial data superhighway 

Enacy Mapakame Zimbabwean businesses and individuals are set to benefit from improved connectivity following a ground-breaking achievement by Liquid Dataport, which has launched the first-ever connection between Mombasa and South…

RioZim seeks a stable power supply

Malvern Nkomo The Zimbabwe Stock Exchange-listed company, RioZim, has said it will remain focused on securing a steady power supply across all its operations to ensure consistent capacity output. The…

Report urges Government to loosen currency controls

Business Reporter A report by two separate commissions said the Zimbabwe dollar was overvalued and urged the government to loosen foreign currency controls and allow market forces to determine the…

ZB mulls job cuts, global economic downturn cited

Business Writer ZB Holdings plans to retrench an unspecified number of workers as part of its restructuring exercise resulting from the global economic downturn and the effects of the Covid-19…

Zim dollar tumbles 34 percent on official auction system

Business Writer The Zimbabwe dollar weakened by approximately 34 percent on Friday, its biggest fall in months following the decision by authorities to implement a “pure” Dutch auction system. Following…

Border Timbers pushes for recapitalization

Business Writer Listed timber producer Border Timbers in its trading update for the nine months to March 31, 2023 said it is still pushing for the recapitalization of its operations…

NSSA forensic audit complete

Business Writer A forensic audit of the National Social Security Authority(NSSA) by AMG Global has been completed, a senior official has said. The audit covers a lot of aspects including…

Liquid Intelligent Technologies Drives Digital Empowerment in Zimbabwe

Enacy Mapakame As the world becomes more interconnected and transforming into one global community, digital transformation from grassroots becomes a key enabler to economic growth and societal advancement, which Zimbabwe…

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