Willdale issues further cautionary statement on idle assets

Business Writer Zimbabwe Stock Exchange listed brick maker, Willdale, has issued a further cautionary statement advising shareholders that the firm wants to dispose of certain idle assets. “Further to a…

China lifts ban on SA wool exports

Carin Smith News24.com China has lifted restrictions on the import of wool from South Africa, the Department of Agriculture, Land Reform and Rural Development said on Tuesday afternoon. The value…

Econet records growth in data services

Enacy Mapakame The country’s largest mobile network service provider – Econet – has witnessed significant growth in data services supported by its device strategy, an initiative also meant to increase…

NatFoods disposes of stake in Pure Oil

Business Writer National Foods Limited has sold its 25 percent stake in Pure Oil, the producer of the ZimGold cooking oil brand for an undisclosed amount, Business Weekly has learnt.…

Pensioners pray for oil, gas breakthrough

New Ziana Hundreds of thousands of pensioners are on the cusp of securing a life-changing turn in financial fortunes if drilling tests in the Muzarabani oil and gas project, in…

Kandlela leaving POSB

Business Writer   PEOPLE’S Own Savings Bank (POSB) chief executive officer, Mr Admore Kandlela, is stepping down from his post in October having been at the helm of the State-owned institution…

Sasol warns carbon tax poses big risk to its business, and it may have to scale back

Bloomberg Sasol, South Africa’s second-biggest greenhouse gas emitter, sees carbon taxes posing a “significant risk” to its business and warned current proposals could cause it to curtail operations and green…

Zimbabwe’s food inflation a worrying case

Tapiwanashe Mangwiro The World Bank’s latest Food Security Update placed Zimbabwe second among 10 countries with the highest food price inflation, both in nominal and real terms. Information from the…

Modern building tech to spur housing delivery programme

Business Writer/NewZiana Government has adopted the use of new building technologies to build 100 blocks of flats per month per site under the national housing delivery programme, according to National…

ZTA partners Immigration Department to promote tourism

Business Writer    The Zimbabwe Tourism Authority (ZTA) has engaged the Immigration Department as part of efforts to promote accessible tourism for all. The Immigration Department is at the starting…

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