South African factory managers downbeat as sales orders slump
An index tracking business conditions in South Africa’s manufacturing sector edged up last month, but purchasing managers remained downbeat as new sales orders slumped. The gauge, which measures expected business…
State entities to migrate to accrual-based system
Business Writer State entities are expected to migrate from cash accounting to accrual-based International Public Sector Accounting Standards (IPSAS) by end of 2025 to enhance accountability and transparency of public…
Tigere Properties record 100pc occupancy
Tapiwanashe Mangwiro Listed Real Estate Investment Trust (REIT) Tigere Property Fund through its first quarter trading update said it has seen occupancy levels across its properties rise to 100 percent.…
Fish production drops to 15,000 tonnes
Business Reporter Zimbabwe’s total fish production during the 2022/23 summer season was 15 041 tonnes, lower than 25,051 tonnes in 2021 with 9 836 tonnes from capture fisheries and 5…
De Ruyter claims his R1bn-a-month Eskom theft estimate is ‘conservative’
Bloomberg The former head of Eskom said he probably underestimated when he put the amount of money that’s being stolen from the company at R1 billion a month. Ex-CEO André…
Bitter battle: Ramaphosa slams ‘unfair’ EU citrus trade rule
AFP President Cyril Ramaphosa condemned the EU Tuesday for restrictions on citrus exports from South Africa to prevent the importation of non-indigenous moths which stranded tonnes of fruit at sea…
Shamva man kills wife over love texts
Arron Nyamayaro A SHAMVA man attacked and killed his wife on Sunday after she found some love messages between him and their neighbour’s wife. Oscar Chigande’s wife had exposed the…
AfDB, ILX Management BV in partnership to fund SDGs
Business Writer The African Development Bank (AfDB) and ILX Management BV, have signed a partnership agreement to mobilise institutional investor capital for Sustainable Development Goals (SDGs) and climate-focused private sector…
Air Zim leases two Boeing 777-200 ERs
Business Writer National flag carrier, Air Zimbabwe, said it is dry leasing its two long-haul Boeing artifact acquired from Malaysia. “Air Zimbabwe wishes to dry lease the two B777-200ER aircraft…
Lithium production starts at Arcadia Lithium Mine
Tapiwanashe Mangwiro Chinese mining firm, Huayou Cobalt, has started trial production at the Arcadia Lithium Mine, located in Goromonzi. The mine is expected to produce 50,000 tonnes of lithium carbonate…










