Diversification strategy pays dividends for Zimpapers
Business Writer Zimbabwe Stock Exchange listed media organisation, Zimbabwe Newspapers (Zimpapers), says it has made remarkable progress towards maintaining sustainable profitability through a revenue diversification strategy anchored on the vision of…
NRZ re-engines locomotives to increase traction power
Business Weekly/NewZiana The National Railways of Zimbabwe (NRZ) is converting its diesel electric locomotives into mainline ones as a way of increasing its pulling capacity, an official has said as…
Mthuli revises growth figures as inflation rages on
Business Weekly/NewZiana Finance and Economic Development Minister, Professor Mthuli Ncube now expects economic growth for this year to be a bit slower than the 5.5 percent earlier projected, with the…
Tourism sector in impressive Q1 performance
Business Writer The tourism sector had a positive first quarter of the year with international tourist arrivals jumping 92,7 percent while receipts grew by 138 percent, latest figures from the…
CBZ Bank launches a local remittance service, CBZ Remit
Business Writer CBZ Bank has launched a local remittance service that enables clients to safely send and receive money within Zimbabwe as part of the Bank’s need to continually bring…
New law to enforce Govt regulations
Business Writer Zimbabwe has gazetted new legislation that will see the country using foreign currency until December 2025 while prices of goods and services sold in the Zimbabwe dollar have…
“Gold coins can stabilise the economy”
Business Writer The proposed introduction of gold coins in Zimbabwe as an alternative to preserve value against the negative impact of raging inflation, has potential to normalise the economy if…
PPC sales buoyed by Govt infrastructure drive
Business Writer Government infrastructure drive in the past year drove Pretoria Portland Cement (PPC) Zimbabwe’s sales volumes by 28 percent in the full year to March 31, 2022. PPC…
Govt acts on bread, maize meal prices
Business Writer/NewZiana Starting next month, grain millers members will be accessing 20 000 tonnes of wheat per month from the Grain Marketing Board to shore up the millers’ own supplies…
Law to entrench multiple currency system on cards
Business Writer Government wants to enact law to entrench the dual multicurrency system use in Zimbabwe. The legislation will make both the US and Zimbabwe dollars legal tender for all…











