Mobile internet, data usage on the upsurge

Enacy Mapakame Business Writer Mobile internet and data usage has continued on an upward trajectory this year and is projected to maintain the trend, according to telecoms industry regulator, the…

Powerspeed revenue jumps 2009pc to $26,9bn

Tapiwanashe Mangwiro Business Writer Powerspeed, which operates the Electrosales hardware chain, recorded a 2009 percent growth in revenue to $26,9 billion in the financial period ended September 30, 2022. Chairman…

Lithium firms happy with progress at Kamativi project

Oliver Kazunga GALILEO Resources PLC has completed a reconnaissance mapping and sampling programme at the Kamativi Lithium project and the company now awaits results of laboratory analysis that will confirm prospects…

Power crisis weighs heavily on Dallaglio  

Business Writer Dallaglio Investments says it has not been spared by current power shortages resulting in backup power from generators which has increased cost of production. The company, majority owned…

Zim has enough stocks of fertiliser, Bhasera

Business Writer The Government has assured that there are enough fertiliser stocks in the country, but more foreign currency is needed to unlock the essential crop nutrients. There were fears…

Chengetedzai Depository Company finalizing securities lending and borrowing

Business Writer  Chengetedzai Depository Company (CDC) says it is finalising the implementation of Securities Lending and Borrowing to enhance market liquidity and increase turnover for the market.  The project, which…

Uncertain outlook knocks off business confidence

Business Writer Business confidence has deteriorated this year, compared to last year as an uncertain economic outlook ratchets up concern, a survey by the Zimbabwe National Chamber of Commerce (ZNCC)…

Public entities continue to defy AG

Business Writer Public entities, chiefly line ministries, State enterprises and parastatals continue defying the Auditor General (AG), in violation of the Public Finance Management Act (PFMA), as it emerged nearly…

Zesa faces revenue crisis as power challenges escalate

Business Writer  ZESA Holdings, the State-owned power utility is likely to plunge into a cash flow crisis as a result of declining revenue in light of subdued supply, analysts have…

Defining fashion moments of 2022

As 2022 draws to a close and we ready ourselves for the festive season it’s time to swop our office wear for beach wear and take a much-needed break from…

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