High interest rates take toll on cotton firms
Business Weekly A combination of high-interest rates and low cotton output could lead to more defaults among Zimbabwe cotton companies, some industry executives have warned. Zimbabwe more than doubled interest…
Stanbic targets diaspora property market
Business Writer Stanbic Bank Zimbabwe is taking part in two property trade and investment expositions to be held in the United Kingdom (UK) this week and next to unlock investment…
Monetary losses drag BAT Zimbabwe to after tax loss
Tapiwanashe Mangwiro Listed cigarette manufacturer, BAT Zimbabwe, earned an inflation adjusted after tax loss of $678 million. The loss was largely a reflection of hyperinflation related monetary losses incurred during…
Sanganai/Hlangani Expo attracts quality sponsors
Business Writer The Zimbabwe Tourism Authority (ZTA) says the upcoming Sanganai/Hlanganani World Tourism Expo continues to attract quality and credible sponsors as evidenced by the coming on board of Air…
Mbudzi roundabout to be closed on on Sunday for one and half years.
The closure of portions of the Harare-Masvingo Road, Chitungwiza and High Glen Roads to pave way for the construction of the multi-million-dollar traffic interchange at the Mbudzi roundabout will take…
Boost for infrastructure development as Norsad, IDBZ sign MoU
Business Writer Norsad Capital and Infrastructure Development of Zimbabwe (IDBZ) have signed a Memorandum of Understanding (MOU) to enhance cooperation and collaboration on technical matters, co-investment, or possible portfolio management.…
Treasury needs to be more transparent on budgets
Business Writer Zimbabwe has been challenged to be more transparent with its citizens as it continues to miss the minimum fiscal transparency requirements. The US Department of State released the…
Zim to commemorate International Ozone Day
When Zimbabwe commemorates World Ozone Day next Friday, it will be walking with a spring in its step due to the tremendous progress that it has made in phasing out…
AMA awards cotton farmers of the season
Business Writer The Agricultural Marketing Authority (AMA) rewarded the best cotton selling farmers of the 2022 season as a way to motivate growers to be more commercial and also take…
Liberalise the market to tame speculators, Cross
Prosper Ndlovu Government has done a lot of ‘hard-work’ in stabilising the macro-economic environment in the country and should now consider liberalising the market for the economy to start enjoying…











