Dedicated railway line for Mvuma steel company
Prosper Ndlovu A new dedicated railway line network will be established to connect the US$1 billion stainless steel plant in Mvuma, Midlands province with the Indian Ocean ports in Mozambique.…
Zim removal from FATF, a confidence booster
Business Writer The removal of Zimbabwe from the Financial Action Task Force (FATF)’s grey-list is yet another vote of confidence by the international community on the country. The removal comes…
AfDB launches US$10.5 million projects
Business Writer THE African Development Bank (AfDB) has launched US$10.5 million worth of projects aimed at improving socio-economic development in Zimbabwe. The projects will run for periods ranging from 30…
‘No more bureaucratic barriers on Zim investments’
Prosper Ndlovu LOCAL and international investors are free to tap into any business opportunity in Zimbabwe as there are no more bureaucratic bottlenecks in terms of doing business, according to…
ZIDA queries Kuvimba Zisco deal
Business Writer The Zimbabwe Investment and Development Agency (ZIDA) expressed reservations over the eight percent management fees from gross revenue proposed by Kuvimba Mining House (KMH), a company selected to…
Big suppliers demand USD payments only
Golden Sibanda A number of big manufacturers and suppliers (names supplied) are demanding US dollar payments only from customers wishing to buy certain products that are in high demand and…
Russia, Ukraine war: US$100m trade deals at stake
Business Writer Zimbabwe’s external trade will not suffer much from Russia’s war in Ukraine as combined direct imports and exports, per year, to the two countries, amounts to less than…
Call to ban scrap metal exports
Martin Kadzere About 30 foundry and steel recycling firms in Zimbabwe have closed shop due to a severe shortage of feedstock and high scrap metal prices, Business Weekly can reveal,…
Treasury fuel levy hike shock as global oil price increases
Business Writer This week Finance and Economic Development Minister, Prof Mthuli Ncube, amended section 22H of the constitution on the National Oil Company of Zimbabwe (NOCZIM) debt redemption and strategic…
Warren Buffett stocks ranked
Warren Buffett’s stock selections don’t look like how they used to. The Berkshire Hathaway (BRK.B) equity portfolio has undergone a lot of upheaval over the past decade. For one, Berkshire…











