VFEX market cap surges 6,6pc to US$1,30 billion

Nelson Gahadza The Victoria Falls Stock Exchange (VFEX) market capitalisation for the third quarter to September 30, 2024 increased by 6,56 percent to US$1,30 billion compared to US$1,27 billion during…

French delegation arrives in Harare for business talks

Business Writer A high-level French business delegation arrived in Zimbabwe Wednesday morning, seeking to explore investment and partnership opportunities. The delegation, composed of senior officials from 16 leading French companies,…

Private firm to import 20 Megawatts for local consumers 

Nqobile Bhebhe AFRICA GreenCo Group, an energy intermediary, off-taker and service provider, has announced plans to import an initial 20 Megawatts of renewable energy, with intentions to expand imports to…

ZSE virtually flat in Tuesday trade

Tapiwanashe Mangwiro The Zimbabwe Stock Exchange (ZSE) All Share Index eased by 0,31 points or 0,12 percent to close at 256.37 points on Tuesday, marking a slow day in equity…

NEW: President Mnangagwa reassigns two Cabinet ministers

Online Reporter PRESIDENT MNANGAGWA has reassigned Cabinet Ministers Ambassador Frederick Shava and Professor Amon Murwira with immediate effect. Professor Murwira is now the Minister of Foreign Affairs and International Trade…

NEW: Businesses fear closure over Chitungwiza water woes

Malven Mugadzikwa BUSINESSES operating in Chitungwiza are now at risk of closing after the drastic reduction of water supplies from the local authority following the decommissioning of Prince Edward Water…

‘Stopping cash hemorrhage critical’

Business Writer The gazzeting of regulations limiting amount of cash in US dollars an individual can take out of the country is one of the many ways Government can employ…

Caledonia’s Blanket Mine gold output bulks 2,84pc

Business Writer Gold mining concern, Caledonia Mining Corporation, says yellow metal output at Blanket Mine increased 2,84 percent to 56 815 ounces in the first nine months of the year…

New cities equipment imports now enjoy rebate

Business Writer The Zimbabwean Government has introduced a rebate on capital equipment imported by approved contractors for the construction of new cities in line with the Government’s development agenda. The…

Padenga bets on gold to offset softening crocodile skin demand

Business Writer Padenga Holdings, a diversified mining and agricultural company, is banking on its gold operations to offset a potential decline in revenue from crocodile skins. As demand for Nile…

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